#CryptoCorner #Podcast 550: #Stocks discussed (NasdaqGS: $EBON) (TSXV: $NDA.V)
Coinbase Registers 114.9M Shares for #Nasdaq Listing, Grayscale Investments Launches Five New #DigitalCurrency Trusts, Ebang International Completes 6NM ASIC Chip, and Neptune Digital Assets Posts Record Quarterly Income
Point Roberts, WA, Delta BC March 17, 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/2021/031721-CryptoMarket.mp3
Read this in full at https://www.investorideas.com/news/2021/crypto-corner/03171EBON-NDA.asp
Get the Crypto Corner Podcast on iTunes
Get the Crypto corner on Spotify
Stocks discussed: (NasdaqGS:EBON) (TSXV:NDA)
U.S.-based crypto exchange giant Coinbase has registered 114,850,769 shares of Class A common stock with a proposed maximum aggregate offering price of $943,218,155, according to an S-1 filing published today. Coinbase will be listed on the Nasdaq Global Select Market under the symbol “COIN,” and though no specific date was given in the filing, it is expected within the next few weeks. An article from Bloomberg earlier this month, citing “people familiar with the matter,” roughly valued Coinbase at “close to $100 billion.”
Digital currency asset manager Grayscale Investments today announced the launch of five new digital currency investment trusts: Basic Attention Token (BAT) Trust, Chainlink (LINK) Trust, Decentraland Trust, Filecoin Trust, and Livepeer Trust. This brings Grayscale’s total number of investment products to 14, according to the press release. Grayscale CEO Michael Sonnenshein said:
“Digital currencies have reached an inflection point. Investor demand has never been higher, and every day we’re seeing new entrants to what has surely become a bona fide asset class. Grayscale has long been the leader in creating novel pathways for investors to access the opportunities that digital currencies may offer, and this announcement carries on that tradition. We look forward to working with our global investor base, our growing team, and regulators to continue to move this industry forward.”
Ebang International Holdings Inc. (NasdaqGS:EBON) has completed a 6 nm ASIC chip designed for Bitcoin mining machines, which is “expected to have a competitive edge in the market in terms of performance.” Dong Hu, Chairman and CEO of Ebang, said:
“The completion of our 6 nm ASIC chip is a significant milestone of our constant R&D efforts in recent years. We have devoted a lot of resources in building our R&D team and product innovation and iteration. Looking forward, we plan to continue developing ASIC chips designed for more mainstream cryptocurrency machines, which we believe will increase our revenue in the digital currency business and optimize our product offering structure along the blockchain industry value chain.”
Neptune Digital Assets Corp. (TSXV:NDA) recently announced that it has achieved its highest income results since its initial listing in January 2018. Specifically, this applies to its preliminary results for the second quarter ended on February 28, 2021, wherein the company achieved a positive net comprehensive income of $6.07 million. During the same period, Neptune also registered a 200 percent growth in total assets. Cale Moodie, Neptune’s CEO, said:
“We have now shown the earnings and asset growth potential when investing in viable cryptocurrency ecosystems. We also continue to operate Neptune on a very lean budget in an effort to maximize shareholder value and bring on new revenue streams reflecting those same cost efficiencies, as we intend to do with our mining operations.”
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.
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:
Post a Comment