CoinNess.com Market Surveillance June 17: BTC Trading Above $9200
As of 11:00 (UTC) on June 17, the global index of Bitcoin (BTC) price has risen to the $9,200 level and currently marks $9,260.61, with an increase of 1.89% in the past 24 hours.
The CoinNess.com Bullish vs. Bearish Indicator shows our four-hour technical bias on BTC is "Strong Buy" with two indicators sending out a selling signal, three showing a neutral signal, and 13 indicating a buying signal.
The broad market remains an uptrend, with 70 out of Top 100 cryptos by market cap rising.
The global market cap reads $287.85 billion, and the 24-hour trading volume is $67.83 billion.
Major Coins
1. BTC quotes show 9,238.90 USDT on Binance, $9,283.00 on Bitfinex and $9,296.50 on Coinbase Pro;
2. CoinNess.com Market Index presents quotes for major cryptocurrencies besides BTC as following:
ETH marks $273.22 (+1.16%);
XRP marks $0.43 (+3.87%);
LTC marks $136.53 (+0.95%);
BCH marks $436.95 (+1.86%);
EOS marks $7.10 (+1.59%);
ETC marks $8.72 (+0.34%). 

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1. The head of the Russian Central Bank is considering the issuance of the proprietary digital currency (Central Bank Digital Currency or CBDC), the head of the bank, Elvira Nabiullina, said recently, speaking at the student conference in Skolkovo.
"Indeed, the Central Bank Digital Currency cannot be launched instantly, however, many central banks, including Russian, have been studying this possibility," she explained, cited by the local media outlet Tass.                                                                         

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2. The biggest legal discussion involving Bits of Gold, an Israeli exchange, and Bank Leumi, one of the top two largest banks in Israel, has ended in a settlement that essentially meant a win for Bits of Gold, which is able to maintain its bank account.
Due to the parties’ settlement, however, the industry cannot use the case as a legal precedent, which essentially means that no applicable regulation or legal framework is guiding how the banking industry shall operate concerning cryptocurrency-related accounts. 
Currently, Israeli banks categorically deny opening accounts for clients that have cryptocurrency or blockchain-related activity.
 

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Five cryptocurrency exchanges have changed their terms of service in a way that they can be liable for problems caused by potential cyberattacks or system malfunctions, even if operators are not willfully or grossly negligent, South Korea's antitrust regulator said Monday, June 17.
The Fair Trade Commission (FTC) said Bithumb and four other cryptocurrency exchanges made the changes after receiving the corrective recommendation from the FTC in April last year.
The cryptocurrency exchanges had said in their terms of service that they will not be held accountable for compensation if there is no willful or gross negligence.

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Question: 

 What is the LTC halving?

Answer: