Crypto Corner Podcast: Cryptocurrency Stocks in the News: (NYSE: BEN) (NasdaqGS: PYPL) (NasdaqGS: COIN) (NasdaqGS: HUT)
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(00:00):
Welcome to today's edition of Cryptocorner atinvestridias dot com, news on what's driving
the cryptocurrency market. Hello everyone,this is Sam Mawers here. Welcome to
the latest episode of the Cryptocorner podcast. For news today, we've got commentary
(00:21):
from Lolly CEO Alex Adelman. PayPalhas added on and off ramps for Web
three payments, coin Base is integratingLightning Network, and hut eight has posted
its August results. But just beforewe get into that news, a quick
reminder for you that if you enjoythis podcast to please feel free to share
(00:41):
it or leave us a review,and as always, I recommend checking out
some of the other podcasts on investridiasdot com. This includes the Cannabis Podcast,
the Cleantech and Climate Change Podcast,along with many others, all of
which will bring you up to speedon the latest stop news and trends in
their respective spaces. Right So,Alex Aidelman, the CEO and founder of
(01:06):
bitcoin rewards app Lolly, That's lO l l I, has provided investrads
dot com with commentary regarding global investmentfirm Franklin Templeton's bitcoin ETF filing yesterday.
By the way, Franklin Templeton tradesas Franklin Resources on the NYS under the
ticker b e N. Alex Aidelmansays, quote, Franklin Templeton's moved to
(01:32):
file for a Bitcoin ETF adds newmomentum and urgency to the ongoing movement for
bitcoin ETF approvals. The filing fromthe one point five trillion dollar asset manager
also amplifies gray scales recent victory againstthe SEC, showing that the decision has
only boosted institutional optimism towards bitcoin ETFs. The fact that four of the top
(01:57):
ten asset managers with Franklin Templeton,alongside industry giants like Blackrock, Fidelity,
and invest Goo have joined this raceonly further underscores the growing recognition of bitcoin
as a desirable mainstream investment with strongglobal demand. Bitcoin's price has rallied on
the news of Franklin Templeton's filing,which shows that the markets are pricing in
(02:21):
this development as a powerful show offaith in bitcoin by one of the world's
biggest financial players. End quote.For more on Lally, visit www dot
Lolly That's Looli dot com. Nextup PayPal, which trades on the NASDAC
(02:42):
under the ticker symbol PYPL has announcedthe introduction of on and off ramps for
Web three payments in an effort toincrease access to digital currencies by simplifying how
wallets, DAPs, and NFT marketplacescan enable their customers to buy and sell
support crypto in the US. Accordingto the press release, the company had
(03:04):
previously launched on ramps to enable USconsumers to directly buy crypto with PayPal through
integrations with MetaMask and Ledger, butin adding off ramps, crypto wallet users
in the US can convert their cryptoto USD directly from their wallets into their
PayPal balance so they can shop,send, save, or transfer to their
(03:25):
bank or debit card end quote coinBase, which trades on the NASDAC under
the ticker coi N, is integratingLightning Network, the Layer two payment protocol
created to help solve bitcoin scalability problemand to compete against newer cryptocurrency projects that
(03:46):
promised comparatively faster and cheaper transactions.This is according to an article today from
coin Telegraph, coin based CEO BrianArmstrong posted on x formerly Twitter. Quote
coin is the most important asset incrypto, and we're excited to do our
part to enable faster and cheaper bitcointransactions. We'll take some time to integrate,
(04:09):
so please be patient and quote.Lastly, for today, Hot eight
Mining Corps, which trades on theNASDAC under the ticker HUT, has posted
its production and operations update for themonth of August twenty twenty three. Highlights
there include the mining of one hundredand three bitcoins and nine thousand, two
(04:30):
hundred fifty five bitcoins held in reserveas of the end of the month.
Jamie Leverton, the company's CEO,said, quote, Our nine thousand,
two hundred fifty five bitcoin held onthe balance sheet continues to provide Hot eight
and our shareholders with a strategic anddifferentiated advantage that we're bullish on as we
(04:53):
head into the having our progress towardcompleting our transaction with USBTC continue with our
shareholder meeting to approve the transaction setfor September twelfth. If all conditions are
met and approvals are attained, thenew Hot eight will have highly diversified FIAT
revenue streams, robust self mining capacity, and eight hundred twenty five megawatts of
(05:17):
total power under management. End quotethat does it for today's crypto quorum.
If you would like to be aguest or sponsor for this podcast, contact
in Investor Ideas dot com. TheBest Ideas reminds all listeners to read a
bay screeners and disclosures on the investoridiasdot com website. This podcast is not
endorsement to fire product services or securities. Investors are reminded all investment in volks
(05:42):
risk and possible boss in investment.To hear more Investor Ideas dot com podcasts,
please visit investor idias dot com,slash audio and a reminder. You
can also hear our podcasts on AmplePodcasts, Audible, Spotify, tune In,
Stitcher, Speaker dot com, iHeartRadio, who, Google Podcasts, and
most audio platforms available. This podcastwas sponsored by Aptech Payments Corp. Aptech
(06:09):
is an innovative fintech company whose missionis to deliver a better way for businesses
to provide their customers with immersive commerceexperiences. For more information, visit Appteccorp
dot com. Aptec trades on theMAZDAC under particular simle apc X
Welcome to today's edition of Cryptocorner atinvestridias dot com, news on what's driving
the cryptocurrency market. Hello everyone,this is Sam Mawers here. Welcome to
the latest episode of the Cryptocorner podcast. For news today, we've got commentary
(00:21):
from Lolly CEO Alex Adelman. PayPalhas added on and off ramps for Web
three payments, coin Base is integratingLightning Network, and hut eight has posted
its August results. But just beforewe get into that news, a quick
reminder for you that if you enjoythis podcast to please feel free to share
(00:41):
it or leave us a review,and as always, I recommend checking out
some of the other podcasts on investridiasdot com. This includes the Cannabis Podcast,
the Cleantech and Climate Change Podcast,along with many others, all of
which will bring you up to speedon the latest stop news and trends in
their respective spaces. Right So,Alex Aidelman, the CEO and founder of
(01:06):
bitcoin rewards app Lolly, That's lO l l I, has provided investrads
dot com with commentary regarding global investmentfirm Franklin Templeton's bitcoin ETF filing yesterday.
By the way, Franklin Templeton tradesas Franklin Resources on the NYS under the
ticker b e N. Alex Aidelmansays, quote, Franklin Templeton's moved to
(01:32):
file for a Bitcoin ETF adds newmomentum and urgency to the ongoing movement for
bitcoin ETF approvals. The filing fromthe one point five trillion dollar asset manager
also amplifies gray scales recent victory againstthe SEC, showing that the decision has
only boosted institutional optimism towards bitcoin ETFs. The fact that four of the top
(01:57):
ten asset managers with Franklin Templeton,alongside industry giants like Blackrock, Fidelity,
and invest Goo have joined this raceonly further underscores the growing recognition of bitcoin
as a desirable mainstream investment with strongglobal demand. Bitcoin's price has rallied on
the news of Franklin Templeton's filing,which shows that the markets are pricing in
(02:21):
this development as a powerful show offaith in bitcoin by one of the world's
biggest financial players. End quote.For more on Lally, visit www dot
Lolly That's Looli dot com. Nextup PayPal, which trades on the NASDAC
(02:42):
under the ticker symbol PYPL has announcedthe introduction of on and off ramps for
Web three payments in an effort toincrease access to digital currencies by simplifying how
wallets, DAPs, and NFT marketplacescan enable their customers to buy and sell
support crypto in the US. Accordingto the press release, the company had
(03:04):
previously launched on ramps to enable USconsumers to directly buy crypto with PayPal through
integrations with MetaMask and Ledger, butin adding off ramps, crypto wallet users
in the US can convert their cryptoto USD directly from their wallets into their
PayPal balance so they can shop,send, save, or transfer to their
(03:25):
bank or debit card end quote coinBase, which trades on the NASDAC under
the ticker coi N, is integratingLightning Network, the Layer two payment protocol
created to help solve bitcoin scalability problemand to compete against newer cryptocurrency projects that
(03:46):
promised comparatively faster and cheaper transactions.This is according to an article today from
coin Telegraph, coin based CEO BrianArmstrong posted on x formerly Twitter. Quote
coin is the most important asset incrypto, and we're excited to do our
part to enable faster and cheaper bitcointransactions. We'll take some time to integrate,
(04:09):
so please be patient and quote.Lastly, for today, Hot eight
Mining Corps, which trades on theNASDAC under the ticker HUT, has posted
its production and operations update for themonth of August twenty twenty three. Highlights
there include the mining of one hundredand three bitcoins and nine thousand, two
(04:30):
hundred fifty five bitcoins held in reserveas of the end of the month.
Jamie Leverton, the company's CEO,said, quote, Our nine thousand,
two hundred fifty five bitcoin held onthe balance sheet continues to provide Hot eight
and our shareholders with a strategic anddifferentiated advantage that we're bullish on as we
(04:53):
head into the having our progress towardcompleting our transaction with USBTC continue with our
shareholder meeting to approve the transaction setfor September twelfth. If all conditions are
met and approvals are attained, thenew Hot eight will have highly diversified FIAT
revenue streams, robust self mining capacity, and eight hundred twenty five megawatts of
(05:17):
total power under management. End quotethat does it for today's crypto quorum.
If you would like to be aguest or sponsor for this podcast, contact
in Investor Ideas dot com. TheBest Ideas reminds all listeners to read a
bay screeners and disclosures on the investoridiasdot com website. This podcast is not
endorsement to fire product services or securities. Investors are reminded all investment in volks
(05:42):
risk and possible boss in investment.To hear more Investor Ideas dot com podcasts,
please visit investor idias dot com,slash audio and a reminder. You
can also hear our podcasts on AmplePodcasts, Audible, Spotify, tune In,
Stitcher, Speaker dot com, iHeartRadio, who, Google Podcasts, and
most audio platforms available. This podcastwas sponsored by Aptech Payments Corp. Aptech
(06:09):
is an innovative fintech company whose missionis to deliver a better way for businesses
to provide their customers with immersive commerceexperiences. For more information, visit Appteccorp
dot com. Aptec trades on theMAZDAC under particular simle apc X
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