#CryptoCorner #Podcast 649: #Stocks discussed: (NasdaqGS: $PYPL) (NYSE: $V) (NYSE: $MA) (OTC: $ARBKF) (CSE: $BTC.C)
#CryptoCorner #Podcast 649: #Stocks
discussed: (NasdaqGS: $PYPL) (NYSE: $V) (NYSE: $MA) (OTC: $ARBKF) (CSE: $BTC.C)
Alchemy
Pay to Launch Virtual Crypto-Linked Cards, Argo Blockchain Reports H1 2021
Results, and Bluesky Announces 2021 ETH Mining Results
Point Roberts, WA, Delta BC August 9,
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.
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https://www.investorideas.com/Audio/Podcasts/2021/080921-CryptoMarket.mp3
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Stocks discussed: (NasdaqGS:PYPL)
(NYSE:V) (NYSE:MA) (OTC:ARBKF) (CSE:BTC)
Crypto-fiat hybrid payment solutions
provider Alchemy Pay has announced that it will be “launching
Virtual Crypto-Linked Cards to accelerate the adoption of cryptocurrencies in
the payment sector.” The cards will be able to be linked to digital wallets,
including Google Pay and PayPal (NasdaqGS:PYPL), and according to the press
release, “will be accepted across millions of merchants on the Visa (NYSE:V) and Mastercard (NYSE:MA) network.”
This follows news last week that Binance, the
world’s largest crypto exchange, had partnered with Alchemy Pay to “build a payment
bridge between crypto and fiat through the Binance Pay wallet.” Alchemy Pay’s
CEO, John Tan, had commented:
“Alchemy
Pay was founded in 2018 by a team of fiat payment gateway veterans with a
shared vision to build a practical bridge between fiat and crypto. When we
started, the total value of the cryptocurrency market was less than a tenth of
a percent of what it is today. Electronic payments outside of the $80 trillion
fiat economy were virtually unknown to the world.
Alchemy
Pay’s partnership with Binance for the Binance Pay wallet significantly expands
the practical backbone applications we build between the crypto and fiat
worlds”
Argo Blockchain (OTC:ARBKF) has reported results for its six months ended
June 30, 2021. Highlights include a 180 percent increase in revenues to £31.1
million ($43 million USD), and a total number of 883 Bitcoin (BTC) and Bitcoin Equivalent mined in
the period. CEO and Interim Chairman of Argo, Peter Wall, said:
"We
have capitalised on a change in market conditions in the first half of 2021 to
deliver strong growth in both revenues and profits, demonstrating that our
smart growth strategy is delivering value to shareholders."
Bluesky Digital Assets Corp. (CSE:BTC) has announced that it has mined 390.1549 Ether
(ETH) this calendar year as of August
8. The company’s CEO, Ben Gelfand, said:
"We
have always strategically positioned to maintain a differentiated approach in
our mining efforts and with the acquisition and move to production of our new
Pandaminers, we have reached a significant milestone in our overall mining
efforts as we continue to deploy additional mixed mining assets with our
signature staged approach for the growth of our business.”
Sam
Mowers, Investorideas
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