Category: News

Can Non-USD Stablecoins Compete?

Stablecoins continue growing into a pillar of both the cryptocurrency world and the global financial system. The market has already surpassed $235 billion, showcasing that people have faith in the future of these assets. Currently, two USD-backed stablecoins (USDT and USDC) have about 90% of the market. The rest...
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Cango Paves Way For Takeover By Agreeing To Sell China-based Business

The $352 million sale could pave the way for a Singapore-linked entity to take control of Cango as it transitions from car trader to bitcoin miner Cango Inc. (CANG.US) said last Thursday it agreed to sell its original China-based business, the latest step of its recent transformation from car trader...
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Bitcoin Mining Stocks Plunge as Revenue Craters Amid Market Carnage

Bitcoin mining stocks are taking it on the chin alongside broader equity markets as competition ramps up to an all-time high and traders panic-sell equities amid tariff-led uncertainties. Most mining stocks fell more than 10% on Monday, adding to last week’s sell-off. MARA Holdings (MARA) fell nearly 11%, Riot...
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