The Latest News about Cryptocurrency

Find the latest, and the most interesting, cryptocurrency news collected from around the net.

Arizona's Bid to Accept Crypto for Taxes Suffers Setback
Arizona's cryptocurrency tax payments bill was passed by the state's House of Representatives, but with a caveat: it is now almost completely different.
Russian Crypto Blogger Found Dead In Petersburg Apartment
The Russian cryptocurrency investor and blogger known online as Pavel Nyashin has been found dead in his Petersburg apartment, according to local media.
CFTC Officials Want Close Cooperation With SEC on Crypto Rules
Two officials at the Commodity Futures Trading Commission spoke about regulating cryptocurrencies this week, stressing the need for cooperation between their agency and another powerful U.S. regulator, the Securities and Exchange Commission.
Bitmain's Latest Crypto ASIC Can Mine Zcash
Bitmain has unveiled a new cryptocurrency mining hardware product dedicated to the Equihash algorithm, which is used by the privacy-oriented cryptocurrency zcash.
Square Books Small Profit for First Quarter of Bitcoin Sales
Digital payments startup Square made more than $34 million in revenue in the first quarter from cryptocurrency purchases.
Cardano Update: Latest Technical Release Reveals Solid Foundation Being Built
The Cardano Project begins to take shape with the announcement of two testnets alongside major advancements in providing a provably secure Proof of Stake protocol.
$750: Ether's Price Hits Highest Level Since Early March
The price of ether, the cryptocurrency native to the ethereum blockchain, broke above $750 Thursday, reaching its highest level since March 8, according to CoinDesk data.
Daily Volatility Decline? Bitcoin Has Seen $1K Range 43 Times In 2018
Bitcoin is famous for its daily price jumps and falls, but lately the charts seem to be bordering on the comatose.
New Ideas Energize Ethereum Though True Signaling Solution Still Elusive
Named "EIP:0," a nod to the platform's process for accepting codes changes - the meeting consisted of members from a variety of startups and non-profits working to advance the technology, with notable members including Parity Technologies, the Web3 Foundation, the Ethereum Foundation, Giveth, Aragon, Consensys, MetaMask and others.
How To Diversify Away Risk In A Crypto Portfolio: Correlation And Variance
Although there are public companies whose stock movements have strong correlations due to those doing similar work in the same industry - oil companies, for example - investors are still capable of diversifying away risk in an equally weighted portfolio by adding stocks with negative correlations to the portfolio.
Crypto Markets Keep Experiencing Mainly Green After Last Week's Market Corrections
Thursday, May 3: after a week of some small dips and small growth, the crypto market is firmly back in the green, with Bitcoin and Ethereum back over the psychological price points of $9,000 and $700 respectively today, May 3.
Majority of Businesses Have No Plans for Blockchain, Gartner Finds
A new survey from research and advisory firm Gartner suggests that organizations are largely apathetic toward blockchain integration.
Gartner Survey: 77% Of CIOs Have 'No Plans' For Blockchain
Blockchain may be known to 66% of chief information officers but only 22% plan on using it, a new survey from Gartner released May 3 claims.
Inclusive Insurance? Businesses See Blockchain As Change-Enabler
The concept of microinsurance is getting a shot in the arm from new technologies, not least among them blockchain.
China National Radio Alleges OKEx Illegally Trading Crypto Futures In China
China National Radio's "Voice of China" program has alleged that the crypto exchange OKEx is illegally working in China with Chinese clients, CNR reports Thursday, May 3.
Sell In May and Go Away? Not for Bitcoin Bulls
Sell in May and go away? While the month may traditionally give equity bulls cold feet, it should probably not be a cause of worry for the bitcoin market.
Reddit CTO: 'I Think Crypto Payments Will Come Back' To Platform
Reddit's CTO blamed "High fees" for the platform no longer accepting Bitcoin payments in an interview May 2, but hinted they may soon return to the platform.
Bloomberg: Crypto Not Really Comparable To Traditional Asset Classes, Future Uncertain
Bloomberg has detailed the course of cryptocurrency's volatility, trading activity, and correlation with other assets over a period of 16 months.
Reddit to Relaunch Bitcoin Payments
Social media platform Reddit is planning to reinstate cryptocurrency as a payment option for its gold members - and this time bitcoin won't be the only option.
Payments Company Square Unveils Low Returns From Bitcoin Business Last Quarter
US payments processing company Square recently reported low profits from Bitcoin trading in its Cash App last quarter, according to an article by Fortune Wednesday, May 2.
Goldman Sachs Says Bitcoin 'Is Not A Fraud', Plans Trading
Goldman Sachs has said Bitcoin "Is not a fraud" as it unveiled plans to buy and sell cryptocurrency, the New York Times reported May 2.
Request Network Partners With Wikimedia to Launch Blockchain-Powered Donations
Request Network announced that it has partnered with Wikimedia Foundation to provide a transparent donation mechanism for one of the internet's most popular websites.
China National Radio Questions Legality of OKEx Bitcoin Futures Trading
China National Radio, a high-level government mouthpiece, has aired doubts about the legality of services offered by OKEx, the Hong Kong-based cryptocurrency exchange launched by OKCoin, previously one of the "Big Three" trading platforms in China.
Crypto Exchange Bitgrail Opens For Three Hours Before Legally Forced Shutdown
Recently hacked Italian crypto exchange Bitgrail tweeted Wednesday, May 2, that they reopened their exchange, only to report its temporary closure three hours later.
Investment Bank Doomsayers Predict Crypto Extinction Event in "Mass Market Wipe Out"
Cryptocurrency market observers may be calling for an impending bull run, but despite total market cap surging beyond the $430 billion mark, some financial analysts remain unconvinced.
The Blockchain Data Problem Is Bigger Than You Think
A straightforward data point - the total supply of bitcoin hit 17 million.
EEA Aims to Standardize Blockchain Implementation With New Enterprise Ethereum Architecture Stack
The Enterprise Ethereum Alliance has announced the release of a new Enterprise Ethereum Architecture Stack that is set to standardize the specifications of Ethereum enterprise solutions, assisting organizations in developing Ethereum-based solutions.
Goldman Sachs to Begin Bitcoin Futures Trading Within Weeks
Investment banking giant Goldman Sachs will use its own money to trade bitcoin futures on behalf of its clients, according to the New York Times.
Goldman Sachs Confirms Launch of Bitcoin Futures Trading Desk
Multinational investment bank Goldman Sachs has recently confirmed that it will be launching a Bitcoin trading desk in response to client demand for cryptocurrency services.
Berkeley City Council Moves Ahead With Pilot Program For Issuing City Bonds On Blockchain
The city of Berkeley, California has moved forward with an initiative to apply blockchain technology to public financing to raise funds for community projects, Bloomberg reports May 2.
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