Press Releases Daily TheBitTimes.com

Bitcoin and Ether remain prominent leaders in the cryptocurrency markets, but there is a potential for a short-term decline. The news about BlackRock registering the iShares Ethereum Trust has raised expectations that the asset manager might eventually seek approval for an exchange-traded fund (ETF) focused on Ethereum (ETH). This positive development indicates that BlackRock’s interest in cryptocurrencies extends beyond Bitcoin (BTC). Market observers are becoming increasingly hopeful about the approval of spot Bitcoin ETFs by the United States Securities and Exchange Commission in 2024. James Seyffart, a research analyst at Bloomberg Intelligence, expressed optimism on X (formerly Twitter), suggesting there is still a 90% chance that the regulator will approve a spot Bitcoin ETF by Jan. 10 of the following year. Daily cryptocurrency market performance. Source: Coin360 Galaxy Digital founder Mike Novogratz believes that the approval of the Bitcoin ETF, fol...

What can we say about NFTs in 2023? Well, experts say that this is a year when the Non-Fungible Tokens showed a meteoric rise, revolutionizing the whole art industry and changing the way artists create their works. What is more, collectors now perceive art in a different way as well! And this is a real transformation in the realm of art that potential investors cannot miss. We are moving into the digital era more and more deeply, and the concept of ownership changes accordingly. NFTs are highly likely to define the art landscape for many years ahead, so we would like to take a look at this phenomenon in our post. If you are an investor who is seeking new ways of making your money work, we would like to invite you to our portal called International Wealth . As its name suggests, we deal with all topics related to wealth accumulation and preservation, including business, investments, and so on. You can take advantage of our extensive knowledge base of articles or contact our expert: th...

The third-party crypto bot Wallet is debuting global rollout on the Telegram messenger in several countries in Latin America and Africa. Cryptocurrency trading bot Wallet is debuting its global rollout on the Telegram messenger in several countries in Latin America and Africa. The Open Platform (TOP), the Dubai-headquartered investment platform affiliated with TOP Labs and Wallet, announced the global rollout of the Wallet crypto bot on Nov. 10. Wallet, a third-party Telegram bot allowing users to buy and sell crypto, is now available on the Telegram settings menu for users in Colombia, South Africa and Kenya. The Wallet crypto bot has been accessible to global users for several months, but users were required to find the bot by clicking “@Wallet” on Telegram. With the latest update, users can see Wallet directly on the menu without needing to find the bot or even know much about crypto to start using it. Wallet bot available on the Telegram settings menu. Source: Cointelegraph In...

Senator Rick Scott introduced a prohibition act seeking to bar U.S. financial service operators from interacting with China’s central bank digital currency (CBDC). The so-called Chinese CBDC Prohibition Act would ban U.S. post offices, remittance firms, peer-to-peer crowdfunding platforming and all money services businesses from facilitating any transaction that involves China’s digital yuan. Senators Marsha Blackburn of Tennessee and Ted Cruz of Texas backed the act with their support, stressing that this legislation was crucial to keeping American financial data safe. We should do everything in our power to ensure Americans are protected financially. This legislation is common sense: U.S. financial services should not engage in any transaction that involves the CCP’s Digital Yuan. Senator Marsha Blackburn Rep. Blaine Luetkemeyer from Missouri also proposed Senator Scott’s bill to the House of Representatives. The bills were fielded amid increased chatter concerning cry...

Grand Cayman, CAYMAN ISLANDS, November 9th, 2023, Chainwire Zircuit , a new zero-knowledge rollup backed by pioneering L2 research, today announced the launch of its public testnet. Zircuit is fully EVM compatible, supports existing Ethereum dApps and wallets and allows any dApp on Ethereum to deploy on Zircuit with minimal changes. To celebrate the launch, Zircuit will be hosting a multi-day event during Devconnect that begins on Monday, November 13th. Over the last one and a half years, the Zircuit team has been pioneering various research initiatives such as rollup security tooling, rollup compression, and scaling cryptography. This work led to grants awarded by the Ethereum Foundation for Layer 2 (L2) research. Zircuit’s upcoming testnet synthesizes the team’s research advances and new technology to create an evolved L2 environment for developers.  Harnessing these research advancements, Zircuit uses a hybrid approach that combines the latest zero-knowledge proofs ...

London, United Kingdom, November 9th, 2023, Chainwire Design chosen by VEXT community to appear at Extreme E season finale in Chile. Veloce Racing will be fighting for the Extreme E Season 3 championship title in style with a special one-off VEXT chrome livery. As part of the recently launched VEXT, token holders were given a choice to cast their vote between three unique designs which will feature as the team’s livery at the Antofagasta Minerals Copper X Prix in December (2-3). The winning chrome design will be applied to Veloce Racing's ODYSSEY 21, and accompanied by a VEXT-inspired purple team kit. VEXT enables and encourages its growing community to vote on decisions that impact both real-world and virtual assets within the Veloce Media Group , allowing fans to be increasingly integrated and engaged within the Veloce eco-system. With tangible influence on the direction of assets, token holders are also able to transact across games and interactive sports features, with reward...

Ted Budd has presented the “Keep Your Coins Act” to Congress, legislation designed to ensure individuals’ rights to directly manage their cryptocurrencies without compulsory third-party involvement. Senator Budd (R-NC) has proposed a bill aiming to safeguard the autonomy of American citizens in handling their digital currencies. Amidst increasing governmental attention towards the regulation of crypto currencies following the collapse of the FTX exchange, this bill, named the “Keep Your Coins Act,” presents a counter-narrative emphasizing financial freedom and personal control over digital assets. JUST IN: US Senator Ted Budd introduces bill to protect the right to self -custody #Bitcoin & crypto . — Watcher.Guru (@WatcherGuru) November 8, 2023 The essence of the proposed legislation is to ensure that individuals retain the ability to engage in cryptocurrency transactions without mandatory reliance on third-party intermediaries, which can represent ...

Crypto Tony revealed that he is waiting for a bullish ascending triangle to form on VRA’s 12-hour chart. According to his post, the formation of this pattern could lead to a positive breakout for VRA. Meanwhile, VRA was trading hands at $0.00651 following a 2.46% 24-hour loss. The cryptocurrency trader and analyst Crypto Tony shared in an X post yesterday that he would like to see an ascending triangle form on the 12-hour chart for Verasity (VRA). According to the post, this pattern emerging in the next few weeks could lead to a strong breakout towards the upside for the altcoin. $VRA / $USD – Update This is what i would love to see on VRA .. Ascending triangle over next few weeks leading to a breakout pic.twitter.com/awvaaMhfle — Crypto Tony (@CryptoTony__) November 7, 2023 From a shorter-term perspective, the altcoin’s price dropped 2.46% over the past 24 hours. According to data from CoinMarketCap, VRA was trading hands at $0.00651 at pres...

Istanbul, Turkey, November 8th, 2023, Chainwire Gala Games is thrilled to announce that it will be participating in the upcoming Binance Blockchain Week in Istanbul, a premier gathering for blockchain and cryptocurrency enthusiasts, developers, and entrepreneurs. At the event, Gala Games will introduce a unique experience for all attendees — the opportunity to engage with their $GALA-powered L1 blockchain, GalaChain, like never before through the redemption of special Mystery Boxes. Each Binance Blockchain Week attendee will have the chance to create their own Gala Account, a gateway to a universe of gaming and entertainment collectibles. Upon account creation, attendees will be able to redeem their very own Mystery Box, which could contain an array of digital treasures ranging from exclusive digital collectables to tokens like $GALA, $SILK, $MATERIUM, or the $BEAMS and $POPCORN powering Gala Music and Gala Film. There will also be other surprise elements that offer a taste of th...

Alpharetta, USA, November 7th, 2023, Chainwire “Just like there’s a possibility and time for loss, there’s always time for recovery” - Jenny Brown, head of the Recovery Technical Team at BCA. Broker Complaint Alert (BCA) Celebrates 3 Remarkable Years of Helping Victims of Crypto Scams Recover Their Lost Crypto. Broker Complaint Alert (BCA) celebrates 3 years of offering one of the best and most remarkable crypto recovery experiences. Since BCA began operating in December 2020, it has helped over twelve thousand scam victims to recover their lost funds from scammers. BCA introduced a solution that is focused on ensuring that every single scam victim who reports the scam to their platform stands a 94% chance of recovering lost funds.  This innovative approach has literally proven itself to be 94% accurate. In other words, roughly 94% of all cases reported to BCA so far were successful. BCA combines the most brilliant minds within the crypto space and the bes...

Singapore, Singapore, November 7th, 2023, Chainwire The Testnet boosts Aethir's Decentralised Cloud Infrastructure (DCI), enabling a seamless integration with its cloud game portals and establishing tokenomics to foster industry wide innovation. Developers and users can try out Aethir’s Testnet and provide feedback on the Testnet Discord channel. Developers can get more information from Aethir's technical docs .   Aethir , a pioneer in Decentralised Cloud Infrastructure (DCI) for Gaming and AI, has announced the launch of its Testnet. The Aethir Testnet launch enhances Aethir’s Decentralised Cloud Infrastructure (DCI), delivering permissionless integration with Aethir’s cloud-hosted game portals and laying the foundation for beneficial tokenomics to support industry innovation.      Aethir recently joined NVIDIA’s Inception Program to propel its mission of revolutionising the gaming and AI industries. Aethir's Testnet is the ...

Solana has experienced notable growth in the DeFi, NFT, and Web3 markets since its inception in April 2019. Numerous projects are currently being developed on the Solana network, with more expected to emerge in the near future. According to information provided on Solana ’s official website, the company’s main value proposition is offering low-cost transactions indefinitely. As a blockchain network, it competes directly with other platforms, such as Ethereum. With the whole cryptocurrency market trading in the red, here is our price prediction for Solana for mid-November 2023. Also read: Ethereum Breaks Out of Diamond Price Pattern, Poised for Rally SOL price prediction for mid-November 2023 Various factors, such as market conditions, price action, developments, supply, and use cases, will determine whether SOL can shoot up in price in mid-November 2023. Based on SOL ’s behavior at the start of 2023, cryptocurrency experts at Changelly offer their price predictio...

Vancouver, BC, Canada, November 6th, 2023, Chainwire MaestroBots, a prominent cryptocurrency trading bot on the Telegram messenger app, has swiftly taken action to refund users who were affected by a recent smart contract exploit. In an incident that unfolded on October 24, a total of 280 ETH was targeted. In response, the Maestro team took immediate action to refund the users impacted by the Maestro Router 2 contract exploit. This commitment to user security and trust was announced on social media platform X (formerly Twitter) on October 25. MaestroBots allocated a substantial sum of 610 ETH from its own revenue to cover all user losses. At the time of writing, this sum exceeded $1 million. The statement from MaestroBots read, "Every wallet that lost tokens in the router exploit has now received the full amount they lost. Some of you ended up with even bigger bags." For nine out of the 11 exploited tokens, MaestroBots opted to buy and refund tokens, instead of sending ETH, d...

Seoul, South Korea, November 6th, 2023, Chainwire MetaBID , the groundbreaking digital asset auction platform that went live on November 4, is thrilled to report unparalleled user engagement and activity just two days after launch. The platform is attracting an ever-growing number of users eager to participate in these auctions set to transform the Web3 auction landscape. Remarkable Start, Outstanding Auction Lineup The auctions that have already kicked off have seen a surge in user participation. In particular, auctions for highly coveted assets XMR and BNB Coins, Crypto Punk #6995 worth more than 6800 USDT and the iPhone 15 Pro Max have seen high amounts of traffic since the launch of the platform on Saturday, November 4, 2023. A wide array of highly sought-after assets are currently up for auction, with more scheduled to begin in the coming days (all times in UTC): 10 XMR Coins: November 6, 2023 at 09:00 am 1 ETH Coin: November 6, 2023 at 11:00am Bored Ape Kennel Club NFT #3810: Nov...

Yuga Labs, the creators of Bored Ape Yacht Club and Magic Eden, are collaborating to launch an Ethereum NFT market place that will ensure creators receive their right royalties.   In a statement shared on their X platform, Magic Eden expressed enthusiasm for collaborating with Yuga Labs and their joint efforts in building an ETH marketplace. They emphasized the importance of supporting creators, as they believe that without them, web3 cannot thrive.  This partnership aims to prioritize the rights of creators by ensuring they receive their exact royalties from NFT sales. Together, they aim to strengthen the digital collectibles ecosystem by fostering creativity and innovation. Via this collaboration, there will be an obligation where Magic Eden will be responsible for sharing a portion of secondary market sales proceeds from their NFT collections with Yuga Labs.  We’re thrilled to announce that we’re partnering with @yugalabs to launch a new ETH market place by the end of the...

Jurrien Timmer, a Fidelity Investments executive, called Bitcoin “exponential gold.” The executive said Bitcoin could be a “high-powered” hedge against monetary “shenanigans.”  Jurrien, earlier in 2021, predicted Bitcoin would gain more market shares against gold and reach $100K in 2023. Jurrien Timmer, director of Global Macro at financial services company Fidelity Investments, in a recent post, hailed Bitcoin as “exponential gold,” alluding to the digital asset’s potential to add significant value over time.  Indeed, the executive tweeted that “Bitcoin’s scarcity and adoption curve creates the potential for it to be a high-powered hedge against monetary shenanigans.” While noting several S-curves throughout history, Jurrien said Bitcoin’s adoption curve followed a similar pattern.  According to the executive, Bitcoin’s adoption curve in 2021 was very steep, resembling the S-curve for mobile phones during the 1980s and 1990s. It “was ...

A trader who accurately predicted the crypto bottom in November of 2022 is expressing bullish sentiment on Bitcoin (BTC). Pseudonymous analyst DonAlt tells his 54,100 YouTube subscribers that he foresees Bitcoin getting a “massive pump” that will siphon funds from altcoins and into BTC. DonAlt says that Bitcoin could afterward consolidate, a move that would positively impact altcoins. “And then you might see another [Bitcoin] consolidation like this [BTC ranging roughly between $33,400 and $35,200], another rotation into altcoins where people chase the 5%, 10%, 15%, 20% and then maybe we get a little bit of nice altcoin action.” Source: DonAlt/YouTube BTC is worth $35,223 at time of writing, after hitting a new 2023 high of just under $36,000 earlier in the day. On the likely next course of action for Ethereum (ETH) over the short term, the trader says, “ETH… my view on it is I think there’s a good chance it bounces in general lik...