Friday, December 04, 2020

#CryptoCorner #Podcast Episode 485: NetCents (CSE: $NC.C) Developing NFT Platform and Spotify (NYSE: $SPOT) Advertises Job Listing with #Crypto Duties

#CryptoCorner #Podcast Episode 485: NetCents (CSE: $NC.C) Developing NFT Platform and Spotify (NYSE: $SPOT) Advertises Job Listing with #Crypto Duties

 


Point Roberts, WA, Delta BC December 4, 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/2020/120420-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2020/crypto-corner/12041NetCents-Spotify.asp

 

Get the Crypto Corner Podcast on iTunes

 

Get the Crypto corner on Spotify

 

Stocks discussed: (CSE:NC) (NYSE:SPOT) (NasdaqGS:FB)

 

Bitcoin (BTC) has remained fairly stable since the last episode of Crypto Corner, only varying slightly around a trading price of $19,000 with minor fluctuations from around $18,900 to about $19,400, according to data from CoinMarketCap. A report from Bloomberg foresees continued growth in 2021, and a support level of $10,000, even if mass sell-offs occur.

 

Bitcoin will maintain its propensity to advance in price into 2021, in our view, with macroeconomic, technical and demand vs. supply indicators supportive of $50,000 target resistance, implying about a $1 trillion market cap.

 

Another excerpt emphasizes this year’s establishment of $10,000 as a support level moving forward:

 

The year 2020 will likely be looked back upon as key to Bitcoin's mainstream evolution, in our view. Strong inflows in regulated exchange-traded products, futures open interest, addresses used and allocations from corporate treasuries, and some billionaires, solidify the 2020 annual price of about $10,000 as foundation support.

 

NetCents Technology Inc. (CSE:NC) is “developing a smart contract-based non-fungible token (NFT) platform for use by its merchants, and ultimately its user base to allow authenticity and provenance tracking of products using Ethereum (ETH) smart contract technology.” Clayton Moore, Founder and CEO of NetCents, explained:

 

"We have spent 2019 building our technology - and 2020 deploying it. We have proven that we can make completing a transaction using crypto as seamless as using a debit card. Our future vision for 2021 and beyond includes creating products that make crypto the PREFERRED solution. It ADDS and ENHANCES the value of a transaction that traditional payment methods cannot replicate. That is where we're going, and we are thrilled to be leading this new future!"

 

Music streaming giant Spotify (NYSE:SPOT) has posted a job listing for Associate Director, Payments Strategy & Innovation, which, among other duties, requires playing “a key part in defining and implementing Spotify’s payments strategy as well as leading Spotify’s activity within the Libra stablecoin project and wider digital asset & cryptocurrency space.” Libra, now known as Diem, is the digital currency project from Facebook (NasdaqGS:FB). An excerpt from the duties outlined in the job listing reads:

 

You will drive further consideration of new opportunities and innovation in the emerging ecosystem of distributed ledger technology, blockchains, cryptocurrencies, stablecoins, Central Bank Digital Currencies (CBDCs) and other digital assets.

 

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 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: