Categories: Bitcoin Latest News

Bitcoin Mining Rig Maker Canaan Sees ‘Prolonged Headwinds’ After Challenging Quarter

Supercomputing services provider Canaan (CAN) said Q2 revenue increased by 53% from the year-earlier quarter, but warned of the downward pressure on its performance from the tougher market conditions in the quarters ahead.Read MoreCoinDeskSupercomputing services provider Canaan (CAN) said Q2 revenue increased by 53% from the year-earlier quarter, but warned of the downward pressure on its performance from the tougher market conditions in the quarters ahead.

AddThis Website Tools

Recent Posts

Bitcoin’s Calm Feels Dangerous—All Eyes On Vegas And June Reversal

Bitcoin hovers between $107,000 and $111,000, a deceptively narrow range that masks an options market…

2 hours ago

Ethereum Price Rallies as Bitcoin Takes a Breather — Is ETH Leading the Charge?

Ethereum price found support at $2,460 and started a fresh increase. ETH is now up…

3 hours ago

How Does Bitcoin Investor Behavior Shape Trends? Glassnode Reveals

The on-chain analytics firm Glassnode has explained how Bitcoin investor behavior tends to reflect in…

3 hours ago

Bitcoin Sees Massive 7,883 BTC Outflow From Coinbase – Are Institutions Loading Up?

As Bitcoin (BTC) continues to trade near its recent all-time high (ATH) of $111,980, activity…

3 hours ago

Asia Morning Briefing: Bitcoin Becomes ‘Generational Asset’ as Speculators Ditch Rolexes

Good Morning, Asia. Here's what's making news in the markets: Welcome to Asia Morning Briefing,…

4 hours ago

Insane Bitcoin Surge Incoming? Expert’s Weekend Prediction Raises Eyebrows

Bitcoin’s price swung wildly this week. It jumped past $111,900 on May 22, then fell…

4 hours ago