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Cangu Company is undergoing a business transformation and will focus on crypto mining. It has acquired equipment with a computing power of 32Eh/s and plans to raise $144 million to acquire more computing power. After completion, the company will become the largest mining company in the United States, with a potential market capitalization of up to $5.5 billion and significant growth potential, but short-term fluctuations should be noted.

The Rise of NFT: A Breakthrough of Blockchain Technology In the field of Blockchain, there is always a hot keyword each year that represents the main trend of that year. In 2017, it was ICO, which sparked a major bull market; in 2019, it was IEO, becoming the focus of exchanges; in 2020, it was DeFi, with liquidity mining attracting a lot of attention. And in 2021, the undoubted annual keyword is NFT. The popularity of NFTs can be seen from the following example: A limited edition pair of socks released in 2019, (UNISOCKS), initially priced at $12, has soared to $160,000 by 2021. A rainbow cat GIF meme from ten years ago was made into an NFT and auctioned for $580,000. Twitter CEO Jack's first tweet was made into an NFT auction, with bids reaching as high as $2.5 million. NBA Top

1. Market Overview I.1 Cryptocurrency Market Fundamentals In 2024, the total market capitalization of the cryptocurrency market increased from $2.31 trillion to $3.33 trillion, a rise of 44.2%. This growth is attributed to key events such as the approval of spot Bitcoin ETFs and Trump's election victory. Bitcoin's dominance rose to 56.8%, mainly due to the doubling of ETF asset sizes. The performance of Ethereum ETFs was relatively flat, with a clear preference for Bitcoin among institutions. Solana performed brightly, with a price increase of 29.3% and a net inflow of $2 billion into its ecosystem. The DeFi market share has expanded, with the total locked value doubling. The ratio of DEX to CEX trading volume has increased to 11.05%, with an annual trading volume reaching $2.67 trillion. Solana and Base in DeFi.

SOMEONE VANDALIZED THE SATOSHI STATUE IN LUGANO SWITZERLAND

A certain public chain has successfully deployed the tokenization special purpose fund $SPCX of SpaceX, providing investors with the opportunity to indirectly hold equity in SpaceX. The fund is priced at $220 and has entered the on-chain trading phase. The person in charge emphasized that this will enhance the on-chain liquidity of quality assets and promote financial compliance and scaled development.