Point Roberts, WA and Delta, BC - January 13, 2021 (Investorideas.com Newswire) 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 was sponsored by Integrated Ventures ( OTCQB: INTV ), a company focused on acquiring, launching and operating assets in the cryptocurrency sector.
Listen to today's Crypto Corner Podcast:
Crypto Corner Podcast 507: Stocks discussed: (NasdaqCM: ) (TSXV: .V) (OTCQB: )
Stocks discussed: (NasdaqCM:EQOS) (TSXV:CSTR)
Bitcoin ( BTC ) has shown relative stability in the past 24 hours, hovering around $34-$35,000, according to data from CoinMarketCap . While this is still not quite near its all-time high trading price reached within the past week (Friday, Jan 8) of just under $42,000, it is sitting comfortably above the low seen in its most recent crash of about $30,500.
Reuters reports that Christine Lagarde, President of the European Central Bank, has called "for global regulation of Bitcoin, saying the digital currency had been used for money laundering activities in some instances and that any loopholes needed to be closed." Speaking in an interview at the Reuters Next conference, Lagarde said:
"(Bitcoin) is a highly speculative asset, which has conducted some funny business and some interesting and totally reprehensible money laundering activity."
"There has to be regulation. This has to be applied and agreed upon ... at a global level because if there is an escape that escape will be used."
Diginex Limited ( NasdaqCM:EQOS ) has entered into definitive agreements with institutional investors to raise aggregate gross proceeds of approximately $38.60 million through the private placement of its equity securities. The company's CEO, Richard Byworth, explained:
"We are pleased to announce this private placement offering, which will allow us to continue to invest in our business and execute on our business plan.
We rolled out our bitcoin perpetual futures contract earlier this month, representing the first derivative product to launch on EQUOS, our cryptocurrency exchange. Following the completion of this raise, we intend to accelerate the roll-out of our product roadmap across the ecosystem."
CryptoStar Corp. ( TSXV:CSTR ) has signed a non-binding letter of intent with a Hong Kong-based company effective January 12, 2021 to acquire GPU miners in exchange for CryptoStar common shares. CryptoStar's President and CEO, David Jellins, said:
"We are delighted that the Vendor has selected CryptoStar as its preferred client for the supply of this highly sought-after GPU mining equipment. We are looking forward to self-mining on a larger scale and we anticipate that this will be the beginning of a long term and mutually beneficial relationship."
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.
Crypto Corner Podcast sponsor
Integrated Ventures ( OTCQB: INTV ) is focused on acquiring, launching and operating assets in the cryptocurrency sector.
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