Mining Closures Reveal Recurring Bitcoin Bear Market Trend

Another bitcoin miner this week shut down its operations, though the news didn’t come as much of a shock. The latest closure, of U.S.-based Giga Watt which went bankrupt last year, follows a trend among large mining operations that stretches back years. Also read: No Reason to ‘Bury’ Cryptocurrencies, Russian […]

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ICE’s Bitcoin Startup Bakkt Raises $182 Mln

Bakkt, the crypto currency exchange startup owned by Intercontinental Exchange (ICE), raised $182.5 million to build its global digital assets platform and bitcoin futures product. Baktt CEO Kelly Loeffler said the company completed its first round of funding from 12 partners and investors, which included Boston Consulting Group, Galaxy Digital, […]

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