Cango raises $75.5M as Bitcoin miner makes AI infrastructure pivot
The funding follows a $305 million Bitcoin sale and increases a key investor’s voting power to nearly 50%, as the company restructures its balance sheet amid sector volatility.
ETH ETF holders in ‘worse position’ than BTC ETF peers as crypto market looks for bottom
Bitcoin and Ether spot ETF holders are nursing steep losses as the market continues to search for a local bottom, but data from Bloomberg suggests neither cohort is capitulating.
Bitcoin analysts predict ‘prolonged’ consolidation phase for BTC price
Glassnode analysts said Bitcoin remains stuck between “key cost-basis levels,” and a prolonged consolidation period may lie ahead even if traders are actively buying dips to the range lows.
Bitcoin must close week at $68.3K to avoid 'bearish acceleration': Analyst
Bitcoin may continue to copy its 2022 bear market if bulls fail to reclaim the 200-week exponential moving average by the end of the week, new analysis said.
Bitcoin miner outflows spike in January, but public sales remain limited
Onchain data shows nearly 49,000 BTC moved from miner wallets in two days, but public disclosures suggest the transfers do not reflect broad capitulation.