Vancouver, Kelowna, Delta, BC – December 19, 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/
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Crypto Corner Podcast 911: Stocks discussed: (OTC: VYGVQ) (TSXV: LQWD)
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Stocks discussed: (OTC:VYGVQ) (TSXV:LQWD)
Voyager Digital Ltd. (OTC:VYGVQ) has announced an agreement wherein Binance.US (BAM Trading Services Inc.) will acquire its assets. Binance.US is headquartered in Palo Alto, California, and is an independent legal entity and has a licensing agreement with Binance.com. According to the press release, the bid from Binance.US “is valued at approximately $1.022 billion,” and comprises the fair market value of Voyager’s cryptocurrency portfolio at a to-be-determined date in the future, which at current market prices is estimated to be $1.002 billion, plus additional consideration equal to $20 million of incremental value.
LQwD FinTech Corp. (TSXV:LQWD) has released a new and updated version of lqwd.tech, the company’s “proprietary, non-custodial Lightning Network Software as a Service platform (SaaS),” making it easier for institutions, businesses, and users, to integrate and use the Lightning Network, which facilitates faster Bitcoin (BTC) transactions. The company’s CEO, Shone Anstey, said:
“We are very excited for the release of the updated version of our Lightning Network platform, lqwd.tech. We have learned a lot and made vast improvements to the platform and LQwD as a company has become a key player on the Lightning Network through its global routing nodes and our easy to use platform.”
A report published by Grand View Research finds that the global market for Crypto ATMs is projected to grow from $75 million USD in 2021 to about $5.45 billion by 2030, registering a compound annual growth rate (CAGR) of 61.7 percent in the forecast period 2022-30. This growth is attributed to: the increasing installation of crypto ATMs across the globe, investments from venture capital firms, the legalization of cryptocurrency across several countries, and the general growth in popularity of cryptocurrencies. An excerpt from the report’s summary reads:
According to Chainalysis 2022 Global Crypto Adoption Index, users from lower-middle and upper-middle-income countries, including Vietnam, Philippines, Thailand, and Brazil, among others utilize cryptocurrency for various purposes such as sending remittances and preserving savings in times of fiat currency volatility, among others. The crypto ATMs supporting the remittance and cryptocurrency purchase options allow users to utilize crypto ATMs for processing remittances and purchasing cryptocurrency.
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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