Bitcoin prices saw muted action on Thursday, while futures for the digital currency were on pace to register their first weekly loss in the past three weeks, underlining a downtrend for the virtual asset.
A single bitcoin BTCUSD, -0.10% was trading at $6,490.33, off 0.2%, since Wednesday at 5 p.m. Eastern Time of the Kraken exchange.
Trading for bitcoin comes after Bitmain Technologies, the largest digital currency mining company in the world, offered a peek in to its financials, amid the company’s plan to list on the Hong Kong stock exchange.
Public documents showed that the Beijing crypto miner recorded $2.8 billion in revenue in the six months ending June 2018, representing a 10-fold increase from the same period in 2017.
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Other crypto trading
The digital assets that run atop Ripple’s blockchain, XRP coin XRPUSD, -1.85% fell by 1.7%, Thursday to 52 cents. A blockchain refers to the distributed-ledger technology that is a hallmark of most cryptocurrencies.
Ether ETHUSD, -0.91% the third-largest digital currency by market value, was off 0.8% at $217.35, while Litecoin LTCUSD, +7.63% jumped 7.2% to change hands at $62.78.
Bitcoin Cash BCHUSD, +3.97% climbed 5.1% to $561.50.
Bitcoin futures were slightly higher midday Thursday. The Cboe Global Markets Group Inc.’s October contract XBTV8, +0.23% gained 0.2% at $6,480 and the CME Group Inc. September contract BTCU8, +0.08% also traded about 0.2% higher at $6,495. If current levels hold both contracts are on pace to book a weekly loss of more than 3%, which would represent the first in the past three sessions, according to FactSet data.
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