#CryptoCorner #Podcast 911: #Stocks discussed: (OTC: $VYGVQ) (TSXV: $LQWD.V)
#CryptoCorner
#Podcast 911: #Stocks discussed: (OTC: $VYGVQ) (TSXV: $LQWD.V)
Voyager Digital to
be Acquired by Binance.US, LQwD FinTech Releases Lightning Network Update, and
Crypto ATM Market to Reach $5.45B by 2030
Vancouver, Kelowna, Delta, BC December
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.
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 &
Blockchain Podcasts for Jun 2022: https://www.yoreoyster.com/blog/best-crypto-podcasts/
Listen to today’s Crypto Corner Podcast:
https://www.investorideas.com/Audio/Podcasts/2022/121922-CryptoMarket.mp3
Read this in full at https://www.investorideas.com/news/2022/crypto-corner/12191VYGVQ-LQWD.asp
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Stocks
discussed: (OTC:VYGVQ) (TSXV:LQWD)
Voyager Digital Ltd. (OTC:VYGVQ) has announced an agreement wherein Binance.US (BAM
Trading Services Inc.) will acquire its assets. Binance.US is headquartered in
Palo Alto, California, and is an independent legal entity and has a licensing
agreement with Binance.com. According to the press release, the bid from
Binance.US “is valued at approximately $1.022 billion,” and comprises the fair
market value of Voyager's cryptocurrency portfolio at a to-be-determined date
in the future, which at current market prices is estimated to be $1.002
billion, plus additional consideration equal to $20 million of incremental
value.
LQwD FinTech Corp. (TSXV:LQWD) has released a new and updated version of
lqwd.tech, the company's “proprietary, non-custodial Lightning Network Software
as a Service platform (SaaS),” making it easier for institutions, businesses,
and users, to integrate and use the Lightning Network, which facilitates faster
Bitcoin (BTC) transactions. The company’s CEO, Shone
Anstey, said:
"We
are very excited for the release of the updated version of our Lightning
Network platform, lqwd.tech. We have learned a lot and made vast improvements
to the platform and LQwD as a company has become a key player on the Lightning
Network through its global routing nodes and our easy to use platform."
A report published by Grand View Research finds that the global
market for Crypto ATMs is projected to grow from $75 million USD in 2021 to
about $5.45 billion by 2030, registering a compound annual growth rate (CAGR)
of 61.7 percent in the forecast period 2022-30. This growth is attributed to:
the increasing installation of crypto ATMs across the globe, investments from
venture capital firms, the legalization of cryptocurrency across several
countries, and the general growth in popularity of cryptocurrencies. An excerpt
from the report’s summary reads:
According
to Chainalysis 2022 Global Crypto Adoption Index, users from lower-middle and
upper-middle-income countries, including Vietnam, Philippines, Thailand, and
Brazil, among others utilize cryptocurrency for various purposes such as
sending remittances and preserving savings in times of fiat currency
volatility, among others. The crypto ATMs supporting the remittance and
cryptocurrency purchase options allow users to utilize crypto ATMs for
processing remittances and purchasing cryptocurrency.
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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