NFT News Today Official TheBitTimes.com

Source: TradingView The terra luna classic price has dropped by 3.5% in the past 24 hours, as part of a marketwide fall caused by speculation regarding the SEC acting against Paxos and the BUSD stablecoin. At $0.00016228, LUNC is also down by 10% in a week and by 8.5% in the last 30 days, with the altcoin seeing its market cap fall below $1 billion over the weekend. This decline also comes as LUNC's 24-hour trading volume drops to around $60 million, substantially below the $500 million level it saw at the start of the month when its price rose to $0.0002057. This decrease in liquidity exposes LUNC to a greater risk of further sudden drops, although its longer term picture looks more promising due to ongoing work on re-pegging USTC. Terra Luna Classic Price Prediction as LUNC Falls Below $1 Billion Market Cap – Time to Buy the Dip? LUNC's indicators reveal that it's currently experiencing a selloff that may continue for the next few days. Its 30-day movi...

Source: ryanking999/Adobe Electricity-free digital yuan payment adoption is reportedly on the rise in China – where smartphone users can spend their coins without a network connection. Earlier this year, the central People’s Bank of China (PBoC)’s updated the official digital yuan app. The update allows users to use smartphone hardware to access their token holdings when their handsets are offline. Per the Economic Daily, one of China’s biggest state-owned newspapers, merchants need to upgrade the software on their point of sale (POS) devices to start accepting offline smartphone payments. And an increasing number of vendors are doing just that, the media outlet claimed. The PBoC and partner banks have been working on “hard” digital yuan wallets for over two years. This began with a pilot conducted by the Postal Savings Bank of China at the Jiao Tong University School of Medicine’s Tongren Hospital staff canteen. Wearable wal...

Source: TradingView The Ethereum price has risen by 0.5% in the past 24 hours, reaching $1,642 as the cryptocurrency market claws back some of its losses from the past couple of days. Its current price equals a 4.5% gain in the past week and a 30% surge in the last 30 days, with the altcoin almost keeping pace with bitcoin's increases in the past month. Yet Ethereum can point to the kind of adoption news that Bitcoin supporters can arguably only dream of, with Visa revealing yesterday that it's trialing stablecoin payments on the Ethereum blockchain. Given that Ethereum is already the biggest layer-one network by some margin, this is the kind of announcement that points to just how dominant it could become in the future. Ethereum Price Prediction as ETH Spikes Up Above $1,600 – Here's Where ETH is Headed Next ETH's chart is in a sensitive position right now. Its 30-day moving average (red) began rising above its 200-day average (blue) earlier in the ...

The need for a sustainable environment is becoming clearer every day. Given the high greenhouse emissions from fuel-powered vehicles, major companies are now purchasing carbon credits to reduce their carbon footprint. The C+Charge project makes this possible by enabling EV owners to get carbon credits whenever they charge their batteries. This innovative project has gained massive acceptance in the past few months, and its presale has been a resounding success. For value-driven investors, C+Charge may be the next crypto gem to hit the market. What is it, and how does it aim to make EV charging easier for the common user? CCHG Presale Defies Expectations  CCHG is the native token for C+Charge. The digital asset’s primary function will be to process payments for users who want to pay for charging their EVs at all managed stations. However, as the C+Charge platform is currently in its first rollout stages, the CCHG token is on presale. So far, CCHG has manage...

Source: TradingView The dogecoin price has jumped by 8% today, rising to $0.092839 after reports yesterday that Twitter owner Elon Musk is determined to move ahead with integrating payments into the social network. DOGE is now up by 11% in a fortnight and by 32% following the news, with the market expecting that the meme token will be one of the chief beneficiaries of Twitter's crypto play. The market has long expected that Twitter will one day see dogecoin payments, and if this expectation is realized, there's no doubt that DOGE will rally massively as a result. However, the latest reports make no explicit mention of dogecoin itself, and with Twitter also reportedly working on its own digital currency, there's no guarantee that the social network will embrace DOGE. Dogecoin Price Prediction as Elon Musk Reveals He is Considering Crypto Payments for Twitter – Can DOGE Hit $1? DOGE's chart makes it clear that the altcoin is enjoying a breakout rally r...

Source: Butenkow/Adobe The United States Federal Bureau of Investigation (FBI) has blamed North Korean hackers for the attack last year on the cross-chain bridge provider Harmony. The Harmony Horizon bridge was compromised in June 2022, with hackers making off with $100 million worth of crypto. The FBI, Reuters and Yonhap reported, blamed “two hacker groups associated with North Korea” for the breach: namely the Lazarus Group and APT38. And the bureau claimed that on January 13, the groups “used a privacy protocol called Railgun to launder over $60 million” worth of their funds. It claimed that a “portion” of the ethereum (ETH) stolen in the raid “was subsequently sent to several virtual asset providers and converted to bitcoin.” Railgun is an anonymizing tool that grants certain levels of privacy protection to transactions. Earlier this month, the head of the crypto exchange Binance claimed the platform had stopped a h...

  Solana price is one of the best-performing cryptocurrencies in the market, with gains exceeding 90% in 30 days, 133% in 14 days, and 62% in seven. It is as if the token, SOL needed a little push north to win back the hearts of investors who have been walking away amidst rumors of a dying network. In just a few weeks, Solana’s value has jumped so that it’s trading above the $20.00 level in reference to December lows of $8.01. Solana Ecosystem’s Death Rumors Could be Overstated A report by Messari, a leading crypto analytics platform, has shed some light on matters surrounding the possible threat to the existence of the Solana ecosystem. Nevertheless, we cannot deny the fact that the network suffered greatly due to its close relationship with the defunct FTX exchange. Almost the entire value locked (TVL), blockchain transactions, and the value of tokens across the ecosystem was backed by FTX and its sister company Alameda Research. As strong as...

Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Gibraltar, Gibraltar, 12th January, 2023, Chainwire Cimu Games has announced that it is using Ready Games’ web3 game development tools to re-release its million-selling Runestone Keeper. The web3-enabled beta version of the title, which won Best Gameplay award at the 2014 Unity Awards, will launch in late Q1 on PC, console and mobile - a first of its kind for web3 gaming. Cimu Games, whose parent company is Innoteg, is famed for its web2 mobile and console games. Its team believes web3 is the future of gaming and has elected to use Ready’s multi-platform tech stack to enter this growing market sector.  Josh Furr - Cimu Games’ Marketing Director said: “We are thrilled and honored to be a part of Ready's family of like-minded web3 developers. Our goal is not only to bring Runestone Keeper to Ready...

Source: AdobeStock / Michaela Jílková Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Payments news Major Ukrainian pharmacy chain ANC Pharmacy has partnered with Binance Ukraine to enable crypto payments via the contactless crypto payment service Binance Pay . The payment option is also available at ANC Pharmacy-operated stores including Kopiyka and Shara , said the announcement. DeFi news Decentralized finance (DeFi) application Sushi decided to shut down two products, according to chief technology officer Matthew Lilley. “We made the decision to deprecate Kashi (Sushi Lending) and Miso (Sushi Launch Pad). 1. Kashi for a number of reasons, had a number of design flaws, ran at a loss, and had a lack of resources to dedicate to it. 2. MISO, had a lack of resources,” he said, and added: “We have the plan to...

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...

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 claimin...