Canaan’s Q3 revenue plunges 90% to $14.5 million as bitcoin mining hardware sales slump
Canaan's Q3 revenue fell 90% to $14.5 million, though cryptocurrency and derivatives gains supported an $8 million profit.
Bitcoin news: price moves, ETFs, mining, adoption and on-chain trends.
Canaan's Q3 revenue fell 90% to $14.5 million, though cryptocurrency and derivatives gains supported an $8 million profit.
Cathie Wood's Ark Invest sold $6.1 million worth of Block shares and $1.13 million worth of Bullish shares through its ETFs on Monday.
Fed Governor Waller backs December tightening even if inflation cools, while falling oil prices offer some relief and Anthropic withdraws IPO pricing details.
Bitcoin fell below $74,000 after October inflation beat forecasts, increasing pressure on the Federal Reserve to raise rates again at its December meeting.
US spot Bitcoin ETFs shed $201 million Monday, with seven straight sessions of net withdrawals from BlackRock’s IBIT totaling $1.66 billion.
MARA paid off every loan backed by its bitcoin and says the rest of its coins can fund AI datacenters.
Bitcoin trades below $75,000 ahead of the October inflation data. Analysts warning that sustainable recovery depends on improving liquidity and spot ETF demand rather than temporary macro relief.
Bitcoin rebounded from an 11-week low near $73,500 as the Nasdaq Composite rallied despite sell-off in Nvidia shares.
U.S. stocks rallied as oil fell, but Bitcoin hovered near $75,000 after a wave of liquidations, with Tuesday’s inflation report set to test bets on a December Fed rate hike.
MARA posted a $634.4 million Q3 net profit, then sold 13,597 BTC to repay $750 million in loans as it pivots to AI.
Both miners reported higher Bitcoin production but lower mining revenue and rising electricity costs as they expanded their AI infrastructure businesses.
The AntPool block came within 984 transactions of Bitcoin’s 2015 record, even as fees made up less than 0.1% of the miner’s payout.
Bitcoin closed below its 50-week moving average as more than $1 billion in crypto long positions were liquidated.
Bitcoin price action fell to its lowest levels since mid-August as Nvidia reports added to sell-side pressure across stock-market futures.
Strategy's total holdings account for more than 4% of bitcoin's supply cap, with $500 million in paper gains.
Your day-ahead look for Nov. 9, 2026
The $24 billion project, which includes an AI supercomputer in Texas with its own gas-fired power plant, is about 17 times the value of SpaceX's bitcoin holdings.
Volatile price action has once again liquidated leveraged bullish plays worth millions.
The exchange's once significant mining operation has nearly disappeared from Bitcoin's block-production rankings ahead of its November 10 closure.
Cory Fields wants future quantum attackers to post Bitcoin as collateral before touching vulnerable wallets, giving prepared owners a chance to recover their coins and collect a potentially costly penalty.
A Finnish startup has 30 bitcoin mining systems working as central heating, and at today’s prices each one earns slightly more than the electricity it burns.
BlackRock's IBIT accounted for 98% of Friday's outflows, with $403 million leaving the industry-leading fund.
Bitcoin’s eCash fork gives eligible holders an equivalent balance of ECX, but questions remain over where they can trade the tokens and what they can do with them.
Ueno’s collapse trapped millions of Paraguayan depositors and triggered a president’s resignation, reviving Bitcoin’s argument for self-custody.
The Eric Trump-backed miner reported $126 million in quarterly net income, largely driven by gains on its Bitcoin holdings, despite rising mining costs and shrinking margins.
The former Bitcoin mining heavyweight plans to become a pure-play data center provider in 2027, with mining now accounting for just 7.5% of quarterly revenue.
IREN has been shifting its focus to the AI infrastructure business, and its AI cloud revenue rose 182% in the past quarter to $200 million.
Bitcoin recovered above $76,000 Friday after dropping below that level during Thursday's tech-driven market rout.
The Nasdaq gained just 1.1%, while the S&P 500 only edged higher, and the DJIA lost more ground.
Bitcoin bounced from around $75,200 after Thursday’s AI-led selloff, which drove more than $1 billion in liquidations, as traders await the U.S. jobs report.