Is Ripple Decentralized or Not? Blockchain Expert Ends the Debate

Is Ripple Decentralized or Not? Blockchain Expert Ends the Debate 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Is Ripple decentralized or not? One expert weighs in. | Image: Shutterstock Ripple fans adamantly preach that the cryptocurrency runs on a decentralized network. A quick search of the term “Ripple Decentralized” on Twitter reveals hordes of accounts claiming that “The Standard” is decentralized in nature. Many are even ganging up in an attempt to prove their point. ChardyXBT tweet. | Source: Twitter In addition, the Chief Technology Officer of Ripple Labs, David Schwartz, wrote an article claiming that the XRP Ledger is more decentralized than bitcoin and Ethereum to…

Bitcoin Is 'The Most Extraordinary Bubble of Our Generation' Says Trader – CCN.com

Bitcoin Is 'The Most Extraordinary Bubble of Our Generation' Says Trader – CCN.com 2  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

The next bitcoin bull market is only getting started, analyst claims. | Source: Shutterstock Bitcoin is up by almost 180% year-to-date. To some, the disbelief rally has run its course, and it is now time to short the market. Trade Tosser Tweet | Source: Twitter While a quick short might be profitable now, one trader believes that the rally from $3,000 to almost $14,000 is nothing but a warm-up. According to an analyst, all four BTC bull runs were massive local bubbles. In his humble opinion, bitcoin is the future.…

The U.S. Stock Market's 'Fear Index' Is Flashing an Eerie Warning – CCN.com

The U.S. Stock Market's 'Fear Index' Is Flashing an Eerie Warning – CCN.com 3  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

U.S. stocks are approaching record highs again, but Wall Street’s fear index suggests now is not the time to be complacent. | Image: AP Photo/Richard Drew The CBOE Volatility Index, commonly known as the VIX, is supposed to be one of the most reliable indicators of investor sentiment on Wall Street. The number, which can range anywhere from 1 to 100, provides important insight into how well the S&P 500 Index is performing. So, when the VIX swung below the usually benign 15 level on Wednesday, investors were told to…

Dismal Jobs Growth and Consumer Spending to Supercharge Bitcoin – CCN.com

Dismal Jobs Growth and Consumer Spending to Supercharge Bitcoin – CCN.com 4  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Being bearish on bitcoin has become fashionable, but one analyst explains why it’s never a good idea to bet against the largest cryptocurrency. | Source: Shutterstock Bitcoin bears have come out of hiding over the last few weeks as the number one cryptocurrency struggles to stay above $10,000. Since the digital asset printed a 2019 high of $13,880 on June 26th, market participants started to feel jittery. In the last month, market sentiment has ranged from fear to extreme fear. Crypto market participants are gripped with fear. | Source: Alternative.me…

Tesla Channels Elon Musk in Not-so-Humble Model S Brag – CCN.com

Tesla Channels Elon Musk in Not-so-Humble Model S Brag – CCN.com 5  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Tesla channeled CEO Elon Musk in its not-so-humble brag about the Model S that set a speed record at California’s Laguna Seca racetrack. | Source: REUTERS / Brendan McDermid (i), Tesla/YouTube (ii). Image Edited by CCN. Elon Musk gushed that a prototype for the Tesla “Plaid Model S” broke the speed record for a four-door sedan at the Laguna Seca racetrack in California. Musk excitedly shared the news on Twitter. He noted that the Plaid Model S would be more expensive than other Tesla models but less than its competitors.…

Hacked Florida Auto Shop Refuses to Fork Out $100,000 Bitcoin Ransom – CCN.com

Hacked Florida Auto Shop Refuses to Fork Out $100,000 Bitcoin Ransom – CCN.com 6  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Another day, another case of extortion involving bitcoin. | Source: Shutterstock The website of a Florida-based car parts dealer is currently out of service after a hacker hijacked the domain name and shuttered its hosting provider’s account to ransom it for Bitcoin. Per legal documents and a ransom note that was produced in court where the victim obtained a temporary order preventing the domain name from being transferred from its current host, the domain name of XPort Auto Parts Inc, xportautoparts.com was stolen on August 15th. Stolen in the US,…

Bakkt: Our 'Bitcoin Warehouse' Is as Revolutionary as the ATM – CCN.com

Bakkt: Our 'Bitcoin Warehouse' Is as Revolutionary as the ATM – CCN.com 7  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Bakkt CEO Adam White said that his firm’s “Bitcoin Warehouse” will be revolutionary “like the…ATM.” | Source: Shutterstock Last week, Bakkt opened its “Bitcoin Warehouse” for the storage of customer deposits and withdrawals ahead of its Bitcoin Daily & Monthly Futures launch later this month. Now, Bakkt CEO Adam White is waxing poetic about the revolutionary effect he expects it to have on the financial industry when it goes live on September 23. Today our Warehouse opens for customer bitcoin deposits and withdrawals as we prepare for the Bakkt Bitcoin…

Japan Second-Quarter GDP Revision Sparks Recession Fears – CCN.com

Japan Second-Quarter GDP Revision Sparks Recession Fears – CCN.com 8  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Japan’s economy faces both external and internal risks as latest GDP numbers released. | Source: Shutterstock Japan’s economic expansion cooled more than initially forecast in the second quarter, revised data showed, complicating the government’s planned consumption tax hike later this year. Ironically, the long-delayed sales tax increase is expected to shrink Japan’s GDP output later this year, plunging the country closer to recession. Japan GDP Revised Downward Japan’s gross domestic product – the value of all goods and services produced in the economy – expanded 0.3% in the second quarter,…

Analyst Spots Trend Suggesting Incoming Monster Bitcoin Rally – CCN Markets

Analyst Spots Trend Suggesting Incoming Monster Bitcoin Rally – CCN Markets 11  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

An analyst found that major downturns tend to be healthy for the overall bitcoin price trend. Another analyst explains that 2019 may be a good year for BTC. | Source: Shutterstock Many armchair traders are so focused on the short-term price movement of bitcoin that they forget to look at the big picture. For instance, the widely-followed analyst cryptoamd is expecting the dominant cryptocurrency to dump below $10,000 and then be tapping resistance of $10,500. That’s the trader’s short-term view on the digital asset. Short term outlook on $btc pic.twitter.com/luHSJBqMgw…

Apple’s Big iPhone Event is Coming… It's Going to Be a Dud – CCN Markets

Apple’s Big iPhone Event is Coming... It's Going to Be a Dud – CCN Markets 12  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Apple is due to launch its new series of iPhone phones within days. | Source: Photo by Josh Edelson / AFP Apple is all set to hold an event on Sept. 10 where it will display its 2019 iPhone models. Cupertino is also expected to make other important announcements regarding its video and game streaming services. It’s official, Apple’s next big event is happening Sept. 10 https://t.co/FdSJD3f5Ge — CNET (@CNET) August 29, 2019 But all eyes will be on what Tim Cook has to say about the features and pricing…