Blockchain Press Releases
Portal Announces Mainstream Esports Activation with DOTA2

The next-gen gaming ecosystem launches the first in a series of Esports activations with leading gaming titles
LONDON, March 20, 2024 /PRNewswire/ — Portal, the market leader in next-gen gaming, today announces a global Esports tournament as part of its activation with DOTA2, one of the largest gaming titles in history. The tournament marks a significant stride in Portal’s mission to reshape the competitive gaming arena while establishing itself as the go-to hub for gamers worldwide. The tournament will also feature exclusive ‘Portal Chests’, featuring DOTA2 in-game items that can be redeemed by DOTA2 players. Portal Chests are available solely through Portal and can be purchased in $PORTAL.
Portal is set to host the ‘Portal DOTA2 World Invitationals‘. Running from March 28 to 31, this world-class Esports tournament will span multiple countries and see 8 top-tier Esports teams battle for a substantial prize pool of $100,000 – teams to be announced from Portal’s Twitter shortly. Streamed across all major platforms including YouTube and Twitch, it’s Portal’s first foray into the competitive Esports world – a space where it intends to become a major player in over the coming years.
The prize pool is as follows:
- 1st Place Champion: USD50,000
- 2nd Place: USD25,000
- 3rd Place: USD10,000
- 4th Place: USD7,000
- 5th – 6th Place: USD4,000
- 7th – 8th Place: USD2,500
Esports enthusiasts from around the globe can look forward to thrilling matches and fierce competition. This collaboration marks a significant milestone as Portal becomes one of the first next-gen organizations to enter an Esports activation with a mainstream Esports titan like DOTA2.
The tournament also sees the rollout of ‘Portal Chests’. Each Portal Esports activation will include Portal Chests filled with items from a different gaming IP – the Portal DOTA2 World Invitationals, of course, have DOTA2-themed Chests. For the Portal D2WIs, the Chest takes the form of a digital collectible exclusively on Portal that enables its holders to redeem a range of in-game items. Portal is enhancing Esports viewership and fan experiences through items like the Portal Chest. The Chests are available to viewers and DOTA2 fans exclusively via Portal, and can be purchased in $PORTAL.
Portal is providing gaming fans around the world new ways to connect with the games they love – through Esports, digital collectibles, streaming and more. The Portal DOTA2 World Invitationals is the first in a series of activations bringing next-gen tech to mainstream gaming IPs.
With over 50 million Daily Active Users and $873M in all-time revenue, DOTA2 is a powerhouse in the Esports world, generating nearly $300 million from the DOTA2 Battle Pass between September 1 and January 12, 2022. Its players can earn significant rewards, with the top earning player, Johan “N0tail” Sundstein boasting an impressive $7.1M in total eSports earnings. The titanic success of the popular multiplayer online battle arena (MOBA) game developed by Valve Corporation extends beyond individual players and teams. The game’s massive player base, in-game purchases, and esports events contribute to its overall revenue.
“We’re incredibly excited to announce this landmark activation. We’re entering uncharted territory – a collaboration between a next-gen gaming ecosystem and a mainstream gaming title” said the portal team. “The global reach of DOTA2 ensures that this activation will resonate with players and fans worldwide. We’re excited to be giving DOTA2 players new ways to connect with the game they love – through Esports and much more to come!
For more information, please visit www.portalesports.com
YouTube: https://www.youtube.com/channel/UCr1D0VCpaNJnWX6IgVCY0lw
Twitch: https://www.twitch.tv/portalesportshq
Twitter: https://twitter.com/Portalcoin
Twitter: https://twitter.com/PortalEsportsHQ
About Portal
Portal is the next-gen gaming platform and publisher. Through market-leading tech products and a world-class entertainment network, Portal is redefining the way games and gamers connect.
The Portal Ecosystem is composed of multiple interconnected elements; with 200+ partner games at launch, Portal is solving distribution for good by bringing the best of gaming into one ecosystem.
Follow on X (Twitter) at https://twitter.com/Portalcoin
Esports site: portalesports.com
Site: portalgaming.com
About the Portal DOTA2 World Invitationals
The inaugural Portal DOTA 2 World Invitationals will run from March 28 to 31, in partnership with DOTA2, a top multiplayer online battle arena (MOBA) video game by Valve. This world-class Esports tournament spans multiple countries and will see 8 top-tier Esports teams battle for a substantial prize pool of $100,000. Streamed across all major platforms including YouTube and Twitch, it marks Portal’s first foray into the competitive Esports world – space where it intends to become a major player in over the coming years. This major initial activation featuring Portal Chests will continue the rapid, impressive scale or the Portal brand and ecosystem, and further drive $PORTAL adoption.
Photo – https://mma.prnewswire.com/media/2367204/Thumbnail___Portal_Dota2_World_Invitatiionals.jpg
View original content:https://www.prnewswire.co.uk/news-releases/portal-announces-mainstream-esports-activation-with-dota2-302095132.html
Blockchain Press Releases
Compass Mining Energizes New 30 MW Self-Owned Bitcoin Mining Facility in Iowa

Phase I of state-of-the-art facility now online; construction of remaining capacity to start in Q4
WILMINGTON, Del., April 29, 2025 /PRNewswire/ — Compass Mining (the “Company”), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, today announced the successful energization of Phase I of its new self-owned, state-of-the-art Bitcoin mining facility in Iowa. The first phase, with a 8 megawatts (MW) power capacity, is now fully operational, with construction of the remaining capacity expected to start in Q4.
Located on a 5-acre greenfield site, the new Iowa facility marks a significant step in the Company’s growth strategy, increasing its self-owned infrastructure portfolio. Completely owning and operating a site allows the Company to strengthen control over its operations and offer enhanced flexibility to its customers, who now have the option to select “Iowa 4″ as the deployment location for new machines purchased through Compass Mining’s platform.
“Expanding our self-owned infrastructure is a crucial step in strengthening Compass Mining’s position as a leader in Bitcoin mining hosting,” said Paul Gosker, CEO of Compass Mining. “Owning and operating our own sites gives customers greater operational control while still allowing them to choose from our network of reliable third-party facilities to best meet their individual needs and preferences.”
The Iowa facility builds on Compass Mining’s broader U.S. expansion, following the recent launch of its hydro-cooled Bitcoin mining facility in North Dakota. In 2024 alone, Compass Mining energized nearly 50 MW of new power capacity across sites in Indiana, Iowa, Ohio, Kentucky, Nebraska, and Texas, reinforcing its role as a premier provider of Bitcoin mining hosting solutions.
About Compass Mining
Compass Mining is a customer-first company that provides a platform for individuals and businesses to purchase Bitcoin mining hardware, host machines, build and manage mining facilities, and access a range of ancillary services. With a commitment to exceptional customer support and transparency, Compass Mining sets the benchmark for bitcoin mining hosting. Its mission is to make Bitcoin mining accessible to everyone. To learn more about Compass Mining or to start mining today, visit compassmining.io.
Media Contact
BlocksBridge Consulting
[email protected]
Logo – https://mma.prnewswire.com/media/1957082/Compass_Mining_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/compass-mining-energizes-new-30-mw-self-owned-bitcoin-mining-facility-in-iowa-302440901.html
Blockchain Press Releases
HTX DeepThink: Tariff Shift and Capital Inflows — A Brief Window for Crypto Opportunity

SINGAPORE, April 29, 2025 /PRNewswire/ — HTX DeepThink is dedicated to exploring global macro trends, key economic indicators, and major developments across the crypto industry. In a world where volatility is the norm, HTX DeepThink aims to help readers “Find Order in Chaos.”
This week, Bitcoin surged to $95,000 as President Trump signaled a softer stance on tariffs, boosting market sentiment. However, uncertainty around trade negotiations persists. With critical economic data releases on the horizon, early May may offer a brief but significant liquidity window for crypto markets. In this edition of HTX DeepThink, Chloe (@ChloeTalk1) from HTX Research breaks down the shifting macro landscape and outlines key risks and opportunities for the digital asset space.
Trump’s Second 100 Days Agenda: Delivering on Promises, Catching the Next Wave
In his first 100 days, President Trump swiftly implemented several crypto‐friendly measures, including refining the stablecoin regulatory framework and cutting government spending via DOGE. Next, the White House will focus on finalizing trade agreements and advancing a Russia–Ukraine peace effort, while pushing through the “Big, Beautiful” package—featuring large tax cuts, robust border security measures, and regulatory rollbacks—and securing Senate passage of the FIT21 bill to provide a clear framework for U.S. digital‐asset regulation.
Last Week’s Market Recap: Decoupling and Key Drivers
Last week, crypto markets initially decoupled from U.S. equities, driven by a weakening dollar, increased crypto allocations from traditional firms and financial institutions, rising on‐chain stablecoin issuance, and continued net inflows into Bitcoin ETFs—pushing Bitcoin up to $88,000. Later, softened rhetoric on tariffs from President Trump and Treasury Secretary Bissenet further boosted sentiment. However, while signals of trade progress were encouraging, actual agreements remain months away, and hard‐line tariff hawks within the administration continue to exert significant influence, posing major uncertainty for the outlook.
Key Data Ahead: Short‐ and Medium‐Term Inflection Points
This week’s macro calendar is pivotal.
- April 30 @ 12:30 UTC: U.S. Q1 GDP (expected 0.2–0.4%, down from 2.4%) and Core PCE (month-over-month: ~0.1%)
- May 2 @ 12:30 UTC: April nonfarm payrolls (estimated 130K vs. 228K prior) and unemployment rate (steady at 4.2%)
If the data shows weakening growth but easing inflation, it will bolster mid-year rate-cut expectations and likely lift risk assets such as Bitcoin and Ethereum in tandem. Conversely, if all metrics exceed forecasts, rate-cut hopes may be delayed or rate-hike fears revived, driving Treasury yields and the dollar higher and weighing on the crypto market in the short term.
In extreme cases:
- Negative GDP + job losses → panic sell-off, rebound on easing bets
- Hot inflation + stalled growth → stagflation risks emerge
Fed Holds Steady: The “Self‐Preservation” Behind a Technically Valid Rate Cut
As of now, the Fed’s reserve balances stand at about $3.3 trillion, overnight reverse repos at $94 billion, and the Treasury General Account remains high—conditions that technically allow for a rate cut. Yet in FY 2024, the Fed paid $226.8 billion in interest on reserves and RRP, while earning only $158.8 billion on Treasuries and MBS, resulting in a $77.5 billion net loss. A 0.3 ppt rate cut would reduce annual portfolio income by roughly $20 billion on $6.7 trillion of assets, widening losses and slashing remittances to the U.S. Treasury. To preserve its financial sustainability and political independence, the Fed has chosen to keep rates unchanged.
Liquidity Window & Summer Risks: Timing the Optimal Entry
If this week’s data align with a slowdown, May may offer a brief liquidity window as funds rotate back into crypto. However, once the debt ceiling is raised—likely in June to July—the Treasury will refill its TGA to $50–60 billion via new bond issuance, draining equivalent liquidity from markets. Short‐term rates will rise, and risk assets will come under pressure; historically, Bitcoin and the broader market have fallen about 5%–10% in the weeks following such TGA rebuilds. Investors should therefore capitalize on the early‐May window while hedging for the summer liquidity drain.
Outlook: Stay Disciplined, Follow the Trend
Against a backdrop of intersecting policy catalysts and liquidity shifts, near‐term tactics should focus on key data releases and the May liquidity window, while longer‐term attention centers on FIT21 implementation and continued institutional adoption of BTC and other assets like Solana. The next major uptrend may well arise under these dual tailwinds—seize the opportunity.
*The above content is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product.
About HTX Research
HTX Research is the dedicated research arm of HTX Group, responsible for conducting in-depth analyses, producing comprehensive reports, and delivering expert evaluations across a broad spectrum of topics, including cryptocurrency, blockchain technology, and emerging market trends.
View original content:https://www.prnewswire.co.uk/news-releases/htx-deepthink-tariff-shift-and-capital-inflows–a-brief-window-for-crypto-opportunity-302441115.html
Blockchain Press Releases
Cango Inc. Gains Positive Outlook with Initiation of Coverage by Apollo Insights

SHANGHAI, April 29, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a rapidly expanding leader in Bitcoin mining, announced the initiation of coverage by Apollo Insights, an independent equity research firm.
Apollo Insights initiated coverage on Cango on April 22, 2025, following the release of its equity research report and investment thesis titled “Cango Catapults Into Bitcoin Mining”.
The equity research report highlights include:
- The Company has a market capitalization of $387.1 million
- The 12-month low and high for the Company’s stock is $1.33 and $8.00, respectively.
- Apollo Insights estimates that Cango’s fiscal 2025E revenue and adjusted EBITDA will reach RMB3,913.2 million and RMB665.6 million, respectively
- In fiscal 2026E, revenue and adjusted EBITDA are projected to reach RMB4,644.6 million (an 18.7% year-over-year increase) and RMB1,185.2 million (a 78.1% year-over-year increase), respectively.
- The firm attributes its favorable outlook for Cango to a supportive regulatory environment under the Trump administration and the potential for greater clarity in cryptocurrency regulations.
The initiation of coverage underscores Cango’s remarkable rise in the Bitcoin mining industry in a short time. The Company has developed its mining operation at a lower cost and reduced operational risks through strategic partnerships for acquiring Bitcoin mining equipment. This higher overall operating efficiency ensured the Company generated an average operating hash rate of 30.3 exahash/second (EH/s) in March 2025, placing Cango in joint second for the highest operating hashrate in the month.
The Company’s capital-light model has helped it accumulate holdings of approximately 2,475 Bitcoin as end-March 2025, valued at roughly US$211 million as of April 17, 2025. Cango has not sold any of its Bitcoin holdings yet. Overall, as of March 2025, Cango ranks as the fifth-largest Bitcoin mining player by deployed hashrate, achieving 32 EH/s in just four months. The report projects that its deployed hashrate will reach 42 EH/s by the end of FY25E.
Since entering the Bitcoin mining industry in November 2024, Cango has expanded its global footprint across strategic regions. Its mining operations now span the U.S. (38%), East Africa (37%), Oman (15%), Paraguay (9%), and Canada (1%).
Click here to view Apollo Insights’ full equity research report and investment thesis on Cango.
About Cango Inc.
Cango Inc. (NYSE: CANG) primarily operates a leading Bitcoin mining business. Cango has deployed its mining operation across strategic locations including North America, Middle East, South America, and East Africa. Cango expanded into the crypto assets market in November 2024, driven by the development in blockchain technology, increasing prevalence of crypto assets and its endeavor to diversify its business. Meanwhile, Cango has continued to operate the automotive transaction service in China since 2010, aiming to make car purchases simple and enjoyable. For more information, please visit: www.cangoonline.com.
Media Contact
Juliet Ye
Cango Inc.
Tel: +86 21 3183 5088 ext.5581
Email: [email protected]
Logo – https://mma.prnewswire.com/media/2675436/CANG_LOGO_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/cango-inc-gains-positive-outlook-with-initiation-of-coverage-by-apollo-insights-302440922.html
-
Blockchain6 days ago
Blocks & Headlines: Today in Blockchain – April 23, 2025 – EDPB, Binance, MicroCloud, Nile Coin, TruaBroker
-
Blockchain5 days ago
Blocks & Headlines: Today in Blockchain – April 24, 2025 (Decrypt, CoinDesk, Cointelegraph, 80 Level, UNDP/BGA)
-
Blockchain5 days ago
Blaqclouds Board Approves 30-Day Revenue Acceleration and Ecosystem Monetization Plan
-
Blockchain4 days ago
Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation
-
Blockchain7 days ago
Blocks & Headlines: Today in Blockchain – April 22, 2025 (Activity‑Weighted Consensus, Pectra Upgrade, Yoki Legacy, Verae–Evercycle, Earth Day)
-
Blockchain Press Releases5 days ago
10% Rebate: Bybit Card Introduces USDC Cashback
-
Blockchain Press Releases4 days ago
Bybit Exchange Gold & FX Trading Hits All-Time-High As Gold Prices Soar
-
Blockchain Press Releases6 days ago
Compass Mining Partners with NiceHash to Provide Discounted Pool Fees to Customers