Block reward halvings cut the rate at which new coins are generated on a given blockchain by 50%. Such events, known jokingly as “halvenings,” have long been anticipated by cryptocurrency traders as catalysts for pushing up the price of their cryptocurrency holdings. Past attempts to predict when Bitcoin’s (BTC) price would increase in relation to halvings have proved inconsistent at […]

Financial market infrastructure provider, CLS announced on Wednesday its partnership with two new banks, Alfa-Bank and First Abu Dhabi Bank, that agreed to use payment netting calculation services CLSnet. First Abu Dhabi Bank is the United Arab Emirates’ largest lender, and Alfa-Bank is based in Russia. Both are the first lenders in their country to join the service and have […]

Today, Bitcoin Cash is making a positive move despite the recent breakdown. It is approaching the high of $480. The altcoin will resume upside momentum once the bulls break the $480 resistance. Recently, BCH was in a price spike as the coin rallied to $654 high. Unexpectedly, the rally was neutralized as the price fell back to the $397 low.  […]

On Jan 8, two legislators in Kentucky have recently submitted a bill that aims to make the US state a very attractive option for cryptocurrency miners in the form of tax breaks. Kentucky Crypto Mining Bill The proposal was submitted to the General Assembly, which would see Bitcoin and other cryptocurrency miners enjoy some tax exemptions. The legislators of the […]

SIMBA Chain, a cloud-based smart contract platform, has been tasked with revamping the supply chain of the United States military after it received a $1.5 million grant from the U.S. Office of Navy Research. The project will be responsible for developing a blockchain-based solution to enable demand sensing for critical military weaponry parts. Demand sensing is a forecasting technique used […]

SIX announced today that it has welcomed the London-based financial services company, ETC Group to list a Bitcoin exchange-traded product (ETP) with a primary ticker symbol of BTCE. The trading product is available in three different currencies including the USD, CHF and GBP. According to the official announcement, the newly launched trading product (BTCE) tracks the price of Bitcoin and […]

As Ripple faces serious legal charges over its associated token XRP, many crypto platforms have decided to drop support for the coin until things are settled.   However, GateHub, a United Kingdom-based cryptocurrency gateway service, has decided to continue listing XRP. According to a Jan. 12 announcement, GateHub will not delist XRP unless a decision from the United States Securities and […]

Located within 2 1/2-hour drive, 55-minute boat ride or a 25-minute helicopter flight from Manila, the Authority Freeport Area of Bataan (AFAB) is situated at the crossroads of international shipping routes between the West Coast of North America, the Far East and Southeast Asia. Its strategic location also includes proximity to lucrative overseas markets such as Taiwan, Hong Kong, Japan, […]

Payments giant Visa has called off its decision to acquire fintech startup Plaid for $5.3 billion following the backlash it faced over antitrust concerns from the US regulators, the companies officially announced on Tuesday. Plaid offers technical infrastructure APIs that connect consumers, traditional financial institutions, and developers. It claims to have more than 200 million consumer accounts with 11,000 banks. […]