BitDigest August 20 · Issue #725

• Crypto prices struggle to break upward resistance levels
• Hawaii is piloting a regulatory crypto sandbox
• The first Congressional Cryptocurrency Town Hall is being held later today

Weekly Stock Review

Highlights from the North American listed crypto, blockchain and mining stocks:

• While Ebang International Holdings (NASDAQ: EBON) was this week’s top performer, gaining 24.9%, Grayscale Litecoin Trust (OTCQX: LTCN) gets honorable mention. LTCN began trading this week and gained 117% in yesterday’s session alone.
• Galaxy Digital Holdings (TSX: GLXY.TO), Grayscale Bitcoin Cash Trust (OTCQX: BCHG), and The Bitcoin Fund (TSX: QBTC-U.TO) all hit new 52-week highs
• Grayscale Ethereum Trust (OTCQX: ETHE) decline in premium to NAV continues; since July 11th, the premium has declined from 846% to 79%
• EBON announced plans to diversify from crypto miner production and will establish a digital currency exchange in Singapore.
• Both GLXY.TO and Hut 8 Mining (TSX: HUT.TO) reported weaker Q2 results.
• Grayscale Bitcoin Cash Trust (OTCQX: BCHG) also began trading this week.
• ETHE was the under-performer this week, dropping 13.9%.

The Headlines

Market Data

Exchange, Custody and Product News

Thoughts on the Ecosystem