Cango, a publicly traded Chinese conglomerate, has agreed to sell its legacy China operations to an entity associated with peer Bitmain in a bid to go all-in on Bitcoin (BTC) mining, according to a report by The Miner Mag.  Cango agreed to sell its legacy Chinese auto financing business to Ursalpha Digital Limited in a…

Shares of the top publicly traded Bitcoin mining companies plunged on Thursday a day after U.S. President Donald Trump rattled markets by imposing global tariffs.  American miners, including Hive Digital, CleanSpark, Riot Platforms, and BitDeer were all trading between 6-8% lower on Thursday morning New York time.  Other U.S. Bitcoin miners such as Core Scientific…

Bitcoin (BTC) hit new monthly lows at the April 3 Wall Street open as US unemployment data added to pressure on risk assets. BTC/USD 4-hour chart. Source: Cointelegraph/TradingView Bitcoin gives early April gains as stocks plummet Data from Cointelegraph Markets Pro and TradingView confirmed the first trip below $82,000 for BTC/USD since the start of…

Down more than 5% since President Trump’s tariff announcement on Wednesday evening sent markets plunging, bitcoin (BTC) once again is disappointing bulls who have touted its store-of-value properties or potential as a non-correlated safe haven to risk assets like stocks. Or not. “This moment feels like a turning point,” said Joel Kruger, LMAX Group market…

Bitcoin extended its recent retreat Thursday, with the price of the leading cryptocurrency falling in the wake of President Donald Trump’s latest tariff announcement. Bitcoin slipped below $82,000 before edging just above that level after the late-Wednesday news of new tariffs that shook global markets and eroded investors’ interest in risk assets. (Read Investopedia’s live…

Bitcoin BTCUSD hit new monthly lows at the April 3 Wall Street open as US unemployment data added to pressure on risk assets. Bitcoin gives early April gains as stocks plummet Data from Cointelegraph Markets Pro and TradingView confirmed the first trip below $82,000 for BTCUSD since the start of the month. After initially surging…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin‘s price surge on Wednesday to the $87,000 threshold has reignited bullish sentiment in the market. However, the flagship asset’s renewed upward strength has briefly weakened, dropping to the $85,000 level. During this slight movement, a key strong support zone was identified…

The price of Bitcoin slipped below $82,000 on Thursday as U.S. President Donald Trump’s massive new tariffs shook Wall Street and also sent altcoins diving. The leading cryptocurrency dropped 5.8% to $81,732, according to crypto data provider CoinGecko. Solana, the sixth-largest digital asset by market value, fell 12% to a 13-month low under $113. Dogecoin,…

Breadcrumb Trail Links PMN Business Lauren Lin is in a hurry. She has less than 48 hours to ship about 5,600 Bitcoin mining machines from Thailand to the US before tariffs imposed on the Southeast Asian country by President Donald Trump kick in. Author of the article: Published Apr 03, 2025  •  3 minute read…

Lauren Lin is in a hurry. She has less than 48 hours to ship about 5,600 Bitcoin mining machines from Thailand to the US before tariffs imposed on the Southeast Asian country by President Donald Trump kick in. “Today we’re just scrambling,” said Lin, head of hardware at Luxor Technology, a Bitcoin mining software and…