Point Roberts, WA and Delta, BC – May 6, 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.
Listen to today’s Crypto Corner Podcast:
Crypto Corner Podcast 585: Stocks discussed: (CSE: $BIGG.C) (TSXV: $BNXA.V)
Stocks discussed: (CSE:BIGG) (TSXV:BNXA)
Gregory Klumov, CEO of stablecoin platform STASIS, sister company to investment firm EXANTE, believes that Ethereum (ETH) could see more impressive growth than Bitcoin (BTC) this year, according to the following comments shared with Investorideas.com:
“Ethereum hitting new record highs comes as a little surprise, considering that the cryptocurrency field has recovered fast after the last dip and the second-largest cryptocurrency seems like a viable asset for further investments.
There is a chance it will hit $10k or even up to $15k in 2021, thus overcoming Bitcoin in terms of growth. In relative terms, BTC would need to hit $150-250k in order to outdo ETH’s growth and we don’t see this happening.
Many investors have already started to switch gears and relocate to altcoins, unsure of Bitcoin’s next market move. Moreover, the announcement that the European Investment Bank (EIB) may start selling digital bonds on the ETH blockchain also added fuel to the fire. Additionally, we believe that the institutional support will help Ethereum to climb unexpected heights, just like it did for BTC.”
Blockchain Intelligence Group (BIG), a subsidiary of BIGG Digital Assets Inc. (CSE:BIGG), has partnered with visual software company Uncharted Software Inc. to facilitate “investigators and analysts to exploit complex cryptocurrency related data and make it possible for anyone in law enforcement to incorporate and comprehend this data as part of criminal investigations or intelligence cases.” Lance Morginn, President of BIG, explained:
“Technologically savvy criminals use cryptocurrency to finance crimes and evade detection by the authorities. It’s our mission to put advanced, simple-to-use, and reliable crypto analytics in the hands of law enforcement. By partnering with Uncharted, a leader in investigative solutions for law enforcement, we are fulfilling our mission to equip law enforcement to fight crime in the era of crypto.”
Banxa Holdings Inc. (TSXV :BNXA) has announced that its Total Transaction Volume (TTV) results for April, have exceeded $100 million for the first time, reaching a record volume of $110 million, which is more than a 30 percent increase over the company’s previous record. It is also a 1000 percent increase over the $11 million the company in April 2020. Holger Arians, CEO of BANXA, commented:
“We are thrilled to report another record month, both our partners and our team are working hard, and we are adding new partners every month. The whole digital asset market is booming and is moving into the middle stage of this growth period. It’s pretty clear even to the naysayers that digital assets are here to stay.”
Sam Mowers, Investorideas
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