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bitcoinist.com DeFi Development & a16z Pour Millions Into SOL – SNORT Presale Ends in 3 Days Before Solana Bot Debut

Quick Facts: 1️⃣ A big week for Solana as a16z pours $50M into staking firm Jito and DeFi Development Corp scoops up 86K SOL worth $9.5M. 2️⃣ Collectively, Solana treasury firms now hold about 13.5M SOL valued at roughly $2.3B, marking a 466% rise year-to-date. 3️⃣Snorter Token is gearing up to launch its trading bot […]

blockonomi.com BYD (BYDDF) Stock: China’s EV Leader Faces Largest Recall as Quality Questions Mount

TLDR BYD announced its largest-ever recall of over 115,000 vehicles due to design faults and battery safety risks, causing stock to drop nearly 4.5% in Hong Kong trading The recall includes 44,535 Tang series SUVs (2015-2017) with design issues and 71,248 Yuan Pro EVs (2021-2022) with battery installation problems that could raise fire risks This [...] The post BYD (BYDDF) Stock: China’s EV Leader Faces Largest Recall as Quality Questions Mount appeared first on Blockonomi.

blockonomi.com ADA Whales Dump Heavy Bags While Analysts Predict a Fresh Impulse

TLDR: ADA whales sold around $350M in a single move, sending Cardano’s price down nearly 9% in 24 hours. Cardano dropped 24% this week, with $1.9B in daily volume showing traders remain active despite pressure. Technical traders like Matthew Dixon see a completed 5-wave impulse, hinting a new bullish leg may form. The recent whale [...] The post ADA Whales Dump Heavy Bags While Analysts Predict a Fresh Impulse appeared first on Blockonomi.

blockonomi.com Praxis Precision Medicines (PRAX) Stock Soars as Tremor Drug Clears Key Clinical Milestone

TLDR TD Cowen raised Praxis Precision Medicines price target from $61 to $251, maintaining a Buy rating after strong Phase 3 results Ulixacaltamide HCl met primary endpoints in both essential tremor studies, showing improved daily living activities and maintained treatment effects The stock has jumped over 92% in the past six months and surged 183.71% [...] The post Praxis Precision Medicines (PRAX) Stock Soars as Tremor Drug Clears Key Clinical Milestone appeared first on Blockonomi.

blockonomi.com Inside Avalon X’s Top RWA Presale: How Tokenization and Tangible Assets Are Building Trust in the Crypto Market

The 2025 landscape for crypto presales continues to evolve as real-world asset (RWA) projects redefine how investors view tokenized ownership. Among these, Avalon X has positioned itself as one of the best crypto presales, merging blockchain precision with tangible asset value. The growing interest in presale crypto projects reflects a broader shift toward transparency and [...] The post Inside Avalon X’s Top RWA Presale: How Tokenization and Tangible Assets Are Building Trust in the Crypto Market appeared first on Blockonomi.

bitcoinist.com Ethereum Investor SharpLink Raises $76.5M At Market Premium – More ETH Purchases Ahead?

One of the largest publicly-traded Ethereum (ETH) treasury firms, SharpLink Gaming, today announced that it had raised $76.5 million in a direct stock offering at a price above market rate. A portion of the proceeds is likely to be used to buy more ETH. SharpLink Raises $76.5 Million To Buy More Ethereum According to an […]

blockonomi.com Micron Technology Exits China Data Center Chip Market After 2023 Ban

TLDR Micron Technology will stop supplying server chips to data centers in China following a 2023 government ban on its products in critical infrastructure The company will continue selling to two Chinese customers with data center operations outside China, including Lenovo Micron will maintain sales to Chinese auto and mobile phone sectors, with China representing [...] The post Micron Technology Exits China Data Center Chip Market After 2023 Ban appeared first on Blockonomi.