Chinese firm Cango Inc. announced a substantial surge in its Bitcoin mining production, mining 650.5 BTC in July. This output represents a significant 44.4% increase compared to the 450 BTC mined in the previous month of June. The company attributes… Read More »Cango Reports 44.4% Monthly Bitcoin Mining Increase to 650.5 BTC as Strategic Pivot Pays Off
SharpLink Gaming has made a significant move into the cryptocurrency space, acquiring 77,206 Ethereum (ETH) valued at approximately $296 million intended for staking purposes. This substantial investment underscores strong institutional confidence in both Ethereum and its Proof-of-Stake consensus ecosystem. The… Read More »SharpLink Gaming Acquires $296 Million in Ethereum, Signaling Institutional Confidence in ETH Staking
A long-term Bitcoin holder, commonly referred to as an ‘ancient whale,’ has executed a major divestment by selling 68,000 BTC from their holdings. The transaction reduces their initial 80,000 BTC position by approximately 85%, marking one of the largest recent… Read More »Ancient Bitcoin Whale Sells 68,000 BTC, Retains $1.38 Billion Stake