Friday, July 30, 2021

Billion-dollar BTC whale, Binance’s stablecoin approved, Apple is interested in crypto – Crypto In-Shorts

The Takeaway:

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!

ADVERTISEMENTKillerlaunch domains

Crypto bulletin – September 6, 2019

More than a billion dollars in bitcoin were transferred to an unknown wallet.

More than a billion-dollar worth of bitcoins were transferred from 15 different addresses to a single address.
More than a billion-dollar worth of bitcoins were transferred from 15 different addresses to a single address.

This whale of a transfer caught Community’s attention and led some to speculate that it was undertaken by Bakkt before the launch of its futures.

The New York Department of Financial Services (NYDFS) approved BUSD (Binance USD), a stablecoin of Binance in collaboration with Paxos.

Traders on Binance will be able to exchange the stablecoin with BNB, BTC, and XRP.
Traders on Binance will be able to exchange the stablecoin with BNB, BTC, and XRP.

The coin is set to launch next month.

 

Regulation obstruction of Libra has led Facebook to spend $7.5 million on hiring lobbyists.

William Hollier and Michael Williams will advocate for Facebook's crypto project in Washington.
William Hollier and Michael Williams will advocate for Facebook’s crypto project in Washington.

Latest additions to this ever-growing list are William Hollier, President of Hollier Associates LLC and Michael Willaims of The Williams Group.

 

Apple has not entered the crypto space

Currently, Apple is not involved in any crypto project, but the tech giant has shown interest in the industry.
Currently, Apple is not involved in any crypto project, but the tech giant has shown interest in the industry.

Apple, unlike its competitor, Samsung, but is keeping a close watch on cryptocurrencies, according to Apple Pay’s Vice President, Jennifer Bailey.

 

ZClassic, ZCL, is relaunching its mainnet after last year’s hard fork led to its crash.

Currently, ZCL is being traded at its lowest at $0.38.
Currently, ZCL is being traded at its lowest at $0.38.

ZCL was a ZCash fork focused on privacy and eliminating the founder’s tax. Dorbi exchange will list the newer version of the coin and will also lower the number of confirmations required to verify a transaction

 

Malta Financial Service Authority, striving at supervising crypto industry

MAFS plans to use artificial intelligence to monitor and audit crypto frauds.
MAFS plans to use artificial intelligence to monitor and audit crypto frauds.

Published its three-year plan for 2019-21. MFSA reported working with international and national authorities to fight money laundering and terrorism financing. 

 

Bitcoin Price

Current Bitcoin Price – $10,914.78

Yesterday, Bitcoin opened at a price of $10,588.18. The fluctuations drove it to the lowest value of $10,516.42 and the highest value of $10,627.27 in 24 hours. Bitcoin closed at $10,575.53 and saw a decrease of 0.12% throughout the day. The crypto coin is still below its all-time high value of $20,089.00 by 47.09%.

 

Ethereum Price

Current Ethereum Price – $177.20

Yesterday, Ethereum opened at $175.97. The fluctuations drove it to the lowest value of $171.75 and the highest value of $176.16 in 24 hours. Ethereum closed at $174.22 and saw a decrease of 0.99% throughout the day.

The crypto coin is still below its all-time high value of $1,432.88 by 87.70%.

 

Cardano Price

Current Cardano Price – $0.047106

Yesterday, Cardano opened at $0.045504. The fluctuations drove it to the lowest value of $0.043959 and the highest value of $0.045543 in 24 hours. Cardano closed at $0.044437 and saw a decrease of 2.35% throughout the day.

The crypto coin is still below its all-time high value of $1.33 by 96.57%.

 

Bitcoin Market Cap

The day ended with $192,731,540,348 for the Bitcoin Market Cap.

 

Ethereum Market cap

The day ended with $19,004,910,102 for the Ethereum Market Cap.

 

Cardano Market cap

The day ended with $1,143,531,288 for the Cardano Market Cap.

 

Bitcoin Trading Volume

The 24-hour trading volume of Bitcoin – $15,188,674,579

Ethereum Trading Volume

The 24-hour trading volume of Ethereum – $5,599,328,370

Cardano Trading Volume

The 24-hour trading volume of Cardano – $44,168,740

 

Whale alerts

Crypto enthusiasts beware of these whales:

  1. 94,504 BTC ($1,018,147,900) transferred from an Unknown wallet to another Unknown wallet. Transaction ID: 4410c8d14ff9f87ceeed1d65cb58e7c7b2422b2d7529afc675208ce2ce09ed7d
  2. 422,552,400 XRP ($108,017,770) transferred from an Unknown wallet to another Unknown wallet. Transaction ID: 17ED4043528107B5E68BB48E381035E4AF063DCE761553ACC4C3CE1608B17DF1
  3. 100,000,000 XRP ($25,610,146) transferred from an Unknown wallet to another Unknown wallet. Transaction ID: A5C74483DEC878C438776F3468E0C375436EBFBFC7B896CA05636A9325F8FC4B

Crypto controversy

Ried Hoffman produced an Epic Rap Battle: Bitcoin vs. fiat currency debate. The rap battle includes a 1 BTC giveaway, and people are calling out Peter Schiff’s comment as a discrete way to participate in the giveaway. 

 

What to expect today

In the last week, the search volume of the word “BTC” even surpassed the “Bitcoin’s” volume during its bull run. Research suggests that this surge indicates manipulative moves to increase the Bitcoin’s price. 

We advise you to monitor any drastic changes in bitcoin’s price.

ADVERTISEMENTBtrz jokerbtc 728x90 en

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.

Dorsey Gray
Dorsey Gray
Dorsey works in the oil and energy industry since he graduated as a mechanical engineer from Bagdad Senior High School. However, he loves to explore and write about the financial world while he sits in the balcony of his beachside room. Dorsey also loves to cook, but just for himself.

Leave A Reply

Please enter your comment!
Please enter your name here