Asian Equities Traded in the US as American Depositary Receipts Fall Sharply in Wednesday Trading
Asian equities traded in the US as American depositary receipts were falling sharply Wednesday morning, dropping 1.66% to 1,915.69 on the S&P Asia 50 ADR Index. From North Asia, the gainers were led b
Ether ETFs Inch Closer to US Approval, London Launces Crypto ETNs
As the SEC paves the way for Ether ETFs and the London Stock Exchange debuted a batch of ETNs linked to Bitcoin and Ether. Bloomberg's Emily Graffeo and Emily Nicolle have the story.
Uniswap Price Forecast: UNI Could Be Poised for 30% Rally After Month-long Lull
Uniswap price breaks out of the 35-day consolidation price zone, signaling a potential upward move.
SEC Approves Rules for Ethereum ETFs. Here's What Happens Next
Exchange-traded funds holding spot Ether are almost certain to come to market soon, after the Securities and Exchange Commission on Thursday approved critical rule changes to allow them
Asian Equities Traded in the US as American Depositary Receipts Trend Modestly Higher in Thursday Trading
Asian equities traded in the US as American depositary receipts were trending modestly higher Thursday morning, rising 0.30% to 1,945.78 on the S&P Asia 50 ADR Index. From North Asia, the gainers were
Polygon Could Surge 30% Following Month-long Consolidation
Polygon price is likely to rally following a month-long consolidation period.
Chainlink Could Provide Buying Opportunity Before 50% Rally
Chainlink price likely to rally to local top at $20 after retesting previous support level.
Canaan Gets Left Behind In Latest Crypto Bull Run
Key Takeaways: Canaan's revenue fell 36% year-on-year in the first quarter even as the prices of bitcoin and other cryptocurrencies skyrocketedDemand for the company's mining machines waned as a sharp
US securities regulator urges not to pass crypto bill
The US securities regulator on Wednesday urged the legislature not to pass a bill aimed at creating a new legal framework for digital currencies, saying it would break existing legal precedents and expose the capital market to “immeasurable risks.”
Express News | Canaan Shares Are Trading Higher After the Company Last Week Reported Better-than-expected Q1 Revenue, Reiterated Q2 Topline Outlook and Issued Q3 Revenue Guidance
Asian Equities Traded in the US as American Depositary Receipts Open Week Higher
Asian equities traded in the US as American depositary receipts started the week on a positive note Monday morning, rising 0.45% to 1,974.03 on the S&P Asia 50 ADR Index. From North Asia, the gainers
Express News | HC Wainwright & Co. Reiterates Buy on Canaan, Maintains $3 Price Target
Canaan Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 05/20/2024 183.02% HC Wainwright & Co. → $3 Reiterates Buy → Buy 11/29/2023 418.87% Benchmark → $5.5 Reite
Canaan's Strong Market Position and Positive Outlook Merit Buy Rating
Bitcoin's Correlation with Tech Stocks Surge: What's Next for Cryptocurrency?
Bitcoin has surged over 58% YTD, while the NASDAQ 100 Index has posted an 11% gain. According to Bloomberg, the two have moved in an increasingly correlated manner.
XRP Ledger Doubles Transactions in Q1 Amid SEC Case
The XRP Ledger (XRPL) recorded a 108% surge in on-chain transactions in the first quarter of 2024.
Earnings Call Summary | Canaan(CAN.US) Q1 2024 Earnings Conference
The following is a summary of the Canaan Inc. (CAN) Q1 2024 Earnings Call Transcript:Financial Performance:Canaan Inc reported a Q1 total revenue of $35 million, surpassing previous expectations.Sales
Bitcoin Stock Canaan Up After Q1 Print, What's Going On?
Canaan Inc (NASDAQ:CAN) reported a fiscal first-quarter 2024 revenue decline of 36.5% year-on-year to $35.09 million, beating the analyst consensus estimate of $30.10 million. Earnings per ADS loss of
Can.US (CAN.US) Q1 performance exceeded expectations and held more than 1,000 bitcoins for the first time
According to financial reports, revenue for the first quarter was US$35.1 million, down 36.4% year on year, which was 5.2 million US dollars higher than market expectations; loss per share was 0.16 US dollars, better than the market expected loss of 0.36 US dollars per share.
Express News | Canaan Shares Are Trading Higher After the Company Reported Better-than-expected Q1 Revenue, Reiterated Q2 Topline Outlook and Issued Q3 Revenue Guidance
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