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Cango Inc. Accelerates Strategic Transformation into Global Bitcoin Mining with Divestiture of PRC Business, New Shareholders and Acquisition of Additional Mining Capacity

Cango Inc. Accelerates Strategic Transformation into Global Bitcoin Mining with Divestiture of PRC Business, New Shareholders and Acquisition of Additional Mining Capacity

(10:00 GMT) *Cango Inc. Accelerates Strategic Transformation Into Global Bitcoin Mining With Divestiture Of PRC Business, New Shareholders And Acquisition Of Additional Mining Capacity >CANG (10:00 GMT) Press Release: Cango Inc. Accelerates Strategic Transformation into Global Bitcoin Mining with Di…

Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, JPMorgan moves to accept crypto ETFs as loan collateral, Sygnum warns of looming Bitcoin supply squeeze, and Trump-linked wallet sparks confusion after family denies involvement.JPMorgan to accept crypto ETFs as collateral for loans — ReportJPMorgan, the largest bank in the United S…

Russia is Embracing Bitcoin, But Is It Only for the Elite?

Russia is Embracing Bitcoin, But Is It Only for the Elite?

The Moscow Exchange, Russia’s largest exchange group, announced today that it’s offering Bitcoin futures contracts to qualified investors. TradFi institutions are entering the Bitcoin sector, but small investors may get cut out.For example, Russia saw a surge in demand for crypto mining equipment la…

Bitwise CIO says don’t add bitcoin to traditional portfolios in isolation — rethinking its role can boost returns and cut risk

Bitwise CIO says don’t add bitcoin to traditional portfolios in isolation — rethinking its role can boost returns and cut risk

While bitcoin is renowned as a highly volatile asset, three or four times that of the S&P 500, Bitwise Chief Investment Officer Matt Hougan says rethinking its role in traditional portfolio strategies can boost returns and reduce risk.Because bitcoin has a low correlation to both stocks and bonds, e…

South Korea sees first institution sell crypto holdings since ban lift

South Korea sees first institution sell crypto holdings since ban lift

South Korea saw its first non-retail investor sell its crypto holdings as the country effectively begins to phase out its de facto ban on institutional crypto trading.On Sunday, humanitarian aid organization World Vision Korea sold 0.55 ETH ($1396.5) on South Korea's Upbit exchange. This transaction…

PARSIQ Launches Phase 2 of Staking Program on June 10

PARSIQ Launches Phase 2 of Staking Program on June 10

PARSIQ has launched Phase 2 of its REACT staking program, following the completion of Phase 1 on June 9. The new phase introduces three fixed-duration staking pools:— A 30-day pool (June 10 – July 9) with 127,778 REACT staked— A 60-day pool (June 10 – August 8) with 511,111 REACT— A 90-day pool (Jun…

312 Million Dogecoin Moved To Coinbase – What’s Going On?

312 Million Dogecoin Moved To Coinbase – What’s Going On?

The price action of Dogecoin in the past 48 hours have seen it finally break below the $0.2 mark after a whole week of bullish investors trying to hold above the $0.22 support level. However, this break below the $0.22 support has cascaded into a string of selloffs that eventually pushed Dogecoin be…

Teens, minors among 25 suspects charged in French crypto abduction cases

Teens, minors among 25 suspects charged in French crypto abduction cases

French prosecutors have charged 25 suspects between the ages of 16 and 23 in relation to a wave of recent violent attacks targeting the crypto-wealthy, according to local media reports. The investigation centered on the May 13 attack of the daughter, husband, and grandson of Paymium CEO Pierre Noiza…

France charges 25 over crypto kidnapping spree in Paris

France charges 25 over crypto kidnapping spree in Paris

French authorities have charged 25 individuals, including six minors, over a series of kidnappings and attempted abductions linked to the country’s cryptocurrency sector.The group, aged between 16 and 23, faces charges connected to multiple plots targeting prominent crypto figures and their families…

Crypto op-eds: How opinions can shape Web3 thought and policy

Crypto op-eds: How opinions can shape Web3 thought and policy

As the crypto industry matures and public perception becomes more critical to adoption and regulation, opinion pieces, often dismissed as hot takes, are emerging as powerful tools in shaping the Web3 narrative.In the latest episode of Decentralize with Cointelegraph, we sit down with three insider v…

Webus Bets $300M on XRP to Fuel Payments — XRP’s Price Barely Budges

Webus Bets $300M on XRP to Fuel Payments — XRP’s Price Barely Budges

Webus, a Chinese AI-driven mobility company, wants to make chauffeur payments frictionless with a $300M XRP reserve. Markets? Unimpressed — for now.Webus Rolls Out $300M XRP Treasury PlanChinese AI-powered mobility giant Webus International Limited just lobbed a bold pitch into the crypto world: it’…

GameStop makes its first bitcoin buy. Here's why the stock is pulling back.

GameStop makes its first bitcoin buy. Here's why the stock is pulling back.

By James RogersGameStop's purchase of 4,710 bitcoin marks its first cryptocurrency purchase since it announced earlier this year that it would make bitcoin a treasury-reserve assetGameStop Corp. shares fell Wednesday after the videogame retailer announced its first purchase of bitcoin on a day that …