Investor Ideas, Trading Ideas and Stocks to Watch : #CryptoCorner #Podcast 792: #Stocks discussed: (NasdaqGS: $EBAY) (TSXV: $SATO.V) (CSE: $PKB.C)

Friday, March 11, 2022

#CryptoCorner #Podcast 792: #Stocks discussed: (NasdaqGS: $EBAY) (TSXV: $SATO.V) (CSE: $PKB.C)

#CryptoCorner #Podcast 792: #Stocks discussed: (NasdaqGS: $EBAY) (TSXV: $SATO.V) (CSE: $PKB.C)

eBay Announces Digital Wallet, Canada Computational Unlimited Reports 2021 Financial Results, and PeakBirch Commerce to Launch NFT Marketplace

Vancouver, Kelowna, Delta, BC March 11, 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.

Listen to today’s Crypto Corner Podcast:

https://www.investorideas.com/Audio/Podcasts/2022/031122-CryptoMarket.mp3

Read this in full at https://www.investorideas.com/news/2022/crypto-corner/03111EBAY-SATO-PKB.asp

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Stocks discussed: (NasdaqGS:EBAY) (TSXV:SATO) (CSE:PKB)

eBay Inc. (NasdaqGS:EBAY) has announced the launch of its first digital wallet. Though there was no specific mention of the adoption of cryptocurrencies as payments in the press release, it is worth noting that the company’s CEO Jamie Iannone told TheStreet late last month:

"And so we continue to evaluate other forms of payments that we should take on the platform. We don't currently accept cryptocurrency on the platform."

He went on to say:

"We're not accepting crypto currently. [But] on March 10, we're going to go deeper on all of these things, payments, advertising, our focus categories."

Canada Computational Unlimited Corp. (TSXV:SATO) has reported its year-end financial results for December 31, 2021. Highlights include a total revenue of $6,118,420 CAD – up 229 percent from 2020, and a 163 percent growth in revenue from digital assets in particular over the previous year. The company also minted 71 Bitcoin (BTC) and 55 Ethereum (ETH) in 2021. Romain Nouzareth, the company’s President and CEO, said:

“2021 was a very good year for CCU, not only based on our financial results and successful public listing, but also because we are hitting all our goals and working towards reaching our Center One full capacity with full renewable energy.”

PeakBirch Commerce Inc. (CSE:PKB) has announced its intention to create a global NFT (non-fungible token) marketplace to “democratize the NFT space and allow digital content creators to easily buy, sell and create NFTs.” Sean Duncombe, COO of PeakBirch, said:

"Traditionally, NFT marketplaces only allow for payments using crypto, which can be a barrier to entry for many people due to lack of understanding and trust in this new technology. We are actively exploring solutions to offload this task from the user and act as a broker. This will enable us to handle all crypto transactions in the background and to the user all transactions to be conducted and transacted in fiat currency. This provides the user the opportunity to use traditional modes of payments.”

Sam Mowers, Investorideas

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