BitDigest December 14 · Issue #803
- Crypto prices are basically flat this morning following a weekend run-up that added 7% to the total market cap
- Crypto supporters differentiate bitcoin from US treasury by suggesting unliking the Treasury, bitcoin has never been hacked
- Riksbank working on 2-year CBDC study
I have updated the daily charts to account for the increasing role digital currencies are playing in public markets (I am still only focusing on North American traded stocks.) In addition to the regular cryptocurrencies, I have added information on the leading products providing exposure to digital assets in the form of securities.
I am also including a new index tracking the performance of the digital mining and crypto equipment suppliers. Finally, I will be identifying the companies achieving the highest and lowest performance over the prior trading day as well as the most active stocks by volume. I am also planning to begin adding the “🅱️” emoji to any notes I include with news articles to differentiate my thoughts from the article’s information.
Correction: On Friday I reported that the premium to NAV for the the Bitwise 10 Crypto Index Fund (OTCQX: BITW) jumped in its second day of trading to over 225%. This number was a typo. The actual premium to NAV was 116%. This information will be shared daily in the above chart.