Snap Stock Surges 12%: Here’s Why You Shouldn’t Trust This Rally

Snap Stock Surges 12%: Here's Why You Shouldn't Trust This Rally 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Snap Stock Surges 12%: Here’s Why You Shouldn’t Trust This Rally Snap. Inc shares are soaring after analysts at BTIG have turned bullish on the outlook for Snapchat. Up more than 12% on the day, there were a couple of notes from BTIG analyst Richard Greenfield that got volumes surging in the fledgling tech company. In my view, the logic of his reasoning could be sound in the near term, but his $15 price target looks a stretch, and he could potentially be misunderstanding what is really going on with…

House GOP Leader McCarthy Says US Govt. Must Go All-In on Blockchain

House GOP Leader McCarthy Says US Govt. Must Go All-In on Blockchain 2  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

  RepuHouse GOP Leader McCarthy Says US Govt. Must Go All-In on Blockchain Republican House Minority Leader Kevin McCarthy (R-CA) is sounding a lot like a tech entrepreneur these days. In a plea before a select committee on March 12 introducing ideas for Congress to prioritize in the 21st century, the GOP leader made his case for integrating blockchain technology into the government’s day-to-day operations. Kevin McCarthy: U.S. Government Should Dive Head-First into Blockchain McCarthy fell short of proposing that they use a public crypto network such as Ethereum, for…

Shock Court Ruling Holds Crypto Exchange Liable in Singapore’s First Bitcoin Trial

Shock Court Ruling Holds Crypto Exchange Liable in Singapore’s First Bitcoin Trial 3  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Shock Court Ruling Holds Crypto Exchange Liable in Singapore’s First Bitcoin Trial A court has ordered the unhappy operator of crypto exchange Quoine to follow through with a glitched computer transaction that allowed a crypto market liquidity provider to swap ether for bitcoin at a rate of 10 bitcoin to every ether at a time when 1 ETH was worth .036 BTC, not 10. In the Republic of Singapore’s first trial regarding bitcoin, the Singapore International Commercial Court (SICC) issued a judgment Thursday to press Singaporean crypto exchange Quoine to…

Court Rules Quoine Exchange Liable for Reversing Bitcoin Trades Worth Millions

Court Rules Quoine Exchange Liable for Reversing Bitcoin Trades Worth Millions 4  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Court Rules Quoine Exchange Liable for Reversing Bitcoin Trades Worth Millions The Singapore International Commercial Court has ruled against cryptocurrency exchange Quoine after it reversed trades for a total of 3,092 bitcoins (BTC) by crypto market maker B2C2 two years ago. The court published a case summary Thursday, stating that it found Quoine liable for the “breach of contract and breach of trust” in reversing B2C2’s trades made at an “abnormal” exchange rate back in April 2017. B2C2 had made seven trades in which it sold ether (ETH) at an exchange…

Ripple Price Analysis: XRP Turned Buy On Dips After Upside Break

Ripple Price Analysis: XRP Turned Buy On Dips After Upside Break 5  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Ripple Price Analysis: XRP Turned Buy On Dips After Upside Break Ripple price rallied recently and broke many key resistances near $0.3080 against the US dollar. The price even settled above the $0.3100 resistance and the 100 hourly simple moving average. Yesterday’s highlighted key bearish trend line was breached with resistance at $0.3085 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair rallied towards the $0.3250 resistance level and later corrected lower sharply. Ripple price moved nicely into a bullish zone against the US Dollar…

Crypto Mogul Moshe Hogeg’s ICOs Have Unusual Patterns, Analysis Finds

Crypto Mogul Moshe Hogeg's ICOs Have Unusual Patterns, Analysis Finds 6  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Crypto Mogul Moshe Hogeg’s ICOs Have Unusual Patterns, Analysis Finds Best-known internationally as the chief executive of the blockchain smartphone startup Sirin Labs, Moshe Hogeg is becoming known for something else in Israel – mounting lawsuits. As reported extensively by regional news outlets, a lawsuit filed in January claims Hogeg misappropriated funds from the sale of new cryptocurrencies for both his own gain and to benefit his investment portfolio, including Sirin Labs. The judge has reportedly given Hogeg until March 15 to settle with the plaintiff, Chinese investor Zhewen Hu.…

Elon Musk: SEC Chaos Might Allow Tesla CEO to Work on Less ‘Boring Projects

Elon Musk: SEC Chaos Might Allow Tesla CEO to Work on Less ‘Boring Projects 8  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Elon Musk: SEC Chaos Might Allow Tesla CEO to Work on Less ‘Boring Projects If Elon Musk was busy last week, he’s swamped this week. The workaholic Tesla boss has his hands full at the best of times overseeing one of the world’s most valuable car companies (Tesla), a ground-breaking private space exploration enterprise (Space X) and his lesser-known but equally interesting public-transit company (The Boring Company). Telsa has been occupying a lot of media coverage lately, with safety concerns and company layoffs. On Monday his schedule got even more…