Canaan (CAN) Inc CEO Nangeng Zhang shares his outlook on the future of bitcoin mining efficiency, chip design and opportunities in artificial intelligence.
There is a divergence in the performance of equities and real yields in bonds. The effects of history’s swiftest tightening cycle are only starting to be felt.
While many bitcoin investors look for the asset to behave as a safe haven, bitcoin typically has ultimately acted as the riskiest of all risk allocations.
If the bitcoin price remains stable while everything else continues to crash, it would be a massive signal that more people recognize its value proposition.
Bitcoin’s hash rate has endured a series of significant price drawdowns only to emerge stronger than ever. We look at potential implications for bitcoin miners.
August CPI inflation data was worse than expectated and the markets repriced in response. Bitcoin falls more than 10% and the S&P 500 closes down 4.3%.
Despite the recent rally in equities, the bond market has meaningfully reversed and resumed its sell-off while treasury yields rise with inflationary pressure.
