#CryptoCorner #Podcast 609: #Stocks discussed: (NasdaqCM: $RIOT) (CSE: $GBLC.C)

 

 

#CryptoCorner #Podcast 609: #Stocks discussed: (NasdaqCM: $RIOT) (CSE: $GBLC.C)

 

BitBull Capital’s Joe DiPasquale Comments on El Salvador BTC Adoption, Riot Blockchain Reports May Updates, and Graph Blockchain Completes Acquisition of Beyond the Moon, Inc.

 

Point Roberts, WA, Delta BC June 11, 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/2021/061121-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/06111RIOT-GBLC.asp

 

Get the Crypto Corner Podcast on iTunes

 

Get the Crypto corner on Spotify

 

Stocks discussed: (NasdaqCM:RIOT) (CSE:GBLC)

 

Readers will recall the news from Wednesday’s Crypto Corner that El Salvador had voted to adopt Bitcoin (BTC) as a legal tender. On that subject, Investorideas.com received commentary from Joe DiPasquale, CEO of BitBull Capital:

 

"Will it start a new trend where world governments will want to consider Bitcoin more seriously? Paraguay, another country considering BTC adoption may agree, but it is too soon to make such an assessment. What it will do, however, is give Bitcoin a testing ground to perform as a legally acceptable monetary medium for settling debts.

 

Up until now, BTC has been used more as a store of value and an alternative investment instead of a medium of exchange. In a year or so, perhaps usage data from El Salvador could shed more light onto Bitcoin’s public acceptability and ease of use.

 

Meanwhile, what this move does tell us is that smaller economies are actively seeking ways to generate wealth, be it in the form of taxes, remittances or investments. Bitcoin and digital currencies as a whole fit into this narrative for most, and present untapped opportunities to boost economic growth and provide both governments and citizens ways to benefit from this upcoming paradigm shift.

 

Countries where access to financial services is low, such as El Salvador, stand to benefit the most from crypto adoption and increasing inclusion for the masses. Once these countries adopt crypto and are able to show the benefits of said adoption, we can expect bigger economies to start experimenting with crypto assets as well.

 

For now, even if El Salvador’s adoption announcement ends up being a drop in the ocean, it stands as a big first for Bitcoin."

 

Riot Blockchain (NasdaqCM:RIOT) has reported its May production and operational updates. Highlights include the production of 227 BTC for the month, up about 220% over its May 2020 production of 71 BTC. The report also notes the shipping of 1,000 S19 Pro Antminers (110 TH) in late May, the installation of which is expected to be completed in Q2 2021. The company also plans to “immediately commence further development of additional capacity” at the Whinstone mining facility in Rockdale, TX, which it completed acquiring on May 26, “in order to rapidly bring the property to its current capacity of 750 MW.”

 

Graph Blockchain Inc. (CSE:GBLC) has closed its acquisition of all of the shares of Crypto Launchpads service provider Beyond the Moon Inc. Crypto Launchpads, as described in the press release, are “crypto projects designed to help upcoming projects reach their full potential and mainstream adoption.” Graph Blockchain CEO Paul Haber said:

 

"Graph's acquisition of Beyond the Moon gives our shareholders exposure to quality Initial DEX Offerings and early adoption of new crypto tokens. By adding Beyond the Moon to our group of companies, we gain access to even earlier rounds of any upcoming token presales to add value to Graph's portfolio of altcoins."

 

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 publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

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