BitDigest July 9 · Issue #696
Jul 9, 2020
Author
- Altcoins continue move higher as bitcoin dominance declines
- Malaysia has ruled that crypto trading is permissible under Shariah law
- The CFTC’s set the development of a holistic framework covering digital assets as a key tenet in its new 5 year plan
Weekly Stock Review
Highlights from the North American listed crypto, blockchain and mining stocks:
- Galaxy Digital Holdings (TSX: GLXY.V) up listed from the Toronto Stock Exchange’s (TSX) Venture Exchange to the main TSX. In celebration of this event, company employees participated in a virtual opening of the market.
- Pricing of the Grayscale Ethereum Trust (OTCX: ETHE) fell 24% this week as its premium to NAV fell again plummeting 46% but ETHE is still posting a substantial 270% premium.
- The premium on Graysclae’s Bitcoin Trust (OTCX: GBTC) jumped 42% this week rising to above 15% again.
- HIVE Blockchain Technologies (TSX: HIVE.V) announced that it ordered 200 new Bitmain Antminer S17e rigs for its operation in Quebec.
