Call 888-776-0942 from 8 a.m. to 10 p.m. Eastern Time
Palm Beach, Florida, December 13, 2021/PRNewswire/-The adoption of cryptocurrencies is growing globally and is expected to continue to increase as institutional investors join the trend. In fact, Cathie Wood, a US investor and CEO of Ark Invest, stated that as institutional investors begin to allocate more investment in the crypto sector, the price of Bitcoin may rise to $550,000. Wood stated that institutions have been looking for investments unrelated to traditional asset classes, and cryptocurrencies meet that requirement. The growing interest in this field will not only push the price of Bitcoin to new highs, but also enable companies such as Mobilum Technologies Inc. (CSE:MBLM)(OTCPK:MBLMF), One World Universe Inc. (OTCPK:OWUV), Coinbase Global, etc. Benefit (NASDAQ: COIN), DMG Blockchain (TSX: DMG) (OTC: DMGGF) and Bit Digital (NASDAQ: BTBT).
Mobilum Technologies Inc. (CSE:MBLM) (OTC:MBLMF) is a technology-driven company that provides traditional financial services through digital payment infrastructure and digital asset management technology. The company continues to expand its market influence and contribute to the world Consumers everywhere provide access to market through its on-ramp and off-ramp solutions.
On December 13, Mobilum announced that it had signed an agreement to integrate off-ramp services into the Ledger Live Platform, digital assets and web3 gateways. According to the terms of the agreement, Mobilum will integrate its gift card output widget directly in the Ledger app.
"We are very happy to integrate our ramp solution into Ledger, which is one of the largest hardware wallet ecosystems in the world. By providing our gift card solution, Ledger users will have more options to convert their cryptocurrency Back to fiat currency," said Mobilum CEO Wojciech Kazitsky.
Through cooperation with Phaze and Mobilum, Ledger Live customers will be able to take full advantage of their cryptocurrency. Thanks to Phaze, all Ledger customers will be able to issue digital gift cards, digital payment cards or prepaid digital mobile top-ups to more than 2,000 brands and 500 mobile operators.
In early December, Mobilum successfully integrated and launched its fiat-to-cryptocurrency entry widget (SEO) and IT on the BTSE exchange (a leading digital asset platform for multi-currency spot and futures trading) and JoomAce, a company mainly engaged in search engine optimization. The field of web development.
Mobilum continues to work with large partners to operate its digital payment infrastructure and expects its transaction volume pipeline (TTV) to increase in the next quarter. On December 1, 2021, Mobilum signed an agreement with Wyre, a leading payment and encryption infrastructure company, to help accelerate the company's expansion in the United States. By integrating Wyre's API, Mobilum will be able to access Wyre's ACH payment track, and will be able to process automated clearing house (ACH) transactions for US customers on its entry and exit platforms, thereby enabling the company to enter the US market
For more information about Mobilum Technologies (CSE:MBLM) (OTC:MBLMF), click here.
Crypto companies have been active in the past few weeks
One World Universe (OTC: OWUV) announced on December 10 that it would purchase 106 properties in a new Metaverse real estate game called Upland. To diversify its Metaverse Holding Inc. virtual real estate portfolio, the company has acquired 46 properties in Brooklyn and Staten Island in New York City, 47 properties in Chicago, Illinois, and 4 properties in Nashville, Tennessee , Acquired 9 properties in Santa Clara, California. A day ago, One Word Universe signed an agreement with celebrity photographer and meta festival developer Gabriel Di Sante. The company will collaborate with Di Sante on projects that include 3D virtual experiences for celebrity music artists, including NFTs, meet-and-greets, and autographed souvenirs.
Coinbase Global (NASDAQ: COIN), the largest cryptocurrency exchange in the United States, has just launched its first DeFi revenue product, which allows non-US customers to earn the stability of their holdings through third-party decentralized financial platforms Currency interest. In November, Coinbase Global added a series of social network features, one of which will make it easier for traders to share information about their distribution on platforms such as Instagram and Twitter. The share button will allow traders to itemize the tokens they own on social media.
DMG Blockchain (TSXV:DMG) (OTCQB:DMGGF) has purchased 1,800 Bitmain Antminer S19 XP 140 Th mining machines, Bitmain's next generation mining machines. These machines will be delivered in July next year and will generate an additional 252 Ph/s. The new machine will bring the total number of DMGs to slightly more than 1 Eh/s, including its existing Bitmain S19 order. The Canadian mining company will also grant nearly 3 million stock options to its directors and employees, which can be exercised at a price of $1.20 per share within three years.
Bit Digital (NASDAQ: BTBT) is a Bitcoin listed company headquartered in New York. It announced on December 7 that at the invitation of founding member Michael Saylor, it has become a Bitcoin mining company. Member of the Committee (BMC). Bit Digital will join MicroStrategy and founding members Argo Blockchain, Core Scientific, Marathon Digital Holdings, Riot Blockchain and Galaxy Digital. As of September 30, 2021, this crypto company has 27,744 miners and earned 248.36 Bitcoins. This quarter, Bit Digital signed two new custody agreements in the United States, adding 135 megawatts of power capacity.
Mobilum Technologies Inc. (CSE:MBLM)(OTC:MBLMF) provides the lowest rates in the market with its fast-growing digital fiat-to-digital downhill solution, and has a variety of catalysts to push it to the next level.
Disclaimer: FN Media Group LLC (FNM) owns and operates Financialnewsmedia.com and MarketNewsUpdates.com. It is a third-party publisher and news dissemination service provider that disseminates electronic information through multiple online media channels. FNM is not affiliated in any way with any of the companies mentioned here. FNM and its affiliates are news dissemination solution providers, not registered brokers/dealers/analysts/consultants, do not sell, offer to sell, or offer to buy any securities without an investment license. FNM's market updates, newsletters, and company profiles are not solicitations or recommendations to buy, sell, or hold securities. The material in this press release is intended to provide strict information and must not be construed as research material. It is strongly recommended that all readers conduct their own research and due diligence, and consult a licensed financial professional before considering any level of stock investment. All materials contained herein are republished content and detailed information, which have been previously disseminated by the company mentioned in this press release. FNM is not responsible for any investment decisions made by its readers or subscribers. Investors should be aware that investing in stocks may lose all or part of their investment. For the services currently performed, FNM has received a compensation of US$2,500 for the news coverage of the current press release issued by Mobilum Technologies Inc. by a non-affiliated third party. FNM does not hold shares in any of the companies mentioned in this press release.
This press release contains "forward-looking statements" as referred to in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made in accordance with the safe harbor provisions of 1995 The provisions of the Private Securities Litigation Reform Act. "Forward-looking statements" describe future expectations, plans, results or strategies, usually beginning with words such as "may", "future", "plan" or "plan", "will" or "should", "expect", " Expected, "Draft," "Final," or "Forecast." Please note that such statements are subject to a variety of risks and uncertainties, which may cause future conditions, events or results to be materially different from those predicted in the forward-looking statements, including the risk that actual results may differ materially from the forecasts. In the statement, due to various factors and other risks identified in the company's annual report 10-K or 10-KSB and other documents submitted by the company to the US Securities and Exchange Commission. When evaluating the forward-looking statements contained herein, you should consider these factors and do not place undue reliance on such statements. The forward-looking statements in this press release were made on the date of this press release, and FNM assumes no obligation to update such statements.
Media Contact Email: [Email Protection]-+1(561)325-8757
More news releases on similar topics
Cision Distribution 888-776-0942 8 a.m. to 9 p.m. Eastern Time