Are You Ready For the Blockchain Boom?
We’re just one day away from the launch of our new Blockchain-Boom Model on May 8th. In preparation, here’s a further look at some of the companies within our blockchain universe. These are stocks which may or may not be included in the model on launch, depending on their relative strength scores at the time.…Read More
A Peek Into Our Blockchain Universe
We’re just a few short days out from the launch of our Blockchain Boom model on May 8th. In the meantime, we thought we’d take a look at some of the companies within our “blockchain universe” to give you an idea of what the model might contain and why. Keep in mind, the companies mentioned…Read More
China is Still Hot for Blockchain
Separating the ideas behind cryptocurrency and blockchain can be a little jarring at first. After all, you don’t often hear about one without at least a mention of the other. However, the truth of the matter is that, while cryptos and blockchain certainly “grew up” together, they’re not attached at the hip. In fact,…Read More
Where Will We See the First Big Blockchain Profits?
A lot of the blockchain news today is focused on the future of transaction processing. Lots of companies are concentrated on this and claiming their model will solve problems with transaction fees or transaction times… But, contrary to popular belief, this isn’t where the hot action is right now and it’s not necessarily what “Blockchain…Read More
Amazon’s stealth blockchain play
In 2006, Amazon (NASDAQ:AMZN) launched a side project with very little ballyhoo. Today that business unit, Amazon Web Services (AWS), is three times the size of its closest competitor. When asked about plans for adding blockchain technology to the platform in November 2017, AWS CEO Andy Jassy responded that the company had no immediate plans…Read More
Is Overstock.com a buy?
“Blockchain stocks” — the majority of which are categorized in one of two sectors, Technology and Finance — were not immune to the recent market pullback. Reality Shares Nasdaq Next Generation Economy (BLCN), a passively managed ETF that tracks an index of global companies involved in blockchain technology, fell 7% between Friday and Monday. By…Read More
None Dare Call It Blockchain
The SEC allowed two new blockchain ETFs to begin trading last week, and a third one this week — but not before requesting they remove the word “blockchain” from their names due to concerns over the market’s crypto mania. Reality Shares Nasdaq Blockchain Economy ETF (BLCN) is now named the Reality Shares Next Gen Economy ETF…Read More
The Blockchain Frenzy Continues
ChinaNet Online Holdings (CNET) saw gains as big as 917% last Thursday after announcing a partnership with blockchain developer Wuxi Jingtum Network Technology. From a closing price of $1.17 on Wednesday, CNET traded as high as $11.90 on Thursday (a 917% gain), then slid to $9.34 by the closing bell, a net 24-hour gain of…Read More
2018: Year of the Blockchain Pivot
UBI Blockchain Internet (OTC:UBIA) is a Hong Kong-based company headed by executives who, prior to starting their “blockchain” enterprise, headed a company that manufactured an anti-bedwetting patch called the UrinStopper. UBIA has $15,406 dollars cash on hand, $6.3 million in debt, 18 employees, $0 revenue, a disconnected phone number… …and a market cap of $3.7…Read More
The Crypto/Blockchain Buzz
Season’s Greetings! The Internet is buzzing about cryptocurrencies and blockchain technology. Financial publishers and news outlets are bombarding investors daily with headlines like “This is Going to BIGGER than Bitcoin,” and, “The Cryptocurrency That Could Explode Tomorrow.” As a result, FOMO, or “Fear of Missing Out” is surging. We’re in a crypto-mania. Speculators are taking…Read More