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DALLAS, Dec. 5, 2025 /PRNewswire/ – Cango Inc. (NYSE: CANG) (“Cango” or the “Company”) today published its Bitcoin production and mining operations update for November 2025. Paul Yu, CEO and Director of Cango, commented, “November marked the one-year milestone of our strategic transformation, and it was a month that demonstrated both our progress and our direction. Since expanding our deployed hashrate from 32 EH/s to 50 EH/s earlier this year, we have steadily optimized our operations to achieve average operating hashrate levels of around 90%, and closed the month with 6,959.3 BTC in holdings. We also completed our transition to…

An evening star candle pattern at the resistance trendline of the falling wedge pattern signals a potential downswing in Ethereum price. The 1,000–10,000 ETH cohort made the heaviest selling at the peak and continues to distribute coins at the current market. A potential death crossover between 100-and 200-day EMA slopes could accelerate the market selling pressure. ETH, the native cryptocurrency of the Ethereum blockchain, slips over 3.5% during Friday’s U.S. market hours to trade just above $2,000. The broader crypto market shows a similar downtick, as it seems that the early weeks recuperated the exhausted bearish momentum. However, the Ethereum…

December 5, 2025 — Cloud mining technology provider CLS Mining launched its new “Simple Mining, Smart Rewards” solution, designed to help users participate in cloud mining networks and earn cryptocurrency rewards in a lighter and smarter way. This solution combines automated hashrate allocation with AI optimization technology, making the mining process more efficient and user-friendly. CLS Mining states that the new solution uses an intelligent resource scheduling system, allowing users to contribute to the network of mainstream assets without complex operations. The system automatically adjusts hashrate based on on-chain activity, difficulty changes, and real-time network data, making rewards more stable…

Singapore, Singapore, December 5th, 2025, Chainwire Hotstuff Labs today announced the public testnet for Hotstuff L1, a DeFi Layer 1 blockchain powered by DracoBFT, a custom-built consensus protocol. Hotstuff L1 is a purpose-built chain that pairs a highly performant on-chain order book with a programmable finance routing layer where validators act as last-mile gateways to trading, payments, and fiat rails. Unlike general-purpose chains, Hotstuff L1 is designed as an Uber-style routing layer where validators deliver real-world financial access on demand. Hotstuff Labs is backed by top-tier investors, including Delphi Digital, Dialectic, Stake Capital, Tykhe Ventures, and the founders of leading DeFi protocols such as 1inch, Safe, Biconomy, Socket,…

Cross-chain swaps enable seamless cryptocurrency exchanges across different blockchain networks without centralized intermediaries. As blockchain ecosystems expand, the ability to move assets between chains has become essential for traders, DeFi users, and investors seeking to maximize opportunities across multiple networks. This comprehensive guide explores the best platforms for cross-chain swaps, examining their features, security measures, and unique advantages in the rapidly evolving crypto landscape. What Are Cross-Chain Swaps and Why They Matter Cross-chain swaps allow users to exchange cryptocurrencies from one blockchain to another directly, eliminating the need for centralized exchanges or custodial services. This technology addresses one of crypto’s…

Dogecoin price faces an 18% decline as the 20-day EMA slope provides dynamic resistance against coin buyers A risk model from Bridge Oracle shows no bubble conditions for DO On-chain data shows that crypto whales have bought at least 1 million DOGE tokens in the last 48 hours, accenting heavy conviction from large buyers. DOGE, the largest meme cryptocurrency by market cap, is down 2.8% during Thursday’s U.S. market hours. The downtick follows a slowdown in broader market momentum as Bitcoin wavers around $94,000. Despite the intraday selling, the Dogecoin price shows potential for a bullish rebound amid the formation…

Sheridan, Wyoming, USA, December 4th, 2025, Chainwire iAero Protocol Launches Token Sweeper Application, Announces LIQ Distribution Campaign. Base-native liquid staking protocol introduces multi-token batch swap tool and six-month staker rewards program. iAero Protocol, a liquid staking protocol on Base, today announced the launch of Token Sweeper, an application that enables users to swap multiple tokens in single transactions. The protocol also announced Season 1, a six-month campaign distributing 5% of LIQ token supply to iAERO stakers. iAero Protocol allows users to deposit AERO or veAERO and receive liquid iAERO tokens. This provides liquidity for vote-escrowed positions while maintaining exposure to…

Most Solana users have the same silent problem, their wallets are filled with tiny locked balances they don’t even know exist.  These come from rent fees tied to SPL token accounts, NFTs, old trades, or projects they interacted with months ago.  For most people, these forgotten accounts sit idle forever. But in recent months, a growing number of users have been sharing the same discovery: “I recovered SOL, I didn’t even know I lost.” That trend is tied to one project, RefundYourSOL, a Solana-based utility designed to scan wallets, identify inactive accounts, close them, and instantly return rent-locked SOL back…

San Francisco, California, USA, December 4th, 2025, Chainwire 54% of investors now use ChatGPT for trading and investment decisions. Only 11% trust the results. That gap, between AI’s promise and its spectacular failure in markets, represents billions in misallocated capital. TrueNorth just raised $3M to build the specialized intelligence that closes it. The pre-seed round, led by CyberFund with participation from Delphi Labs, SNZ, GSR, and Ocular, funds what the team calls “the reasoning layer for financial intelligence”: domain-specific AI that doesn’t hallucinate when money’s on the line. “Every vertical should have a specialized AI,” says Willy Chuang, co-founder at…

APIA, Samoa, Dec. 4, 2025 /PRNewswire/ — Phemex, a user-first crypto exchange, announced the Second Edition of its Futures Trading Apex Competition, a global year-end challenge running December 4–31, 2025 with a total prize pool of 450,000 USDT. The event reinforces Phemex’s commitment to building a high-energy, rewarding derivatives ecosystem for traders worldwide. Designed to celebrate the diversity of the Phemex community, the competition structure ensures inclusivity for traders of all styles and levels. This dual-track system allows new community members to shine alongside seasoned veterans, with 30% of the prize pool dedicated specifically to newcomers. Event Highlights: Dynamic Community…