Things are not looking rosy for Chinese bitcoin mining giant Canaan after day one of trading and they could get far worse today. BTC has dumped almost 4.5% in 24 hours and crypto markets have shed $10 billion in total so a red Friday is about to begin. Mining Shares End Flat on Day 1 The long-awaited IPO for Chinese crypto mining hardware manufacturer Canaan kicked off with a $90 million listing. Bloomberg reported thatRead MoreThe post Chinese Mining Giant Trades First Day Flat as Crypto Markets Dump 5% appeared first on Bitcoinist.com.
