DALLAS, Dec. 2, 2025 /PRNewswire/ — On December 1, Cango Inc. (NYSE: CANG) (“Cango” or the “Company”) announced its unaudited financial results for the third quarter ended September 30, 2025. Third Quarter 2025 Financial and Operational Highlights Total revenues were US$224.6 million in the third quarter of 2025, an increase of 60.6% compared with the second quarter of 2025. Revenue from the bitcoin mining business in the third quarter of 2025 was US$220.9 million. Operating income was US$43.5 million and net income was US$37.3 million over the period. Adjusted EBITDA for the third quarter of 2025 was US$80.1 million. Average operating hashrate…
Author: Crypto Flexs
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BitMine Immersion Technologies has added more than 7,000 Ethereum for approximately $19.8 million to its vaults, which now accounts for more than 3% of the total supply of major altcoins. summation BitMine purchased 7080 ETH for approximately $19 million. The company currently holds over 3.7 million ETH, accounting for over 3% of Ethereum’s circulating supply. According to data tracked by on-chain analytics platform Lookonchain, on December 2, a wallet associated with BitMine acquired 7,080 ETH from FalconX, continuing new purchases that started on Saturday. Over the weekend, the same wallet acquired 16,693 ETH for approximately $50.1 million, bringing the total…
BELIZE City, Belize, December 2nd, 2025, Chainwire Crypto Fight Night (CFN) has confirmed a partnership with BC.GAME, which will serve as the event’s Exclusive Gaming Partner for the 2025 edition. A dedicated Crypto Fight Night section is now live on the BC.GAME homepage with official pre-fight betting markets for the full card ahead of fight night on December 5. One of the most anticipated nights on the crypto fight calendar is just around the corner. On December 5, 2025, Crypto Fight Night (CFN) will team up with crypto-native online brand BC.GAME, which has been appointed as the event’s Exclusive Gaming…
Kiyosaki said BTC and ETH offer protection in anticipation of a global financial downturn. He warns that rising poverty and expanding asset bubbles could reshape market conditions. Despite selling $2.25 million in BTC, he remains bullish and expects a big drop. Robert Kiyosaki reaffirmed his warnings about the deepening global crisis, telling market participants that digital assets such as Bitcoin and Ethereum remain essential protection at a time when economic conditions are expected to deteriorate. His remarks, shared in a series of social media posts, describe a scenario in which he believes poverty levels are increasing globally while certain assets…
November 25, 2025 – London, UK – FuturoMining, a global cloud mining platform based in the UK, has officially launched a zero-cost cloud mining program that allows users to mine Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) without any initial investment, with a potential daily income of up to $4,500. The new program significantly lowers the threshold for entry into mining by offering free computing power, instant rewards, automatic daily calculations and a simple registration process. Users can participate without purchasing equipment, paying for electricity or having any technical experience, making it ideal for beginners and investors looking for a…
Disclaimer: The following blog is a suggestion from the Account Abstraction team. Content may not imply consensus views, EF is a broad organization that strengthens Ethereum by including and beyond a healthy diversity of opinions across the protocol. From Ethereum’s early days, its promise to be a global, permissionless, and censorship-resistant computing platform has always been bold. Today that promise is more alive than ever. Ethereum has expanded through rollups with abundant block space and low transaction costs. Now the challenge is not only throughput; Seamless user experience Beyond the multi-chain horizon. What if we all had L2? It felt…
The platform suspends trading between futures and FTX products. This was caused by a cooling issue in the CyrusOne data center. The disruption comes days after CME celebrated a record day for the cryptocurrency complex. The Chicago Mercantile Exchange implemented an unexpected trading pause on Friday after a CyrusOne data center overheated, knocking key services and platforms offline. Today’s official X post has been confirmed: Cooling issues in the CyrusOne data center are currently causing the market to shut down. Routine market sessions were thrown into disarray as futures linked to currencies, stock indices, Treasury bonds and commodities lost updates,…
join us telegram A channel to stay up to date on breaking news coverage The UK plans to require domestic cryptocurrency exchanges to report transactions by local residents starting next year to address gaps in reporting regulations. The change gives tax authority HMRC (HMRC) access to domestic and cross-border cryptocurrency transaction data for the first time. CARF is scheduled to be launched in 2027 This change expands the scope of the Cryptocurrency Reporting Framework (CARF), a cross-border reporting framework developed by the Organization for Economic Co-operation and Development (OECD). The framework allows information to be shared between tax authorities around…
Bitcoin price recovered above $90,000. BTC is currently struggling to clear $92,000 and may begin another decline below $90,000. Bitcoin began a recovery and rose to $92,000. The price is trading above $90,000 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a break has occurred below the short-term bullish trendline with support at $90,800. If it falls below the $90,000 area, the pair may continue to decline. Bitcoin price faces resistance Bitcoin price remained above the $88,500 level. BTC formed a base and recently began a recovery above the $90,000…
BlackRock, one of the world’s leading asset managers, has significantly increased its cryptocurrency investments, purchasing $589 million in Bitcoin (BTC) and Ethereum (ETH) from Coinbase (NASDAQ: COIN) in just three days. According to data from Arkham, BlackRock acquired 4,044 BTC and 80,121 ETH, indicating growing interest in digital assets amid market recovery and increased institutional trading.Blackrock received 300 $BTCValued at $27.51M, $16,629 $ETHWorth $50.64 million #CoinbaseFor the last 10 minutes.Over the past three days, we have received 4,044 cases. $BTC $354M and valued at 80,121 $ETH Worth $235 million https://t.co/a9ele6V370 pic.twitter.com/kbZIxRMGdm— Onchain Lens (@OnchainLens) November 28, 2025The latest deal is…