Bitcoin Price Watch: BTC Could Retest $3,600 Before Buyers Reappear

Bitcoin Price Watch: BTC Could Retest $3,600 Before Buyers Reappear 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Bitcoin Price Watch: BTC Could Retest $3,600 Before Buyers Reappear Bitcoin price failed on many occasions to break the key $3,860 resistance level against the US Dollar. The price started a downward move and broke the $3,800 and $3,760 support levels. There was a break below a declining channel with resistance at $3,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is trading in a bearish zone and it could decline further below $3,700 and $3,680. Bitcoin price failed to climb above key resistances…

Ripple (XRP) Fundamentals and Technicals Sync, Bulls on the Way

Ripple (XRP) Fundamentals and Technicals Sync, Bulls on the Way 2  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Ripple (XRP) Fundamentals and Technicals Sync, Bulls on the Way Ripple (XRP) up 3.5 percent Comments from SEC will clear XRP classification status Transaction volumes more than double those of early Feb—streams from BitFinex How XRP is classified will determine whether the asset will crumble or soar. Even so, the addition at CoinBase Pro and CoinBase opening up the currency to more than 26 million customers is massive for XRP. From candlestick arrangement, it is likely that prices will edge higher in response. Ripple Price Analysis Fundamentals A decade later…

Bitcoin is ‘Potentially Disruptive’ to PayPal & Visa: Analyst

Bitcoin is ‘Potentially Disruptive’ to PayPal & Visa: Analyst 3  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Bitcoin is ‘Potentially Disruptive’ to PayPal & Visa: Analyst Bitcoin or another cryptocurrency won’t supplant PayPal and credit cards as payment options yet, but they could in due time. That’s the assessment of Lisa Ellis, an equity analyst with sell-side research firm MoffettNathanson. “Cryptocurrency systems (e.g., Bitcoin, Ethereum, Ripple) are potentially disruptive to private payment systems,” Ellis wrote in a client note. “Their core design characteristics — which are aimed at enabling ‘freedom of money’ — are in direct contrast to the characteristics of most traditional, private payment systems.” Ellis: Visa…

Bitcoin Price Watch: BTC Remains Sell Until It Breaks 100 SMA

Bitcoin Price Watch: BTC Remains Sell Until It Breaks 100 SMA 4  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Bitcoin Price Watch: BTC Remains Sell Until It Breaks 100 SMA Bitcoin price is slowly recovering and it is currently trading above the $3,750 support against the US Dollar. There was a break above a short term contracting triangle with resistance at $3,795 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to struggle near the $3,860 resistance and the 100 hourly simple moving average. Buyers could gain traction only if there is a close above $3,900 and the 100 hourly SMA in…

Samsung Galaxy S10 Supports COSMEE and Other Crypto Projects

Samsung Galaxy S10 Supports COSMEE and Other Crypto Projects 5  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Samsung Galaxy S10 Supports COSMEE and Other Crypto Projects It says a lot for cryptocurrency everywhere that one of the biggest phone brands in the world has added support for digital assets in its latest release. Samsung’s new Galaxy S10 series has done just that, with a built-in wallet function for Bitcoin, Ethereum, and two other altcoins. Samsung Galaxy S10 Supports Crypto A Samsung official unveiled the phone’s new features at the Mobile World Congress in Barcelona, Spain yesterday. The phone has been created with “various crypto and blockchain related projects”…

Netherlands: Bitcoin Trader Attacked in His Home

Netherlands: Bitcoin Trader Attacked in His Home 6  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Netherlands: Bitcoin Trader Attacked in His Home A Bitcoin (BTC) trader has been attacked in his home in the Netherlands by a group of robbers disguised as the police, local news outlet De Telegraaf reported on Feb. 23. A 38-year Tjeerd H. was reportedly the victim of a violent raid in his home in Drouwenerveen on Feb. 10, wherein a group of criminals wearing balaclavas and bulletproof vests with a police coat threatened him with firearms. While the motive of the raid is not clearly established, De Telegraaf conducted their…

US Government Returns Bitcoins Retrieved Following 2016 Bitfinex Hack

US Government Returns Bitcoins Retrieved Following 2016 Bitfinex Hack 7  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

US Government Returns Bitcoins Retrieved Following 2016 Bitfinex Hack Bitfinex has announced that some of the bitcoin stolen in a major 2016 hack has been returned by the U.S. government. In a blog post published Monday, the exchange said that 27.66270285 BTC – worth just over $104,000 at time of writing – have been received from the U.S. government, and come as the result of U.S. law enforcement efforts. Bitfinex said that, since the hack, it has been collaborating with international law enforcement agencies “to provide intelligence and assist with investigations,”…

Traditional Funds and Crypto

Traditional Funds and Crypto 8  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Traditional Funds and Crypto “Crypto is currently regarded as a distinct type of technology by entrepreneurs, funding sources, and developers. By creating a separate fund, AH hopes [to put itself in a better position] within this community that would be the case by continuing to invest through its general IT funds.” Traditional Funds and Crypto The University of Michigan’s investment comes amidst growing speculation about institutional investments in the cryptocurrency space. Earlier this week, two Virginia pension funds invested undisclosed sums into Morgan Creek Digital’s $40 million venture fund. The same…

Bitcoin Price ‘Bull Cross’ Points to Positive Market Shift

Bitcoin Price 'Bull Cross' Points to Positive Market Shift 9  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Bitcoin Price ‘Bull Cross’ Points to Positive Market Shift View Bitcoin’s three-day chart is showing a bullish crossover of the 5- and 10-day exponential moving averages for the first time since July. The crossover looks decisive as both EMAs are now trending north, validating the bearish-to-bullish trend change signaled by the high-volume triangle breakout seen on the 3-day chart. The cryptocurrency could test December highs above $4,200 in the near term. A minor pullback to $3,800 may be seen in the next 24 hours, as signs of bullish exhaustion have…

Dow, Bitcoin Wobble While Trump Gives Ridiculous Stock Market Analysis

Dow, Bitcoin Wobble While Trump Gives Ridiculous Stock Market Analysis 11  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Dow, Bitcoin Wobble While Trump Gives Ridiculous Stock Market Analysis Neither the Dow nor the bitcoin price made a strong move following Wednesday’s opening bell, though US President Donald Trump’s bombastic stock market commentary provided more than enough entertainment for investors on Wall Street and Main Street alike. Dow Quiet as Stock Market Enters Mid-week Session As of 10:50 am ET, the Dow Jones Industrial Average had climbed by 34.22 points or 0.13 percent. The S&P 500 rose 3.91 points or 0.14 percent, while the Nasdaq increased by 23.17 points…