Investor Ideas, Trading Ideas and Stocks to Watch : #CryptoCorner #Podcast Episode 514: #Stocks discussed: (NasdaqGS: $MARA) (NasdaqCM: $EQOS)

Monday, January 25, 2021

#CryptoCorner #Podcast Episode 514: #Stocks discussed: (NasdaqGS: $MARA) (NasdaqCM: $EQOS)

#CryptoCorner #Podcast Episode 514: #Stocks discussed: (NasdaqGS: $MARA) (NasdaqCM: $EQOS)

#Bitcoin Reclaims $34K After Weekend Slump, Marathon Buys $150 Million in BTC, Diginex Enters Partnership with GSR Markets, and Grayscale Donating $1 Million to #Crypto Advocate Coin Center

Point Roberts, WA, Delta BC January 25, 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/2021/012521-CryptoMarket.mp3

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/01251MARA-EQOS.asp

Get the Crypto Corner Podcast on iTunes

Get the Crypto corner on Spotify

Stocks discussed: (NasdaqGS:MARA) (NasdaqCM:EQOS)

As we begin a new week, Bitcoin (BTC) is back in the green, having emerged from a slump that it entered last Thursday, according to data from CoinMarketCap. At press time, it is trading for about $34,350, up more than six percent in the last 24 hours. This is still well below Bitcoin’s all-time high trading price of around $42,000, reached on January 8, 2021. But Bitcoin is not alone in reaching an ATH this month, as Ether (ETH) has surpassed its trading price record (currently $1,467 in the last 24 hours) and has yet to see a Bitcoin-style downtick.

Marathon Patent Group, Inc. (NasdaqGS:MARA) has purchased 4,812.66 BTC, worth $150 million. The purchase was conducted with Bitcoin-focussed technology and financial services firm NYDIG. Merrick Okamoto, Marathon’s chairman & CEO, said:

“To date, we have contracted to purchase 103,060 miners, all of which are currently expected to be delivered and fully deployed by the end of the first quarter of fiscal 2022. If all miners were operational today, based on the Bitcoin network’s current difficulty rate, we would produce approximately 55-60 bitcoins per day. However, by leveraging our cash on hand to invest in Bitcoin now, we have transformed our potential to be a pure-play investment into a reality. I would like to thank the entire NYDIG team for offering their unique products and services for public companies, and for working with us to expedite this process and ensure the transaction was made on the best possible terms for our business and our shareholders.”

Digital assets financial services company Diginex Limited (NasdaqCM:EQOS) has entered into a strategic partnership with GSR Markets, the latter of which is described as “a leading global market maker for cryptocurrency spot and crypto derivative markets.” According to the press release, GSR will provide liquidity “in all markets from the recently launched BTC perpetual futures product,” on Diginex’s EQUOS crypto exchange, and will “play a critical role in supporting the rollout of Diginex's future product roadmap, which include dated futures and options.” Richard Byworth, CEO of Diginex, explained:

"As an exchange that avoids the conflict of interest of making markets against its own participants, the partnership with GSR is key to growing the depth and liquidity in all our trading pairs. GSR are one of the largest market makers in crypto and crypto derivatives, so longer term the partnership will evolve more broadly into liquidity provision around key offerings like options, structured products and borrowing and lending."

Grayscale Investments has announced that it will be donating $1 million to cryptocurrency non-profit research and advocacy center Coin Center, and pledged to match donations to Coin Center of up to an additional $1 million through next month. Michael Sonnenshein, CEO of Grayscale Investments, said:

“There’s not been a better time to invest in the growth of this industry, following a year which saw cryptocurrencies becoming recognized as a bona fide asset class, enjoying the participation of the broader investment community and notable financial services institutions.”

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.