#CryptoCorner #Podcast 585: #Stocks discussed: (CSE: $BIGG.C) (TSXV: $BNXA.V)
#CryptoCorner #Podcast 585: #Stocks
discussed: (CSE: $BIGG.C) (TSXV: $BNXA.V)
ETH
Could See Better Growth in 2021 Than BTC, BIG Partners with Uncharted Software,
and Banxa Reports 1000% Transaction Value Increase
Point Roberts, WA, Delta BC May 6, 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: (CSE:BIGG)
(TSXV:BNXA)
Gregory Klumov, CEO of stablecoin
platform STASIS, sister company to investment firm EXANTE,
believes that Ethereum (ETH) could see more impressive growth than
Bitcoin (BTC) this year, according to the following
comments shared with Investorideas.com:
"Ethereum hitting new record
highs comes as a little surprise, considering that the cryptocurrency field has
recovered fast after the last dip and the second-largest cryptocurrency seems
like a viable asset for further investments.
There is a chance it will hit $10k or
even up to $15k in 2021, thus overcoming Bitcoin in terms of growth. In
relative terms, BTC would need to hit $150-250k in order to outdo ETH’s growth
and we don’t see this happening.
Many investors have already started to
switch gears and relocate to altcoins, unsure of Bitcoin's next market move.
Moreover, the announcement that the European Investment Bank (EIB) may start
selling digital bonds on the ETH blockchain also added fuel to the fire.
Additionally, we believe that the institutional support will help Ethereum to
climb unexpected heights, just like it did for BTC.”
Blockchain
Intelligence Group (BIG), a subsidiary of BIGG Digital Assets Inc. (CSE:BIGG), has partnered with visual software company
Uncharted Software Inc. to facilitate “investigators and analysts to exploit
complex cryptocurrency related data and make it possible for anyone in law
enforcement to incorporate and comprehend this data as part of criminal
investigations or intelligence cases.” Lance Morginn, President of BIG,
explained:
"Technologically savvy criminals
use cryptocurrency to finance crimes and evade detection by the authorities.
It's our mission to put advanced, simple-to-use, and reliable crypto analytics
in the hands of law enforcement. By partnering with Uncharted, a leader in
investigative solutions for law enforcement, we are fulfilling our mission to
equip law enforcement to fight crime in the era of crypto."
Banxa
Holdings Inc. (TSXV:BNXA) has announced that its Total Transaction Volume
(TTV) results for April, have exceeded $100 million for the first time,
reaching a record volume of $110 million, which is more than a 30 percent
increase over the company’s previous record. It is also a 1000 percent increase
over the $11 million the company in April 2020. Holger Arians, CEO of BANXA,
commented:
"We are thrilled to report
another record month, both our partners and our team are working hard, and we
are adding new partners every month. The whole digital asset market is booming
and is moving into the middle stage of this growth period. It's pretty clear
even to the naysayers that digital assets are here to stay.”
Sam
Mowers, Investorideas
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