Bitcoin price accelerated lower below the USD 23,200 support. BTC traded below the USD 22,000 support zone and tested USD 21,000. It is currently (04:00 UTC) consolidating losses and facing many hurdles near USD 22,000.
Similarly, most major altcoins are back in a bearish zone. ETH dived below the USD 1,750 and USD 1,650 support levels. XRP tested the USD 0.335 support zone. ADA is consolidating above the USD 0.45 support.
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Read More: Bitcoin and Ethereum Trend Negative, BNB Shines…
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Bitcoin price started a major decline below the USD 23,000 level. BTC traded below the USD 22,500 and USD 22,000 support levels. It is currently (11:20 UTC) down over 7% and trading well below USD 22,000.
Similarly, most major altcoins are down heavily. ETH traded below the USD 1,750 support level. XRP failed to stay above the key USD 0.35 support zone. ADA declined sharply below the USD 0.50 and USD 0.48 support levels.
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Read More: Bitcoin and Ethereum Take Hit, Altcoins Tumble…
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South Korean prosecutors are reportedly set to investigate the company behind an Ethereum (ETH)-based altcoin named Kok Play over allegations of fraud.
The coin is, per its white paper, the brainchild of the Kok Foundation, and has been listed on a number of large international crypto exchanges. Its value grew by a whopping 2,205% in 2021, but the coin has since fallen from over USD 6.50 to under USD 0.30 at the time of writing (9:42 UTC on Friday morning), per CoinMarketCap data….
Read More: South Korean Kok Play Token Masterminds Reportedly Face Prosecution Probe, Investors ‘Must Escape Now’…
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Bitcoin price followed a bearish path below the USD 23,500 support. BTC even traded below the USD 23,200 support zone. It is currently (04:00 UTC) struggling below USD 23,000 and might continue to move down.
Similarly, most major altcoins are gaining bearish momentum. ETH extended losses and tested the USD 1,800 level. XRP is down 4% and approaching the USD 0.35 support. ADA declined sharply and traded below the USD 0.50 support.
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Read More: Bitcoin and Ethereum Lose Ground, Altcoins Dive…
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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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