Point Roberts, WA and Delta, BC – January 13, 2022 (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 754: Stocks discussed: (NYSE: V) (NasdaqGS: COIN) (NasdaqCM: HIVE)
Stocks discussed: (NYSE:V) (NasdaqGS:COIN) (NasdaqCM:HIVE)
Visa (NYSE:V) has published a new study, titled: Visa Global Back to Business Study – 2022 SMB Outlook, which, among other things, found that 82 percent of SMBs (small and mid-size businesses) surveyed said they will accept digital payment options in 2022. The results came from a December 2021 survey of “2,250 small business owners with 100 employees or fewer in Brazil, Canada, Germany, Hong Kong, Ireland, Russia, Singapore, United Arab Emirates and the United States.” Of those surveyed, 24 percent said they plan to accept digital currencies such as the cryptocurrency Bitcoin (BTC). Jeni Mundy, Global Head Merchant Sales & Acquiring, Visa, said:
“Payments are no longer about simply completing a sale. It’s about creating a simple and secure experience that reflects one’s brand across channels and provides utility to both the business and its customer. The digital capabilities that small businesses built up during the pandemic – from contactless to e-commerce – helped them pivot and survive and, by continuing to build on this foundation, can now help them find new growth and thrive.”
Coinbase (NasdaqGS:COIN) has announced the acquisition of FairX, described in the former’s official blog post as “a CFTC-regulated derivatives exchange or Designated Contract Market,” representing Coinbase’s “next step toward creating the robust and holistic trading environment investors are seeking.” An excerpt from the blog post reads:
“Through this acquisition, we plan to bring regulated crypto derivatives to market, initially through FairX’s existing partner ecosystem. Over time, we plan to leverage FairX’s infrastructure to offer crypto derivatives to all Coinbase customers in the US. We want to make the derivatives market more approachable for our millions of retail customers by delivering an easy-to-use user experience that Coinbase is known for.
HIVE Blockchain Technologies Inc. (NasdaqCM:HIVE) has provided an update on its Jan. 10 2022 news release outlining its 2021 crypto production results. While the original release stated that “in summary Total Bitcoin Equivalent mined was 3,222 based on BTC/ETH/ETC,” the real figure was 4,032.
Sam Mowers, Investorideas
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