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Crypto Corner Podcast: Cryptocurrency Stocks in the News: (NasdaqGS: COIN) (NasdaqGM: BITF) (CSE: BTC)

Coinbase's Executive Team Visits UAE to Explore Potential as Strategic Hub, Bitfarms Mines 21,000th BTC Using Renewable Hydropower, and Bluesky Announces Web3 Development with TMI Digital

 

Vancouver, Kelowna, Delta, BC - May 8, 2023 (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.

Today's podcast is sponsored by Fintech Company AppTech Payments Corp. (NasdaqCM:APCX).

Listen to today's Crypto Corner Podcast:

https://www.investorideas.com/Audio/Podcasts/2023/050823-CryptoMarket.mp3

Crypto Corner Podcast: Cryptocurrency Stocks in the News: (NasdaqGS: COIN) (NasdaqGM: BITF) (CSE: BTC)

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Stocks discussed: (NasdaqGS:COIN) (NasdaqGM:BITF) (CSE:BTC)

Coinbase (NasdaqGS:COIN) has announced in a blog post that its executive team - including CEO Brian Armstrong - are in the United Arab Emirates for a series of engagements with policymakers, regulators, partners, web3/crypto founders, and clients, to explore the region's potential to be a strategic hub for the company. According to the post, "in March of 2022, the UAE Prime Minister declared his intention to establish the UAE as a key player in the future of crypto." An excerpt from the blog post reads:

There is no doubt that UAE has the potential to be a strategic hub for Coinbase, amplifying our efforts across the world. It further serves as a particularly strategic bridge between Asia and Europe - two of our existing focus international regions to date.

Bitfarms Ltd. (NasdaqGM:BITF) has announced that it has mined its 21,000th Bitcoin (BTC) with renewable hydropower. Notably, this figure is 1/1,000 of all BTC to ever be mined. Geoff Morphy, the company's CEO, explained:

"Bitfarms recognized early on the advantages of hydropower as a renewable energy resource and its sustainable and consistent economics. Our hydropower contracts provide a low direct cost of production and deliver higher mining margins than if we prioritized exahash growth alone. Bitfarms strategic expansions into Washington state and Paraguay are similar to our initial operations in Quebec, as we take advantage of excess hydropower infrastructure that became available with the migration of heavy industry."

Bluesky Digital Assets Corp. (CSE:BTC) has initiated Web3 business development with TMI Digital to engage audiences and drive new users for its Blockchain Web Engagement Platform. This, according to the press release, will "enable Bluesky and BlueskyINTEL to establish an improved way of digital media growth and client outreach." Bluesky's CEO, Ben Gelfand, said:

"TMI's team boasts a combined 20+ years of experience in Digital Media Marketing and a strong background in Blockchain and Web3 technologies. The Company's expertise in the expanding scope of Artificial Intelligence (AI) will be harnessed to boost digital media growth and client outreach."

Sam Mowers, Investorideas

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

Podcast sponsor:

AppTech Payments Corp. (NasdaqCM:APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with immersive commerce experiences. Commerse™, its all-new, patent-backed technology platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable, cross-border digital banking, text-to-pay, crypto payments and merchant services altogether from a single, unified stack designed to increase operational efficiencies and growth for businesses while providing the economic convenience that their customers demand from today's commerce experiences. For more information, visit apptechcorp.com.

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We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders. Investor Idea's original branded content includes the Crypto Corner Podcast, Play by Play Sports Podcast, Cannabis News and Stocks on the Move Podcast, Cleantech and Climate Change Podcast, Exploring Mining Podcast, Betting on Gaming Stocks Podcast and the AI Eye Podcast. We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water.

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