Friday, February 21, 2020

Ripple reaches Puerto Rico, BTC sustains the dip: 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!

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Crypto bulletin

Ripple expands the business to Iceland

Ripple has announced the launch of its operations in Iceland. On the way to expand its presence in Europe, the blockchain leader has added new engineers to Ripple’s ranks with its acqui-hire of Icelandic crypto trading firm Algtim. The new team is set to play a vital role in the On-Demand Liquidity Program.

 

Binance.US accessible to Puerto Ricans 

Binance.US opens account registration and verification services for the residents of Puerto Rico. The residents will be required to provide a valid government ID and social security number to complete the registration. Puerto Ricans will have access similar to the US residents sanctioned to use the platform and are offered zero trading fees until November 1. 

Crypto Ratings Council established to rate crypto

The major US-based exchanges have come together to develop the Crypto Ratings council – a system to rate the assets and jointly define which of them are securities. Coinbase and Kraken along with Bittrex, Circle Internet Financial, Genesis Global Trading, Grayscale Investments, Anchor Labs and DRW Holdings’ Cumberland unit are the council members, but new firms can be recruited. The council will publish online ratings for cryptocurrencies on a scale of 1 to 5. The highest value will indicate that the digital asset can not be issued, traded, or sold by unregulated firms.

 

Bitcoin Price

Current Bitcoin Price – $8,280.15

Yesterday, Bitcoin opened at a price of $ 8,246.04. The fluctuations drove it to the lowest value of $7,990.50 and the highest value of $8,261.71 in 24 hours. Bitcoin closed at $8,104.19 and saw an increase/a decrease of 1.72% throughout the day.                                

The crypto coin is still below its all-time high value of $20,089.00 by 58.95%.

Ethereum Price

Current Ethereum Price – $177.91

Yesterday, Ethereum opened at $174.61. The fluctuations drove it to the lowest value of $167.00 and the highest value of $175.21 in 24 hours. Ethereum closed at $170.50 and saw an increase/a decrease of 2.35% throughout the day.

The crypto coin is still below its all-time high value of $1,432.88 by 87.81%.

Ripple Price

Current Ripple Price – $0.256776    

Yesterday, Ripple opened at $0.242592. The fluctuations drove it to the lowest value of $0.237544 and the highest value of $0.243348 in 24 hours. Ripple closed at $0.241388 and saw an increase/a decrease of 0.50% throughout the day.

The crypto coin is still below its all-time high value of $3.84 by 93.68%.

Litecoin Price

Current Litecoin Price – $55.75    

Yesterday, Litecoin opened at $55.71. The fluctuations drove it to the lowest value of $53.00 and the highest value of $55.89 in 24 hours. Litecoin closed at $54.32 and saw an increase/a decrease of 2.49% throughout the day. 

The crypto coin is still below its all-time high value of $375.29 by 85.15%.

Cardano Price

Current Cardano Price – $0.038949

Yesterday, Cardano opened at $0.038828. The fluctuations drove it to the lowest value of $0.036642 and the highest value of $0.038917 in 24 hours. Cardano closed at $0.037486 and saw an increase/a decrease of 3.46% throughout the day.

The crypto coin is still below its all-time high value of $1.33 by 97.08%.

 

Bitcoin Market Cap

The day ended with $148,760,386,890 for the Bitcoin Market Cap.

 Ethereum Market cap

The day ended with $19,206,568,965 for the Ethereum Market Cap.

 Ripple Market cap

The day ended with $11,061,933,544 for the Ripple Market Cap.

 Litecoin Market cap

The day ended with $3,532,829,284 for the Litecoin Market Cap.

Cardano Market cap

The day ended with $1,009,833,962 for the Cardano Market Cap.

 

Bitcoin Trading Volume

The 24-hour trading volume of Bitcoin – $16,567,410,748

Ethereum Trading Volume

The 24-hour trading volume of Ethereum – $7,501,527,187

Ripple Trading Volume

The 24-hour trading volume of Ripple – $1,547,013,316

Litecoin Trading Volume

The 24-hour trading volume of Litecoin – $2,251,831,965

Cardano Trading Volume

The 24-hour trading volume of Cardano – $49,008,513    

 

Whale alerts

Crypto enthusiasts beware of these whales

  1. 2,757 BTC ($22,187,190 USD) transferred from Coinfloor.Co.Uk to an unknown wallet. Transaction ID: 48170865bbc242d7cfadcc06c3728cc0e3bb68e296d0271193e69bf37d2fbe4e
  2. 11,088,632 USDT ($11,086,543 USD)transferred from an unknown wallet to Binance. Transaction ID: a47a3280e0c39d8f2aef58d6afd99c68ea99964fd6e29289064b7863431ba573
  3. 714 BTC ($5,749,702 USD) transferred from an unknown wallet to Coinbase. Transaction ID: b96ca96825488c8a39e5f4a216f721151a1d4ffa2d1be6a5ff2c2e4c32f8111e

 

Crypto controversy

NYC French restaurant makes way for crypto, accepts major digital coins.

Upper Westside -NYC French Restaurant La Sirene NYC accepting crypto! from r/CryptoCurrency

 

What to expect today?

Crypto bears have clawed deeper into the crypto market, trouncing the bulls as bitcoin continues to linger around $8,000. Will the bulls succeed in pulling up the prices or bitcoin slide to new lows?

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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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