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Crypto Corner Podcast 618: Stocks discussed: (NYSE: COIN) (NasdaqGS: BTBT) (CSE: LNK)

Coinbase Registers to Enter Japanese Market, Bit Digital Signs Crypto Climate Accord, Link Global Enters Strategic Agreement with Mission World Group and GSV Futures, and 40% of Australians Intend to Buy Crypto in 2021

 

Point Roberts, WA and Delta, BC - June 24, 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/2021/062421-CryptoMarket.mp3

Crypto Corner Podcast 618: Stocks discussed: (NYSE: COIN) (NasdaqGS: BTBT) (CSE: LNK)

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Stocks discussed: (NYSE:COIN) (NasdaqGS:BTBT) (CSE:LNK)

CoinDesk reports that crypto exchange giant Coinbase (NasdaqGS:COIN) recently registered with Japan's financial watchdog, the Financial Services Agency (FSA), thereby entering that country's market. This has been in the making for years now, with Coinbase having previously become a member, in March 2020, of the Japan Virtual Currency Exchange Association, a self-regulatory organization approved by the FSA.

Bit Digital, Inc. (NasdaqGS:BTBT) has signed the Crypto Climate Accord (CCA), a private sector-led initiative to decarbonize the crypto and blockchain sector. Bryan Bullett, CEO of Bit Digital, commented:

"To date, Bit Digital has taken major steps to ensure sustainability of our mining operations, and by signing the CCA we have emphasized our commitment to decarbonization. As of our most recent quarterly reporting, our fleet was running on a majority carbon-free power. We also participate in sustainability initiatives such as a previously announced demand-response energy curtailment program. Going forward, we intend to expand our use of clean power as we scale."

Link Global Technologies Inc. (CSE:LNK) has entered into a strategic co-mining agreement with North American cryptocurrency mining company Mission World Group and its subsidiary GSV Futures Inc. The agreement will see Link Global "provide certain premises to GSV for the purpose of the operation of 3,000 Bitcoin mining units and the Company will also provide services to maintain the Premises for a term of three years." Stephen Jenkins, Link Global's President and CEO, said:

"This is an exciting time for Link. We are very happy to have a quality private company join forces with us to co-develop and partner with us to operate this significant amount of machines. We look at this as another opportunity for Link to work with mining companies that are looking to rapidly increase their locations for processing blockchain solutions."

Recent survey data from Savvy, a national financial institution based in Adelaide, Australia, indicates that 40 percent of Australians are "likely to buy cryptocurrency in 2021." An excerpt from the survey explains:

While 59.5% of Australians are unlikely to invest in Cryptocurrency throughout 2021, the remainder of 40.5% respondents answered in the affirmative, stating that they were "Likely", "Very Likely", or "Extremely Likely" to buy digital currencies throughout the same period.

The data also indicates that 17.3 percent of Australians already own or have owned some form of cryptocurrency.

Sam Mowers, Investorideas

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