BitDigest September 10 · Issue #739
Sep 10, 2020
Author
- Dull days of crypto summer appear to be over – market volatility returning
- Houses passes legislation supporting blockchain research
- Mastercard introduces platform for central banks to evaluate digital currency use-cases and roll-out strategies
Weekly Stock Review
Highlights from the North American listed crypto, blockchain and mining stocks:
- Chinese mining equipment supplier Ebang International (NASDAQ: EBON) hit a new 52-week high this week ($8.60) propelling it to the top performing asset spot, up 22.3% this week.
- Canaan (NASDAQ: CAN), a crypto rig manufacturer, announced a $10 million 12-month share repurchase program
- While the Premium to Nav of the Grayscale Bitcoin Trust was basically flat, all of the other Grayscale offerings showed significant increases led by the Ethereum Trust and Ethereum Classic Trust whose Premiums both jumped over 70%.
- Marathon Patent Group (NASDAQ: MARA) was the worst performer dropping 17.2% as analysts are beginning to question its ever changing micro-cap strategy.