January 31st, 2022 | 10:10 CET
Bitcoin Group, CoinSmart, TeamViewer - Watch out: Crashing cryptos, exploding NFTs!
The biggest challenges of the 21st century all start with the letter "d" - digitalization, decarbonization and demographics. The crypto world is trying to address emerging trends, as there are now corresponding coins for all economic sectors. The overall market is developing rapidly and with volatility, and although the asset class is entirely confusing, the following is growing. Some platforms have made it their goal to take investors by the hand in this topic and handle part of the trading volume themselves. We take a look at well-known players.
time to read: 5 minutes
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Author:
André Will-Laudien
ISIN:
BITCOIN GROUP SE O.N. | DE000A1TNV91 , Coinsmart Financial Inc. | CA19260N1042 , TEAMVIEWER AG INH O.N. | DE000A2YN900
Table of contents:
Author
André Will-Laudien
Born in Munich, he first studied economics and graduated in business administration at the Ludwig-Maximilians-University in 1995. As he was involved with the stock market at a very early stage, he now has more than 30 years of experience in the capital markets.
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NFTs - The new way to preserve value on the blockchain
Non-fungible tokens are very different from other cryptocurrencies. These tokens do not have value through their utility like other digital currencies. Instead, NFTs have value because of the tangible things from the real world that are associated with them - the most common forms of media on NFTs today are, therefore, art and music. NFTs have the huge potential to tokenize any real-world asset. A seemingly endless playground for preserving old and new valuables, especially artwork of any kind. Christie's auction house set a record for the highest NFT auction in 2021. The transaction had a value of more than USD 69 million invoiced in Ethereum tokens. It was used to pay for the artwork titled "The First 5000 Days" by Beeple.
Bitcoin Group - Profiting from a new generation of investors
The digital reserve currency Bitcoin (BTC) came down hard since November 2021, although self-proclaimed gurus on all social platforms were talking about a USD 100,000 to 1 million price target. After the experience of the last 3 years, we know that cryptocurrencies can climb to any height and then crash just as quickly because they are purely technical vehicles that even today have little economic relevance. Supporters may wish to see fiat money replaced, but presumably, governments and central banks worldwide will still want to have their say.
The Bitcoin Group continues to benefit from the high interest in cryptocurrencies. The group is constantly expanding the marketplace offering for the now more than 1 million customers on Bitcoin.de. Because since mid-December, due to the high demand, trading of purely digital currency pairs has also been possible on the trading platform operated via the subsidiary futurum bank AG. In a first step, trading with the three most popular crypto pairings, Ethereum (ETH), Ripple (XRP) and Dogecoin (DOGE), against Bitcoin (BTC), was unlocked. Bitcoin Group is thus the first German BaFin-regulated provider with a banking license to offer crypto-to-crypto trading options on its platform. That should give the business a further boost.
The Bitcoin Group share is currently available again at prices below EUR 40 due to the Company's lush holdings and the volatile market trend. If reputable analysts are to be believed, there are return opportunities of up to 300% based on EUR 36.
CoinSmart - Share buyback and the Canadian Hockey League
CoinSmart, the eponymous operating Company of the Canadian crypto platform, was also recently caught in the downward spiral of digital currencies. After a very successful stock market debut in November at over CAD 1.50, the platform operator from Toronto fell back into the range CAD 0.70 - 0.80. For the time being, this is not a disaster, as an application was recently filed with the NEO Exchange for permission to buy back up to 10% of the outstanding capital.
Those who want to invest in cryptocurrencies but have little insight into the matter are a target customer for CoinSmart. The Company has positioned itself as a very user-friendly cryptocurrency platform in the market. Founded in 2018 by Justin Hartzman and Jeremy Koven, the Company focuses its technology on providing a bouquet of modern crypto services to beginners.
For the necessary exposure in a competitive industry, they have signed a long-term national sponsorship agreement with the Canadian Hockey League (CHL) in 2022, including the 3 member leagues OHL, WHL and QMJHL. The agreement with CoinSmart is CHL's first partnership with a cryptocurrency company, and the first day of advertising was January 28. In the first year of the multi-year agreement, CoinSmart will operate premium branding and signage in and around several teams' ice rinks this season. As a result, the attention-grabbing value among players, fans and spectators increases tremendously, and the influx of customers should accelerate significantly in the first quarter.
CoinSmart and the CHL will accompany joint initiatives throughout the relationship, including a special award at the 2022 Memorial Cup. The partnership begins with a CAD 30 credit at registration, intended for CHL fans. CoinSmart operates on a cash-flow-positive basis and has been entirely self-funded to date; the stock is actively traded on NEO and is also quoted in Frankfurt. With a revival of cryptocurrencies, life should return to trading very quickly. The more volatile the prices fluctuate, the more profitable revenue CoinSmart will make from its customers.
More information about CoinSmart and the current developments in the crypto market is expected at the International Investment Forum (IIF), which will open its virtual doors on February 17, 2022. (Registrations at www.ii-forum.com)
TeamViewer - High volatility ahead of annual figures
The tension is rising. In the course of the week, TeamViewer will release its annual figures for 2021. The share is currently fluctuating very strongly in the EUR 11.8 - 13.2 range in waiting mode, and a favored direction has not yet been found due to the lack of figures. The expert estimates of S&P Capital IQ expect consensus earnings per share (EPS) of EUR 0.49 for the last quarter and EUR 0.83 for the full year. These are adjusted figures before special charges. However, what is important is the prospect of how business with large corporate customers and in the area of augmented reality will go in 2022. We are excited!
Technically, the share is currently at the very important hurdle of EUR 13. The result after the figures should therefore be digital. If the figures are right and CEO Oliver Steil can be persuaded to issue a positive outlook, the stock should rise by at least 15%; otherwise, the lows below EUR 11 will probably come into focus again. We remain positive for the time being but would wait for the figures before investing. In the positive case, however, jump on quickly!
Those looking for a liquid alternative, besides the official currencies of the central banks, will find it in the crypto sector. However, the asset class is not universally recognized in regulatory terms. Crypto platforms and their service providers are earning dazzlingly in the new asset class. Bitcoin Group and CoinSmart are two profitable companies. TeamViewer is benefiting from the digitization boom but lost a good 75% of its value in 2021.
Conflict of interest
Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may hold shares or other financial instruments of the aforementioned companies in the future or may bet on rising or falling prices and thus a conflict of interest may arise in the future. The Relevant Persons reserve the right to buy or sell shares or other financial instruments of the Company at any time (hereinafter each a "Transaction"). Transactions may, under certain circumstances, influence the respective price of the shares or other financial instruments of the Company.
In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.
For this reason, there is a concrete conflict of interest.
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