Connect with us

Coin Market

Bitcoin miner Canaan posts $88.7M net loss in Q1 amid BTC decline

Published

1 hour ago

on

Canaan’s Q1 results were dragged down by a $25 million inventory write-down and a 75% quarterly drop in equipment sales as Bitcoin prices retreated from their highs.

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Coin Market

Recent Bitcoin holders sell $770M BTC at a loss amid $65K BTC price calls

Published

12 minutes ago

on

May 19, 2026

By

More than 10,000 Bitcoin have been sold at a loss by short-term holders in recent days, adding fuel to analysts’ predictions that BTC price will fall to $65,000.

Continue Reading

Coin Market

South Korean funeral company records $33M unrealized loss on leveraged ETH ETFs

Published

1 hour ago

on

May 19, 2026

By

South Korea’s seventh-largest mutual aid company is currently sitting on a $33 million paper loss on its leveraged Ether ETF investment, following the crypto market downturn.

Continue Reading

Coin Market

Zcash is ‘running its own bull market’ as ZEC price paints 88% rally setup

Published

1 hour ago

on

May 19, 2026

By

ZEC has jumped 18% in three days as privacy coins rally, defying a 3.45% drop across the wider crypto market.

Continue Reading

Trending