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Avalon Mining Rig Maker Canaan Files for $400M IPO on Nasdaq


Mining rig manufacturer Canaan has filed for an IPO with the U.S. Securities and Exchange Commission to raise $400 million on the Nasdaq Global Market. Prior to this filing, the company had also attempted to go public in Hong Kong and China. Credit Suisse and Citigroup are among its underwriters....

Speculation Abounds Over the Cause of Bitcoin’s Recent Rally


Crypto’s most recent bull run began last Friday, October 25, after a significant plunge in prices just days earlier that had some prognosticators worried about a return to late 2018 and early 2019’s bleak crypto winter. Since the recent spike, prices have held relatively steady...

Crypto Market Sentiment Back to Pre-Crash Level; Bitcoin Reigns Alone


It has been an interesting past week for the Cryptoverse, seeing both a crash and a rally. The combined 7-day Sentscore for the top 10 coins by market capitalization didn’t rise for the fourth week in a row, but it didn’t drop either. It’s still at 4.94/10, where we saw it last Monday, according...

Market Update: Crypto Prices Hold Steady After Massive Bullish Spike


Digital currency markets are coasting along after an enormous move on Friday of more than 20-40%. The entire cryptoconomy is hovering around $249 billion as it gained a whopping $30 billion very quickly this week. Crypto prices corrected a touch since the spike, but are still well above the lows...

Market Update: Crypto Prices Spike Significantly In a Matter of Minutes


Digital currency markets have seen a strong price spike on Friday, adding billions to the overall market capitalization of the entire cryptoconomy. The surprise upward trend shows a few of the top-performing cryptocurrencies have gained between 10-20% in the last 24 hours. Also read: FATF Starts...

Ripple Escalates to $0.284 in the Intraday Market


Ripple (XRP) price marks heavy escalation during intraday trading The coin reverses yesterday’s fall The crypto market embarked on the bullish trend from the beginning of the day. Many currencies in the market have already recovered, and others are speculated to go green in some hours. Ripple...

Market's Red, but These 6 Altcoins in the Top 50 are Up by Two Digits


Source: iStock/Dmitrii_Guzhanin Six of the top 50 coins by market capitalization have risen from the after-crash blood into the market greenery with a double-digit rise in the past seven days. After the market crashed on October 23rd, with Bitcoin (BTC) now holding onto the USD 7,500 level, most...

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