7 for Crypto Exposure in 2024
Blockchain technology is changing finance, supply chains, and more. But buying crypto like Bitcoin can be risky and volatile. A smart way for investors to get in on the action is through blockchain stocks. These are shares in public companies that use blockchain in their main business. Think crypto miners, trading platforms, and tech firms building on blockchain.
Right now, some blockchain stocks see high trading volume. This means lots of buying and selling, which shows strong investor interest. High volume often signals big moves ahead. In this post, we look at seven top
Why Invest in Instead of Crypto?
- Less Volatility: Stocks trade on big exchanges with rules. Crypto swings wild.
- Regulated: Public companies report finances clearly.
- Diversified Exposure: Gain from blockchain growth without picking one coin.
- High Growth Potential: As blockchain adoption grows, these firms benefit.
Blockchain market could hit $39 billion by 2025. With Bitcoin ETFs approved and halving events coming, demand for mining and services rises. These stocks ride that wave.
1. Figure Technology Solutions (FIGR)
Figure Technology Solutions leads in blockchain for capital markets. They build tech for lending, trading, and investing. Focus areas: consumer credit and digital assets.
Their blockchain ledger makes things faster and more efficient. It cuts costs, boosts liquidity, and standardizes deals. No more slow paper processes.
Why Watch FIGR? High trading volume shows buzz. As digital assets grow, Figure’s platform could explode. They serve real customers now, proving the tech works.
Risks: Competition from big banks entering blockchain. But their head start helps.
2. Core Scientific (CORZ)
Core Scientific mines digital assets in North America. They run two parts: Mining and Hosting.
In Mining, they dig for Bitcoin themselves. In Hosting, they run data centers for other miners. Services include setup, monitoring, fixes, tweaks, and upkeep of mining gear.
Why Watch CORZ? Top volume pick. Bitcoin price up means more mining profits. Their huge facilities scale fast. Post-bankruptcy, they look leaner and ready to grow.
Risks: Energy costs high. Halving cuts rewards, but efficiency wins.
3. Globant (GLOB)
Globant offers tech services worldwide. Blockchain is one tool in their kit, with cloud, AI, cybersecurity, IoT, metaverse, and more.
They help big firms with enterprise solutions on AWS, Google Cloud, Salesforce, SAP. Agile methods and process hacks make them fast.
Why Watch GLOB? Not pure blockchain play, but blockchain services grow. High volume as investors bet on tech services boom. Stable revenue from non-crypto work.
Risks: Broader tech slowdowns hit them. But diverse services protect.
4. Bitdeer Technologies Group (BTDR)
Bitdeer focuses on blockchain and high-performance computing. They share hash rate via Cloud Hashrate and a marketplace.
One-stop hosting: deploy, maintain, manage mining rigs. They mine crypto too.
Why Watch BTDR? Backed by strong team, high volume signals trust. Flexible model lets users rent power without buying hardware. Good for volatile markets.
Risks: Relies on crypto prices. Competition from giants like Marathon.
5. Digihost Technology (DGXX)
Digihost mines crypto in the US. Based in Canada since 2017, they focus on efficient operations.
Simple model: buy power, run rigs, sell coins.
Why Watch DGXX? Small cap with big volume upside. US focus avoids some regs. Green energy push could lower costs.
Risks: Smaller size means higher risk. Needs scale to compete.
6. Mercurity Fintech (MFH)
Mercurity powers fintech with blockchain. They build trading infrastructure for crypto traders.
Asset digitalization turns fiat, bonds, gold into tokens. Easy to trade and own fractions.
Why Watch MFH? Bridges old finance and blockchain. Tokenization trend huge – trillions possible. Volume shows early interest.
Risks: Reg changes could slow growth. Thin liquidity sometimes.
7. BTCS (BTCS)
BTCS runs blockchain infrastructure. They secure validator nodes and stake on dPoS chains.
StakeSeeker: dashboard and staking service to earn rewards. Builder+: Ethereum block builder for max profits.
Why Watch BTCS? Shift to staking post-Ethereum merge. Low energy, steady yields. Tools make staking easy for holders.
Risks: Validator slashing if errors. Network changes impact.
Key Trends Driving These
- Crypto Bull Run: Bitcoin over $60K fuels miners.
- Tokenization: Real assets on chain – FIGR, MFH win.
- AI + Blockchain: GLOB’s edge.
- Staking Growth: BTCS shines.
Risks to Know Before Buying
Blockchain stocks tie to crypto prices. Regulatory news like SEC actions can tank them. Energy use draws heat. Do your homework – check earnings, debt, cash flow.
Diversify. Don’t bet all on one. Watch volume, news, charts.
Final Thoughts on
These seven – FIGR, CORZ, GLOB, BTDR, DGXX, MFH, BTCS – top the list for volume and potential. They offer ways to play blockchain without direct crypto risk. As adoption grows, smart investors watch them close.
Track prices, set alerts. Blockchain future bright – position now.
Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.
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