Canaan Inc (CAN) announced that it will acquire a 49% stake in Cipher Mining (CIFR) owned by ABC Projects (Alborz LLC, Bear LLC, Chief Mountain LLC) by issuing 806.4 million Class A common shares (equivalent to 53.8 million American Depositary Receipts). The transaction amount is $39.75 million, and the shares are subject to a six‑month lock‑up period. (CoinDesk)
https://t.co/fLgaYUcy2k
canwifhat CAN Історія зміни цін USD
Стати власником CAN зараз
Купуйте та продавайте CAN легко та безпечно на BitMart.Заробити
Залучайте неактивну криптовалюту до роботи та легко отримуйте пасивний дохід через заощадження, стейкінг та інші послуги.canwifhat X Інсайт
$CAN
$CAN Daily Candle Chart
Thats your THIRD touch
Stop crying 😭
This guy just handed all his gains back on a silver platter.
Classic bag holder move 🤣🤣
The chart read is incomplete. $CAN isn’t in a “full bearish alignment” — it’s in a low-volume accumulation range.
Price has been moving sideways between $0.87–$1.03, which is classic post-capitulation basing, not institutional selling. Distribution requires surging volume and breakdown candles — none of which are present. The flattening volatility, thin Ichimoku cloud, and neutral OBV all point to absorption, not rejection.
Calling it a downtrend across all timeframes ignores the fundamental catalysts now stacking beneath the chart:
• Frost & Sullivan ranks Canaan #2 globally in ASIC compute power
• Q3 revenue beat expectations with strong YoY growth
• New partnerships: SynVista Energy (green compute + AI load balancing) and SLNH hosting
• Expanding footprint: Canada, Japan, Ethiopia, North America
• Zero meaningful short interest + 106 institutional holders
• Active share-buyback program
• Industry shift toward efficient ASIC compute (AI + BTC heat-reuse + clean-power mining)
These are not the signals of
