The Latest News about Cryptocurrency

Blockchain platform provider Kadena has raised $12 million through a Simple Agreement for Future Tokens sale.

India's central bank, the Reserve Bank of India has caused a stir on April 5, 2018 by announcing that it would not allow regulated institutions like banks, payment service providers and non banking finance companies, to provide services to persons or businesses that deal with cryptocurrencies.

A blockchain-themed conference in Shanghai was abruptly suspended by police on Thursday.

Designed specifically to enable operators to earn a greater share of their networks' rewards, "Application specific integrated circuits," or ASICs, have emerged to mine a handful of cryptocurrencies that were previously only able to be secured by those using GPU hardware.

BitFlyer, a major Japanese cryptocurrency exchange, announced Thursday that it will toughen its know-your-customer process after reported criticism from the country's financial regulator.

While implementing its own utility token that allows gamers to convert their in-game currencies into cryptocurrencies, the Tap Project has applied for a patent on the converting method.

Baidu, China's internet search giant, has launched a blockchain-based stock photo service in bid to protect image intellectual property in China, as part of its wider push for blockchain technology adoption.

After several weeks of "Downplay," several of the world's largest digital currencies have moved forward to experience some steady price boosts.

The crush of photographers clamoring for a shot of the Facebook CEO was a reminder that Congressmen would frame their inquiry into the social media platform's use and abuse of its users' data around the man himself.

Former soft drinks manufacturer-turned-Blockchain development company, Long Blockchain Corp., will be delisted from the Nasdaq Stock Market, according to an announcement April 10.Long Blockchain Corp. first received a delist notice from Nasdaq on Feb. 15 for low market capitalization, after which the company appealed the determination and a hearing took place on March 22.

While the focus may be on the U.S. of late, cryptocurrency tax issues are becoming a global problem.

Ripple, a San Francisco-based payment network utilizing Blockchain technology, invested $25 mln of its own cryptocurrency, XRP, into Blockchain Capital Parallel IV LP venture fund, according to a company announcement April 11.The $150 mln fund is managed by Blockchain Capital, the oldest venture capital firm dedicated to Blockchain technology and the digital currency ecosystem, and the first fund to accept capital calls in cryptocurrencies.

J.P. Morgan Chase & Co, a leading global financial services provider and one of the largest banking institutions in the US, was sued for charging undeclared fees to customers who used their credit cards to purchase cryptocurrency, treating the purchases as cash advances, Reuters reported April 11.The lawsuit was filed on Tuesday in a federal court in Manhattan on behalf of a proposed nationwide class, accusing the bank for charging additional fees, sky-high interest rates on the "Cash advances", and refusing to refund the charges to customers who complained.

A company owned by Cameron and Tyler Winklevoss, founders of the Gemini cryptocurrency exchange, has been granted a patent for a system that seeks to improve the security of digital transactions.

Chinese online shopping website Taobao, a subsidiary of retail giant Alibaba, will be banning stores on the platform from providing services related to Initial Coin Offering, according to the press release published on Tuesday, April 10.The official statement offers an update of the firm's previous cryptocurrency-related restrictions, which banned Taobao's customers from services related to cryptocurrencies like Bitcoin, as well as from offering cryptocurrency mining tutorials, Bitcoin mining machines, and other related hardware.

Litecoin rallied significantly in mid-February this year due to an announcement that the platform's merchant payment processing system would go live on the 26th of the same month.

Nasdaq will delist the shares of Long Blockchain on Thursday, a move that comes months after the company's price soared following a name change and pivot to blockchain.

A proposed class action lawsuit has been filed against JPMorgan Chase, alleging that the bank overcharged its credit card customers when they used funds to purchase cryptocurrencies.

Ripple has invested $25 million worth of its XRP token in Blockchain Capital's Parallel IV venture fund, the startup announced on Wednesday.

PumaPay claims its system has what it takes to propel cryptocurrencies into mainstream use and rethink how payments are processed.

A European company Blocksquare.io is developing a Blockchain-based plug and play system to enable commercial real estate tokenization that will allow anybody with an internet connection to buy fractional ownership of assets worldwide.

Several European Union agencies will collaborate to facilitate an EU developer event - what they're calling a "Blockathon" - in June in a bid to explore applications of the tech for intellectual property rights enforcement.

On April 7 reports started emerging from Poland that Polish prosecutors seized €400 mln from an account that was allegedly linked to one of the biggest exchanges globally, Bitfinex.

Investors in two allegedly fraudulent initial coin offerings descended on the offices of the company behind both of them this past weekend.

"I'm a true believer in these networks, but it's very volatile. They could be down 60% in two weeks."

The previous two attempts by the bears to break this support failed on April 01 and April 06.The bearish pattern will be invalidated if prices break out of the triangle, which is close to the resistance line of the descending channel and just below the 20-day EMA. Once price breaks out of these resistances, the BTC/USD pair will turn positive and rally towards the 50-day SMA.Traders can initiate long positions on a close above the 20-day EMA with a minimum target objective of $9,000.

Prices for the largest cryptocurrencies by market capitalization have risen during Wednesday's trading session.

The second quarter of 2018 may bring some respite for beleaguered bitcoin bulls.

Update: due to "An overwhelming response from new users," the Bittrex exchange has paused new registrations, promising to resume them "As soon as possible."

Golem, the Ethereum-based CPU power renting network, finally released its beta mainnet implementation April 10, 18 months after its 820,000 ETH ICO, equal to about $345 mln today.