Key Bullish Technical Signal Predicts Bitcoin Price Is Approaching $12,000

Key Bullish Technical Signal Predicts Bitcoin Price Is Approaching $12,000 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: The minor bitcoin price rally which Bloomberg initially rejected as an April Fools’ joke has metamorphosized into a laughter riot. The world’s leading cryptocurrency has surged as much as 116.29% since its first notable breakout action of April 2. It established a fresh yearly high $8,947.88 this Monday in what now appears like a tireless bull run. There have been no signs of extreme pullbacks despite bitcoin’s overbought status. And every minor downside correction is influencing more speculators to enter the bitcoin market at a slightly lower intraday rate.…

Gram dApp Devs Reveal Details of Telegram’s Secretive Blockchain

Gram dApp Devs Reveal Details of Telegram’s Secretive Blockchain 2  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: Button Wallet is slated to be one of the first decentralized applications to launch on Telegram’s new blockchain, Telegram Open Network (TON). The secretive project recently opened to beta development, and Button published a blog post detailing how it works currently. https://t.co/6ATLfLAKq5 @telegram #ton #blockchain — BUTTON Wallet (@ButtonWallet) May 26, 2019 Telegram Developers Are “Really Good” The blog post, in part, compliments the TON development team: “Right now [the] developing experience is a bit challenging and unfriendly. Lite client is written on C++ and looks like it’s…

Central Bank of Malawi Says Crypto Is Not Legal Tender, Warns of Trading Risks

Central Bank of Malawi Says Crypto Is Not Legal Tender, Warns of Trading Risks 3  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

The central bank of Malawi announced that crypto is not legal in the country and that the institution is against crypto-related activities, local news agency Nyasa Times reports on May 27. The Reserve Bank of Malawi (RBM) has stated that cryptocurrencies are not legal tender in Malawi and do not represent a substitute to the Malawi kwacha (MWK), the local fiat currency of the southeast African country. The bank has warned its citizens that the government is not planning to recognize investments in cryptocurrencies such as bitcoin (BTC), according to…

Memorial Day Dow Futures Stirs as Trump Teases Major Japan Trade Deal

Memorial Day Dow Futures Stirs as Trump Teases Major Japan Trade Deal 4  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: US stock markets might be closed for Memorial Day, but that hasn’t stopped futures traders pumping the markets. Dow Jones Industrial Average futures rose on Monday as President Trump teased a wide-ranging trade deal with Japan as soon as August. The Japanese Nikkei index also jumped in the Asian session as traders welcomed the news. President @realDonaldTrump and Prime Minister @AbeShinzo met for bilateral meetings and a working lunch at Akasaka Palace. pic.twitter.com/BWTS826ZXT — The White House (@WhiteHouse) May 27, 2019 The cooling trade war tensions are a…

Max Keiser Says

Max Keiser Says 5  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: Broadcaster Max Keiser is a noted bitcoin bull. The host of the Keiser Report on media channel RT is well-known for his $100,000 bitcoin price forecast, telling the world time and again to keep accumulating the digital currency because it is on its way to hitting six figures. Keiser doubled down on his $100,000 bitcoin price target earlier this month. Now he’s reiterating his ambitious outlook, suggesting in an interview with CNBC Crypto Trader that it’s only a matter of time for the bitcoin price to reach his…

Elon Musk’s Insane Payday: 40,668 Times the Median Tesla Salary

Elon Musk’s Insane Payday: 40,668 Times the Median Tesla Salary 6  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: Tesla CEO Elon Musk is bringing home the bacon. So much bacon that his peers will have to settle for the scraps. According to the latest New York Times compensation report, Musk was the highest paid chief executive of 2018. And it wasn’t even close. The polarizing entrepreneur pulled in a whopping $2.3 billion last year, overshadowing the next 65 contestants combined. Elon Musk Secured a Cozy 4.6 Million Percent Raise in 2018 Elon Musk secured a staggering 4.6 million percent raise in 2018. | Source: New York…

Opposition Politicians Demand Details on Luxembourg E-Government Plan for Blockchain, AI

Opposition Politicians Demand Details on Luxembourg E-Government Plan for Blockchain, AI 7  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Opposition party members in the Luxembourg parliament are demanding specifics from the prime minister on a proposed e-government plan, according to a report by the Luxembourg Times on May 24. The plan reportedly centers on the implementation of blockchain technology, as well as artificial intelligence (AI) in government administration. The seat of the newly-created government position Minister for digitalization, Marc Hansen, said there will be an emphasis on improving data storage and transmission in the government with blockchain technology. Laurent Mosar, a prominent member of the opposition Christian Democrats party,…

'Bitcoin Bernie': Mike Novogratz Calls for Radical Weath Redistribution

'Bitcoin Bernie': Mike Novogratz Calls for Radical Weath Redistribution 8  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: These days, billionaire hedge fund titan Mike Novogratz is known more for his rabid Bitcoin pumping than his Wall Street wizardry. However, in a new CNBC interview, he channeled his inner Bernie Sanders to champion another of his passions: wealth redistribution. Novogratz, Bernie, & AOC Find Surprising Common Ground During an appearance on Squawk Box today, Novogratz commented on America’s income equality gap and declared that we need a “redistribution of wealth.” The Galaxy Digital chief believes that one way to do that is to levy taxes on…

Facebook’s Shady Bitcoin Killer Crypto ‘GlobalCoin’ is Coming 2020

Facebook’s Shady Bitcoin Killer Crypto ‘GlobalCoin’ is Coming 2020 9  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: Facebook’s cryptocurrency ambitions could translate into reality as soon as next year. The BBC reports that the social media behemoth is on track to start testing its bitcoin rival – known internally as GlobalCoin – by the end of the year before its digital payments system comes online across 12 countries in the first quarter of 2020. Facebook is attempting to disrupt bitcoin It emerged last month that Facebook was looking for $1 billion in funding for Project Libra, its secretive cryptocurrency project. Facebook Coin Seeks $1 Billion…

Generation Bitcoin: 90% of Millennials Prefer Crypto to Gold: ETF Expert

Generation Bitcoin: 90% of Millennials Prefer Crypto to Gold: ETF Expert 10  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: The US investing industry stands on the precipice of a dramatic upheaval that could see bitcoin and other cryptocurrency assets replace gold in investor portfolios. That’s according to Nate Geraci, president of the ETF Store, an independent investment advisor. He revealed in a Bloomberg TV interview that his millennial clients are clamoring to hold bitcoin in their portfolios – if only the SEC would let them. Crypto in a Landslide: ETF Expert Says Millennials Plan to Kick Gold to the Curb   Responding to a question from…