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2 Cryptocurrency Stocks To Watch As Bitcoin Prices Increase

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03/28/2018 | 09:31am EST

CORAL GABLES, FL / ACCESSWIRE / March 28, 2018 / Traders that have been monitoring the crypto industry lately have been starved of positive news for quite some time. However, recently a leading exchange, Coinbase announced that it was set to list new tokens. The last time the U.S. exchange added a new coin was back in December with bitcoin cash. This time around, Coinbase has looked to break the news gently by confirming that it will add support for ERC20 tokens. The only the question left is which assets it will bring on. The exchange wrote:

We're excited to announce our intention to support the Ethereum ERC20 technical standard for Coinbase in the coming months. This paves the way for supporting ERC20 assets across Coinbase products in the future, though we aren't announcing support for any specific assets or features at this time.

With this news, several coins including bitcoin have gained positive traction this week with mining and blockchain companies in focus. Two companies that have been generating buzz include Atlas Cloud Enterprises (OTC PINK: ATLEF) and NXT-ID, Inc. (NASDAQ: NXTD).

For More Info, click HERE.

Atlas Cloud Enterprises recently announced the closing of the previously disclosed acquisition of MKH Electric City Holdings LLC. The transaction includes a 6,600-sq. ft. facility, which is in the process of being upgraded to industrial-scale cryptocurrency mining standards. Due to its location, the facility significantly benefits from electrical provisioning at approximately $0.03/kWh, which is one of the least expensive commercial rates in the world.

According to Atlas, the Grant County Data Centre, utilizing 80% of the current 3.0 MW of dedicated power, can host up to 1,700 Application Specific Integrated Circuit mining servers. A second phase (an additional 2.0 MW) is expected to be completed in 2019, increasing total energy dedicated to digital currency mining to 5.0 MW. Atlas Cloud is fully funded to complete Phase 1 and 2 of the Grant County Data Centre.

For More Information on Atlas Cloud, click HERE.

NXT-ID, Inc. provides a comprehensive platform of technology products and services that enable the Internet of Things (IoT). In February, the company announced that it is accepting pre-orders for Flip?, a new contactless payment device that will enable cryptocurrency holders to use the value of their currency to make purchases at millions of retail locations. According to the company, initially, Flip will accept value exchanged from Bitcoin. It will potentially expand to other cryptocurrencies in the future.

Flip exchanges the cryptocurrency value into US dollars, which are then used to fund a prepaid-payment device. The near field communication (NFC) device can then be used at any contactless payment point of sale terminal. Simply tap Flip to pay.

For More Info, Click HERE.

About CoinStocks.com

CoinStocks.com 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. We cover all the latest and most relevant crypto / blockchain news, trends, analysis, digital market movement, initial coin offerings or ICO and all things within the bitcoin and cryptocurrency industry.


This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither CoinStocks nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. An affiliate of Midam Ventures, LLC (JSG Communications) has been compensated $100,000.00 by a non affiliate third party Full Service Media LLC for a period beginning November 20, 2017 and ending December 27, 2017, which has been extended through March 31, 2018 FOR NO ADDITIONAL COMPENSATION, to publicly disseminate information about (ATLEF). We may buy or sell additional shares of (ATLEF) 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.

We own zero shares. Click here for our full disclaimer.

To download our report(s), read our disclosures, or for more information, visit http://CoinStocks.com.


CoinStocks, the Author and the Reviewer (collectively referred to as the "Publishers") are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by the Publishers whatsoever for any direct, indirect or consequential loss arising from the use of this document. The Publishers expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise, arising from any reliance placed on the information in this document. Additionally, the Publishers do not (1) guarantee the accuracy, timeliness, completeness, or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.



SOURCE: CoinStocks.com

© Accesswire 2018
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