Cango, a New York Stock Exchange-listed bitcoin miner, reported a $81.6 million net loss for the second quarter, driven by a 50% decline in revenue
Tag: Hashrate
Bitcoin and Ether Prices Rise Amid US Treasury Bond Buybacks, Analyst Predicts $100,000 Target
Bitcoin and Ether prices surged following the US Treasury’s expansion of long-dated bond buybacks, with Standard Chartered analyst Geoff Kendrick forecasting Bitcoin could reach $100,000
Russia Bans Crypto Mining in Moscow, Moscow Region, and Parts of Kursk Until 2032
Russia has imposed a ban on cryptocurrency mining in Moscow, the Moscow Region, and parts of Kursk under government decree No. 936, with restrictions set