Cryptocurrency Prices Rise; Iran described the details of the National Cryptocurrency
Bitcoin rose 2.4% to $ 6900 on the Bitifinex Stock Exchange.
Ethereum traded at $ 284.98, up 2.2% on the Bitifinex stock exchange.
Similarly, the price of Litecoin rose 4.3% to $ 60.37.
The Information Services Authority (ISC) of the Central Bank of Iran revealed that the riyal coming from the currency of the country will be supported by the riyal. Developed on Linux-based Hyperledger Fabric. The digital currency can not be extracted as developed under the private infrastructure, and the source is the central bank of Iran, and the size of the issuance depends on the decision of the bank, according to the International Study Center.
“Infrastructure is supposed to serve as an ecosystem available to Iranian banks and companies active in cryptocurrencies after testing and reviewing,” IBENA said.
In other news, three of the country’s largest mining equipment manufacturers, Bitmain, Canaan Inc. and Ebang International Holdings, are planning to raise billions of dollars with initial IPOs in Hong Kong. These three companies are designing advanced computer chips for mining cryptocurrencies and selling mining equipment with chips.
“The significant drop in the price of the Betcairn since the beginning of the year is likely to affect investors’ interest in these companies,” said Benjamin Quinlan, chief executive of financial services consultancy Quinlan & Associates. “The low price of the Betcairn was not matched by a similar drop in the number of people By mining it.”