Love it or hate it, blockchain-based cryptocurrencies are not going anywhere. Whether or not they’ll make a permanent mark on the way we conduct our online business – using currency for trades and purchases – is still up in the air, but there can be no doubt that crypto has brought blockchain mainstream and introduced a new trading asset to our portfolios.
Deutsche Bank, in a broad-based, end-of-year survey looking at a market trends heading into 2022, included a section on crypto, with some fascinating results. Research analyst Brian Bedell tells us that a large majority of respondents on the crypto section “expect to increase their cryptocurrency usage which amounts to 70% or higher whether than [sic] be trading, investing, or transacting.”
This makes sense, given the concluding point, “that 60% agree that cryptocurrencies have some form as a store of value, which has been a topic of debate as the product has gained more acceptance.”
All of this brings us to the point of crypto-related stocks. There are plenty of companies out there involved in the crypto craze, and investors can usually find a way into crypto through the stock market. Bitcoin mining, digital currency financing, online trading -- all provide unique sets of attributes.