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Chinese Auto Dealer Dives Into Bitcoin Mining With $256M Investment

Shanghai-based car dealership Cango Inc. has pivoted to Bitcoin (BTC) mining, announcing a $256 million acquisition of 32 exahashes per second (EH/s) in hashrate from Bitmain Technologies. In November, the…

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Ethereum Price Analysis: Following a 15% Weekly Crash, What’s Next for ETH?

Ethereum has once again failed to reclaim the critical $4K resistance level, leading to a notable decline in price. However, the cryptocurrency has now reached a significant support zone, where…

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Bitcoin Eyes $99K as Altcoins Produce Double-Digit Gains: Recovery Weekend Watch

After a few consecutive days of price slumps, bitcoin’s trajectory has finally reversed as the asset popped above $99,000 earlier today. The altcoins are also in the green following the…

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