NFT News Today Official TheBitTimes.com

Join Our Telegram channel to stay up to date on breaking news coverage Vodafone, one of the world’s leading telecommunications companies, is making waves in the crypto space with its upcoming launch of non-fungible tokens (NFTs) on the Cardano blockchain. Vodafone Ventures into NFT Territory on Cardano Blockchain Vodafone Germany teased an exciting announcement on June 27th, unveiling their strategic move to utilize Cardano’s blockchain infrastructure for their non-fungible token (NFT) initiative. During the announcement, a representative from Vodafone highlighted several key factors that influenced their decision. They emphasized the strong and vibrant community surrounding Cardano, as well as the blockchain’s sustainable Features and its ability to connect with other chains seamlessly. These compelling reasons solidified Cardano as the preferred choice for Vodafone’s NFT venture. While the project is still in its early stages, Vodafone has wasted no...

Join Our Telegram channel to stay up to date on breaking news coverage The Reserve Bank of New Zealand (RBNZ) has announced its decision to enhance monitoring of cryptocurrencies and stablecoins, according to a statement released by the central bank on June 30. Ian Woolford, the Director of Money and Cash at RBNZ, stated that while the current situation does not necessitate immediate regulatory measures, increased vigilance is required. Reserve Bank of New Zealand Increases Monitoring of Cryptocurrencies and Stablecoins The move by RBNZ is in line with the feedback received from industry stakeholders, as highlighted in the consultation paper published by the central bank last year. twRipple, a blockchain-based payment protocol, and Westpac, one of Australia’s prominent banks, were among the respondents to the RBNZ’s consultation paper. Woolford acknowledged the significant risks and opportunities associated with cryptocurrencies and stablecoins, as emphasized by...

The politician and business magnate has his eyes set on Binance CEO CZ taking the reins of the future crypto industry. During a panel at Collision 2023 in Toronto, Anthony Scaramucci, founder of Skybridge Capital and former White House communications director, stated that disgraced crypto executive Sam Bankman-Fried “really hurt the industry in the United States from a regulatory perspective." Scaramucci continued: “He embarrassed the politicians; he gave a lot of money to them. They spent a lot of time with him, Gary Gensler spent a lot of time with him. And then they had this huge situation that happened. And that was very embarrassing. And so now the pendulum has swung too far to over-regulation in this ridiculous prosecutorial oversight." When asked for his opinion concerning the crypto regulatory environment in Canada compared to the U.S., Scaramucci stated that “Canada actually learned from the United States and set it up the way we used to do things in the United St...

This article offers an extensive overview of the best cryptocurrencies available to buy before the next bull run, drawing insights from reliable sources. It serves as a valuable resource to help readers grasp key information and address crucial inquiries before conducting further research on the most PR omising coins. Our goal is to empower readers with com PR ehensive knowledge of the top crypto coins with potential to explore before the next bull market. This article is also dedicated to exploring the top fastest-growing cryptocurrencies which could have significant potential, offering valuable insights and analysis for eligible buyers seeking high-growth opportunities in the crypto market. Ultimate list of the 10 best crypto to buy now before the next bull run This meticulously curated list of the best cryptocurrencies to buy before the bull run is the definitive compilation, carefully constructed through diligent investigation, comprehensive market analysis, and indust...

The HKVAC index , unveiled by the Hong Kong Virtual Assets Consortium (HKVAC), adds XRP, SHIB and ADA to its list of recognized cryptocurrencies. This newly introduced index , which assesses 30 prominent digital assets, places significant emphasis on market capitalization as the primary criterion for evaluation. Top 30 on the index The Hong Kong Virtual Assets Consortium (HKVAC) introduced the index with the aim to provide investors and regulators with a dependable benchmark to assess the performance and risks associated with virtual assets. JUST IN: $SHIB & $XRP have been recognized in Hong Kong’s HKVAC Index! — Shiba Archives (@ShibaArchives) June 28, 2023 HKVAC’s official website reveals two versions of the index. The first version assigns weights to crypto assets based on their market capitalization, while the second version incorporates risk ratings into the weighting methodology. These variations offer different perspectives on the composition and evaluati...

Join Our Telegram channel to stay up to date on breaking news coverage The Stellar price prediction shows that XLM is attempting to cross above the upper boundary of the channel. Stellar Prediction Statistics Data: Stellar price now – $0.101 Stellar market cap – $3 billion Stellar circulating supply – 26.93 billion Stellar total supply – 50 billion Stellar Coinmarketcap ranking – #27 XLM/USD Market Key Levels: Resistance levels: 0.120, $0.125, $0.130 Support levels: $0.080, $0.075, $0.070 XLMUSD – Daily Chart XLM/USD peaks at $0.102 today as the coin continues to follow the bullish movement within the channel. However, the Stellar will have to cross above the upper boundary of the channel in other to guide against the downward pressure while the closest support expects the coin at $0.090, which could be a daily low. Stellar Price Prediction: Stellar Likely to Hit $0.110 High At the time of writing, the Stellar price is likely to...

Twitter users noticed thousands of Safe deployments to Optimism, leading to speculation that it may be an attack, but the developer of Worldcoin confirmed that this activity was merely an app migration. Worldcoin is the cause of a slew of Safe deployments to the Optimism (OP) network over the past week, according to a June 27 social media post from Tiago Sada, head of product for Worldcoin developer Tools for Humanity. The deployments had caused a stir on Twitter, as users wondered who was causing them and what their purpose was. Some Twitter users had speculated that it might be a Sybil attack or some kind of address-farming technique used to profit from coins sent to the wrong address. Deploying more safes - steady lads https://t.co/W5DiQirrP0 — tiago sada (@tiagosada) June 27, 2023 A Safe (previously called “Gnosis Safe”) is a multisignature smart contract wallet. It is often used by development teams to ensure that multiple team members must sign off on each transaction that s...

Join Our Telegram channel to stay up to date on breaking news coverage Analysts deem Zimbabwe’s Gold-Backed Digital Token inadequate in addressing the country’s currency challenges. Economists claim the token doesn’t provide a comprehensive solution to Zimbabwe’s currency woes, leaving the underlying issues largely unresolved. Macroeconomic Measures Outweigh Gold-Backed Tokens for Zimbabwe’s Currency Stability The country’s currency could be stabilized and its instability addressed by implementing effective macroeconomic policies, like increasing interest rates and reducing the deficit. According to them, these measures could alleviate the currency’s challenges. Zimbabwe’s gold-backed digital token won’t stabilize the local currency, as the central bank hopes, say two economists.  Issuance and Usage of Gold-backed Digital Tokens pic.twitter.com/6P8lECPQTW — Reserve Bank of Zimbabwe (@ReserveBankZIM) April 28, 2023 ...

Riding on the ETF hype wave, the crypto market noted renewed activity over the past week. Several new participants stepped into the market, while the existing ones also kept the wheel rotating by buying assets. Institutions registering positive flows during the same period were just the cherry on the cake. Please enable JavaScript Cryptocurrency, NFTs, The Savage Meltdown of June 2022: Who Emerges Successfully? Observations from NFT According to CoinShares’ latest weekly report, crypto and other digital asset investment products noted their “largest” single weekly in flows since July 2022. The same summed up to $199 million. In effect, almost half of the prior 9 consecutive weeks of out flows have now been corrected already. Source: CoinShares Also Read: With Ethereum at $1.9k, Exchange Balance Drops to ‘All Time Low’ Goes without guessing that Bitcoin was the biggest beneficiary last week. Around 94% of the in flows , i.e. 188 million, were registered by BTC. The multi-asset basket...

BTC price performance goes sideways but Bitcoin bulls retain $30,000 as support after the weekly close. Bitcoin (BTC) circled $30,500 at the June 26 Wall Street open as bulls held newfound support. BTC/USD 1-hour chart. Source: TradingView Bitcoin ETF hype puts demands on U.S. session Data from Cointelegraph Markets Pro and TradingView showed BTC price action retaining $30,000 around the weekly close. The largest cryptocurrency began the week on a stable note as U.S. markets began trading, with observers hoping for a copycat move from the week prior. Then, the U.S. had provided the lion’s share of buyer interest, following multiple announcements of institutional product applications based on the Bitcoin spot price. “Last week, most action and buying pressure, happened during the US Stock Market Open Hours,” popular trader Daan Crypto Trades noted on the day. Fellow trader Skew agreed, calling the June 26 U.S. trading session “important.” $BTC Aggregate CVDs & Delta Spot buying l...

On June 22, authorities in Libya searched and arrested several individuals as part of their efforts to combat illegal crypto mining in the country. The raid in a data center resulted in the detention of 50 Chinese nationals. Libya crackdown on illegal crypto mining During a search by interior ministry agents at a farm in Zliten, located 160 kilometers east of Tripoli, they reported that minors were generating virtual currencies with the assistance of the detained Chinese individuals.  You might also like: Global regulators scrutinizing Binance, bitcoin breaks above $31,000 on rising institutional adoption| Weekly recap In a video shared on Facebook by the Tripoli prosecutor’s office, the crypto - mining operations were conducted in structures without windows, housing numerous industrial fans and a significant quantity of computers and hardware. This occurred shortly after prosecutors announced the dismantling of another illegal crypto-mining farm in the port city of...