About Canaan Inc. - American Depositary Shares (CAN)
Canaan Inc is a technology company primarily focused on the design and development of high-performance computing solutions, particularly in the field of blockchain technology. The company is best known for its innovative ASIC (Application-Specific Integrated Circuit) hardware, which is utilized for cryptocurrency mining. By leveraging cutting-edge technology and engineering expertise, Canaan aims to enhance operational efficiencies in blockchain networks, catering to the growing demand for computational power within the digital currency ecosystem. In addition to mining hardware, Canaan is also exploring diverse applications of its technology in various sectors, positioning itself as a key player in the evolving landscape of digital assets and blockchain innovation. Read More
The cryptocurrency market has been gripped by a significant downturn, with Bitcoin (BTC-USD) experiencing a dramatic sell-off leading up to mid-November 2025. This sharp correction, which saw the digital asset erase all its gains for the year and plummet nearly 30% from its early October peak, is sending ripples of
Many governments around the world are still grappling with how to regulate cryptocurrencies, leaving them in a legal gray zone. However, a growing number of countries have begun defining digital assets as property, a move that clarifies ownership rights and integrates them into existing tax systems.
Many governments around the world are still grappling with how to regulate cryptocurrencies, leaving them in a legal gray zone. However, a growing number of countries have begun defining digital assets as property, a move that clarifies ownership rights and integrates them into existing tax systems.
Addis Ababa, Ethiopia – November 8, 2025 – Phoenix Group (ADX: PHX), the Abu Dhabi-listed digital asset infrastructure operator, has officially energized a new 30-megawatt (MW) Bitcoin mining facility in Addis Ababa, Ethiopia. This significant expansion, announced on November 6-7, 2025, leverages Ethiopia's abundant hydropower resources, contributing an estimated 1.9 Exahashes
An expert has revealed that fear in the market could actually be one of the strongest forces pushing Bitcoin’s price higher. While many investors panic during times of uncertainty, new research shows that these fearful moments often mark the beginning of a major rebound.
