Point Roberts, WA and Delta, BC – August 11, 2021 (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.

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Crypto Corner Podcast 651: Stocks discussed: (NasdaqGS: COIN) (NasdaqGS: RIOT) (CSE: BIGG)


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Stocks discussed: (NasdaqGS:COIN) (NasdaqGS:RIOT) (CSE:BIGG)

Coinbase (NasdaqGS:COIN) released a shareholder letter giving results for its second quarter 2021. The company saw a 44 percent increase in retail monthly transacting users (MTUs) to 8.8 million, generated $2.0 billion in net revenue, including $1.9 billion in transaction revenue and over $100 million in subscription and services revenue. An excerpt from the letter’s Closing Thoughts portion reads:

Q2 was a strong quarter for Coinbase with a record number of users engaging more deeply in our products and services. A recent survey from the University of Chicago suggests 13% of Americans have traded crypto assets in the last year compared to 24% for stocks. These adoption trends paired with recent government attention on crypto as a revenue source suggests we have reached an inflection point. Crypto has arrived.

Riot Blockchain, Inc. (NasdaqGS:RIOT) has reported its July production and operations updates. Highlights include the production