The company reportedly sold its China operations to an entity associated with Bitmain for $352 million. Cango, a publicly traded Chinese conglomerate, has agreed to sell its legacy China operations to an entity associated with peer Bitmain in a bid to go all-in on Bitcoin (BTC) mining, according to a report by The Miner Mag. ...Continue Reading

Bills regulating stablecoins and a potential digital dollar moved out of the US House Financial Services Committee after a late-night vote. The US House Financial Services Committee has advanced a bill aimed at preventing federal banks from using or issuing central bank digital currencies, or CBDCs, paving the way for a vote in the chamber....Continue Reading

Crypto and stock markets took heavy losses throughout the US trading session. Should traders expect a relief rally due to oversold conditions? Bitcoin (BTC) and US stock markets all sold off sharply after US President Donald Trump shook up financial markets by announcing a list of reciprocal tariffs on several countries. On April 3, the...Continue Reading

Bitcoin-specific startups accounted for only about 6% of the total crypto funding deals in 2024, according to a report from Trammell Venture Partners. The number of pre-seed funding rounds for Bitcoin (BTC) startup companies has grown by 767% since 2021, according to a report from venture capital firm Trammell Venture Partners (TVP). Bitcoin pre-seed transactions...Continue Reading

Bitcoin’s pre-reciprocal US tariff gains evaporated as the S&P 500 prints intra-day losses not seen since the height of the COVID-19 sell-off in mid-2020. Bitcoin (BTC) hit new monthly lows at the April 3 Wall Street open as US unemployment data added to pressure on risk assets. BTC/USD 4-hour chart. Source: Cointelegraph/TradingView Data from Cointelegraph...Continue Reading

DEX aggregator ParaSwap has rebranded to Velora and launched its Delta v.2.5 upgrade, introducing a customizable intents-based trading system that enhances trade execution flexibility, MEV protection, and cross-chain functionality. Decentralized exchange (DEX) aggregator ParaSwap announced its rebrand to Velora and is moving on to a new intents-based trading feature. According to an announcement shared with...Continue Reading

US lawmakers in the Senate Banking Committee voted to advance four of President Donald Trump’s picks for crucial government positions, including prospective SEC chair Paul Atkins. Lawmakers on the US Senate Banking Committee voted to advance the nomination of Paul Atkins to be chair of the Securities and Exchange Commission (SEC), paving the way for...Continue Reading

Economic observers are concerned over Trump’s tariff policy, which has markets worried about a possible recession. US President Donald Trump introduced a slew of tariffs on April 2, sending markets into a tailspin and dividing crypto observers as to their possible long-term effects.  At a special event at the White House, Trump signed an executive...Continue Reading

The SEC backed down in the Ripple case, but the industry remains in the dark on key legal questions and a “bad actor disqualification” stays. Ripple has emerged (mostly) victorious from its long-running battle with the Securities and Exchange Commission (SEC), but for legal experts, the cases conclusion feels like a missed opportunity. Since the...Continue Reading

US officials sanctioned eight crypto wallet addresses tied to Russian exchange Garantex and the Yemeni Houthi movement after blockchain forensics linked nearly $1 billion in funds to Houthi operations. The US Treasury Department sanctioned eight cryptocurrency wallet addresses linked to Russian crypto exchange Garantex and the Yemeni political and military organization the Houthis. The United...Continue Reading