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Crypto Corner Podcast 531: Stocks discussed: (NasdaqGS: $EQOS) (TSXV: $BITF.V) (CSE: $NC.C)

Bitcoin and Ether Hit New ATHs, Diginex and Itiviti Launch Access, Bitfarms Increases Mining Order, and NetCents Posts Record Monthly Transactions for January


Point Roberts, WA and Delta, BC - February 18, 2021 ( Newswire), 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.

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Crypto Corner Podcast 531: Stocks discussed: (NasdaqGS: $EQOS) (TSXV: $BITF.V) (CSE: $NC.C)


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Stocks discussed: (NasdaqGS:EQOS) (TSXV:BITF) (CSE:NC)

The past 24 hours has seen the continuation of the most recent Bitcoin (BTC) rally, as it claimed another new all-time high, this time above $52K last night, according to data from CoinMarketCap. Bitcoin's peak so far is about $52,500, or nearly $1,000 higher than yesterday's all-time high. Ether (ETH) has also registered a new all-time high trading price with a peak of roughly $1,930.

Diginex Limited (NasdaqGS:EQOS), along with financial technology and service provider Itiviti, announced the launch of Access, described in the press release as "a front-to-back trading, portfolio, and risk management solution that enables the trading of cryptocurrencies and crypto derivatives across several platforms." Diginex CEO Richard Byworth commented:

"This launch provides yet another onramp for institutional adoption of Bitcoin and Digital Assets. Itiviti has a proven track record in providing market leading technology for traditional asset classes to both buy-side and sell-side institutional investors. Diginex brings many years of experience in crypto and digital assets combined with a robust approach to compliance and risk management."

Bitfarms Ltd. (TSXV:BITF) has announced an increase in its previously announced order of 3,000 MicroBT M31S+ miners by 50 percent for a new total of 4,500 miners, which "will be delivered on schedule and be in production over the next 30 days." The addition of these miners will increase the firm's operational hashrate by 35 percent from 965 PH/s to 1.3 EH/s utilizing existing infrastructure. Bitfarms Interim CEO Emiliano Grodzki said:

"MicroBT miners are well known in the industry for their superior reliability and operability, contributing 100% of our hashrate growth over the same period. We are thrilled to continue to expand our relationship with MicroBT, especially at a time when the Bitcoin mining industry is more popular than ever."

NetCents Technology Inc. (CSE:NC) has reported a record $8.2 million in transactions for the month of January of 2021, as well as an approximately 143 percent quarter-on-quarter revenue growth and 476 percent year-over-year Q1 revenue growth. NetCents Founder and CEO, Clayton Moore, said:

"We believe that this trend will only accelerate as Companies will be jumping on the bandwagon to want to be seen offering something cool or trendy. For example, Tesla announced that they will now accept Bitcoin as a form of payment for their cars. This rapid growth is really putting our team to the test as we have never had to onboard as many merchants in a short period of time, luckily our robust systems can handle the growth and our user interface is quite intuitive."

Sam Mowers, Investorideas

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