#CryptoCorner #Podcast 780: #Stocks discussed: (OTCQX: $GBTC) (NYSE: $ICE) (CSE: $BTC.C)
Grayscale Investments Starts Campaign to Prompt SEC for Spot Bitcoin ETF, ICE Invests in tZero, and Bluesky Digital Expands BlueskyINTEL Initiative
Vancouver, Kelowna, Delta, BC February 23, 2022 - 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.
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Stocks discussed: (OTCQX:GBTC) (NYSE:ICE) (CSE:BTC)
Digital currency asset manager Grayscale Investments has launched a campaign aimed at educating and encouraging American investors “to submit comments on its application with the Securities and Exchange Commission (SEC) to convert Grayscale Bitcoin Trust (OTCQX:GBTC) to a Spot Bitcoin (BTC) ETF. So far, only Bitcoin Futures ETFs have been greenlit by the SEC. Grayscale CEO Michael Sonnenshein said:
“American investors should have a choice in how to obtain Bitcoin exposure. Every day I hear from investors who are patiently waiting for the familiarity and protections of a Spot Bitcoin ETF. We will use the strength of Grayscale’s brand and resources to continue to advocate for these investors, and ensure that the investing public is aware of the unique opportunity they have to voice their opinions directly to the SEC – a critical part of our existing regulatory process.”
Intercontinental Exchange, Inc. (NYSE:ICE) is making a strategic investment in blockchain innovation leader tZero. This will see ICE’s Chief Strategy Officer, David Goone, join tZERO as its next CEO. Jeff Sprecher, Founder, Chairman and CEO of Intercontinental Exchange, said:
"David Goone was present at many of ICE’s milestone moments and deals over two decades, a key player on our management team as we built our world-class trading, clearing and data infrastructure and product line, and has been a steward of our problem-solving culture. David’s leadership and his mastery of trading, data, and clearing technology will be a big asset as tZERO begins its next chapter leading the growth and adoption of next-generation market infrastructure."
Bluesky Digital Assets Corp. (CSE:BTC) has announced plans to expand on the overall scope of its BlueskyINTEL initiative. BlueskyINTEL is a moniker representing all of the company's R&D efforts, including DEFI (decentralized finance), Stablecoin, and AI (artificial intelligence) initiatives. According to the press release, BlueskyINTEL will be “expanding its original Blockchain focused site to include a financial related matchmaking service that brings together funding and the need for funding for significant Blockchain related initiatives.” The company’s CEO, Ben Gelfand, said:
"We were surprised with the level of engagement and enthusiasm that our pre-launch BlueskyINTEL site received from users, and it reinforces for us what we've always said that 'the blockchain is much more than just crypto mining' and we are expanding our efforts in response to what the real-world is telling us."
Sam Mowers, Investorideas
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