Canaan Inc. (CAN): A Bull Case Theory
Eric Trump, the second son of Donald Trump: Modern banks are outdated, and the usa must lead the cryptocurrency trend.
① Eric, the second son of Trump, stated that a set of "reasonable" regulatory guidelines could make the usa a superpower in cryptos; ② Recently, Trump nominated crypto supporter Paul Atkins to become the SEC chairman, which pushed the bitcoin price to briefly exceed the 0.1 million dollar mark; ③ Eric mentioned that americans want to see efficiency and hope the government does not hinder businesses.
Canaan Inc. Shows Mixed Financial Results for 2024
Canaan | 6-K: Report of foreign private issuer (related to financial reporting)
MicroStrategy Shareholders Continue to Shoulder the Cost of More Bitcoin Buys
Trump's eldest son comments on Cryptos: Rationalize regulation, I am a loyal fan, my dad wants to turn the USA into the "Crypto Capital."
Eric Trump stated on Monday that he has been a "longtime loyal fan of Cryptos" and revealed that his father plans to make the "USA the Global capital of Cryptos" after returning to the White House, emphasizing that "transparency" is the direction for reforming regulation. He also mentioned that Tesla CEO Musk will play an important role in the new government.
Ripple CEO Slams SEC on '60 Minutes,' Calls for Clearer Crypto Regulations
This week, the biggest variables in US stocks, bonds, and bitcoin.
Investors need to closely monitor the release of November CPI this Wednesday, which could be a "black swan" event that disrupts market expectations for a December rate cut by the Federal Reserve. Analysts suggest that if the CPI shows no significant increase in U.S. inflation, then a rate cut in December is highly likely. However, futures pricing indicates that the Fed may pause rate cuts at the January meeting next year.
Musk-Altman Rivalry Intensifies With Trump's Appointment of David Sacks
The reappointment of a member of the USA Securities and Exchange Commission has sparked controversy over the stance on Cryptos.
The usa Senate Banking Committee will vote on December 11 on the re-nomination of SEC Commissioner Caroline Crenshaw, whose anti-crypto stance has sparked backlash from industry leaders.
Bank of America Hartnett: The bubble in U.S. stocks and digital currency is intensifying.
Hartnett stated that the s&p 500 index and bitcoin have reached 6100 points and 100,000 dollars per ounce, respectively, indicating that a bubble has begun to form. If the s&p rises further to 6666 points (about a 10% increase from the current level), then the risk of an "overshoot" in the US stock market in early 2025 is very high.
Maybe Bitcoin Is the New Digital Gold After All
Musk Fuels Speculation On US Bitcoin Reserve As Crypto Surges
U.S. stock market movements | Bitcoin returns to 0.1 million USD, Canaan (CAN.US) surges over 35%.
Under the collective strong rebound of cryptos such as bitcoin, canaan's stock price surged on Friday.
Rosenblatt Securities Maintains Canaan(CAN.US) With Buy Rating, Raises Target Price to $4
Ulta Beauty Posts Upbeat Results, Joins Asana, Lululemon, Hewlett Packard Enterprise And Other Big Stocks Moving Higher On Friday
Asian Equities Traded in the US as American Depositary Receipts Flat in Friday Trading
This Analyst Talked of $100,000 Bitcoin a Decade Ago - Here's What He Says Now
Trump Selects David Sacks as White House Crypto, AI Czar
Express News | Rosenblatt Maintains Buy on Canaan, Raises Price Target to $4
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