Investor Ideas, Trading Ideas and Stocks to Watch : #CryptoCorner #Podcast 594: #Stocks discussed: (TSX: $GLXY.TO) (NasdaqGS: $EQOS) (CSE: $DIGI.C)

Thursday, May 20, 2021

#CryptoCorner #Podcast 594: #Stocks discussed: (TSX: $GLXY.TO) (NasdaqGS: $EQOS) (CSE: $DIGI.C)

#CryptoCorner #Podcast 594: #Stocks discussed: (TSX: $GLXY.TO) (NasdaqGS: $EQOS) (CSE: $DIGI.C)

#Crypto Recovery, Diginex’s Digivault Receives FCA Approval, and DigiCrypts Announces Brand Upgrade and Name Change

Point Roberts, WA, Delta BC May 20, 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/2021/052021-CryptoMarket.mp3

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/05201GLXY-EQOS-DIGI.asp

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Stocks discussed: (TSX: GLXY) (NasdaqGS: EQOS) (CSE: DIGI)

The crypto market is considerably green this morning as a market-wide recovery appears to be in effect, according to data from CoinMarketCap. Bitcoin (BTC), for instance, is trading for about $42,000 USD at press time, up $7,000 (and roughly 19 percent) from yesterday’s Crypto Corner.

Michael Novogratz, the Founder, Chairman, and CEO of Galaxy Digital Holdings Ltd. (TSX: GLXY), released a video commenting on yesterday’s bloodbath, in which he said:

“We’re not going to put Humpty Dumpty back together again in a week. The market is now going to consolidate for weeks, if not a couple months as it rebuilds confidence. This is a confidence game in a lot of ways. But I want to stress, loud and clear, that the underlying progress that’s happening – both in the Bitcoin ecosystem, and Ethereum ecosystem, and much of the crypto ecosystem – is full speed ahead. This is not trading tulips, this is trading a technology that is going to revolutionize how we transmit value to each other…The great decentralized revolution is alive and strong.”

Diginex Limited (NasdaqGS:EQOS) has announced that its secure digital asset custody business, Digivault, has become the first stand-alone digital asset custodian to receive approval from the UK Financial Conduct Authority (FCA) to register as a custodian wallet provider. According to the press release, Digivault offers “custodial services for assets in Bitcoin, Ethereum and USDC, as well as other assets that are hosted on ERC-20 and ERC-1400 protocols.” Diginex CEO Richard Byworth said:

"The FCA approval is continued validation of our strategy to deliver fair, transparent and compliant crypto products for institutions. Digivault's market leading custody solution is a foundational pillar of the Diginex ecosystem and acts a key enabler to the EQUOS Exchange, OTC and Lending business lines."

DigiCrypts Blockchain Solutions Inc. has announced that it is undergoing a brand upgrade process and has officially changed its name to DigiMax Global Inc. (CSE:DIGI) This move aims to “better align with the company's mission to accelerate the adoption of disruptive Artificial Intelligence and Cryptocurrency technology solutions for companies and individuals.” DigiMax Co-Founder and CEO Chris Carl said:

"The DigiMax name has continually evolved from one of our tradenames to become the name our company has been known for, so we wanted to make this official, and to remove the confusion that we know the multiple names can cause."

Sam Mowers, Investorideas

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