INDICES
Bitcoin
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Tehran’s Bitcoin Trade Is Estimated at $174m a Day
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.
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Classic Trendline Breakout Sets Bitcoin for $10K Retest, Traders Say
EghtesadOnline: Crypto analysts believe Bitcoin price is set for a near-term rally as a key technical pattern points toward $9,800.
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A new licensed bitcoin mining farm is getting set up in Iran
EghtesadOnline: The government of Iran is said to have issued a license to Turkey-based iMiner to mine bitcoin in Iran.
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Bitcoin Is Losing Bullish Momentum: Technicals Show A Correction At $8K
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.
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Iran: Special Electricity Tariff for Cryptocurrency Miners
EghtesadOnline: The Energy Ministry has agreed on a tariff for electricity used in cryptocurrency mining, the head of Iran Electrical Industry Syndicate said.
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Bitcoin Mining Taking Toll on Iran Power Network
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.
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Bitcoin Climbs Above $9,000 For First Time in Over a Year
EghtesadOnline: Bitcoin leapt across the $9,000 mark on Sunday, boosted by reports that Facebook is soon set to launch its own cryptocurrency.
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Iran Bitcoin Users Affected By US Sanctions
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.
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Bitcoin Trembles at $10,000 Level, Pares Gains With Rival Coins
EghtesadOnline: Bitcoin pared its gains rather than break above $10,000, triggering a selloff in other large digital coins.