Cango&#8217;s strategic shift to AI computing could diversify revenue streams, 
reduce reliance on volatile crypto markets, and drive tech innovation.
The post Bitcoin miner Cango completes $305 million BTC sale to support its AI 
pivot appeared first on Crypto Briefing.

Bitcoin miner Cango completes $305 million BTC sale to support its AI pivot

What to Know: Bitcoin&#8217;s rejection at $70,000 is driven by a reversal in ETF 
flows, signaling potential institutional profit-taking. The market is seeing a 
‘flight to utility,’ where capital rotates from speculative trading to 
infrastructure solving existential tech threats. BMIC is gaining traction by 
addressing the ‘harvest now, decrypt later’ quantum threat with specialized, 
AI-enhanced wallet security. Presale data shows consistent growth despite 
market volatility, highlighting strong demand for post-quantum cryptographic 
solutions. Bitcoin has once again stumbled at the gates of price discovery, 
slipping decisively below the psychological $70,000 mark. Institutional 
momentum? It&#8217;s faltering. The catalyst appears to be a renewed wave of net 
outflows from U.S. Spot Bitcoin ETFs, a clear signal that the &#8216;Trump trade&#8217; 
euphoria is cooling off amidst macro uncertainty. Data from the past week 
shows major funds (including Fidelity and ARK Invest) seeing withdrawals 
outpace inflows for the first time in nearly a month. That leaves BlackRock’s 
IBIT as a lone, weakening bulwark against the bearish tide. Why does this 
matter? $70,000 isn&#8217;t just a resistance level; it was the validation point for 
the post-halving cycle. The rejection here suggests retail liquidity just 
isn&#8217;t deep enough to absorb institutional profit-taking at these levels. 
Traders watching the flow data know the drill: when ETF flows turn negative, 
it often triggers a cascading leverage flush across derivatives markets. The 
immediate risk is a retest of the mid-$60k support zones, exactly where 
significant liquidation heatmaps are currently clustered. Yet, market 
corrections have a funny way of driving capital toward utility-driven 
infrastructure rather than speculative fluff. While the majors bleed, smart 
money starts hunting for hedges against systemic risks, not just market 
volatility, but technological threats. This rotation is bringing fresh eyes to 
BMIC ($BMIC), a project addressing the looming threat of quantum computing. 
Frankly, it&#8217;s attracting capital even as the broader market retraces. Get your 
$BMIC here. Quantum-Proof Infrastructure Emerges as the Next Hedge While the 
market fixates on daily price candles, a far more dangerous threat looms: the 
&#8216;harvest now, decrypt later&#8217; strategy employed by state-level actors. Hackers 
are currently stockpiling encrypted data (private keys, wallet histories, 
corporate secrets), waiting for quantum computers powerful enough to crack 
current encryption standards. BMIC positions itself as the primary defense 
against this inevitability. It offers a platform combining a wallet, staking, 
and payments stack protected by post-quantum cryptography. The project’s 
architecture goes beyond simple cold storage. By utilizing ERC-4337 Smart 
Accounts and a &#8220;Quantum Meta-Cloud,&#8221; BMIC eliminates the vulnerability of 
public key exposure entirely. Critical infrastructure? Absolutely. Even Ledger 
or Trezor wallets could theoretically be compromised by future quantum 
decryption. BMIC offers a specialized shield for enterprises and high-net- 
worth individuals who can&#8217;t afford to gamble on legacy encryption. Think of it 
as an insurance policy for the digital future. Investors are realizing that 
AI-enhanced threat detection coupled with quantum resistance isn&#8217;t just a 
&#8220;nice-to-have&#8221;—it’s a requirement for the next decade of finance. This 
narrative shift is driving interest toward the project’s ecosystem. It 
facilitates burn-to-compute mechanics and governance, effectively creating a 
closed-loop economy secured against the single biggest existential threat to 
crypto. Explore the BMIC ecosystem. $BMIC Presale Defies Market Gravity With 
Strong Inflows Contrast the current stagnation in Bitcoin ETFs with the 
momentum in the BMIC presale. According to the latest official data, the 
project has already raised over $441K . That figure underscores significant 
early-stage confidence despite the broader market&#8217;s downturn. While Bitcoin 
struggles to maintain support, capital is flowing here at $0.049474 per token, 
an entry point that stands in stark contrast to the saturated valuations of 
top-100 assets. This split in capital flow suggests distinct investor 
behavior. While ETF investors react to macro-policy and interest rates, 
presale participants are betting on fundamental tech shifts. The $BMIC raise 
indicates a growing awareness that standard security protocols are approaching 
obsolescence. Early adopters are securing positions not just for potential 
gains, but to access the &#8216;Zero Public-Key Exposure&#8217; environment the platform 
provides. The presale structure incentivizes early moves before the token hits 
public markets (where price discovery becomes subject to the same volatility 
currently punishing Bitcoin). With the project’s focus on securing the digital 
future through a full finance stack, the current valuation represents a 
potential opportunity for those looking to hedge their portfolio with 
infrastructure that solves a multi-trillion-dollar problem. Check BMIC here. 
Disclaimer: This article is for informational purposes only and does not 
constitute financial advice. Cryptocurrencies are high-risk assets; investors 
should conduct their own due diligence and never invest more than they can 
afford to lose.

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The decisive election victory by Japan’s Liberal Democratic Party sparked 
market optimism Monday morning, briefly driving bitcoin above $72,000. LDP 
Victory Sparks Regional Rally The Japanese Liberal Democratic Party’s decisive 
electoral victory provided a notable tailwind for both digital and traditional 
markets Monday, Feb. 9. Japan’s Nikkei 225 briefly surged past the historic 
57,000 mark […]

Bitcoin’s $72K ‘Fakeout’: $82M Liquidated as Bithumb Faces $40B Error Probe

The Chinese-language guarantee marketplace Xinbi has continued to operate at 
scale despite sustained enforcement efforts targeting illicit crypto 
infrastructure, recording approximately $17.9 billion in total transaction 
volume since mid-2025, according to on-chain analysis from TRM Labs. Data 
shows Xinbi has…

Cryptocurrency price in CLP