Trump Readies Fed Rate Cut amid Dow Plunge but Is It too Late?

Trump Readies Fed Rate Cut amid Dow Plunge but Is It too Late? 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

The Dow Jones has plunged by 2 percent in a single session on Friday as U.S. President Donald Trump issued a stern warning towards China. | Source: REUTERS / Lucas Jackson By CCN Markets: The Dow Jones has plunged by well over 2 percent in a single session on Friday as U.S. President Donald Trump issued a stern warning towards China. The Dow Jones has dropped by more than $1,500 in the past month. | Source: Yahoo Finance Ahead of the G7 Summit, President Trump expressed his displeasure on the…

How Facebook’s Libra Has Been Influencing Crypto, Politics and Finance

How Facebook’s Libra Has Been Influencing Crypto, Politics and Finance 2  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Over the past few days, a number of Libra-related announcements have been made — only, they weren’t from Facebook, the Libra Association, Calibra wallet or any other party involved in its development.  First, top crypto exchange Binance announced a project called “Venus” — coincidentally, another astrology-themed name — which will focus on developing “localized stablecoins” worldwide; the People’s Bank of China (PBoC) said it is almost ready to launch its government-backed digital currency, reportedly admitting that Libra prompted it to speed up; and Erik Finman, ostensibly the youngest Bitcoin (BTC)…

Brian Kelly Is Short-Term Bearish but Sees 'Generational Opp' in Bitcoin

Brian Kelly Is Short-Term Bearish but Sees 'Generational Opp' in Bitcoin 3  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Brian Kelly is bearish on the bitcoin price in the short term but believes there is a generational buying opportunity coming in BTC/USD. | Source: CNBC/YouTube By CCN Markets: The bitcoin price might have broken back above the $10,000 level today, but one notable trader isn’t impressed. Speaking on CNBC, crypto investor Brian Kelly, who is usually the biggest bitcoin bull in the room, made it clear that he has turned bearish on BTC/USD despite its recent bounce. Longer-term, however, Kelly still believes there is a “generational buying opportunity” coming…