Blockchain Stocks: Tech Stock Report Monitoring 3 Tech Companies in August 2018

CORAL GABLES, FL / ACCESSWIRE / August 3, 2018 / The breakdown of consumer internet stocks Facebook, Twitter and Netflix have resulted in a number of investors running scared of technology that has actually done well over the past 12 months. But this may cost them greatly as some analysts point out.

"Great opportunities can surface when investors overreact to short-term setbacks for companies. That has happened with and Google (Alphabet) countless times just in the nine years I've been managing the portfolio," stated Ken Allen, manager of T. Rowe Price's Communications and Technology Fund. But when investors look at being on the cutting edge at times when companies like Facebook changed online engagement through social media or how Netflix has demonstrated its uncanny ability to reface streaming media, new technologies like AI and blockchain tech could be next in focus.

Companies like Block One Capital, Inc. (BKPPF) have a diversified basket of investments in the blockchain tech industry. Block One is an investment company focused on high growth opportunities in the blockchain and cryptocurrency sector. Most recently the company announced that it has entered into a definitive agreement with Affirmation Technology Group LLC to acquire 30% of the New York, USA based developer of decentralized anti-money laundering, know your customer and Accredited Investor solutions.

The company released an update this week to discuss the expansion of its operating arms. The company's investment, Finzat is scheduled to open discussions before year-end with a European headquartered international financial management concern servicing hundreds of institutional clients around the globe. In addition, Block One updated on its investment into one of the most successful ICO's in North America.

Block One believes its investment in Shopin reflects strong value creation for its shareholders as the original USD$750,000 participation with 66% bonus tokens is now valued at close to USD $2,000,00, reflecting a return of nearly 2.5 times its original investment. Shopin was the Winner of Best ICO at the North American Bitcoin Conference and the Winner Best ICO at the CoinAgenda Bitcoin/Cryptocurrency investing conference.

For More Information On Block One Capital, Click Here

Bitcoin Investment Trust (OTCQX: GBTC) sponsored by Grayscale Investments, LLC, a global leader in digital currency asset management, has been on the rise over the last 2 trading sessions. Boosted by the price jumps that Bitcoin has been making lately, Grayscale continues to trend higher on Friday. Grayscale raised $248.4 million into its single-asset and diversified investment products, marking the strongest fundraising over any six-month period since Grayscale launched its first product, Bitcoin Investment Trust, in September 2013. Despite price reduction across all digital currencies during 2018, institutional investors accounted for 56% of all new capital raised.

Grayscale sponsors seven single-asset investment products that provide exposure to Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), Ripple (XRP), and Zcash (ZEC). This year Grayscale introduced its first diversified investment product, Digital Large Cap Fund™, which provides exposure to the top digital currencies by market cap. Grayscale's second product, Ethereum Classic Investment Trust™ (ETCG), began its public quotation in May 2018.

Aerohive (NYSE: HIVE) has a history of innovation helping IT radically simplify wireless and wired access using Cloud Networking. The company's Public Cloud, Private Cloud, or Portable Cloud Architecture is based on the latest Cloud technology and offers unrivaled customer choice and flexibility in choosing a deployment option that meets their current and future needs.

Yesterday Aerohive announced that the expiration date of its existing share repurchase program has been extended to June 30, 2020. The Company's board of directors previously authorized the purchase of up to $20 million, extending the existing share repurchase authorization announced in February 2016. Under this program, the Company may make share purchases from time to time in compliance with applicable securities laws in the open market or in privately negotiated transactions.

Aerohive shares jumped nearly 20% since Wednesday's opening bell.

About is your best resource for all news, information & investment opportunities for cryptocurrency / digital currency such as bitcoin, ehthereum, litecoin and the decentralized & secure blockchain technology it all runs on.

Legal Disclaimer

Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. JSG Communications which owns, is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release.

JSG Communications, which owns, may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice. JSG Communications, which owns, may be compensated for its services in the form of cash-based compensation or equity securities in the companies it writes about, or a combination of the two. JSG COMMUNICATIONS LLC expects to be compensated up to $500,000.00 by Block One Capital Inc. for a period beginning March 3, 2018, and ending September 5, 2018, to publicly disseminate information about (BKPPF). We may buy or sell additional shares of (BKPPF) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. We own zero shares.

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