Crypto Research

Highlights from the North American listed crypto, blockchain and mining stocks:Bit Digital (NASDAQ: BTBT) was the best performing stock this week losing 3.6%.HIVE Blockchain Technologies (TSX.V:HIVE) filed a $100M mixed shelf prospectusHut 8 Mining (TSX: HUT)announced plans pay down $20 million in debt during first quarter after saying it would borrow $11.8 million for equipment financianing from Foundry, another DCG subsidiaryMarathon Patent Group (NASDAQ: MARA) has added $150 million in bitcoin to their treasury holdings Diginex (NASDAQ:...

THE HEADLINES [Members Area Crypto] FINCEN EXTENDS COMMENT PERIOD FOR UNHOSTED WALLET PROPOSAL UNTIL MARCH www. fincen. gov The Financial Crimes Enforcement Network (FinCEN) has extended the reopened comment period that would require digital currency exchanges to track information for unhosted wallet transactions another 60 days until the end of March. [Members Area Crypto] SOUTH AFRICAN FINANCIAL WATCHDOG REDEFINING CRYPTO ROLE www. bloomberg. com The South African Financial Sector Conduct...

THE HEADLINES [Members Area Crypto] NO EXISTING CRYPTOCURRENCY IS STRUCTURED TO SURVIVE OVER LONG TERM www. reuters. com Bank of England Governor Andrew Bailey does not believe an existing cryptocurrency has a structure (design, governance and arrangement) that will survive as a means of payment over the long term. [Members Area Crypto] RBI EXPLORING CBDC www. rbidocs. rbi. org. in The Reserve Bank of India issued a report defining the...

THE HEADLINES [Members Area Crypto] CRYPTOCURRENCIES WONT REPLACE FIAT BUT COULD REPLACE GOLD www. thenationalnews. com The Bank of Singapore believes that privately-issued digital currencies are unlikely to replace government-issued fiat currencies as a medium of exchange, however cryptocurrencies could replace gold as an electronic store of value once key hurdles such as trust, volatility, regulatory acceptance and reputational risks are overcome [Members Area Crypto] LEADING MAYORS OFFER SUPPORT TO...

THE HEADLINES [Members Area Crypto] YELLEN CONSIDERING BENEFITS OF DIGITAL CURRENCIES www. finance. senate. gov In a written response to follow-up questions provided to proposed Treasury Secretary Janet Yellen, the former head of the Federal Reserve said “it [is] important [that the US] consider the benefits of cryptocurrencies and other digital assets, and the potential they have to improve the efficiency of the financial system…how to encourage their use for...

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)...

THE HEADLINES [Members Area Crypto] YELLEN HAS 'CONCERN' OVER CRYPTO'S USE IN CRIMINAL ACTIVITIES www. youtu. be Janet Yellen responded to confirmation hearing questions regarding terrorist and criminal financing to express that she considers cryptocurrencies to be of “particular concern” adding that the US needs to examine ways to curtail the use of crypto in illicit activities. (4:32) [Members Area Crypto] FRANCE TRIALS DIGITAL CURRENCY FOR INTERBANK SETTLEMENT www. coindesk....

For a full copy of this report in PDF format, click this link. Ethereum (ETH) reached a new all time high of $1,440 today, passing the previous high set during January 2018 at the peak of the crypto bubble. We’ve been recommending an overweight in Ethereum since April 2020 and continue to see upside. We continue to believe Ethereum fundamentals are incredibly strong and think ETH represents the best risk /...

THE HEADLINES [Members Area Crypto] 2021 TO BE YEAR OF THE PETRO www. coinnounce. com Venezuelan president Nicolás Maduro used his annual speech at the National Assembly to proclaim that 2021 will be the year of the oil-backed petro by promising to boost a “100% national digital economy” agenda through a “complete digitalization process.” [Members Area Crypto] ECUADORIAN PRESIDENTIAL CANDIDATE LOOKING TO IMPOSE NATIONAL DIGITAL CURRENCY www. decrypt. co Geovanni...

THE HEADLINES [Members Area Crypto] FINCEN EXTENDS COMMENT PERIOD FOR UNHOSTED WALLET PROPOSALS www. fincen. gov The Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) has reopened the comment period for its recent proposed rulemaking regarding transactions involving digital currency transactions providing 15 additional days for comments on the proposed reporting requirements for transactions involving unhosted wallets and an additional 45 days for for comments on the proposed requirements that...

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...