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.
EghtesadOnline: What’s supposed to be the most volatile asset in the universe is proving to be a bastion of stability compared with wild swings and carnage in global equities this week.
EghtesadOnline: Cryptocurrencies continued to whipsaw investors, sending Bitcoin to its lowest level since October before recovering, as worries over tighter regulation by U.S. authorities and central bankers elsewhere gave traders fresh reasons to exit after a brutal start to 2018.
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.