Category: Blockchain Technology
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China’s Economic Slowdown Deepens in July 2026 Amid Persistent Domestic Demand Weakness
China’s economic momentum decelerated further in July 2026, with key indicators pointing to persistent weakness in domestic demand, slower factory growth, softer consumer spending, declining investment, and a deepening crisis in the property sector. Industrial output, a critical gauge of manufacturing activity, expanded by 4.5% year-over-year, falling short of June’s 5.3% increase and missing economists’…
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Jiang Zhuoer’s Pivotal Market Reversal Signals Potential End to Crypto Bear Market
Prominent Chinese mining veteran Jiang Zhuoer, founder of the influential BTC.TOP mining pool, has dramatically reversed his long-standing bearish forecast for 2026, now expressing a remarkable 90% confidence that the cryptocurrency bear market has concluded. This significant shift in outlook, driven by the market’s robust rebound, places Ethereum (ETH) at the forefront of his revised…
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BitMart Users Face Prolonged Uncertainty as Exchange Pursues Restructuring Amid Withdrawal Freeze
The cryptocurrency exchange BitMart has announced a significant pivot in its strategy, moving away from a potential full wind-down towards exploring a restructuring plan, a development that brings a cautious glimmer of hope for users with frozen funds but fails to address the immediate and pressing demand for reinstated withdrawals. This latest update, issued as…
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User Just Got $58,000 Back From BitMart While Thousands Are Still Waiting
The cryptocurrency exchange BitMart, which recently announced its phased wind-down, has seen a singular user’s two-week-long wait for a $58,000 withdrawal finally resolve, a development that, while seemingly positive, paradoxically underscores the profound anxieties and systemic issues plaguing the platform and its user base. This isolated "victory" arrives against a backdrop of widespread reports detailing…
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Poolin’s Bitcoin Mining Operations Head Towards Court-Supervised Auction Amid $173 Million Creditor Claims
The bankruptcy proceedings for Poolin, once a prominent global Bitcoin mining pool, are rapidly progressing towards a court-supervised auction of its remaining Bitcoin mining operations and associated assets. This pivotal event, slated for next month, marks a critical phase in the company’s Chapter 11 reorganization, which seeks to liquidate its infrastructure to maximize distributions for…
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