Today in the news:
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Bitcoin's (BTC) bears have unraveled the minor rally in prices since Saturday and are now looking to pull the cryptocurrency below the $8,000 mark, the technical charts indicate.
Read more: www.coindesk.com
JPMorgan co-president Jerry Pinto confirmed the bank was “looking into” the Bitcoin space May 16, saying cryptocurrency “will play a role” in the future.
Read more: cointelegraph.com
HTC is developing a new Android phone that will be powered by blockchain technology. The phone, named Exodus, will feature a universal wallet and a built-in secure hardware enclave to support cryptocurrencies and decentralized applications.
Read more:
A Bitcoin Cash (BCH) upgrade that will both increase block size from 8MB to 32MB and add or reactivate Bitcoin script operation codes (Op codes) has been activated.
Read more: cointelegraph.com
Canaan Inc., the world’s second-biggest maker of bitcoin mining hardware, submitted a listing application to the Hong Kong stock exchange.
Read more: www.bloomberg.com
Boston-based Circle Internet Financial Ltd., a digital currency products developer, has closed a $110 mln fundraising round led by mining hardware manufacturer Bitmain, Bloomberg reports May 15. The two companies are now partners in a project to create a token which is backed by US dollars.
Read more: cointelegraph.com
The French Finance Minister, Bruno Le Maire, has become the most senior European official to metaphorically wave the crypto flag as he declares this space has his “total and determined support.”
Read more: www.trustnodes.com
eToro, the social investing platform, is launching a full-fledged cryptocurrency exchange and mobile wallet and expanding into the United States.
Read more: www.coindesk.com
Microsoft-powered search engine Bing has joined other internet giants in announcing it will ban cryptocurrency-related advertisements on its network by July 2018, according to an official blog post today, May 15.
Read more: cointelegraph.com
The European Central Bank’s Yves Mersch says banks should keep cryptocurrency dealings separate from other activities, as crypto doesn’t “qualify” as money.
Read more: cointelegraph.com
U.S. regulators are still looking into cryptocurrencies and initial coin offerings, but don't aim to suppress the industry, according to comments made during a panel at CoinDesk's Consensus 2018 conference in New York.
Read more: www.coindesk.com
Japan-based global investment bank Nomura has announced a joint venture to establish a custody solution for digital assets, targeting institutional investment in crypto.
Read more: cointelegraph.com
Investment manager Brian Kelly is launching a new blockchain startup-based exchange-traded-fund (ETF), he announced Wednesday. Working in partnership with REX Shares founder Gregg King, Kelly will actively manage a portfolio of roughly 30 companies actively using blockchain technology and matching one of four general criteria, he told CoinDesk. The fund will support firms from the seed stage onward.
Read more: www.coindesk.com
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