Power plants in Iran can mine cryptocurrencies such as Bitcoin, but they cannot benefit from subsidies, said deputy head of Tavanir.
A general of Iran has advocated the use of cryptocurrency to escape US sanctions imposed on the country by Trump's administration.
Crude oil price dropped below $48.50 area quite impulsively with a daily close and may continue further towards the $45 area in the upcoming days.
The EURUSD pair is moving higher and may continue towards 1.0920 area as a retracement. Despite the intense bearish pressure, the bulls can retrace higher.
Gold in Sidelines may Retrace lower towards $1560 area before continuing the Bullish. As the price remains above $1550, the Bullish Bias to continue
Gold Reaches Highest Peak? Bulls managed to push price above $1562 area. Let's check Gold Technical Analysis for more levels and insights.
Gold rising higher after U.S. China Historic Trade Deal as official signing of Trade Pact 1 is done. Gold may head higher towards $1600 area.
In a bid to counter the dominance of the US Dollar, the Iranian President Hassan Rouhani has proposed to create a cryptocurrency for Muslim countries.
Iran government proposes annual license for Bitcoin and cryptocurrency mining. The miners needs to submit required documents before continuing mining.
Crude oil price plunges today after Iran announced that it had captured another vessel in the Persian Gulf.