Investor Ideas, Trading Ideas and Stocks to Watch : #CryptoCorner #Podcast 505: #Stocks discussed: (NYSE: $ICE) (NasdaqGS: $FTFT) (OTCQB: $INTV)

Monday, January 11, 2021

#CryptoCorner #Podcast 505: #Stocks discussed: (NYSE: $ICE) (NasdaqGS: $FTFT) (OTCQB: $INTV)

#CryptoCorner #Podcast 505: #Stocks discussed: (NYSE: $ICE) (NasdaqGS: $FTFT) (OTCQB: $INTV)

#Bitcoin and Altcoins Plummet Before Stronger USD, Bakkt Enters Agreement for NYSE Listing, and Future Fintech’s mBTC Allows BTC as Online Payment

Point Roberts, WA, Delta BC January 11, 2021 - 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 was sponsored by Integrated Ventures (OTCQB: INTV) , a company focused on acquiring, launching and operating assets in the cryptocurrency sector.

Listen to today’s Crypto Corner Podcast:

https://www.investorideas.com/Audio/Podcasts/2021/011121-CryptoMarket.mp3

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/01111ICE-FTFT-INTV.asp

Get the Crypto Corner Podcast on iTunes

Get the Crypto corner on Spotify

Stocks discussed: (NYSE:ICE) (NasdaqGS:FTFT)

Bitcoin (BTC), after having reached an all-time high of nearly $42,000 USD on Friday, took a bearish turn on Sunday, bringing it as low as about $32,600 earlier this morning, according to data from CoinMarketCap. This downturn has extended to the altcoin market as well, with recent gainers Ether (ETH) and Bitcoin Cash (BCH) down about 22 percent each in the past 24 hours, for instance. This, while not necessarily caused by, correlates with a US dollar rally, according to an article from Business Insider today. While still up 89 percent over the past month, Bitcoin “plunged as much as 21% over Sunday and Monday, its biggest two-day decline since March.” The article quotes strategists from banking and financial services multinational Rabobank:

"the stronger dollar and higher bond yields has also sparked a plunge in Bitcoin and in gold prices this morning."

Elsewhere, Cointelegraph chalks up some of this bearishness to “over $2.7 billion worth of futures contracts,” being “liquidated in the last 24 hours.” That article warns that while this has created selling pressure, it has encouraged whales – individuals or entities who hold large amounts of a given cryptocurrency – to buy the dip. Elias Simos, a protocol specialist at node infrastructure provider Bison Trails, is quoted in the article:

“Addresses with more than 1k $BTC continue growing at the expense of all others–even as this most recent downturn is taking effect. While you were selling, whales were gobbling up your Bitcoin.”

That same article continues, however, with an optimistic quote from analysts at on-chain analytics firm Glassnode, who say:

“While $BTC dipped in value today, on-chain fundamentals remain strong, pointing to a healthy network. #Bitcoin mining difficulty and hash rate are at ATHs.”

An announcement today reveals that Bakkt, the crypto platform launched by Intercontinental Exchange (NYSE:ICE), has “entered into a definitive agreement for a business combination that will result in Bakkt becoming a publicly traded company with an enterprise value of approximately $2.1 billion.” The new company will be called Bakkt Holdings, Inc. and will be listed on the New York Stock Exchange. The company’s newly-appointed CEO, Gavin Michael, said:

“The average consumer holds a wealth of digital assets but rarely tracks their value and lacks the tools to manage and utilize them. I’m excited to join the management team of a company, at this important time in its expansion, whose vision is to bring trust and transparency to digital assets through innovation and technology and, through that process, unlock trillions of dollars currently held in customer and loyalty accounts and allow consumers to put them to work.”

Blockchain based e-commerce business and a fintech service provider Future Fintech Group Inc. (NasdaqGS:FTFT) has announced that its 60 percent-owned subsidiary DCON DigiPay Limited, “has completed the upgrade of its mBTC system and technology which can now be used by e-commerce platforms that plan to accept Bitcoin (BTC) as a payment method from consumers.” Shanchun Huang, Future Fintech’s CEO, said:

"Our unique technology for mBTC solves the main issue with BTC, which is that it is anonymous and not recoverable if lost or stolen. It also enables BTC and blockchain technology to serve the consumer space. We expect this technology to be used not only for e-commerce platforms but also for other payment systems that plan to use BTC. Because our technology uses the shopper's legal name, it can also meet Know Your Customer (KYC) and Anti-Money Laundry (AML) requirements."

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.

Crypto Corner Podcast sponsor

Integrated Ventures (OTCQB: INTV) is focused on acquiring, launching and operating assets in the cryptocurrency sector.

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 Disclosure : INTV is a featured monthly crypto stock on Investorideas.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.