
December 3, 2025
Cango reports a 60% Q3 revenue rise as bitcoin mining output increases and an AI compute roadmap takes shape, signaling a deeper shift toward digital infrastructure.

Bitcoin miners hit record profit squeeze as BTC rebounds to $87K without follow-through
December 3, 2025
BTC bounced back above $87K after a sharp selloff, but analysts flag a record miner profit crunch. Liquidity is back, momentum isn’t—here’s why that mix pressures mining margins.

Bank of America sets 4% crypto ceiling, lifts adviser limits, and plans CIO coverage for four bitcoin ETFs in 2026
December 3, 2025
Bank of America will allow wealth clients up to a 4% crypto allocation, remove adviser limits, and initiate CIO research coverage of four bitcoin ETFs in early 2026.

The Daily: Grayscale predicts new bitcoin highs in 2026, ‘Vanguard effect’ lifts crypto markets, Chainlink ETF debuts, and more
December 3, 2025
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons. ]]>

Cango’s Q3 revenue jumps 60% as bitcoin mining scales and AI compute strategy emerges
Cango reports a 60% Q3 revenue rise as bitcoin mining output increases and an AI compute roadmap takes shape, signaling a deeper shift toward digital infrastructure.

Bitcoin miners hit record profit squeeze as BTC rebounds to $87K without follow-through
BTC bounced back above $87K after a sharp selloff, but analysts flag a record miner profit crunch. Liquidity is back, momentum isn’t—here’s why that mix pressures mining margins.

Bank of America sets 4% crypto ceiling, lifts adviser limits, and plans CIO coverage for four bitcoin ETFs in 2026
Bank of America will allow wealth clients up to a 4% crypto allocation, remove adviser limits, and initiate CIO research coverage of four bitcoin ETFs in early 2026.

The Daily: Grayscale predicts new bitcoin highs in 2026, ‘Vanguard effect’ lifts crypto markets, Chainlink ETF debuts, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons. ]]>

Bitcoin Reclaims $90K as ETF Inflows Return and Shorts Get Squeezed Ahead of FOMC
Bitcoin snaps back above $90K with a 6.7% gain as $157M in shorts are liquidated. ETH nears $3K, XRP hits $2.14. ETFs add $1B last week; Fed repos and the FOMC loom.

Privacy Coins Shed ‘Hedge’ Aura as Zcash, Monero, and Dash Slide with Bitcoin
Zcash (-8.5%), Monero (-5.4%), and Dash (-3.9%) fall as privacy coins track a broad crypto pullback. Analysts point to ETF-driven macro forces and a fading safe‑haven narrative.

Grayscale calls for fresh Bitcoin highs in 2026, rejects rigid 4‑year cycle playbook
Grayscale Research expects Bitcoin to set new highs in 2026, pushing back on fears of a prolonged downturn and challenging the market’s rigid four-year halving cycle narrative.

Bitcoin’s 2025 Endgame: Trading the $83K–$95K Box as the Fed Sets Up a Possible 2026 Push Toward $135K
Analysts expect Bitcoin to chop between $83K–$95K into year-end, with a potential 2026 advance toward $110K–$135K hinging on Fed guidance, QT’s lagged effects, and risk appetite.

Whale buying cools as retail steps in at $86K — a classic late‑cycle setup for Bitcoin
Bitcoin slipped to $86,000 as whale accumulation slowed and retail buying picked up — a pattern analysts often frame as late‑cycle fragility. Here’s what that handoff may imply.

Strategy tops 650,000 BTC after $11.7M buy and unveils $1.44B dividend reserve
Strategy added 130 BTC for $11.7M, lifting holdings to 650,000 BTC—over 3% of bitcoin’s 21M cap and roughly $56B—while creating a $1.44B dividend reserve to formalize cash returns.