Crypto bulletin
Russian hockey player detained over crypto scam
Russian Ice hockey winger, Igor Musatov is charged for an $800,000 cryptocurrency fraud and sentenced to one month of imprisonment. The former player is accused of deceiving the CEO of an IT company while making a deal related to bitcoins.
Facebook executive declines Libra’s threat to monetary sovereignty
David Marcus, in a tweet, clarified that Libra is designed to improve payment network and doesn’t pose any threat to the fiscal sovereignty of nations. Libra has been under regulations since its announcement. David stated that they would continue to address the concerns of Regulators and central banks.
21-year-old Australian charged for million-dollar crypto scam
Jasmine Vella-Arpaci has been accused of 53 counts of fraud and thefts. Mother to an infant, the young scammer is reportedly charged for shipping millions of dollars through the use of cryptocurrencies. Although granted bail, Jasmine will appear before the court on 11th February 2020.
Investments in blockchain and crypto see a descending pattern.
PwC has reported a fall in crypto and blockchain investments. When compared, the ICOs in 2018 raised around six billion dollars, whereas, the amount raised this year was rounded up to $346 million.Â
FATF orders crypto exchanges to disclose users’ data
Under FATF’s new guidelines, the crypto exchanges must unveil their customers’ data to other financial institutions if any transaction is equal or above $1000. With the implementation of this rule, the force aims to bring crypto trading platforms under the same category as traditional financial institutes.
Bitcoin Price
Current Bitcoin Price – $10,217.19
Yesterday, Bitcoin opened at a price of $10,347.22. The fluctuations drove it to the lowest value of $10,189.74 and the highest value of $10,386.87 in 24 hours. Bitcoin closed at $10,276.79 and saw a decrease of 0.68% throughout the day. The crypto coin is still below its all-time high value of $20,089.00 by 48.28%.
Ethereum Price
Current Ethereum Price – $199.01
Yesterday, Ethereum opened at $189.69. The fluctuations drove it to the lowest value of $189.69 and the highest value of $198.20 in 24 hours. Ethereum closed at $197.11 and saw an increase of 3.91% throughout the day.
The crypto coin is still below its all-time high value of $1,432.88 by 86.16%.
Cardano Price
Current Cardano Price – $0.047555
Yesterday, Cardano opened at $0.046815. The fluctuations drove it to the lowest value of $0.046099 and the highest value of $0.047662 in 24 hours. Cardano closed at $0.047071 and saw an increase of 0.55% throughout the day.
The crypto coin is still below its all-time high value of $1.33 by 96.41%.
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Bitcoin Market Cap
The day ended with $183,306,288,475 for the Bitcoin Market Cap.
Ethereum Market cap
The day ended with $21,448,884,551 for the Ethereum Market Cap.
Cardano Market cap
The day ended with $1,232,969,213 for the Cardano Market Cap.
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Bitcoin Trading Volume
The 24-hour trading volume of Bitcoin – $15,131,532,907
Ethereum Trading Volume
The 24-hour trading volume of Ethereum – $8,310,218,894-
Cardano Trading Volume
The 24-hour trading volume of Cardano – $54,689,162
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Whale alerts
Crypto enthusiasts beware of these whales
- 2,001 BTC ($20,219,646) transferred from Okex to an Unknown wallet. Transaction ID:Â 16829df1635cda9f2a6c2145dc53fe01e5c306b2b99e9c96e68ef35ad4c7c47c
- 77,670 ETH ($14,675,117) transferred from an Unknown wallet to Huobi. Transaction ID:Â 0xcb11eea2e9ffca9dd29a8a6c219136878a10165921ad26f50da0c5260abd96f6
- 9,999,960 USDT ($10,056,645) transferred from an Unknown wallet to Bitfinex. Transaction ID:Â 0x22cab140fdae804a566ad7c83ba8aef5d7e2f7067ce5b78c183c5f56e50021b0
Crypto controversy
Silver watchdog compares bitcoin to the silver maniaÂ
Bitcoin vs Silver Mania
Can you find fair value on these charts? pic.twitter.com/6hNR2x07Aa
— Silver Watchdog (@Silver_Watchdog) September 17, 2019
What to expect today?
BTC dropped to $10,100 before a transient recovery to $10,300. The price is currently struggling at $10,200. Will we see a higher closing price, or will it still be stuck in a limbo?
