BitDigest July 30 · Issue #711
- Crypto prices showing slight pull back after days of upward movement
- North American listed crypto companies show great returns this week
- Bank of Japan wants to ensure digital yen can operate with loss of power
Weekly Stock Review
Highlights from the North American listed crypto, blockchain and mining stocks:
- Marathon Patent Group (NASDAQ: MARA) was the best performer out of the North American crypto and blockchain stocks as its price rose 73% and average volume grew 62%. MARA also announced it purchased 700 ASIC miners from MicroBT with expected delivery in mid-April, and reported that 600 of the 1,660 miners previously ordered from Bitmain would arrive around the same time.
- Both the The Bitcon Fund (TSX: QBTC-U.TO) and (NASDAQ: BLCN) Reality Shares Nasdaq NexGen Economy ETF hit 52-week highs over the past 7-days.
- Canaan (NASDAQ: CAN) showed positive growth in their stock price, up 16.7%, but average volume decreased significantly falling 44% to 2.8 million shares.
- Hive Blockchain (TSX: HIVE.V) announced it was delaying the release of its Q4’20 financial statements due to COVID-19 circumstances, and the company has partnered on an EU funded project to identify key engineering principles in the design of energy-efficient data centers.
The Headlines
BoJ Wants to Ensure CBDC Offers Universal 'Access' and 'Resiliency'
Cambodia's Intrabank Currency to be Live Soon
Don't Mine Crypto on Government Issued Mobile Phones
Iran to Allow Industrial-Scale Power Plants to Mine Cryptocurrencies
UAE KYC-Blockchain Network Live
Diginex Launches New Crypto Exchange Ahead of Nasdaq Listing
Maker Approves MANA as Collateral
tZERO Provides Update on Company Progress
Market Data
93% of Bitcoin Addresses Profitable
Exchange, Custody and Product News
Huobi Adds Asset Management Offering
Coinbase Offering Dai Holders 2%
Thoughts on the Ecosystem
Bitcoin Less Extended than Gold
Next Bitcoin Bull Run Will be Different
Reports you may have missed
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