Verasity’s VRA bucks market downturn with 45% rally
VRA rallied as high as 45% today, breaking out of a bullish pattern following new partnerships while outpacing a broader market downturn. Verasity (VRA) surged to an intraday high of $0.0032 on May 6 during afternoon Asian trading, pushing its…...
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Gaming ecosystem Treasure Chain shuts down mainnet nearly five months after its launch
TreasureDAO will shut down its ZKsync-based Treasure Chain on May 30, nearly five months after announcing urgent cost-cutting measures and securing temporary emergency powers. TreasureDAO is pulling the plug on Treasure Chain, its own network built on ZKsync’s layer-2 scaling…...
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Riot Platforms unloads 475 BTC in its biggest single-month Bitcoin sale to date
Riot Platforms sold 475 BTC in April, marking the largest single-month BTC liquidation in the company’s history. Riot Platforms, the second largest publicly traded Bitcoin mining firm by market cap, announced Monday that it had sold 475 BTC in April…...
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Uniswap integrates Sony’s layer-2 Soneium to enhance trading experience
Uniswap has added support for Soneium, a new layer-2 blockchain built by Sony Block Solutions and Startale Labs. Uniswap Labs announced the update in a blog post on May 6. The network is now operational on the Uniswap (UNI) wallet…...
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Two Dormant Bitcoin Whales Move $325 Million After A Decade: What’s Going On?
Two Bitcoin (CRYPTO: BTC) investors, dormant for over a decade, moved roughly $325 million worth of the asset on Monday, sparking intrigue in the cryptocurrency community. What Happened: According to on-chain tracker Spot On Chain, the first whale moved 2,343 BTC, worth $222.2 million, to a new wallet after...
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Bitcoin Nears Crucial Golden Cross Signal, But Analyst Warns Of Underlying Weakness – Details
According to a recent X post by noted crypto analyst Titan of Crypto, Bitcoin (BTC) is fast approaching a golden cross formation – a bullish technical indicator that often precedes significant price appreciation. However, other analysts caution that a price correction could be on the horizon for the world’s...
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Corporations Could Add $330B to Bitcoin Treasuries in Next 5 Years: Bernstein
According to recent Bernstein research, corporations could invest up to $330 billion in Bitcoin over the next five years. “We expect around $330 billion corporate treasury-led inflows to Bitcoin by 2029,” the analysts stated. This potential shift suggests Bitcoin is evolving from a speculative asset to a legitimate corporate...
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Bitcoin Developers Plan OP_RETURN Removal in Next Release
The debate over Bitcoin’s OP_RETURN heats up, as developers of Bitcoin Core – the most popular node software – said they plan to scrap OP_RETURN entirely in the next release. The OP_RETURN limit is an 80-byte cap on the amount of arbitrary data that can be embedded in a...
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Ripple’s RLUSD in Focus as Firm Pledges $25M to U.S. Educational Initiatives
Payments firm Ripple has pledged $25 million to support educational initiatives in the U.S., with most of the disbursement in its RLUSD stablecoin. The funds will be distributed throughout 2025. Some $15 million is dedicated to teachers through DonorsChoose, and $10 million will go to Teach For America. The...
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Florida drops Bitcoin reserve plans as HB 487 and SB 550 withdrawn
Florida has become the latest state to drop plans for a Strategic Bitcoin Reserve, shelving two key bills that would have allowed public funds to be invested in Bitcoin. According to the Florida Senate, both of Florida’s Bitcoin reserve bills,…...
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