Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Fines for Crypto Miners
Iran Energy Ministry Issues Fines for Crypto Miners Using Household Electricity
According to Tehran Times, Iran Energy Ministry spokesman Mostafa Rajabi stated that cryptocurrency miners using household electricity in Iran would face a "heavy fine." Besides the "heavy fine," those captured by the government will also pay for the harm to the electricity supply in the country. Crypto mining is one of Iran's two most significant electricity threats this year. As has reduced the power produced by hydropower plants due to lack of rain, Rajabi added. In light of these questions,…
4 years ago