Saturday, March 6, 2021

Craig hides behind Dorian to get an extension, Crypto regulations to strike the Netherlands: Crypto In-shorts

The Takeaway:

3rd September 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

The infamous Klieman v. Wright case will see no resolution in the near future as the self-proclaimed Satoshi goes back on his acceptance of the judge’s ruling. Citing the Dorian hurricane’s warning, Wright has requested a 14-day extension to prepare a challenge against the decision.

De Nederlandsche Bank, the Dutch central bank, will commence the regulation of firms dealing with crypto-related services. The regulations would come into effect from 10th January 2020, and the crypto companies would be required to register with the bank to function in the country.

 

Bitcoin Price

Current Bitcoin Price – $10,360.89

Yesterday, Bitcoin opened at a price of $9,757.47. The fluctuations drove it to the lowest value of $9,730.65 and the highest value of $10,396.59 in 24 hours. Bitcoin closed at $10,346.76 and saw an increase of 6.04% throughout the day. The crypto coin is still below its all-time high value of $20,089.00 by 48.24%.

Ethereum Price

Current Ethereum Price – $177.78

Yesterday, Ethereum opened at $171.70. The fluctuations drove it to the lowest value of $170.45 and the highest value of $180.15 in 24 hours. Ethereum closed at $178.35 and saw an increase of 3.87% throughout the day.

The crypto coin is still below its all-time high value of $1,432.88 by 87.42%.

Cardano Price

Current Cardano Price – $0.045273

Yesterday, Cardano opened at $0.044555. The fluctuations drove it to the lowest value of $0.043422 and the highest value of $0.046113 in 24 hours. Cardano closed at $0.045362 and saw an increase of 1.81% throughout the day.

The crypto coin is still below its all-time high value of $1.33 by 96.53%.

 

Bitcoin Market Cap

The day ended with $185,593,386,548 for the Bitcoin Market Cap.

 Ethereum Market cap

The day ended with $19,126,491,612 for the Ethereum Market Cap.

Cardano Market cap

The day ended with $1,173,802,765 for the Cardano Market Cap.

 

Bitcoin Trading Volume

The 24-hour trading volume of Bitcoin – $18,511,643,359

Ethereum Trading Volume

The 24-hour trading volume of Ethereum – $6,875,843,039

Cardano Trading Volume

The 24-hour trading volume of Cardano – $48,563,797

 

Whale alerts

Crypto enthusiasts beware of these whales

  1. 500,000,000 XRP ($130,130,710) transferred from Ripple Escrow Wallet to Ripple. Transaction ID: 9479E74779378110E2E38A9C92690B2E6654C8A83CD94E284C6FED2A90898B90
  2. 108,000,000 INB ($36,602,612) transferred from an Unknown Wallet to another Unknown Wallet. Transaction ID: 0x4cd4287fb07475af45919d9a035619215dc7e49a2be237b2c2db5fca733b1a86
  3. 20,000,000 USDT ($20,017,232) transferred from Huobi Exchange to an Unknown Wallet. Transaction ID: c01734ce8f9b02678a7de94a667043867eb5fa1c03cdbee64bcabd211af6965a

Crypto controversy

Twitter users visualise Craig Wright’s attempts to prove he is Satoshi

What to expect today?

Bitcoin broke the $10,200 resistance and is steadily moving towards the major resistance of $10,500, following an upward trend. Analysts believe that it would require to adhere to the course to break the major resistance. 

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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.

William Botello
William Botello
William is a market research coordinator who believes that blockchain technology and cryptocurrencies can revolutionize the financial landscape. He completed his studies in Arts and Sciences from Arizona State University.

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