#CryptoCorner #Podcast 559: #Stocks discussed: (NasdaqGS: $PYPL) (TSX: $GLXY.TO) (TSXV: $CSTR.V)

 

 

 

 

 

#CryptoCorner #Podcast 559: #Stocks discussed: (NasdaqGS: $PYPL) (TSX: $GLXY.TO) (TSXV: $CSTR.V)

 

#Bitcoin Rallies as PayPal Announces Checkout with #Crypto, Galaxy Digital Reports 2020 Financials, and CryptoStar Renegotiates Equipment Purchase Agreement

 

Point Roberts, WA, Delta BC March 30, 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/2021/033021-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/03301PYPL-GLXY-CSTR.asp

 

Get the Crypto Corner Podcast on iTunes

 

Get the Crypto corner on Spotify

 

Bitcoin (BTC) is on the move again this morning, having reached a peak trading price of roughly $59,450, according to data from CoinMarketCap. Bitcoin has been on a mostly steady upward trajectory since last Thursday (March 25), and is now once again in the neighbourhood of its all-time high trading price of about $61,680, reached on March 13, 2021.

 

This bullish movement from Bitcoin is likely, at least in part, a reaction to news from PayPal (NasdaqGS:PYPL) announcing the launch of Checkout with Crypto. According to the press release, this is a new feature enabling customers with cryptocurrency holdings in the U.S. “to check out with crypto seamlessly within PayPal at checkout,” and is available at millions of global online businesses. PayPal’s President and CEO, Dan Schulman, said:

 

“As the use of digital payments and digital currencies accelerates, the introduction of Checkout with Crypto continues our focus on driving mainstream adoption of cryptocurrencies, while continuing to offer PayPal customers choice and flexibility in the ways they can pay using the PayPal wallet. Enabling cryptocurrencies to make purchases at businesses around the world is the next chapter in driving the ubiquity and mass acceptance of digital currencies."

 

Galaxy Digital Holdings Ltd. (TSX:GLXY) has reported financial results for itself and Galaxy Digital Holdings LP for the year ended December 31, 2020. Highlights include a net comprehensive income increase for 2020 of 1,396 percent to $385.5 million, from $25.8 million in the previous year. Galaxy Digital’s Founder and CEO, Michael Novogratz, announced that the company is “actively preparing for a U.S. listing in the second half of 2021.” He went on to say:

 

“We believe our industry is at an inflection point as we participate in a once in a lifetime secular shift into cryptocurrencies as an institutionalized asset class. Galaxy Digital is committed to leading our clients and the industry through this transformation."

 

CryptoStar Corp. (TSXV:CSTR) has renegotiated an equipment purchase agreement with a Hong Kong-based company to acquire a combination of GPU and ASIC miners. The company has also purchased additional mining Hashrate from additional suppliers. CryptoStar President and CEO, David Jellins, commented on the news:

 

"We are delighted to be adding self-mining Hashrate using this highly sought-after GPU and ASIC mining equipment. We are looking forward to taking delivery of the additional GPU and ASIC miners from our Vendor and from our additional suppliers. We are also looking forward to self-mining on a larger scale as we continue to add further self-mining Hashrate throughout the remainder of 2021 and beyond. The Company has transitioned from a self-mining, Bitcoin only, company to a self-miner of both Bitcoin and Ethereum and CryptoStar is now able to host in Alberta, Canada for cryptocurrency mining customers from around the globe at amongst the lowest power rates available in North America."

 

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 ( Apple Podcasts) ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Play Music and most audio platforms available.

 

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

800-665-0411

 

 

 

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