Investorideas.com

Get great ideas from our AI, cannabis, cleantech, crypto, esports and mining podcasts - be a guest or sponsor : 800 665 0411


Share on StockTwits

Crypto Corner Podcast 494: Stocks discussed: (OTC: $GBTC) (NasdaqGS: $BTBT) (OTCQB: $INTV)

Grayscale Adds Over 12K BTC to Bitcoin Trust in One Day, SkyBridge Capital Launches Bitcoin Fund, Bit Digital Reports Q3 Financials, and Coinbase to Expand with Operations in Canada

 

Point Roberts, WA and Delta, BC - December 23, 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.

Listen to today's Crypto Corner Podcast:

https://www.investorideas.com/Audio/Podcasts/2020/1223120-CryptoMarket.mp3

Crypto Corner Podcast 494: Stocks discussed: (OTC: $GBTC) (NasdaqGS: $BTBT) (OTCQB: $INTV)

SHARE PODCAST:

Get the Crypto Corner Podcast on iTunes

Get the Crypto corner on Spotify

Stocks discussed: (OTC:GBTC) (NasdaqGS:BTBT)

Bitcoin (BTC) took somewhat of a plunge earlier this morning, falling from a trading price of about $23,700 to as low as about $23,000, according to data from CoinMarketCap. This only lasted for about an hour, however, before it raced back up to nearly $24,000 in the space of another hour, roughly, and is trading for about $23,775 at press time.

Meanwhile, Cointelegraph reports that yesterday Grayscale added 12,319 BTC ($284.5 million) to its Grayscale Bitcoin Trust (OTC:GBTC), an amount that exceeds the 11,512 BTC ($266.1 million) it added in the whole of last week. And elsewhere Yahoo Finance reports that SkyBridge Capital, an investment firm founded by Anthony Scaramucci, has launched its own Bitcoin fund with an investment of $25 million. The fund will open to investors on Jan. 4 "with a minimum subscription size of $50,000." Scaramucci said:

"So, we think there's a very large move for Bitcoin over the next five to ten years. We think it's a product that people will have in their portfolios, and we wanted to get out there with something that could be available to RIAs, the mass affluent, and people who have an interest in owning some digital assets."

Crypto miner Bit Digital, Inc. (NasdaqGS:BTBT) has announced its unaudited financial results for the third quarter ended September 30, 2020. Financial highlights from the third quarter include revenue of $7.91 million from bitcoin mining business, 739.51 bitcoins earned, and a net income from continuing operations of $0.10 million (compared to a net loss of $1.79 million in Q3 2019).

Crypto exchange giant Coinbase announced in a blog post yesterday that it is "establishing operations in Canada for the first time," as part of its continuing international expansion. An excerpt from the blog post reads:

As we announced earlier this year, Coinbase is committed to being a remote-first company, which means that new hires in Canada and elsewhere will have the option to work anywhere in their country of hire. We expect to open a physical office for Canadian employees later in 2021, as COVID-related conditions allow.

Coinbase also filed preliminary documents with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO), as reported in Crypto Corner last week.

Sam Mowers, Investorideas

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

Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood, Acorn, Stash and others.

Crypto Corner Podcast sponsor

Integrated Ventures (OTCQB: INTV) is focused on acquiring, launching and operating assets in the cryptocurrency sector.

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea's original branded content includes the following podcasts and columns: Crypto Corner, Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change, Exploring Mining the AI Eye.

The Crypto Corner is part of the Investor Ideas Membership content

The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

https://www.investorideas.com/Audio/

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

Disclosure: INTV is a featured monthly crypto stock on Investorideas.com

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Cryptocurrency Disclaimer

Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

Copyright and ownership: Crypto Corner is an Investorideas.com content brand

Follow us on Twitter https://twitter.com/Investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

Download our Mobile App for iPhone and Android

Contact Investorideas.com

800-665-0411


Get more Bitcoin and Blockchain Investor ideas - news, articles, podcasts and stock directories