Let's Get Started

Crypto Currency

Global Tech Industries Inc (OTCMKTS:GTII) Stock Soars 25% in a Week: But Why?

Global Tech Industries Inc (OTCMKTS:GTII) Stock Soars 25% in a Week: But Why?

Aug 16, 2021

Over the course of the past week, investors have taken a shine to the Global Tech Industries Inc (OTCMKTS:GTII) stock, and this morning the stock is in focus once again after the company made a key announcement. In the meantime, the Global Tech stock has managed to clock gains of as much as 25% over the course of the past week.

The Nevada corporation announced this morning that the Beyond Blockchain: Buy Crypto iOS app has been launched and people could now download the same from the Apple App Store. It is a major development for the company considering the fact that it is expected to bring more users to the crypto Beyond the Blockchain crypto platform.

In essence, the app is the mobile version of the BeyondBlockchain website and will now be available to iPhone users who prefer to trade through their phones. In this context, it is important to point out that those who are going to use the iOS app will also get the same sort of features and security that are available to those who trade through the website.

Traders are going to have around-the-clock access to not only their accounts but also the trading platform. Most of the popular cryptocurrencies like Chainlink, Ethereum and Bitcoin among others are going to be available. In addition to that, the traders are going to be able to trade through a range of fiat currencies and cryptocurrencies. It is a feature that is also available to those who trade through the website.

read more
BTCS Inc (OTCMKTS:BTCS) Stock In News: Are You Excited?

BTCS Inc (OTCMKTS:BTCS) Stock In News: Are You Excited?

Aug 11, 2021

In recent times, blockchain technology has been adopted in a big way by many industries, and hence, there are expectations that the industry is going to eventually grow quite rapidly. As a result, it is no surprise that investors are nowadays increasingly on the hunt for stocks of companies that are engaged in the blockchain technology sector.

One of the companies from the sector to have garnered considerable attention in recent days is BTCS Inc (OTCMKTS:BTCS). In the past week, the blockchain technology company has seen its stock soar by as much as 33% and such gains are likely to bring it into the attention of many investors over the coming days.

This morning the company is in news again after making a key announcement with regards to its operations. BTCS announced this morning that XTZ or Tezos has been added to the blockchain infrastructure operations. It is a significant development for the company and something that is expected to be watched closely by market participants. XTZ is a decentralized blockchain that was established back in 2014 and is primarily meant for decentralized applications as well as smart contracts.

At this point in time, XTZ is the 45th biggest cryptocurrency in the world thanks to its market capitalization of $2.75 billion. It should be noted that at its initial coin offering that was held in 2017, XTZ managed to raise as much as $232 million and at the time it was regarded as one of the biggest offerings.

read more
Net Savings Link Inc (OTCMKTS:NSAV) Stock Sees Continuous Buying Buzz: What’s Up?

Net Savings Link Inc (OTCMKTS:NSAV) Stock Sees Continuous Buying Buzz: What’s Up?

Aug 2, 2021

In recent times, the interest in blockchain and cryptocurrency companies has grown at a remarkable rate primarily due to the rise in the popularity of cryptocurrencies. One of the companies to have come into focus among many investors in recent times is Net Savings Link Inc (OTCMKTS:NSAV). This past week the stock was in considerable focus among investors as well and delivered handsome gains.

Last week, the Net Savings stock delivery gains as much as 110%, and on Friday alone, it recorded a single-day rise of 40%. The rally in the stock had possibly been triggered by the announcement from the blockchain and digital asset Technology Company with regards to its cryptocurrency exchange on July 26. The company announced that it was on track to launch the exchange on August 9, 2021.

In addition to that, the company also announced that Yuen Wong, Net Savings Link director and managing partner of the crypto exchange Bitmart will also provide a video address to the shareholders of the company this week.

At this particular address, Wong is going to provide the shareholders’ details about the status with regard to the development of the exchange. In this regard, investors also need to note the upcoming exchange is also going to carry the Net Savings name. It is one of the more ambitious projects for the company and potentially highly lucrative. With the launch of its own exchange, Net Savings is going to enter the crypto exchange industry that is worth as much as $2 trillion at this point.

read more
Hive Blockchain Technologies (HVBT) (HIVE) Stock Makes a Strong Comeback: Here is Why

Hive Blockchain Technologies (HVBT) (HIVE) Stock Makes a Strong Comeback: Here is Why

Jul 27, 2021

In recent times, it has been a pretty tough time for companies that are involved in the blockchain and crypto industries. Many of the stocks have been volatile as well, however, Hive Blockchain Technologies Ltd (CVE: HIVE) (NASDAQ:HVBT) seemed to be on the path to recovery yesterday and surged by as much as 17% and took its gains for the past week to 28%.

The surge in the HIVE Blockchain stock is directly related to the rise in the price of cryptocurrencies in recent days. Hence, it might be the right time for investors to look a bit more closely into the company and its business. The company, which is regarded as the first company to have opted for using green energy for cryptocurrency mining, had gone public back in 2017. As of July 12, 2021, the company owned as many as 605 Bitcoins.

Since the company is involved in the mining business, the reward it earns is directly related to the price of the cryptocurrencies that it mines. The higher the price of cryptocurrencies, the better it is for mining companies like HIVE Blockchain. In this regard, it should be noted that earlier on in the month HIVE Blockchain also became a member of the NVIDIA Partner Network Cloud Service Provider program. In addition to that, the company also signed purchase agreements for GPUs from NVIDIA for a total value in excess of $66 million. The company’s move is an indication that it is looking to pivot into a new industry altogether in the future.

read more
Net Savings Link Inc (NSAV) Stock Makes a Bullish Move: How to Trade This Week?

Net Savings Link Inc (NSAV) Stock Makes a Bullish Move: How to Trade This Week?

Jul 19, 2021

Over the course of the past year or so, many companies which are involved in the cryptocurrency sector have come into considerable focus among investors and one such company is Net Savings Link Inc (OTCMKTS:NSAV).

The company is involved in the cryptocurrency, blockchain, and digital asset technology spaces and has emerged as one of the more popular cryptocurrency stocks among investors. Last week, the Net Savings stock was on fire and managed to record gains of as much as 120% as investors piled on to it in a big way following a key announcement on July 12. The company announced that its highly anticipated cryptocurrency exchange is going to be launched on August 9 this year. It was a major announcement and resulted in considerable excitement about the stock among investors.

The company went on to state that the exchange is going to be entirely owned by Net Savings Link and will also bear its brand name. Net Savings revealed that considerable progress has been made in the project and the company is going to reveal further details about the project every week.

As a matter of fact, the company has even placed a countdown timer on its official website so that shareholders and visitors to the website can get to know exactly how much time is left for the launch of the cryptocurrency exchange at any given point. The company’s management boasts of considerable experience in the crypto space and are regarded as pioneers in their own right. Hence, there is expected to be considerable excitement about its new exchange.

read more
Life Clips Inc (LCLP) Stock Goes Parabolic: What’s The Buzz?

Life Clips Inc (LCLP) Stock Goes Parabolic: What’s The Buzz?

Jul 15, 2021

More and more companies are realizing that the growth of the cryptocurrency sector is probably going to continue in the long term and hence, many are now deciding to get into the sector in a big way.

The latest company to enter the sector is Life Clips Inc (OTCMKTS:LCLP). On Wednesday, the company announced that it reached an agreement regarding the acquisition of the multinational blockchain technology company Belfrics Group. The announcement came as a source of considerable excitement for investors and the Life Clips stock soared by as much as 1800% yesterday following the announcement. Belfrics deploys its proprietary platform for running cryptocurrency exchanges in different parts of the world. At this point in time, the company’s operations are spread across Tanzania, Bahrain, Singapore, Malaysia, Nigeria, and India.

It is clear to see that the completion of this particular acquisition is expected to make Life Clips a major player in the cryptocurrency space in the blink of an eye. More important, Belfrics Group has also demonstrated the capability of processing a large number of transactions on its platform. At this point, the platform can help in processing as many as 1 million crypto transactions per second. Such a scale of operations suggests that Life Clips will be able to operate a considerably large crypto operation when the acquisition eventually goes through. It is now going to be interesting to see if investors decide to take some of their profits today or if the Life Clips stock continues to soar.

read more
Asia Broadband Inc (OTCMKTS:AABB) Stock Continues to See Profit Booking: What’s Ahead?

Asia Broadband Inc (OTCMKTS:AABB) Stock Continues to See Profit Booking: What’s Ahead?

Jul 14, 2021

The reduction in the number of outstanding shares can result in the stock of a company going one way or another but unfortunately for Asia Broadband Inc (OTCMKTS:AABB), it had a negative effect on its stock.

Yesterday, the company announced that its board of directors and the higher management concluded the retirement of as many as 120 million restricted common shares. The shares were retired to the treasury. It is a significant development for the company, considering the fact that Asia Broadband retired 13 million extra outstanding shares in the company than had been announced previously in May this year. However, in this regard, it is perhaps important to point out that the company expects to retire more shares in the future.

It is a part of Asia Broadband’s initiative to unlock more value for its shareholders. When the number of outstanding shares gets lower then it usually leads to a spike since the shares become rarer. However, the company’s actual shareholders were not particularly thrilled with this move from Asia Broadband, and the stock actually tanked by as much as 10% yesterday.

It is not going to be interesting to see if the stock can actually make a recovery over the coming days. Asia Broadband also noted that later on this week it is going to be able to provide an update with regards to the progress that has been made in the development of its cryptocurrency exchange project. It is one of the more ambitious projects at Asia Broadband at this point.

read more
Net Savings Link Inc (NSAV) Stock Gets Special Attention: But Why?

Net Savings Link Inc (NSAV) Stock Gets Special Attention: But Why?

Jul 13, 2021

In recent times there has been considerable focus on companies that are involved in the cryptocurrency sector and one of the companies that could be worth tracking by investors at this point in time is the Net Savings Link Inc (OTCMKTS:NSAV) stock.

Yesterday, the digital asset technology, cryptocurrency, and blockchain firm was in considerable focus among investors and saw its stock soar by as much as 56% following a key announcement. The company revealed yesterday that its much-anticipated cryptocurrency exchange is going to be launched on August 9, 2021. Net Savings also noted that the project is progressing well and further information is going to be provided on a week-to-week basis. It is a major project for the company and the news has naturally led to excitement among investors.

More importantly, Net Savings has also set up a countdown timer on its website so that its investors and the general public are aware of the exact span of time that is left until the cryptocurrency exchange is launched officially.  You can have a look at the countdown timer here https://nsavholdinginc.com/ .

The company boasts of a management team that has considerable experience in building products meant for the blockchain and digital asset space. Hence, it is likely that market watchers are going to be following the developments quite keenly. In the meantime, investors could do well to keep an eye on the Net Savings stock. It is likely that the stock is going to be in focus today.

read more
Asia Broadband (AABB) Stock Pulls Back 40% From The Peak: A Good Opportunity?

Asia Broadband (AABB) Stock Pulls Back 40% From The Peak: A Good Opportunity?

Jun 16, 2021

The Asia Broadband Inc (OTCMKTS:AABB) stock has been in considerable focus among investors for most of the year and the stock has garnered strong gains as well. Although the Asia Broadband stock is still up by as much as 133% so far in 2021, it has corrected sharply and declined by 40% from its May-end high of 24 cents a share.

However, the latest correction might also prove to be an opportunity for new investors and hence, it could be a good move to take a look at recent developments. The company has moved into the crypto space recently with the launch of its gold-backed AABBG token.

On Tuesday, Asia Broadband announced that it has put plans in motion that is going to see the company expanding its foot print into Central America by pushing demand for its AABBG token. The company is going to start this project at El Salvador.

In order to achieve its objectives, Asia Broadband is going to work with some of the major retailers in the country. The aim is for those retailers in El Salvador to accept payments that are made by customers in AABBG tokens. Retailers are going to be offered handsome discount incentives and commissions if they do start accepting the AABBG token.

While this was an important announcement from the company, there was another key development that took place last month. On May 27, the company announced that the Board of Directors at Asia Broadband and the company’s management approved a move for retiring and returning as many as 107 million units of restricted common shares to the treasury.

The reduction in the number of shares to such a degree could be seen as a welcome move by many shareholders and could also lead to more optimism about the Asia Broadband stock from new investors.

read more