Daily Crypto News & Musings

Latest News and Articles about Cango

Cango Dumps $305M Bitcoin: Market Holds as Maxi Doge ($MAXI) Frenzy Ignites

Cango Unloads $305M in Bitcoin: Market Stands Firm as $MAXI Meme Coin Sparks Frenzy Cango, a corporate heavyweight, just dumped $305 million worth of Bitcoin ($BTC) onto the market, sending shockwaves through the crypto space. Yet, against all odds, Bitcoin didn’t crumble—institutional demand soaked up the pressure like a sponge. Meanwhile, retail traders are pivoting […]

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Cango Sells China Ops for $351.9M, Shifts to Bitcoin Mining

Cango Exits China in $351.9M Deal, Pivots to Bitcoin Mining Cango, a Shanghai-based company, has made a significant strategic shift by selling its China operations to Ursalpha Digital Limited for $351.94 million, marking a bold pivot to Bitcoin mining. Cango sells China operations for $351.94M Shifts focus to Bitcoin mining Plans to deregister as “China […]

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