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...
For all of the previously unimagined doors that crypto could open, there is certainly risk involved. LeeChiaJian, a blogger on crypto education, stresses the need to protect your digital currency. This isn’t merely about shopping and huddling, it’s about preventing your cryptocurrency from disappearing by way of preventable blunders. Own...
The temptation of crypto as a technology is real – it’s a siren song calling us to wealth and technological revolution. In Michigan, this song is increasingly clashing with a less harmonious reality: the roar of crypto mines. Has the next digital gold rush just begun? Or, instead, are we...
As Michigan quickly becomes one of the new frontiers for cryptocurrency mining, these types of decisions will hold the potential to either uplift or further exploit its communities. Supporters tout the promise of economic development and innovative technology. At the same time, residents and local governments are left to deal...
We know that cryptocurrency hardware wallets can be overwhelming. They typically rely on intimidating jargon and cryptic designs meant to prioritize security above all else. What if a hardware wallet could be secure and flexible and fun? DEGN’s hardware wallet is on a mission to stake its own claim. It...
Blockchain goes far beyond Bitcoin speculation, let’s get real. And it’s the future infrastructure behind everything from secure supply chains to tamper-proof voting systems. And Michigan can and should be at the front of this technological revolution. Sadly, we are now wandering around in a dangerous fog. From the outset,...
A mostly unremarkable quiet Montessori charter school tucked away in Michigan’s Upper Peninsula has begun to animate a fierce debate. The subject matter? How to regulate cryptocurrency mines. Lake Superior Academy, a K-5 school known for its innovative outdoor education program, had a peaceful setting — until March. That’s when...
Let’s face it, the world is a pretty rigged place. The rich get richer, the powerful stay powerful, and the rest of us are left wondering how to get a piece of the pie. For years, the world of cryptocurrency mining felt impenetrable and out of touch. It took specialized,...
As we know, the world of cryptocurrency is rapidly evolving. Now with 2025 just three years away, there are mostly new, innovative ways of storing these digital assets. About KnowingCoin.com At KnowingCoin.com, we know that finding your way in this new world can be daunting. He is demystifying the important...