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Aug 28, 2018
A New Survey from Deloitte: Blockchain is Getting Closer to its Breakout Moment Every Day

A New Survey from Deloitte: Blockchain is Getting Closer to its Breakout Moment Every Day

The researchers at Deloitte surveyed 1,053 senior executives at companies with $500 million or more in annual revenue in seven countries: USA, Canada, China, France, Germany, Mexico, UK. 

More than one-third of respondents survey say they’ve already brought a blockchain implementation to production; another 41% plan to bring blockchain to production in the next year.

2018 global blockchain survey from Deloitte reveals that 84% of respondents are strongly bullish on blockchain’s potential, because of its ability to broadly scale and reach mainstream adoption. A majority also agreed that blockchain technology will disrupt their industry. 

In addition, 84% think that blockchain is more secure than conventional IT systems. 

According to the survey: “the most common answer when asked about blockchain’s advantages over existing systems was greater speed. This suggests companies are interested in leveraging blockchain’s real-time information exchange capabilities to speed up business processes and gain operational efficiencies. Additionally, 28% of respondents believe that blockchain can help them unlock new revenue sources and business models, underscoring the technology’s disruptive potential."

Overall, 60% believe that they will lose a competitive advantage if they don’t adopt blockchain.

Related Ticker: BLOK

Contributor

Serhii Bondarenko is an AI-focused trading strategist and financial markets analyst specializing in the development and application of AI trading bots and autonomous trading agents. His work combines technical analysis, fundamental analysis, and quantitative research to identify market patterns, forecast price movements, and analyze liquidity, volatility, and correlations across global stock markets. Serhii actively publishes market insights, forecasts, and trading frameworks on platforms such as Investing.com and Finextra, with a strong focus on AI-driven decision-making and next-generation algorithmic trading. His research aims to bridge the gap between traditional trading methodologies and advanced artificial intelligence, helping traders and investors navigate complex and rapidly evolving market conditions.


BLOK sees MACD Histogram just turned negative

BLOK saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 28, 2026. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 48 instances where the indicator turned negative. In 44 of the 48 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 90%.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on October 01, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on BLOK as a result. In 70 of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 86%.

BLOK moved below its 50-day moving average on September 29, 2026 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BLOK declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 88%.

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a +0.99% 3-day Advance, the price is estimated to grow further. Considering data from situations where BLOK advanced for three days, in 297 of 327 cases, the price rose further within the following month. The odds of a continued upward trend are 90%.

The Aroon Indicator entered an Uptrend today. In 280 of 312 cases where BLOK Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), Broadcom Inc. (NASDAQ:AVGO), Advanced Micro Devices (NASDAQ:AMD), VISA (NYSE:V), Mastercard (NYSE:MA), Dell Technologies (NYSE:DELL), International Business Machines Corp (NYSE:IBM), PayPal Holdings (NASDAQ:PYPL), Block Inc (NYSE:XYZ).

Industry description

The investment seeks to provide investors with total return. The fund is an actively managed ETF that seeks to provide total return by investing at least 80% of its net assets (plus borrowings for investment purposes) in the equity securities of companies actively involved in the development and utilization of blockchain technologies.

Market Cap

The average market capitalization across the Amplify Blockchain Technology ETF (BLOK) ETF is 304.59B. The market cap for tickers in the group ranges from 223.5M to 5.53T. NVDA holds the highest valuation in this group at 5.53T. The lowest valued company is EXOD at 223.5M.

High and low price notable news

The average weekly price growth across all stocks in the Amplify Blockchain Technology ETF (BLOK) ETF was -1%. For the same ETF, the average monthly price growth was -7%, and the average quarterly price growth was 12%. NU experienced the highest price growth at 23%, while NXH experienced the biggest fall at -40%.

Volume

The average weekly volume growth across all stocks in the Amplify Blockchain Technology ETF (BLOK) ETF was -12%. For the same stocks of the ETF, the average monthly volume growth was 0% and the average quarterly volume growth was -38%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 70
P/E Growth Rating: 56
Price Growth Rating: 52
SMR Rating: 63
Profit Risk Rating: 72
Seasonality Score: 26 (-100 ... +100)
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General Information

Category Digitalcurrency

Category
Equity Digital Assets
Address
Amplify ETF Trust3250 Lacey Road, Suite 130Downers Grove
Phone
(630) 464-7600
Web
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