Posts Tagged ‘cryptocurrency’
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 MoreA 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 MoreAmazon’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 MoreThe 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 More2018: 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 MoreThe 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…
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