Watch Ripple’s CEO Rant about JPMorgan’s Crypto

Watch Ripple's CEO Rant about JPMorgan's Crypto 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Watch Ripple’s CEO Rant about JPMorgan’s Crypto In a Brad Garlinghouse vs. Jamie Dimon crypto showdown, the Ripple chief is not the least bit intimidated by his Wall Street rival. Ripple CEO Unloads on JPMorgan Cryptocurrency at DC Blockchain Summit Garlinghouse was featured as the keynote speaker at DC Blockchain Summit 2019, where he gave a fireside chat with Nasdaq’s Jill Malandrino. The elephant in the room, metaphorically speaking, was the recent news of Wall Street bank JPMorgan issuing the so-called “cryptocurrency JPM Coin for its institutional clients. Garlinghouse, who…

CEO of Crypto City Project Bitcointopia Pleads Guilty to Selling Land He Didn’t Have

CEO of Crypto City Project Bitcointopia Pleads Guilty to Selling Land He Didn’t Have 2  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

CEO of Crypto City Project Bitcointopia Pleads Guilty to Selling Land He Didn’t Have Morgan Rockcoons, also known as Morgan Rockwell, has pleaded guilty to two cryptocurrency-related charges in San Diego federal court this week. Rockcoons admitted both to selling land he didn’t have for a crypto city project dubbed “Bitcointopia” and to operating a money transmitting business without a license, daily news outlet the Los Angeles Times (LA Times) reported on March 8. Per the report, Rockcoons first attracted the attention of law enforcement in 2015 with his Bitcoin…

Tesla

Tesla 3  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Tesla Billionaire Elon Musk and all 11 members of Tesla’s board of directors have been named in a shareholder lawsuit claiming the Tesla CEO’s “unchecked misstatements on Twitter” have harmed the company. The lawsuit was filed March 8 in the Delaware Court of Chancery by the Laborers’ District Council and Contractors’ Pension Fund of Ohio, a Tesla shareholder. The plaintiffs seek a declaratory judgment and a permanent injunction against Musk over “his unchecked use of Twitter to make inaccurate statements about the company.” They are also pursuing an unspecified amount…

Canadian Federal Tax Agency Targets Bitcoin Investors

Canadian Federal Tax Agency Targets Bitcoin Investors 4  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Canadian Federal Tax Agency Targets Bitcoin Investors The Canada Revenue Agency (CRA) has apparently been specifically targeting bitcoin and crypto investors as part of its broader tax strategy to keep tabs on their cryptocurrency investments, including how they purchase these assets. Forbes reported on this story in early March, detailing some of the tactics of the CRA, which include audits and questionnaires. In addition to subjecting cryptocurrency investors to audits, many of these same users have also been sent “comprehensive questionnaires to fill out regarding their bitcoin-related activity over the…

BMO Warns US Stock Market Could Crash to ‘Ugly’ December Lows

BMO Warns US Stock Market Could Crash to ‘Ugly’ December Lows 5  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

BMO Warns US Stock Market Could Crash to ‘Ugly’ December Lows A critical re-test of December lows could place severe pressure on the US stock market. With the Dow already reeling from five straight days of losses, BMO’s chief analyst Russ Visch warns things could get “ugly” for the index and its peers, the S&P 500 and Nasdaq. BMO: S&P 500 Crosses Critical Selling Trigger ZeroHedge outlined the S&P 500’s drop below 2,750 as a “critical selling trigger,” warning that commodity traders have now started to sell. Adding to the…