Author: NBTC

Union Jack Oil plc has announced bold plans to leverage its gas reserves for Bitcoin mining. In partnership with Reabold Resources and others, the company has signed a non-binding letter of intent with Texas-based 360 Energy Inc. The agreement outlines the use of West Newton gas to power on-site Bitcoin mining operations. This move marks an innovative shift for the traditionally conservative energy sector. Union Jack aims to convert natural gas directly into electricity, fuelling a modular data center designed for BTC mining. West Newton Site: A New Digital Frontier West Newton, located in Yorkshire, holds an estimated 200 billion…

Bitcoin (BTC), Ethereum (ETH), and altcoins have experienced a significant decline in recent days. Bitcoin is approaching the $110,000 level, while Ethereum has fallen below $3,400. While this decline has made investors nervous, the Eugene analyst said that Ethereum has experienced a short-term decline but its long-term outlook remains strong. Stating that the bullish outlook for Ethereum (ETH) continues, the analyst said that ETH may be in the middle of a short-term pullback, but the data does not disrupt the long-term bullish outlook. A report from South Korea-based Eugene Investmens indicated that Ethereum continues to have strong upside potential. Eugene…

Teucrium’s XRP ETF is rewriting the record books as skyrocketing investor demand propels it past every fund in the firm’s 16-year history with unstoppable momentum. “It is our most successful fund,” said the firm’s president. Teucrium’s XRP ETF Fires Past Every Fund in Company History With Accelerating Demand Investor appetite for XRP exposure is accelerating rapidly, and Teucrium Trading is positioning itself at the center of the surge. Sal Gilbertie, president of the firm, stated last week on CNBC that XRP enthusiasm is reshaping the exchange-traded fund (ETF) landscape. “There’s enormous interest in XRP,” he stated, highlighting the explosive performance…

Pump.fun is a crypto and DeFi platform that simplifies the process of launching and trading meme coins. It allows anyone to create a fair launch coin, where no one receives early access, private allocations or pre-mined tokens. All participants have the same opportunity to buy and sell once the token is live, aiming to promote transparency and equal access in the digital asset market. This article explains how the Pump platform works, including how users can select a coin, purchase through a bonding curve, and sell at any time. It also outlines essential considerations such as potential market risks and…

UK-based and publicly traded Union Jack Oil, along with Reabold Resources and other partners, announced that it has signed a non-binding letter of intent with Texas-based 360 Energy to build a Bitcoin mining facility. British oil and gas company Union Jack Oil signs agreement with Texas-based 360 Energy to mine Bitcoin at West Newton field Under the agreement, natural gas extracted from the West Newton gas field in England will be used to power data centers to be built on the site. These centers are planned to be used for Bitcoin mining. The initiative aims to efficiently utilize fossil fuel…

Key takeaways Ether dropped below the $3,400 level over the weekend as the broader market underperformed. The coin is now trading above $3,500 and could rally towards the $3,700 level soon. Ether rebounds from the weekend’s sell-off Ether, similar to the broader cryptocurrency market, underperformed last week. The second-largest cryptocurrency by market cap lost 8% of its value over the last seven days and hit a low of $3,359 on Saturday. The poor performance was caused by several macroeconomic factors. The Federal Reserve kept interest rates the same while the Fed Chair suggested that there is no certainty over a…

According to Chicago-based trading giant CME Group, Solana (SOL) and XRP futures “spiked” in July. The products generated $6.5 billion and $6 billion worth of trading volume, respectively, according to data provided by the trading behemoth. Overall, July was “a record-breaking month” for the sector, CME says. Multiple major cryptocurrencies, including Bitcoin, XRP, and BNB, recorded fresh record highs. Ethereum (ETH), while falling short of logging a new record high, still logged a new peak in interest and trading volume. The impressive trading activity coincided with the Ether/Bitcoin ratio finally rebounding after months of extremely severe underperformance. Strong demand Earlier,…

While the Ethereum ecosystem continues to expand with multiple Layer 2 (L2) networks — designed to improve scalability and reduce fees — the data shows it may not always be financially viable for decentralized finance (DeFi) protocols to deploy iterations on all of these networks. DefiLlama data shows that for protocols that have expanded the most across the Ethereum ecosystem, over 90% of fees or revenue still come from the mainnet, with L2s contributing only a small share. Aave, the largest DeFi money market, generated over $65 million in fees in July 2025, converting roughly $9 million into revenue. But…

South Korea’s leading banks are eyeing faster entry into the crypto and stablecoin markets. The announcement comes as executives around the crypto industry predict upcoming laws at the national level will pave the way for mass issuance of stablecoins and other digital asset services. The move prompts the biggest lenders, including Shinhan, Woori, KEB Hana, and KB Kookmin, to create in-house task forces and digital asset teams. These dedicated divisions are creating crypto custody services, stablecoins, digital wallets, and blockchain partnerships. Among those, Woori Bank is a typical example. In its latest move, it established the Digital Asset Team, which…

Onchain perpetual futures have been one of 2025’s breakout market segments, with the sector recording another all-time high in July. According to analytics platform Artemis, decentralized perpetual protocols processed $399 billion of trading volume in July, outpacing their previous all-time high of $311 billion in June by 28%. Decentralized Perpetuals Volume – Artemis The sector is led by Hyperliquid, which accounts for nearly 80% of onchain perpetuals volumes, followed by protocols such as ApeX, Drift, and dYdX. Hyperliquid’s volume surged after its token generation event (TGE) in November 2024. Prior to its token launch, the exchange cleared between $25 and…