Three power plants in Iran have been given the green light to provide their surplus energy to Bitcoin miners to ramp up their revenue and ease pressure on the national grid. The head of Iran's Thermal Power Plant Holding Company (TPPH), Mohsen Tarztalab, announced the news yesterday, revealing

Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most

The canton of Zug, Switzerland, colloquially known as "Crypto Valley," has taken an enormous stride toward cryptocurrency adoption by enabling tax settlement in bitcoin and ether. Zug will accept tax payments in both cryptocurrencies as early as 2021. Following a pilot expected to take place within the next

On August 27th, Federal Reserve Chairman Jerome Powell delivered his much-awaited speech on U.S. monetary policy. Analysts say that Powell’s comments, which indicated that increased and continued inflation should be expected, are set to bolster Bitcoin's long-term price trajectory.  What Did Jerome Powell Say? Jerome Powell&

Dennis Lockhart, who served as the president of the Atlanta Federal Reserve for a decade, believes the U.S. economy may experience a “double-dip.” Considering the Fed’s new policy which targets a 2% average inflation rate, Bitcoin could stand to benefit. If the “Pessimistic” Double-Dip Scenario Happens, Bitcoin Could

Global Macro Investor CEO Raoul Pal believes Bitcoin could outperform gold over the long term, arguing that while both stores of value benefit from inflation, Bitcoin has a significantly higher potential upside than the precious metal. At the Jackson Hole Symposium on Thursday, Federal Reserve chair Jerome Powell announced the

The U.S. Federal Reserve chair Jerome Powell gave the much anticipated Jackson Hole speech on August 27th. As strategists expected, Powell addressed inflation and the Fed’s intent to adjust its monetary policy.  Theoretically, the speech should have buoyed the sentiment around Bitcoin and gold. The Fed said it

The narrative that China could gain control of the majority over the Bitcoin network’s hashrate has been around for a while. Although many large-scale mining centers are based in China, it is not as simple as taking over all of the miners in the country. It is extremely complicated,