Investorideas.com breaking Bitcoin, blockchain and crypto stock news

Thursday, May 19, 2022

NFT Market Needs Rejuvenation to Match Supply Increase: Huobi Research Institute Report

NFT Market Needs Rejuvenation to Match Supply Increase: Huobi Research Institute Report

Crypto app's first time installs in Europe reached 20M in Q1 2022

Crypto app's first time installs in Europe reached 20M in Q1 2022

Top Cryptocurrency Exchange Bybit Offers Up to 30% APY on Its New Liquidity Mining Pools

Top Cryptocurrency Exchange Bybit Offers Up to 30% APY on Its New Liquidity Mining Pools

Cryptocurrency trading generated around $163 billion in profits in 2021

Cryptocurrency trading generated around $163 billion in profits in 2021

Israel's First Crypto-Cashback Credit Card: Max and Bits of Gold Launches MaxBack Crypto - Get Bitcoin Cashback on Credit Card Purchases

Israel's First Crypto-Cashback Credit Card: Max and Bits of Gold Launches MaxBack Crypto - Get Bitcoin Cashback on Credit Card Purchases

FrogeX Pioneers a New "Eco-DeFi" Crypto-Category with Advanced Smart Contract Funding

FrogeX Pioneers a New "Eco-DeFi" Crypto-Category with Advanced Smart Contract Funding

#CryptoCorner #Podcast 837: #Stocks discussed: (NasdaqGS: $COIN) (NasdaqGM: $CAN) (NasdaqCM: $MIGI)

 



 

 

#CryptoCorner #Podcast 837: #Stocks discussed: (NasdaqGS: $COIN) (NasdaqGM: $CAN) (NasdaqCM: $MIGI)

 

Coinbase Launches Crypto Think Tank, Canaan Posts Q1 Results, and Mawson to Develop Bitcoin Mining Facility in Texas

 

Vancouver, Kelowna, Delta, BC May 19, 2022 -  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/2022/051922-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2022/crypto-corner/05191COIN-CAN-MIGI.asp

 

Get the Crypto Corner Podcast on iTunes

 

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Stocks discussed: (NasdaqGS:COIN) (NasdaqGM:CAN) (NasdaqCM:MIGI)

 

Coinbase (NasdaqGS:COIN) has announced the launch of the Coinbase Institute, described as “a global crypto-native think tank grounded in evidence-based research.” According to the official blog post, the Institute aims “to accelerate rigorous, novel research, and to bring together the best minds across disciplines to fuel progress on decentralization, web3, and the future of finance.” An excerpt from the announcement reads:

 

We’re still at the early stages of the cryptoeconomy’s evolution, and it’s here to stay. In the future, the Coinbase Institute plans to publish more original research papers and to convene thoughtful discussions around our four pillars. Despite the recent market noise, comprehensive data and analysis about crypto’s adoption over time will provide the public, policymakers, regulators, and academics with a better understanding of crypto’s diversity and interconnection to the overall economy.

 

Canaan Inc. (NasdaqGM:CAN) has reported its unaudited financial results for the three months ended March 31, 2022. Quarterly highlights include the sale of 4.3 million Thash/s in computing power, and revenues of $213.9 million. Nangeng Zhang, Chairman and CEO of Canaan, said:

 

"We kicked off the year 2022 in an increasingly unpredictable environment due to macroeconomic uncertainties and logistic disruptions caused by the COVID-19 pandemic. While confronting these challenges, we remained steadfast in our commitment to strengthening our partnerships with clients and expanding our global coverage. As a result, our computing power sold in the first quarter reached 4.3 million Thash/s, representing an increase of 119.1% from 2.0 million Thash/s in the same period of 2021.”

 

Mawson Infrastructure Group, Inc. (NasdaqCM:MIGI) has announced its development of a new 120 Megawatt (MW) Bitcoin (BTC) mining facility in Texas. On-site development, according to the press release, “is expected to commence in Q2, 2022, with the facility becoming fully operational in Q4, 2022.” James Manning, the company’s CEO, said:

 

“Texas is rapidly emerging as an exciting new Bitcoin mining province in the United States, and thus we are excited to have established an initial foothold in the state. In an environment where energy and energy infrastructure are in high demand, we are looking forward to beginning on-ground civil works near-term. Community engagement is an important priority for Mawson, and we look forward to working closely with the local counties and continuing to be a great corporate citizen in the communities in which we operate."

 

Sam Mowers, Investorideas

 

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

 

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 Investorideas.com podcasts are also available on Apple Podcasts ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts  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/ 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

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Wednesday, May 18, 2022

#CryptoCorner #Podcast 836: #Stocks discussed: (NasdaqGS: $ARBK) (TSXV: $DM.V) (OTC: $INXDF) (NasdaqCM: $DGHI)

 



 

 

#CryptoCorner #Podcast 836: #Stocks discussed: (NasdaqGS: $ARBK) (TSXV: $DM.V) (OTC: $INXDF) (NasdaqCM: $DGHI)

 

Argo and Digihost Announce Q1 Financial Results, and DMG Invests $1M into The INX Digital Company for Institutional Crypto Adoption

 

Vancouver, Kelowna, Delta, BC May 18, 2022 - 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/2022/051822-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2022/crypto-corner/05181ARBK-DM-INXDF-DGHI.asp

 

Get the Crypto Corner Podcast on iTunes

 

Get the Crypto corner on Spotify

 

Stocks discussed: (NasdaqGS:ARBK) (TSXV:DM) (OTC:INXDF) (NasdaqCM:DGHI)

 

Argo Blockchain (NasdaqGS:ARBK) has announced its unaudited financial results for the quarter ended March 31 2022. Highlights include a revenue of $19.5 million, a net income of $2.1 million, the mining of 470 Bitcoin (BTC) and Bitcoin Equivalents, and the HODLing of 2,700 Bitcoin and Bitcoin Equivalents as of the quarter’s end. The company’s CEO, Peter Wall, commented:

 

"During the first quarter, our team has focused on working towards the completion of Helios Phase 1, while continuing to deliver strong performance from our existing fleet. To be a successful miner you need three components - power, miners, and capital. We already have a strong foundation for growth at Helios with our access to 800 MW of power capacity. This quarter, we improved our access to capital by establishing a financing relationship with NYDIG and strengthened our access to miners through our supply agreement with Intel for their new Blockscale ASIC chips. This will allow us to build custom-designed mining machines specifically to Argo's specifications and built for use in immersion-cooling technology.”

 

DMG Blockchain Solutions Inc. (TSXV:DM) has announced a strategic investment of $1 million in The INX Digital Company (OTC:INXDF), a developer of regulated trading platforms for digital securities and cryptocurrencies. According to the press release, this investment by DMG is an initiative “to promote institutional adoption of cryptocurrencies and blockchain technologies as well as accelerate the development of its Blockseer Core+ strategy.” DMG’s CEO, Sheldon Bennett, said:

 

“DMG views this investment in INX as a furthering of its Core+ strategy to drive transaction revenue streams. Our INX partnership offers DMG the opportunity for Blockseer to add to its development roadmap the ability to offer customers new Blockseer-based products.”

 

Digihost Technology Inc. (NasdaqCM:DGHI) has posted its unaudited financial results for the first quarter ended March 31, 2022. Highlights include revenue from digital currency mining of $7.3 million, and the mining of a total of 186.53 BTC. Michel Amar, the company’s Chairman and CEO, explained:

 

“The Company is pleased to present its first quarter financial results, highlighted by a 77% increase in Bitcoins mined on a year over year basis. The Company’s previous investments in infrastructure along with securing access to clean and renewable energy sources led to revenue generation from mining of $7.3M, an increase of 53% over the preceding year. Despite challenging market conditions, Digihost is committed to its goal of being a leading blockchain technology company. With approximately $31 million of cash and cash equivalents currently on hand, valued at today’s BTC price, and a mining operation with breakeven costs of approximately $12,000 per BTC, based on current hashing difficulty and cost of power, the Company is more than capable of sustaining its existing operations, Digihost is clearly here to stay. Based upon the number of BTC mined so far this quarter, the Company anticipates that it will mine more BTC in Q2 than it mined during Q1 of this year.”

 

Sam Mowers, Investorideas

 

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

 

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 Investorideas.com podcasts are also available on Apple Podcasts ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts  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/ 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

 

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Tuesday, May 17, 2022

#CryptoCorner #Podcast 835: #Stocks discussed: (NasdaqGM: $BITF) (NasdaqGM: $SDIG)

 



 

 

#CryptoCorner #Podcast 835: #Stocks discussed: (NasdaqGM: $BITF) (NasdaqGM: $SDIG)

 

Commentary on BTC from BitBull Capital CEO Joe DiPasquale, Bitfarms and Stronghold Digital Report Q1 Results

 

Vancouver, Kelowna, Delta, BC May 17, 2022 -  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/2022/051722-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2022/crypto-corner/05171BITF-SDIG.asp

 

Get the Crypto Corner Podcast on iTunes

 

Get the Crypto corner on Spotify

 

Stocks discussed: (NasdaqGM:BITF) (NasdaqGM:SDIG)

 

Data from CoinMarketCap indicates that Bitcoin (BTC) is trading for roughly $30,000 USD at press time. Joe DiPasquale, CEO of BitBull Capital, has provided commentary to Investorideas.com addressing Bitcoin’s price prospects:

 

In line with our commentary last week. Bitcoin did indeed face downward pressure that saw it losing the $30K support but it did not fall below the $25K level we identified. Expectations of a near-term bounce are still intact but a proper reversal needs more buying activity. Bitcoin’s recent low of around $26,600 was a decent buying opportunity for long-term exposure but the coming month may bring additional volatility as more concrete steps by the FED to fight inflation come to the fore.

 

Bitfarms Ltd. (NasdaqGM:BITF) has reported its financial results for the first quarter ended March 31, 2022. Highlights include Q1 revenues of $40 million, a net income of $5 million, as well as the receipt and installation of over 11,000 miners in the quarter. Geoff Morphy, Bitfarms’ President and COO, said:

 

“We delivered another profitable quarter in Q1 2022, even with the decline in the price of BTC, and revenues were up 42% compared to Q1 2021. We have grown faster than the BTC network, as our hashrate at quarter end was 2.7 Exahash per second (EH/s), up 22% from December 31, 2021. As of today, our hashrate is 3.4 EH/s, representing about 1.5% market share.”

 

Stronghold Digital Mining, Inc. (NasdaqGM:SDIG) has shared its first quarter financial results as well as an operational update. Highlights include the mining of 438 Bitcoin, achieving an average hash rate of 0.9 exahash per second (EH/s), and the receipt of approximately 25,900 miners with total hash rate capacity of approximately 2.4 EH/s. Greg Beard, co-chairman and CEO of the company, said:

 

“Since we reported FY 2021 earnings on March 29, 2022, we believe that we have made significant progress on enhancing our operations, and we are executing on our goal of exceeding 4 EH/s by the end of the year. Earlier in the year, Stronghold chose to de-emphasize growth to focus on capital discipline and financial flexibility, and recent operational and financial initiatives, including our recent issuance of the Notes, have helped de-risk our funding needs, despite recent volatility in cryptocurrency markets.”

 

Sam Mowers, Investorideas

 

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

 

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 Investorideas.com podcasts are also available on Apple Podcasts ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts  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/ 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

 

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Contact Investorideas.com

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

 

NFT Market Needs Rejuvenation to Match Supply Increase: Huobi Research Institute Report

NFT Market Needs Rejuvenation to Match Supply Increase: Huobi Research Institute Report