The Latest News about Cryptocurrency

Arthur Hayes, CEO of BitMEX, appeared on CNBC and predicted that the world's leading cryptocurrency will reach a valuation of $50,000 by end-of-year.

Eric Piscini, former Global Blockchain Leader and Partner at one of the "Big Four" consulting firms, Deloitte, has left the company, Forbes reports May 14.

ETH/USDThe dip in Ethereum below the 20-day EMA was aggressively purchased on May 14, resulting in a move back to the overhead resistance of $745.Currently, the ETH/USD pair is looking strong as it is holding above the $700 levels.

Privately-held Taipei Fubon Commercial Bank has reportedly become the first bank in Taiwan to deploy a blockchain-based payment system, local media Taipei Times reports May 14.The bank announced that it deployed its blockchain-based payment system for restaurants and merchants near the National Chengchi University.

The Seminole County, Florida, tax collector Joel M. Greenberg announced May 14 that the county will begin accepting cryptocurrency for payment for various services this summer in order to eliminate heavy fees and improve payment accuracy and efficiency.

Joe Lubin, the founder of the ethereum startup studio Consensys, and Jimmy Song, a partner at Blockchain Capital, struck a handshake bet in front of an audience of hundreds, perhaps thousands, at CoinDesk's Consensus 2018 conference in New York City on Monday.

Cryptocurrencies took a beating at last week's Berkshire Hathaway annual shareholders meeting.

The question of whether self-regulation will help solve some of the cryptocurrency industry's problems was on full display Monday during CoinDesk's Consensus 2018 conference.

Rob Jesudason, the Chief Financial Officer of Australia's Commonwealth Bank, has left the bank to join a blockchain company, the Sydney Morning Herald reports May 14.

So the New York-based startup goTenna, founded in 2012 by Brazilian siblings Daniela and Jorge Perdomo, is partnering with Samourai Wallet to launch an Android app this summer that allows users to send bitcoin payments without an internet connection.

With a hard fork scheduled for May 15th, the price of Bitcoin Cash has increased 82% in the past month, bringing its total market cap to over $25 billion.

Crypto services firm AlphaPoint unveiled a new framework Monday aimed at supporting the launch of blockchain tokens backed by regulated assets.

Poland's Financial Supervision Authority is conducting a social media campaign about the risks of investing in cryptocurrency, according to a May 10 post on the KNF's website.

That's the guiding framework behind Clovyr, a new startup launched by two former JPMorgan blockchain employees that seeks to provide a new layer of enterprise-driven services between blockchains and user-facing applications.

Software developer Kx Systems has launched cryptocurrency trading on its white label forex trading platform Kx for Flow, the company reported in a blog post May 14.

Both of these goals are close to the hearts of the cryptocurrency community at large, but they're especially important to the miners whose hardware rigs perform that proof-of-work: the power-hungry computations used to update the blockchains of bitcoin and many other cryptocurrencies.

The Polish Credit Office, Biuro Informacji Kredytowej, has partnered with UK fintech firm Billon to implement blockchain for customer data storage, according a press release from Billon today, May 14.

Aion's token may have grown up on the ethereum blockchain, but it's moving out.

International lawmakers speaking at CoinDesk's Consensus 2018 conference today argued that regulatory "Sandboxes" may offer the best approach for blockchain innovation in the absence of official guidance.

Former members of Deloitte's blockchain team are joining a new startup that seeks to bring a tokenized blockchain protocol to one of the world's most inefficient markets.

Investors in the blockchain space have a message for U.S. regulators: clarity is needed.

"Unlike cryptocurrencies such as Bitcoin, which are highly volatile, stable coins provide people with the pragmatic, helpful benefits of a cryptocurrency, without having to worry about distressing price changes since they are grounded in the real world."

Banking and financial services giants HSBC and ING have completed a trade finance transaction for agri-food trading company Cargill using a single blockchain system.

The President and CEO of the New York City Economic Development Corporation announced blockchain-related initiatives for the city today, May 14.

CoinPayments, a global cryptocurrency payment processor, has announced an airdrop launch of its own utility token - the CPS Coin.

The European Union approved new anti-money laundering legislation in part targeting in cryptocurrency today, May 14, local news outlets report.

The first cryptocurrency exchange to use US stock market giant Nasdaq's technology revealed it plans to launch next month in an exclusive with Finance Magnates Monday, May 14.

"Blockchain has the potential to completely revolutionize what's across the border."

James Bullard, president of the St. Louis Federal Reserve Bank, said Monday that cryptocurrencies "Are creating drift toward a non-uniform currency in the U.S.".

UK-based banking giant HSBC has reportedly completed the world's first ever trade finance transaction powered by blockchain, the Financial Times reported today, May 14.