NFT News Today Official TheBitTimes.com

Sam Bankman-Fried. Source: a video screenshot, New York Times / YouTube Former FTX CEO Sam Bankman-Fried has returned to Twitter, denying allegations that he moved funds out of wallets associated with now-bankrupt trading firm Alameda Research. In a response to a story that said wallets associated with Alameda transferred funds just days after Bankman-Fried was released on bail, SBF said he couldn't be moving any of those funds because he doesn't have access to them anymore. He added: "I believe it is likely the case that various legit legs of FTX have the ability to access these funds; hopefully that's what's happening here. If not, hopefully one steps in soon to do so. I would be happy to help advise regulators on this if any wanted." On December 28, some Twitter users and online detectives were quick to spot the transfer of funds from Alameda wallets, which were swapping different amount of ERC-20 tokens for ETH and USDT that was then fu

Join Our Telegram channel to stay up to date on breaking news coverage IMPT had a successful presale and are now steadily building up momentum and exposure in the eco friendly crypto sector. Everyone may easily contribute to the fight against climate change by purchasing IMPT. Find the full IMPT price prediction video above, follow his YouTube channel for more crypto price predictions. What is IMPT IMPT is a carbon removal platform that is powered by blockchain technology. The program’s objective is to reduce the amount of greenhouse gases and to lessen the impact of climate change. The price of one IMPT token, which can be traded in for a certain amount of carbon credits, was set at $0.018 during the IMPT token sale. IMPT Against Climate Change Users of IMPT are connected with hundreds of environmentally significant projects all over the world. These projects have the common goal of lowering carbon emissions and improving the state of our planet. IMPT also partners with t

The proof-of-work mechanism has always received criticism for its energy-centric nature. For this very reason, proof-of-stake has received much attention from many. Ethereum also recently shifted to PoS, which was one of the most monumental upgrades for the world’s second-largest cryptocurrency. According to rumors, the Dogecoin Foundation and Vitalik Buterin, the co-founder of Ethereum, are working together to develop a proof-of-stake pro pos al. The collaboration followed the trail map schedule published by the Dogecoin Foundation in December. The trail map indicated that the switch to proof-of-stake was most likely to occur in 2022. However, the foundation has yet to officially announce the transition, and 2022 is ending in two days. However, dismissing all the rumors, DOGE core developer comes to Dogecoin ’s rescue. Dogecoin core developer dismisses PoS transition rumors Dogecoin core developer, Michi Lumin, recently tweeted about Dogecoin and its transition t

Investment firm Fidelity recently filed trademarks that showed its intentions to enter the NFT and metaverse space. In this week’s newsletter, read about investment giant Fidelity planning to enter the nonfungible token (NFT) space and how Italy’s NFT market will grow. Check out how North Korean hackers use phishing websites to target NFT holders and listen to a conversation with Crypto Raiders in the NFT Steez podcast. And, don’t forget this week’s Nifty News featuring Japanese gaming firm Square Enix investing millions in an NFT game developer.  Fidelity plans NFT marketplace and financial services in the metaverse On Dec. 21, investment firm Fidelity filed three trademark applications to the United States Patent Trademark Office. The trademark filings cover NFTs, NFT marketplace s and metaverse investment services, suggesting that the firm has plans to enter the space. One of the firm’s focuses appears to be the metaverse, showing that it may someday offer investment services w

On social platforms like Twitter, there is a fair amount of chatter related to Polkadot going on. In fact, according to LunarCrush’s data, DOT-related social engagements have risen by 30.7% over the past week. At press time, it was the talk of the crypto town for scripting a new bearish record. With three more days left in 2022, Polkadot has stooped down to a new yearly low. As illustrated on the 4H chart, the price of the asset noted a free fall to $4.26 a couple of hours back. The tale was slightly different for DOT until a few days back. In mid-December, the price of the asset created a lower low. That was accompanied by a higher low scripted by the RSI, which flashed a bullish divergence. Right after the divergence materialized, a long green candle was registered by Polkadot . After a brief consolidation that followed, DOT rallied up to the brink of $4.6, before getting rejected and initiating a downtrend. Source: TradingView When zoomed out further, it can be seen tha

Even in the world of digital apes and other alluring creatures, bears ruled in 2022. The NFT market could not shield itself from the broader slump this year. As a result, most of the top collections treaded on the downtrend path. That said, all hope isn’t lost yet. A recent Coinbase report chalked out that the 2022 NFT slump is healthy. It also asserted that NFT adoption is still in “early stages.” Over the past day, three out of the top five NFT sales were from the Bored Ape Yacht Club collection. An NFT from the Azuki collection also found a place for itself on the list. Users ended up forking out funds in the range of $304k to $152k to acquire these digital tokens. Source: CryptoSlam Read More: 2022 NFT Downtrend Is Healthy, Adoption Still In ‘Early Stages’: Coinbase The NFT Trend This Year As illustrated below, the top NFT mentions this year included words, phrases, and hashtags like ‘ BAYC ,’ ‘boredapeyc,’ ‘ BAYC ,’ ‘eth,’ ‘mayc,’ ‘floor,’ ‘twitter cryptopunks’ ‘moo

Thanks to Elon Musk , Dogecoin (DOGE) has been receiving media attention. However, it was not always for the best reasons. DOGE’s value started to decline as Musk announced his intention to step down as CEO of Twitter recently. The asset’s price experienced a significant decline. During this time, it was also discovered that the biggest DOGE holder was moving DOGE. However, Elon Musk ’s latest tweet has had a significant impact on DOGE. Musk recently tweeted a Merry Christmas message accompanied by images of three dogs. The first image depicts a DOGE sitting on top of another dog wearing Santa Claus attire. Even though the tweet didn’t have an effect on the price of DOGE, there has been a rise in trading volume. Merry Christmas & Good Cheer to All! pic.twitter.com/SupTpz4bLY — Elon Musk (@elonmusk) December 25, 2022 Dogecoin trading volume spikes by 115% CoinMarketCap data reveal that there has been a 115% spike in the trading volume of DOGE over the last 24

XRP/USD Price Chart - Source: Tradingview Given the market slowdown, XRP price prediction remains bearish, as it has broken through a symmetrical support level at $0.3735. However, XRP is now trading just below the double-bottom support becoming a resistance level of $0.3565. Will XRP break the $3 mark? Let's find out!  Vitalik Buterin has recently gone on the offensive against Ripple and XRP, focusing on the tokenomics and structure of XRP and making strong charges of centralization.  Earlier this week, he gave an interview with Bankless in which he dismissed suggestions that the company had become more decentralized in the face of criticism. He said: “ A project in the crypto space needs to have some kind of chain data structure somewhere.” Concerning the schism yet, he stated the corporation has not apologized for telling the US government that China has control over Ethereum (ETH) and Bitcoin (BTC). “ XRP has not apologized for claiming that Bitcoin and Ethe

The past year was evidently rough for Bitcoin investors. Apart from them, even miners took a hit. The lagging price of BTC reduced profitability and made it difficult for miners to cater to their inevitable operational expenses. In the beginning of the year, BTC’s mining profitability was fairly high. Like illustrated below, the number kept falling with time. In fact now, it is currently hovering around its lows. At press time, the Bitcoin mining profitability stood at $0.0504 per day for 1 THash/s. Source: BitInfoCharts Selling has been rampant this year by miners. A recent report from Coinbase highlighted, “… some of the largest public Bitcoin miners sold more Bitcoin than they mined during 2022, depleting their reserves in the process. Other operators – such as Marathon Digital and Hut8 – didn’t sell any bitcoin during 2022, aided by the relative health of their balance sheets. In aggregate, the 10 public bitcoin miners detailed here mined ~40.7k BTC and sold ~40.3k BTC y

Join Our Telegram channel to stay up to date on breaking news coverage Chainers NFT game for degens – Full review Chainers is one of the most exciting offerings yet to come out of the burgeoning NFT/metaverse gaming space powered by Polygon. A sandbox genre online MMO game , which has NFT utility baked into it, is currently in beta mode with a full launch next year, but it has already attracted tens of thousands of players. So what exactly is Chainers and why is it special? Let’s find out. What is Chainers? Chainers is an online game with real economy on internal sidechain, which is based on Polygon, that uses non-fungible tokens (NFTs) in the most innovative way so far seen within the NFT-metaverse gaming sphere. Chainers are developed in the genre of sandbox MMO games, which are very popular in the world among web 2.0 and web 3.0 players. In Chainers, the player can “play god”, that is, he plays games, crafts amazing voxel world, and collects resources. And this is all on t