#CryptoCorner #Podcast 721: #Stocks discussed: (NYSE: $SQ) (NasdaqCM: $HIVE) (TSXV: $BNXA.V)
Jack Dorsey Releases White Paper for Square’s Decentralized Bitcoin Exchange, HIVE Reports October Results, and Banxa Partners with NiceHash
Point Roberts, WA, Delta BC November 22, 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/2021/112221-CryptoMarket.mp3
Read this in full at https://www.investorideas.com/news/2021/crypto-corner/11221SQ-HIVE-BNXA.asp
Get the Crypto Corner Podcast on iTunes
Get the Crypto corner on Spotify
Stocks discussed: (NYSE:SQ) (NasdaqCM:HIVE) (TSXV:BNXA)
Jack Dorsey, CEO of Square, Inc. (NYSE:SQ), released a white paper for Square's decentralized Bitcoin (BTC) exchange called “tbDEX”. An excerpt from the paper’s abstract explains:
…The tbDEX protocol facilitates decentralized networks of exchange between assets by providing a framework for establishing social trust, utilizing decentralized identity (DID) and verifiable credentials (VCs) to establish the provenance of identity in the real world. The protocol has no opinion on anonymity as a feature or consequence of transactions. Instead, it allows willing counterparties to negotiate and establish the minimum information acceptable for the exchange. Moreover, it provides the infrastructure necessary to create a ubiquity of on-ramps and off-ramps directly between the fiat and crypto financial systems without the need for centralized intermediaries and trust brokers. This makes crypto assets and decentralized financial services more accessible to everyone.
HIVE Blockchain Technologies Ltd. (NasdaqCM:HIVE) has reported its production figures from its global Bitcoin and Ethereum (ETH) mining operations for the month of October 2021. Highlights include a revenue of $23.4 million USD, the production of 234 BTC, and the production of 2,591 ETH. The company’s Executive Chairman, Frank Holmes, said:
"We are proud of the growth and operational excellence exhibited from our global operations, which has HIVE generating US$280M in annual revenue on a run-rate basis using October figures, or approximately C$350M."
Banxa Holdings Inc. (TSXV:BNXA) has announced a partnership with crypto mining and trading firm NiceHash, in which it will provide crypto Buy/Sell functionality for NiceHash users. A leader in the decentralized mining space, NiceHash is described as “an EU based marketplace for hash power allowing small and individual miners from around the world to rent out their computational capacities,” and boasts over 1 million daily users. Banxa CEO, Holger Arians, said:
"It is a pleasure to welcome NiceHash to the Banxa Network. As a leader in the field of pool mining, NiceHash allows mass market entry into cryptocurrencies, similar to the way Banxa does. As we expand our products and services to new markets such as mining, wallets and DeFi, it is our commitment to bring the highest conversions to our partners that drives that growth. We are proud that one of our first mining clients is such a well known brand."
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 publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors. Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast , Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and the AI Eye Podcast.
The Crypto Corner is part of the Investor Ideas Membership content
The Investorideas.com podcasts are also available on Apple Podcasts , Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts 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