The Latest News about Cryptocurrency

Bitcoin's substantial $1,300 price correction since yesterday has led to several new bullish predictions for the coming years, with the latest from investment tycoon Tim Draper, who forecasted a whopping $250,000 by 2022 during a speech April 12.

As the last day to file your taxes in the US approaches, April 17, the Credit Karma Tax platform repeated to reporters that less than 100 people have reported capital gains from crypto investments out of the 250,000 most recent tax filers, CNBC reports today, April 13.

Joel Robideaux, the mayor-president of the Louisiana city and parish of Lafayette, urged local residents on Thursday to consider launching an initial coin offering.

Fundstrat Global Advisors cofounder Tom Lee repeated his bullish forecasts for the Bitcoin price Thursday April 12, telling CNBC it could reach $25,000 in eight months.

Zcash is one step closer to undertaking an upcoming hardfork with the completion of its Powers of Tau ceremony.

Indian Bitcoin exchange Coinsecure has reported that around 438 BTC have been taken from the company's Bitcoin wallet allegedly due to misconduct by an employee, according to an April 12 press release.

Russian authorities have demanded ISPs ban the crypto industry's go-to encrypted messenger service Telegram on Friday, April 13, just weeks after the project raised $1.7 bln in its ICO presale to support the development of its own Blockchain platform.

An established team of augmented reality developers are planning to "Unite physical and virtual worlds" by creating Digital Land that can be bought, sold, rented or leased.

The crypto market is finally showing signs of life after a painful first quarter.

Two bitcoin brokers in Singapore were reportedly assaulted and robbed of nearly $300,000 in cash during an in-person meeting with a prospective seller.

The Central Bank of Kenya is once again seeking to dissuade domestic businesses from dealing in cryptocurrencies.

The Bermuda Monetary Authority is seeking public feedback on an anti-money laundering law that would regulate domestic cryptocurrency activity.

Vietnamese Prime Minister Nguyen Xuan Phuc has urged government and financial bodies to toughen the "Management of activities related to Bitcoin and other cryptocurrencies," in a government directive issued Friday, April 13, following reports of a major ICO scam in the country this week.

India-based bitcoin exchange Coinsecure has announced that 438.318 bitcoins worth $3.3 million were stolen from its service, allegedly due to the actions of a rogue employee.

The Hong Kong Federation of Insurers, a financial industry self-regulator, is developing a blockchain powered platform for the city's motor insurance.

Bitcoin clocked a 2.5-week high of $8,225 on Bitfinex earlier today and could soon scale the $8,500 mark, the technical charts indicate.

The cryptocurrency markets are continuing to grow substantially Friday, April 13, after Bitcoin's jump yesterday of over $1,000 in 30 minutes, with BTC today above $8,000 and Ethereum having broken above $500 for the first time since March 26.

Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation and cryptocurrency adoption by different sectors of the economy.

SBI Bank LLC, a Russia-based commercial bank owned by Japanese financial giant SBI Holdings, is joining the New York City-based banking consortium R3. In an announcement Friday, the bank said it aims to join the financial group to advance R3's Corda distributed ledger platform, and push cross-industry adoption of blockchain technology.

The core idea is similar to the one originally pitched: if companies share data and assets with each other on Corda, they can ax duplicative processes and trust that they are all on the same page about who did what.

April 12th's rushed injection of capital saw Bitcoin's largest intraday hike since February the 6th, yet who were the winners?

Officials in yet another county in the U.S. state of Washington have placed a moratorium on new crypto mining operations.

The tiny Mediterranean island of Malta is fast becoming a mecca for the blockchain industry.

Payment giant Mastercard announced Thursday that it was hiring 175 new technology developers, including blockchain specialists.

Following the trend of international banking institutions in limiting their customers' interaction with cryptocurrency associated accounts, Bank of Montreal, one of Canada's "Big Five," has taken a conservative stance on the new crypto economy.

That's how Fred Wilson, a partner at Union Square Ventures and one of the most widely respected VCs working today, answered a question about the crypto market in general and specifically his outlook for Kin, the soon-to-be launched token created by the messaging app, Kik.

A Blockchain based startup Kryll.io released the first version of its automated trading platform.

Ripple Foundation's chief market strategist Corey Johnson said that XRP is not a security in an interview, CNBC reports April 12.Johnson told CNBC Wednesday that Ripple was not a security as to allay speculation that XRP had not been added to cryptocurrency exchange Coinbase due to questions over its status.

In a satisfying swoop of ironic justice, JP Morgan has been sued for charging crypto purchases as high-interest cash advances.

Sheikh Mohammed bin Rashid, Vice President and Prime Minister of the UAE and Ruler of Dubai, has launched the 'UAE Blockchain Strategy 2021' with the goal of becoming a world leader in adopting technology, the Dubai Media Office reported April 11.During the launch of the 'UAE Blockchain Strategy 2021' His Highness Sheikh Mohammed bin Rashid said that the adoption of Blockchain technology would support the government's preparation for future challenges and save AED 11 bln that the government spends on document circulation annually.