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Canaan Newsroom
Asian Equities Traded in the US as American Depositary Receipts Rise in Wednesday Trading
Eric Trump, the second son of Trump: The USA is about to welcome the most crypto-friendly government in history!
① Eric, the second son of Trump, the elected president of the USA, stated that the Trump administration will become the most friendly government towards Cryptos in USA history. ② Eric mentioned at the Bitcoin Middle East and North Africa conference that Trump will promote USA's leadership in the "digital revolution" and promised not to impose excessive regulation on Cryptos.
U.S. stocks movement | Canaan (CAN.US) pre-market up over 7%, with cumulative net loss in the first three quarters reduced by nearly 43% year-on-year.
On Wednesday, Canaan (CAN.US) rose over 7% in Pre-Market Trading, reaching $2.72.
Identifying XRP's Price Targets After Ripple's Stablecoin Gets NYDFS Approval
Bother With Bitcoin? If You Haven't Bought Crypto, It May Be Too Late
Between $95K and $100K, Bitcoin Changes Long-term Holders
Is a debt crisis about to occur? Dalio: Will invest in Gold and Bitcoin and other "hard currencies"!
Ray Dalio, founder of Bridgewater Fund, one of the world's largest hedge funds, stated on Tuesday that he will invest in hard currencies such as Gold and Bitcoin, while avoiding debt-related Assets, as most major economies are facing rising debt ratios. He added that the debts of many major countries, including the USA, have reached unprecedented levels and emphasized that the current debt levels are unsustainable.
Bitcoin once dipped below $95,000! Microsoft shareholders voted against the Bitcoin investment proposal: there is no guarantee of returns.
① Microsoft’s major shareholders voted against including Bitcoin on the company's balance sheet, believing it does not align with the long-term interests of shareholders; ② The Board of Directors of Microsoft opposes investing in Bitcoin, stating that corporate funds require stable and predictable investments to ensure liquidity and operational funds.
Ray Dalio, founder of Bridgewater Fund: Invest in Gold and Bitcoin, and stay away from debt-related Assets.
On Tuesday, Ray Dalio, co-founder of Bridgewater Associates, one of the largest hedge funds in the world, stated at a financial conference in Abu Dhabi that in the context of worsening debt issues facing most major economies, he prefers to invest in "hard currencies" such as Gold and Bitcoin, while avoiding debt-related Assets: I believe there may be issues with debt currencies. I want to avoid debt-related Assets, such as Bonds and Other forms of debt, and Hold some hard currencies, such as Gold and Bitcoin. Hard currencies typically refer to currencies backed by physical Commodities like Gold and Silver, and Bitcoin is also classified as a hard currency due to its stability and controllable supply.
Avalanche [AVAX] Drops 23%, Finds Support at $40: What's Next?
Cryptocurrencies Price Prediction: Bitcoin, Altcoin & Crypto – European Wrap 10 December
XRP Eyes $2 as Correction Intensifies: Can It Avoid Further Decline?
Issuing bonds to buy cryptocurrencies! More and more companies are starting to follow MSTR.
MARA Holdings sold bonds worth over $2 billion to purchase Bitcoin, while Core Scientific raised over $1 billion. Since the election, the stock prices of MARA and Core Scientific have increased by 63% and 30%, respectively.
On the night when Chinese concept stocks rose, small coins crashed.
In the past 24 hours, more than 567,000 people across the Cryptos network were liquidated, with a liquidation amount reaching 1.71 billion dollars, the second highest in history. Bitcoin briefly fell below 95,000 dollars, while Ethereum came close to 3,500 dollars at one point. The Small Cap Index recorded the largest intraday drop of the year.
The "Trump Mania" in the crypto circle shows signs of cooling down, and the volatility of cryptos has returned again.
As the optimism sparked by the support of USA President-elect Trump for the Cryptos industry begins to wane, a wave of selling has hit the Cryptos market.
Crypto Volatility Picks up as Trump-fuelled Rally Starts to Fray
Daily digital currency update summary (2024-12-10)
According to Bloomberg, since Donald Trump was elected president of the usa, nearly 10 billion dollars have flowed into us etfs that invest directly in bitcoin, as people bet that Trump's embrace of the cryptos industry will signal market prosperity.
After the price broke through 0.1 million dollars, bitcoin continues to rise due to the "three major factors."
The price once broke through the 0.1 million dollar mark, driving a doubling rise in some mainstream coins, and the rise of bitcoin is unstoppable; the crypto world has become frantic.
Microstrategy has bought another 2.1 billion dollars of bitcoin! The sustainability of the investment strategy is attracting attention.
For microstrategy, the risk lies in the possibility of a large-scale rebound in cryptos lasting up to a year reversing, in which case leveraged bets on their value could have serious consequences for their owners.
Canaan Inc. (CAN): A Bull Case Theory