[ad_1] The Sei Foundation launched a $65 million venture fund, Sapien Capital—Open Science Fund I, to support decentralized science (DeSci) startups on the Sei Network. This initiative aims to revolutionize scientific research by leveraging blockchain technology to enhance transparency, funding, and>Unlike traditional scientific institutions, DeSci shifts control to decentralized communities, ensuring a fairer and more open system for research and innovation. Investment Strategy and Fund Allocation The fund will invest in both tokens and equity of DeSci projects, with investments ranging from $100,000 to $2 million. According to Justin Barlow, Sei Foundation’s head of business development and investments, the full…
Author: NBTC
[ad_1] A recent data shared by top Bloomberg financial analyst James Seyffart showed that the popularity of Bitcoin (BTC) exchange-traded funds (ETFs) has continued to rise. The data showed that there have been new investments of almost $4 billion into these ETFs in eight successive trading days. Updated my Bitcoin ETF Chart pack today on Bloomberg. The ETFs have taken in nearly $4 billion on 8 consecutive days of inflows. Here’s what the cumulative flows have looked like over time: pic.twitter.com/euWt9TGjhA — James Seyffart (@JSeyff) April 30, 2025 This massive inflow of funds is proof of increasing interest in Bitcoin…
[ad_1] Merlin Chain, a popular Bitcoin L2 network, has recently commenced a strategic partnership with Sei Network, a Cosmos-based open-source L1 blockchain. The partnership aims to enhance Bitcoin ($BTC) yield and liquidity-related opportunities for the holders. The platform announced this development on its official social media account. 🧙♂️ Merlin Chain x @SeiNetwork We’re thrilled to announce a strategic collaboration between Sei and @MerlinLayer2 to bring M-BTC to the Sei Network! 💧 By bringing M-BTC to Sei, we’re unlocking expanded yield and liquidity opportunities for Bitcoin holders on both networks.… pic.twitter.com/OEbhfIa6bM — Merlin Chain (@MerlinLayer2) April 29, 2025 Merlin Chain Partners…
[ad_1] Bitcoin (BTC), the top cryptocurrency in the world in terms of market capitalization, is in the correction phase at the moment. After 2021, it has been the most stressful correction phase of Bitcoin ($BTC). The entire crypto community is hopeful that the largest digital currency will soon come out of the correction phase and head to a new bull run. $BTC SMA30D Fear and Greed Index Recovers, Hitting the Level of 40% A cryptocurrency trader has analyzed the current behavior of the king cryptocurrency and has come to the conclusion that the coin has entered into its most stressful…
[ad_1] A huge 12 billion Shiba Inu (SHIB), worth about $160,800, has just been transferred to Bitvavo, one of Europe’s top crypto exchanges. The move, which was tracked using on-chain data from Arkham Intelligence, came from a wallet holding over $1.48 million in crypto – almost all of it in SHIB. Was this just a typical relocation, or was there something else going on? The wallet that got a huge 120 billion SHIB, worth $1.45 million at the time, from a Coinbase Prime account a month ago has now sent out a 10th of that amount. And it was not…
[ad_1] Metaplanet Inc. plans to establish a wholly owned subsidiary in Florida, aiming to raise $250 million to further fuel its Bitcoin treasury strategy. The Tokyo-listed investment firm, which crossed the 5,000 BTC threshold last week, will operate its new entity as Metaplanet Treasury Corp. to expand its access to U.S. institutional investors and bolster 24-hour operations across time zones. “The reason for choosing Florida is clear: the state is rapidly emerging as a global hub for Bitcoin innovation, corporate adoption, and financial liberalization,” a loosely translated tweet on Wednesday, from Metaplanet’s CEO, Simon Gerovich, reads. “With planned capital of…
[ad_1] Nasdaq has filed a proposal with the SEC to list and trade shares of the 21Shares Dogecoin ETF, a new investment product aimed at tracking the price of DOGE, the most popular meme coin. The 19b-4 filing follows 21Shares’ submission of an S-1 registration to the SEC earlier this month for its proposed Dogecoin ETF, joining Grayscale and Bitwise in seeking regulatory approval for their own DOGE-linked funds. These proposed ETFs come at a time when interest in altcoin-based funds has surged, proven by a wave of new filings and a more crypto-friendly regulatory climate under the Trump administration.…
[ad_1] Global X Investments Canada Inc. has introduced three new ETFs on Cboe Canada, expanding its footprint in the Canadian ETF market with products that offer exposure to U.S. small-cap equities and Bitcoin. The ETFs—Global X Enhanced Russell 2000 Covered Call ETF (RSCL), Global X Bitcoin Covered Call ETF (BCCC), and Global X Enhanced Bitcoin Covered Call ETF (BCCL)—are now available for trading under their respective tickers. “With the launch of Global X Bitcoin Covered Call ETF (BCCC) and Global X Enhanced Bitcoin Covered Call ETF (BCCL), investors now have two ways to gain exposure to the price of Bitcoin,…
[ad_1] The VeBetterDAO EVearn platform has updated its reward system for Tesla drivers. VeChain and VeBetterDAO have continued to promote green or environmentally sustainable initiatives. EVearn, an initiative of VeChain’s broader VeBetter platform, has announced key updates in its reward system. EVearn demonstrates VeChain’s transformative potential in the automotive ecosystem, allowing Tesla drivers to earn crypto rewards for sustainable charging. New Updates on EVearn Rewards In a series of X posts, EVearn revealed plans to upgrade how rewards are distributed to users. The platform explained that it needs to do away with its current reward distribution system, where users receive…
[ad_1] The bitcoin-focused technology firm closed a $210 million funding round led by Fulgur Ventures last October and is now implementing key expansion initiatives. Strategic Shift: Blockstream Carves out Mining and Hardware Divisions Bitcoin infrastructure firm Blockstream has announced that it will spin out its mining and ASIC divisions, establishing them as independent companies as part of its newly implemented expansion strategy, according to a press release published on Wednesday. The move comes just months after the company raised $210 million in October 2024. Blockstream was co-founded in 2014 by current CEO Adam Back, the British computer scientist behind the…