#CryptoCorner #Podcast 582: #Stocks discussed: (NYSE: $BAC) (CSE: $INTL.C) (TSXV: $BKMT.V)
#CryptoCorner #Podcast 582: #Stocks
discussed: (NYSE: $BAC) (CSE: $INTL.C) (TSXV: $BKMT.V)
Ethereum
Hits ATH, #Bitcoin Surges, Intellabridge Launches Corporate Partners Program
for Kash, and Blockmint Releases Upgraded Version of Minter #Crypto Browser
Point Roberts, WA, Delta BC May 3, 2021
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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.
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Stocks discussed: (NYSE:BAC)
(CSE:INTL) (TSXV:BKMT)
Ethereum
(ETH),
following a steady incline in the past week, is now trading for roughly $3,140,
after having reached a record high of $3,200 earlier in the day, according to
data from CoinMarketCap. As the native cryptocurrency
of the Ethereum blockchain, Ether is the second-largest crypto by market cap,
and currently sits at about $363 billion USD. As such, Ethereum is worth more,
as a report from CoinDesk indicates, than Bank of America (NYSE:BAC), the largest U.S. bank. A further
excerpt from that same CoinDesk article provides some insight as to what is
driving Ethereum’s recent growth:
The daily transaction count has
increased by 22% to 1.376 million this year, per data provided by Glassnode.
The Ethereum network settled $1.5 million in transactions in the first quarter
alone, more than the combined tally of the previous seven quarters.
Bitcoin
(BTC) has also seen some impressive, albeit
more erratic, growth over the past week, and is currently trading for about
$58,100. It quite nearly reached $59,000, coming just short, earlier today, as
it appears to move closer to challenging its all-time high trading price of
$64,863, reached on April 14 this year.
Fintech
blockchain firm Intellabridge Technology Corp. (CSE:INTL) has launched a Corporate Partners Program for its
Kash decentralized banking platform. This is described in the press release as
“a business development and marketing program offering a white label solution
for businesses which want to complement their existing services with
decentralized banking solutions to better serve their customers.” John
Eagleton, CEO of Intellabridge, commented:
"It's a great way for companies
to have a turnkey DeFi banking solution for their customers to provide them
with better financial services, value transfer, instant settlement, lower cost
and higher savings rates. We are currently in discussions with potential white
label partners who already have several million customers which can accelerate
the adoption of Kash and the Terra ecosystem, especially for the unbanked in
emerging markets."
Blockmint
Technologies Inc. (TSXV:BKMT) has released an upgraded version of its Minter
Crypto Browser, allowing users to exchange their earned cryptocurrency for a
fractional ownership in a non-fungible token (NFT) from BlockMint's NFT
portfolio. The company’s CEO, Nelson Ijih, said:
"This is our most important and
innovative Minter version release to date and another first for BlockMint. The
new Minter browser allows users to exchange their earned crypto for either
fractional NFT interests or carbon offset credits. BlockMint continues to lead
the industry in crypto browser innovation and product firsts. We expect to
continue the trend with additional product features in the coming months."
Sam
Mowers, Investorideas
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