BitDigest January 21 · Issue #825

Jan 21, 2021
  • Bitcoin slide below $33,000 pulls crypto market cap down another 4%
  • President delays decision on FinCEN proposal for unhosted crypto wallets
  • The European Central Bank and European Commission issued a joint statement on plans to explore the issuance of a digital euro
BitDigest January 21 · Issue #825

Weekly Stock Review

BitDigest January 21 · Issue #825

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

  • Voyager Digital (CSE: VYGR) was the best performing stock this week returning 41.7%.
  • Riot Blockchain (NASDAQ: RIOT) announced receipt and deployment of 2,500 Bitmain S19 Pro Antminers bring its total hash rate capacity to 842 Phash/s.
  • Hive Blockchain (TSX.V: HIVE) announced it achieved its 2021 ASIC capacity goal of 1,000 PH/s and will increase its bitcoin mining capacity to 2,000 PH/s by the end of 2021.
  • Bit Digital (NASDAQ: BTBT) was this week’s worst performer returning negative 26.7%.
  • Bitcoin’s 10.7% 7-day return underperformed the market compared to the equity mean return of -1.9% and median of -8.3%.

The Headlines

Market Data

Exchange, Custody and Product News

Thoughts on the Ecosystem

Stay up to date with the latest articles and business updates. Subscribe to our newsletter

Articles Read 1/2

Enjoyed the read? Subscribe now for unlimited access!

Get invaluable analysis of the market and stocks. Cancel at any time.

Already have an account? Sign In