February 28, 2020

US House Committee to Hold Hearing on Blockchain Benefits for Small Businesses

February 28, 2020 boss

The U.S. House of Representatives Committee on Small Business is set to discuss the benefits blockchain technology can bring to entrepreneurs. Slated for March 4 at 16:30 UTC, the “Building Blocks of Change: The Benefits of Blockchain Technology for Small Businesses” hearing will explore the ways in which some startups are utilizing blockchain technology to boost productivity and increase security. “Blockchain has many other uses, including tracking goods in global supply chains or enabling peer-to-peer transactions between connected devices,” said committee chairwoman Nydia M. Velazquez in a recent notice. Several…

Why Bitcoin Holding This Crucial Level Will Set Stage for “Parabolic Advance”

February 28, 2020 boss

The past few days haven’t been too kind to Bitcoin, to say the least; the leading cryptocurrency has retraced (some have called it more of a crash) from $10,000 to as low as $8,520 in a dramatic fashion, liquidating millions of dollars worth of BitMEX positions. Despite this, analysts remain optimistic. In fact, one top analyst, who has been calling the recent twists and turns of digital asset prices rather well, recently suggested BTC could be on the verge of a “new parabolic advance.” The catch? Bitcoin will need to…

Coronavirus Pandemic Could Spark a Global Depression & Warren Buffett’s Shopping Spree

February 28, 2020 boss

Key industries like manufacturing in China, Japan, and South Korea are on the decline. Warren Buffett’s $130 billion cash pile will put Berkshire in a strong position to make big acquisitions. The patience of Buffett is starting to pay off for investors. Manufacturing is slowing down and major economies are being frozen as millions of people have been thrown out of the workforce. The coronavirus has put the global economy at risk of a long-lasting recession, and Warren Buffett ‘s patience is paying off. Buffett’s Berkshire Hathaway has not made…

Coronavirus Pandemic Could Spark a Global Depression & Warren Buffett’s Shopping Spree

February 28, 2020 boss

How to Get Free Bitcoin in 2020

February 28, 2020 boss

Many early adopters who made a fortune from cryptocurrency first got their hands on coins by receiving them for free from bitcoin faucets back in the day. Today there are still a number of ways for you to get bitcoin for free including airdrops, giveaways, bounties, tipping, referral programs and faucets. Also Read: How to Mine Bitcoin in 2020 How to Get Bitcoin Without Reaching for Your Credit Card If you want to start stacking satoshis or test out using digital assets without having to spend any money, there are…

Prominent Investor Thinks Bitcoin Will Rally 2,750% In 36 Months: Here’s Why

February 28, 2020 boss

As the Bitcoin market has once again become frothy, the amount of retail interest in cryptocurrency has grown once again, with volumes increasing and Google Trends data suggesting this industry is in vogue. Unsurprisingly, mainstream media outlets have sprung to start covering Bitcoin developments once again, calling upon industry executives and investors to weigh in on the going-ons of crypto. Case in point: in a recent installment of CNBC’s show “Squawk Alley,” prominent venture capitalist Tim Draper appeared to speak on BTC. And what he had to say shocked some…

3 Thriving Biotech Stocks Surviving Coronavirus-Infected Markets

February 28, 2020 boss

Some stocks are defying gravity amidst the coronavirus-related plunge. Select biotech firms developing vaccines or treatments for the respiratory illness are among the winners. Clinical trials are either underway or set to begin. Since last week’s close, the S&P 500 index has dropped from 3338 points to around 3070 in Thursday’s premarket hours, a fall of over 8%. The Dow Jones Industrial Average index has fallen by just about the same number of percentage points during the same period. This has come as the number of coronavirus COVID-19 cases across…

House Committee to Hold Hearing on Benefits of Blockchain

February 28, 2020 boss

Blockchain and cryptocurrencies are affecting the way both large corporations and small businesses operate, and governments are taking notice. Next week, a committee in the U.S. House of Representatives will hold a hearing focusing on blockchain’s impact on small businesses. The Committee on Small Business will hold a hearing titled “Building Blocks of Change: The Benefits of Blockchain Technology for Small Businesses,” scheduled for Mar. 4 in Washington DC. According to their website, the committee, under the leadership of Chairwoman Nydia Velázquez (D-NY), will be focusing on “using blockchain technology…

Coinbase Has Tested Clearview Facial Recognition Software

February 28, 2020 boss

Coinbase, the U.S. cryptocurrency exchange boasting over 20 million views per month and over 30 million total accounts, has tested Clearview AI facial recognition technology according to a BuzzFeed News report. However, Coinbase has denied that the test involved customer data. The controversial software has been the subject of intense scrutiny since a New York Times article exposed the company’s database of over three billion images, scraped from “millions” of websites and social media platforms without the consent of the users or publishers. Clearview AI has been threatened with legal…

Bitcoin is Recovering, But This Key Data Shows Bears Are Still Well in Control

February 28, 2020 boss

Bitcoin is currently recovering from the $8,512 weekly low against the US Dollar. However, BTC price is still facing many key hurdles near $9,000 and it could resume its decline. Bitcoin is showing signs of a short term upside correction from $8,512 against the US Dollar. The bears are still in control unless there is a clear break above $9,000 and $9,200. There is likely a bearish flag forming with support near $8,735 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could resume its…