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

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

500,000,000 XRP ($130,130,710) transferred from Ripple Escrow Wallet to Ripple. Transaction ID: 9479E74779378110E2E38A9C92690B2E6654C8A83CD94E284C6FED2A90898B90
108,000,000 INB ($36,602,612) transferred from an Unknown Wallet to another Unknown Wallet. Transaction ID: 0x4cd4287fb07475af45919d9a035619215dc7e49a2be237b2c2db5fca733b1a86
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

Craig Wright’s many attempts to show ‘proof’ he is Satoshi …pic.twitter.com/4Lw6dtBIqE

— Alistair Milne (@alistairmilne) August 31, 2019

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.