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home / news releases / EBON - GreenBox Canaan among top tech losers during this week's Bitcoin rollercoaster

EBON - GreenBox Canaan among top tech losers during this week's Bitcoin rollercoaster

Ebang International Holdings Inc.
peshkov/iStock via Getty Images The rollercoaster performance of Bitcoin (BTC-USD) this week as China extended its crypto mining crackdown drove this week's largest tech stock decliners. GreenBox POS (GBOX) shares pulled back over 21% this week after announcing the pilot launch of its stablecoin token COYNI with $5M deposited as initial seed capital.  Ebang International (EBON) was down 15% this week. In April, the company launched its EBONEX cryptocurrency exchange.  Crypto mining machine company Canaan (CAN) is wrapping up the week down nearly 14% after initiating its own bitcoin mining operations in Kazakhstan.

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GreenBox, Canaan among top tech losers during this week's Bitcoin rollercoaster
Stock Information
Company Name: Ebang International Holdings Inc.
Stock Symbol: EBON
Market: NASDAQ
Website: ebang.com.cn
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