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New York Stock Exchange-listed bitcoin mining company Cango released its 2025 third-quarter financial report, revealing that the company's third-quarter mining output was 1,930.8 BTC, with an average daily mining volume of 21 BTC, an increase of 37.5% from the second quarter. The total mining volume as of the end of the third quarter was 5,810 BTC. In addition, Cango also reported total revenue of $224.60 million in the third quarter, of which bitcoin mining revenue was $220.90 million.
February 14 news, the central bank report shows that preliminary statistics, in January 2025, the scale of social financing increment of 7.06 trillion yuan, 583.30 billion yuan more than the same period last year. Among them, RMB loans issued to the real economy increased by 5.22 trillion yuan, an increase of 379.30 billion yuan; foreign currency loans issued to the real economy reduced by 39.20 billion yuan, a year-on-year decrease of 138.10 billion yuan; entrusted loans increased by 44.90 bill...
As of December 1, 2024, the stablecoin market cap reached $193 billion, an increase of 48% over the previous year. Forecasts suggest that stablecoins could surge to $3 trillion by 2030. Additionally, stablecoins drive utility by enabling faster, more affordable payments and benefit users ranging from small businesses to large enterprises.
Bitfinex released a report saying that Ethereum ETFs continue to struggle compared to Bitcoin ETFs, with large outflows leading to Ethereum's poor performance relative to Bitcoin. While there are some positive inflows from emerging Ethereum ETFs like BlackRock's iShares Ethereum Trust, established products like Grey Release's Ethereum Trust (ETHE) are facing significant outflows, a situation that is due to major market...
Bond traders are upping their bets that the Federal Reserve will cut rates by 50 basis points in September, rather than betting on the standard 25 basis points rate cut in September. This is fully reflected in the federal funds futures market. Weaker-than-expected inflation data released on Thursday sparked a buying frenzy in October that continued on Friday. Contracts due on October 31 have fully digested policymakers' expectations of a 25 basis point rate cut at the September 18 meeting. Any.....
