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
BitDigest July 30 · Issue #711

Weekly Stock Review

BitDigest July 30 · Issue #711

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

Market Data

Exchange, Custody and Product News

Thoughts on the Ecosystem

Disclosures (show)