UK Finance, a British organization representing the banking and financial sector, has initiated a trial run of the U.K. Regulated Liability Network (RLN) with the participation of eleven member companies. In the first use case of our exploration, we will investigate the implementation and implications of payment after receipt for tangible items, with a focus … Read more
According to Demis Hassabis, CEO of Google DeepMind, Google isn’t shying away from the competition presented by Microsoft in the realm of artificial intelligence. At a TED event in Canada, Hassabis shared his belief that Google would invest over $100 billion in the future for the advancement of Artificial General Intelligence (AGI). This statement was … Read more
On-chain metrics supported a Litecoin significant increase before the halving. Those who bought LTC at lower prices have quit profit-taking. According to AMBCrypto’s observation, Litecoin (LTC) has reached a significant point that could lead to a price rebound. The Market Value to Realized Value (MVRV) Z-Score, which can be derived from Glassnode, currently stands at … Read more
The price of Ether (ETH) dropped by nearly a fifth (21%) from April 9 to April 14, reaching a 50-day low. Despite regaining some ground, Ether’s value remains uncertain as it struggles to surpass the $3,200 resistance level set on April 14. Skepticism among traders grows as they ponder if the $3,000 support will be … Read more
Bitcoin surpassed a new record high above $70,000 in March, but its bullish trend has since faltered. Bearish investors appear to be gaining the upper hand as markets grapple with uncertainty due to geopolitical tensions, the Bitcoin halving event, and potential US financial regulations. Traders are hesitant to make purchases, while some are even selling … Read more
The Bitcoin protocol includes an automatic process called the halving, which reduces the number of Bitcoins awarded for mining a block by half approximately every four years or 210,000 blocks. Soon, this reward will decrease from 6.25 BTC to 3.125 BTC. The reduction in the supply of Bitcoin caused by the “halving” event makes each … Read more