BitDigest September 3 · Issue #735

  • Crypto prices slide yesterday in late morning trading
  • Senate Banking Committee wants clearer regulations for national banks to use digital currencies and blockchain for payments
  • Congressional leaders ask Trump Administration to use blockchain technology to support COVID-19 assistance programs
BitDigest September 3 · Issue #735

Weekly Stock Review

BitDigest September 3 · Issue #735

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

  • Hive Blockchain Technologies (TSX: HIVE.V) is the top performing stock this week posting a 9.4% return.
  • Canaan (NASDAQ: CAN) reported Q2 revenue of $25 million, down 26% year-over-year.
  • Hut 8 Mining Corp (TSX: HUT) announced that it has formally taken over site management at its Drumheller, AB operation from the Bitfury Group.
  • The premium to NAV for the Grayscale Ethereum Trust (OTCQX: ETHE)  has continued to decline and is now just under 33%, falling 59% compared to last week.
  • Although the Grayscale Litecoin Trust (OTCQX: LTCN) posted the same price as last week, its net asset value  declined slightly boosting its premium to NAV to 674%
  • The Grayscale Bitcoin Cash Trust (OTCQX: BCHG) is the worst performer falling 26%.

The Headlines

Market Data

Exchange, Custody and Product News

Thoughts on the Ecosystem

Disclosures (show)