Cango’s bitcoin production slips in June

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U.S. Launches Strategic Bitcoin Reserve to Hedge Inflation and Spearhead Digital Finance

08:26 31-07-2025 （2 days ago）

The United States government has formally initiated the creation of a national strategic Bitcoin reserve, designed to mitigate inflation risks, diversify sovereign assets, and establish American leadership in digital financial innovation. This landmark initiative is spearheaded by President Donald Trump's Council of Advisers on Digital Assets, with Robert 'Bo' Hines playing a central role in its execution. The reserve framework,...

Ethereum Torch NFT Minting Concludes, Over 780,000 Tokens to be Burned Marking 10-Year Milestone

17:56 31-07-2025 （2 days ago）

A commemorative NFT project celebrating Ethereum's 10th anniversary, known as the Ethereum Torch, has officially concluded its minting phase. This community-driven initiative resulted in the creation of more than 780,000 Ethereum Torch NFTs, showcasing substantial engagement across the ecosystem. These NFTs, symbolizing the spirit of Ethereum, will be burned on July 30th. The planned burning process involves sending all minted...

The Ether Machine Expands Ethereum Holdings to Over 334k ETH and Targets Nasdaq Listing

07:24 31-07-2025 （2 days ago）

Digital asset firm The Ether Machine has significantly increased its exposure to Ethereum through the acquisition of 15,000 ETH, executed at an average price of $3,809.97. This purchase elevates the firm's total Ethereum holdings to 334,757 ETH, reinforcing its position as a major institutional holder. Funds earmarked for further expansion include $407 million in cash held by The Ether Reserve...

JPMorgan Expands Digital Asset Services as Dimon Adjusts Stance on Crypto

23:14 31-07-2025 （1 day ago）

JPMorgan Chase CEO Jamie Dimon is expanding the bank's digital asset services following a notable shift in his stance on cryptocurrency, driven by client demand and industry evolution. Dimon, once a vocal skeptic who dismissed Bitcoin as a 'fraud', has acknowledged the underlying technology's potential while maintaining caution regarding illicit uses. His perspective evolved as the financial landscape matured, prompting...

Shiba Inu Burn Rate Soars 367% After Whale Activity Despite Price Decline

14:34 30-07-2025 （3 days ago）

The Shiba Inu (SHIB) token burn rate experienced a massive spike of 367.83% over the past week, primarily fueled by a single significant transaction where a whale incinerated 600 million tokens. This surge in purposefully destroyed tokens coincides with a sharp 11.11% drop in SHIB's market price. Analysts observe this drop mirrors a concurrent 2% decline in Bitcoin following news...

Dogecoin Plummets 9% Amid Dollar Rally and Market Turmoil, Key Support Levels Tested

11:09 01-08-2025 （24 hours ago）

Dogecoin (DOGE) plummeted 9.17% within 24 hours, breaching the crucial 200-day simple moving average support level at $0.212. The sharp decline reflects broader crypto market volatility fueled by macroeconomic pressures. A surge in leveraged position liquidations exacerbated the selloff, with over $751 million wiped out across cryptocurrency markets. Long positions suffered disproportionately, accounting for $706 million of the total liquidations....

Ether Eyes $4,500 Rally Amid Bullish Momentum and Bearish Divergence Concerns

21:58 30-07-2025 （3 days ago）

On-chain data indicates Ethereum's native token Ether (ETH) could be poised for a rally toward $4,500, supported by strong market momentum and historical price patterns. The cryptocurrency has persistently traded below the $4,000 resistance level, which remains a critical threshold for bullish advancement. Market analysts identify $4,500 as the next major target for buyers, based on technical formations and liquidation...

Bitcoin Dominance at 60.71% Delays Altcoin Season Despite Ethereum Gains

15:44 31-07-2025 （2 days ago）

Bitcoin's market dominance has reached 60.71%, reinforcing its position as the cryptocurrency leader while delaying the onset of an altcoin season. Despite Bitcoin's persistent control over market capitalization, Ethereum has demonstrated significant strength with a 45% gain against Bitcoin recently. This surge is attributed to substantial ETF inflows totaling $1.13 billion alongside growing decentralized finance activity. Market sentiment shows cautious...

Crypto Market Slump Drags Bitcoin Below $113,000, Ethereum Tumbles 5%

00:57 02-08-2025 （10 hours ago）

The cryptocurrency market has witnessed a broad-based downturn, with major digital assets facing significant downward pressure. Bitcoin declined by 1.86% to reach $113,574 after briefly falling to an intraday low of $112,722 amid heightened volatility. Ethereum posted steeper losses, dropping 5.56% to trade at $3,489. The sell-off extended to altcoins including ETHFI and OMNI, both plummeting over 8% amid widespread...

Trader Eugene Ng Ah Sio Outlines Bullish ETH/BTC Entry Points with Risk Management Strategy

07:58 02-08-2025 （3 hours ago）

Prominent trader Eugene Ng Ah Sio advocates long positions on Ethereum (ETH) and Bitcoin (BTC), specifying strategic entry points at $3,500 for ETH and $113,000 for BTC. He recommends stop-loss orders below $3,400 for ETH and $112,000 for BTC to mitigate downside exposure as market conditions fluctuate. Ng Ah Sio characterizes the crypto market as non-binary, oscillating between bullish and...

Insuficient Data Provided for Cryptocurrency News Report

18:26 01-08-2025 （17 hours ago）

The information submitted for the news article was incomplete and incoherent. Based solely on the material provided, which consisted of metadata indicating the content was insufficient and lacking clear key points or a main idea, no substantive news report can be generated. Per journalistic standards and the requirement to avoid fabrication or fiction, reporting must be based on verifiable facts,...

Record $812 Million Outflow Hits US Spot Bitcoin ETFs as Major Funds Adjust Portfolios

06:44 02-08-2025 （4 hours ago）

US spot Bitcoin exchange-traded funds (ETFs) recorded their largest daily net outflow in five months, with investors withdrawing $812.27 million in a single day. The substantial redemptions were primarily driven by two major funds: Fidelity’s FBTC saw $331.42 million in outflows while ARK Invest’s ARKB experienced withdrawals of $327.93 million. Together, these two funds accounted for over $659 million of...