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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
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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
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Bitcoin hasn’t fared too well over the past day and a bit. After finding a local top at $10,300 on Wednesday morning, the price of the leading cryptocurrency fell off a cliff. Effectively literally.As covered by NewsBTC, the asset tanked from $10,300 to as low as $9,250 — a drop
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Sprint and T-Mobile have won a major lawsuit in their quest to merge. The deal is great for Sprint’s investors, but it will dramatically reduce competition in the industry. This merger is a major setback for anti-trust concerns in the United States, and it may harm consumers. Sprint’s (NYSE:S) stock soared over 70%
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The United States Commodity Futures Trading Commission’s fintech lab will host office hours during New York Fintech Week.In April, the CFTC’s fintech research unit, LabCFTC, will host office hours during New York Fintech Week to engage with innovators in the field, according to a recently published announcement.LabCFTC’s objective is
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A report published by investment management firm VanEck on Jan. 29 suggests that institutional investors should allocate a small percentage of their capital into Bitcoin (BTC). Per the report, “Bitcoin may enhance the risk and return reward profile of institutional investment portfolios.” The researchers also claim:“A small allocation to
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Secondly, the natural instinct of this slightly-less-dumb capital is to pick projects with defendable moats. Monopolies make great returns for their backers. Duopolies are okay too. But an active market saturated with great teams doing awesome things is just not worth the bother. Large and vaguely strategic investors act as
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According to a new bill on the Fourth Money Laundering Directive drafted by the European Union (EU), banks could be authorized to offer digital assets services including storage for customers. Germany would likely be the first nation to adopt the proposal. According to a German news report published on November
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The founder of Bitcoin mining rig manufacturer MicroBT is being held as of Nov. 8 by Shenzhen Police to assist in an investigation, according to a local news source. Police are likely to be questioning Zuoxing Yang over allegations of intellectual property infringement regarding the technology of Beijing-based Bitmain.Previous
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Ethereum price is struggling to climb above the $192 and $195 resistances against the US Dollar.It seems like a head and shoulders pattern forming with support near the $188 and $186 levels.This week’s key bullish trend line is intact with support near $188 on the hourly chart of ETH/USD (data
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