Author: admin

HONG KONG, Nov. 3, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”) today published its Bitcoin production and mining operations update for October 2025.Bitcoin Mining Production and Mining Operations Update for October 2025MetricOctober 2025 1September 2025 1Number of Bitcoin produced602.6616.6Average number of Bitcoin produced per day19.4420.55Total number of Bitcoin held 26412.65,810.0Deployed hashrate50 EH/s50 EH/sAverage operating hashrate 346.09 EH/s 44.85 EH/s1.      Unaudited, estimated.2.      As of month-end.3.      Average over the month.Note: Cango holds Bitcoin for the long term and does not currently intend to sell any of its Bitcoin holdings. Paul Yu, CEO and Director of Cango, commented, “In October, we increased our average operating hashrate to…

In the era of growing digital currency popularity, Bitcoin mining has become a new way for many people to earn passive income. As a leading cloud computing platform, 8HoursMining has won the favor of miners worldwide for its efficient, convenient, and secure services. Users can easily participate in Bitcoin mining by purchasing a computing package on the platform, eliminating the need to purchase expensive mining machines, worry about equipment maintenance, or worry about electricity costs.According to platform data, some users have earned up to $5,313 in daily profits, truly realizing the promise of “online mining, easy money.” Leveraging globally distributed…

Hong-Kong, Hong Kong SAR, November 3rd, 2025, ChainwireTea-Fi, the all-in-one DeFi SuperApp, is setting a new benchmark for the future of DeFi by merging simplicity, scalability, and sustainability into one seamless experience. With over a million connected wallets, $650+ million in transaction volume, and over 20 million on-chain interactions, Tea-Fi is proving that DeFi can be both powerful and accessible.At the center of this ecosystem is the $TEA token, fueling a self-sustaining network built on real yield, shared value, and true decentralization, and a perpetual reward engine fueled by the TeaPOT.The Tea-Fi Vision: DeFi that Feels EffortlessDeFi’s biggest challenge has…

Miami, USA, November 3rd, 2025, ChainwireAs global demand for PlayStation 5 (PS5) and digital gift cards continues to grow, GiftlyCard.com has been recognized by independent platforms including ScamRatings.com, GiftCardReports.com, and GiftlyCardReviews.com as a legitimate and secure provider of gift card activation and balance verification services.Gaming Growth Drives Need for Secure Gift Card VerificationWith the ongoing popularity of PS5 and digital platforms like Steam, Xbox, and Razer Gold, players increasingly purchase digital gift cards to buy games, subscriptions, and downloadable content. However, industry analysts warn that counterfeit or inactive gift cards are on the rise, especially across unverified online marketplaces.As a…

According to CoinDesk Research’s technical analysis data model, ether ETH$3,873.99 advanced on heavier-than-usual trading, then slipped late after an upper-band rejection, leaving a tighter range and a clear set of checkpoints above and below.Analyst commentCrypto analyst Michaël van de Poppe said on X that Ethereum is the best ecosystem to invest in and that ether is near a push to a new all-time high above $5,000.In plain English: he’s arguing that developer activity, products and network effects make the ethereum ecosystem attractive, and that price action is getting close to the kind of strength seen before record highs.How that fits…

Steak ’n Shake is making history as the first major restaurant to establish a Strategic Bitcoin Reserve.  All payments received in Bitcoin will now be added to their Strategic Bitcoin Reserve (SBR), marking a fun and major step into bitcoin adoption for the fast-food chain. As part of the initiative, the company will donate 210 sats from every Bitcoin Meal sold to the Open Sats Initiative, Inc. over the next 12 months.  Customers who purchase and register their Bitcoin Steakburger through the Fold App will also receive $5 in free Bitcoin, with instructions provided on their receipts. The move comes…

The recent Ethereum price rejection that pushed it back below the $4,000 level has created a concerning trend that could send the price spiraling. The major point of interest lies at the 0.618 Fibonacci retracement level, where the last rejection occurred. Given this, it is likely that the Ethereum price could see more declines in the coming days, although there is still the possibility of the bulls taking over and invalidating the entire bearish setup. Ethereum Price Is Showing A Lot Of Weakness The rejection from the 0.618 Fibonacci retracement level marked the start of the decline from the $4,200 level…

Bitcoin price has rebounded slightly to $109,600 after yesterday’s dip to $106,000, ending what has been a tumultuous October for bitcoin. Traders are now cautiously optimistic as the market transitions from the failed “Uptober” rally to the historically stronger month of November. Yesterday, Bitcoin tumbled over 3% amid renewed risk-off sentiment sparked by Federal Reserve Chair Jerome Powell’s hawkish comments on future rate cuts and renewed U.S.–China trade tensions.  The dip extended a week-long decline that began after the Fed delivered a modest 25 basis point cut but signaled uncertainty for December’s meeting. Bitcoin price had a disappointing October Bitcoin…

U.S. Treasury Secretary Scott Bessent marked the 17th anniversary of the Bitcoin white paper on Friday with a post on X praising the network’s resilience and adding a jab at Senate Democrats, saying the system “never shuts down” and implying lawmakers could “learn something from that.” The comment doubled as a policy signal and a partisan elbow.Oct. 31 carries special weight in crypto. It is the date Satoshi Nakamoto released the nine-page Bitcoin white paper in 2008, the document that sketched a peer-to-peer electronic cash system and set the stage for a network that has run continuously since January 2009.…

Spot Solana exchange-traded funds (ETFs) continue to attract investor interest, recording their fourth straight day of inflows amid “capital rotation” from Bitcoin and Ether funds. According to data from SoSoValue, spot Solana (SOL) ETFs added $44.48 million on Friday, bringing cumulative inflows to $199.2 million and total assets to over $502 million. The Bitwise Solana ETF (BSOL) led the charge, contributing the bulk of new capital with a 4.99% daily gain.In contrast, spot Bitcoin (BTC) ETFs saw $191.6 million in daily net outflows on the same day, continuing a week-long trend of profit-taking. The funds saw $488.43 million in outflows…