Monday, August 17, 2020

#CryptoCorner Episode 439: BTC Suddenly Breaks $12K, Grayscale’s BCH and LTC Trusts Receive DTC Eligibility, ING (NYSE: $ING) & Rolls-Royce Among Companies to Join #Blockchain Education Alliance, and Gemini Adds Support for HKD, CAD, AUD

#CryptoCorner Episode 439: BTC Suddenly Breaks $12K, Grayscale’s BCH and LTC Trusts Receive DTC Eligibility, ING (NYSE: $ING) & Rolls-Royce Among Companies to Join #Blockchain Education Alliance, and Gemini Adds Support for HKD, CAD, AUD

 


Point Roberts, WA, Delta BC August 17, 2020 - 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/2020/081720-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2020/crypto-corner/08171BTC-BCH-LTC-DTC.asp

 

Get the Crypto Corner Podcast on iTunes

Get the Crypto corner on Spotify

 

Stocks discussed: (NYSE:ING) (NYSE:BUD)

 

Bitcoin (BTC), after hovering around $11,800 to $11,900 for the better part of this past weekend, has just rocketed to a trading price of about $12,150 at press time, according to data from CoinMarketCap. Given that this sudden rally took place in less than an hour, it is unclear how stable a gain it will prove to be. In any case, however, this makes for the highest trading price seen in 13 months.

 

Digital currency asset manager Grayscale Investments has today announced that Grayscale Bitcoin Cash Trust and Grayscale Litecoin Trust have received DTC-eligibility, and that eligible shares of the former will be available to trade on OTC Markets under the symbol: BCHG, and the latter under the symbol: LTCN. This follows last week’s debut of the company’s new advertising campaign, and in particular its History of Money television commercial. Tweeting about the response to the ad, Grayscale CEO Barry Silbert, said:

 

“Thrilled to share that @Grayscale had our largest fundraising week EVER...$217 million invested into the Grayscale funds. Guess you liked the commercial!”

 

Cointelegraph reports that several companies, including Dutch multinational banking and financial services corporation ING Group (NYSE:ING), Anheuser-Busch InBev (NYSE:BUD), and Rolls-Royce, have joined the Blockchain Education Alliance. The Alliance, according to the report, aims to support education “to ensure students receive the skills, connections, and knowledge necessary to contribute to the blockchain ecosystem.” Ashlie Meredith, the head of education for MouseBelt Blockchain Accelerator – the firm that launched the Alliance – told Cointelegraph:

 

“In a time when many students will not be returning to campus, increasing opportunities for educational experiences, jobs and internships is of utmost importance.”

 

Crypto exchange giant Gemini has today announced trading support for the Hong Kong dollar (HKD), Australian dollar (AUD), and Canadian dollar (CAD) on its platform. An excerpt from the announcement reads:

 

Our expansion into new currency offerings is another step forward in our mission to empower individuals around the world through crypto. Stay tuned for more updates on new international currency offerings coming soon.

 

Sam Mowers, Investorideas

 

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

 

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

 

The Crypto Corner is part of the Investor Ideas Membership content

 

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

 

Visit the Podcast page at Investorideas.com: https://www.investorideas.com/Audio/

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

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

Cryptocurrency Disclaimer

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  

 

Join our Investor Club https://www.investorideas.com/membership/

 

Contact Investorideas.com

800-665-0411

 

 


Get more Bitcoin and Blockchain Investor ideas  – news, articles, podcasts and stock directories 

 

 

 

 

 

 

No comments: