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New York, United States, December 8th, 2025, Chainwire $SNMI Pioneers Transaction Bundling Technology to Future-Proof Solana Ecosystem Against Peak Demand Sonami ($SNMI), the first Layer 2 token built on the Solana blockchain, today announced its mission to dramatically enhance network reliability and transaction efficiency during periods of high demand. Sonami’s solution leverages cutting-edge Layer 2 transaction bundling to minimize congestion and support the continued growth of high-frequency decentralized applications (dApps) on Solana. The move addresses a critical scaling challenge: while Solana is celebrated for its speed, the network can experience congestion during moments of high activity, such as meme coin…

DUBAI, UAE, Dec. 8, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced a strategic partnership with an affiliate of Circle Internet Group, Inc. (‘Circle’) (NYSE:CRCL), a global financial technology firm and the issuer of USDC through its regulated entities. The partnership aims to expand USDC access across Bybit’s global ecosystem, strengthen liquidity of the world’s largest regulated stablecoin[1], and reinforce Bybit’s position as a regulatory-compliant platform committed to transparency and trust. As part of this partnership, Bybit will enhance USDC liquidity across spot and derivatives markets, enabling a more efficient trading environment for retail and…

When 34-year-old Jenny M., an XRP holder from Lisbon, watched the market suffer its latest round of volatility, she felt the same anxiety many crypto investors experience. Her portfolio value fluctuated daily, and the unpredictability made budgeting increasingly difficult. After learning about cloud-mining opportunities, she decided to try 8HoursMining—a move she says “changed the way I think about passive income.” Today, Jenny earns a fixed daily return, sometimes reaching over $120 per day, which she says has significantly reduced her financial pressure. She isn’t alone.Carlos Rodriguez, who mainly trades ETH, admits he used to rely on day-trading to cover his…

DALLAS, Dec. 5, 2025 /PRNewswire/ – Cango Inc. (NYSE: CANG) (“Cango” or the “Company”) today published its Bitcoin production and mining operations update for November 2025. Paul Yu, CEO and Director of Cango, commented, “November marked the one-year milestone of our strategic transformation, and it was a month that demonstrated both our progress and our direction. Since expanding our deployed hashrate from 32 EH/s to 50 EH/s earlier this year, we have steadily optimized our operations to achieve average operating hashrate levels of around 90%, and closed the month with 6,959.3 BTC in holdings. We also completed our transition to…

Belize City, Belize, December 8th, 2025, Chainwire As Bitcoin MENA 2025, Solana Breakpoint 2025 and the Global Blockchain Show bring a packed Web3 summit week to the UAE this December, BC.GAME will host Breakpoint Eve: Stay Untamed with BC | MAKING IT RAIN on Wednesday, December 10 at WHITE Abu Dhabi (Yas Bay Waterfront). With sign-ups now exceeding 1,200, the event is shaping up to be one of the largest and most anticipated parties during the peak Bitcoin MENA and Breakpoint window. BC.GAME has been operating for eight years as a crypto entertainment and community platform focused on gaming, sports…

In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,409.32 0.91% had dropped to $88k, from which it has only slightly recovered, trading at today. For now, it looks like SpaceX has just shuffled its BTC around for custody reasons and does not plan to sell them. SpaceX(@SpaceX) transferred out another 1,083 #BTC($99.81M) ~30 mins ago, possibly to Coinbase Prime for custody.https://t.co/zW62EKM2RD pic.twitter.com/MxgPpAFz8v — Lookonchain (@lookonchain) December 5, 2025 However, BTC did fall around the time, just…

Solana tests major monthly support near $135, with technical setups and ETF flows hinting at a possible reversal toward $315. Solana (SOL) is trading near a key monthly support zone, with the price hovering around $132. Over the past week, it has dropped 3%, while daily losses stand at 1%. Consequently, traders are watching this area as it aligns with a long-term ascending channel support level. Testing Long-Term Support on Monthly Chart According to a chart shared by Rose Premium Signals, SOL is now sitting near the lower boundary of its ascending channel on the 1-month timeframe. This zone has…

The number didn’t look dramatic at first glance ($13.5 billion in overnight repos on Dec. 1), but for anyone who watches the Federal Reserve’s plumbing, it was a noticeable spike.These operations rarely break into headlines, yet they drive the liquidity currents that shape everything from bond spreads to equity appetite to the way Bitcoin behaves on a quiet weekend.When an overnight repo suddenly climbs, it tells you something about how easily dollars are moving through the financial system, and Bitcoin, now firmly tied into global risk flows, feels that shift quickly.Graph showing overnight repos from Sep. 1 to Dec. 1,…

Binance’s latest Proof of Reserves reveals a major shift in user positioning, where Bitcoin balances are climbing, while ETH and USDT fall.At the same time, Binance’s stablecoin over-reserves hit six-month highs, strengthening liquidity during ongoing market volatility.Sponsored Bitcoin Accumulation Jumps as User Behavior ShiftsBinance users increased their Bitcoin balances by 4% month-over-month, reaching 617,620 BTC, according to the exchange’s 37th Proof of Reserves snapshot. That’s an addition of 23,768 BTC since November 1.The exchange utilizes Merkle trees and zk-SNARKs to enable users to verify their balances without disclosing personal information. Current reserve ratios include: BTC: 102.11% ETH: 100% USDT: 109.16%…

U.S. President Donald Trump took office early this year, with at least part of his 2024 election victory thanks to voters who took to heart campaign promises about a crypto-friendly administration.So far, the Trump administration has indeed taken decisive pro-crypto steps, including signing an executive order rescinding Biden-era policies, establishing the President’s Working Group on Digital Asset Markets, and prohibiting a U.S. CBDC. The administration also helped push the GENIUS Act — the first major federal crypto law for stablecoin regulation and dropped several enforcement cases tied to crypto firms.Trump also established a strategic bitcoin reserve, though he disappointed some…