Investor Ideas, Trading Ideas and Stocks to Watch : #CryptoCorner #Podcast 542: #Stocks discussed (NasdaqGS: $MSTR) (NasdaqGS: $MARA) (CSE: $DIGI.C) (OTCQX: $BNXAF)

Friday, March 05, 2021

#CryptoCorner #Podcast 542: #Stocks discussed (NasdaqGS: $MSTR) (NasdaqGS: $MARA) (CSE: $DIGI.C) (OTCQX: $BNXAF)

#CryptoCorner #Podcast 542: #Stocks discussed (NasdaqGS: $MSTR) (NasdaqGS: $MARA) (CSE: $DIGI.C) (OTCQX: $BNXAF)

#Bitcoin Stalls Below $50K, MicroStrategy Buys Another $10M in BTC, Marathon Expects 1.4 EH/s in Mining Production by the End of March, DigiCrypts Reports on Progress of CryptoDivine.ai, and Banxa Begins Trading on OTCQX

Point Roberts, WA, Delta BC March 5, 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/2021/030521-CryptoMarket.mp3

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/03051MSTR-MARA-DIGI-BNXAF.asp

Get the Crypto Corner Podcast on iTunes

Get the Crypto corner on Spotify

Stocks discussed: (NasdaqGS:MSTR) (NasdaqGS:MARA) (CSE:DIGI) (OTCQX:BNXAF)

Bitcoin (BTC) is seemingly stuck below support at $50,000 as we enter another weekend, according to data from CoinMarketCap. A piece from Cointelegraph attributes the downward pressure on Bitcoin to high levels in the U.S. dollar index, as well as “the prospect of rising rates and a potential stock market top.”

Despite uncertainties in the crypto market, at least one company, MicroStrategy Incorporated (NasdaqGS:MSTR), is undeterred, and has bought even more Bitcoin, according to a tweet from CEO Michael Saylor.

“MicroStrategy has purchased an additional ~205 bitcoins for ~$10.0 million in cash at an average price of ~$48,888 per #bitcoin. As of 3/5/2021, we #hodl ~91,064 bitcoins acquired for ~$2.196 billion at an average price of ~$24,119 per bitcoin.”

Marathon Digital Holdings, Inc. (NasdaqGS:MARA) has announced that its mining fleet “will produce approximately 1.4 EH/s (exahash per second) by the end of March.” Merrick Okamoto, Marathon’s chairman and CEO, explained:

“Last month, we received the first of several major shipments scheduled to be delivered in 2021 from Bitmain. That delivery marked the genesis of what will be a transformative year for our business as we significantly increase the size of our mining fleet and expand our operations. We are very encouraged that the initial 4,000 Bitmain miners were delivered on time to our Hardin facility and that the next tranche of 6,300 miners was also shipped as scheduled. An additional 4,800 miners are set to be shipped to us in April, and we look forward to continuing to build out our mining operations and scale the business as projected.”

DigiCrypts Blockchain Solutions Inc. (CSE:DIGI) has reported that its Crypto Price Trend Indicator App, CryptoDivine.ai, is “performing well and ahead of expectation on most metrics.” According to the press release, the soft launch of the app, which commenced on February 24, 2021, will continue through March 15. A hard launch will follow on the week of March 15, with a Final Product offering planned for June 1. An excerpt reads:

As of June 1, 2021 DigiMax is confident it will have one of the world's most comprehensive, AI-based, crypto-price predicting resources in the world made available for novice crypto investors, and only at that time will the Company charge its full price of US$99.95 per month for the Application.

Banxa Holdings, Inc. has announced that it will begin trading today on the OTCQX Best Market under the symbol "BNXAF." The company’s Chairman, Domenic Carosa, said:

“We have a lot of customers in the US, and those customers are now able to join us on this journey to a digital asset future. As the market matures, we aim to be at the forefront of innovation and transparency, and being a player in the north American market is a critical piece of that strategy."

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 ( Apple Podcasts) , Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Play Music and most audio platforms available.

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.