The Latest News about Cryptocurrency

Embattled headphone manufacturer Monster Products Inc. has applied to U.S. regulators to launch a giant $300 mln Initial Coin Offering, a Securities and Exchange Commission filing signed May 25 confirms.

Bitcoin has become a household name across nations, but the future of the world's leading cryptocurrency remains uncertain.

Bitcoin is working its way through the key supply zone above $7,500 and could test resistance at $7,870 in the next 24 hours, the technical charts indicate.

A popular Chinese mobile stock trading app appears to have removed its cryptocurrency price tracking feature just two weeks after the new service went live - possibly due to regulatory rumblings in the country.

Last week, Secretary of State of Colorado Wayne Williams proposed a new set of rules for financing political campaigns, which now includes a section on cryptocurrencies.

That's the growing complaint among investors who are passionate about blockchain technology but frustrated with a lack of tangible progress on professional risk management strategies across major token projects.

Chinese President Xi Jinping - the leader of the world's second-largest economy - has described blockchain as accelerating "Application breakthroughs."

Hashed, Korea's largest blockchain fund and accelerator of the ICON Foundation is uniquely shaping the Korean blockchain industry by finding and nurturing nascent projects.

Hong Kong Monetary Authority, the region's de facto central bank, currently has no plan to issue a central bank digital currency, a high level government official said on Wednesday.

Driving the defense is the ideological belief that lacking sufficient competitors, ASIC manufacturer Bitmain commands too substantial a portion of the network share, a market reality that threatens to undermine the open, decentralized participation that cryptocurrencies strive for.

The growth of the cryptocurrency market is currently stalling.

A branch the Dutch government has recently released an economic risk report, claiming that cryptocurrencies present a low risk to financial stability in the country, according a report published on May 29.

ConsenSys, MakerDAO, and Dether joined forces to launch Bifrost.

CLS, a provider of foreign exchange settlement and processing, has invested $5 mln in R3, a New-York-based blockchain consortium, Reuters reported May 30.

The Central Bank of Russia released a report May 30, stating that crypto assets do not currently threaten global financial stability as the global volume of crypto transactions is very low.

Businessman and crypto advocate John McAfee is releasing his own "Fiat" currency backed by cryptocurrency, the McAfee Redemption Unit, on June 25, according to his tweet from yesterday, May 29.No hoax.

We had recommended buying the leading cryptocurrency on a sharp fall below $7,000 in our previous analysis, but the bulls held on to the $7,100 levels on May 28 and May 29.The current rebound will face resistance at the downtrend line and above that at the 20-day EMA, which is at $7,963.

The government of Quebec will reportedly lift its moratorium on the sale of electricity to cryptocurrency miners, sources familiar with the matter told local news Le Journal De Montreal May 30.

Following Real Madrid's recent Champions League triumph and the conclusion of the club soccer season, the world eagerly awaits the 2018 World Cup in Russia.

Monster Products, Inc. has been losing money for years, but a $300 million initial coin offering may be what it takes to turn the company around.

South Korea's National Assembly - the legislative body of the East Asian Nation - has officially proposed to allow domestic Initial Coin Offerings.

A company has launched a new blockchain-powered identity verification app to help users avoid online fraud during internet transactions.

The Telecom Regulatory Authority of India is planning to use blockchain to prevent unsolicited telemarketing communications, Business Standard reports today, May 30.Trai claims that the technology will enable regulators to accurately track 'pesky' telemarketing spammers, who often use unregistered 10-digit phone numbers to evade tracking.

The development team of the zcash cryptocurrency has released new software that contains support elements of the network's planned Sapling upgrade, set to take place later this year.

Cloud-based supply chain company Tradeshift said it would push blockchain development with cash it received from its latest funding round Wednesday, May 30.The Series E round, which included Goldman Sachs among its major contributors, was worth $250 mln, bringing the total investment funding to over $400 mln.

A maker of mobile games based in Japan has launched a $30 million investment fund focused on cryptocurrencies and blockchain.

EOS' move from the ethereum blockchain to its own mainnet is just a couple of days away, yet its native cryptocurrency is looking indecisive on the price charts.

The BlockShow Europe 2018 conference ended yesterday, May 29, after two days of panels and speakers, including Wikipedia founder Jimmy Wales and BTCC co-founder Bobby Lee.Speaking about the conference, Bobby Lee told Cointelegraph: "I think conferences are important to get the word out there, to educate people and help them learn about cryptocurrency and blockchain. This is how we get on-board the next billion people."

Computer hardware giant Asus has debuted a new product aimed specifically at cryptocurrency miners.

Recent analysis of Initial Coin Offerings has found that the average ICO investor sees returns of 82 percent, according to report published by the Boston College Carroll School of Management May 20.The 54-page report, titled 'Digital Tulips? Returns to Investors in Initial Coin Offerings,' found evidence of "Significant ICO underpricing" after analyzing a dataset of over 4,000 planned and realized ICOs.