Criptos News

Latest news about blockchain and cryptocurrencies

Crypto Scam BitConnect Founder Reportedly Booked in India on Fresh Charges

The legal woes of Satish Kumbhani, the discredited founder of crypto scam BitConnect, continue - Indian police have booked him after a lawyer told the authorities that he had been defrauded out of close to BTC 220 (USD 5.2m) through a series of scams perpetrated by Kumbhani and others….Read More: Crypto Scam BitConnect Founder Reportedly Booked in India on Fresh Charges… Read more →

Canadian Exchanges' Cap on Annual Purchases Excludes Only Bitcoin, Ethereum, Litecoin and Bitcoin Cash

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 →

Russian Bitcoin Miners ‘Used 1.25GW’ to Power Their Rigs Last Year, Double the 2020 Total – Report

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. Read more →

Bitcoin and Ethereum Could Break Lower As Bulls Struggle

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. Read more →

Bitcoin and Ethereum Continue To Struggle, EOS Surges

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. Read more →