The transaction gives Cipher a major shareholding in the Singapore-based company.
Canaan buys Cipher’s 49% of West Texas mining venture for $39.75 million in stock
The transaction gives Cipher a major shareholding in the Singapore-based company.
Shares:
A sharp plunge in the Philadelphia Fed manufacturing index coupled with rising prices added to U.S. stagflation fears amid the tariff war.
The crypto-Trump trade appears to be softening.
Tensions in the Middle East are fueling a flight to safety, with traders rotating out of altcoins into stablecoins and bitcoin amid uncertainty around U.S. military escalation and sticky inflation.
Tron's Sun sees the President fueling a new American crypto boom.