Crypto Research
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Highlights from the North American listed crypto, blockchain and mining stocks:Canadian digital exchange Voyager Digital (CSE: VYGR) was the best performing stock this week returning 41.7%.Hut 8 Mining (TSX: HUT) completed a C$77.5M private placement of shares and warrantsMarathon Patent Group (NASDAQ: MARA) priced 12.5M-share secondary sale at $20/shareGalaxy Digital Holdings (TSX: GLXY) reported asset undr management (AUM) of C$815.2M Diginex (NASDAQ: EQUS) announced a $38.60M private placement to further invest in and accelerate the roll-out of its digital...
After raising our outlook 50% from $25,000 to $40,000 on December 30th, Bitcoin quickly rose to reach our target late last week. Prices then started to consolidate and slide over the weekend before retracing ~25% down to ~$30,000 and now rebounding to ~$33,800. Bitcoin and crypto are volatile assets, but the speed at which prices moved to hit our target was quite fast and we think a pull back is...
Highlights from the North American listed crypto, blockchain and mining stocks:Marathon Patent Group (NASDAQ: MARA) is the top performing stock of the week returning over 55%. The company announced the signing of a non-binding memorandum of understanding to create North America’s first cooperative mining pool. MARA also completed its previously announced $200 million shelf offering ending the 2020 fiscal year with $217 million in cash on its balance sheet.Chinese mining equipment manufacturer Canaan has...