Bitcoin
BTC$26 957.64

2.27%

Ethereum
ETH$1 651.20

2.85%

Tether
USDT$1.000031

0.08%

Binance Coin
BNB$214.84

1.39%

XRP
XRP$0.510041

2.38%

USD Coin
USDC$1.000175

0.02%

Europe will not ban bitcoin mining


03 Mar 2022

#Bitcoin

Bitcoin slowed down ahead of strong mid-February resistance at $45,000, which then turned the move down. The first cryptocurrency in recent days has not paid too much attention to stock indices, which rose on Wednesday. The technical picture continues to point to a break in the downtrend, although to confirm the reversal, the rate must first fix above 45K.

It must be said that bitcoin trading volumes have increased markedly in the last week. On February 28th BTC jumped by 11%, showing the highest growth in many months.

In the EU, it was previously discussed that since Bitcoin and Ethereum use the Proof-of-Work consensus mechanism, which consumes a lot of electricity and has a negative impact on the environment, it's time to ban the mining of these cryptocurrencies.

However, it was decided to abandon this idea following the new version of the bill on digital assets. Technically, Bitcoin slowed down on Wednesday after two days of active strengthening, and on Thursday morning, it rolled back to 43.1K, losing 2.2% in the last 24 hours. Ethereum is down 3.3% 0.6% in the same period. Leading altcoins from the top ten lose from 1% (Terra, XRP) to more than 5% (Avalanche).

The total capitalization of the crypto market, according to CoinMarketCap, decreased by 2.5% to $1.09 trillion. The Bitcoin Dominance Index is hovering around 43.1%. The Cryptocurrency Fear and Greed Index fell 13 points to 29, once again ending up in the fear zone.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 96% 2 $26 957.64 2.27% 1.25% $525 640 389 351 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 89.2% 5 $1 651.20 2.85% 3.57% $198 533 811 997 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 93.2% 1 $1.000031 0.08% 0.01% $83 279 163 207 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 92% 4 $214.84 1.39% 1.43% $33 052 667 934 BNB 7 days price change
5 XRP (XRP) XRP XRP predictions 91.6% 9 $0.510041 2.38% -0.38% $27 191 480 431 XRP 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 93.6% 1 $1.000175 0.02% 0.01% $25 593 952 177 USDC 7 days price change
7 Lido stETH (STETH) STETH Lido stETH predictions 95.6% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
8 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 86.8% 24 $0.088795 4.50% 6.75% $9 028 313 978 WTRX 7 days price change
9 Cardano (ADA) ADA Cardano predictions 92.4% 6 $0.250543 2.68% 1.79% $8 801 173 691 ADA 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 93.2% 5 $0.061482 1.67% -0.22% $8 681 310 550 DOGE 7 days price change
11 Solana (SOL) SOL Solana predictions 88% 20 $20.19 5.11% 2.68% $8 334 534 611 SOL 7 days price change
12 TRON (TRX) TRX TRON predictions 87.2% 22 $0.087706 2.85% 5.13% $7 813 140 472 TRX 7 days price change
13 Toncoin (TON) TON Toncoin predictions 58.4% 84 $2.21 2.18% -4.32% $7 589 175 931 TON 7 days price change
14 Dai (DAI) DAI Dai predictions 94.8% 1 $0.999902 0.03% -0.03% $5 347 363 215 DAI 7 days price change
15 Polkadot (DOT) DOT Polkadot predictions 89.6% 7 $4.07 1.98% 1.29% $5 005 321 925 DOT 7 days price change

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