Point Roberts, WA and Delta, BC – January 6, 2021 (Investorideas.com Newswire) 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 was sponsored by Integrated Ventures (OTCQB: INTV) , a company focused on acquiring, launching and operating assets in the cryptocurrency sector.
Listen to today’s Crypto Corner Podcast:
Crypto Corner Podcast Episode 502: Stocks discussed: (OTC: $TGONF) (NYSE: $IGT) (TSXV: $BNXA.V) (OTCQB: $INTV)
Stocks discussed: (OTC:TGONF) (NYSE:IGT) (TSXV:BNXA)
Bitcoin (BTC) scored yet another all-time high last night, climbing to a peak of roughly $36,350, according to data from CoinMarketCap. It was short-lived, however, and after about an hour above $36K it returned to around $34,000, where it has remained ever since (trading for $34,800 at press time). A recent article from NEWSBTC attributes this recent growth to bearish sentiment toward the US dollar, resulting from a Democratic Party win in the Georgia Senate election. An excerpt reads:
Investors believe that would pave the [way] for Democrats to pass more fiscal packages, beginning with a recent proposal of aiding Americans with a $2,000 stimulus check. Bitcoin traders treat federal and government spending as bearish for the dollar and bullish for their crypto holdings, citing scarcity.
Ripple’s woes continue as investment firm Tetragon Financial Group Limited (OTC:TGONF) has sued the former to “enforce its contractual right to require Ripple to redeem” Series C preferred stock held by Tetragon and to block Ripple from using any cash or other liquid assets until the payment is made,” according to an article from Bloomberg. Ripple commented:
“We are disappointed that Tetragon is seeking to unfairly take advantage of the lack of regulatory clarity here in the U.S. The courts will provide this clarity and we are very confident in our position.”
CoinDesk reports that gambling tech giant International Game Technology plc’s (NYSE:IGT) newly-awarded patent could allow for crypto-holding gamblers to pay for their bets with Bitcoin, Bitcoin Cash (BCH), and Ether (ETH). According to the report, “users of IGT’s method [outlined in the patent] would be able to transfer cryptocurrency into their gaming accounts as a means of payment. There, the crypto would convert to fiat currency after payment of a fee.”
BANXA (TSXV:BNXA), a Payment Service Provider “focused on providing clients safe, compliant access to the digital assets market,” went public today. The company’s Founder & Chairman, Domenic Carosa, said:
“It is a significant milestone to list on the TSX Venture Exchange. While 2020 and the uncertainty of COVID has been challenging to many businesses, it has also been a period of substantial growth for us. This listing is in line with our core belief that regulation and transparency provides clarity for stakeholders. Our customers want a safe, reliable partner who can give them access to the digital asset market and we provide that to them. We look forward to a successful 2021 and this listing is another step along that path.”
Sam Mowers, Investorideas
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Crypto Corner Podcast sponsor
Integrated Ventures (OTCQB: INTV) is focused on acquiring, launching and operating assets in the cryptocurrency sector.
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