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Canaan CEO expects ‘prolonged headwinds’ amid downward pressure on Bitcoin

Canaan Inc. (NASDAQ: CAN) Chief Executive Officer Nangeng Zhang believes the Bitcoin (BTC/USD) mining hardware provider, and the broader sector, could see “prolonged headwinds” in the next few months as the crypto market battles the downside pressure that’s thwarted bulls since the fourth quarter of last year. дальше »

2022-8-18 16:50


Investors May Expect Downside For Bitcoin And Ethereum Market For The Next 3 Months

The crypto markets have accepted the depegging of UST and the subsequent downward spiral of LUNA, both of which impacted the price of Bitcoin and the entire digital asset spectrum. According to a recent report by the Glassnode team, the Bitcoin market has been trading lower for eight weeks, making it the ‘longest continuous series of red weekly candles in history. дальше »

2022-5-25 02:00


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Bitcoin Falls Below $38.5k as More than $860 Million Gets Liquidated Amid Mass Sell-off

The price of bitcoin (BTC) and other altcoins crashed today as the crypto market wiped out more than $860 million in the last 24 hours. Crypto Market Tumbles Amid Macro Uncertainty The crypto market continued its multi-month-long downward trend as the price of bitcoin fell as low as $38,500, recording a fall of 11.4 percentRead More дальше »

2022-1-22 20:00