NFT News Daily Offcial TheBitTimes.com

According to SIMBA Chain, the investment will go toward developing blockchain applications that will be used by several government organizations. Block chain solutions provider SIMBA Chain has been selected for a $30 million Strategic Technology Focus Initiative (STRATFI) by the United States Air Force (USAF). The initiative is focused on identifying and advancing technologies that could secure the future dominance of the U.S. Air Force.  According to the announcement, the investment will be used to develop blockchain applications in supply chain management and programs that will be used by several government organizations, including the Office of the Undersecretary of Defense for Research & Engineering, the USAF, the U.S. Navy, the U.S. Army and the Defense Logistics Agency. SIMBA Chain has a long-standing relationship with the Department of Defense, having developed various blockchain applications to improve critical USAF activities, such as budget tokenization for better acco...

The metaverse will likely impact physical and social interactions, with artificial intelligence a critical factor in this shift. The potential behind the metaverse is becoming greater as virtual and physical worlds converge. Market intelligence firm Contrive Datum Insights recently found that the global metaverse market is estimated to surpass $1.3 trillion by 2030. According to the study, this growth will be driven by newly adopted virtual economy trends, combined with the rise of both crypto and online games. Additionally, a recent survey conducted by CoinWire highlighted that the metaverse would likely reshape social lifestyles. CoinWire found that 69% of respondents believe that the metaverse will eventually modify social lifestyles due to new approaches taken for entertainment and activities. AI will make the metaverse more interactive Cathy Hackl, author of Into the Metaverse: The Essential Guide to the Business Opportunities of the Web3 era, told Cointelegraph that the Metav...

Here is our weekly collection of digital asset listing and de listing , trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listing s and/or de listing s? Let us know here . _________________________________________ BitMart Listings:   Primal (PRIMAL) Shiba Lite (SHIBLITE) Sologenic (SOLO) Coreum (COREUM) Punchy Token (PUNCH) Doggo (DOGGO) BinaryX (BNX) Render (RNDR) Bitcoin Bank (BTCBANK) Metano (METANO)   Bitrue Listings:   STFX (STFX) XRP Healthcare (XRPH)   BKEX Listings: DFA (DFA) Fight Out (FGHT)   Changelly Listings:   Dogelon Mars (ELON) Ceek (CEEK) Gods Unchained (GODS)   ChangeNOW Listings:   Syntropy (NOIA) The Sandbox (SAND) Bonk (BONK) Stacks (STX)   CoinEx De listing s:   FODL Finance (FODL) Augur (REP) Tribe Token (TRIBE)   Gate.io Listings:   Popcoin (POP) Gifto (GTO)   HitBTC Listings: ...

Bitcoin is up by 43% since the start of January 2023 and remained bullish for the majority of the month. BTC was priced at $16,500 on Jan 1, 2023, and scaled up to $23,955 on Monday. Other Altcoins have followed the collective rally, registering new monthly highs. JUST IN: #Bitcoin has increased by 43% in the first month of 2023. — Watcher.Guru (@WatcherGuru) January 30, 2023 Now that January is coming to an end, all eyes are on February as the Feds would meet on Jan 31 and Feb 1. The CME FedWatch Tool predicted that the Federal Reserve could raise interest rates again by 25 BPS. Will this affect Bitcoin’s performance in February? Let’s find out! Also Read: Is Bitcoin Likely to Close at Its Highest Price Since August 2022? Source: CoinGecko.com Bitcoin: How High Could BTC Go in February 2023? Source: Pixabay Leading cryptocurrency analyst Altcoin Sherpa shared a Bitcoin chart on Monday showing four green 1W candles in a row. The analyst suggested that ...

Image Source: iStock The Department of Motor Vehicles in California plans to use blockchain technology for record keeping, including the issuance of car ownership and simplifying transfers of such ownership. The DMV has tapped a private fork of the Tezos blockchain, an open-source blockchain that can execute peer-to-peer transactions and serve as a platform for deploying smart contracts, according to a recent report by Fortune.  The move is part of a collaboration between the California DMV, Tezos and blockchain software firm Oxhead Alpha, which announced the successful completion of a proof-of-concept blockchain-based vehicle titling solution on January 25. Ajay Gupta, the chief digital officer at the California DMV, said he hopes the plans to materialize the title database on blockchain come to fruition in the next three months. Following that, the agency also aims to build consumer-facing applications, including digital wallets that hold c...

Industry insiders highlight World Economic Forum workshops on the metaverse focusing on user privacy, asset protection and regulation. Web3 and the metaverse were handed a seat at the table of the World Economic Forum in 2023 as the ecosystem continues to drive innovation across industries. As Cointelegraph continues to explore, the presence of the cryptocurrency and Blockchain ecosystem was mainly found outside the walls of the WEF. Blockchain Hub Davos and GBBC’s Blockchain Central were two central events in town that brought together the wider crypto community that has been somewhat left out of the WEF’s discourse on the sector. The metaverse is a notable exception to this trend. Although some metaverse applications do not operate on decentralized blockchain systems, key proponents for the space have been involved in high-level workshops within the WEF that look to understand and plan for the future integration of innovative technology. The WEF agenda featured two workshops direct...

Economist and gold bug Peter Schiff has explained why bitcoin and gold are going up this year. “They’re rising for opposite reasons,” he said, claiming that the price of gold is climbing as investors view the metal as a hedge against inflation and a weaker dollar. Peter Schiff Explains Why Bitcoin and Gold Are Rising Gold bug and economist Peter Schiff has shared his view on why bitcoin and gold are going up this year. Schiff is the founder and current chairman of Schiffgold, a precious metals dealer specializing in gold and silver bullion. He has long been a bitcoin skeptic, regularly bashing the crypto while promoting gold. He tweeted Monday: Both gold and bitcoin are up in 2023, but they’re rising for opposite reasons. “Gold is rising as a hedge against inflation and a weaker dollar, while bitcoin is rising with other high-risk assets as speculators bet that a Fed pivot will cause a rally in 2022’s biggest losers,” the economist de...

The Central African Republic (CAR) president, Faustin-Archange Touadéra, recently said his government has established a 15-member committee tasked with creating a comprehensive legal framework that governs the use of cryptocurrencies. According to an official document issued by the CAR cabinet, the committee has already started its work and will regularly update the government. CAR’s Ambitions The Central African Republic (CAR) leader, Faustin-Archange Touadéra, recently revealed that his country has set up a committee that is expected to draft a bill on the use of cryptocurrencies. The committee, which is comprised of 15 experts drawn from various government ministries, is expected to create a legal framework that helps the CAR achieve its goal of becoming a globally recognized blockchain technology-embracing country. 15 experts #centrafricains issus de plusieurs ministères de mon gouvernement composent le comité chargé d'élaborer un nouveau projet de loi plus complet sur...

Source: Sidneydealmeida/Adobe The Latin American e-commerce heavyweight Mercado Libre has taken another step into the world of crypto – and will pay its customers to refer friends to the crypto trading service on Mercado Pago, its e-pay app. Mercado Libre is often dubbed the LATAM Amazon, and has hundreds of millions of users across the region. It began accepting bitcoin (BTC) as a means of payment back in 2021. Its payments app Mercado Pago has crypto trading functions, and allows customers to buy and sell BTC, as well as ethereum (ETH) and stablecoins. And in a bid to boost adoption, Mercado Pago stated that its crypto-trading customers would receive BRL 10 (around $2) in credit for each fellow Mercado Pago user they “introduce” to the company’s crypto trading solutions. Per the media outlet Livecoins, users were told that they could invite up to 10 friends to use the platform – and pick up a maximum of BRL 100 (approximately $20) in t...

Bitcoin miners came under significant pressure during the bear market; however, Blockstream said institutional hosting customers were more “resilient.” Digital asset infrastructure company Blockstream has raised $125 million to finance its Bitcoin (BTC) mining colocation services, underscoring heightened demand for its institutional hosting services amid the bear market.  The $125 million raise was finance d by convertible note and a secured loan, Blockstream announced on Jan. 24. Venture capital firm Kingsway Capital led the convertible note raise , with additional participation from Fulgur Ventures. Cohen & Cohen Capital Markets, part of J.V.B. Financial Group, advised Blockstream on the deal. The Funding will enable Blockstream to expand mining capacity for institutional hosting customers — a segment the company said was “resilient” in the face of Bitcoin price volatility compared to so-called prop miners. This latter segment is “more directly exposed to Bitcoin price volat...

Join Our Telegram channel to stay up to date on breaking news coverage The Loopring price prediction shows that LRC is likely to climb above the upper boundary to continue the upward trend. Loopring Prediction Statistics Data: Loopring price now – $0.31 Loopring market cap – $421 billion Loopring circulating supply – 1.33 billion Loopring total supply – 1.37 billion Loopring Coinmarketcap ranking – #88 LRC/USD Market Key Levels: Resistance levels: $0.38, $0.40, $0.42 Support levels: $0.24, $0.22, $0.20 LRCUSD – Daily Chart LRC/USD is currently changing hands at around $0.318 as the coin touches the daily high at $0.327 with a market cap of $421.2 million. Today’s trading begins with a tremendous uptrend in the market as the coin hovers above the 9-day and 21-day moving averages. However, according to the daily chart, traders are anticipating that the current price movement is an indication of the upcoming price rally in the ...

Memes have become an important, if somewhat humorous, part of the cryptocurrency community. The crypto market is highly volatile, and the prices of cryptocurrencies can fluctuate dramatically in a short period. Memes offer a way for people to express their emotions and cope with the ups and downs of the market in a lighthearted, humorous way. Crypto culture is heavily centered around online communities and social media, and memes are a widely used form of communication. They allow people to quickly convey complex ideas or emotions in a way easily understood by others in the community. Many of the concepts and terms in the crypto world can be challenging to understand for those new to the space, and memes are a way to simplify and explain them. Crypto is also filled with speculation and hype, and memes are an outlet to make fun of the more outlandish claims. Here is a selection of the most popular cryptocurrency memes. Hodl “Hodl” originated from a misspelling of the word “hold” in ...

Source: neumi85_btc / Twitter The famous Berliner Fernsehturm tower in Germany's capital was on Saturday decorated with the Bitcoin (BTC) logo - and it wasn't the only iconic monument to be dressed in ₿. The Berliner Fernsehturm (or Berlin Television Tower) is a 368m-tall tower in the Marien quarter (Marienviertel), close to the megapopular Alexanderplatz square. It was opened in 1969 by the government of East Germany as a symbol, not just of the city, but also of the Communist power. It remains a significant landmark, the tallest structure in Germany, and the third-tallest in the European Union.  And this landmark was chosen as the canvas for the bitcoin logo. It is unclear who the individual or the group behind the project is, however, one Twitter user seems to have inside knowledge about this series of BTC promotions around Berlin.  Tilo Neumann shared a video of the logo projected on the tower: pic.twitter.com/oZ1YFr2RDG — Tilo Neumann (@neu...

The best Move-to-Earn (ME) presale is selling out fast, as investors scoop up Fight Out in droves. Investors have a limited chance to get FGHT tokens, with $3,150,687 raised so far. In less than two days, Fight Out’s presale price will be increasing in intervals of 12 hours until it hits the finish line on March 31. FGHT is the token powering Fight Out’s move-to-earn ecosystem. Investors are spending $0.0166 on every FGHT token, but they must hurry before the price moves a step higher. According to the Fight Out team, the price will keep increasing in 12-hour intervals during the second stage – such that FGHT will be valued at $0.0333 by March 31, ahead of the first exchange listing. (2) Fight Out on Twitter: “Huge milestone #FightOutCrew! 👊 We have just raised over $3M in our stage 1 presale! 🔥 ⏰ Only 5 days left until the stage 2 price starts increasing! ⏰ Don’t miss out – Get up to a 50% bonus with $FGHT! https://t.co/...

The Inter national Monetary Fund (IMF) has made recommendations to regulate the cryptosphere and provide a framework for exchanges and investors to work to. Firstly it wants crypto asset service providers to be licensed, registered, and authorized. That includes those providing storage, transfer, exchange, settlement, and custody services, with rules like those governing providers of services in the traditional financial sector. It wants customer assets to be held separately from the company's own assets and the responsible authority to be clearly defined. Secondly, entities that carry out many different functions in the cryptosphere should be subject top additional oversight. If there is any coniflict of interest it should be assessed by the responsible authority and prohibited, if necessary, and such entities should be subject to stringent regulations on transparency so that all dependencies and operations can be clearly identified. Thirdly, stablecoin iss...

Scallop Integrates Chainlink Automation to streamline the staking process for Scallop users and allow them to benefit from automated staking rewards. Scallop uses a membership system with different levels of staking requirements — an efficient staking mechanism ensuring the system runs smoothly. Scallop’s proof-of-stake (PoS) blockchain also requires staking for full participation. Businesses can access liquidity and custody services when they stake up to $5,000 worth of Scallop tokens and become a Business account holder. As Scallop Integrates Chainlink Automation. Chainlink Automation Highly reliable, performant, and decentralized automation — Ensures transactions are identified and confirmed quickly even during periods of heavy network congestion by leveraging Chainlink’s battle-tested transaction manager. Time-tested infrastructure that helps save costs  — Enables to eliminate in-house automation infrastructure costs, reduce resources spent on DevOps, and increase speed and effici...