Day: April 1, 2026

Cango Secures $75M in Fresh Capital to Expand Ecohash AI Computing Platform – Mining Bitcoin News

boss

U.S.-Listed Bitcoin Miner Cango Closes $75M Financing Round for AI Expansion The $65 million equity placement was purchased by entities controlled by Chairman Xin Jin and Director Chang-Wei Chiu. The transaction issued 49,242,424 Class A ordinary shares, with proceeds settled in USDT. The deal fulfilled definitive agreements the company announced Feb. 12, 2026, and closed as scheduled. On April 1, Cango (NYSE: CANG) executed a separate convertible note with DL Holdings Group Limited (HKEX: 1709), a Hong Kong-listed financial services group, for $10 million in principal. The note carries no…

The Bitcoin Bleed Is Almost Over, But Will Price Reach $40,000 Before Bouncing?

boss

Crypto analyst Sykodelic has declared that the Bitcoin bleed is almost over and suggested that BTC is unlikely to drop to $40,000 as some experts predict. He alluded to the 2022 bottom to explain why the leading crypto is likely to find a bottom soon and begin a new bull cycle.  Analyst Explains Why Bitcoin Will Soon Find A Bottom In an X post, Sykodelic said the Bitcoin bleed is almost over and that people expecting a drop to the $40,000 range will be sidelined. He further remarked that this…

Pro-Crypto PAC to be Headed by Tether Executive ahead of US Midterms

boss

Jesse Spiro, the head of government affairs at stablecoin issuer Tether, will be chairing the organization of a crypto-backed Super political action committee (PAC) to “actively support candidates” in the 2026 US midterm elections and beyond. In a Wednesday announcement, the Fellowship PAC, a committee that launched in August 2025 and later claimed to have raised “over $100 million” from undisclosed backers aligned with the crypto industry, said that Spiro would become chair ahead of its first political endorsements for the 2026 elections. The PAC said that it would support…

Bitcoin (BTC): 2026 Q2 Ausblick auf dem Wochenchart – Elliott Wave Analyse

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin (BTC): Nächste Preisziele! Preisprognose und Elliott Wave Chartanalyse —————————————————————————————– 🧿 MCO Global: 🧿 Werde Teil der MCO Krypto Community (deutschsprachig): 👉 🧿 Trete unserer Aktien Community bei (englischsprachig) 👉 💻 ✉️ Kostenlosen Newsletter abonnieren: 👉 Kaffeekasse: —————————————————————————————– 🧿 Social Media: 👉 X / Twitter: 👉 Instagram: 🔗 Alle Links: ✉️ Kontakt: info@morecryptoonline.com —————————————————————————————– 🧿 Exchanges / Produkte / Services (Affiliate Links): 👉 Trade mit Bybit: 👉 Trade mit Bitget: 👉 Handeln mit XTB – ein globaler, regulierter Broker mit Zugang zu…

US Treasury Seeks Industry Input as Stablecoin Regulation Enters Federal Rulemaking Phase – Regulation Bitcoin News

boss

Treasury Invites Public Feedback on Framework Bridging State and Federal Stablecoin Rules The U.S. Department of the Treasury issued a notice of proposed rulemaking (NPRM) on April 1, seeking public input on stablecoin regulation. The federal agency is advancing implementation of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, focusing on how state-level regulatory regimes compare with federal standards. The announcement stated: “The NPRM is the first regulation Treasury has proposed to implement the GENIUS Act.” “The GENIUS Act directs Treasury to, through notice and comment rulemaking,…

CFTC Finalizes Settlement With Former FTX Engineer, Imposes $3.7M Disgorgement – Regulation Bitcoin News

boss

Court Order Concludes CFTC Case Against FTX’s Former Head of Engineering The U.S. derivatives regulator took enforcement action against a former crypto executive as part of a broader fraud case. The Commodity Futures Trading Commission (CFTC), an independent federal agency overseeing U.S. derivatives markets, announced on April 1 that it resolved its action against former FTX head of engineering Nishad Singh, outlining penalties and ongoing obligations. The filing details: “The order imposes disgorgement of $3.7 million, requires Singh to continue cooperating with the Commission, and imposes a five-year trading ban…

Pundit Reveals The 5 Phases To Know When The Bleed Has Ended

boss

A market expert has outlined five distinct phases in the Bitcoin (BTC) bear market that could indicate when the leading cryptocurrency has hit a bottom. The analysis concludes that the cryptocurrency could still face additional downward pressure before ultimately reaching its final price floor this year.   The Early Phases Of Bitcoin’s Price Bottom Ardi, a technical analyst on X, has used the market structure and price movements during the 2022 bear market to predict when Bitcoin could reach a price floor in this current bear cycle. In his analysis, he…

Bitcoin Reclaims $69,000 as US-Iran De-escalation Hopes Spark Global Market Rally – Markets and Prices Bitcoin News

boss

Intraday Volatility On Wednesday, April 1, bitcoin twice breached the $69,000 threshold as global markets rallied on the strongest signals yet of a potential diplomatic resolution to the conflict between the United States and Iran. After an early session characterized by choppy consolidation between $67,500 and $68,200, bitcoin ignited a mid-morning rally, hitting an intraday peak of $69,268. The momentum proved fleeting, however, as a wave of profit-taking dragged the asset back below $68,000 by 10 a.m. EST. By 1 p.m. EST, the top cryptocurrency mounted a second offensive, momentarily…

Bitcoin Must Clear $69K For Altcoins and BTC To Resume Bull Market

boss

Key points: Buyers will have to sustain Bitcoin above $69,000 to gain the upper hand in the short term. Select major altcoins may break above their near-term resistance, signaling buying at lower levels. Bitcoin (BTC) is facing resistance at $69,000, but the bulls continue to exert pressure. A minor positive in favor of the bulls is that the US spot BTC exchange-traded funds have recorded $186.9 million in inflows this week, according to Farside Investors data. Is this a good level to buy BTC, or could it fall further? That’s…

Drift Protocol Warns of Potential Cybersecurity Exploit

boss

Drift Protocol, a decentralized cryptocurrency exchange (DEX), detected “unusual” trading activity on the platform on Wednesday, warning users not to deposit funds until the issue has been resolved. The Drift team did not disclose the specific cause of the ongoing incident or the damage in its initial announcement and is currently investigating the issue.  In a subsequent update, the Drift team announced that deposits and withdrawals on the platform have been suspended.  Source: Drift Protocol Blockchain cybersecurity threat researcher Vladimir S said the exploit was likely due to a crypto…