In less than a month, the third Bitcoin block halving, arguably the most anticipated event in the crypto space as of now, will take place. After the halving, the reward that miners receive for verifying transactions and maintaining the Bitcoin network will be cut in half. In theory, the price of Bitcoin should increase after rewards divvy up, as it means Bitcoin will become even scarcer. Recall these mining rewards are the way new Bitcoin is created, and cutting them in half means that new...

China is rapidly catching up to the United States with regard to blockchain-related investments, according to a recent report put together by New York-based research firm CB Insights. The researchers found that the East Asian country accounted for 22% of blockchain investments in 2019, compared to 31% for the U.S. This represents a significant improvement for China when compared to 2015, when it had a meager 2% while the U.S. was getting 51% of total funding. Headlined by the trade dispute of...

Gold has crossed the $1,700 mark for the first time since 2012 as traders and investors seek wealth security in these times of economic uncertainty — headlined by the COVID-19 outbreak. The recent gains in the gold market coincide with pressures on Bitcoin, which has dropped from nearly $7,500 to about $6,800 within seven days. As of writing these lines, gold’s daily high lies at $1,722 following a 16% increase since the monthly low of March 16, 2020, at $1,450. Relationship Between Gold and...

While UK banks like Lloyds (LSE: LLOY) (NYSE: LYG.US), Barclays (LSE: BARC) (NYSE: BCS.US)and HSBC (LSE: HSBA) (NYSE:HSBC.US) have been restructuring in order to rebuild a positive reputation for themselves following the financial crisis, according to a new report from New City Agenda and Cass Business School, the situation isn’t actually improving. The report finds that while UK banks have become more resilient institutions based on prudential measures, both employee and ethical results are...

NEW YORK (TheStreet) -- The economy is improving and 2015 is shaping up to be an even better year than 2014 was. That means that now is the time for prudent investors to start thinking about how to recession-proof their portfolios. While a recession may not be around the corner, we're due for one in the next several years. The average time between recessions since 1982 has been nearly 100 months. The last recession ended nearly 70 months ago, meaning another one will come sooner than we want....