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Bitcoin Futures Exchange Bakkt Raises $182.5 Million from BCG, Microsoft, Pantera Capital, and Others

Bitcoin enthusiasts are off to a promising start for 2019 as Bakkt announces the completion of a $182.5 million funding round from a host of influential venture capital funds. ‘Bakkt’ by the Biggest Bakkt was launched by the Intercontinental...

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Bitcoin Miners Eviscerated: Japan’s GMO Shuts Down Cryptocurrency Mining Hardware Division

GMO Internet, a major Japanese-based technology company, has shuttered its division responsible for designing and manufacturing mining chips. Mounting losses from a weak cryptocurrency market resulted in the sudden decision. In a statement released on Dec. 25, GMO explained...

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Bitcoin and Cryptocurrencies Pull Back While Dow Experiences Record-Breaking Rally

Bitcoin and the cryptocurrency markets are experiencing moderate pull-back while the Nasdaq, S&P 500, and the Dow erase their Christmas losses. Bitcoin and other cryptocurrencies experienced a strong rally leading up to Christmas, with total market capitalization surging from...

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