Monday, March 8, 2021

Bank of England wants a global digital currency, Binance compensates KYC compromised users- Crypto In-Shorts

The Takeaway:

24 August 2019. Are you tired of scouring the web for the latest crypto-updates? Enter the world of Crypto In-shorts on Chaintimes and find all you need!

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Crypto bulletin

Mark Carney, governor of the Bank of England, proposed a global digital currency to replace the US dollar. Over-reliance on the dollar must be ended according to Carney.

Binance launches margin trading on its android application. The platform also announced compensation of the KYC hack victims in the form of free upgradation to its VIP services. 

 

Bitcoin Price

Current Bitcoin Price – $10085

Bitcoin opened at a price of $10,136.31. The fluctuations drove it to the lowest value of $10,078.19 and the highest value of $10,442.44 in 24 hours. Bitcoin closed at $10,407.97and saw an increase of 2.68% throughout the day.

Ethereum Price

Current Ethereum Price – $189

Ethereum opened at $191.11. The fluctuations drove it to the lowest value of $189.56 and the highest value of $195.91 in 24 hours. Ethereum closed at $194.71 and saw an increase of 1.88% throughout the day.

Cardano Price

Current Cardano Price – $0.051570

Cardano opened at $0.049410. The fluctuations drove it to the lowest value of $0.048903 and the highest value of $0.050267 in 24 hours. Cardano closed at $0.049790 and saw an increase of 0.77% throughout the day.

 

Bitcoin Market Cap

The day ended with $179,656,990,589 for the Bitcoin Market Cap.

Ethereum Market cap

The day ended with $20,341,466,324 for the Ethereum Market Cap.

Cardano Market cap

The day ended with $1,262,995,302 for the Cardano Market Cap.

 

Bitcoin Trading Volume

The 24-hour trading volume of Bitcoin – $15,094,444,379

Ethereum Trading Volume

The 24-hour trading volume of Ethereum – $5,984,552,005

Cardano Trading Volume

The 24-hour trading volume of Cardano – $104,383,635

 

Whale alerts

Crypto enthusiasts beware of these whales

  1. 484,775,580 XRP ($133,366,660 USD) transferred from an Unknown wallet to another Unknown wallet. Transaction ID: 7F58C699E0BD8AA6BFACFE9FA6BBBA611004AA070AF37ADEA02B7EF65FC170DE
  2. 1,380,000 LINK ($3,041,670 USD) transferred from an Unknown wallet to another Unknown wallet. Transaction ID: 0xa1a0b909eae3fe5db6635d910706b35c62e44de583fc6df4f20499f2110a3f61
  3. 3,000,000 USDC ($3,009,250 USD) transferred from an Unknown wallet to Binance. Transaction ID: 0x88fe7ecf51dbdefb42e6503801b06603c84748cb2411d688378f91a5d513abcc

Crypto controversy

Adam Back: Anyone who bought into the big block forks, at rogerkver’s urging, is a brokeG now.

Adam Back: Anyone who bought into the big block forks, at rogerkver’s urging, is a brokeG now. from r/Bitcoin

What to expect today?

FUD drives tether’s price, research by Augmento reports. This can increase potential manipulation risk by sentiment exploitation. 

 

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Disclaimer: The article reflects the opinions of the author and is not representative of Chaintimes’ views.
The article does not offer any investment advice. User discretion is advised when investing in or trading with cryptocurrency. Extensive and diligent research should be carried out by the reader before making a decision.

Paul Rea
Paul Rea
Paul is a graduate from the Queensland University of Technology and has a demonstrated history of working in the computer and network security industry. Apart from being a dedicated author, Paul also has an interest in graphic designing.

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