Thursday, January 28, 2021

#CryptoCorner #Podcast 517: #Stocks discussed: (OTC: $SBHGF) (NYSE: $SMFG) (NasdaqGS: $OSTK) (TSXV: $HIVE.V)

#CryptoCorner #Podcast 517: #Stocks discussed: (OTC: $SBHGF) (NYSE: $SMFG) (NasdaqGS: $OSTK) (TSXV: $HIVE.V)

 

SBI Holdings and SMFG to Launch #Blockchain-Based Digitalized Stock Exchange, tZero Partners with Prime Trust, and HIVE Plans to Expand #Ethereum Footprint

 


Point Roberts, WA, Delta BC January 28, 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.

 

Listen to today’s Crypto Corner Podcast:  

https://www.investorideas.com/Audio/Podcasts/2021/012821-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/01281SBHGF-SMFG-OSTK-HIVE.asp

 

Get the Crypto Corner Podcast on iTunes

 

Get the Crypto corner on Spotify

 

Stocks discussed: (OTC:SBHGF) (NYSE:SMFG) (NasdaqGS:OSTK) (TSXV:HIVE)

 

Bitcoin (BTC) is back above $30,000 this morning, having spent yesterday slowly climbing out of its recent downturn, according to data from CoinMarketCap. At press time, it is trading for about $32,000, up about 5.75 percent in the last 24 hours.

 

Nikkei Asia reports that SBI Holdings, Inc. (OTC:SBHGF) and Sumitomo Mitsui Financial Group (NYSE:SMFG) plan to launch a digitalized stock exchange in Osaka in the spring of 2022 to compete against the Tokyo Stock Exchange. According to the article, “the joint venture also aims to be the first Japanese exchange to handle digital securities using blockchain technology.”

 

tZero, the blockchain arm of Overstock (NasdaqGS:OSTK), has announced a partnership with Prime Trust, the latter of which is described in the press release as a “leading provider of all-in-one, financial infrastructure for fintech innovators.” tZERO CEO Saum Noursalehi explained:

 

"Digital infrastructure isn't just another settlement or payment system – it represents an evolution in how we will issue, record, transfer and settle value seamlessly across markets and geographies by leveraging technology that is superior to the legacy systems and infrastructure in place today. The initiatives announced today affirm our commitment to remain agile and swiftly adapt to regulatory and technological developments in order to foster a robust and dynamic marketplace."

 

HIVE Blockchain Technologies Ltd. (TSXV:HIVE) has announced plans to expand the footprint of its Sweden GPU mining data centre by an immediate 2 MW at an estimated cost of $9 million, by the end of April 2021. An excerpt from the press release reads:

 

“By the end of 2021 we are planning a 30% increase in our Ethereum mining capacity. The immediate expansion of the operating footprint would be accomplished through an infrastructure re-fitting of a portion of its existing facility in Boden, Sweden at an estimated cost of US$ 250,000 and the purchase of new generation GPU chips and associated mining rigs to house them at an estimated cost of US$ 8.75 million. These new generation chips are expected to be more efficient than currently available GPU chips on the market while consuming less electricity, which should lead to continuing positive gross margins.”

 

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: