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Cryptocurrencies took the world by storm when Bitcoin was first introduced, acting as the world’s first decentralized online currency. The crypto market had limited barriers to entry compared to traditional finance and offered fast, secure, and private payments to users. The fact that...
The crypto winter might still be upon us, but Canaan (NASDAQ: CAN) had a bit of heat under it on Thursday. Following the release of the Bitcoin (CRYPTO: BTC) mining equipment maker's latest quarterly results, investors sent its share price nearly 1% higher on the day. Ch...
Vancouver, Kelowna, Delta, BC - August 18, 2022 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings you today's edition of the Crypto Corner podcast and commentary on what's driving cryptocurrency stocks and the crypto market. The ...
Canaan Inc. (CAN) Q2 2022 Earnings Conference Call August 18, 2022, 08:00 AM ET Company Participants Clark Soucy - IR, Director of the Company Nangeng Zhang - Chairman and CEO James Cheng - CFO Conference Call Participants Jiaer Zhu - China Renaissanc...
Canaan Inc. (NASDAQ: CAN) Chief Executive Officer Nangeng Zhang believes the Bitcoin ( BTC/USD ) mining hardware provider, and the broader sector , could see “prolonged headwinds” in the next few months as the crypto market battles the downside pressure that...
Canaan press release ( NASDAQ: CAN ): Q2 GAAP EPADS of $0.53. Non-GAAP adjusted net income was $102.7M, representing an increase of 26.6% from the first quarter of 2022 and an increase of 115.0% from the same period of 2021. Revenue of $246.7M (+52.8% Y/Y). To...
Canaan Inc. Reports Unaudited Second Quarter 2022 Financial Results PR Newswire BEIJING , Aug. 18, 2022 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced its una...
Canaan ( NASDAQ: CAN ) is scheduled to announce Q2 earnings results on Thursday, August 18th, before market open. The consensus EPS Estimate is $0.39 (+77.3% Y/Y) and the consensus Revenue Estimate is $254.67M (+52.0% Y/Y). Over the last 3 months, EPS estimates have se...
BITQ tracks a passive 30-stock crypto index created by Bitwise. BITQ's management fees are among the highest in the crypto ETF space. I am bearish on the Fund over the next 4-6 months and, on a bullish turn, believe there are better crypto ETF options for investors. BITQ's has...
Blockchain technology isn’t going anywhere anytime soon. Even though the crypto market is currently experiencing a crypto winter that has caused most cryptos to lose more than 50% of their value, organizations are still keen on leveraging blockchain. Thanks to its decentralized nature...
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Canaan Attended Bitcoin 2024 in Nashville and Initiated its CAN Community Canada NewsWire NASHVILLE, Tenn. , July 29, 2024 /CNW/ -- Canaan Inc. (NASDAQ: CAN), a leader in high-performance computing solutions and creator of ASIC Bitcoin miners, announced i...
For the past few weeks, the government of Germany has been offloading a significant amount of Bitcoin , contributing to the crypto’s recent downturn. In June, the Federal Criminal Police Office (BKA) started selling Bitcoin, originally seized from a defunct movie piracy website, from a wa...
Canaan Launches the Third Generation of Immersion Cooling Avalon Miner A1566I at Mining Disrupt 2024 Canada NewsWire MIAMI , June 26, 2024 /CNW/ -- Canaan Inc. (NASDAQ: CAN), the creator of ASIC Bitcoin miners, unveiled its latest advancement, the Avalon ...