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2 Blockchain Stocks to Watch on Tuesday

CORAL GABLES, FL / ACCESSWIRE / February 6, 2018 / Since the emergence of Bitcoin, blockchain has ignited innovation, spreading across a number of industries, which has created an avenue for new methods of online transactions. The fundamental blockchain technology protects the privacy of users during transactions but also protects the content of the transaction. Here are two stocks that are making headway in this rapidly growing industry; Guard Dog Inc. (OTC PINK: GRDO) and MGT Capital Investments, Inc. (MGTI).

Guard Dog, Inc. ("GRDO"), a company that is focused on launching mining operations and hashing power in the USA and Hong Kong, recently announced they have launched a new store called Guard Dog Tough™. The store will develop this property to showcase the company's line of security products and services.

Brian Estrada, CEO, stated, "I am extremely happy to be able to make today's announcement. I believe the rapid pace at which we launched the online store will come as a surprise to many. It was just a short three weeks ago today that we announced the company was entering into the digital asset space. I am very pleased that we were able to develop and launch the online store as we continue to work on other aspects of the Company's business plan."

GRDO is currently trading between the price range of $0.001 and $0.0012.

MGT Capital Investments, Inc. ("MGTI") is currently ranked as one of the largest U.S.-based Bitcoin miners. The company currently owns or operates approximately 5,000 Bitmain Antminer S9 Bitcoin mining rigs and 50 GPU-based Ethereum miners, capable of generating over 65 Ph/s of computing power. The company also recently announced that they have ended their relationship with legendary cybersecurity pioneer John McAfee.

Over the last two weeks of trading, MGTI has reached highs of $4.19 and has since been trading between $2.30 and $2.60.

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SOURCE: HeraldFinance.com