Justin Sun has become something of a controversial celebrity in the crypto world. In fact, he thinks the market is underpricing the impact of a TRX ETF. Canary Capital was the last firm to file a TRX ETF. It’s a consequential move that gets TRON one step closer to being...
$29 million. That’s a large amount, particularly in today’s environment. It’s easy to see why Symbiotic’s recent Series A — led by Pantera Capital and backed by the likes of Coinbase Ventures — now screams potential. Let's not get carried away. We’ve witnessed as many crypto projects with million or...
Symbiotic has quickly become a household name in the blockchain ecosystem. To do that, they recently raised $29 million in funding, indicating a broader change in our attitude towards staking. Major players, such as Aave, Polygon, and StarkWare, are supporting this funding round. This support means a huge financial boost...
Cango, another Chinese company, started out providing auto dealers with financing to make loans to car buyers. Now, it has mystically diversified and just recently made a big splash into the Bitcoin mining market. This move, initiated in November 2024, reflects the company's recognition of the increasing prevalence of crypto...
A Solana (SOL) staker that has made an initial investment of $27. Earlier this month, they unstaked 100,000 SOL tokens worth about $13.9 million and then deposited them on the crypto exchange Binance. Despite this substantial withdrawal, the staker's account still holds over $166 million worth of SOL tokens, highlighting...
On Tuesday, Cango Inc. shares were up by 5.40% to $4.10. This increase came on the heels of Apollo Insights, an independent equity research firm, initiating coverage on the company. The firm's analysis highlighted Cango Inc.'s strategic entry into Bitcoin mining as a key factor influencing its market position and...
Cango mining Bitcoin? Seriously? At first, I laughed. Cars and crypto? That, to us, seemed like a match made in… well, nowhere. Then I started digging, and whoa. This could be bigger than anyone realizes. Forget about your typical business trying to get on the bandwagon. Cango could be on...
A significant event has recently rippled through the Solana (SOL) ecosystem: a whale address executed a partial sell-off of their holdings, amounting to $13.9 million. This abrupt decision has understandably raised alarms and given rise to speculation. Let’s explore why this might be happening and what it means for the...
The news broke: Apollo Insights is covering Cango Inc. (CANG), zeroing in on their Bitcoin mining foray. Cango, an auto financing platform at its core, is taking a step into the crypto sandbox. The question is: is this strategic diversification or a dangerous distraction? Cango's stock is up, but in...
A Solana whale, who initiated a strategic staking play in 2021, is now sitting on a substantial $153 million unrealized profit. The whale’s grand total of staked Solana holdings came to 1.29 million, which it originally purchased for $27 million. As Solana's value surged to approximately $140, the whale's holdings...
