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BEIJING, Dec. 2, 2025 /PRNewswire/ — Token Cat Limited (Nasdaq: TC, the “Company”) today announced that its Board of Directors has formally approved a Crypto Asset Investment Policy (the “Policy”), authorizing the Company to allocate a portion of its cash reserves into selected crypto assets under a disciplined risk-management framework. After careful evaluation, the Company decided to proceed with this Policy. Earlier, it appointed Sav Persico, with thirty years of crypto and blockchain experience, as Chief Operating Officer to lead its implementation. Guangsheng Liu, Chief Executive Officer of Token Cat Limited, stated:”The Policy is an important step in strengthening our…

DALLAS, Dec. 2, 2025 /PRNewswire/ — On December 1, Cango Inc. (NYSE: CANG) (“Cango” or the “Company”) announced its unaudited financial results for the third quarter ended September 30, 2025. Third Quarter 2025 Financial and Operational Highlights Total revenues were US$224.6 million in the third quarter of 2025, an increase of 60.6% compared with the second quarter of 2025. Revenue from the bitcoin mining business in the third quarter of 2025 was US$220.9 million. Operating income was US$43.5 million and net income was US$37.3 million over the period. Adjusted EBITDA for the third quarter of 2025 was US$80.1 million. Average operating hashrate…

BELIZE City, Belize, December 2nd, 2025, Chainwire Crypto Fight Night (CFN) has confirmed a partnership with BC.GAME, which will serve as the event’s Exclusive Gaming Partner for the 2025 edition. A dedicated Crypto Fight Night section is now live on the BC.GAME homepage with official pre-fight betting markets for the full card ahead of fight night on December 5. One of the most anticipated nights on the crypto fight calendar is just around the corner. On December 5, 2025, Crypto Fight Night (CFN) will team up with crypto-native online brand BC.GAME, which has been appointed as the event’s Exclusive Gaming…

The crypto market reeled on Monday after a sell-off that occurred minutes after CME’s bitcoin BTC$85,818.62 futures markets opened. The CoinDesk 20 (CD20) Index is down by 5.98% in the past 24 hours as a result.The jitters can be attributed to crypto’s low liquidity trading environment that still hasn’t recovered from October’s $19 billion liquidation cascade.Macro news in Japan also played a part as Bank of Japan Governor Kazuo Ueda made comments hinting at an interest-rate increase this month, a suggestion that lifted Japan’s 30-, 10- and 2-year government bond yields to levels not seen since 2008.The potential move to raise…

What to Know: Strategy’s willingness to keep Bitcoin sales ‘on the table’ reflects a broader shift toward tactical, actively managed $BTC exposure without abandoning long-term conviction. As Bitcoin’s base layer remains constrained by low throughput and high, cyclical fees, traders increasingly look to Layer 2 infrastructure as leveraged expressions of $BTC upside. Bitcoin Hyper targets Bitcoin’s speed and programmability gap with an SVM-powered Layer 2 that aims for Solana-level performance while settling to Bitcoin. When you see a long-term Bitcoin accumulator suddenly flashing ‘green dots’ instead of just quietly stacking sats, you aren’t just watching a trade, you’re watching a…

Sony Bank plans to issue a stablecoin in the U.S. as early as the fiscal year 2026, the Nikkei reported on Monday.The online banking arm of Sony Financial Group, which was spun out of the electronics giant this year, envisages the USD-pegged stablecoin being used to pay for games and anime, according to the report. Customers largely use credit cards to complete such transactions at present, so Sony may look to promote stablecoin payments through the lower fees they enable.Sony Bank applied for a banking license in the U.S. in October and plans to establish a subsidiary to handle the…

HashKey Holdings, the parent company of one of Hong Kong’s biggest licensed crypto exchanges, moved a step closer to a public listing, according to new filings from the Hong Kong Stock Exchange (HKEX).On Monday, the HKEX published a 633-page post-hearing information pack for HashKey Holdings. The document was published at the request of The Stock Exchange of Hong Kong Limited and the local financial regulator, the Securities and Futures Commission (SFC).A post-hearing information pack is only published after HKEX’s listing committee formally clears an applicant at the listing hearing. In other words, without explicitly stating it, this document indicates that…

Cryptocurrency investment products snapped a four-week losing streak, drawing about $1 billion in fresh money after four consecutive weeks of losses totaling $5.5 billion.Crypto exchange-traded products (ETPs) recorded $1.07 billion of inflows last week, their first week of gains since late October, according to the European crypto asset manager CoinShares.James Butterfill, CoinShares’ head of research, attributed the rebound to optimism over a potential US interest rate cut, following remarks from Federal Open Market Committee (FOMC) member John Williams.“The turnaround in sentiment follows FOMC member John Williams comments stating monetary policy remains restrictive, raising hopes for an interest rate cut this…

Jay Yarow, a veteran of CNBC and Business Insider, was named President of CoinDesk Insights, the media and events division of digital asset platform Bullish, as the parent company looks to solidify and expand CoinDesk’s position in the crypto media and events business.Yarow, who spent the last nine years at CNBC, played a key role as senior vice president and executive editor in building out the network’s digital business. He helped launch direct-to-consumer services like CNBC Pro and the CNBC Investing Club, while also leading the creation of CNBC Select, an affiliate content arm, Bullish said in a press release…

Prediction markets Polymarket and Kalshi view Kevin Hassett, US President Donald Trump’s National Economic Council director, as the favorite to replace Jerome Powell as the next Federal Reserve chair. The odds of Hassett filling the seat have spiked to 66% on Polymarket and 74% on Kalshi at the time of writing. Hassett is widely viewed as crypto‑friendly thanks to his past role on Coinbase’s advisory council, a disclosed seven‑figure stake in the exchange and his leadership of the White House digital asset working group.​Founder and CEO of Wyoming-based Custodia Bank, and a prominent advocate for crypto-friendly regulations, Caitlin Long, commented…