Let's face it: new things are scary. Particularly when those things include words and phrases such as “blockchain,” “cryptocurrency,” and enough computing power to turn your phone into a nuclear reactor. The Vilonia, Arkansas—based proposed crypto mine has rightfully raised a lot of alarm bells. Before panic sets in and...
Justin Sun. Whether you love him or hate him, one thing you can’t deny about the man is he has vision. His most recent move is the Staked TRX ETF filing by Canary Capital Group. This is unlike any other crypto product. This is something that could change the game,...
Justin Sun has become something of a controversial celebrity in the crypto world. In fact, he thinks the market is underpricing the impact of a TRX ETF. Canary Capital was the last firm to file a TRX ETF. It’s a consequential move that gets TRON one step closer to being...
$29 million. That’s a large amount, particularly in today’s environment. It’s easy to see why Symbiotic’s recent Series A — led by Pantera Capital and backed by the likes of Coinbase Ventures — now screams potential. Let's not get carried away. We’ve witnessed as many crypto projects with million or...
Symbiotic has quickly become a household name in the blockchain ecosystem. To do that, they recently raised $29 million in funding, indicating a broader change in our attitude towards staking. Major players, such as Aave, Polygon, and StarkWare, are supporting this funding round. This support means a huge financial boost...
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 cryptocurrency market is buzzing with activity. Bitcoin is vehemently approaching the $120,000 roadblock, Ethereum is fuming with positive energy, and altcoins establish an expectation of fortuitous growth. Pepeto takes the spotlight. Amidst this backdrop, a new meme coin, Pepeto, is capturing the attention of investors. This article explores the...
Bitcoin (BTC) is on the move again towards $120,000, aided by a steady influx of institutional investment, positive macroeconomic trends, and robust technicals. At present, BTC holds a 63.38% market dominance, highlighting its continued stronghold over the cryptocurrency industry.Standard Chartered has recently begun spot BTC and ETH trading for its...
It’s the Wild West of finance, a digital revolution with potential to churn unimaginable wealth. But as with any new frontier, it is full of perils – perils that extend beyond the risk of market crash. Here’s our rundown on the silent killers of crypto investing. These are the deceptively...
The digital asset landscape is experiencing a monumental change. Ethereum (ETH) seems to be leading the charge of this trend, leading some to speculate that an “altcoin season” has finally arrived. Bitcoin may be king, but he’s losing his dominance with every moment that passes as ETH climbs above $3,000...
Ethereum hitting $3,000 is undeniably exciting. After years of despair and self-reexamination, it seems like the crypto winter is coming to an end. Are we really in an altcoin spring, or simply going through a false thaw? I'm seeing a lot of "to the moon" talk, but let's ground ourselves...
Let's be real. Bitcoin had its moment. It's the OG, the granddaddy of crypto. What we’re witnessing is an enormous rotation of capital out of Bitcoin and into altcoins. And why? Because smart money is always looking for better returns, better innovation, and quite honestly, better bang for their buck....
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...