#CryptoCorner #Podcast 587: #Stocks discussed (NYSE: $UBS) (NasdaqCM: $RIOT) (TSXV: $HIVE.V)




#CryptoCorner #Podcast 587: #Stocks discussed (NYSE: $UBS) (NasdaqCM: $RIOT) (TSXV: $HIVE.V)


Ethereum Hits New ATH, UBS Group Considering #Crypto Options for Rich Clients, Riot Announces April Production Results, and HIVE Sells Norwegian Subsidiary


Point Roberts, WA, Delta BC May 10, 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



Get the Crypto Corner Podcast on iTunes


Get the Crypto corner on Spotify


Stocks discussed: (NYSE:UBS) (NasdaqCM:RIOT) (TSXV:HIVE)


Data from CoinMarketCap indicates that Ether (ETH), the native cryptocurrency of Ethereum, has reached another new all-time high trading price of $4,165 USD, and is trading for about $4,085 at press time. As for Bitcoin (BTC), the flagship cryptocurrency, it is trading for roughly $57,350 at press time, after having surpasses $59K a couple of times briefly over the weekend.


BNN Bloomberg reports that Swiss multinational investment bank and financial services giant UBS Group AG (NYSE:UBS) is planning ways to offer wealthy clients investments in digital currency. Not much information was given, but a source “familiar with the plan,” said that:


Any investment offering would be a very small portion of the clients’ total wealth because of the volatility, while options include investing through third party investment vehicles.


Riot Blockchain, Inc. (NasdaqCM:RIOT) has announced its April production and operational updates. Highlights include the production of 206 bitcoins, which is an increase of about 91 percent over its pre-halving April 2020 production of 108 bitcoins. As of April 30, the company holds over 1,771 bitcoins, “all of which were produced by its mining operations.” Riot also revealed that 6500 S19 Pro Antminers were shipped early this month, and that installation of these is expected to be completed in the second quarter. Upon full deployment of these additional miners with the company’s existing fleet, “Riot will have a total of 22,946 Antminers in operation, utilizing approximately 73 megawatts of energy, with an estimated hash rate capacity of 2.3 exahash per second.


HIVE Blockchain Technologies Ltd. (TSXV:HIVE) has announced the sale of its Norwegian subsidiary Kolos Norway AS to the local municipality Narvik under a share purchase agreement. This follows a legislative bill, approved by the Norwegian Parliament in 2018, stating that cryptocurrency miners will no longer be subject to the relief on power consumption at the same rate as other power-intensive industries. HIVE’s Executive Chairman, Frank Holmes, explained:


"HIVE would like to express our appreciation to the local community of Narvik, who has been supportive of the challenging position that the Company was facing. We are unfortunate that it has come to this, but glad that the property has been retained by the local community so that the community can focus on developing this greenfield property for many uses. This deal was made before myself or our CFO had assumed executive duties. We are pleased that our management team can now continue to focus on more immediate needs like upgrading our current facilities while expanding existing operations in Sweden, Iceland and Canada.”


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





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