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  1. PAI

    Canaan Inc. (CAN) Registers 120% YoY Revenue Increase in Q3 2024

    
 
 
 Zach Anderson
 Nov 20, 2024 13:09
 
 Canaan Inc. (NASDAQ: CAN) reports a significant 120.9% year-over-year revenue increase for Q3 2024. The company sold 7.3 million Thash/s computing power, despite a challenging market. 
 
 
 
 Canaan Inc...
  2. PAI

    Illuvium Beyond Wave 3 Set to Launch on November 21

    The third wave of Illuvium Beyond is set to launch on November 21, introducing 75 new Illuvitars and an expanded set of customization and rewards systems. This update builds on the digital collectible game’s foundation by offering fresh content, new progression mechanics, and competitive...
  3. PAI

    Bitcoin Surges Past $94,000, Edges Closer to $100K Milestone

    Bitcoin (BTC) surged past $94,000 zone on Wednesday, marking a historic all-time high as it edges closer to the highly anticipated $100,000 milestone. The cryptocurrency is now less than $6,000 shy of the round-number six-digit mark, a target that has captivated analysts and investors alike...
  4. PAI

    Bitcoin Boom: Financial Research Firm Analyst Explains Why BTC Rally Could Keep Going

    A financial research company analyst expects Bitcoin to continue its price surge until year-end as it rides on bullish technical indicators and increasing market demand. In a CNBC interview uploaded via YouTube, Fundstrat’s Tom Lee shared his thoughts on Bitcoin’s continuing dominance in the...
  5. PAI

    Grayscale Eyes Yield with Bitcoin Covered Call ETF Filing

    Grayscale Investments has filed an updated prospectus for its Bitcoin Covered Call ETF (exchange-traded fund). It signals a swift action after the Commodity Futures Trading Commission (CFTC) approved the listing of spot Bitcoin ETF options. Grayscale Pursues Bitcoin Covered Call ETF The...
  6. PAI

    Parallel TCG Reveals 90 New Cards with Aftermath Expansion

    Web3 TCG Parallel has recently introduced 90 new cards with its latest Aftermath expansion. The presale phase, called the Manifest stage, is currently live and runs through November 22, offering exclusive access to these packs. The public sale begins on November 23, giving players and...
  7. PAI

    We Asked ChatGPT if Pepe (PEPE) Can Become the Biggest Meme Coin This Year

    TL;DR PEPE has surged in value, solidifying itself as the third-largest meme coin. ChatGPT evaluated its odds of becoming the biggest in its niche before the end of 2024. What are PEPE’s Chances? The frog-themed meme coin – Pepe (PEPE) – has been one of crypto’s frontrunners in the past week...
  8. PAI

    Russian Energy Ministry Proposes Periodic Crypto Mining Restrictions in Certain Regions

    The Russian Energy Ministry has officially proposed limiting crypto mining activities in certain special regions affected by energy shortages. The authorities have the right to impose such a ban following the enactment of the recent national cryptocurrency law this month. Russian Energy Ministry...
  9. PAI

    Bitcoin Goes Mainstream, Becomes World’s 7th-Largest Asset by Market Cap (Bitfinex)

    Bitcoin’s (BTC) surge past initial resistance levels to new all-time highs last week led the cryptocurrency to become the world’s seventh-largest asset by market capitalization, a sign that it has gone mainstream. According to a Bitfinex report, BTC is now competing with Apple (AAPL), Microsoft...
  10. PAI

    Spot Bitcoin ETF Options Get CFTC’s Stamp Of Approval

    Spot Bitcoin ETFs hurdle its biggest legal roadblock to date after the US Commodity Futures Trading Commission (CFTC) clarified that it’s no longer taking a role in clearing BTC ETF options. In a staff advisory dated November 15th, the CFTC, through its Division of Clearing and Risk, announced...
  11. PAI

    Bitcoin Must Hold This Support Level To Retain $100,000 Dream – Details

    Bitcoin continues to record significant price leaps following a 19.28% gain in the past seven days. The premier cryptocurrency is replicating another bullish Q4 particularly boosted by multiple factors as it gradually approaches the $100,000 price target. However, crypto analyst Ali Martinez has...
  12. PAI

    US Elections Propel $2.2B Inflows into Digital Assets, Bitcoin (BTC) Leads

    
 
 
 Jessie A Ellis
 Nov 18, 2024 10:24
 
 The recent US elections have sparked $2.2 billion in inflows into digital assets, with Bitcoin and Ethereum witnessing significant activity, according to CoinShares. 
 
 
 
 The aftermath of the recent US...
  13. PAI

    Triangle Pattern Forms as Bulls Target $3,320

    TLDR ETH is consolidating near $3,120 after a downside correction below $3,150 A contracting triangle pattern is forming with resistance at $3,120 Key resistance levels are at $3,180 and $3,220 Critical support levels exist at $3,040 and $2,980 ETH needs to break above $3,320 for continued...
  14. PAI

    Bitdeer reports $50 million loss due to Bitcoin halving, increased R&D costs

    Bitdeer Technologies reported a net loss of $50.1 million for the third quarter of 2024, with total revenue declining to $62 million from $87.3 million in the same period last year. The company’s unaudited financial results, released on Nov. 18, attribute the decrease primarily to the impact of...
  15. PAI

    McDonald’s Confirms Partnership with Doodles for Holiday Campaign

    McDonald’s has confirmed its partnership with popular web3 brand Doodles to launch a large-scale holiday campaign. Starting November 18, over 100 million limited-edition McCafé cups featuring Doodles’ signature artwork will be available at participating McDonald’s locations across the United...
  16. PAI

    Crypto Milestone: Spot Bitcoin ETF Options Get CFTC’s Stamp Of Approval

    Spot Bitcoin ETFs hurdle its biggest legal roadblock to date after the US Commodity Futures Trading Commission (CFTC) clarified that it’s no longer taking a role in clearing BTC ETF options. In a staff advisory dated November 15th, the CFTC, through its Division of Clearing and Risk, announced...
  17. PAI

    Michael Saylor Targets $100K Bitcoin This Year — Says All Microstrategy Investors Want More BTC

    Michael Saylor is planning a $100K bitcoin celebration, citing bullish momentum fueled by Wall Street support, regulatory optimism, and Microstrategy’s aggressive BTC acquisitions. ‘All of Our Investors Tell Me, They Want Me to Buy More Bitcoin’ Michael Saylor, the pro-bitcoin executive chairman...
  18. PAI

    Anthony Pompliano Explains Why Trump Must Keep Bitcoin Reserve Promise – Details

    Founder and CEO of Professional Capital Management Anthony Pompliano has emphasized the importance of Donald Trump setting up a national Bitcoin (BTC) reserve. The entrepreneur has also shared some thoughts on the selection of the next SEC chairman which may hold more weight for altcoins than...
  19. PAI

    A Complete Guide to Bored Ape Yacht Club in 2024

    Since bursting onto the scene in April 2021, one NFT collection has redefined the very fabric of what it means to be a digital community, becoming a global phenomenon that intertwines art, technology, and culture in unprecedented ways. That collection is the Bored Ape Yacht Club. The Bored Ape...
  20. PAI

    MicroStrategy Rises in Financial Rankings With $26B Bitcoin Stash

    MicroStrategy’s decision to shift from traditional cash reserves to Bitcoin has reshaped its financial profile, catapulting the company into the spotlight as a leader in digital asset adoption. This transformation coincides with Bitcoin’s recent surge to unprecedented price levels...
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