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New Data from Gladly Highlights Changing Customer Service Expectations…

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Gladly, the customer service platform that helps brands deliver a more personalized customer experience, released its fifth annual Customer Expectations Report today, revealing what today’s consumer wants from brands, especially when shopping online. According to the data, while 83% of customers will spend more money with brands that deliver great online customer service, nearly a third of customers (28%) say their customer service expectations are not being met. Customers’ top reasons for this dissatisfaction include having to explain their issue over and over again (73%) and having to know their ticket number (21%). What’s more concerning for brands, nearly half of consumers surveyed (45%) will never shop with a brand again after two negative service experiences.

“The past year has profoundly changed the way consumers shop, with e-commerce jumping a century of ahead of where it was just twelve months ago due to pandemic-driven store closures and the first all-online holiday season,” said Joseph Ansanelli, CEO of Gladly. “In the past year, 45% of consumers have contacted a company’s customer service department at least twice and another 35% have reached out three to five times. This is where brand loyalty is being created – or destroyed. Online retailers must make personalized, cross-channel service the norm, not the exception.”

Knowledgeable – and Fast – Reps Drive Revenue

According to the report, the top three things customers expect when chatting online with a customer service representative about a potential product purchase include: 1) the rep is a knowledgeable expert on the product in question (78%); 2) the rep can recommend other products they know the customer will like (34%); and 3) the rep is willing to spend extra time consulting on other options (21%).

Of those surveyed, 46% expect customer representatives to respond within a minute of initiating live chat. Additionally, an overwhelming 62% of shoppers want to complete their purchase during the live chat conversation with a customer service representative versus still having to navigate through the shopping cart process.

The Verdict is Out on Chatbots

Chatbots have become an online customer service staple, yet consumers have mixed feelings about the technology, finding them both helpful and frustrating depending on their situation. 53% of customers found chatbots most helpful when they don’t want to talk to – or wait for – a real person or just need a simple question answered as quickly as possible (51%). Chatbots are most frustrating for customers when they present an obstacle to speaking with a human representative (43%) or when they make consumers feel like a number vs. a valued customer (52%).

Changing the Customer Service Channel

Phone and email, traditionally the most common ways of contacting customer service, are seeing less and less usage by consumers as digital channels rise in popularity. Phone as a customer service channel is down 11% year over year (48% vs. 37%) while email also saw a drop from 17% in the beginning of 2020 to 15% at the end of the year. Live website chat and text saw the biggest increases, up 5% and 3% year-over-year, respectively.

Methodology

Zogby Analytics conducted the nationwide, online survey in December 2020 on behalf of Gladly. Thousands of U.S. adults were invited to participate in the interactive survey, yielding 1507 total respondents. To download the report, visit: https://www.gladly.com/reports/2021-customer-expectations-report/

About Gladly

Gladly is the only platform making customer service Radically Personal by allowing agents to communicate with customers seamlessly across channels. Gladly centers customer service around the person, not a case or ticket number, giving agents full visibility of customers in a single view. With Gladly, the world’s most innovative consumer companies like JetBlue, JOANN, and TUMI develop lifelong customer relationships, not one-off experiences. Based in San Francisco, Gladly was founded in 2014 and is privately backed by industry leaders including Greylock, GGV Capital, NEA, and JetBlue Ventures.

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Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.prweb.com/releases/new_data_from_gladly_highlights_changing_customer_service_expectations_amid_ecommerce_explosion_nearly_a_third_of_customers_service_needs_still_unmet/prweb17780607.htm

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Online Grocery Delivery Marketplace, GoCart.city Appoints Chef Grace Di Fede as Corporate Executive Chef

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Toronto, Ontario, April 19, 2021 – OTC PR WIRE – Two Hands Corporation, (OTC Pink: TWOH) Gocart.city division, announced that it has appointed Grace Di Fede as our new Corporate Executive Chef. Chef Di Fede brings over 18 years of hospitality and diverse culinary experience to GoCart.city, as well as international experience having worked in both The Netherlands and Italy.

“We’re excited Chef Di Fede will be joining our rapidly growing team,” says Nadia Bashir, Director of Marketing at Gocart.city. “Her breadth of culinary knowledge is truly exquisite. She will undoubtedly transform our culinary process by cultivating dishes from the past and the future of food.”

Di Fede will be curating specialty recipes and meals for the online grocery marketplace, as well as our brick and mortar location set to open later this week, Grocery Originals. She will be focused on traditional, cultural dishes and diet-friendly dishes.

In addition to her culinary experience, Di Fede was awarded the Chef de Cuisine Certification (CCC), sanctioned by the Canadian Culinary Federation. Known as one of the highest achievements and honours for a Canadian Chef, Di Fede will be applying her knowledge and expertise to innovate GoCart.city’s culinary offering.

“I’m looking forward to being a part of the GoCart team!” Di Fede states. “I’m thrilled to expand my presence through this partnership, and am looking forward to sharing my passion for food with the GoCart.city community.”

Prior to joining Gocart’s team, Di Fede worked as Sous Chef, Chef de Cuisine, and Executive Sous Chef with the InterContinental Toronto Centre. She has also worked for other recognizable hotel chains like The Hilton and Sheraton Hotels. She has also been the recipient of two accolades from the Toronto Culinary Salon and the Junior Knorr Culinary Challenge.

About Gocart.city 

Gocart.city, a division of Two Hands Corp. (OTC Pink: TWOH) is an online grocery delivery market that services the Greater Toronto Area and beyond. They curate and deliver the freshest produce and speciality foods in Southern Ontario. To learn more about Gocart.city, please visit www.gocart.city.

About Two Hands Corporation

Two Hands Corporation is a custom application development company with proven numerous technological competencies in digital technologies. The company delivers diversified and top-quality solutions to companies in North America. Please visit our website at www.twohandsgroup.com

This press release contains forward-looking statements that involve a number of risks and uncertainties. Any statement not regarding a historical fact is a forward-looking statement. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, the company’s ability to finance its planned expansion efforts; the company’s ability to raise funds on acceptable terms; the company’s ability to successfully adapt its business model and such other risks disclosed from time to time in the company’s reports filed with the securities and exchange commission including those on the company’s annual report on form 10-K. The company does not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in management’s expectations, except as required by law.

CONTACT:

Two Hands Corporation
IR@twohandsapp.com
www.twohandsgroup.com

www.gocart.city

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://otcprwire.com/online-grocery-delivery-marketplace-gocart-city-appoints-chef-grace-di-fede-as-corporate-executive-chef/

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Crypto Stocks in Focus after Flash Crash Clears Spec Excess (NASDAQ: COIN) (NASDAQ: RIOT) (NASDAQ: CAN) (OTC US: ISWH) (NASDAQ: MSTR) (NASDAQ: PYPL)

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The Bitcoin correction is upon us after the Coinbase Global Inc (NASDAQ:COIN) direct offering. The hype surrounding that process likely pulled in a lot of fast and loose money, which is now on its way out the door in violent fashion.

The weekend featured what can only be described as a flash crash, as Bitcoin fell nearly 13% in less than 30 minutes on Sunday morning when it broke through it primary upward trendline in place since mid-December, when it was still under the $20k level.

The catalyst was likely technical but inextricably tied to the excess of recent speculative inflows following its breakout about the $62k level into the COIN listing.

That will likely present a tough opening for mainstays in the space on the equities side such as Square Inc (NYSE:SQ), Paypal Holdings Inc, (NASDAQ:PYPL), and MicroStrategy Incorporated (NASDAQ:MSTR).

However, the flip side of the coin as also very present: the shakeout in play right now will create fresh opportunities in the space and may provide interested speculators with choice levels in emerging names, such as Riot Blockchain Inc (NASDAQ:RIOT), ISW Holdings Ord Shs (OTCMKTS:ISWH), and Canaan Inc – ADR (NASDAQ:CAN).

Riot Blockchain Inc (NASDAQ:RIOT) is expanding and upgrading its mining operations by securing the most energy efficient miners currently available. The company also holds certain non-controlling investments in blockchain technology companies.

Riot is headquartered in Castle Rock, Colorado, and the company’s mining facility operates out of upstate New York, under a co-location hosting agreement with Coinmint.

Riot Blockchain Inc (NASDAQ:RIOT) recently announced that it will achieve an estimated hash rate capacity of 1.06 Exahash per second with the deployment of the newly received 2,002 S19 Pro Antminers.

“Exceeding 1 EH/s in hash rate capacity marks a major milestone for the Company,” said Jason Les, CEO of Riot. “While we are proud of this accomplishment, we view it as the successful completion of just one of many steps of our ongoing growth plan. Riot continues to receive and deploy next-generation miners from Bitmain and remains on schedule to more than triple our currently deployed capacity by the fourth quarter of 2021.”

While this is a clear factor, it has been incorporated into a trading tape characterized by a pretty dominant offer, which hasn’t been the type of action RIOT shareholders really want to see. In total, over the past five days, shares of the stock have dropped by roughly -10% on above average trading volume. All in all, not a particularly friendly tape, but one that may ultimately present some new opportunities.

Riot Blockchain Inc (NASDAQ:RIOT) managed to rope in revenues totaling $5.3M in overall sales during the company’s most recently reported quarterly financial data — a figure that represents a rate of top line growth of 340.7%, as compared to year-ago data in comparable terms. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($235M against $2.4M).

ISW Holdings (OTCMKTS:ISWH) has made a serious cryptocurrency mining investment over the past year and now has strong and growing mining capacity and equipment deals in the works, with operations in partnership with Bit5ive in Pennsylvania and a coming footprint in Georgia.

When Bitcoin was still at $10k/coin, ISWH was engaged in a long-term strategy to drive shareholder value in the space with its POD5IVE strategy. Based on publicly available information, the company is on track for very strong growth in 2021 based on the launch and ramp-up of its crypto operations.

ISW Holdings (OTCMKTS:ISWH) conducts mining through its Proceso POD5IVE mining pod, a fully self-contained high-PUE mining solution designed, assembled, and installed in partnership with Bit5ive at the Bit5ive 100 MW renewable energy cryptocurrency mining facility in Pennsylvania.

It has since tripled its fleet of mining pods. Each pod is powered by 280 mining rigs and is capable of driving roughly $2.9 million in annualized revenues (at current cryptocurrency price levels).

ISW Holdings continues to build out its own mining capacity, with plans to bring multiple additional pods online this year. However, data from pod mining operations is also being collected for the purpose of marketing the POD5IVE datacenter to other businesses and individuals interested in a self-contained industry-leading cryptocurrency mining solution.

ISW Holdings (OTCMKTS:ISWH) also continues to make good on its Anti-Dilution Initiative, which was established in 2020. To date, the Company has reduced outstanding shares by nearly 25%, reduced authorized shares by 88% down to 60 million, and eliminated over $3.4 million (or 94%) of outstanding convertible debt. As noted in its recent corporate update, the Company anticipates at least threefold growth in topline performance in 2021 versus 2020 as its expanding crypto mining operations fully ramp up.

Canaan Inc – ADR (NASDAQ:CAN) bills itself as a company that provides high-performance computing solutions to efficiently solve complex problems. In 2016, Canaan successfully initiated the production of its first 16nm chip and passed the test to receive China’s national high-tech enterprise certification. In 2018, Canaan achieved major technological breakthroughs to launch the K210, the world’s first-ever RISC-V-based edge artificial intelligence (AI) chip, which is now widely used for access control in situations such as smart door locks and more.

Canaan Inc. is currently focused on the research and development of advanced technology, including such areas as AI chips, AI algorithms, AI architectures, system on a chip (SoC) integration and chip integration. Using the AI chip as its base, Canaan Inc. has established an intellectual value chain. Canaan Inc. also provides a suite of AI service solutions and is able to tailor these solutions to the needs of its partners.

Canaan Inc – ADR (NASDAQ:CAN) most recently announced its unaudited financial results for the three months and twelve months ended December 31, 2020, including: Total computing power sold was 0.2 million Thash/s, representing a year-over-year decrease of 93.1% from 2.9 million Thash/s in the same period of 2019 and a quarter-over-quarter decrease of 93.1% from 2.9 million Thash/s in the third quarter of 2020; Total net revenues decreased to RMB38.2 million (US$5.9 million) from RMB463.2 million in the same period of 2019 and RMB163.0 million in the third quarter of 2020; and Gross profit was RMB9.1 million (US$1.4 million) compared to a gross loss of RMB673.4 million in the same period of 2019 and a gross loss of RMB17.0 million in the third quarter of 2020.

Mr. Nangeng Zhang, Chairman and Chief Executive Officer of Canaan, commented, “Although the outbreak of COVID-19 caused supply chain disruptions and thus negatively impacted our revenues in the fourth quarter of 2020, our market leadership has enabled us to attain US$174 million of contracted orders with US$66 million of cash advance from customers as of December 31, 2020, thus laying a solid foundation for substantial revenue growth in 2021. During the fourth quarter, we fueled our overseas expansion, invested in our R&D capabilities, refined our supply chain management, and started mass production of our next-generation A12 series of bitcoin mining machines. All of those efforts have enabled us to begin delivering the A12 series of products at a large scale in the first quarter of 2021. In addition to fortifying our core mining machine business, we also achieved meaningful progress in our AI and Artificial IoT segments, both of which we believe have solid growth potential. After deep analysis of specific application use cases and the current market demand for computing power, we designed two new series of AI chips that will be in production in the second half of 2021.”

While this is a clear factor, it has been incorporated into a trading tape characterized by a pretty dominant offer, which hasn’t been the type of action CAN shareholders really want to see. In total, over the past five days, shares of the stock have dropped by roughly -27% on above average trading volume.

Canaan Inc – ADR (NASDAQ:CAN) pulled in sales of $23.6M in its last reported quarterly financials, representing top line growth of 308.3%. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($56.7M against $24.4M).

DISCLAIMER:  EDM Media LLC (EDM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  EDM is NOT affiliated in any manner with any company mentioned herein.  EDM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  EDM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  EDM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed EDM has been compensated seven hundred fifty dollars for news coverage of the current press releases issued by ISW Holdings (OTCMKTS:ISWH) by a third party.

EDM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and EDM undertakes no obligation to update such statements.

Media Contact:

EDM Media LLC

Email: IR@EDM.Media

Office: 800-301-7883

EDM.Media

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://otcprwire.com/crypto-stocks-in-focus-after-flash-crash-clears-spec-excess-nasdaq-coin-nasdaq-riot-nasdaq-can-otc-us-iswh-nasdaq-mstr-nasdaq-pypl/

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Crypto Stocks in Focus after Flash Crash Clears Spec Excess (NASDAQ: COIN) (NASDAQ: RIOT) (NASDAQ: CAN) (OTC US: ISWH) (NASDAQ: MSTR) (NASDAQ: PYPL)

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The Bitcoin correction is upon us after the Coinbase Global Inc (NASDAQ:COIN) direct offering. The hype surrounding that process likely pulled in a lot of fast and loose money, which is now on its way out the door in violent fashion.

The weekend featured what can only be described as a flash crash, as Bitcoin fell nearly 13% in less than 30 minutes on Sunday morning when it broke through it primary upward trendline in place since mid-December, when it was still under the $20k level.

The catalyst was likely technical but inextricably tied to the excess of recent speculative inflows following its breakout about the $62k level into the COIN listing.

That will likely present a tough opening for mainstays in the space on the equities side such as Square Inc (NYSE:SQ), Paypal Holdings Inc, (NASDAQ:PYPL), and MicroStrategy Incorporated (NASDAQ:MSTR).

However, the flip side of the coin as also very present: the shakeout in play right now will create fresh opportunities in the space and may provide interested speculators with choice levels in emerging names, such as Riot Blockchain Inc (NASDAQ:RIOT), ISW Holdings Ord Shs (OTCMKTS:ISWH), and Canaan Inc – ADR (NASDAQ:CAN).

Riot Blockchain Inc (NASDAQ:RIOT) is expanding and upgrading its mining operations by securing the most energy efficient miners currently available. The company also holds certain non-controlling investments in blockchain technology companies.

Riot is headquartered in Castle Rock, Colorado, and the company’s mining facility operates out of upstate New York, under a co-location hosting agreement with Coinmint.

Riot Blockchain Inc (NASDAQ:RIOT) recently announced that it will achieve an estimated hash rate capacity of 1.06 Exahash per second with the deployment of the newly received 2,002 S19 Pro Antminers.

“Exceeding 1 EH/s in hash rate capacity marks a major milestone for the Company,” said Jason Les, CEO of Riot. “While we are proud of this accomplishment, we view it as the successful completion of just one of many steps of our ongoing growth plan. Riot continues to receive and deploy next-generation miners from Bitmain and remains on schedule to more than triple our currently deployed capacity by the fourth quarter of 2021.”

While this is a clear factor, it has been incorporated into a trading tape characterized by a pretty dominant offer, which hasn’t been the type of action RIOT shareholders really want to see. In total, over the past five days, shares of the stock have dropped by roughly -10% on above average trading volume. All in all, not a particularly friendly tape, but one that may ultimately present some new opportunities.

Riot Blockchain Inc (NASDAQ:RIOT) managed to rope in revenues totaling $5.3M in overall sales during the company’s most recently reported quarterly financial data — a figure that represents a rate of top line growth of 340.7%, as compared to year-ago data in comparable terms. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($235M against $2.4M).

ISW Holdings (OTCMKTS:ISWH) has made a serious cryptocurrency mining investment over the past year and now has strong and growing mining capacity and equipment deals in the works, with operations in partnership with Bit5ive in Pennsylvania and a coming footprint in Georgia.

When Bitcoin was still at $10k/coin, ISWH was engaged in a long-term strategy to drive shareholder value in the space with its POD5IVE strategy. Based on publicly available information, the company is on track for very strong growth in 2021 based on the launch and ramp-up of its crypto operations.

ISW Holdings (OTCMKTS:ISWH) conducts mining through its Proceso POD5IVE mining pod, a fully self-contained high-PUE mining solution designed, assembled, and installed in partnership with Bit5ive at the Bit5ive 100 MW renewable energy cryptocurrency mining facility in Pennsylvania.

It has since tripled its fleet of mining pods. Each pod is powered by 280 mining rigs and is capable of driving roughly $2.9 million in annualized revenues (at current cryptocurrency price levels).

ISW Holdings continues to build out its own mining capacity, with plans to bring multiple additional pods online this year. However, data from pod mining operations is also being collected for the purpose of marketing the POD5IVE datacenter to other businesses and individuals interested in a self-contained industry-leading cryptocurrency mining solution.

ISW Holdings (OTCMKTS:ISWH) also continues to make good on its Anti-Dilution Initiative, which was established in 2020. To date, the Company has reduced outstanding shares by nearly 25%, reduced authorized shares by 88% down to 60 million, and eliminated over $3.4 million (or 94%) of outstanding convertible debt. As noted in its recent corporate update, the Company anticipates at least threefold growth in topline performance in 2021 versus 2020 as its expanding crypto mining operations fully ramp up.

Canaan Inc – ADR (NASDAQ:CAN) bills itself as a company that provides high-performance computing solutions to efficiently solve complex problems. In 2016, Canaan successfully initiated the production of its first 16nm chip and passed the test to receive China’s national high-tech enterprise certification. In 2018, Canaan achieved major technological breakthroughs to launch the K210, the world’s first-ever RISC-V-based edge artificial intelligence (AI) chip, which is now widely used for access control in situations such as smart door locks and more.

Canaan Inc. is currently focused on the research and development of advanced technology, including such areas as AI chips, AI algorithms, AI architectures, system on a chip (SoC) integration and chip integration. Using the AI chip as its base, Canaan Inc. has established an intellectual value chain. Canaan Inc. also provides a suite of AI service solutions and is able to tailor these solutions to the needs of its partners.

Canaan Inc – ADR (NASDAQ:CAN) most recently announced its unaudited financial results for the three months and twelve months ended December 31, 2020, including: Total computing power sold was 0.2 million Thash/s, representing a year-over-year decrease of 93.1% from 2.9 million Thash/s in the same period of 2019 and a quarter-over-quarter decrease of 93.1% from 2.9 million Thash/s in the third quarter of 2020; Total net revenues decreased to RMB38.2 million (US$5.9 million) from RMB463.2 million in the same period of 2019 and RMB163.0 million in the third quarter of 2020; and Gross profit was RMB9.1 million (US$1.4 million) compared to a gross loss of RMB673.4 million in the same period of 2019 and a gross loss of RMB17.0 million in the third quarter of 2020.

Mr. Nangeng Zhang, Chairman and Chief Executive Officer of Canaan, commented, “Although the outbreak of COVID-19 caused supply chain disruptions and thus negatively impacted our revenues in the fourth quarter of 2020, our market leadership has enabled us to attain US$174 million of contracted orders with US$66 million of cash advance from customers as of December 31, 2020, thus laying a solid foundation for substantial revenue growth in 2021. During the fourth quarter, we fueled our overseas expansion, invested in our R&D capabilities, refined our supply chain management, and started mass production of our next-generation A12 series of bitcoin mining machines. All of those efforts have enabled us to begin delivering the A12 series of products at a large scale in the first quarter of 2021. In addition to fortifying our core mining machine business, we also achieved meaningful progress in our AI and Artificial IoT segments, both of which we believe have solid growth potential. After deep analysis of specific application use cases and the current market demand for computing power, we designed two new series of AI chips that will be in production in the second half of 2021.”

While this is a clear factor, it has been incorporated into a trading tape characterized by a pretty dominant offer, which hasn’t been the type of action CAN shareholders really want to see. In total, over the past five days, shares of the stock have dropped by roughly -27% on above average trading volume.

Canaan Inc – ADR (NASDAQ:CAN) pulled in sales of $23.6M in its last reported quarterly financials, representing top line growth of 308.3%. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($56.7M against $24.4M).

DISCLAIMER:  EDM Media LLC (EDM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  EDM is NOT affiliated in any manner with any company mentioned herein.  EDM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  EDM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  EDM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed EDM has been compensated seven hundred fifty dollars for news coverage of the current press releases issued by ISW Holdings (OTCMKTS:ISWH) by a third party.

EDM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and EDM undertakes no obligation to update such statements.

Media Contact:

EDM Media LLC

Email: IR@EDM.Media

Office: 800-301-7883

EDM.Media

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://otcprwire.com/crypto-stocks-in-focus-after-flash-crash-clears-spec-excess-nasdaq-coin-nasdaq-riot-nasdaq-can-otc-us-iswh-nasdaq-mstr-nasdaq-pypl/

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Crypto Stocks in Focus after Flash Crash Clears Spec Excess (NASDAQ: COIN) (NASDAQ: RIOT) (NASDAQ: CAN) (OTC US: ISWH) (NASDAQ: MSTR) (NASDAQ: PYPL)

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The Bitcoin correction is upon us after the Coinbase Global Inc (NASDAQ:COIN) direct offering. The hype surrounding that process likely pulled in a lot of fast and loose money, which is now on its way out the door in violent fashion.

The weekend featured what can only be described as a flash crash, as Bitcoin fell nearly 13% in less than 30 minutes on Sunday morning when it broke through it primary upward trendline in place since mid-December, when it was still under the $20k level.

The catalyst was likely technical but inextricably tied to the excess of recent speculative inflows following its breakout about the $62k level into the COIN listing.

That will likely present a tough opening for mainstays in the space on the equities side such as Square Inc (NYSE:SQ), Paypal Holdings Inc, (NASDAQ:PYPL), and MicroStrategy Incorporated (NASDAQ:MSTR).

However, the flip side of the coin as also very present: the shakeout in play right now will create fresh opportunities in the space and may provide interested speculators with choice levels in emerging names, such as Riot Blockchain Inc (NASDAQ:RIOT), ISW Holdings Ord Shs (OTCMKTS:ISWH), and Canaan Inc – ADR (NASDAQ:CAN).

Riot Blockchain Inc (NASDAQ:RIOT) is expanding and upgrading its mining operations by securing the most energy efficient miners currently available. The company also holds certain non-controlling investments in blockchain technology companies.

Riot is headquartered in Castle Rock, Colorado, and the company’s mining facility operates out of upstate New York, under a co-location hosting agreement with Coinmint.

Riot Blockchain Inc (NASDAQ:RIOT) recently announced that it will achieve an estimated hash rate capacity of 1.06 Exahash per second with the deployment of the newly received 2,002 S19 Pro Antminers.

“Exceeding 1 EH/s in hash rate capacity marks a major milestone for the Company,” said Jason Les, CEO of Riot. “While we are proud of this accomplishment, we view it as the successful completion of just one of many steps of our ongoing growth plan. Riot continues to receive and deploy next-generation miners from Bitmain and remains on schedule to more than triple our currently deployed capacity by the fourth quarter of 2021.”

While this is a clear factor, it has been incorporated into a trading tape characterized by a pretty dominant offer, which hasn’t been the type of action RIOT shareholders really want to see. In total, over the past five days, shares of the stock have dropped by roughly -10% on above average trading volume. All in all, not a particularly friendly tape, but one that may ultimately present some new opportunities.

Riot Blockchain Inc (NASDAQ:RIOT) managed to rope in revenues totaling $5.3M in overall sales during the company’s most recently reported quarterly financial data — a figure that represents a rate of top line growth of 340.7%, as compared to year-ago data in comparable terms. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($235M against $2.4M).

ISW Holdings (OTCMKTS:ISWH) has made a serious cryptocurrency mining investment over the past year and now has strong and growing mining capacity and equipment deals in the works, with operations in partnership with Bit5ive in Pennsylvania and a coming footprint in Georgia.

When Bitcoin was still at $10k/coin, ISWH was engaged in a long-term strategy to drive shareholder value in the space with its POD5IVE strategy. Based on publicly available information, the company is on track for very strong growth in 2021 based on the launch and ramp-up of its crypto operations.

ISW Holdings (OTCMKTS:ISWH) conducts mining through its Proceso POD5IVE mining pod, a fully self-contained high-PUE mining solution designed, assembled, and installed in partnership with Bit5ive at the Bit5ive 100 MW renewable energy cryptocurrency mining facility in Pennsylvania.

It has since tripled its fleet of mining pods. Each pod is powered by 280 mining rigs and is capable of driving roughly $2.9 million in annualized revenues (at current cryptocurrency price levels).

ISW Holdings continues to build out its own mining capacity, with plans to bring multiple additional pods online this year. However, data from pod mining operations is also being collected for the purpose of marketing the POD5IVE datacenter to other businesses and individuals interested in a self-contained industry-leading cryptocurrency mining solution.

ISW Holdings (OTCMKTS:ISWH) also continues to make good on its Anti-Dilution Initiative, which was established in 2020. To date, the Company has reduced outstanding shares by nearly 25%, reduced authorized shares by 88% down to 60 million, and eliminated over $3.4 million (or 94%) of outstanding convertible debt. As noted in its recent corporate update, the Company anticipates at least threefold growth in topline performance in 2021 versus 2020 as its expanding crypto mining operations fully ramp up.

Canaan Inc – ADR (NASDAQ:CAN) bills itself as a company that provides high-performance computing solutions to efficiently solve complex problems. In 2016, Canaan successfully initiated the production of its first 16nm chip and passed the test to receive China’s national high-tech enterprise certification. In 2018, Canaan achieved major technological breakthroughs to launch the K210, the world’s first-ever RISC-V-based edge artificial intelligence (AI) chip, which is now widely used for access control in situations such as smart door locks and more.

Canaan Inc. is currently focused on the research and development of advanced technology, including such areas as AI chips, AI algorithms, AI architectures, system on a chip (SoC) integration and chip integration. Using the AI chip as its base, Canaan Inc. has established an intellectual value chain. Canaan Inc. also provides a suite of AI service solutions and is able to tailor these solutions to the needs of its partners.

Canaan Inc – ADR (NASDAQ:CAN) most recently announced its unaudited financial results for the three months and twelve months ended December 31, 2020, including: Total computing power sold was 0.2 million Thash/s, representing a year-over-year decrease of 93.1% from 2.9 million Thash/s in the same period of 2019 and a quarter-over-quarter decrease of 93.1% from 2.9 million Thash/s in the third quarter of 2020; Total net revenues decreased to RMB38.2 million (US$5.9 million) from RMB463.2 million in the same period of 2019 and RMB163.0 million in the third quarter of 2020; and Gross profit was RMB9.1 million (US$1.4 million) compared to a gross loss of RMB673.4 million in the same period of 2019 and a gross loss of RMB17.0 million in the third quarter of 2020.

Mr. Nangeng Zhang, Chairman and Chief Executive Officer of Canaan, commented, “Although the outbreak of COVID-19 caused supply chain disruptions and thus negatively impacted our revenues in the fourth quarter of 2020, our market leadership has enabled us to attain US$174 million of contracted orders with US$66 million of cash advance from customers as of December 31, 2020, thus laying a solid foundation for substantial revenue growth in 2021. During the fourth quarter, we fueled our overseas expansion, invested in our R&D capabilities, refined our supply chain management, and started mass production of our next-generation A12 series of bitcoin mining machines. All of those efforts have enabled us to begin delivering the A12 series of products at a large scale in the first quarter of 2021. In addition to fortifying our core mining machine business, we also achieved meaningful progress in our AI and Artificial IoT segments, both of which we believe have solid growth potential. After deep analysis of specific application use cases and the current market demand for computing power, we designed two new series of AI chips that will be in production in the second half of 2021.”

While this is a clear factor, it has been incorporated into a trading tape characterized by a pretty dominant offer, which hasn’t been the type of action CAN shareholders really want to see. In total, over the past five days, shares of the stock have dropped by roughly -27% on above average trading volume.

Canaan Inc – ADR (NASDAQ:CAN) pulled in sales of $23.6M in its last reported quarterly financials, representing top line growth of 308.3%. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($56.7M against $24.4M).

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Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://otcprwire.com/crypto-stocks-in-focus-after-flash-crash-clears-spec-excess-nasdaq-coin-nasdaq-riot-nasdaq-can-otc-us-iswh-nasdaq-mstr-nasdaq-pypl/

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