EghtesadOnline: A growing number of big U.S. credit-card issuers are deciding they don’t want to finance a falling knife.
EghtesadOnline: For Bitcoin investors, these are the times that try one’s soul.
EghtesadOnline: Bitcoin whipsawed investors, falling below $8,000 for the first time since November before recovering most of Friday’s losses, as a miserable 2018 continued for cryptocurrencies.
EghtesadOnline: In what was the strongest rebuke of the Central Bank of Iran to cryptocurrencies yet, the governor of the monetary regulator has said it “does not approve of Bitcoin in any way”.
EghtesadOnline: The Central Bank of Iran's governor, in his first public comments on Bitcoin, has urged Iranian investors to exercise caution in trading the popular cryptocurrency.
EghtesadOnline: Although some called for allowing moneychangers to deal in virtual currencies, especially the ubiquitous Bitcoin, all Iranian bureaux de changes are currently prohibited from engaging in deals involving cryptocurrencies.
EghtesadOnline: Majlis Economic Commission is to hold a top-level multilateral meeting to discuss the fast-growing cryptocurrency Bitcoin in the coming days, the head of the parliamentary commission said.
EghtesadOnline: Iran’s High Council of Cyberspace, one of the main entities deciding the fate of virtual currencies in Iran, has welcomed the idea of Bitcoin and other cryptocurrencies if they are harnessed by clearly-stated regulations.
EghtesadOnline: Bitcoin is proving that investing in digital currencies isn’t for the faint of heart. After plunging as much as 29 percent from a record high following the cancellation of a technology upgrade on Nov. 8, the largest cryptocurrency came roaring back in early trading Monday before fluctuating between gains and losses.
EghtesadOnline: Bitcoin slumped as the cancellation of a technology upgrade prompted some users to switch out of the cryptocurrency, spooking speculators who had profited from a more than 500 percent surge this year.