Vancouver, Kelowna, Delta, BC – December 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.
Today’s podcast is sponsored by Fintech Company AppTech Payments Corp. (NasdaqCM:APCX).
The Investor ideas Crypto Corner was named one of 14 Best Crypto & Blockchain Podcasts for Jun 2022: https://www.yoreoyster.com/blog/best-crypto-podcasts/
Listen to today’s Crypto Corner Podcast:
Crypto Corner Podcast 909: Stocks discussed: (NYSE: BKKT) (OTC: BFCH)
Stocks discussed: (NYSE:BKKT) (OTC:BFCH)
As shared last week, we wanted to see Bitcoin maintain the $17k threshold, which it has managed to do. However, the FOMC [Federal Open Market Committee] on the 14th , remains a key event, preceded by the CPI release on the 13th and the jobs report on the 15th. With these key events coming up, volatility is expected but the bias remains to the upside and we’d like to see $20K on the top and respect for $16K at the bottom.
As for the market pricing in a 50bps hike. We believe it is expected by now and the price action is a result of it, but the market could rise further upon the announcement.
For more from Joe DiPasquale, please visit bitbullcapital.com.
Bakkt Holdings, Inc. (NYSE:BKKT) has posted findings from its “Bi-Annual U.S. Consumer Crypto Sentiment Study,” which looks at more than 2,000 U.S. consumers who own crypto or are interested in crypto, along with their various sentiments regarding crypto. According to the press release, an “additional short-term assessment of more than 1,000 consumers after the collapse of FTX who own or are interested in crypto was also fielded to understand the impact of the FTX collapse on initial findings.” Notably it found that, “despite the recent FTX collapse, future purchase consideration of crypto holds steady for both crypto owners and crypto curious, with only a 7% decline in future consideration for crypto owners and a surprising 2% increase for crypto curious.” Bakkt’s CEO Gavin Michael said:
“The results of the study confirm that cryptocurrency is increasingly appealing and not significantly impacted by the recent failure of FTX. We do not see signals of a market exit. Regulation and security come through as top concerns and illustrate why Bakkt’s thoughtful approach to risk aligns with crypto owners’ values and concerns.”
BitFrontier Capital Holdings, Inc. (OTC:BFCH) has announced that the remaining parts for its Liquid Immersion Cooling system have been ordered from Engineered Fluids Inc., which will enable the company’s miners to be cooled by being placed in the tanks. A quote from the press release reads:
“Our goal is to make this first facility a state of the art, best in class mining facility which will pay off for us and our shareholders. In preparation for the installation of our electrical transformer and facility cooling system, last week we removed the old warehouse structure that was located adjacent to our mining facility. The site has been prepped and we will have two concrete pads for the cooler & transformer poured later this week.”
Sam Mowers, Investorideas
For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory
AppTech Payments Corp. (NasdaqCM:APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with immersive commerce experiences. Commerse(TM), its all-new, patent-backed technology platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable, cross-border digital banking, text-to-pay, crypto payments and merchant services altogether from a single, unified stack designed to increase operational efficiencies and growth for businesses while providing the economic convenience that their customers demand from today’s commerce experiences. For more information, visit apptechcorp.com.
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