Cango sells 2,000 BTC, cuts Bitcoin production cost by 19% in March
Bitcoin miner Cango said it sold 2,000 BTC to pay off debt and cut its BTC production cost by 19% as part of its strategic pivot to energy and AI infrastructure.
Bitcoin miner Cango said it sold 2,000 BTC to pay off debt and cut its BTC production cost by 19% as part of its strategic pivot to energy and AI infrastructure.
Crypto trades settle instantly, but at the cost of capital efficiency. This forces firms to overcollateralize and limits how far markets can scale, says Cosmos co-founder Ethan Buchman.
CZ’s new memoir reignited his long-running feud with OKX founder Star Xu, who called the Binance founder a liar in posts on X.
Standard Chartered is reportedly exploring a shake-up of Zodia Custody that would bring parts of the crypto custodian inside its own investment bank.
ZEC’s latest rebound resembled bounces witnessed during the 2021 bear market, raising the odds of a 40% correction in the coming weeks.
MEXC appointed Vugar Usi as CEO and outlined plans to expand zero-fee trading and pursue MiCA licensing amid growing industry competition.
Bitcoin bulls failed to stay above $72,000 for long as BTC price action already began to discount the impact of a US-Iran ceasefire agreement.
XRP’s profitable supply fell to 43% as high capitulation and a bearish chart setup signaled a potential drop toward $1.10 in the coming weeks.
An inspection found slow reconciliation cycles and weak trade-halting systems across major crypto exchanges.
Lido’s institutional lead argues that more crypto treasury companies will need to incorporate liquid staking to outperform the returns generated by staked Ether ETFs.