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Cango Inc. has acquired a fully operational 50-megawatt (MW) bitcoin mining facility in Georgia, U.S., for $19.5 million. Cango Acquires 50 MW Bitcoin Mine The New York Stock Exchange-listed company (NYSE: CANG) announced the acquisition on Aug. 11, 2025. This marks Cango’s first step in increasing its portfolio of owned and operated mining sites. The … Read more
The US GENIUS Act may boost stablecoin adoption, but its ban on yield-bearing stablecoins could drive trillions into tokenized real-world assets. Go to Source
Bitcoin and Ether exchange-traded funds (ETFs) closed last week in roaring form, attracting a combined $865 million in fresh capital. Bitcoin notched its third consecutive inflow day, while ether extended its winning streak to four. Institutional Demand Soars As BTC ETFs Pull $404 Million, ETH ETFs Hit $461 Million The past week ended with fireworks … Read more
In January, the Terraform Labs co-founder pleaded not guilty to several charges, including securities fraud, market manipulation, money laundering and wire fraud. Go to Source
President Donald Trump inked an executive order late Monday, granting another 90-day reprieve on steep U.S. tariffs targeting Chinese imports, a White House official told CNBC. The decision, according to CNBC’s report, landed just hours before the clock struck midnight, when the duties were set to roar back, threatening to reignite a trade clash between … Read more
In crypto, theories have a way of spinning up like dust devils, and lately, one in particular has been making the rounds — that bitcoin’s notorious four-year cycle may have run its course. Supporters of the “cycle is dead” camp say the pattern is breaking apart, citing shifts like rising institutional participation, the advent of … Read more
The US Senate is not scheduled to be in session until Sept. 2, but Senator Elizabeth Warren offered a preview for how she may address the CLARITY Act. Go to Source
A surge in both bitcoin and altcoin prices drove the entire crypto ecosystem into $4 trillion territory for the first time in history. Historic Crypto Peak: Market Tops $4T on Back of Bitcoin Bull Run Bitcoin ( BTC) topped $122K early Monday morning before easing back to $119K. But despite the slight pullback, the digital … Read more
Blue Origin’s new crypto payment option joins a wave of blockchain ventures in aerospace, from NFTs minted in orbit to satellites running decentralized networks. Go to Source
Bitcoin getting to $340,000 this cycle is a “very big ask,” but over the past five years, BTC has already won the macro asset returns game, research shows. Go to Source