– December 20th

In the fast-evolving world of cryptocurrency and decentralized finance, blockchain stocks offer investors a gateway to the digital asset revolution. As blockchain technology disrupts industries from finance to supply chains, publicly traded companies tied to this space are seeing heightened interest. On December 20th, several standout blockchain stocks topped trading volume charts, signaling strong market momentum.

This article dives into seven promising blockchain stocks worth researching: Core Scientific (CORZ), Figure Technology Solutions (FIGR), Globant (GLOB), Bitdeer Technologies Group (BTDR), Digihost Technology (DGXX), BTCS (BTCS), and Nukkleus (NUKK). These companies span mining, infrastructure, software, and fintech solutions, each positioned to capitalize on blockchain adoption. We’ll explore their business models, recent performance drivers, and why they’re buzzing among investors searching for the best blockchain stocks.

What Are Blockchain Stocks and Why Invest Now?

Blockchain stocks refer to shares in companies deeply involved in blockchain technology or crypto ecosystems. This includes miners securing networks, infrastructure providers building data centers, software developers creating decentralized apps, and fintech firms integrating blockchain for payments or trading.

The appeal? Blockchain isn’t just Bitcoin anymore. With Ethereum’s upgrades, layer-2 scaling, and real-world applications in DeFi, NFTs, and tokenization, these stocks often correlate with crypto prices but offer diversified exposure. Recent surges in Bitcoin ETFs and institutional adoption have boosted trading volumes, making December 20th a pivotal moment for crypto stocks.

• High Trading Volume: These picks led in dollar volume, indicating liquidity and investor fervor.
• Growth Catalysts: Rising hash rates, AI-blockchain synergies, and regulatory clarity.
• Risks: Volatility tied to crypto markets, energy costs for miners, and competition.

1. Core Scientific (CORZ): Mining Powerhouse

Core Scientific dominates North American digital asset mining with its Mining and Hosting segments. The company mines Bitcoin for its own account while hosting equipment for others, offering end-to-end services like deployment, optimization, and maintenance.

Why promising? Expansive data centers position it for the post-halving era, where efficiency wins. Recent high-volume trading reflects optimism around its pivot to high-performance computing (HPC) for AI, diversifying beyond pure crypto mining. Investors eye CORZ as a top Bitcoin mining stock for 2024.

2. Figure Technology Solutions (FIGR): Blockchain for Capital Markets

Figure is revolutionizing lending, trading, and investing with proprietary blockchain tech. Its ledger-based platform enhances speed, liquidity, and standardization in consumer credit and digital assets.

Standout insight: In a world shifting to tokenized assets, Figure’s focus on real-world asset (RWA) tokenization could explode. High recent volumes suggest traders betting on its role in the next-gen financial infrastructure, making FIGR a hidden gem in blockchain fintech stocks.

3. Globant (GLOB): Tech Services with Blockchain Edge

Globant delivers global tech services, including blockchain, AI, cloud, cybersecurity, and metaverse solutions. It partners with giants like AWS, Google Cloud, and Salesforce to build enterprise blockchain apps.

Investment angle: As a diversified IT powerhouse, GLOB benefits from blockchain without crypto volatility. Its Agile and Cultural Hacking services appeal to corporations adopting Web3, driving steady growth. Volume spikes highlight its appeal for long-term blockchain technology stocks.

4. Bitdeer Technologies Group (BTDR): Cloud Hash Rate Leader

Bitdeer provides hash rate sharing via Cloud Hash Rate and marketplaces, plus full mining hosting. It mines crypto independently, emphasizing efficiency.

Key strength: User-friendly solutions lower barriers for retail miners. Amid rising energy costs, BTDR’s tech stack shines. Surging volumes position it as a frontrunner in the crypto mining infrastructure race.

5. Digihost Technology (DGXX): U.S.-Focused Miner

Digihost specializes in cryptocurrency mining, primarily Bitcoin, with operations rooted in the U.S. but headquartered in Canada.

Why watch? Strategic U.S. expansion amid favorable energy deals and regulatory shifts. Though smaller, its pure-play mining focus attracts volume traders seeking high-beta blockchain mining stocks.

6. BTCS (BTCS): Staking and Infrastructure Innovator

BTCS secures blockchain networks via validator nodes and offers StakeSeeker (staking dashboard) and Builder+ (Ethereum block builder). It taps proof-of-stake (PoS) rewards.

Forward-looking: With Ethereum’s dominance in DeFi, BTCS’s tools maximize yields. Recent buzz underscores its shift from pure holdings to active infrastructure, ideal for staking crypto stocks.

7. Nukkleus (NUKK): Fintech Meets Blockchain

Nukkleus delivers blockchain solutions for FX trading, risk management, cross-border payments, and institutional services.

Growth potential: Targeting retail FX and institutional crypto, it bridges TradFi and DeFi. Volume leadership signals breakout potential in blockchain payment stocks.

Market Trends Fueling These Blockchain Stocks

Beyond individual plays, broader trends amplify these stocks:

1. Crypto Rally: Bitcoin’s climb past $60K boosts miners.
2. AI Synergy: Data centers for mining double as AI hubs.
3. Institutional Inflows: ETFs and custody services drive adoption.
4. Regulatory Tailwinds: Clarity in the U.S. favors compliant firms.

However, watch for headwinds like halvings, geopolitics, and competition from private ventures.

Final Thoughts: Research These Today

The promising blockchain stocks to research on December 20th—CORZ, FIGR, GLOB, BTDR, DGXX, BTCS, and NUKK—offer diverse entry points into blockchain’s future. High volumes confirm market validation, but due diligence is key. Track earnings, crypto prices, and tech updates to time your moves.

Whether you’re a crypto veteran or stock picker eyeing Web3, these names deserve a spot on your watchlist. Stay ahead in the blockchain boom!

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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.