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JiaNan Technology Releases Q2 2025 Financial Report: Total Revenue Reaches $100 Million, Mining Income of $28.1 Million Hits All-Time High

2 hours ago

On August 14th, Canaan Inc. presented its Q2 2025 financial report. During this quarter, the total revenue amounted to 100 million USD, representing a year-on-year growth of 39.5%. The mining revenue achieved a new high of 28.1 million USD, with a year-on-year increase of 201.6%. A total of 284 Bitcoins were mined in Q2, and the average revenue per Bitcoin was 98,866 USD. The gross profit reached 9.3 million USD, reversing the gross loss of 19.1 million USD in the same period of last year. By the end of the quarter, the company's Bitcoin holdings had expanded to 1,483.5 Bitcoins.
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Coinbase will undergo maintenance on August 19th

August 14th. According to official channels, Coinbase is scheduled to undergo maintenance at 8 a.m. on August 19th in Beijing time. During this maintenance period, there will be delays in sending and receiving BTC, LTC, BCH, ZEC, and DASH. Delays will also be experienced for all ERC20 tokens, as well as for sending and receiving on the Ethereum (ETH) and Ethereum Classic (ETC) networks. However, trading will not be impacted.

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Tom Lee: PPI Is Just a Blip, Buy the Dip Has Worked Every Time Since Late 2022

On August 14th, Tom Lee, the newly appointed chairman of BitMine, tweeted, stating, "Today's 'hot' PPI is merely a sideshow. Since the end of 2022, each dip has been a buying opportunity."

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After the release of the US July PPI data, the probability of a 25 basis point interest rate cut by the Fed in September stands at 92.5%.

On August 14th, after the release of the U.S. July PPI data, the probability of a 25-basis-point rate cut by the Fed in September slightly decreased to 92.5%, while the probability of keeping the interest rate unchanged was 7.5%.

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Ethereum Surges Above $4600

On August 14th, according to HTX market data, Ethereum has gone up above $4600, and it has a 24-hour decrease of 2.02%.

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Coinbase CEO: Over the past decade, BTC has seen a price increase of 490x, while ETH has seen a price increase of 3,500x

On August 14th, Coinbase CEO Brian Armstrong tweeted the asset performance over the past decade, which includes: · Gold: 201% · S&P 500: 207% · Bitcoin (BTC): 49,000% · Ethereum (ETH): 350,000%

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US Stock Crypto Reserve Concept Stocks Experience Widespread Decline, with Sharplink Falling by 6.29%

On August 14th, according to the market data of Rockflow, US stock cryptocurrency reserve concept stocks generally declined. This includes: · Sharplink Gaming decreased by 6.29%; · Bitmine dropped by 4.66%; · BTCS fell by 4.83%. · Strategy went down by 2.53%; · Circle increased by 1.55%; · Bullish rose by 4.93%.

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