Canaan News

Canaan Signs Purchase Agreement With AGM Group Holdings; Provides 2000 A15 Hydro Bitcoin Mining Machines In Initial Order

BenzingaDec 12 16:18 ET

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.

wallstreetcnDec 12 18:24 ET

AGM Group Holdings Secures Major Product Contract With Canaan Creative

TipRanksDec 12 17:01 ET

Express News | Canaan Inc - to Provide 2,000 Bitcoin Mining Machines to Agmh

ReutersDec 12 16:15 ET

Canaan Inc. Signs Agreement With AGM Group Holdings Inc.

PR NewswireDec 12 16:15 ET

B.Riley Financial Maintains Canaan(CAN.US) With Buy Rating, Raises Target Price to $4

Moomoo NewsDec 12 12:31 ET · Ratings

US stocks fluctuate | Cryptos Concept stocks rise as Trump announces significant action on Cryptos.

On Thursday, some Cryptos Concept stocks rose.

Zhitong FinanceDec 12 10:34 ET

Express News | Trump, at NYSE: We're Going to Do Something Great With Crypto, AI; Will Need Electricity

ReutersDec 12 09:42 ET

B. Riley Doubles Price Target on Canaan to $4 From $2, Maintains Buy Rating

MT NewswiresDec 12 07:55 ET · Ratings

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, despite the market generally expecting that more friendly regulations under the leadership of incoming President Trump will pave the way for lending institutions to expand into the digital Assets sector.

Zhitong FinanceDec 12 07:18 ET

As Fed Rate Cut Looms, Here's Why Bitcoin Could See a Big Surge

AMBCryptoDec 12 06:30 ET

Bitcoin, Ethereum, Dogecoin Spike After Inflation Data Matches Expectations: Top Analyst Foresees New BTC ATH If It Stays Above This Level

BenzingaDec 11 20:46 ET

Caroline Crenshaw's Renomination Vote Postponed, as Crypto Industry Pays Keen Attention on Voting Procedures

FXStreetDec 11 19:57 ET

'Slow Grind Up' Or Explosive Rally Ahead?

BenzingaDec 11 16:38 ET

Shares of Crypto-related Stocks Are Trading Higher Amid a Rise in Bitcoin.

BenzingaDec 11 11:25 ET

Express News | Shares of Crypto-related Stocks Are Trading Higher Amid a Rise in Bitcoin

BenzingaDec 11 11:25 ET

Asian Equities Traded in the US as American Depositary Receipts Rise in Wednesday Trading

MT NewswiresDec 11 10:44 ET

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.

Zhitong FinanceDec 11 09:04 ET

Identifying XRP's Price Targets After Ripple's Stablecoin Gets NYDFS Approval

AMBCryptoDec 11 08:00 ET

Bother With Bitcoin? If You Haven't Bought Crypto, It May Be Too Late

Yahoo FinanceDec 11 05:02 ET