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

Market Data

Exchange, Custody and Product News

Thoughts on the Ecosystem