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Crypto Corner Podcast 582: Stocks discussed: (NYSE: $BAC) (CSE: $INTL.C) (TSXV: $BKMT.V)

Ethereum Hits ATH, Bitcoin Surges, Intellabridge Launches Corporate Partners Program for Kash, and Blockmint Releases Upgraded Version of Minter Crypto Browser

 

Point Roberts, WA and Delta, BC - May 3, 2021 (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.

Listen to today's Crypto Corner Podcast:

https://www.investorideas.com/Audio/Podcasts/2021/050321-CryptoMarket.mp3

Crypto Corner Podcast 582: Stocks discussed: (NYSE: $BAC) (CSE: $INTL.C) (TSXV: $BKMT.V)

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Stocks discussed: (NYSE:BAC) (CSE:INTL) (TSXV:BKMT)

Ethereum (ETH), following a steady incline in the past week, is now trading for roughly $3,140, after having reached a record high of $3,200 earlier in the day, according to data from CoinMarketCap. As the native cryptocurrency of the Ethereum blockchain, Ether is the second-largest crypto by market cap, and currently sits at about $363 billion USD. As such, Ethereum is worth more, as a report from CoinDesk indicates, than Bank of America (NYSE:BAC), the largest U.S. bank. A further excerpt from that same CoinDesk article provides some insight as to what is driving Ethereum's recent growth:

The daily transaction count has increased by 22% to 1.376 million this year, per data provided by Glassnode. The Ethereum network settled $1.5 million in transactions in the first quarter alone, more than the combined tally of the previous seven quarters.

Bitcoin (BTC) has also seen some impressive, albeit more erratic, growth over the past week, and is currently trading for about $58,100. It quite nearly reached $59,000, coming just short, earlier today, as it appears to move closer to challenging its all-time high trading price of $64,863, reached on April 14 this year.

Fintech blockchain firm Intellabridge Technology Corp. (CSE:INTL) has launched a Corporate Partners Program for its Kash decentralized banking platform. This is described in the press release as "a business development and marketing program offering a white label solution for businesses which want to complement their existing services with decentralized banking solutions to better serve their customers." John Eagleton, CEO of Intellabridge, commented:

"It's a great way for companies to have a turnkey DeFi banking solution for their customers to provide them with better financial services, value transfer, instant settlement, lower cost and higher savings rates. We are currently in discussions with potential white label partners who already have several million customers which can accelerate the adoption of Kash and the Terra ecosystem, especially for the unbanked in emerging markets."

Blockmint Technologies Inc. (TSXV:BKMT) has released an upgraded version of its Minter Crypto Browser, allowing users to exchange their earned cryptocurrency for a fractional ownership in a non-fungible token (NFT) from BlockMint's NFT portfolio. The company's CEO, Nelson Ijih, said:

"This is our most important and innovative Minter version release to date and another first for BlockMint. The new Minter browser allows users to exchange their earned crypto for either fractional NFT interests or carbon offset credits. BlockMint continues to lead the industry in crypto browser innovation and product firsts. We expect to continue the trend with additional product features in the coming months."

Sam Mowers, Investorideas

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