New York Stock Exchange-listed Cango Inc. has completed its transformation into a Bitcoin miner. Summary Cango Inc., founded in 2010 in China, is listed on the NYSE. The company previously specialized in the automotive business, but in November 2024 announced…
In a new research report, Jefferies noted that Galaxy Digital (GLXY) is well-positioned to benefit from the favorable regulatory environment for cryptocurrencies. Jefferies initiated coverage on the crypto investment bank with a “buy” rating, pointing to the passage of the…
This week, the crypto industry is expecting important events that could affect market volatility. From July 21 to 26, the presentation of Trump's crypto policy, the start of the Sonic airdrop distribution, and the Optimism Superchain update are scheduled July…
Nasdaq-listed bitcoin mining company Mawson Infrastructure Group Inc. has reportedly fired its CEO Rahul Mevawalla amid allegations of fraud and breach of fiduciary duty. The lawsuit was filed in Delaware Chancery Court and the charges range from alleged fraud to…
Shares of bitcoin mining company Bitfarms (BITF) rose sharply on Tuesday after announcing plans to buy back up to 10% of its outstanding shares. The Toronto-based company said the buyback program, which begins July 28, will allow it to purchase…
Bitcoin transaction fees have been reduced by 90%. This information comes amid debates about what purposes the asset is most suitable for. Some people believe that it is best suited for everyday payments, while others continue to firmly believe that…