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"Satoshi" wright loses Billions in BTC, FINMA approves crypto banks, MACD predicts a bear trap: Crypto In-Shorts

According to a court ruling, the self-professed Satoshi, Craig Wright, has lost half of his bitcoins to the Kleiman estate.

,   and  Daniel Walker
2 min read
Photo by Peio Bty / Unsplash

Crypto bulletin

According to a court ruling, the self-professed Satoshi, Craig Wright, has lost half of his bitcoins to the Kleiman estate. Accused of fraudulently seizing more than 300,000 bitcoin from David Klieman, Wright is expected to pay over 500,000 bitcoins as it is half of what he owned before Klieman’s death.

Let’s hope that Klieman doesn’t liquidate the judgment’s reimbursement immediately.

FINMA issues the world’s first crypto-focused banking licenses to SEBA and Sygnum. Switzerland has pioneered blockchain and crypto adoption and is breaking new ground by introducing fully functional crypto banks.

Bitcoin Price

Current Bitcoin Price – $10,172.80

Bitcoin opened for $10,126.30. The fluctuations drove it to the lowest value of $10,126.30 and the highest value of $10,512.33 in 24 hours. Bitcoin closed at $10,370.82 and saw an increase of 2.41% throughout the day. The crypto coin is still below its all-time high value of $20,089.00 by 47.67%.

Ethereum Price

Current Ethereum Price – $188.01

Ethereum opened at $186.74. The fluctuations drove it to the lowest value of $186.74 and the highest value of $193.44 in 24 hours. Ethereum closed at $188.93 and saw an increase of 1.17% throughout the day.

The crypto coin is still below its all-time high value of $1,432.88 by 86.49%.

Cardano Price

Current Cardano Price – $0.048857

Cardano opened at $0.049454. The fluctuations drove it to the lowest value of $0.048893 and the highest value of $0.050944 in 24 hours. Cardano closed at $0.049697 and saw an increase of 0.49% throughout the day.

The crypto coin is still below its all-time high value of $1.33 by 96.16%.

Bitcoin Market Cap

The day ended with $182,305,667,867 for the Bitcoin Market Cap.

Ethereum Market cap

The day ended with $20,059,777,878 for the Ethereum Market Cap.

Cardano Market cap

The day ended with $1,273,992,779 for the Cardano Market Cap.

Bitcoin Trading Volume

The 24-hour trading volume of Bitcoin – $15,640,690,179

Ethereum Trading Volume

The 24-hour trading volume of Ethereum – $6,366,545,911

Cardano Trading Volume

The 24-hour trading volume of Cardano – $58,903,980

Whale alerts

Crypto enthusiasts beware of these whales

  1. 147,932 ETH ($27,867,370) was transferred from an Unknown wallet to another Unknown wallet. Transaction ID: 0x5180fdfd756ef75fbddc4ec30758ff4543007ade4fefbce1dde93a159a1865ec
  2. 1,001 BTC ($10,171,219) transferred from Okex to an Unknown wallet. Transaction ID: 766853cf9763b18575ec9f5ad77a4622f4d767b7266bdef274f1d65232763039
  3. 2,999,996 USDT ($3,017,708) transferred from Okex to Huobi. Transaction ID: 0d3a88717dd57725e740d7e1dc3a1bf25edce4315781d74283531384d8b34046

Crypto controversy

Redditors believe that the emergence of terror-related FUDs has Bullish connotations.

New yet tired bitcoin hit-piecer/Bitcoin

Vietnam circumventing the ban on BTC

<blockquote class="reddit-card" >      <a href="https://www.reddit.com/r/Bitcoin/comments/cvx4mm/in_vietnam_btc_is_banned_but_these_honey_badgers/?ref_source=embed&amp;ref=share">In Vietnam BTC Is banned but these honey badgers always find a way</a> from      <a href="https://www.reddit.com/r/Bitcoin/">Bitcoin</a>    </blockquote>    <script async src="https://embed.redditmedia.com/widgets/platform.js" charset="UTF-8"></script>

What to expect today?

The (MACD) Moving Average Conversion Divergence’s drop below zero predicts a BTC crash, but historically, this trend has led traders into a bear trap. Caution should be exercised before making selling decisions as some analysts claim this low precedes a bull cycle.

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