NFT News Official TheBitTimes.com

Shiba Inu has earned its position in the meme coin ecosystem. From the perspective of mere memes and meme coins , including Dogecoin and Shiba Inu, both have come a long way. Particularly, SHIB has emerged to be prominent in terms of partnerships and global listings. With numerous partnerships and listings, Shiba Inu have become globally accessible to users. Also read: Bank of America Expects Fed to Raise Interest Rate to 6% Now, according to the latest details from the Japanese exchange OKCoinJapan, it has been revealed that the exchange has listed Shiba Inu for Japanese users. The exchange mentioned that users who want to trade SHIB should initially update the app. 本日より #シバイヌ $SHIB の取扱いを開始しました🐕 OKCoinJapanでは現在、全24種類の暗号資産をお取引いただけます。 ※アプリでSHIBを取引する場合は、最新版へアップデートが必要です。https://t.co/tmhIUsPUxh https://t.co/OdDRqE2pBS — OKCoinJapan（オーケーコイン・ジャパン） (@OKCoinJapan) February 28, 2023 Shiba Inu burn rate plummets The burn rate increased by over 3,000% yesterday, with over

The firm said it received an investigative subpoena in December regarding its crypto listings, crypto custody and platform operations. Robinhood Markets has confirmed that it had received an investigative subpoena from the United States Securities Exchange Commission (SEC) over its digital asset business' crypto listings , custody and platform operations. In a 10-K filing, the brokerage said it received the investigative subpoena in December shortly after crypto exchange FTX filed for bankruptcy in November, and after "several other major cryptocurrency trading venues and lending platforms earlier in 2022," including Three Arrows Capital, Voyager Digital Holdings and Celsius Network. The investigative subpoena was in relation to its cryptocurrency listings and custody services, which they said came in response to the crypto bankruptcies last year: "In December 2022, following the 2022 Crypto Bankruptcies, we received an investigative subpoena from the SEC regardi

The price of SSV has risen 27% since the start of 2023. At press time, the price of SSV is trading above the 200-day moving average in a relatively strong bullish move. Can it sustain the bullish move, or is it another bull trap? Let’s find out in this SSV price prediction. SSV Price Rises as a Whale and Smartmoney Increases Holdings  Earlier, there was a significant 16% increase in the price of SSV. This surge in price coincides with the news that a whale and a SmartMoney investor have increased their holdings in SSV. 1/ The price of $SSV rises 16% today. We noticed that a whale and a SmartMoney increased their $SSV holdings. Share them with you.👇 pic.twitter.com/MQ6TbaR53n — Lookonchain (@lookonchain) February 26, 2023 Data from etherscan.io shows that on January 11 and January 31, the entity “Whale” with address “0x8618” received 75,000 units of the cryptocurrency SSV, which amounts to $3.25 million, from the digital asset exchange Binance . The average price at which the

The Solana smart contract token network experienced a technical glitch on Saturday, February 25, 2023, known as a “large forking event,” causing transaction failures for some users. Solana’s incident report referred to it as “cluster instability” and indicated that a coordinated restart was launched to accelerate block finalization. Solana Blockchain Deals With ‘Large Forking Event’ On Saturday at about 6:37 UTC, the Solana blockchain experienced reduced functionality, and users reported a significant slowdown in block finalization, along with some transaction failures. Solblaze, the liquid staking pool, reported that while Solana did not completely stop block production, it did experience a slowdown due to a forking event. Solblaze stated that “Solana is currently operational” despite a large forking event on mainnet-beta that has caused validators to slow down as they attempt to resolve forks. The account said the network was confirming blocks at a rate of about 16 transactions pe

Feb 22, 2023 at 10:55 // News Author Coin Idol TRON (TRX) is currently trading in the bullish trend zone after a recent decline. TRON price long term forecast: bullish The cryptocurrency's value has declined as buyers were unable to maintain their bullish momentum above the $0.07 resistance level. The resistance level was breached twice, but each time the altcoin was sold off. TRON fell to $0.068 today as bulls bought the dip. The current decline has weakened above the moving average lines, but it is still below the $0.07 resistance level. This suggests that

One Ethereum bull hopes the launch will help onboard a host of other crypto companies and financial institutions onto Ethereum. The Ethereum community appears to have taken a bullish view of Coinbase’s newly announced layer-2 network, Base, which has been described as a “massive confidence vote” and a “watershed moment” for the blockchain network.  Secured on Ethereum and powered by layer-2 network Optimism, Base aims to eventually become a network for building decentralized applications (DApps) on the blockchain. The layer-2 network is currently in its testnet phase, according to Coinbase CEO Brian Armstrong. 0/ Hello world. Meet Base, an Ethereum L2 that offers a secure, low-cost, developer-friendly way for anyone, anywhere, to build decentralized apps. Our goal with Base is to make onchain the next online and onboard 1B+ users into the cryptoeconomy.https://t.co/Znuu3o3pJw — Base (@BuildOnBase) February 23, 2023 Members of the crypto community, such as Ryan Sean Adams, host of t

In October 2022, the SEC fined Kim Kardashian $1.26 million for promoting the cryptocurrency project EthereumMax (EMAX) to her 225 million Instagram followers. Kardashian did not disclose that she was paid $250,000 to promote the project. One British financial regulator at the time believed it to be one of the largest financial promotions in history. But it was also for a security asset, making it illegal. Other celebrities supporting the motion filed are Floyd Mayweather, Jr., Giovanni Perone, Paul Pierce, and Jona Rechnitz. However, there has been a revised attempt to hold Kim Kardashian and other celebrities responsible for the promotion of the cryptocurrency project. Kardashian, Floyd Mayweather, and other personalities are trying to convince a judge to rule out the revision of the lawsuit. The defendants contend that the additional claims pursue the same core notion that the court previously rejected. As per the lawsuit, the EthereumMax team collaborated with celebrities to

Usually, the laws of demand and supply, along with buy-sell pressure, play a crucial role in determining the price of an asset. However, as far as Dogecoin is concerned, merely a single tweet from its self-proclaimed father, Elon Musk, can push up its price, irrespective of the macroeconomic conditions. Well, a typical exhibit of the same unraveled on Wednesday. At press time, the global cryptocurrency market cap was down by 1.94% on the daily timeframe, and most assets were seen consolidating, including Dogecoin. However, as soon as Elon Musk waved the magic wand and tweeted about a confession, the dynamics completely changed. Musk noted that it was “high time” he revealed that he was the one who let the “Doge” out. The image attached to the tweet read, “It was me, I let the dogs out.” High time I confessed I let the Doge out pic.twitter.com/TAi4p1khAd — Elon Musk (@elonmusk) February 22, 2023 Also Read: Solana On-track to Flip Dogecoin After a 140% Rise Well, this i

Currently guided by what can be observed as a bullish sentiment, XRP has seen AI set its price prediction for March 1, 2023. PricePredictions has used machine learning algorithms to observe how the digital assets will fair at the start of next month. XRP is in a rather precarious situation due to its complications, in a legal sense. The community maintains an interest in how the asset will perform amidst the ongoing legal issues between the SEC and Ripple. Source: FreePik XRP Price Prediction for March 1st XRP is among the most well-known cryptocurrencies, but maybe not for the reason some would like. The token was at the center of a legal confrontation between the US regulatory agency and Ripple. Now, as those situations come to a head, all eyes are on the token’s price action. The digital asset has seen a machine learning algorithm set its price for the upcoming month. As XRP has its AI price prediction for March 1, 2023, setting it up for an interesting trend. Analytics

Join Our Telegram channel to stay up to date on breaking news coverage According to reports, the Chinese government subtly supports Hong Kong’s vision of becoming a cryptocurrency powerhouse. The support contrasts with the mainland’s strict anti-crypto stance. What: China’s capital, Beijing, quietly supports Hong Kong’s crypto hub vision.  Why: The development comes after Hong Kong’s Securities and Futures Commission (SFC) announced that it would allow retail investors to trade cryptocurrencies. What next: China’s support to Hong Kong in crypto matters will see many crypto businesses expand into the city. A new Bloomberg report has revealed that China’s Liaison Office representatives have attended crypto gatherings in Hong Kong. Bloomberg noted that their interactions had been “friendly,” citing unnamed sources. Additionally, sources claimed that the officials have been monitoring the progress and requesting reports and updates. In some instances, the representatives h

The largest bank in Southeast Asia, DBS, has revealed that bitcoin trading volume on its cryptocurrency exchange jumped 80% in 2022 while ether trading volume surged 65%. “We believe that the market has decisively shifted its focus towards trust and stability, especially in the wake of multiple scandals that have rocked the industry,” a DBS executive described. DBS Sees Record Trading Volumes for Bitcoin and Ether DBS, the largest bank in Southeast Asia, announced last week that its digital asset exchange saw record trading volumes for bitcoin and ether in 2022. In addition, the number of BTC and ETH under custody at the bank soared during the same time period. According to the bank, the number of bitcoin traded on DBS Digital Exchange (DDEX) was close to 80% higher year-on-year while the number of ether traded on the platform was nearly 65% higher. The bank further revealed that the “number of bitcoin and ether custodised with DBS [is] up more than 100% and 60% respectively,” empha

A prominent crypto expert ranks Cosmos (ATOM) and Algorand (ALGO) among the top five alternative cryptocurrencies to buy in during a recession. In a recent interview with Altcoin Daily, Guy, the pseudonymous host of Coin Bureau, stated that the decentralized parallel blockchain network Cosmos is at the top of his list owing to its generous staking incentives and formidable development staff. “I’d be very quick to jump on [ATOM]. I think it’s an amazing project. I love Cosmos. I love this idea of interoperability. There’s some really cool tech there. There’s a great team behind it and also, I must say, a really good community behind Cosmos as well… There are some amazing returns on staking ATOM at the moment.” At the time of writing, the price of Cosmos is $9.12. He then selects the Ethereum (ETH) competitor Algorand, stating that the blockchain is positioning itself well for the next crypto bull market. “Algorand is a really interesting potential play fo

Join Our Telegram channel to stay up to date on breaking news coverage The Neo price prediction shows that NEO is changing hands at $10.46 as the technical indicator faces the north. Neo Market Price Statistic: Neo price now: $10.46 Neo market cap: $743.7 million Neo circulating supply: $70.5 million Neo total supply: $100 million Neo coin market ranking: #68 NEO/USD Market Key Levels: Resistance levels: $12.0, $13.0, $14.0 Support levels: $8.0, $7.0, $6.0 NEOUSD – Daily Chart NEO/USD is currently trading around $10.46 and once it manages to surpass the potential resistance of $11.30, the next target could be located at $11.50 where it trades above the 9-day and 21-day moving averages. However, a push from here could send the price above the upper boundary of the channel as the daily low is spotted at the $9.50 support level. If the current level fails to hold strong, the Neo (NEO) could slip below the 9-day and 21-day moving averages. Neo Price Prediction: Is Neo

Join Our Telegram channel to stay up to date on breaking news coverage The $25,000 resistance level is being tested as bullish momentum increases. Yesterday, the price of Bitcoin increased to a peak of $25,234 before falling. Above the most recent high, buyers failed to maintain the bullish momentum. Today, buyers are seeking to break through the $25,000 resistance after rising over the $23,500 support. Despite a gain in price, buyers were unable to maintain Bitcoin (BTC) above the $25,000 barrier level. Selling pressure is there when the value of the largest cryptocurrency hits a high of $25,234. Positive momentum will resume today when buyers hit the barrier at $25,000. On the positive side, Bitcoin’s rising trend will continue if the price of BTC recovers and breaches the $25,000 threshold level. When the psychological price barrier of $25,212 is broken, Bitcoin will strive for the $30,000 mark. At the time of writing, the asset’s bitcoin worth is $24,707. Technical analysi