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Canaan Newsroom
Express News | Trump rang the bell at the NYSE, claiming he will do great things in the Cryptos field.
The Nasdaq fell to 0.02 million points, Adobe plummeted more than 13%, the China concept Index rose against the trend, and Bitcoin dropped below 0.1 million dollars.
In November, USA PPI inflation exceeded expectations, with the market betting on a pause in interest rate cuts in January next year. The Dow has fallen for six consecutive days, with NVIDIA experiencing the largest drop of 2.5%. Tesla, Meta, Google, and Amazon have moved away from their highs, uranium mining stocks have declined, but Apple reached a new high. Broadcom rose nearly 5% in after-hours trading, and Chinese stocks Baidu and PDD Holdings increased by over 1%. Bond yields in Europe and the USA have risen significantly, and after the European Central Bank cut interest rates, the euro fell to a one-week low, before rebounding. The dollar reached a two-week high, while the offshore yuan once rose over 200 points, breaking through 7.26 yuan. Commodities generally fell, with spot gold down over 2% and spot silver down over 4% during the session.
Express News | Agm Group Holdings: Purchased 2,000 Bitcoin mining machines from Canaan Creative Global pte LTD.
Trump rings the opening bell for the NYSE: the stock market is everything, and there will be a big push in the Cryptos field.
Trump seized this opportunity to make a new round of tax cut promises, and also promised to "make significant moves in the Cryptos sector."
AGM Group Holdings Secures Major Product Contract With Canaan Creative
Canaan Signs Purchase Agreement With AGM Group Holdings; Provides 2000 A15 Hydro Bitcoin Mining Machines In Initial Order
Express News | Canaan Inc - to Provide 2,000 Bitcoin Mining Machines to Agmh
Express News | Canaan Inc. Signs Agreement With AGM Group Holdings Inc.
B.Riley Financial Maintains Canaan(CAN.US) With Buy Rating, Raises Target Price to $4
US stocks fluctuate | Cryptos Concept stocks rise as Trump announces significant action on Cryptos.
On Thursday, some Cryptos Concept stocks rose.
B. Riley Doubles Price Target on Canaan to $4 From $2, Maintains Buy Rating
Regulatory obstacles for Cryptos are expected to be removed, yet still difficult to please Bank of America bankers.
At this week's Reuters NEXT conference held in New York, bankers from Bank of America expressed a cautious attitude towards Cryptos, even though the market generally expects that under the leadership of incoming President Trump, friendlier regulations will pave the way for lending Institutions to expand into the realm of Digital Assets.
As Fed Rate Cut Looms, Here's Why Bitcoin Could See a Big Surge
AI is driving up the demand for Electrical Utilities! According to Morgan Stanley, the market has underestimated niche areas such as Fuel Cell Energy and Bitcoin mining sites.
Morgan Stanley believes that the reutilization of Fuel Cell Energy and Bitcoin mining sites will provide new Energy solutions for Datacenters. Technologies for Electrical Utilities transmission and grid enhancement are crucial for the efficient and safe electricity use of Datacenters, and it is recommended to pay attention to power generation facilities such as Nuclear Power located near Datacenters. Legislative proposals in Texas may promote the construction of Henry Hub Natural Gas power plants, and the new Trump administration will take measures to support the growth of AI infrastructure.
The adjustment of the Nasdaq 100 is imminent; will Bitcoin "whales" MicroStrategy get what they want?
NASDAQ will announce the annual adjustment results of the index on December 13 (Friday). MicroStrategy meets all the criteria to be included in the NASDAQ 100 Index, and this development will trigger the purchase of the company's Stocks by Global direct-tracking ETFs with a scale of 451 billion dollars.
Caroline Crenshaw's Renomination Vote Postponed, as Crypto Industry Pays Keen Attention on Voting Procedures
Shares of Crypto-related Stocks Are Trading Higher Amid a Rise in Bitcoin.
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.