Can Cryptos Ever Gain Regulatory Approval?

Alp Erdogan | Analyst | Ubika Research | Alp@UbikaResearch.com | 1 (647) 479-5690
William Xiao | Associate | Ubika Research | William@UbikaResearch.com | 1 (647) 828-4632

The Ubika Blockchain and Cryptocurrency 20 gained nearly 14% year over year, surpassing the performance of the Toronto Venture exchange

Ubika Blockchain & Cryptocurrency 20 June 18, 2018 - August 24, 2018

UBC20:-15.5% (13.5% Y/Y)

TSX Venture:-5.7% (-7.1% Y/Y)

Bitcoin:-1.2% (57.1% Y/Y)

Dollar amounts in CAD unless otherwise stated.

Top Volume Gainers (m/m)

The UBC20 has declined 16.4% since our last report date, underperforming the TSX-V and Bitcoin, which declined 5.7% and increased 1.3%, respectively. Notable performers for this report include:

  1. NetCents Technology Inc (CSE:NC), which resumed trading on Friday and sank 23%.
  2. Glance Technologies Inc (CSE:GET), which dropped 20% following the aftermath of a proxy battle.

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