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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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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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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Bitcoin price started a fresh increase above the USD 23,500 resistance and settled above the USD 24,000 level. It is currently (12:20 PM UTC) trading just above USD 24,500 and is up almost 7% in a day and over 7% in a week.
Similarly, most major altcoins are eyeing further gains. ETH might climb further above USD 1,900 and might test the USD 2,000 resistance. XRP could gain pace if it clears USD 0.385. ADA is facing resistance near USD 0.55.
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Read More: Bitcoin and Ethereum Extend Gains, LDO and CEL Outperform…
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Bitcoin price formed a strong base above USD 22,650 and rallied on US inflation news yesterday. BTC is now (03:59 UTC) trading near the USD 24,400 level and is up over 6% in a day and almost 7% in a week.
Similarly, most major altcoins are eyeing more upsides. ETH rallied over 12% and surpassed the USD 1,880 resistance. XRP might test the USD 0.40 resistance while ADA is approaching the USD 0.55 resistance.
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Read More: Bitcoin and Ethereum Keep Inching Higher, CEL Doubles in a Week…
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