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Crypto Corner Podcast 562: Stocks discussed: (NasdaqGS: $EBON) (NasdaqGS: $MARA) (CSE: $DIGI.C)

Ebang Launches Crypto Exchange, Marathon and DigiMax Global Publish Q1 Results, and Crypto Space Sees Higher Funding in Q1 than Whole of 2020


Point Roberts, WA and Delta, BC - April 5, 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 562: Stocks discussed: (NasdaqGS: $EBON) (NasdaqGS: $MARA) (CSE: $DIGI.C)


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Stocks discussed: (NasdaqGS:EBON) (NasdaqGS:MARA) (CSE:DIGI)

Ebang International Holdings Inc. (NasdaqGS:EBON) has announced the launch of its crypto exchange, allowing qualified investors to register and trade. The company's Chairman and CEO, Dong Hu, explained:

"The official launch of our cryptocurrency exchange is the result of our continuing investment in research and development. In recent years we have made a considerable investment in R&D talent recruiting, as well as product innovation and iteration. The launch of our cryptocurrency exchange business will not only expand the revenue sources from our cryptocurrency business, but also optimize the development of our blockchain industry chain."

Marathon Digital Holdings, Inc. (NasdaqGS:MARA) has published its unaudited Bitcoin (BTC) production and miner installation updates for the first quarter, ended March 31, 2021. Highlights include the production of 196 newly-minted bitcoins, bringing total holdings to 5,134.2, and the establishment of an active mining fleet consisting of 6,800 miners generating approximately 0.71 EH/s. Merrick Okamoto, Marathon's Chairman and CEO, said:

"Given Bitcoin's current price and the clear path we are on to scale Marathon into one of the largest enterprise Bitcoin mining operations in North America, we believe we are well positioned to continue executing on our strategy throughout 2021."

DigiCrypts Blockchain Solutions Inc. (CSE:DIGI), o/a DigiMax Global Solutions, has released a corporate review for Q1 and an outlook for the company in Q2. Some highlights from the previous quarter include the completion of an oversubscribed $5,000,000 private placement, as well as the completion of $13,200,000 in financing. The company's CTO, Thierry Hubert, commented:

"I firmly believe that blockchain for cryptocurrency and artificial intelligence are the most significant innovations the world has seen since the advent of the Internet. It brings to life a transformative social contract that opens new and unforeseen opportunities. The estimated 64 million crypto-wallets in existence are demonstrative of such a decentralized, yet coordinated, empowerment. Here is where our evolving AI-powered solution offers new and savvy investors timely price-trend predictions by helping them gain confidence and a competitive edge with their investing."

A report from Bloomberg indicates that the first quarter of 2021 saw more funding for crypto firms than the whole of 2020. According to the piece, 129 blockchain startups "raised about $2.6 billion," whereas in 2020 the space drew $2.3 billion in 341 deals. This has coincided with Bitcoin hitting record-high trading prices and unprecedented institutional investment into the space.

Sam Mowers, Investorideas

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