Author: NBTC

The first US-listed spot Solana exchange-traded fund (ETF) received $21 million of net inflows on July 8, lifting its running total to $41.2 million, based on Farside Investors’ data. The one-day addition to the Rex-Osprey’s Solana + Staking ETF (SSK) 104% of the $20.2 million raised over the previous three trading sessions, effectively doubling net inflows. Falling short of BTC and ETH SSK began trading on July 2 with a 0.75% management fee, triple the 0.25% headline charge that BlackRock and Fidelity levy on their Bitcoin (BTC) and Ethereum (ETH) products. Comparing the first four trading days for each asset…

Six months into the enforcement of the European Union’s Markets in Crypto-Assets Regulation (MiCA), nearly 40 crypto-asset service providers (CASPs) have been authorized to operate across the EU. The list includes several traditional financial institutions, fintech platforms, and crypto-native firms that now benefit from the licensing rules. The regulation began applying to CASPs in June 2024 to replace the by-country laws that countries within the bloc had been using with a more unified framework. It allows firms to port their licenses across the European Economic Area and scale their services legally across borders. Authorized providers now available in nine countries…

Blazpay, a cutting-edge decentralized payment infrastructure provider, has partnered with Onmi AR, an advanced augmented reality (AR) role-playing game (RPG) that delivers a fusion of worldwide exploration with real-world benefits. The collaboration aims to redefine GameFi and broader Web3 gaming sector. The platform shared the details of this joint effort in a recent social media post on X. We’re excited to announce our partnership with @onmi_ar – the treasure map AR RPG bringing immersive storytelling, global exploration, and real-world rewards to Web3. 🤝Together, Blazpay x Onmi are charting a new course in GameFi — blending augmented reality, narrative… pic.twitter.com/lRKCBBqJGs —…

The flexibility of Arbitrum’s tech stack may be gaining traction on Wall Street through Robinhood and its stock tokenization push, but the Ethereum layer-2 scaling network’s qualities should eventually make it a go-to hub for game developers, according to Offchain Labs CEO Steven Goldfeder. In an interview, Goldfeder said that companies like Xai Games and Proof of Play are leveraging Arbitrum’s architecture to create custom blockchains for gaming, showcasing how the Nintendos of the world may one day use Arbitrum for crypto-powered experiences. “Gaming is super strong on Arbitrum,” he told Decrypt. “We’re seeing top game builders building on-chain, which…

Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR). Since the start of this month, a growing divergence has emerged between bitcoin BTC$109,155.72 and bitcoin-HODLer Strategy (MSTR). While bitcoin has climbed approximately 13%, nearing the $110,000 mark, MSTR shares have slipped 3%, trading around $372. This performance gap has become more pronounced since mid-May and raises questions about market sentiment toward the company that pioneered the bitcoin treasury strategy for corporations. Despite playing a leading role in this movement, Strategy’s stock has not mirrored bitcoin’s latest rally. One key factor is the rapid increase in the number…

Three Solana-focused exchange-traded funds (ETFs) listed in the U.S. have quietly pulled in $78 million over the past month, reflecting rising interest in altcoin-backed investment products despite the outsized dominance of bitcoin and ether (ETH) in ETF markets. The Solana REX-Osprey SOL + Staking ETF (SSK), which launched July 2, has already attracted over $41 million in assets under management, according to Bloomberg Intelligence. Meanwhile, Volatility Shares’ leveraged Solana ETF (SOLT) has accumulated $69 million year-to-date, and its regular Solana ETF (SOLZ) holds $23 million. “It’s all much smaller than btc or eth but lot of green numbers = good,”…

Former World Bank President and Purdue University School of Business International Finance Expert David Malpass criticized the FED’s interest rate policy on the Squawk Box program he attended on CNBC. Malpass said the Fed’s interest rates are “still too high” and are holding back growth in the U.S. economy. Malpass criticized Fed Chairman Jerome Powell’s statement that Trump’s tariffs had raised inflation expectations and delayed interest rate cuts. Malpass described Powell’s assessment, made in Europe, as “contextual but distracting,” adding, “The real problem is that the Fed is still keeping interest rates too high.” Stating that the European Central Bank…

In the dynamic and ever-evolving world of digital assets, institutional movements often signal significant shifts and emerging trends. Grayscale Investments, a titan in the cryptocurrency investment space, has once again captured the market’s attention with its latest strategic update. As part of its June quarterly rebalance, Grayscale announced a pivotal addition to its Crypto Sectors Index: Space and Time (SXT). This move is more than just a portfolio adjustment; it’s a powerful endorsement of the burgeoning decentralized data landscape and a testament to the continuous evolution of the Web3 ecosystem. Understanding the Grayscale Crypto Index: Why Does Inclusion Matter? Grayscale…

As digital asset legislation races through Congress and towards President Donald Trump’s desk for signature, the president’s personal, lucrative crypto dealings have come increasingly under fire.  Democrats have launched protests against “Trump’s crypto corruption” in both the House and Senate, putting up enough of a stink to lead industry policy leaders to conclude that their coveted market crypto structure bill is now doomed. But a new poll out Monday from a pro-crypto nonprofit is attempting to dispel the narrative that the president’s digital asset antics have caused a major impediment to the industry’s legislative agenda.  The poll, conducted between June…

In the fast-paced world of digital assets, few companies manage to consistently capture attention with significant strides. Yet, Bitdeer, a prominent name in the Bitcoin cloud mining industry, has recently made waves with a series of remarkable achievements that underscore its growing influence and strategic positioning. From gaining prestigious financial index inclusion to significantly boosting its operational capacity, Bitdeer is not just participating in the crypto revolution; it’s actively shaping its future. If you’re invested in cryptocurrency, curious about the mechanics of mining, or simply tracking industry leaders, Bitdeer’s latest developments offer compelling insights into the evolving landscape of digital…