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What is Cloud Mining, And Why Has It Become So Important in 2025?In the past, Bitcoin mining meant dealing with noisy hardware, high electricity costs, and complex technical barriers. By 2025, the emergence of cloud mining has completely revolutionized the field—users only need to rent computing power from remote data centers to earn cryptocurrency returns easily.With cloud mining, you don’t need to buy or maintain any equipment. Simply select a computing power package on the platform, and the rest—configuration, maintenance, and payout—is fully managed by the provider.Main advantages include:– No need to bear equipment purchase or electricity consumption– Operate anytime…

ARK Invest’s Cathie Wood has cut her long-term Bitcoin price projection by $300,000, warning that stablecoins are eroding Bitcoin’s role as a store of value in emerging markets.“Stablecoins are usurping part of the role that we thought Bitcoin would play,” Wood, who previously forecast a top BTC price of $1.5 million by 2030, told CNBC on Thursday.“Given what’s happening to stablecoins, which are serving emerging markets in a way that we thought Bitcoin would, I think we could take maybe $300,000 off that bullish case, just for stablecoins.Stablecoins are scaling here, I think, much faster than anyone would have expected,”…

Kuala Lumpur, Malaysia, November 6th, 2025, ChainwireSonami ($SNMI) today announced the continuation of its presale and the expansion of its ecosystem through the launch of the first Solana Layer 2 token. The project has been developed to address network congestion and reliability challenges often experienced by Solana users during high transaction periods.Sonami Introduces Layer 2 Efficiency for Solana-Based TransactionsSonami ($SNMI) is a project developed to tackle performance challenges on the Solana network, such as congestion and maintaining reliability during periods of high activity.It is the first token launched on Solana Layer 2, allowing Sonami to offload transactions and enhance network…

Dogecoin price currently hovers near $0.15 support amid rising liquidation pressure. Analysts predict a rebound, targeting up to $0.48 by early next year. Technicals remain weak, but oversold signals hint at a possible recovery. Dogecoin (DOGE) is at the centre of market attention as the broader crypto sector struggles to stabilise. The popular meme coin has extended its recent losses, but some analysts believe a major rebound could be in the making. Despite the current downturn, optimism is quietly building that the Dogecoin price could soon “burst” upward if key technical levels hold. Market pressure builds as DOGE tests key…

HONG KONG, Nov. 6, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) today released a letter to shareholders at the one-year milestone of its bold transformation to a robust Bitcoin mining operation. CEO Paul Yu reflected on this milestone, emphasizing Cango’s vision to deliver energy-secured HPC services. The journey began in November 2024 with Bitcoin mining as a practical entry point to secure energy access, build operational expertise, and create flexible sites for long-term goals.In just eight months, Cango scaled to a 50 EH/s global platform by acquiring 32 EH/s of on-rack mining machines in November 2024, followed by 18 EH/s in…

NEW YORK — The U.S. government shutdown is now the longest on record, breaking the previous 35-day record on Wednesday as lawmakers continue to be at an impasse over funding the federal budget — an impasse that may be strengthened by Tuesday night’s sweeping win for Democrats in an off-year election.Expectations had been growing that Democrats might give in on their demands and vote to fund the government as soon as this week or early next week without winning concessions in their effort to address healthcare premiums that rose this month. But Tuesday’s election may further delay any dealmaking between…

The price of XRP has dropped to $2.21 despite record usage of XRPL’s native DEX, revealing a worrying market divergence. The XRP Ledger’s native decentralized exchange (DEX) just hit an all-time high of 954,000 daily transactions on November 4, according to on-chain data. While this activity marked one of the busiest days in recent months for the network, the market performance of its associated XRP token presents a different picture. Record XRP DEX Activity Fails to Lift Price At first glance, the increase in the number of transactions appeared to signal stronger network health and adoption within the XRP…

Franklin Templeton has launched a tokenized US dollar money market fund for professional investors in Hong Kong, expanding its crypto offerings in Asia. According to a statement shared with Cointelegraph on Wednesday, the Franklin OnChain U.S. Government Money Fund is the first end-to-end tokenized structure by an asset manager to integrate issuance, distribution and servicing directly onchain in Hong Kong. The tokenized fund will be initially available only to institutional and professional investors. It is registered in Luxembourg under a regulated framework that allows investment funds to be sold across the European Union. The fund uses Franklin Templeton’s proprietary blockchain recordkeeping…

CMT Digital, a Chicago-based venture capital firm specializing in digital assets, has closed its fourth fund, raising $136 million to back blockchain startups.The fund will target founders developing the next wave of crypto infrastructure and applications, as regulatory clarity improves and institutional adoption accelerates, according to an announcement on Wednesday.Investment partner Sam Hallene told Fortune that the fund drew backing from a mix of wealthy individuals, family offices, and institutional investors, though he declined to name participants in the round.CMT Digital has already committed about a quarter of its $136 million fund, backing stablecoin startups such as Coinflow and Codex.…

In an industry that moves at the speed of code, trust remains the one thing that can’t be faked or rushed. This was the core message that echoed through the recent BeInCrypto x ICP Hubs webinar, where Alevtina Labyuk, Chief Strategic Partnerships Officer of BeInCrypto and a jury member at ICP Hubs, led a deep dive into what it truly means to build a Web3 brand that lasts. Held as part of BeInCrypto’s ongoing partnership with ICP Hubs, the session brought together founders, builders, and marketers to explore the strategic layers of reputation, visibility, and storytelling, three pillars that, according…