#CryptoCorner #Podcast 524- #Stocks discussed: (NasdaqGS: $TSLA) (TSXV: $BITF.V) (CSE: $BTC.C) @genesimmons @SnoopDogg

#CryptoCorner #Podcast 524- #Stocks discussed: (NasdaqGS: $TSLA) (TSXV: $BITF.V) (CSE: $BTC.C) @genesimmons  @SnoopDogg


#Bitcoin Rallies Following News of #Tesla Investment and Adoption, Dogecoin Rally Continues as Gene Simmons and Snoop Dogg Join, Bitfarms Announces $40 Million CAD Private Placement, and Bluesky Orders Nearly $1 Million CAD in Mining Machines from Pandaminer


Point Roberts, WA, Delta BC February 8, 2021 - Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.


Listen to today’s Crypto Corner Podcast: 



Read this in full at https://www.investorideas.com/news/2021/crypto-corner/02081TSLA-BITF-BTC.asp


Get the Crypto Corner Podcast on iTunes


Get the Crypto corner on Spotify


Stocks discussed: (NasdaqGS:TSLA) (TSXV:BITF) (CSE:BTC)


Bitcoin (BTC) has registered another new all-time high trading price today with a peak of just under $44,000 at press time, according to data from CoinMarketCap. The flagship cryptocurrency hit its previous ATH exactly one month ago (Jan 8) when it got to just below $42,000. This explosive growth – Bitcoin is up about 13 percent in the past 24 hours – is surely a response to an annual report from Tesla (NasdaqGS:TSLA), which indicates that the electric vehicle giant invested $1.5 billion into Bitcoin and anticipates the adoption of bitcoin payments in the future. An excerpt reads:


“…we invested an aggregate $1.50 billion in bitcoin under this policy and may acquire and hold digital assets from time to time or long-term. Moreover, we expect to begin accepting bitcoin as a form of payment for our products in the near future, subject to applicable laws and initially on a limited basis, which we may or may not liquidate upon receipt.”


This follows Tesla CEO Elon Musk’s recent inclusion of #bitcoin (since removed) on his Twitter profile description, and his positive comments on the cryptocurrency during a talk on the Clubhouse platform. In the last couple of weeks or so, Musk has been involved in pushing Dogecoin (DOGE), which is now the ninth largest cryptocurrency by market cap, according to CoinMarketCap. Over the weekend, KISS rockstar Gene Simmons and Snoop Dog joined Musk’s “DOGE Army”, adding more excitement to the rally. Dogecoin is up more than 1,380 percent YTD so far, according to CoinDesk.


Bitfarms Ltd. (TSXV:BITF) has announced a $40 million CAD private placement with institutional investors. The press release indicates that proceeds from the placement will be used to “acquire additional miners, expand infrastructure, and improve its working capital position.” The company’s CEO, Emiliano Grodski, said:


“We are pleased to announce our third financing, having just closed two financings in January of CAD$20.0 million each. This additional financing will allow us to further grow our miner count and expand infrastructure. We are very pleased to continue to expand our institutional presence in the United States.”


Bluesky Digital Assets Corp. (CSE:BTC) has formalized and completed a new mining hardware order for the amount of $915,000 CAD for cutting edge GPU mining machines from Pandaminer. Ben Gelfand, Bluesky’s CEO, commented:


"We continue to demonstrate our ability to execute rapidly against our plans and announced strategies. Locking in strategic relationships with key vendors and industry leading players like Pandaminer ensures that we can acquire the right hardware, at the right price points, and in a timely fashion so we can put our shareholders investments to work."


Sam Mowers, Investorideas


For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory


Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood , Acorn, Stash  and others.

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

The Crypto Corner is part of the Investor Ideas Membership content

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com: https://www.investorideas.com/Audio/

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Cryptocurrency Disclaimer

Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

Copyright and ownership: Crypto Corner is an Investorideas.com content brand


Follow us on Twitter https://twitter.com/Investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

Download our Mobile App for iPhone and Android 


Join our Investor Club https://www.investorideas.com/membership/


Contact Investorideas.com




Get more Bitcoin and Blockchain Investor ideas  – news, articles, podcasts and stock directories