After a few days of hardship and development Bitcoin The past few hours are showing a lot of effort in breaking $ 9,000, the growth of bitcoin is also a source of motivation for other altcoins to rise.

Bitcoin price movement over the past 24 hours
Bitcoin price movement over the past 24 hours

Bitcoin exchange rate Today (1/28) recorded at 9h50 at $ 9,082, up 5.08% compared to the previous 24 hours.

Within 24 hours, the highest bitcoin price was recorded at $ 9,138 and as low as $ 8,554, according to CoinDesk exchange rates.

Bitcoin currently has a market value of 165 billion USD, accounting for 66.1% of the total market capitalization.

On today's market filled with green, there are 72/100 cryptocurrencies rising against the previous 24 hours.

Overview of the cryptocurrency market
Overview of the cryptocurrency market

Among the top 10 digital currencies by market value, with the exception of tether, all currencies gained against the previous 24 hours.

Top 10 cryptocurrencies by market capitalization
Top 10 cryptocurrencies by market capitalization

The total market capitalization of the digital currency recorded at 9.50am at $ 249.53 billion, up $ 12 billion from the previous 24 hours.

Total market capitalization of cryptocurrencies
Total market capitalization of cryptocurrencies

The volume of 24-hour transactions on the market increased sharply to 111.19 billion USD, up 28.19 billion USD compared to 27/1.

Iran licenses more than 1,000 cryptocurrency mining companies

The popularity of cryptocurrency mining in Iran due to low electricity costs has now been specified. In the latest news, the Ministry of Industry, Mining and Trade has licensed more than 1,000 cryptocurrency mining units.

Previously only a limited number of mining companies were allowed to operate across the country.

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Amir Hossein Saeedi Naeini, an official at Iran's ICT Guide, said in an interview with the IBENA newspaper that many Iranians were attracted to the cryptocurrency mining industry.

“Our research shows that the cryptocurrency mining industry has the potential to add $ 8.5 billion to the economy,” he said.

He also suggested adjusting electricity prices that could increase cryptocurrency mining and generate more revenue.

The World Economic Forum establishes a federation for digital currencies

Launched on January 24, the federation aims to bring financial institutions closer together, with government representatives, software developers, and other members of the global community to identify What governance is needed for digital currencies to achieve the goal of comprehensive financial solutions.

WEF President Klaus Schwab commented that cryptocurrencies are “a key area of ​​interest for the Forum”. This industry “requires the participation of a wide range of fields, functions and geographies”.

“Based on our long history of public-private partnerships, we hope to establish this federation will foster the dialogue needed to create a strong legal framework for digital currency management. bridge, ”he said.

The federation also includes central banks from developing countries as well as Mark Carney of the Bank of England and several non-governmental organizations.

This news comes just days after WEF's blockchain leader, Sheila Warren, and project expert Sumedha Heshmukh launched the “Blockchain Rights Law” written by this group.

The SEC confronts Telegram, making TON an experiment

Earlier this week, the CDC Digital Chamber of Commerce offered advice for the ongoing trial of Telegram, the widely used encrypted messaging service, and the U.S. Securities and Exchange Commission SEC.

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The advice was written by Sidley representative Austina Tessler, partner and New York director of Sidley Austin.

In its profile, the CDC makes a series of debates about how the South New York District Court should consider digital currencies.

CDC requires the law to clarify the difference between the term “digital assets”, the subject of securities investment and trading contracts related to this asset.

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