February 2020 | Page 7 of 132 | Last Cryptocurrency News Feed

Bitcoin Needs To Be Completely Uncorrelated To Grow, Expert Says

Bitcoin’s correlations with gold and the traditional financial markets have been challenged in the past several days. However, some members of the community believe that it needs to separate itself entirely to continue growing. Bitcoin Compared To Gold And Stocks The largest cryptocurrency has a compelling history when compared to other assets. For instance, it…

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Breaking: Bitfinex Exchange Goes Under Unscheduled Maintenance, Suspects DDoS Attack

The popular cryptocurrency exchange, Bitfinex, has gone under sudden unscheduled maintenance. As the price of Bitcoin continues to struggle at around $8,700, the exchange suspects that it might be undergoing a DDoS attack. Bitfinex Goes Down Bitfinex is arguably one of the most popular cryptocurrency exchanges. According to an official release on their website, as…

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

Feb 28, 2020 at 10:00 UTCUpdated Feb 28, 2020 at 10:03 UTCUS Capitol Building. Credit: ShutterstockThe 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"…

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World’s Largest Human Resources Firm Adopts Smart Contracts Platform

Human resources firm Ranstad, which recently became global leader in the sector, has chosen to further automate its workflow using a smart contracts-focused blockchain.The firm’s 40,000 employees will be using an enterprise blockchain solution from New York-based Cypherium, which has struck partnerships with major cloud providers Google Cloud Wing, IBM Cloud, and Amazon Web Services.All…

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Philippine Cryptocurrency Regulator Accused of Misappropriating Millions

Raul Lambino, the administrator of the Cagayan Economic Zone Authority (CEZA) — the special economic zone that licenses cryptocurrency exchanges operating in the Philippines — has come under fire for allegations of corruption.On Feb. 20, The Manila Times published a story citing purportedly leaked from the Philippine National Intelligence Coordinating Agency (NICA). The outlet claims…

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Fed Coronavirus Rate Cut May Beat Bitcoin Inflation After 2020 Halving

The United States Federal Reserve will cut its interest rate target to compete with Bitcoin (BTC) post-halving, traders believe.As Reuters reported on Feb. 28, Wall Street traders already consider the likelihood of the Fed cutting rates to boost the economy over coronavirus to be more than 75%.Fed “monitoring” coronavirusBy September, the cuts could total 0.75%,…

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Litecoin Price Analysis: LTC Crashes To $60 As Bitcoin Fails To Make A Comeback

Litecoin dropped by a steep 15.5% over the past 7-days of trading as it falls to $61. The latest price decline has brought it beneath both the 200-days and 100-days EMAs. Against Bitcoin, Litecoin has also dropped in to support at the 100-days EMA. Key Support & Resistance Levels LTC/USD: Support: $58, $56.50, $54 Resistance:…

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Human Resources Giant Randstad Explores Blockchain to Quickly Match Talent With Recruiters

Feb 28, 2020 at 09:00 UTCUpdated Feb 28, 2020 at 09:20 UTCRandstad Den Haag in the Netherlands. Credit: ShutterstockRandstad, the world's largest human resources firm, has begun testing a combination of the Cypherium blockchain and Google Cloud to better match talent to corporate needs.The Netherlands-based firm said in a blog post that it believes the…

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American Actor Steven Seagal Pays $350,000 To SEC For Unlawfully Participating In An ICO

The Securities and Exchange Commission has charged Steven Seagal for unlawfully participating in an initial coin offering (ICO). The popular Hollywood actor has ultimately agreed to pay over $350,000 for violating the anti-touting law. SEC Fines Seagal The ICO bubble of 2017 and 2018 raised concerns among some world regulators, including the SEC. The U.S.…

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House Committee to Hold Hearing on Benefits of Blockchain

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…