Tag: Slashes

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Bitcoin Miner Cango Sells $143 Million in BTC, Slashes Production Costs

In brief Cango reduced its cost to mine Bitcoin to $68,216 per coin in March 2026, down from $84,552 in Q4 2025. The firm said it...

Bitcoin Miner MARA Slashes 15% of Workforce After Selling $1.1 Billion in BTC

In brief Bitcoin miner MARA cut 15% of its workforce amid the firm's shifting focus to AI. The layoffs, reportedly not due to financial constraints, follow...

Binance Slashes VIP Entry Thresholds to Support Global Growth

Binance has revamped its VIP Program to make elite benefits more accessible, introducing the Rising Star tier and significantly lowering entry thresholds. Lower BNB...

Jack Dorsey’s Block slashes 40% of staff in major AI-driven restructuring – DL News

Block cuts 4,000 jobs.CEO Jack Dorsey attributes layoffs to AI.Investors are fearful that AI will ultimately hurt the wider economy.Block, a firm that heavily...

Bitcoin May Rebound to $85K as CME ‘Smart Money’ Slashes Short Bets

Bitcoin (BTC) bottomed after CME futures speculators turned net bullish in April 2025. A similar positioning shift is resurfacing in 2026, raising the odds...

Standard Chartered slashes XRP price target by 65%, expects ‘further declines’ for crypto market – DL News

Standard Chartered drops XRP price forecast.The bank previously predicted the crypto will hit $8 by the end of the year.Standard Chartered has slashed its...

Allica Bank Slashes Commercial Mortgage and Bridging Rates to Take on High Street Banks

Allica Bank, the challenger bank for established businesses, has implemented significant pricing reductions across its commercial mortgage and bridging products, explicitly positioning itself to...