In line with regulations, Canadian crypto exchanges are introducing measures to cap the annual buy limit for selected cryptoassets at CAD 30,000 (USD 23,250) per year - and these exclude (only) four large coins.
While the cap will not impact Canadian crypto investors’ capacity to invest in some of the leading coins, it is likely to cut their purchases of a wide range of altcoins….
Read More: Canadian Exchanges’ Cap on Annual Purchases Excludes Only Bitcoin, Ethereum, Litecoin and Bitcoin Cash…
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Bitcoin price started a fresh decline below the USD 24,000 support zone. BTC even traded below the USD 23,500 support zone. It is currently (04:00 UTC) down 2% and struggling to stay above the USD 23,200 support zone.
Similarly, most major altcoins are showing several bearish signs. ETH declined and traded below the USD 1,850 support zone. XRP is still consolidating near the USD 0.370 level. ADA traded below the key USD 0.55 support zone.
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Read More: Bitcoin and Ethereum Grind Lower, CEL Rallies 15%…
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Russian bitcoin (BTC) miners reportedly used a whopping 1.25 gigawatts (GW) of electrical power to fuel their activities in 2021, almost double their total for 2020 – as the industry continues to expand in the nation.
Per Novie Izvetiya, Intelion Data Systems experts calculated that altcoin mining efforts last year may have used up to 0.625GW worth of electricity….
Read More: Russian Bitcoin Miners ‘Used 1.25GW’ to Power Their Rigs Last Year, Double the 2020 Total – Report…
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Bitcoin price struggled to stay above the USD 24,000 level. BTC is currently (11:20 UTC) moving lower and approaching the USD 23,500 support. A clear move below USD 23,500 might spark a sharp decline.
Besides, most major altcoins are slowly moving lower. ETH is approaching the USD 1,850 support zone. XRP failed to retain gains and stayed below USD 0.388. ADA might dive if it breaks the key USD 0.55 support zone.
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Read More: Bitcoin and Ethereum Could Break Lower As Bulls Struggle…
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Bitcoin price struggled to clear the USD 24,500 resistance zone. BTC slowly moved below the USD 24,200 and USD 24,000 levels. It is currently (04:00 UTC) struggling and might continue to move down towards the USD 23,500 level.
Besides, most major altcoins are struggling to clear key hurdles. ETH settled below USD 1,900, but it is still above USD 1,850. XRP is slowly moving higher towards USD 0.40. ADA is still above the key USD 0.55 support zone.
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Read More: Bitcoin and Ethereum Continue To Struggle, EOS Surges…
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Bitcoin price is trading near the USD 24,000 pivot level. BTC is still above the USD 23,500 support zone. It is currently (04:00 UTC) consolidating and might start another increase unless there is a clear move below the USD 23,500 support.
Besides, most major altcoins are consolidating near key support levels. ETH is still above the USD 1,850 support zone. XRP is stuck near the USD 0.37 level. ADA is holding the key USD 0.55 support zone.
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Read More: Bitcoin and Ethereum Consolidate Near Key Supports…
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Bitcoin price attempted another upside break above the USD 25,000 resistance but failed. BTC formed a short-term top and corrected lower below USD 24,500. It is currently (11:30 UTC) showing a few negative signs, with major support at USD 23,500.
Besides, most major altcoins are correcting lower. ETH is down over 4% and trading below USD 1,920. XRP declined and traded below the USD 0.3666 level. ADA is struggling to stay above the USD 0.55 support zone.
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Read More: Bitcoin and Ethereum Correct Gains, Key Support Intact…
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Bitcoin price remained well bid above the USD 24,200 support zone. BTC even climbed above USD 24,500 and tested USD 25,000. It is currently (04:00 UTC) consolidating and eyes more upsides above the USD 25,000 level.
Besides, most major altcoins are showing positive signs. ETH surpassed USD 2,000 and started a consolidation phase. XRP might attempt an upside break above USD 0.388. ADA could rise towards the USD 0.60 resistance.
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Read More: Bitcoin and Ethereum Signal Bullish Continuation, SHIB Rallies 30%…
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Bitcoin price struggled to clear the USD 24,200 resistance zone and moved below USD 24,000 again. It is currently (11:49 UTC) trading near USD 23,800 and is down almost 4% in a day and up 5% in a week.
Besides, most major altcoins are also moving lower. ETH could accelerate lower if it breaks the USD 1,850 support. XRP is struggling to clear the USD 0.385 level. ADA might drop towards the USD 0.512 support.
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Read More: Bitcoin and Ethereum Keep Moving Lower, HT Rallies…
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Bitcoin price gained pace after it broke the USD 24,200 resistance zone. BTC even climbed above USD 24,500, but it failed to test USD 25,000. It is currently (04:17 UTC) trading near USD 24,000 and is down 1% in a day and up 6% in a week.
Besides, most major altcoins are consolidating gains. ETH is trading near USD 1,900 and eyeing more gains. XRP might attempt an upside break above USD 0.385. ADA is facing a major hurdle near the USD 0.55 level.
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Read More: Bitcoin and Ethereum Trim Gains, BTG and ETC Outperform…
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