EghtesadOnline: A study conducted by the High Council of Cyberspace shows total bitcoin trade in Tehran alone amounts to approximately 30-40 trillion rials ($130-174 million), the council's secretary, said.
EghtesadOnline: Crypto analysts believe Bitcoin price is set for a near-term rally as a key technical pattern points toward $9,800.
EghtesadOnline: The government of Iran is said to have issued a license to Turkey-based iMiner to mine bitcoin in Iran.
EghtesadOnline: Bitcoin is up 2% and it broke the $7,600 resistance area against the US Dollar. However, BTC price is likely to face a strong resistance near $8,000 in the near term.
EghtesadOnline: The Energy Ministry has agreed on a tariff for electricity used in cryptocurrency mining, the head of Iran Electrical Industry Syndicate said.
EghtesadOnline: The production of a single unit of bitcoin withdraws about 200 million rials ($1,400) in state subsidies, the Energy Ministry’s spokesman for the power department said.
EghtesadOnline: Bitcoin leapt across the $9,000 mark on Sunday, boosted by reports that Facebook is soon set to launch its own cryptocurrency.
EghtesadOnline: Iranian sources say that some of them are no longer able to access the cryptocurrency swap platform ShapeShift, even when using virtual private networks (VPNs). As such, the sanctions appear to be already impacting Iranians who want to make lawful use of cryptocurrencies.
EghtesadOnline: Bitcoin pared its gains rather than break above $10,000, triggering a selloff in other large digital coins.