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Canaan News
The million-dollar question in the coin industry - when will the retail army take action?
Despite Bitcoin's historic gains in the first quarter, the data shows that retail investors are not doing their best. What are they waiting for?
Digital currency miners have felt the pressure to “halve”. The next step is to throw away Bitcoin to decompress?
According to research firm Kaiko, the cryptocurrency market may face greater selling pressure as the income of Bitcoin miners with large digital currency assets falls sharply. “If miners are forced to sell even a small portion of their assets next month, it will have a negative impact on the market. During the summer months, trading activity usually slows down, and liquidity is insufficient.”
Ethereum Knocking at Support's Door
Crypto market capitalisation rose 0.8% over the past 24 hours to 2.2 trillion, but growth exceeded 2% for most of the period.
Standard Chartered is bullish on Bitcoin: it will rush to $150,000 by the end of the year, Trump's victory is a positive factor
① Geoff Kendrick, head of foreign exchange research and digital asset research at Standard Chartered Bank, believes that Bitcoin will reach 150,000 US dollars by the end of the year; ② He believes that if Trump wins the November presidential election, it will be positive for Bitcoin; ③ he also pointed out that as investors seek alternative assets, digital assets will receive more support.
Over 3.6 trillion dollars of market capitalization evaporated! Bitcoin may face the longest continuous decline in the year
On May 10, 2024, Coinmarketcap data showed that since the Bitcoin price hit an all-time high of 7,3798 US dollars in mid-March, its price trend has continued to fluctuate and decline for 2 months. Currently, the price is hovering around 62,000 US dollars.
The Nasdaq Golden Dragon China Index initially closed up 1.6%, the popular Chinese securities company Jianan Technology rose 4.9%, Xiaopeng rose 3.3%, and Jinshanyun, Station B, Land Control, Yum China, and NIO Auto rose at least 2%.
The Nasdaq Golden Dragon China Index initially closed up 1.6%, the popular Chinese securities company Jianan Technology rose 4.9%, Xiaopeng rose 3.3%, and Jinshanyun, Station B, Land Control, Yum China, and NIO Auto rose at least 2%.
Canaan Launches Advanced Avalon A1566 Miner
Canaan Debuts Avalon A15 New Product Series
HONG KONG, May 9, 2024 /PRNewswire/ -- Canaan Inc. launched the star product A 1566 of Avalon A15 series, an upgraded bitcoin mining machine with Canaan's most advanced technology. Building on the p
Cryptocurrencies Price Prediction: Ethereum, Bitcoin & AI Tokens — Asian Wrap 09 May
Meanwhile, data shows that some holder segments continue to buy up.
The Nasdaq Golden Dragon China Index initially closed down 0.7%. The popular Chinese securities company Xiaopeng Auto fell 6.5%, Lu Control fell 5.2%, NIO fell 5.2%, Ideal fell 4.3%, Station B fell 1.4%, Pinduoduo rose 1.1%, and Canan Technology rose 4.5%
The Nasdaq Golden Dragon China Index initially closed down 0.7%. The popular Chinese securities company Xiaopeng Auto fell 6.5%, Lu Control fell 5.2%, NIO fell 5.2%, Ideal fell 4.3%, Station B fell 1.4%, Pinduoduo rose 1.1%, and Canan Technology rose 4.5%.
Cryptocurrencies Price Prediction: Ethereum, Solana & Bitcoin — Asian Wrap 08 May
Ethereum resume sideways move as Grayscale files to withdraw Ethereum futures ETF application with the SEC.
Solana FireDancer Validator Launches Documentation Website, SOL Price Holds 23% Weekly Gains
Solana FireDancer validator has debuted, meant to replicate Solana’s functionality but with higher performance.
XRP Ranges Above $0.53 as SEC Files Reply to Ripple Under Seal
Ripple lawsuit sees SEC file its reply under seal, alongside supporting exhibits.
Tech Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Slightly Higher in Monday Trading
Asian equities traded in the US as American depositary receipts opened the week slightly higher in Monday morning trading, led by tech stocks, rising 0.16% to 1,918.19 on the S&P Asia 50 ADR Index. Fr
Bitcoin returns above 64,000: from fear to greed in just one weekend
Just as fast as the Bitcoin market returned, investor confidence seemed to quickly recover over the weekend.
Sui Daily Transactions Reach 41 Million, Overtakes Solana With SUI Price Primed for Recovery
Sui (SUI) price has dipped 3 % in the past 24 hours and remains down 15% in the last week.
US stocks closed | NASDAQ rose about 2%, Apple surged 6% after the results, and Nvidia rose more than 3%
The three major US stock indexes closed up at least 1%; Amgen led the S&P and Dow, the diet drug duo Lilai once fell more than 3%, and Novo Nord Europe shares once fell more than 5%; the chip stock index closed up more than 2% and still fell throughout the week. Qualcomm's sharp rise fell back the next day, and AMD earnings fell more than 4% in the week
The Nasdaq Golden Dragon China Index initially closed up 1.6%, the popular Chinese securities New Oriental rose 4.8%, NetEase rose 4.1%, Yum Sheng China rose 2.6%, Pinduoduo, Baidu, and Land Control rose 1.8%, Station B rose 0.7%, NIO Auto fell 0.4%, Jins
The Nasdaq Golden Dragon China Index initially closed up 1.6%, the popular Chinese securities New Oriental rose 4.8%, NetEase rose 4.1%, Yum Sheng China rose 2.6%, Pinduoduo, Baidu, and Land Control rose 1.8%, Station B rose 0.7%, NIO Auto fell 0.4%, Jinshan Yunyun fell 2.4%, Ideal fell 3.4%, Xiaopeng fell 3.5%, and Canan Technology fell 4%.
Asian Equities Traded in the US as American Depositary Receipts Rise Sharply in Thursday Trading
Asian equities traded in the US as American depositary receipts were trending sharply higher Thursday morning, rising 1.53% to 1,865.93 on the S&P Asia 50 ADR Index. From North Asia, the gainers were
Bitcoin Faces Its Worst Month Since FTX Crash! Is the price pullback an opportunity or a trap?
Bitcoin is experiencing its worst month since Sam Bankman-Fried's FTX empire collapsed as the US exchange-traded fund (ETF) frenzy over the biggest digital asset subsides. Bitcoin fell nearly 14% in April, the biggest monthly decline since falling 16 in November 2022.
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