#CryptoCorner #Podcast 555: #Stocks discussed (NasdaqGS: $TSLA) (TSXV: $BITF.V) (NasdaqCM: $EQOS) (OTC: $QGSI)
#CryptoCorner #Podcast 555: #Stocks
discussed (NasdaqGS: $TSLA) (TSXV: $BITF.V) (NasdaqCM: $EQOS) (OTC: $QGSI)
Tesla
Accepting #Bitcoin, Bitfarms Provides Corporate Update, Diginex Reports
Increased Account Openings and Trading Volume, and QuantGate Launches #Crypto
Division
Point Roberts, WA, Delta BC March 24,
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:
https://www.investorideas.com/Audio/Podcasts/2021/032421-CryptoMarket.mp3
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this in full at https://www.investorideas.com/news/2021/crypto-corner/03241TSLA-BITF-EQOS-QGSI.asp
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Stocks discussed: (NasdaqGS:TSLA)
(TSXV:BITF) (NasdaqCM:EQOS) (OTC:QGSI)
Earlier
today Elon Musk tweeted that Tesla (NasdaqGS:TSLA) now accepts Bitcoin (BTC) as a form of payment. This follows an SEC filing from February this year, which
indicated the company’s purchasing an aggregate of $1.5 billion in BTC.
According to Tesla’s official website, it is “only supporting Bitcoin for
customers in the continental United States,” but will “consider expanding into
new markets in the future.” Musk subsequently tweeted:
Tesla is using only internal &
open source software & operates Bitcoin nodes directly. Bitcoin paid to
Tesla will be retained as Bitcoin, not converted to fiat currency.
Bitfarms
Ltd. (TSXV:BITF) has announced the successful installation and
operation of its previously announced order of 4,500 MicroBT M31S+ miners,
bringing its current installed hashrate to 1.2 EH/s. According to the press
release, this represents a 24 percent growth rate in a single quarter,
surpassing the company’s entire 2020 growth. Bitfarms has also entered into a
hosting agreement with Blockware Solutions and Blockware Mining in the United
States wherein it is sending older-gen and mid-gen hardware for hosting at one
of their American facilities. Bitfarms CEO Emiliano Grodzki commented on the
impact of Bitcoin’s growth on the company’s operations:
“The growth in Bitcoin value since
January clearly shows the strategic importance of holding Bitcoin and the
tremendous opportunity to generate strong value for our shareholders. Bitfarms
is excited to continue our Bitcoin program. With over 500 Bitcoin mined in the
first quarter alone, we are excited to be able to deliver one of the fastest
growing Bitcoin production rates in North America and with some of the lowest
costs of production.”
Diginex
Limited (NasdaqCM:EQOS) has reported a “significant acceleration in
account openings and a daily record for retail trading volume on the EQUOS
Cryptocurrency Exchange following the launch of the special issuance period for
its EQUOS Origin token ("EQO") on March 16, 2021.” Diginex CEO Richard
Byworth said:
"EQO is designed to allow utility
across the future prime / private banking-like experience for digital assets
that we have been building. Since last week's launch, we have seen increased
activity coming from a diverse range of countries, with trading volume from
customers across Europe, the Middle East, Asia and Australasia. It's great to
see such global recognition for this very unique exchange token."
AI
and Machine Learning SaaS-based solutions provider QuantGate Systems Inc. (OTC:QGSI) has announced the launch of QuantGate Crypto, a
wholly-owned division aimed at providing SaaS-based technology solutions for
crypto companies, institutions and platform providers. Ilan Yosef, CTO/COO of
QuantGate, explained:
"The focus of QuantGate Crypto is
to significantly enhance cryptocurrency platforms and exchanges, by integrating
our ground-breaking technology. Our proprietary SaaS solutions and artificial
intelligence algorithms are perfectly suited to the dynamic cryptocurrency
markets, having already been applied and proven with Forex and Stocks. We are
committed to enhance the wide array of blockchain offerings, which includes
providing turn-key solutions to serve a rapidly growing market."
Sam
Mowers, Investorideas
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