This Week In Crypto: Trump/Musk Split, Gemini and Circle IPO, Altcoin Bear Market, and More

2025-6-7 17:05

This week, the crypto world saw major shifts, including a high-profile breakup between Trump and Musk, a Spanish coffee chain investing heavily in Bitcoin, and Gemini's IPO filing. Meanwhile, altcoins continue their prolonged bear market. origin »

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Bitcoin Mining Giant Bitmain Reveals $500 Million Loss; End of the IPO Dream?

The world’s largest maker of cryptocurrency mining equipment Bitmain made a $0. 5 billion loss in 2018’s Q3, CoinDesk reports. Citing a source who viewed an update that was filed with the Hong Kong Stock Exchange the publication also reported that Bitmain generated revenues of more than $3 billion during the first three quarters of 2018 with only $200 million being generated in Q3.

2019-2-19 16:53