At the end of an amazing year in which cryptocurrencies went up 100-fold and blockchain stocks went ballistic we created a list of 20 Blockchain stocks.

Our research team was really among the first ones in the world to provide coverage on Blockchain technology, and what it means for investors. Our Cryptocurrencies such as Bitcoin, Ethereum, Litecoin and Ripple were not only spot-on, we were also among first ones in the world to publish them.

At this point, it is pretty fair to say that Blockchain has been at the forefront of our InvestingHaven’s forecasts, and we are glad to hear from our readers that they were able to score some decent profits from our calls:

• Since we first tipped our readers on BTL Group in February of 2017, the equity went up 4-fold at press time and is clearly the strongest canadian blockchain stock.
• Same for GAHC that went up 100 fold since our initial call therefore providing our followers with lots of free shares.
• Our Cryptocurrencies forecasts were achieved as the Blockchain revolution is just starting to break out to the public.

Stages of the Blockchain bull market

As more and more conventional investors are hearing about the potential of the blockchain as a technology and the massive returns on investments from cryptocurrencies, they want exposure to these vehicles in their portfolio. This brings us to the important question of where are we now in terms of market phases?

We are definitely in the 1st half of the mania phase. Although many can argue that we are more towards the end of the mania phase which started in 2017 but we don’t believe so.

Note, our assessment of where we are in this mega bull market is a qualitative assessment, as objective as we can be based on the data points we deem relevant. It will only be after the facts that we will know for sure. So please do not take our assessment as the only truth.

In fact, most would assume that since the media started to accelerate the frequency of cryptocurrency coverage this year, and your neighbor started talking about Bitcoin, that’s it, the bubble is about to burst. But really, most people who are asking and talking about Bitcoin are still studying how they can buy it and what would be a reliable exchange to use. That is before they start phase 2 of the struggle: How to get verified and transfer the funds into the exchange.

That being said, it means there is still a lot of money on the sidelines waiting to enter this bull market, which means we still have room for growth before a major correction or a even a cryptocurrency crash.

Multiple countries, central banks and corporations are in the exploring stages of theblockchain technology. When researching this market, we found out that the Blockchain tech and therefore Blockchain companies are booming in 2 markets in particular: Canada and Australia. We expect these companies and markets to continue in a positive uptrend for the next 50 years and even more.

Furthermore, even in the event of a cryptocurrency crash or even complete ban, Blockchain as a tech will still survive and that’s why we expect the tight positive correlation between cryptocurrencies and Blockchain stocks to start fading as more and more Blockchain companies start generating revenue and sharing their positive earnings.

To help our readers identify how they can play this, our article today will cover the 20 Top Blockchain stocks we’ve identified mainly within our 3 focus markets: Canada, Australia, U.S. (Nasdaq). These companies have diversified roles in the ecosystem of Blockchain stocks and their operations and services:

• Mining services
• Business software services
• Payment services, so in this segment we also find the fintech stocks
• Data service (storage / processing / integrity)
• Peer2peer services
• Identity & digital asset services

The 20 Blockchain stocks we have identified at the start of 2018

These are our Top 20 Blockchain stocks at the start of 2018. We are not saying they should be bought at current prices, nor saying that they should all be bought. But right now, these stocks have the most potential to benefit from the entry of retail investors into this budding bull market.

Note that the order of this stock list does not suggest our favorite order with the only exception of BTL Group.

Blockchain stock #1: BTL Group (BTL.V)

BTL Group has been our Top Blockchain stock for a long time and for multiple reasons. The company was quick to see and act on the disruptive potential of the Blockchain technology. They have developed and piloted successfully their interbit plateform to introduce the Blockchain capabilities to multiple sectors to cut cost and gain on efficiency. The company seems to be focusing currently on the energy sector where there is a huge need for cutting cost to remain competitive.

As said, we tipped this stock when it was trading at $3 early 2017. In December it reached $19. This was one of the greatest free stocks tip from InvestingHaven’s research team.

We like BTL for they have a real and solid product that was piloted and currently in the commercialization phase. We like the leadership team in place and we believe this is a top contender in the Blockchain sector.

Blockchain stock #2: Leonovus (LTV.V)

Leonovus operates in the cloud storage industry and recently developed the Blockchain based Leonovus 3.0 plateform and security software. They announced an agreement with one of the big 6 Canadian banks to install the Leonovus 3.0 Software to help the Bank build a secure Blockchain based data storage.

Blockchain stock #3: Novatti (NOV.AX)

In the payment business since 1996 with an established portfolio of payment solutions including mobile payments, remittance services and electronic voucher distribution. We like Novatti Group because the Novatti platform can be integrated to Blockchain and Cryptocurrency exchanges to enable payments to and from Bitcoin account holders and the conversion between Bitcoin and Fiat currencies.

Blockchain stock #4: Overstock (OSTK)

Overstock stock price surged on the announcement that the company is reorienting their activities, which will include accepting Cryptocurrencies as a method of payment and opening a Cryptocurrency exchange. Recently, the CEO mentioned that they are even considering selling a portion or the whole online retail segment to finance crypto ventures.

Blockchain stock #5: RIOT Blockchain (RIOT)

Riot is in our list because it offers a unique exposure to its stockholders. The company is a pure Crypto play at this point and one of the very few if not the only one listed on Nasdaq. This explains the high volume and the quick upward price action. Through different acquisitions Riot now offers exposure to many components of the Blockchain ecosystem:

• Veranet Plateform financial reporting and accounting tools for the Cryptocurrency community.
• Bitcoin mining.
• A Blockchain-based Escrow settlement service through Tesspay.
• A canadian Cryptocurrency exchange

RIOT is a very high risk play because the company is still in the early stages of experimenting in the Blockchain industry and building their product suite. A low entry will be key to survive the sharp price swings in this one.

Blockchain stock #6: HIVE Blockchain (HIVE.V)

Hive Blockcain made it to the Top of our list because of the lucrative nature of their operations. The company has acquired mining centers from Genesis Mining, the largest cloud-based cryptocurrency mining company in the world. This made in one of the rare IPO’ed Blockchain plays that are already starting to generate revenue.

Blockchain stock #7: Square (SQ)

Square offers payment services at much lower cost than conventional financial institutions. They have been successful in gaining traction thanks to their competitive rates and straight forward solutions but now that they are exploring offering Blockchain based solutions makes it an interesting company to follow. Note that Square has been accepting Bitcoin payments since fall 2014.

This is one of the few non pure play blockchain stocks in our top 20 list. Actually it is more of a fintech stock than a blockchain stock. Square has only a small portions of its activities dedicated to cryptocurrencies and blockchain. However, we see huge potential in it which is the reason why we consider SQ part of this blockchain list.

Blockchain stock #8: Marathon Patent Group (MARA)

Marathon Patent Group is a patent right acquisition and licensing company that recently announced the acquisition of Global Bit Ventures to start Cryptocurrency mining operations focuses for now on Ethereum mining with plans to expand and mine Bitcoin as well.

Blockchain stock #9: AnalytixInsight (ALY.V)

Analytixinsights analyzes big data from company filings and market price data and translates it into actionable insights and professional analysis reports. They provide their research and content to Media, Finance portals and investors.

In November 2017, they announced adding Blockchain initiatives to their existing artificial intelligence platform and listed their shares on the OTCQB market in the US.

Blockchain stock #10: Internet of Things Inc (ITT.V)

Internet of Things Inc aims to be an early player in the convergence of the Internet of Things and the Blockchain of things. This convergence should be done through the use of Smart contracts and the company is targeting the supply chain management and the business process management and manufacturing.

Blockchain stock #11: Neptune Dash Technologies Corp (as of early 2018)

Neptune Dash Nodes Corp. builds and operates masternodes for the Dash network to run InstantSend and PrivateSend on Dash Blockchain Network. The company entered into an amalgamation agreementwith Crossroad Ventures Inc. and NEMI Northern Energy & Mining Inc. The Resulting company will be “Neptune Dash Technologies Corp.”

Blockchain stock #12: GMP Capital (GMP.TO)

GMP Capitalwill offer its shareholders exposure to Cryptocurrencies through a reverse take over of Hut 8 Mining Corp., a Toronto-based bitcoin miner. The reverse takeover will be finalized in January.

They also have an exclusive partnership with Bitfury Group to acquire and operate bitcoin mining data centers in North America.

Blockchain stock #13: Mogo Finance Technology (MOGO.TO)

Mogo is a Canadian financial technology company. They recently announced adding dedicated blockchain capabilities to accelerate the integration of Bitcoin and other cryptocurrencies into Mogo’s digital account. The company is also looking to add new Blockchain based products.

Blockchain stock #14: Victory Square Technologies (OTC:VSQTF)

The company focuses on identifying, incubating, accelerating and funding companies in Healthcare, entertainment and sports with capabilities in Artificial intelligence, Blockchain, virtual and augmented reality.

Blockchain stock #15: BTCS (BTCS)

BTSC or Bitcoin services has been in the field since 2016. The offer Bitcoin Escrow services, operate in Cryptocurrency mining. They also offer Blockchain software development and sale. They were initially focused on Bitcoin solely and they are now diversifying their oprations.

Blockchain stock #16: Datametrex (DM.V)

Datametrex is a very interesting nanocap with tremendous potential. They are a big data company collecting information directly from points of sale (receipt printer or scanners) to the cloud. The company is considering the use of Blockchain to authenticate and validate the collected Data. The Blockchain technology is a solid fit given the field Datametrex operates in and we believe the company has potential for disruption.

Blockchain stock #17: DigitalX (DCC:ASX)

DigitalX has been operating in the Blockchain ecosystem for 4 years now providing Blockchain software development, ICO and Blockchain advisory services. We like the management Team behind the company and how they have already secured funding, already generating revenue from their consulting work that includes to Crypto exchanges and they reportedly hold Bitcoin from a BGL (Blockchain Global LTD) investment and Ether coins.

Blockchain stock #18: MGT Capital Investments Inc. (MGTI)

MGT Capital Investments’ operations are about the acquisition and monetizing of assets in the online and mobile gaming space. The company has 2 segments: Gaming and Intellectual Property and recently announced starting mining operations.

Blockchain stock #19: Glance Technologies (GET.CN)

This tech company specialized in mobile payments has recently developed the Glance Pay Mobile Payment App for restaurants so you can pay your bill, store your receipt, get rewards and even submit for bookkeeping from the App.

Glance Technologies recently announced an LOI to enter the blockchain and cryptocurrency space by purchasing the rewards tokenization platform Blockimpact from Ztudium Limited in order to integrate it with the Glance pay mobile platform.

Blockchain stock #20: Data Asset Holdings (not IPO’ed yet)

Data Asset Holdings is a privately held company. The leadership and expertise behind the company is solid and they recently scored the contract to complete the transition of the Australian stock exchange to Blockchain.

What’s next with blockchain stocks?

For months now, our InvestingHaven Research Team has been thoroughly studying the Blockchain and Cryptocurrency Bull Market. This article is an excerpt of our research in the field.

For investors looking to profit from the Blockchain boom, we have a much more thorough version of this article including the following:

• Detailed stock information for each of the equities mentioned above
• Annotated charts for our top picks
• A proprietary InvestingHaven score for each equity ranging from (exceptionally) strong to weak
• Blockchain stocks we do not like and why (potential scams)
• Weekly updates and alerts as required

Essentially we help investors building a balanced blockchain and crypto portfolio within their overall portfolio, in an as riskless as possible way based on a sound investment strategy.