Crypto Corner Podcast 632: Stocks discussed: (OTC: SFTBY) (CSE: BIGG) (NYSE: V)
Point Roberts, WA and Delta, BC - July 15, 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:
Crypto Corner Podcast 632: Stocks discussed: (OTC: SFTBY) (CSE: BIGG) (NYSE :V)
Revolut Raises $800M in SoftBank-Led Funding Round, BIGG Hires Adelaide for Investor Relations, Visa Approves CryptoSpend Bitcoin Debit Card in Australia, DOGE Co-Creator Criticizes Crypto in Twitter Thread
CNBC reports that British fintech firm Revolut, which has an app featuring cryptocurrency investment, has raised $800 million in a new funding round led by SoftBank (OTC:SFTBY) and U.S. hedge fund Tiger Global. Now valued at $33 billion, a 6x increase over last year, Revolut is now the second-largest fintech unicorn in Europe behind Klarna. According to the report, "Revolut will use the money to invest in marketing, product development and international expansion."
Online crypto brokerage BIGG Digital Assets Inc. (CSE:BIGG) has hired investor relations and capital markets advisory firm Adelaide to provide its investor relations and consulting services. BIGG's CEO, Mark Binns, said:
"BIGG is very pleased to have Adelaide join our team, to introduce BIGG's story to a broader range of shareholders in Canada and the US. We have had excellent results working with Adelaide in the past via webinars, and are excited to have them lead our investor relations strategy and communications at this time. BIGG is working towards a number of exciting catalysts, and having Adelaide join now to help get our message out is well timed."
Cointelegraph reports that Visa (NYSE:V) is approving the issuance of a new Bitcoin (BTC) debit card from Sydney-based crypto app CryptoSpend in Australia. Aimed for launch in September, the card will allow users to spend a variety of cryptocurrencies custodied by BitGo. CryptoSpend co-founder Andrew Grech explained the card's use as an alternative to selling on an exchange:
"Spending it directly is a more convenient way of selling it. If the market is green, someone could say it's time to spend some of my profits. On the other side of the fence, another person might say it's going to keep going up, I'll hold onto it. But we have seen more spending volume when the price is going up."
After years of studying it, I believe that cryptocurrency is an inherently right-wing, hyper-capitalistic technology built primarily to amplify the wealth of its proponents through a combination of tax avoidance, diminished regulatory oversight and artificially enforced scarcity.
Despite claims of "decentralization", the cryptocurrency industry is controlled by a powerful cartel of wealthy figures who, with time, have evolved to incorporate many of the same institutions tied to the existing centralized financial system they supposedly set out to replace.
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 Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors. Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea's original branded content includes podcasts and columns: Crypto Corner, Play by Play sports and stock news, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast, Cleantech and Climate Change, Exploring Mining, Betting on Gaming Stocks Podcast and the AI Eye Podcast.
The Investorideas.com podcasts are also available on iTunes (Apple Podcasts), Audible, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Play Music and most audio platforms available.
Visit the Podcast page at Investorideas.com:
Disclaimer/Disclosure: Investorideas.com 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: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com 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 Investorideas.com content brand
Follow us on Twitter https://twitter.com/Investorideas
Follow us on Facebook https://www.facebook.com/Investorideas
Follow us on YouTube https://www.youtube.com/c/Investorideas
Download our Mobile App for iPhone and Android