Bitcoin’s MACD Prints Strongest Bull Signal In Over a Year

Bitcoin's MACD Prints Strongest Bull Signal In Over a Year 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Bitcoin’s MACD Prints Strongest Bull Signal In Over a Year The moving average convergence divergence (MACD) has become the latest charting indicator to signal bitcoin may soon see a trend reversal that could put an end to its months-long price decline. As reported, the money flow index (MFI), an indicator used to identify buy and sell pressure, created a divergence Sunday widely considered to be an early sign of a bearish-to-bullish trend change, while last week, bitcoin saw a bearish crossover of its 50- and 100-week moving averages, a first…

Democrats Take Trump’s Bait, Set the Stage for Costly Impeachment Fight

Democrats Take Trump’s Bait, Set the Stage for Costly Impeachment Fight 3  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Democrats Take Trump’s Bait, Set the Stage for Costly Impeachment Fight The Democrat-led U.S. House Judiciary Committee has initiated a rather broad investigation into President Donald Trump that will explore themes of obstructing justice, corruption, and abuse of power. Trump told reporters Monday he won’t get in the way of the Democrats’ new investigation: “I cooperate all the time with everybody. You know, the beautiful thing, no collusion. It’s all a hoax.” Democrats Lay the Groundwork to Impeach President Trump Rep. Jerry Nadler (D-N.Y. 10th District), chairman of the judiciary…

Deadly Opioid Crisis Is The US Government’s Fault, Not Big Pharma’s

Deadly Opioid Crisis Is The US Government’s Fault, Not Big Pharma’s 4  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Deadly Opioid Crisis Is The US Government’s Fault, Not Big Pharma’s Suing Purdue Pharma for the opioid abuse epidemic is like suing McDonald’s for your obesity or diabetes. Reuters had the exclusive story about the opioid crisis Monday: “OxyContin maker Purdue Pharma LP is exploring filing for bankruptcy to address potentially significant liabilities from roughly 2,000 lawsuits alleging the drug manufacturer contributed to the deadly opioid crisis sweeping the United States, people familiar with the matter said on Monday.” The complainants in the suits allege Purdue Pharma employed “deceptive practices…

Jack Dorsey: ‘Beautiful’ Whitepaper Hooked Me on Bitcoin

Jack Dorsey: ‘Beautiful’ Whitepaper Hooked Me on Bitcoin 5  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Jack Dorsey: ‘Beautiful’ Whitepaper Hooked Me on Bitcoin Billionaire Jack Dorsey, the CEO of Twitter, says he became fascinated with bitcoin after reading its hauntingly “beautiful” whitepaper. Dorsey also reaffirmed his belief that bitcoin and blockchain are ushering in a new technological revolution. Dorsey, who’s also the CEO of mobile payments company Square, made the revelations on Marty Bent’s podcast Tales from the Crypt. Bent tweeted a photo of himself interviewing Dorsey at Square’s office. Naturally, the Twitter CEO retweeted the post. Bitcoin-centric content creator Marty Bent interviewed Jack Dorsey…

Major US Grocery Chain Kroger Ditches Visa, Discusses Accepting Bitcoin

Major US Grocery Chain Kroger Ditches Visa, Discusses Accepting Bitcoin 6  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Major US Grocery Chain Kroger Ditches Visa, Discusses Accepting Bitcoin Major US grocery chain Kroger recently banned Visa from a regional supermarket in protest of the payment processor’s “excessive transaction fees,” announcing that hundreds of stores and fueling stations would halt Visa payments in April. However, the story has taken a surprising turn, with Kroger representatives reportedly considering Bitcoin’s Lightning Network as one potential alternative payment system. Morgan Creek: Kroger Should Replace Visa with Bitcoin Morgan Creek Digital partner, Bitcoin evangelist, and popular podcast host Anthony Pompliano got the ball…

Dow Futures Jump on Trade War Deja Vu, Bitcoin Price Crashes to $3,670

Dow Futures Jump on Trade War Deja Vu, Bitcoin Price Crashes to $3,670 7  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Dow Futures Jump on Trade War Deja Vu, Bitcoin Price Crashes to $3,670 The US stock market is primed to jump higher on Monday after increased optimism over the state of the US-China trade negotiations caused Dow futures to leap nearly 100 points. The bitcoin price, however, continues to bleed lower in the wake of its failed attempt to clear a key resistance level. Dow Futures Climb Nearly 100 Points after Snapping Winning Streak As of 8:47 am ET, Dow Jones Industrial Average futures had bounced by 94 points or…

Russian Railways to Consider Blockchain Use for Users of Discounted Transport Services

Russian Railways to Consider Blockchain Use for Users of Discounted Transport Services 8  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Russian Railways to Consider Blockchain Use for Users of Discounted Transport Services Russia’s national pension fund is settling an agreement with Russian Railways to use blockchain for tracking transport passengers that qualify for discounted services, Moscow-based news agency Rambler News Service (RNS) reports on March 1. Anton Drozdov, the head of the Pension Fund of the Russian Federation, revealed that the state-owned fund is expected to close the deal with Russian Railways, a government owned freight and passenger train services company, sometime in 2019. The new blockchain project intends to…

A New Exchange Launches, Letting Institutions Custody Their Own Crypto

A New Exchange Launches, Letting Institutions Custody Their Own Crypto 9  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

A New Exchange Launches, Letting Institutions Custody Their Own Cryptocrypto exchange for institutional investors is launching this month with an unusual approach to custody. LGO Markets, based in New Jersey, officially launched Monday with limited functionality, allowing new users to set up and fund their accounts. However, spot trading in bitcoin will start on March 11. According to CEO Hugo Renaudin, the company has secured 10 institutional clients already – mostly over-the-counter (OTC) trading desks, plus several hedge funds, crypto businesses and market makers. Another 56 clients are in the…

Bitcoin Price Drop Puts a Dent in Short-Term Bullish Outlook

Bitcoin Price Drop Puts a Dent in Short-Term Bullish Outlook 10  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Bitcoin Price Drop Puts a Dent in Short-Term Bullish Outlook View Bitcoin’s drop to six-day lows below $3,700 has taken the shine off the bullish “long-tailed doji” created on Feb. 27. A bearish reversal would be confirmed if prices see a UTC close below $3,658 (low of long-tailed doji) and could yield a sell-off to recent lows near $3,300. A bearish move below $3,658, however, may not happen or could be short-lived, as a number of technical indicators on the weekly chart are flashing early signs of bullish reversal. On…

Bahrain Could Squeeze India to Open its Crypto Market and Legalize Bitcoin

Bahrain Could Squeeze India to Open its Crypto Market and Legalize Bitcoin 12  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Bahrain Could Squeeze India to Open its Crypto Market and Legalize Bitcoin As per the request of the Reserve Bank of India, the country’s central banking institution, local banks have been disallowed from dealing with crypto businesses such as Bitcoin exchanges since 2018. With no immediate plans of the Supreme Court of India to reverse the decision of the country’s central bank, crypto companies have been pushed out of the local market. Consequently, Bitcoin investors have lost access to fiat-enabled exchanges and have resorted to peer-to-peer exchanges to convert cryptocurrencies,…