English Soccer Club Launches Blockchain Fan Token

English Soccer Club Launches Blockchain Fan Token 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

English Premier League soccer team West Ham United turns to blockchain to launch its own token. The “fan token,” powered by Socios.com will allow West Ham’s 40 million supporters to vote on club decisions and gain access to exclusive rewards. The fan token initiative has already been adopted by Juventus and Paris St. Germaine and comes during a wave of mainstream blockchain adoption. Just this week, Jaguar Land Rover inked a deal with cryptocurrency platform IOTA.  West Ham United is proud to announce a partnership with @socios, the blockchain-based fan…

US Stock Brokerage E*Trade Prepares Crypto Trading with Bitcoin and Ether

US Stock Brokerage E*Trade Prepares Crypto Trading with Bitcoin and Ether 2  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN.com: E*Trade Financial Corp. is waking when it comes to the importance of allowing its customers the ability to trade cryptos. It’s readying to allow them to trade Bitcoin and Ethereum, Bloomberg reports. While banks and others have shunned cryptos, E*Trade’s willingness to allow customers to trade them is significant. It’s another step in the mass adoption of cryptos, which have been plagued by criticism. Entrance Would Do Wonders For Cryptos Bloomberg spoke to anonymous sources about E*Trade’s plans. Allowing crypto trading would make E*Trade one of the largest…

Rakuten Taps Chinese Blockchain Firm for $60 Billion Authenticity Market

Rakuten Taps Chinese Blockchain Firm for $60 Billion Authenticity Market 3  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: In 2008, at least 54,000 Chinese babies suffered after ingesting formula that had been contaminated. Demand for safe products has grown year over year, every year, since then. Companies like blockchain-centric Techrock have capitalized on this market by finding unique solutions to the authenticity problem. Techrock uses the blockchain to track every step of a product’s lifecycle and rewards consumers for verifying it through their mobile phones. Chinese Consumers Increasingly Willing to Pay a Premium for Authentic Imported Food In China, it is reportedly difficult to get authentic…

7 Reasons Bitcoin Price Will Smash Record Highs in 2020: Tom Lee

7 Reasons Bitcoin Price Will Smash Record Highs in 2020: Tom Lee 4  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN.com: Bitcoin permabull and Fundstrat Global co-founder, Tom Lee says the worst is over for bitcoin. In an interview with CNBC, Lee said the bitcoin price will likely see a new all-time high in 2020, eclipsing the previous $20,000 mark. Lee is famous for inflated bitcoin price predictions, but he backed up the latest forecast with seven key indicators. 1. The bitcoin halving is coming Every four years, the bitcoin block reward is cut in half to maintain the strict 21 million supply. It gives bitcoin an artificial scarcity…

Bitcoin News Summary – April 29, 2019

Bitcoin News Summary - April 29, 2019 6  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Here’s what happened this week in Bitcoin in 99 seconds. Crypto payments processor, Moon, announced a new Chrome browser extension which will allow Amazon purchases via Bitcoin’s Lightning Network. Coinbase account holders will also be able to pay via Bitcoin’s base layer, Ethereum, Litecoin, and Bitcoin Cash. A survey of South Koreans revealed that 7.4% of the country’s population owns some form of crypto. South Koreans own an average of over $6,000 worth of crypto, which is a 64% annual increase. People in their 50s hold the largest crypto balances.…

Billionaire Warren Buffett Lags Stocks, Seems Jealous of Bitcoin

Billionaire Warren Buffett Lags Stocks, Seems Jealous of Bitcoin 7  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: Far be it from this columnist to criticize one of the most successful stock market investors of all time, but maybe Warren Buffett’s just jealous of bitcoin. A stock market genius who began investing at 11 year’s old, Buffett’s company Berkshire Hathaway is now trailing the S&P 500. That’s got to hurt. Worse, over the past decade, investors would have been better off putting their money into the S&P 500 than his company’s stock. The Financial Times, which interviewed Buffett, did the math, saying investing $1 into each…

McAfee Says His Bitcoin Debit Card

McAfee Says His Bitcoin Debit Card 8  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: John McAfee just tweeted out from somewhere in the Bahamas a teaser image for a new crypto debit card. The dotcom, anti-virus-millionaire promises the Visa-branded bitcoin card will be coming soon. From the teaser promo, it appears you can use your card to spend bitcoin anywhere Visa is accepted. McAfee has a history of making false promises, the most recent of which was that he would reveal the identity of bitcoin creator Satoshi Nakamoto. So for all those in crypto land who are waiting with bated breath for…

Pro-Bitcoin Ohio Bill Promotes Government Adoption of Blockchain

Pro-Bitcoin Ohio Bill Promotes Government Adoption of Blockchain 9  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN.com: A bill introduced this week in the Ohio House of Representatives urges government entities to adopt blockchain, the technology underpinning bitcoin. Republican state representative Rick Carfagna sponsored the bill. The legislation, called House Bill 220, is part of Ohio’s plan to provide a legal framework for distributed ledger technology such as blockchain (see text below). Rep. Carfagna did not return CCN’s calls for comment. The legislation would enable the establishment of a decentralized online record for transactions such as car titles or hunting licenses, according to Cleveland.com. Ohio…

$850 Million Bitfinex Bombshell Disproves Crazy Bitcoin Conspiracy

$850 Million Bitfinex Bombshell Disproves Crazy Bitcoin Conspiracy 10  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: ShapeShift CEO Erik Voorhees made a valid observation on Twitter today, pointing out that there’s some degree of irony in the charges potentially facing embattled Bitcoin exchange Bitfinex: Tether had the cash reserves, despite wide speculation that the company had issued far more crypto tokens than it could settle. Ironically, this latest Bitfinex drama may be the one thing that disproves the “Bitfinex’ed” conspiracy theory. If USD in that amount was seized/stolen/held by Crypto Capital, then the USD backing Tether DID actually exist after all. @Bitfinexed claim was…

SBI’s Crypto Exchange SBIVC Achieves Profits in First Fiscal Year, Considers STO

SBI’s Crypto Exchange SBIVC Achieves Profits in First Fiscal Year, Considers STO 12  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

New Japanese crypto exchange SBI Virtual Currencies (SBIVC) achieved profitability in the first year of its launch, Cointelegraph Japan reports on April 26. SBIVC exchange, launched by Tokyo-based financial services giant SBI Holdings, reportedly recorded a profit before tax of almost 360 million Japanese yen ($3.2 million) for the full fiscal year from April 2018 to March 31, 2019. SBI also made a number of major announcements in its new financial report. As such, SBI revealed that it is considering the launch of a security token offering (STO) later this…