Call 800 665 0411 to learn about our services for your stock

Search   Follow Investorideas on Twitter   Investorideas is on Facebook   Investorideas is on Youtube   Investorideas is on Pinterest  Investorideas is on stocktwits   Investorideas is on tumblr   Investorideas is on LinkedIn   Investorideas Instagram   Investorideas Telegram   Investorideas Gettr   Investorideas RSS

Share on StockTwits

Crypto Corner Podcast 576: Stocks discussed: (TSXV: $BITF.V) (NasdaqGS: $COIN)

Bitcoin Crashes Following Biden Tax Plan Sell-Off, Bitfarms Partners with Foundry Digital, and Coinbase Hires Former Google Pay Exec for India Operations


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

Listen to today's Crypto Corner Podcast:

Crypto Corner Podcast 576: Stocks discussed: (TSXV: $BITF.V) (NasdaqGS: $COIN)


Get the Crypto Corner Podcast on iTunes

Get the Crypto corner on Spotify

Stocks discussed: (TSXV:BITF) (NasdaqGS:COIN)

Bitcoin (BTC) is down 10 percent in the past 24 hours (nearly 20 in the past week), according to data from CoinMarketCap, following a dramatic sell-off that started yesterday. An article from CoinDesk cites U.S. President Biden's "proposed tax hike for capital gains on those earning above $1,000,000," as probably being a major cause of the sell-off. Oliver von Landsberg-Sadie, CEO of BCB Group, told CoinDesk, however:

"While the shock may be sustained in stock markets, the nature of cryptocurrency will see straight through this dip. The difference between cryptocurrency and any other market is that we're seeing more and more large-scale crypto buyers who simply have no intent on exiting the position."

At press time, Bitcoin is trading for roughly $49,400, and Ether (ETH), which reached an all-time high trading price of $2,641 just yesterday, is now trading for about $2,265.

Bitfarms Ltd. (TSXV:BITF) has partnered with Digital Currency Group (DCG) subsidiary Foundry Digital LLC, and announced Bitfarms' purchase of 2,465 Whatsminer M30S Bitcoin mining machines through Foundry's services. This has increased Bitfarms' operating hashrate by 133 PH/s. Emiliano Grodzki, CEO of Bitfarms, commented:

"We are excited to partner with an industry-leading provider of equipment financing to secure timely and reliable access to the latest generation of Bitcoin mining machines, and to continue to grow our business."

Coinbase (NasdaqGS:COIN) has hired Pankaj Gupta, a former Google Pay exec, as VP of Engineering and Site lead for India. In a blog post on the subject, Gupta explained:

Specifically, the plan is to hire hundreds of employees across all levels in engineering, product management, UX design, research and program management within the next 1-2 years to build out a full tech hub in India. Together, we'll work on some of the most interesting challenges spanning the full modern tech stack - including deep tech areas like blockchains, data engineering, infrastructure, machine learning and more.

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.

About - News that Inspires Big Investing Ideas 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 podcasts are also available on iTunes (Apple Podcasts), Audible, Spotify, Tunein, Stitcher,, iHeartRadio, Google Play Music and most audio platforms available.

Visit the Podcast page at

Disclaimer/Disclosure: 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: Learn more about publishing your news release and our other news services on the newswire and

Global investors must adhere to regulations of each country. Please read privacy policy:

Cryptocurrency Disclaimer news content is not meant to be a solicitation to buy or sell cryptocurrencies and 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 content brand

Follow us on Twitter

Follow us on Facebook

Follow us on YouTube

Download our Mobile App for iPhone and Android



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