Author: NBTC

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, with…

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 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 Hashcash…

The crypto market remains in prolonged consolidation with the overall market cap approaching $3 trillion as analysts eye a possible bitcoin (BTC) breakout that could push the market higher. Bitcoin hovered near $95,00 on Thursday, while ether (ETH), BNB Chain’s BNB and Solana’s SOL remained stagnant. XRP and Cardano’s ADA dropped 2%, while dogecoin (DOGE) fell 3%. Spot bitcoin exchange-traded funds (ETFs) lost $56 million on Wednesday, breaking an eight-day streak that saw nearly $3 billion flow into these U.S.-listed products. Markets have been generally range-bound in the past week, setting the course for what could be an explosive move…

Sonic, one of the fastest-growing blockchains for stablecoin activity, is set to transition from bridged USDC to native USDC and integrate Circle’s Cross-Chain Transfer Protocol V2 (CCTP V2). The upgrade is expected to begin with a bridging pause on May 6, with full deployment completed approximately a week later, Sonic Labs announced. Launched in December 2024, Sonic has quickly become a leading hub for bridged USDC, boasting over $480 million in bridged USDC and $1 billion in total value locked. The upcoming shift to native USDC (USDC) aims to further streamline liquidity and offer developers a more consistent user experience.…

Gaming has come a long way. What used to be just a hobby or pastime is now a real way to earn moneythanks to blockchain-powered play-to-earn (P2E) games. These games blend fun, digital ownership, and decentralized finance to create a space where players aren’t just entertained, they’re rewarded. But how exactly does it work? And how can you actually start earning from it? Let’s break it down. What Are Blockchain P2E Games? Play-to-earn games are built on blockchain technology, which means they run on decentralized networks like Ethereum, Polygon, or BNB Chain. These games reward players with cryptocurrency or digital…

Kuwaiti authorities are cracking down on illegal crypto mining, with over 60 individuals now under investigation, as part of a sweeping campaign to root out unlicensed operations. The country’s Public Prosecution confirmed the investigations are ongoing and warned that more suspects could be identified in the coming weeks. The “security operation,” carried out last Friday, targeted residential properties across the country suspected of hosting mining rigs, according to local media. The operation was coordinated by top officials, including Acting Prime Minister Sheikh Fahad Al-Yousef and Minister of Electricity Dr. Subaih Al-Mukhaizeem. The government said it aims to curb unauthorized power…

On Wednesday, Bitcoin spot ETFs recorded their first net outflow since April 16, halting an eight-day streak of consistent inflows. The outflow marked a notable reversal after the funds collectively attracted over $2 billion in net inflows during the prior eight trading sessions. Bitcoin ETFs Face $56 Million Exit Amid Sideways Price Action Yesterday, the total net outflow from BTC spot ETFs came to $56.23 million. This sudden shift in funds flow suggests a potential cooldown in institutional demand following a sustained period of accumulation. Total Bitcoin Spot ETF Net Inflow. Source: SosoValue BTC’s price consolidation since April 25 may…

Ripple’s stablecoin, RLUSD, has officially hit a major psychological and economic milestone, surpassing $300 million in market capitalization. The latest numbers show the market cap at $316.98 million, with the stablecoin holding its price at $1. Right now, according to CoinMarketCap, RLUSD is ranked 12th among all stablecoins. This puts Ripple’s asset in a strong position, especially since it is so new and has a pretty small holder base. Another interesting thing to note is the volume-to-market cap ratio of 12.08%, which is quite active for a stablecoin category. One interesting thing about RLUSD is that it does not have…

Nexpace, a blockchain company backed by South Korean gaming giant Nexon, announced Thursday that its Web3 expansion of the popular MapleStory franchise will launch on May 15. The new game, MapleStory N, will blend the franchise’s traditional 2D side-scrolling gameplay with crypto assets on the Avalanche blockchain, allowing players to own and trade in-game assets on-chain. The studio has launched its own dedicated Avalanche L1 chain called Henesys, which went live in April. “The launch of MapleStory N marks the culmination of years of development, rigorous user testing, and unwavering community support,” said Nexpace CEO Sunyoung Hwang, in a statement.…