Vancouver, Kelowna, Delta, BC – April 29, 2022 (Investorideas.com Newswire) Investorideas.com, a frontrunner in crypto and blockchain investing information brings you immediately’s version of the Crypto Corner podcast and commentary on what’s driving cryptocurrency shares and the crypto market.
Hearken to immediately’s Crypto Nook Podcast:
Crypto Nook Podcast 826: Shares mentioned: (NasdaqGS: HOOD) (NasdaqCM: BTBT) (TSXV: LQWD) (NYSE: V)
Shares mentioned: (NasdaqGS:HOOD) (NasdaqCM:BTBT) (TSXV:LQWD) (NYSE:V)
Robinhood (NasdaqGS:HOOD) has announced its monetary outcomes for the primary quarter ended March 31, 2022. The corporate noticed a 43 p.c lower in whole web revenues to $299 million, and a 48 p.c lower in transaction-based revenues to $218 million. With regard to the latter, income from cryptocurrency-based transactions decreased 39 p.c to $54 million. Vlad Tenev, CEO and Co-Founding father of Robinhood Markets, stated:
“This quarter noticed our product improvement engine achieve velocity with the rollout of a few of our most requested options and capabilities. With the introduction of the Robinhood Money Card, the discharge of crypto wallets to all clients, the addition of latest cash to our platform, and our settlement to accumulate Ziglu Restricted, we have made big strides towards our roadmap. Trying forward, now we have a set of latest services and products slated for launch that we consider will excite and delight our clients.”
Bit Digital, Inc. (NasdaqCM:BTBT) has reported its unaudited Bitcoin (BTC) manufacturing and mining operations replace for the primary quarter ended March 31, 2022. Highlights embody the manufacturing of 194.48 BTC and 189.26 Ethereum (ETH). Administration commentary from the press launch reads:
“In the course of the first quarter of 2022, we achieved marked progress, with our deployed mining fleet rising over 35% sequentially. Visibility is enhancing, and we consider our deployment cadence is poised to enhance considerably over the approaching months. We proceed to focus on the second half of 2022 for full fleet deployment. We consider 2022 shall be one more transformative yr for Bit Digital as we obtain our redeployment targets, execute extra development initiatives, and progress in direction of our aim for our mining operations to turn into completely carbon-free.”
LQwD FinTech Corp. (TSXV:LQWD) has joined Visa’s (NYSE:V) Fintech Quick Observe program. This, based on the press launch, will give LQwD entry to “the attain, capabilities, and safety of Visa’s international fee community,” enabling it “to speed up the method of bringing Bitcoin to the plenty.” Terry Angelos, SVP and International Head of Fintech, Visa, stated:
“By becoming a member of Visa’s Quick Observe program, thrilling fintech corporations like LQwD achieve helpful entry to Visa specialists, expertise and sources. Quick Observe lets us present new sources that quickly rising corporations have to scale with effectivity.”
Sam Mowers, Investorideas
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