Area 51 Aliens Are Not Behind Anheuser-Busch's Planned Asset Sales

Area 51 Aliens Are Not Behind Anheuser-Busch's Planned Asset Sales 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Anheuser-Busch InBev appears to be considering a sale of some of its assets following its decision to call off the IPO of its Asian business. The decision comes on the heels of scraping its Asia IPO. Still, Anheuser-Busch hasn’t lost its sense of humor. Rather than dwell on the IPO loss, it instead decided to have some fun with its Bud Light brand in regards to the viral “Area 51” story: Screw it. Free Bud Light to any alien that makes it out. https://t.co/AOWOYL3Oyp — Bud Light (@budlight) July 17,…

Fund Manager: US Might Have Already Lost Crypto Innovation Race

Fund Manager: US Might Have Already Lost Crypto Innovation Race 2  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

As U.S. lawmakers wrestle with what to do with Facebook’s Libra, they are being forced to confront another digital currency that they’ve been trying to avoid like the plague – bitcoin. Unfortunately, the longer lawmakers wait, the more left behind the U.S. becomes as crypto innovation goes elsewhere. Even Facebook chose Switzerland for its Libra coin. Many thanks to Chair @RepMaxineWaters, Ranking Member @PatrickMcHenry, and the rest of the House Financial Services Committee for devoting so much time to discuss Libra today. We will take the time to get this…

Libra's So Terrifying It's Making Congress Suddenly Embrace Bitcoin

Libra's So Terrifying It's Making Congress Suddenly Embrace Bitcoin 3  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

I never thought I’d see a high-ranking politician stand up and declare, “I like bitcoin.” But that’s exactly what just happened. House Minority Leader Kevin McCarthy practically sung bitcoin’s praises this week. How did we get here? How did we go from politicians ignoring and slamming bitcoin to embracing it?  The reason is Facebook. Lawmakers hate Facebook’s cryptocurrency Libra so much, bitcoin is actually starting to look good. As McCarthy explained, the decentralized blockchain’s open model is preferable to Facebook’s vice grip: “I want to see decentralization because Libra concerns…

Jamie Dimon Just Threw Serious Shade at Facebook & Libra

Jamie Dimon Just Threw Serious Shade at Facebook & Libra 4  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Despite his best efforts, Jamie Dimon has never been one to mince words on the subject of cryptocurrency. So it shouldn’t be all that surprising that when confronted about his thoughts on Libra, the JPMorgan CEO threw some serious shade at Mark Zuckerberg’s pet blockchain. JPMorgan Chief on Libra: Get Back to Me in Three Years Speaking on Tuesday, Dimon played down the threat from Libra, which has become the talk of the town on Wall Street and in Washington. Everyone from Maxine Waters to Jerome Powell to Donald Trump…

Treasury Secretary Seals Bitcoin's Impending Death by a Thousand Cuts

Treasury Secretary Seals Bitcoin's Impending Death by a Thousand Cuts 5  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Following Donald Trump’s sudden and mysterious tweets regarding bitcoin last week, Treasury Secretary Steven Mnuchin held an unexpected press conference on Monday. He used coded language telegraphing the end of bitcoin and cryptocurrency. The Feds Want to Stop Crimes and Stabilize Markets Steven Mnuchin was not lying when he said that the federal government wants to crack down and stop any criminal activity that uses cryptocurrencies for payment. That’s a high priority for the federal government, especially as it relates to terrorism, the drug trade, and money laundering. The United…

The Best Crypto Industry Reaction to Trump's Bitcoin-Bashing Tweet

The Best Crypto Industry Reaction to Trump's Bitcoin-Bashing Tweet 6  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Donald Trump weighed in on bitcoin and cryptocurrencies, predictably on Twitter, last week. It wasn’t very positive, to say the least. Trump said he’s “not a fan” of bitcoin and cryptocurrencies. Then he listed the typical objections people like Paul Krugman and Nouriel Roubini have made. Trump also took a shot at Libra, Facebook’s disruptive digital currency project. The crypto industry’s reaction was swift and mercilessly funny. What about TrumpCoin? Binance CEO Changpeng Zhao poked fun at TrumpCoin. you mean this isn’t yours? damn… https://t.co/502SLoZQmh — CZ Binance (@cz_binance) July…

How's Your Stock Portfolio Doing? Depends on Where You Live.

How's Your Stock Portfolio Doing? Depends on Where You Live. 7  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Fascinating research from JPMorgan reveals that although the stock market is booming, the performance of your individual portfolio depends heavily on what state you live in. That’s because U.S. investors living in different regions tend to favor some S&P 500 sectors over others. Your Stock Portfolio Likely Has a Hidden Regional Bias According to JPMorgan’s Q3 2019 Guide to Markets, New Englanders are 9% more likely than the national average to own stocks in financials. They’re 10% less likely, however, to own energy stocks. Stock portfolio sector allocation by U.S.…

$16,000: Crypto Trader Screams Bullish Green Bitcoin Price in July

$16,000: Crypto Trader Screams Bullish Green Bitcoin Price in July 8  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Bitcoin is having a mixed July so far. The price of the flagship cryptocurrency has hit a slump of late after beginning the month on a solid footing thanks to President Trump’s latest tirade and the aspersions being cast on Facebook’s Libra cryptocurrency. But despite the recent dip in bitcoin prices, one trader still believes that the cryptocurrency could end July at $16,000. BITCOIN Targeting $16000 within July. – #BTCUSD chart https://t.co/InjL0qdgEX — TradingShot (@TradingShot) July 10, 2019 An aggressive bull cycle could push bitcoin prices higher TradingShot is a…

FTC Nukes Facebook with Record $5B Fine, and Zuck Will Laugh It Off

FTC Nukes Facebook with Record $5B Fine, and Zuck Will Laugh It Off 9  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

The Federal Trade Commission has whacked Facebook with a record $5 billion fine stemming from the 2018 scandal in which a political consulting firm improperly accessed Facebook user data. The fine comes as a result of settlement talks between the two entities. The consulting firm, Cambridge Analytica, scraped data from 87 million Facebook profiles without the consent of their users to be used for political advertising. This led to Mark Zuckerberg testifying before Congress regarding Facebook’s privacy policies. The fine is more than 200 times greater than the previous largest…

Secret's Out: Goldman Sachs is Scouting its Cryptocurrency Chief

Secret's Out: Goldman Sachs is Scouting its Cryptocurrency Chief 10  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Look out, Facebook! Goldman Sachs is now hiring a cryptocurrency project manager. The firm wants their new project manager to lead the development of Distributed Ledger Technology. The Wall Street bank’s foray into cryptocurrency is part of its GS Accelerate initiative. Goldman Sachs is Signing up Customers for its Bitcoin Trading Product: Report https://t.co/VOcaLh15aM — CCN Markets (@CCNMarkets) October 30, 2018 The open Vice President / Executive Director level position will be responsible for developing, “comprehensive road maps for distributed ledger technology development.” They want the new project manger to…