Why is Virtuals Protocol Price Rising? Can it Reach $5 in Q2 2025?

GoMining has introduced a competitive gaming league that ties real-world Bitcoin mining to clan-based competition. 

According to the project’s claims, Miner Wars now hosts more than 245,000 active Bitcoin miners and distributes a prize pool of 1 BTC every day. 

Gamifying Bitcoin Mining 

The new league builds on GoMining’s global infrastructure, which includes nine data centers and a combined capacity of 7.5 M TH/s. The game leverages established connections with leading US mining providers without relying on third-party facilities.

At its core, Miner Wars uses digital miners—tradeable NFTs that represent a share of GoMining’s industrial-scale hardware. 

Purchasing a digital miner allows users to commit terahashes to GoMining’s pools and receive proportional rewards when the network mines a new block. 

Those same NFTs serve as entry keys for Miner Wars rounds, which run 120–150 times daily. Each round mirrors Bitcoin’s block-creation protocol. When a new block appears on the blockchain, its hash determines the winning clan.

“Positioned at the intersection of digital mining and GameFi, Miner Wars has found a welcoming niche with a loyal and stable audience. It serves as a cross-platform gateway for the mining newcomers,” Mark Zalan, CEO of GoMining, told BeInCrypto. 

Clans that commit more terahashes have higher odds of securing the day’s Bitcoin reward, while in-game purchases and boosts add GOMINING token rewards and tactical variety. 

The GOMINING token was launched in 2022 as GMT, but later rebranded in 2023. After the new ‘clan league’ feature announcement today, GOMINING went up nearly 10%. Its daily trading volume also surged by nearly 35%, according to CoinMarketCap. 

Since its launch in September 2024, the game has attracted over 165,000 unique players and generated more than $58,000 in in-game purchases. 

Can Gamification Make Mining More Accessible? 

Crypto mining has always been a challenge for non-sophisticated and non-technical individuals. It’s always seen as a niche reserved for a specific community. 

However, gamifying Bitcoin mining transforms passive operations into interactive experiences that boost engagement and broaden participation.

Gamified platforms can decentralize mining by attracting diverse participants and encouraging broader hash-power distribution. They also serve educational purposes, teaching newcomers about mining economics and network dynamics through hands-on competition. 

As Web3 games are booming and attracting investor attention, gamification can democratize access to mining returns. 

The post GoMining is Turning Bitcoin Mining into League-based Competitive Gaming appeared first on BeInCrypto.

Ethena Labs is officially closing its German branch and EU operations after a previous MiCA application rejection. For the past month, the firm has been preparing to withdraw from this market.

Although the exit was anticipated, ENA reacted notably, with the altcoin falling over 7% after today’s announcement.

Ethena Labs Failed MiCA Effort

Ethena Labs has been facing continued regulatory difficulties in Europe. In late March, German authorities rejected Ethena’s application for MiCA compliance.

At the time, the firm suggested that this was a minor setback and that it would focus on other markets. Today, it announced that its German branch is winding down altogether.

“We have agreed with BaFin to wind down all activities of Ethena GmbH and will no longer be pursuing the MiCAR authorization in Germany. All whitelisted… users previously interacting with Ethena GmbH have at their request been onboarded with Ethena (BVI) Limited instead. As a result, Ethena GmbH no longer has any direct customers,” it claimed.

The statement further claimed that Ethena GmbH, the German branch, “has not conducted any mint or redeem activity” since the regulators’ MiCA ruling.

Specifically, regulators banned all sales of the USDe stablecoin, putting serious restrictions on the firm. In other words, this outcome is fairly expected. Ethena (BVI) Limited has taken over the German branch’s users.

The network’s governance token, ENA, has seen notable price swings around its MiCA efforts. In Early March, when Ethena Labs was reportedly on track to receive regulatory approval, ENA broke out of multi-month lows and nearly reached $2.5 billion in mark cap.

However, since the rejection, ENA saw continued bearish pressure, which was exacerbated by the macroeconomic conditions across the market. Today’s announcement drove further decline.

MiCA, the European Union’s new stablecoin regulations, have presented difficulties for several firms besides Ethena. For example, Tether’s stablecoins were delisted from EU exchanges when MiCA took effect, prompting serious changes to its business.

Several other issuers have been racing to fill the gap left by these firms by achieving compliance. Most recently, major centralized exchanges such as Crypto.com and OKX have achieved the license, further strengthening their grasp over the EU market.

The post Ethena Labs Leaves EU Market Over MiCA Compliance Issues appeared first on BeInCrypto.

The old financial market adage “Sell in May and go away” has long been a guiding principle for investors looking to avoid potential summer volatility. However, some analysis suggests that this adage may not hold true for Bitcoin in the coming month.

Several arguments indicate significant differences in the market landscape for 2025. These factors suggest that May could see price increases instead of decreases.

4 Reasons Why Selling in May Could Be a Big Mistake in 2025

Many analysts recently emphasized a key reason: Bitcoin now aligns closely with the global M2 money supply.

M2 measures the amount of money circulating in the economy. It includes cash, savings deposits, and highly liquid assets. Historically, M2 has shown a strong correlation with Bitcoin prices. When central banks such as the FED, ECB, or PBoC increase the money supply, Bitcoin tends to rise.

Kaduna shared a chart that confirms this trend will continue in 2025. According to this pattern, May could be a breakout month for Bitcoin. While not all analysts agree with this view, investors are increasingly accepting it, creating positive sentiment in the market.

“Sell in May and go away would be a huge mistake,” Kaduna emphasized.

Second, historical data backs up Kaduna’s outlook. According to Coinglass, Bitcoin has delivered an average return of over 7.9% in May over the past 12 years. Although financial markets often experience turbulence in summer, Bitcoin doesn’t always follow that pattern.

Instead, May often shows positive performance. It’s not the strongest month, but it outperforms June and September. One investor on X observed that since 2010, Bitcoin has seen nine green Mays and six red ones.

The original proverb comes from the stock market, where historical data shows it works better for equities, not necessarily for crypto.

Another major point supporting Kaduna’s thesis is the surge in inflows into Bitcoin ETFs. BeInCrypto recently reported that spot Bitcoin ETFs attracted fresh investor demand on Monday. They recorded net inflows of $591.29 million and extended their winning streak to seven consecutive days.

Notably, BlackRock’s iShares Bitcoin Trust (IBIT) led the way. It recorded the largest inflow among its peers, attracting $970.93 million in one day, bringing its total accumulated net inflows to $42.17 billion.

This increase reflects growing investor confidence and long-term optimism for Bitcoin in 2025. That sentiment may well carry into May, giving further upward momentum to Bitcoin’s price.

Finally, Bitcoin is clearly decoupling from the S&P 500, which historically has signaled large price surges.

Investor arndxt noted this divergence. BeInCrypto also reported a growing disconnect between Bitcoin and the NASDAQ index. Bullish analysts interpret this as a sign that Bitcoin behaves more like an independent asset, less tied to traditional markets.

“The old ‘Sell in May and go away’ mantra doesn’t apply the same way for crypto, liquidity pressures are easing, and this time, May could mark the beginning of an acceleration, not a pause.” – arndxt predicted.

Strong support from M2 correlation, positive May performance in Bitcoin’s history, large ETF inflows, and decoupling from traditional indexes suggest that selling Bitcoin in May 2025 could be a serious mistake.

However, investors should remain cautious. Key data from the Fed, such as CPI, interest rates, and updates on trade tensions, could still introduce uncertainty into May’s outlook.

The post Why “Sell in May” Could Be a Huge Mistake in 2025, Analyst Reveals appeared first on BeInCrypto.