News

Crypto Corner Podcast 634: Stocks discussed: (NYSE: SQ) (NYSEArca: ARKK) (NYSEArca: ARKW) (CSE: BIGG)

Point Roberts, WA and Delta, BC – July 19, 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:

https://www.investorideas.com/Audio/Podcasts/2021/071921-CryptoMarket.mp3

Crypto Corner Podcast 634: Stocks discussed: (NYSE: SQ) (NYSEArca: ARKK) (NYSEArca: ARKW) (CSE: BIGG)

SHARE PODCAST:

Get the Crypto Corner Podcast on iTunes

Get the Crypto corner on Spotify

Stocks discussed: (NYSE:SQ) (NYSEArca:ARKK) (NYSEArca:ARKW) (CSE:BIGG)

ARK Investment Management purchased 225,937 shares of payments giant Square, Inc. (NYSE:SQ), following the latter’s announcement on Friday of plans to create a new Bitcoin (BTC)-focused platform for financial services, according to CoinDesk. Of this, the ARK Innovation Fund (NYSEArca:ARKK) bought a total of 179,664 shares, and the ARK Next Gen Internet Fund (NYSEArca:ARKW) bought the other 46,273 shares.

Digital currency asset manager Grayscale Investments and CoinDesk subsidiary CoinDesk Indexes have announced the launch of Grayscale Decentralized Finance (DeFi) Fund, a new diversified investment product, and the CoinDesk DeFi Index. According to the press release, the Grayscale DeFi Fund “provides investors with exposure to a selection of industry-leading DeFi protocols” through a portfolio tracking the CoinDesk DeFi Index which “aims to provide a broad-based, benchmark representation of DeFi protocols.” Grayscale Investments CEO Michael Sonnenshein said:

“Grayscale continues to focus on creating opportunities for investors to access new, exciting parts of the digital asset ecosystem. The emergence of decentralized finance protocols provide clear examples of technologies that can redefine the future of the financial services industry. We’re proud to offer investors exposure to DeFi through Grayscale’s trusted, secure, and industry-leading investment product structures.”

Netcoins.ca, a subsidiary of BIGG Digital Assets Inc. (CSE:BIGG), has submitted commentary on Bitcoin’s having hit a monthly low of $28,908, with daily volume maximum of $138.2 billion down 42.3 percent from the intra-month high in May. The company’s President, Mitchell Demeter, explained why “Netcoins sees these market conditions as an opportunity, rather than a stumbling block,”:

“I definitely think the recent movement in Bitcoin value presents an opportunity. This allows a more democratic array of investors to get into the market. It’s also great for cryptocurrency in general as a wider pool of investors become owners in it. Lastly, it offers seasoned cryptocurrency investors a chance to increase their holdings at a lower cost. We at Netcoins are here to help anyone obtain Bitcoin and other cryptocurrency assets, whether they’re a veteran or a novice.”

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.

About Investorideas.com – News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors. Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns: Crypto Corner, Play by Play sports and stock news, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast, Cleantech and Climate Change, Exploring Mining, Betting on Gaming Stocks Podcast and the AI Eye Podcast.

The Crypto Corner is part of the Investor Ideas Membership content

The Investorideas.com podcasts are also available on iTunes (Apple Podcasts), Audible, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Play Music 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/ and tickertagstocknews.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

Download our Mobile App for iPhone and Android

Contact Investorideas.com

800-665-0411

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *

More in:News

News

Against Bond Market Odds

October 22, 2021 (Investorideas.com Newswire) Such was the S&P 500 correction, how did you like ...