#CryptoCorner #Podcast: #Cryptocurrency #Stocks in the News: (NYSE: $HSBC) (NasdaqCM: $RIOT) (NasdaqGS: $HUT)
HSBC Launches Crypto Services in Hong Kong, Riot Platforms Secures Order for Next Gen Bitcoin Miners, and Hut 8 Enters Hosting Agreement
Vancouver, Kelowna, Delta, BC June 26, 2023 - 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.
Today’s podcast is sponsored by Fintech Company AppTech Payments Corp. (NasdaqCM:APCX).
Listen to today’s Crypto Corner Podcast:
https://www.investorideas.com/Audio/Podcasts/2023/062623-CryptoMarket.mp3
Read this in full at https://www.investorideas.com/news/2023/crypto-corner/06261HSBC-RIOT-HUT.asp
Get the Crypto Corner Podcast on iTunes
Get the Crypto corner on Spotify
Stocks discussed: (NYSE:HSBC) (NasdaqCM:RIOT) (NasdaqGS:HUT)
Cointelegraph reports that banking giant HSBC (NYSE:HSBC) has introduced its first local cryptocurrency services in Hong Kong. This includes making it possible for its customers to buy and sell exchange-traded funds (ETFs) based on both Bitcoin (BTC) and Ether (ETH). These specific ETFs are listed on the Stock Exchange of Hong Kong, and include CSOP Bitcoin Futures ETF, CSOP Ethereum Futures ETF and Samsung Bitcoin Futures Active ETF. The aim of this development is to expand local users’ exposure to cryptocurrencies in Hong Kong. Notably, the article indicates that this follows recent media reports suggesting in mid-June that the Hong Kong Monetary Authority pressured major banks to accept crypto exchanges as clients.
Riot Platforms, Inc. (NasdaqCM:RIOT) has entered into a long-term purchase agreement with MicroBT Electronics Technology Co., Ltd, a prominent manufacturer of Bitcoin miners with production facilities in the United States, wherein it has secured an initial order of 33,280 next-generation Bitcoin miners from the latter. Jason Les, CEO of Riot, said:
“These new models are among the most powerful and efficient miners ever made for Bitcoin mining and are designed and produced specifically for immersion cooling systems, such as those that will be used at our Corsicana Facility. These new miners will contribute an additional 7.6 EH/s to Riot’s self-mining capacity when fully deployed and will further enhance our already strong fleet efficiency in advance of the upcoming Bitcoin halving.”
Hut 8 Mining Corp. (NasdaqGS:HUT) has entered a hosting agreement for approximately 6,400 ASIC miners previously energized at its North Bay site. The agreement, according to the press release, “includes a 3-month initial term which will renew for successive one-month periods unless terminated by either party by providing 30 days' notice.” The company’s CEO, Jaime Leverton, commented:
"Relocating our miners will provide us with approximately 600 PH/s of additional installed operating capacity. Once the machines are energized, our total installed hashrate will increase to approximately 3.2 EH/s."
Sam Mowers, Investorideas
For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory
Podcast sponsor:
AppTech Payments Corp. (NasdaqCM:APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with immersive commerce experiences. Commerse™, its all-new, patent-backed technology platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable, cross-border digital banking, text-to-pay, crypto payments and merchant services altogether from a single, unified stack designed to increase operational efficiencies and growth for businesses while providing the economic convenience that their customers demand from today’s commerce experiences. For more information, visit apptechcorp.com.
About Investorideas.com - Big Investing Ideas
We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders. Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast , Cleantech and Climate Change Podcast, Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast. We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water.
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/ Disclosure: podcast sponsor AppTech Payments Corp. (NasdaqCM:APCX) is a paid featured Fintech company on Investorideas.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
Contact Investorideas.com
800-665-0411
Get more Bitcoin and Blockchain Investor ideas – news, articles, podcasts and stock directories
No comments:
Post a Comment