BitDigest June 4 · Issue #672
- Crypto markets remain flat overnight
- The Trump administration has renominated Crypto Mom for a second term as an SEC Commissioner
- France has approved a regulated initial coin offering
Weekly Stock Review
Key highlights from North American listed crypto, blockchain and mining stocks:
- Average daily volume for Canaan (Nasdaq: CAN) jumped 77% on the week as the Chinese mining equipment supplier is the only company to report negative weekly returns.
- Galaxy Digital (TSX: GLXY.V) announced a Q1’20 loss of C$ 27.7 million. Pricing has increased by 23.7% this week, taking the stock price more incline with the company’s net book value of C$1.64.
- The premium to NAV of Grayscale’s Ethereum Trust (OTCX: ETHE) increased 68% this week to 788%.
Note: Marathon Patent Group (NASDAQ: MARA), a crypto mining company, has been added to the weekly tracking list.
The Headlines
Crypto Mom Nominated for Second Term as SEC Commissioner
France Approves $11 million ICO
NY DFS Signs Fintech Cooperation Agreement with France
Ripple Meets with Bank of Brazil
Tencent Cloud Building Industry-wide Blockchain Standards Organization
Bittrex and Poloniex Added as Collaborators to Bitfinex-Tether Class Action Lawsuit
Latest Bitcoin Core Code Protects Against Censorship / Spoofing Attack
Marathon Completes Phase 1 of Current Expansion
Market Data
Bloomberg Bullish on Bitcoin
Chinese BTC Hashrate Dominance Declined 27% over 24-month Span
Exchange, Custody and Product News
Kakao Releases Crypto Wallet
Thoughts on the Ecosystem
Self-Sovereign Identity Could Become Primary Login Finction
Reports you may have missed
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