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Chainlink (LINK): Among the Best Cryptocurrencies to Invest In Right Now

We recently compiled a list of the 12 Best Cryptocurrencies to Invest in According to Reddit. In this article, we are going to take a look at where Chainlink (LINK) stands against the other cryptocurrencies.

The past year was a wild ride for cryptocurrency investors. After the approval of spot Bitcoin ETFs in Q1 of the year, markets took some time to digest that the SEC has paved the way for approval of spot Ethereum ETFs also before giving them a go-ahead in May. As a result, spot Bitcoin ETFs managed to garner over $50 billion in combined assets in less than 6 months of trading. Some market experts believe this was the most successful ETF category ever launched.

Apart from the spot offerings, crypto-themed ETFs performed significantly well in 1H 2024. For example, First Trust SkyBridge Crypto Industry & Digital Economy ETF has seen a healthy run of over ~20% on a YTD basis. Blockchain-focused products have seen a lot of traction from enthusiasts. Amplify Transformational Data Sharing ETF went up by over ~19% on a YTD basis.

Al and Crypto- An Intersection You Should Know About

In recent months, Artificial Intelligence has been incorporated into the crypto world. AI tokens refer to cryptocurrencies directly associated with an Al venture. Al tokens demonstrate cryptocurrencies that are developed to support Al-based projects, applications, and services. These include decentralized Al marketplaces, and Al-driven decentralized autonomous organizations, among others.

The users are allowed to use tokens for the payment of services or access data on the platform. On the other hand, the platforms can make use of tokens in the form of rewards to incentivize users. Such tokens could be utilized to offer the holders some governance rights. CoinMarketCap reported that the market cap for artificial intelligence and big data cryptocurrency projects saw a healthy increase of more than ~70% in just a few weeks. This hints at the renewed confidence in crypto investors.

Regulation of Cryptocurrency and Related Exchanges

The meltdowns seen in the crypto industry, such as FTX, put a direct spotlight on the rules and regulatory concerns of the broader industry. The fall of the leading cryptocurrency exchange was primarily because of the lack of regulation at that time. However, government entities are now quite active in placing enforcement rules. The Securities and Exchange Commission (SEC) is the nation’s most active watchdog in the crypto market.

CNBC reported that the US has been one of the most active regulators who has enforced legal action against crypto companies. The Securities and Exchange Commission has sued two major crypto exchanges. The clear and well-defined regulatory standards can make the way for institutional investors, like banks, and asset management companies, to make investments in crypto assets.

As per a bi-annual survey conducted by KPMG in Canada and the Canadian Association of Alternative Assets and Strategies (CAASA), ~22% more financial services organizations decided to offer crypto-asset products and services to their client base in 2023 as compared to 2021. Also, ~26% more institutional investors included crypto-related assets in portfolios in 2023 as compared to 2021.

Coinbase highlighted that updated 2Q 2024 13-F filings demonstrated that there was a strong increase in institutional inflows in the US spot Bitcoin ETFs. This seems to be a “promising indicator” for the Bitcoin market as per the company. The recent 13-F filings revealed that institutional ownership of such ETFs saw an increase from 21.4% to 24.0% between Q1 of 2024 and Q2 of 2024.

Cryptocurrency Outlook

As per the United States International Trade Commission, the global revenues earned by tokenized asset exchanges equated to ~$26.5 billion in 2022. Of this, ~76% of the revenues came from cryptocurrencies.

The revenues from tokenized assets went up significantly in 2021 due to growth in nonfungible tokens and an increase in the price of major cryptocurrencies. McKinsey believes that total tokenized market capitalization is expected to reach ~$2 trillion by 2030 (excluding leading cryptocurrencies and stablecoins). This is expected off the back of the adoption by mutual funds (MFs), bonds and exchange-traded notes (ETN), loans, and securitization, along with alternative funds.

Globally, the crypto market capitalization exceeded $2.5 trillion (as per Forbes), with the world’s largest cryptocurrency setting a record high of over $73,000. Its market cap reached $1.4 trillion in mid-March 2024. The cryptocurrency market should reach ~$6.6 billion in 2024. Forbes also reported that the users in the cryptocurrency market should reach 107.30 million by 2025.

Growth in the cryptocurrency market should primarily be led by higher acceptance and adoption of cryptocurrencies by institutions and individuals, increased usage of decentralized finance (DeFi) platforms, advancements in blockchain technology, and higher usage for cross-border transactions.

Our methodology

We sifted through several communities, subreddits, and threads, and narrowed our list to the 12 best cryptocurrencies by selecting the trending ones. Finally, these have been ranked in ascending order of their market capitalization, as of August 29.

At Insider Monkey, we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

A computer engineer working in a futuristic office, programming algorithms to mine cryptocurrency.

Chainlink (LINK)

Market capitalization as of August 29: $6.7 billion

Chainlink (LINK) refers to an Ethereum token, that powers the Chainlink decentralized oracle network. This network enables smart contracts on Ethereum to connect to external data sources, APIs, and payment systems securely and efficiently. Its network is supported by a diverse community of data providers, node operators, along with smart contract developers. Its approach targets to integration of off-chain data in smart contracts, which helps in positioning it in the data processing field.

Chainlink operates through a network of decentralized oracle nodes. Such nodes garner data from external sources and then relay it to smart contracts. Through this process, smart contracts can interact with data that is outside of their native blockchain.

Its recent collaboration with SWIFT to transfer tokenized assets through multiple blockchains demonstrates its potential to address the gap between traditional finance and blockchain technology.

Overall LINK ranks 6th on our list of the best cryptocurrencies to invest in right now. While we acknowledge the potential of LINK as an investment, our conviction lies in the belief that some deeply undervalued AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for a deeply undervalued AI stock that is more promising than LINK but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: $30 Trillion Opportunity: 15 Best Humanoid Robot Stocks to Buy According to Morgan Stanley and Jim Cramer Says NVIDIA ‘Has Become A Wasteland’

Disclosure: None. This article is originally published at Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!