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Crypto Corner Podcast 491: Stocks discussed: (NasdaqGS: $EQOS) (OTCQB: $INTV)

Altcoins Follow, Coinbase Files for IPO, Diginex Outlines Strategic Roadmap

 

Point Roberts, WA and Delta, BC - December 18, 2020 (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.

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https://www.investorideas.com/Audio/Podcasts/2020/121820-CryptoMarket.mp3

Crypto Corner Podcast 491: Stocks discussed: (NasdaqGS: $EQOS) (OTCQB: $INTV)

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Stocks discussed: (NasdaqGS:EQOS)

Bitcoin (BTC) has continued its most recent rally, which began on Wednesday when it rocketed past $20,000 and established a new all-time high trading price. Since then, it moved higher to a peak of about $23,600 yesterday, and is trading for around $22,400 at press time, according to data from CoinMarketCap. Major altcoins, including Ether (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) also saw rallies, with growth in the past seven days of 15, 42, and 18 percent, respectively. This is, of course, more than a little resemblant of Bitcoin's last all-time high three years ago back in December 2017, which was followed by a major crash in the early weeks of January 2018. But while it's certainly possible for history to repeat itself, Quantum Economics founder Mati Greenspan - quoted in a Cointelegraph article - opined that Bitcoin's growth is just beginning:

"In our opinion, things are just getting started. We probably shouldn't be using any old yardsticks when it comes to determining what kinds of percentage gains are possible. Should demand continue to pick up from these levels and supply continue to constrain, there is a distinct possibility that we may see some days of 250% gains, or even more."

He went on to say:

"Now that we're past the prior all-time highs, there are no levels left on the chart that might indicate where the price might eventually top out. It will top out at some point though. You can be sure of that."

Crypto exchange giant Coinbase has filed preliminary documents with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO), according to an official blog post yesterday. Crypto database and research site Messari finds that the company could be worth $28 billion. Messari's Mira Christanto tweeted:

"Crypto and equity markets valuations have traded independently. This listing is important even for Token valuations as Coinbase will provide a valuation anchor -- not only for future equity listings -- but also for crypto-native exchange tokens."

Diginex Limited (NasdaqGS:EQOS) outlined its strategic roadmap to "make digital assets more accessible for institutions and individuals," at the 13th Annual LD Micro Main Event on Tuesday, December 15th. Diginex CEO Richard Byworth said:

"EQUOS is differentiated from many other exchanges in that it focuses on solving many of the infrastructure and product issues that current traders are dealing with on incumbent platforms. As we roll out a much-improved version of the perpetual futures product, this is just the beginning of our roadmap around the derivative product set. Having one of the world's leading custodians in this space, we are also able to provide our institutional clients with the foundational piece towards a full prime brokerage offering or a private bank-like experience for retail. 2021 is set to be a huge year for Bitcoin, the industry, and Diginex."

Sam Mowers, Investorideas

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

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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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