On Dec 02, 2025, 10:51 AM(UTC). According to Binance Market Data, BNB has crossed the 840 USDT benchmark and is now trading at 840.119995 USDT, with a narrowed 1.54% increase in 24 hours.

According to ChainCatcher, U.S. President Donald Trump is scheduled to lead a Cabinet meeting at 11:30 a.m. Eastern Time on Tuesday (0:30 a.m. the following day UTC+8). He is also set to make an announcement at 2:00 p.m. Eastern Time (3:00 a.m. the following day UTC+8).

According to BlockBeats, Cango reported a total revenue of $225 million in the third quarter of 2025, marking a 60.6% increase from the previous quarter. The company achieved an operating profit of $43.5 million and a net profit of $37.32 million, representing a significant turnaround from losses in the same period last year. Marking its one-year milestone as a strategic Bitcoin mining company, Cango's global computing power reached 50 EH/s, placing it among the industry's leading ranks. In the third quarter, the company produced 1,930.8 Bitcoins, a 37.5% increase from the previous quarter, with an average daily production of 21 Bitcoins. The total cost per Bitcoin was $99,383. Through equipment upgrades, including the introduction of the T21/S21 series and the acquisition of a 50 MW mining facility in Georgia, the efficiency of its computing power exceeded 90%. By October, operational computing power further increased to 46.09 EH/s. In the realm of AI computing power, Cango has outlined a long-term strategy focused on a "green energy-driven global distributed AI computing network." Leveraging its distributed operations experience and global energy layout, the company aims to create a standardized GPU computing resource pool, catering to the differentiated needs of small and medium-sized enterprises. Additionally, Cango has initiated new energy pilot projects in Oman and Indonesia, with implementation expected within 1-2 years.

According to the announcement from Binance, the integration of Goplus Security (GPS) on the BNB Smart Chain (BSC) network has been successfully completed. This development allows users to conduct deposits and withdrawals seamlessly on the platform. The integration aims to enhance the security and efficiency of transactions within the BSC network, providing users with a more robust experience. Binance emphasizes the importance of using the original English version of the announcement for the most accurate information, as there may be discrepancies in translated versions. This integration marks a significant step in expanding the functionality and reach of Goplus Security within the Binance platform, offering users more options for managing their digital assets. The announcement does not specify any regional restrictions, but users are advised to check the availability of these services in their respective regions.

According to BlockBeats, a strong investment culture is emerging within the U.S. military, with personnel increasingly engaging in investments ranging from tech stocks to cryptocurrencies. This trend is notably transforming the financial status of military members, as evidenced by the growing presence of luxury vehicles like Porsches and Hummers in military base parking lots. Social media influencers in uniform are also sharing wealth-building strategies with their followers. However, this phenomenon carries significant market risks. Concerns have been raised about the financial stability of military personnel who adopt high-leverage and concentrated investment strategies, particularly in the event of a market downturn. The article highlights several cases illustrating the high-risk nature of military investments. One example is Coast Guard Petty Officer Third Class Bryson Saunders, who was inspired by colleagues boasting about profits from Dogecoin. He subsequently invested in Bitcoin and meme stocks like GameStop, driven by the desire for quick wealth. Navy Lieutenant Commander Zach Rodriguez, influenced by peers while cruising the Pacific on an aircraft carrier, invested half of his family's savings, over $100,000, into cryptocurrencies like Chainlink. He experienced both significant asset appreciation and a painful loss of $250,000 due to a crypto scam. Currently, he identifies as a "bitcoin and chill" investor, holding approximately $1 million in Bitcoin and related company assets. The article also analyzes IRS data, revealing that the U.S. military played a significant role in the cryptocurrency market cycle from 2020 to 2021. In 2021, 11 out of the top 25 U.S. postal code areas with the highest proportion of individual income tax filings reporting cryptocurrency transactions were located near military bases. The participation rate of taxpayers from some military bases was more than four times the national average.

According to BlockBeats, Tom Lee expressed optimism on CNBC's 'Squawk Box,' suggesting that the S&P 500 is set for a year-end rally, with targets of 7200-7300 points being achievable in December. Lee emphasized his bullish stance, stating that traders are overlooking key factors such as liquidity, capitulation selling, and timing windows. Lee highlighted that the end of quantitative tightening (QT) is a significant tailwind for the market. With the Federal Reserve preparing to cut interest rates this month and halting balance sheet tightening after nearly three years, he anticipates a substantial increase in liquidity. In private meetings, Lee noted that institutional sentiment has collapsed, with many fund managers conceding defeat and hoping to hold out until January. However, if December sees strong market performance, Lee predicts a rush to buy in order to avoid career risks associated with underperformance. This behavior, known as 'performance chasing,' could lead to significant surges in broad market ETFs.

According to Foresight News, Lookonchain has reported that the trader known as pension-usdt.eth has changed their trading strategy after closing a profitable short position on Ethereum (ETH). The trader secured a profit of $910,000 from the short position and has now transitioned to a long position. They have opened a leveraged long position of 20,000 ETH, utilizing a 2x leverage, which is valued at approximately $56 million.

According to the announcement from Binance, a new content creation campaign is set to coincide with the upcoming The Big Debate: Bitcoin VS Tokenized Gold at Binance Blockchain Week (BBW) 2025. This initiative offers participants the opportunity to share in a prize pool of 1,000 USDC by engaging in discussions around the debate. The activity period is scheduled from 2025-12-02 06:00 (UTC) to 2025-12-05 06:00 (UTC). Participants are invited to create at least one post on Binance Square, expressing their views on the Bitcoin versus Tokenized Gold debate. To qualify for rewards, posts must include the hashtags #BinanceBlockchainWeek and #BTCvsGold and contain a minimum of 100 characters. A tip for participants is to include a screenshot or screen clip of a favorite moment from the livestream. The rewards structure is designed to recognize the top 10 unique users whose posts garner the highest engagement, including likes, comments, shares, and reposts. Each of these users will receive 100 USDC in token vouchers. While users can submit multiple posts during the activity period, they are eligible for rewards only once. Token vouchers will be distributed within 21 working days after the activity concludes. Users can redeem their rewards via the Profile > Rewards Hub section on Binance. It is important to note that all token voucher rewards will expire 14 days after distribution, and eligible users must claim their vouchers before this expiration date. Binance reserves the right to disqualify participants who violate the Binance Square Community Management Guidelines or engage in prohibited activities. The company also retains the right to amend the terms and conditions of the activity at its discretion.

الرئيس البولندي استخدم حق النقض ضد مشروع قانون شامل لتنظيم العملات المشفرة، محذرًا من أنه سيخنق الابتكار ويهدّد الحريات مما أشعل مواجهة سياسية حادة داخل الحكومة. source: https://ar.cointelegraph.com/news/poland-president-veto-crypto-bill-political-clash?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

According to Foresight News, Tesla and SpaceX CEO Elon Musk has reignited discussions about Bitcoin, describing it as an energy-based, physics-grounded fundamental currency. In a recent podcast conversation with Nikhil Kamath, Musk emphasized the close connection between Bitcoin's value and real-world energy consumption, highlighting the differences between digital assets and traditional fiat currencies. "Energy is the real currency," Musk stated. "That's why I say Bitcoin is energy-based. Energy cannot be obtained through legislation. You can't suddenly have a lot of energy just by passing a law." Musk drew attention to the challenges of producing and utilizing energy, linking it to Bitcoin's "proof-of-work" system, which requires significant computational power and electricity to maintain network security. He also mentioned the Kardashev scale, a method of measuring a civilization's energy consumption level, as a perspective for understanding societal progress. He believes that evaluating a civilization's development through its ability to generate and manage energy aligns with Bitcoin's design principles, where value is supported by scarcity and computational input. Looking further into the future, Musk suggested that advancements in artificial intelligence and robotics might render currency unnecessary. "In a future where anyone can have anything, I think you no longer need currency as a database for labor allocation," he said, referencing Iain M. Banks' 'Culture' series novels, which depict a post-scarcity era where super-intelligent machines manage resources without a monetary system. Musk also highlighted Bitcoin's unique attributes. Unlike fiat currencies that governments can print at will, Bitcoin's "proof-of-work" system ties its creation process to energy and computational power, granting it inherent scarcity and relative independence from political influence. "Governments can print money, but they can't print energy," Musk remarked. Despite Musk's vision of a future where energy becomes a more fundamental measure of value, he acknowledged that traditional currencies still dominate today's world. National currencies continue to lead commerce, wages, and savings, while cryptocurrencies like Bitcoin primarily exist as alternative assets rather than substitutes for everyday transactions. Musk's comments serve as a reminder of the philosophical foundation behind Bitcoin, which is closely linked to physics and energy rather than relying on policy and government control. Earlier today, Bitcoin's price fell 8% in early Monday trading to the mid-$84,000 level, continuing a two-month decline. Since reaching an all-time high in October, its value has decreased by over 30%. This drop occurred after Bitcoin briefly rose above $92,500 last week, following a dip to around $81,000 in November.

Alex Svanevik, CEO of Nansen, launched a Solana memecoin named IQ, which soared to a $6 million market cap before falling to around $1 million. The ease of creating memecoins through platforms like MakeNowMeme and Pump.Fun has led to many scams, emphasising the need for cautious investment.

Neiro is a memecoin inspired by a rescue dog and launched on both Solana and Ethereum. The Solana-based Neiro faced suspicions of a rug pull after its developer made $2.85 million, while the Ethereum version has seen rapid growth but also raised concerns about insider control.