#CryptoCorner #Podcast 909: #Stocks discussed: (NYSE: $BKKT) (OTC: $BFCH)
#CryptoCorner #Podcast 909: #Stocks discussed:
(NYSE: $BKKT) (OTC: $BFCH)
Commentary from BitBull Capital’s Joe DiPasquale, Bakkt Publishes
Results from Crypto Sentiment Study, and BitFrontier Reports On Mining Facility
Upgrades
Vancouver, Kelowna, Delta, BC December 13,
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.
Today’s
podcast is sponsored by Fintech Company AppTech
Payments Corp. (NasdaqCM:APCX).
The Investor ideas Crypto Corner was named one of 14 Best Crypto &
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https://www.investorideas.com/Audio/Podcasts/2022/121322-CryptoMarket.mp3
Read this in full at https://www.investorideas.com/news/2022/crypto-corner/12131BKKT-BFCH.asp
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Stocks discussed: (NYSE:BKKT) (OTC:BFCH)
Joe
DiPasquale, CEO of BitBull Capital, has provided commentary to Investorideas.com
regarding the state of Bitcoin’s (BTC) price and market:
As shared last week, we wanted to see Bitcoin maintain
the $17k threshold, which it has managed to do. However, the FOMC [Federal Open
Market Committee] on the 14th , remains a key event, preceded by the CPI
release on the 13th and the jobs report on the 15th. With these key events
coming up, volatility is expected but the bias remains to the upside and we’d
like to see $20K on the top and respect for $16K at the bottom.
As for the market pricing in a 50bps hike. We
believe it is expected by now and the price action is a result of it, but the
market could rise further upon the announcement.
For more
from Joe DiPasquale, please visit bitbullcapital.com.
Bakkt
Holdings, Inc. (NYSE:BKKT) has posted findings from its "Bi-Annual U.S. Consumer
Crypto Sentiment Study,” which looks at more than 2,000 U.S. consumers who own
crypto or are interested in crypto, along with their various sentiments
regarding crypto. According to the press release, an “additional short-term
assessment of more than 1,000 consumers after the collapse of FTX who own or
are interested in crypto was also fielded to understand the impact of the FTX
collapse on initial findings.” Notably it found that, “despite the recent FTX
collapse, future purchase consideration of crypto holds steady for both crypto
owners and crypto curious, with only a 7% decline in future consideration for
crypto owners and a surprising 2% increase for crypto curious.” Bakkt’s CEO
Gavin Michael said:
"The results of the study confirm that
cryptocurrency is increasingly appealing and not significantly impacted by the
recent failure of FTX. We do not see signals of a market exit. Regulation and
security come through as top concerns and illustrate why Bakkt’s thoughtful
approach to risk aligns with crypto owners’ values and concerns.”
BitFrontier
Capital Holdings, Inc. (OTC:BFCH) has announced that the remaining parts for its Liquid Immersion
Cooling system have been ordered from Engineered Fluids Inc., which will enable
the company’s miners to be cooled by being placed in the tanks. A quote from
the press release reads:
“Our goal is to make this first facility a state of
the art, best in class mining facility which will pay off for us and our
shareholders. In preparation for the installation of our electrical transformer
and facility cooling system, last week we removed the old warehouse structure
that was located adjacent to our mining facility. The site has been prepped and
we will have two concrete pads for the cooler & transformer poured later
this week.”
Sam Mowers, Investorideas
For
investors following the sector Investor Ideas has a comprehensive
Bitcoin, Blockchain and Digital Currency Stocks Directory
Podcast
sponsor:
AppTech Payments Corp. (NasdaqCM:APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with immersive commerce experiences. Commerse™, its all-new, patent-backed technology platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable, cross-border digital banking, text-to-pay, crypto payments and merchant services altogether from a single, unified stack designed to increase operational efficiencies and growth for businesses while providing the economic convenience that their customers demand from today’s commerce experiences. For more information, visit apptechcorp.com.
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