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Cryptocurrency mining stocks were up big on Tuesday, thanks to a price rebound among cryptocurrencies including Bitcoin (CRYPTO: BTC) , and thanks to a hot stock market. As of 12:30 p.m. ET, the S&P 500 was up 2%, which is a big move for a single day. And Bitcoin is up 4% ov...
FN Media Group Presents USA News Group News Commentary Vancouver, BC – December 6, 2021 – USA News Group – Back in 2019, Ripple CEO Brad Garlinghouse made the infamous prediction that Bitcoin (BTC) wouldn’t win worldwide adoption because...
VANCOUVER – USA News Group – Back in 2019, Ripple CEO Brad Garlinghouse made the infamous prediction that Bitcoin (BTC) wouldn’t win worldwide adoption because “ Bitcoin is really controlled by China .” Flash forward to 2021, where Bitcoin now is h...
Crypto miners as a whole are seeing a tremendous amount of selling pressure today. Right now, one of the biggest losers in this sector is Canaan (NASDAQ: CAN) , down nearly 25% as of 12:30 p.m. ET. At today's lows, Canaan dropped more than 28%. As a China-based crypto miner,...
Gainers: Celyad (NASDAQ:CYAD) +35%. Longeveron (NASDAQ:LGVN) +29%. Marvell Technology (NASDAQ:MRVL) +18%. Petros Pharmaceuticals (NASDAQ:PTPI) +17%. CTI BioPharma (NASDAQ:CTIC) +16%. Tilly's (NYSE:TLYS) +14%. Krispy Kreme (NASDAQ:DNUT) +10%. PetIQ (NASDAQ:PETQ) +9%. Vicinity (NASDAQ:VEV) +9%....
Canaan (NASDAQ:CAN), a Beijing-based maker of bitcoin mining equipment, delivered 2,000 of its Avalon mining rigs to Kazakhstan, CoinDesk reports, citing a press release. The delivery comes after Canaan (CAN) had announced in June that it would diversify its mining business into Kazakhs...
Palm Beach, FL – November 18, 2021 – FinancialNewsMedia.com News Commentary – Litecoin was released in October 2011 by Charlie Lee, a former Google employee. It is a fork of Bitcoin, with the main difference being a smaller block generation time. The pr...
Point Roberts, WA and Delta, BC - November 16, 2021 (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. ...
Canaan Inc. (CAN) Q3 2021 Earnings Conference Call November 16, 2021, 7:00 AM ET Company Participants Nangeng Zhang – Chairman and CEO G. Zhang – Investor Relations James Cheng – CFO Jingjie Wu – SVP Shaoke Li – Secretary of the Board Neshi Zhang – In...
Canaan (NASDAQ:CAN): Q3 GAAP EPADS of $0.41. Revenue of $204.5M (+708.2% Y/Y) Press Release As of September 30, 2021, the Company had cash and cash equivalents of $263.6M, up 334.0% compared to RMB391.3 million as of December 31, 2020. Total computing power sold was 6.7M Thash/s, up 128....
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Russia has emerged as a hub for ransomware-related activities . According to TRM Labs’ analysts, Russian-speaking ransomware groups were responsible for almost 70% of all cryptocurrency earnings from ransomware attacks in 2023. This statistic reveals Russia’s increasing involvement...
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...