Author: NBTC

NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Aave Unveils V3 Developer Toolkit to Slash DeFi Integration Time

Aave’s developer team has flipped the switch on its long-awaited V3 toolkit this week, and anyone who’s ever wrestled with integrating DeFi building blocks is bristling with excitement. In a breezy tweet, the project teased the new kit: “Introducing the Aave V3 developer toolkit. A new SDK, React hooks, and API let you connect to Aave markets and deploy vaults in minutes. By using Aave’s markets, you can access lending pools tailored to specific risk profiles.” And honestly, they aren’t exaggerating. Introducing the Aave V3 developer toolkit. A new SDK, React hooks, and API let you connect to Aave markets…

DeFiAug 7

Ether ‘mega whales’ continue buying through weekend dip

Ether whales continued to buy the cryptocurrency in droves, according to onchain analysts, as ETH recovers from a weekend dip. “Somebody is buying a ton of ETH,” blockchain analytics firm Arkham Intelligence said on Sunday, with one address accumulating $300 million worth of Ether (ETH) from over-the-counter (OTC) trading at Galaxy Digital. The whale address currently holds 79,461 ETH, worth around $282.5 million. BlackRock has also been loading up on ETH, with the firm’s iShares Ethereum Trust ETF seeing $1.7 billion in inflows over the past 10 consecutive trading days. Onchain holdings of Ether in exchange-traded funds have gone vertical…

EthereumAug 7

Ripple Ranked Among Biggest Private Companies

San Francisco-based blockchain company Ripple has been ranked as the 23rd biggest private company by market capitalization. According to data provided by business analytics firm CB Insights, the company, which is primarily known for being associated with the XRP cryptocurrency, is valued at $15 billion. It is ranked right above Swedish fintech company Klarna ($14.5 billion) and Palmer Luckey-funded defense technology company Anduril ($14 billion). Some other firms on the list include non-fungible token (NFT) marketplace OpenSea, mining hardware manufacturer Bitman ($12 billion), and cryptocurrency exchange KuCoin ($10 billion). The biggest private companies American aerospace manufacturer SpaceX, which holds roughly…

RegulationAug 7

Union Jack Oil Plans BTC Mining Using West Newton Gas Supply

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…

MiningAug 7

Chinese Analyst and Analysis Firm Reveals Expectations After Ethereum's Drop! How Might ETH Move Next?

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…

EthereumAug 7

XRP ETF From Teucrium Sees Enormous Interest, Gains Massive Traction With Extraordinary Inflows

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…

RegulationAug 7

What Is Pump.fun? What To Know About How This Platform Works

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…

ExchangesAug 7

British Oil and Gas Company Union Jack Oil Enters Bitcoin Mining! Details Here

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…

MiningAug 7

Ether rebounds above $3,500, targets $3,900

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…

EthereumAug 7

XRP and SOL Futures 'Spiked' in July

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,…

ExchangesAug 7