#CryptoCorner #Podcast 852: #Stocks discussed: (NYSE: $MA) (CSE: $GBLC.C) (NasdaqCM: $MARA)

 

 

 

#CryptoCorner #Podcast 852: #Stocks discussed: (NYSE: $MA) (CSE: $GBLC.C) (NasdaqCM: $MARA)

 

Mastercard to Allow NFT Purchases Directly with Card, Niftable Announces Partnership with Station Gallery, and Marathon Posts May Update

 

Vancouver, Kelowna, Delta, BC June 10, 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.

 

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Stocks discussed: (NYSE:MA) (CSE:GBLC) (NasdaqCM:MARA)

 

Cointelegraph reports that Mastercard (NYSE:MA) is enabling card payments for NFTs, having “partnered with a number of leading NFT marketplaces to allow 2.9 billion cardholders to directly make NFT purchases without buying crypto first.” Previously, users were able to first buy crypto so as to bid on and buy NFTs, but after partnering with NFT marketplaces including: Immutable X, Candy Digital, The Sandbox , Mintable, Spring, Nifty Gateway and Web3 infrastructure provider MoonPay, company cardholders can “directly make NFT purchases without buying crypto first.” A statement from the payment processing giant reads:

 

“These integrations are designed to make crypto more accessible and help the NFT ecosystem keep growing, innovating and bringing in more fans.”

 

On the subject of NFTs, Niftable, the wholly-owned subsidiary of Graph Blockchain Inc. (CSE:GBLC), has announced a partnership agreement with Whitby Arts Inc. (o/a "Station Gallery") and will aid the latter in the creation of NFTs, advise on the marketing strategy, sale of the NFTs and post-sale of the NFTs. Michael Yeung, President of Niftable, said:

 

“We are extremely happy to have Station Gallery as a partner and help guide them through the NFT world. We continue to hold that NFTs are a new venue for charities to access for fundraising. Furthermore, we look forward to showcasing some of the artists and artwork from Station Gallery this summer.”

 

Marathon Digital Holdings, Inc. (NasdaqCM:MARA) has published its unaudited Bitcoin (BTC) production and miner installation updates for May 2022. Highlights include the production of 268 self-mined Bitcoin – bringing total holdings to 9,941 BTC, a total of 19,000 miners installed and awaiting energization, and a current operating mining fleet total of 36,830 active miners producing approximately 3.9 EH/s. Management commentary from the press release reads:

 

“We remain confident that Marathon is well positioned to achieve its performance goals, and we will continue to provide updates as they materialize. We have a strong foundation from which to build, we have a solid pipeline of potential hosting and power arrangements that exceeds our needs and allows us to diversify our operations, and we have a strong balance sheet to support our growth plans. We look forward to continuing to execute on our strategy of achieving carbon neutrality by the end of this year and growing to 23.3 EH/s in early 2023.”

 

Sam Mowers, Investorideas

 

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