cryptocurrencies-daily-roundup-052418.jpg Bitcoin and its peers continued their declining trend from the past few days on Thursday amid heightened concerns over increasing regulation. The top cryptocurrency dropped below $7,300, before bouncing back modestly. Here is wrap of the main news from the cryptocurrency and blockchain space over the past 24 hours.

joblessclaims-052418.jpg For the second consecutive week, the Labor Department released a report on Thursday showing a weekly increase in first-time claims for U.S. unemployment benefits. The Labor Department said initial jobless claims climbed to 234,000 in the week ended May 19th.

wallstreet-112814_24may18.jpg After turning higher over the course of the previous session, stocks may move back to the downside in early trading on Thursday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 56 points.

ddos2-02418.jpg DDoS is short for distributed denial of service. This is a form of cyber attack, common in the cryptocurrency and fintech world. In a DDoS attack, an army of zombie computers flood the targeted website or network with superfluous service requests.

bitcoin-halal2-052418.jpg A mosque in East London has reportedly declared that Bitcoin is acceptable in the eyes of Allah, if it is "transacted in a lawful manner." Religious advisers at the Masjid Ramadan in Dalston, east London, have made it clear that Muslims can make Ramadan donations using Bitcoin, media reports say. The mosque issued the Fatwa at the beginning of the holy month of Ramadan, during which Muslims are

unops-collaborates-with-iota-052418.jpg The United Nations Office for Project Services (UNOPS) is partnering Germany's IOTA Foundation to increase efficiency of its operations by helping in managing and tracking of UN documents, supply chains, and real-time transactional payments. A memorandum of understanding to this effect was signed in New York and Berlin between UNOPS and IOTA.

wallstreet-052118.jpg Initial trading on U.S. Futures clearly shows that Wall Street is poised for a lower opening on Thursday.

germanygdp-051518.jpg Germany's economic growth halved as estimated in the first quarter on weak trade and government spending, detailed data from Destatis showed Thursday. Gross domestic product grew 0.3 percent sequentially, slower than the 0.6 percent expansion seen in the previous quarter. This was the weakest growth in more than a year and matched the provisional estimate published on May 15.

uk-retailsales-052418.jpg UK retail sales grew at the fastest pace in one-and-a-half years in April, after heavy snow dampened spending at the start of the year. Retail sales volume, including auto fuel, expanded 1.6 percent month-on-month, in contrast to a 1.1 percent fall in March, figures from the Office for National Statistics showed Thursday. Sales were forecast to climb moderately by 0.9 percent.

deutsche-bank-job-cut-052418.jpg German banking giant Deutsche Bank announced Thursday more than 7000 job cuts in its Equities Sales & Trading business, in its efforts to cut costs following weak trading performance. The company sees restructuring charges of up to 800 million euros in its 2018 results. Deutsche Bank shares were losing in German trading as well as on pre-market trading in NYSE.

goldman-sachs-backed1-052418.jpg Cryptocurrency startup Circle Internet Financial Ltd, which is backed by Goldman Sachs, has launched a new feature, "Buy The Market", for its crypto investment app Circle Invest, aiming to make investment easier. In a blog post, the company said the feature will help users to purchase all digital coins offered on its platform at the same time.

asianmarkets-111914_24may18.jpg European stocks were trading mixed on Thursday as trade tensions persisted and the dollar rally lost steam in view of dovish Fed minutes. On the data front, German GDP grew 0.3 percent sequentially in the first quarter, slower than the 0.6 percent expansion seen in the previous quarter but matching...

shipchain-startup-052418.jpg South Carolina has issued a cease-and-desist order against blockchain startup ShipChain over its unregistered token sales, claiming that it violated the state's Uniform Securities Act of 2005. South Carolina Attorney General's Office said ShipChain offered units of its cryptocurrency, ShipCoin, as a means of accessing the company's platform and as the only medium of exchange on the platform.

stockmarket1-052418.jpg European stocks look set to open a tad lower on Thursday as U.S. President Donald Trump's China trade remarks overshadowed dovish Fed minutes. Trump has dampened expectations of a trade deal with China, saying the current structure used in trade talks with China was "too hard to get done". Also,...

pharma-daily-051718.jpg Today's Daily Dose brings you news about Anika's accelerated share repurchase program; Esperion's phase III study results of bempedoic acid in patients with hypercholesterolemia; TherapeuticsMD and Teva's near-term catalysts.

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