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Crypto Corner Podcast 649: Stocks discussed: (NasdaqGS: PYPL) (NYSE: V) (NYSE: MA) (OTC: ARBKF) (CSE: BTC)

Alchemy Pay to Launch Virtual Crypto-Linked Cards, Argo Blockchain Reports H1 2021 Results, and Bluesky Announces 2021 ETH Mining Results

 

Point Roberts, WA and Delta, BC - August 9, 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/2021/080921-CryptoMarket.mp3

Crypto Corner Podcast 649: Stocks discussed: (NasdaqGS: PYPL) (NYSE: V) (NYSE: MA) (OTC: ARBKF) (CSE: BTC)

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Stocks discussed: (NasdaqGS:PYPL) (NYSE:V) (NYSE:MA) (OTC:ARBKF) (CSE:BTC)

Crypto-fiat hybrid payment solutions provider Alchemy Pay has announced that it will be "launching Virtual Crypto-Linked Cards to accelerate the adoption of cryptocurrencies in the payment sector." The cards will be able to be linked to digital wallets, including Google Pay and PayPal (NasdaqGS:PYPL), and according to the press release, "will be accepted across millions of merchants on the Visa (NYSE:V) and Mastercard (NYSE:MA) network."

This follows news last week that Binance, the world's largest crypto exchange, had partnered with Alchemy Pay to "build a payment bridge between crypto and fiat through the Binance Pay wallet." Alchemy Pay's CEO, John Tan, had commented:

"Alchemy Pay was founded in 2018 by a team of fiat payment gateway veterans with a shared vision to build a practical bridge between fiat and crypto. When we started, the total value of the cryptocurrency market was less than a tenth of a percent of what it is today. Electronic payments outside of the $80 trillion fiat economy were virtually unknown to the world.

Alchemy Pay's partnership with Binance for the Binance Pay wallet significantly expands the practical backbone applications we build between the crypto and fiat worlds"

Argo Blockchain (OTC:ARBKF) has reported results for its six months ended June 30, 2021. Highlights include a 180 percent increase in revenues to £31.1 million ($43 million USD), and a total number of 883 Bitcoin (BTC) and Bitcoin Equivalent mined in the period. CEO and Interim Chairman of Argo, Peter Wall, said:

"We have capitalised on a change in market conditions in the first half of 2021 to deliver strong growth in both revenues and profits, demonstrating that our smart growth strategy is delivering value to shareholders."

Bluesky Digital Assets Corp. (CSE:BTC) has announced that it has mined 390.1549 Ether (ETH) this calendar year as of August 8. The company's CEO, Ben Gelfand, said:

"We have always strategically positioned to maintain a differentiated approach in our mining efforts and with the acquisition and move to production of our new Pandaminers, we have reached a significant milestone in our overall mining efforts as we continue to deploy additional mixed mining assets with our signature staged approach for the growth of our business."

Sam Mowers, Investorideas

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