Latest crypto news

02 Oct, 2021 02:26 am

Here are some latest news regarding cryptocurrency;

1- Iranian government has permitted the licenced cryptocurrency miners to resume their work of cryptocurrency mining. The ban was imposed by Iranian former President Hassan Mouhani on May 26, 2021. An estimated 5% to 7% of cryptocurrency mining is done in Iran.

2- The securities and exchange commission of USA has postponed its decision on Bitcoin ETF application. An ETF is a type of security pegged to various coins and tokens which can be listed and traded on traditional exchanges.

3- Bitcoin shot to $48000 on October 1, 2021 liquidated over $270 Millions of crypto positions in an hour.

4- US federal Reserve Chairman Jerome Powell has announced that there is no plan for China style crackdown on cryptocurrency in USA.

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