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ICP$6.1328 extended its powerful rally on Thursday, jumping 33.99% to $7.02 in a move that firmly established a bullish breakout above the key $7.00 threshold. The sharp rally came amid heavy trading volume and widespread volatility across the broader crypto market, as ICP continued to separate itself from the sector’s prevailing weakness, according to CoinDesk Research’s technical analysis data model.The token surged from $5.26 to reach a high of $7.20, posting one of its strongest daily performances in months. The decisive break above $7.00 marked a psychological and technical milestone for the asset, transforming prior resistance into a new support…

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…

The cryptocurrency market has been on edge in recent weeks, and two of its most recognized meme tokens, Dogecoin and Shiba Inu, have suffered the brunt of the sell-off. Both coins have seen significant price drops with low bullish whale activity, declining on-chain performance, and worsening market sentiment.  Dogecoin’s fall is aggravated by large holders selling massive amounts of tokens, while Shiba Inu’s troubles are due to its inability to sustain liquidity and demand through its layer-2 network, Shibarium. Together, their price crashes reflect the unease among retail traders concerning the two meme coins. Dogecoin And Shiba Inu Crashing Dogecoin…

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 brief Robinhood generated $1.2 billion in revenue in its third quarter. In its latest Robinhood note, investment bank Compass Point maintained a “buy” rating and boosted its price target to $161. Robinhood’s prediction markets are gaining traction in the U.S., but the firm is also looking to expand them to other countries. Robinhood Markets generated $1.2 billion in revenue for its third quarter, a nearly 100% gain from the same period a year ago, the firm announced Wednesday, exceeding analysts’ expectations and continuing the online brokerage’s strong top-line growth.Robinhood also surpassed forecasts with earnings per share of $0.61, a…

Discussions over the digital asset market structure bill currently being considered in the US Senate are reportedly still happening amid the longest government shutdown in the country’s history.According to a Tuesday Politico report, Republican Senator John Boozman with the Senate Agriculture Committee — one of the committees that will need to approve the bill before consideration in the full chamber — will discuss the market structure legislation with White House crypto and AI czar David Sacks and Democratic Senator Cory Booker. The reported call will come as lawmakers prepare to finalize a discussion draft of the bill.The market structure bill…

Columbia professor warns that many DATs were launched as get-rich-quick schemes. Columbia Business School professor Omid Malekan said that any analysis of why crypto prices continue to fall needs to include Digital Asset Treasuries (DATs), because in aggregate, they turned out to be a mass extraction and exit event, which is a reason for prices to go down. He said there are a few exceptions, but he added that he can count them on one hand. Meanwhile, “dozens upon dozens” were launched in a fashion likely to cause value destruction for crypto assets. He argued that, based on his…

In brief Google integrated its Gemini AI into Maps for conversational, hands-free navigation. The system gives landmark-based directions and proactive traffic alerts. A new Lens feature lets users identify nearby places through their phone camera. Generative AI is moving off the screen and onto the road. Google announced Wednesday that it has begun embedding its Gemini models into Maps, signaling how personal, phone-based navigation is becoming the next proving ground for real-world AI.Google described the update as an effort to make navigation more conversational and context-aware, allowing drivers to complete multi-step tasks by voice—such as finding a budget-friendly restaurant with…

The team behind decentralized finance (DeFi) protocol Balancer published a preliminary post-mortem report on Wednesday, detailing the cause of the exploit that siphoned $116 million across DeFi markets.Balancer was hit by a sophisticated code exploit on Monday that affected Balancer v2 Stable Pools and Composable Stable v5 pools, while all other pool types remained unaffected, according to the report.The hacker used a combination of BatchSwaps, which allow the user to bundle multiple actions in a single transaction, including flashloans — short-term loans borrowed and repaid within the same transaction — and an exploit of the upscale rounding function that affects…

Greenwich, CT, November 5th, 2025, ChainwireLeverage Shares by Themes is thrilled to announce the launch of GEMG, a first-to-market single-stock leveraged ETF with exposure to GEMI, available for trading November 5, 2025.The firm continues to expand its leveraged single-stock ETF lineup across the digital asset ecosystem; the debut of GEMG is hot on the heels of the firm’s recent launches of the Leverage Shares 2X Long BMNR Daily ETF (BMNG) and Leverage Shares 2X Long BLSH Daily ETF (BLSG), which became available for trading on October 27, 2025.These ETFs are designed to equip investors to amplify returns (up and down)…