Bitmain S17+

Canaan’s Post-IPO Stock Plunge Reveals Sales Slump, Price War With Bitmain

Cryptocurrency mining computer-maker Canaan Inc. may have picked the worst time for its initial public stock offering.

By Bradley KeounDec 17, 2019

Credit: CoinDesk archives

of 1

Latest Crypto News

Today

2:55 PM

Neutral

BTC0.00%

Filecoin drops as bears test support

The storage token faced selling pressure at the $1.33 resistance level while institutions accumulated on the dips.

2:47 PM

Neutral

BTC0.00%

Bitcoin bulls eye possible tailwind as U.S. dollar index continues to leg lower

Metals and other hard assets continue their surge to new records as the greenback stumbles, but crypto has not responded.

2:09 PM

Negative

CoinDesk 20 Performance Update: Uniswap Drops 3.7% as All Index Constituents Decline

Internet Computer (ICP) was also an underperformer, down 2% from Monday.

2:01 PM

Negative

BTC0.00%

Polkadot's DOT slips 4.5% as token underperforms wider crypto markets

DOT is facing pressure as it tries to retake the $1.76 support/resistance level.

Explore Latest News

Newsletters

Newsletter thumbnail

CoinDesk Headlines

The biggest crypto news and ideas of the day.

By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy.

1 | Latest Cryptocurrency News, Bitcoin & Crypto Updates 2025