Cango, another Chinese company, started out providing auto dealers with financing to make loans to car buyers. Now, it has mystically diversified and just recently made a big splash into the Bitcoin mining market. This move, initiated in November 2024, reflects the company's recognition of the increasing prevalence of crypto...
A Solana (SOL) staker that has made an initial investment of $27. Earlier this month, they unstaked 100,000 SOL tokens worth about $13.9 million and then deposited them on the crypto exchange Binance. Despite this substantial withdrawal, the staker's account still holds over $166 million worth of SOL tokens, highlighting...
On Tuesday, Cango Inc. shares were up by 5.40% to $4.10. This increase came on the heels of Apollo Insights, an independent equity research firm, initiating coverage on the company. The firm's analysis highlighted Cango Inc.'s strategic entry into Bitcoin mining as a key factor influencing its market position and...
Cango mining Bitcoin? Seriously? At first, I laughed. Cars and crypto? That, to us, seemed like a match made in… well, nowhere. Then I started digging, and whoa. This could be bigger than anyone realizes. Forget about your typical business trying to get on the bandwagon. Cango could be on...
A significant event has recently rippled through the Solana (SOL) ecosystem: a whale address executed a partial sell-off of their holdings, amounting to $13.9 million. This abrupt decision has understandably raised alarms and given rise to speculation. Let’s explore why this might be happening and what it means for the...
The news broke: Apollo Insights is covering Cango Inc. (CANG), zeroing in on their Bitcoin mining foray. Cango, an auto financing platform at its core, is taking a step into the crypto sandbox. The question is: is this strategic diversification or a dangerous distraction? Cango's stock is up, but in...
Has Solana’s meteoric rise and success story turned into their cautionary tale of what could be dangerous? And another single Solana whale just took the front pages! Though it’s been through a previous $153 million profit from staking those tokens since 2021 this address, which now holds over 1 million...
Imagine a grand chessboard. Ethereum, the current king of all kings, basks in its own glow, keeping a firm grip on the entire playing board. A newer, younger, faster player, Solana, has come in, taking the smart steps and threatening the king’s hegemony. Is it a bluff? Or a genuine...
The cryptocurrency world is a fast-moving landscape, with new challengers on the block and established players looking to solidify their advantages. Two narratives are currently capturing significant attention: Solana's potential to challenge Ethereum's market cap supremacy by 2025, and the rise of Remittix as a potential disruptor in the PayFi...
Alright crypto community, because we’ve got the story of one Solana whale right here. And I mean like a huge 1.29 million SOL worth kind of whale. We're talking about someone who dropped around $27 million back in 2021 when SOL was just a baby at $27 a token. Fast...
Okay, let's be real. We know the financial world can seem like a velvet-rope club at times, aren’t we? Intimidating, exclusive and most certainly not made for your regular Joe or Jane. Every so often, someone opens that door wide and welcomes everyone inside. That’s how Robinhood’s new crypto staking...
The crypto dream was predicated on the hope of a financial revolution, a new leveling of the playing field. Decentralization was the mantra, equity the guiding principle. At some point down the trail suits got involved, and they’ve been robbing artists of their piece of the pie ever since. What...
Meanwhile, investors are starting to cry foul over exorbitant payouts at American-traded Bitcoin miners. Stakeholders are flip-flopping these packages fall too heavily on equity. They believe they are failing to communicate their connection to long-term value creation for shareholders. As the recent econ4u data indicates, executive compensation in this sector...
Truth is, the Wild West of crypto has produced more snake oil salesmen than a gold rush boomtown. When someone says they can mysteriously recover your stolen Bitcoin, it’s time to crank up that skepticism a notch. We want it to be louder than a dial-up modem! The industry is...
Okay, let's talk crypto mining. DRML Miner, which has been active since 2018 and has over 7 million users, recently launched their 2025 cloud mining strategy. Bitcoin, Litecoin, Ethereum – the usual suspects are all up for grabs. The hard sell? Easy entry, no messy hardware, and passive income. Plus...
Is this the moment when crypto mining comes into its own, once and for all? DRML Miner's launching a new cloud mining plan for 2025, and it's got me thinking. Is this the real deal, or just another dog and pony show? I'm cautiously optimistic, and here's why. I, like...
Investing in Bitcoin can be a bit like getting onto a rollercoaster – exciting, fun and thrilling, but sort of scary. It’s a brave new world of crypto currency, distributed ledger technology and the potential of everything on-chain in a fabulous Web3 dystopia. Before you get in over your head...
We've all seen the headlines. At the same time crypto is booming, staggering fortunes are being made, the future is decentralized, etc. But lurking beneath the surface of this digital gold rush is a harsh reality: crypto is incredibly vulnerable. And the reality is, retrieving lost or stolen crypto is...