Company Overview and News
This week we had an important new development in “crypto land” with the launch of two new “blockchain” themed ETFs so I thought that I would write up an article on this hot space and see what is on offer. It is important to note that the SEC has not allowed the word “blockchain” to be included in the name of either of these ETFs given the hype in the space right now. You have been warned! (742-0)
Just as the global cryptocurrency market is hitting its biggest rough patch in months, two new ETFs based on blockchain technology are making their market debuts. The Reality Shares Nadaq NextGen Ecconomy ETF BLCN and the Amplify Transformational Data Sharing ETF BLOK are now open for business. (23-0)
Stocks rebounded on the Tokyo Stock Exchange on Monday on the back of Wall Street’s gain late last week, with the benchmark Nikkei average snapping its three-session losing streak. (2-0)
Blockchain technology isn’t just for little-known companies trying to make a name for themselves, or struggling former blue-chip companies trying to rebrand themselves as innovative. It is the real deal, as a number of household names have been boarding the blockchain bandwagon. (286-0)
Ripple has many potential catalysts that could help or hinder the company, as well as the price of their digital asset, XRP. (26-0)
Casual investors who have been following the rise of cryptocurrencies fall into one of two camps. You’ve got those who are itching to get their hands on the new currency, believing it will continue to grow and disrupt the financial sector. And you’ve got those who are looking at the whole thing skeptically because of the fact that it’s completely unregulated — which draws a worrying parallel to penny stock trading. (105-1)
Chris Larsen is Executive Chairman of Ripple’s board of directors and former CEO and co-founder of Ripple. Prior to Ripple, Chris cofounded and served as CEO of Prosper, a peer-to-peer lending marketplace, and E-LOAN, a publicly traded online lender. During his tenure at E-LOAN, he pioneered the open access to credit scores movement by making E-LOAN the first company to show consumers their FICO scores. (46-0)
Ripple, the world's second-largest cryptocurrency by value, hit a record high on Wednesday as its strong rally continues.
Alphabet’s (GOOGL) Google has emerged as one of the corporate active backers of blockchain startups in recent years, according to a report by CB Insights. The report states that corporations have participated in more than 140 equity investments totaling roughly $1.2 billion in the blockchain sector since 2012. (0-1)
Ripple, the world's second-largest cryptocurrency by value, hit a record high on Wednesday as its strong rally continues. (0-1)
The value of XRP, which is the token of the Ripple network, is up 20,000% in 2017. You read that correctly: twenty thousand percent. That shatters the price rises this year in bitcoin (1,500%), litecoin (5,000%), or ethereum (8,000%).
The gains followed news that Tokyo-based financial services company SBI Holdings and its subsidiary SBI Ripple Asia announced the establishment of a "consortium" with some Japanese credit card companies to utilize blockchain technology, according to an online translation of a release. Ripple and SBI Holdings created SBI Ripple Asia in January 2016. It wasn't clear what the extent of Ripple's involvement would be in the new consortium.
It's a bit of a mystery. Interest in bitcoin and the blockchain has been building to a fever pitch, but mergers and acquisitions in cryptocurrency have been almost nonexistent.
There are many businesses focusing on blockchain, many digital tokens and many more cryptocurrencies. Accordingly, it can be hard to know which are poised to deliver returns to investors.
Chicago, IL – November 28, 2017 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Visa Inc. (V - Free Report) , Amazon.com (AMZN - Free Report) , IBM (IBM - Free Report) , Google (GOOGL - Free Report) and Overstock. (204-0)
2017-12-11 - Wilton
2017-12-11 - Wilton
2017-12-03 - Wilton
2017-11-27 - Wilton