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Blockchain Companies Benefiting from Rise in Bitcoin

HENDERSON, NV / ACCESSWIRE / July 23, 2018 / The cryptocurrency market has finally come back to life after weeks of low volume. On Sunday, Bitcoin reached its highest level all summer.

Those who had recently written off the cryptocurrency market can expect this momentum to continue in the near term. The next rally in the space is likely to be sparked by practical cryptocurrency regulations to be implemented by the government of South Korea. When navigating the early days in this space, seems like investing in stocks of companies embracing blockchain technology looks like the best way to play this market.

Here are five companies that can help you do just that.

APT Systems, Inc. (APTY)

Market cap: $1.3 million; current share price: $0.0043

APT Systems recently partnered with the MLG Blockchain group, a global consulting and development firm, responsible for building and marketing cryptocurrency. Support through this partnership is allowing APTY to fully develop SperaSM (SPR), a stable coin, and a coining interchange in order to provide a dollar pegged coin with transparency that is much needed in the cryptocurrency space.

The Verifundr platform will be the entry point into a trusted financial ecosystem with vetted funds supporting smart contracts for trade. The company is further offering optimized escrow and payment solutions to its verified members and will be including access to all four platforms and wallets.

Bitcoin Investment Trust (OTCQX: GBTC)

Market Cap: $2.01B, current share price: $11.49

Bitcoin Investment Trust is a private, open-ended trust that invests exclusively in bitcoin and derives its value solely from the price of bitcoin. It enables investors to gain exposure to the price movement of bitcoin without the challenge of buying, storing, and safekeeping bitcoins.

Advanced Micro Devices (AMD)

Market cap: $16.19 billion; current share price: $16.71

AMD is the designer and manufacturer of accelerated processing unit, chipsets, discrete and integrated graphics processing units (GPUs). Similar to MU it could see a boost from the adoption of blockchain and marketplace expansion.

Hewlett Packard (HPE)

Market cap: $23.67 billion; current share price: $15.64

Hewlett Packard like AMD and MU could benefit from this blockchain breakout. As they are also a provider of converged storage solutions, such as all-flash arrays and hybrid storage solutions as well as traditional storage solutions which includes tape, storage networking, and legacy external disk products. The company also provides deep learning platforms and GPU servers.

Intel (INTC)

Market cap: $242.22 billion; current share price: $51.98

Finally, Intel, the designer and manufacturer of computer, networking, data storage and communication platforms could benefit for the very same reason and lead the markets. Blockchain technology is impacting all industries and how we will record and store important information.

Conclusion

A safer long term bet on the future of blockchain would be investing in companies building platforms or providing storage; however, if you're looking for a more immediate return and larger upside, then consider small cap companies, like APT Systems (APTY), which should always be on your radar.

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. ACR Communication, LLC, which owns Microcapspeculators.com, is not registered with Finra or any other financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. ACR Communication, LLC [and/or] Microcapspeculators.com does not 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. ACR Communication LLC, which owns Microcapspeculators.com, is compensated for its services in the form of cash-based compensation or in equity in the companies it writes about, or a combination of the two. ACR Communication, LLC has been compensated one thousand dollars cash for this article and four thousand dollars total by Regal Consulting, LLC, for APTY. APTY and Regal Consulting, LLC were given an opportunity to edit information included in this article. This article is based solely on public information and the opinions of ACR Communication, LLC, which believes the news commentary to include accurate and complete information. ACR Communication, LLC, will not buy or sell any shares in stocks contained within this article for forty eight hours after this article's distribution.

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Contact Information:

Company Name: Microcap Speculators

Contact Person: Media Manager

Email: info@microcapspecualtors.com

Phone: 1-702-720-6310

Country: United States

Website: http://microcapspeculators.com/

SOURCE: ACR Communication, LLC

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