Crypto Bulls and Bears Wrestle on What Comes Next for the Bitcoin Price

Crypto Bulls and Bears Wrestle on What Comes Next for the Bitcoin Price 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: Many in the crypto community remained calm and banded together despite the steep drop in the bitcoin price on the heels of an otherwise incredibly bullish month. Bitcoin’s value was slashed by approximately $21 billion in the last 24 hours, with the BTC price currently holding above the $7,000 threshold. The declines were traced back to a mega sell order on Bitstamp exchange, either creating an opportunity for investors who missed the previous run or providing a warning before the other shoe drops. Of course, crypto bulls and…

These Two Blockchain Start-Ups Pulled an $8 Million ICO Exit Scam

These Two Blockchain Start-Ups Pulled an $8 Million ICO Exit Scam 2  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: Two blockchain companies, JoyToken and RepuX, have been dissolved, according to UK business records. Both companies were founded and ICO-funded on the direction of the same people. A Reddit user broke down the scandal for r/CryptoCurrency, hoping someone might have more information. Andrew MacDonald’s JoyToken Winnings JoyToken was to be an “ecosystem” for gambling development. Game developers could use a toolkit and a common token to build provably-fair games. MacDonald saw this as an advantage over simply building a casino on Ethereum. The company never produced a working…

Amazing! Bitcoin Is 2019

Amazing! Bitcoin Is 2019 3  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: In December 2018, the mainstream media proclaimed the death of bitcoin (BTC/USD) for the millionth time. At that point, the first cryptocurrency dropped by as much as 84% from the all-time high of around $20,000 as the price plunged below mining costs. The bearish sentiment was so strong that almost no one dared to long the digital asset. Those who did, however, have been handsomely rewarded because bitcoin is 2019’s best-performing asset globally. Bitcoin Outperforms Other Assets by a Huge Margin It may come as a shock to…

Bitcoin Price Rages Bullish for 4th Straight Month in 2019: Report

Bitcoin Price Rages Bullish for 4th Straight Month in 2019: Report 4  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN.com: Whichever way you slice it the technical picture continues to look more and more bullish for Bitcoin. There is a distinct dip-buying pattern in BTC/USD, and the latest trough has been bought once again today. SFOX’s monthly cryptocurrency volatility outlook is here, and once more the fundamentals are bullish for the 4th straight month. Clear dip-buying in play as Bitcoin’s rally nears $6000- Yahoo Finance The three cornerstones of SFOX’s outlook are price momentum, sentiment and the advance of crypto as a sector. Their latest report sees strong…

Blockchain Will Revolutionize 300 Years of Stock Trading: London Stock Exchange

Blockchain Will Revolutionize 300 Years of Stock Trading: London Stock Exchange 6  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN.com: The London Stock Exchange (LSE) is weighing the benefits of using blockchain technology for issuing stock and settling trades. In an interview with CNBC, the LSE chief executive Nikhil Rathi said he was inspired by early blockchain initiatives at other stock exchanges, and sees the benefit of distributed ledger technology: “You can certainly see distributed ledger technology having an application in the issuance process… I can see that technology being used in settlement too.” LSE, the world’s sixth-largest stock exchange, has been surprisingly open to blockchain technology. Earlier…

152% Gains: Here are March’s Best and Worst Crypto Performers

152% Gains: Here are March’s Best and Worst Crypto Performers 7  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

  March has been a positive month for the cryptocurrency market on the whole. The 31-day period saw the cryptocurrencies’ combined market capitalization dropping to as low as $125.09 billion, and rising to as high as $146.39 billion. A majority of the crypto-assets performed exceptionally well while a handful of them lost significant value. Below are the best and the worst crypto performers, measured by their market performance, spanning from March 1, 00:00 UTC, to March 31, 23:59 UTC, and as well as their volume distribution, liquidity, and market fundamentals.…

Snap Stock Surges 12%: Here’s Why You Shouldn’t Trust This Rally

Snap Stock Surges 12%: Here's Why You Shouldn't Trust This Rally 8  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Snap Stock Surges 12%: Here’s Why You Shouldn’t Trust This Rally Snap. Inc shares are soaring after analysts at BTIG have turned bullish on the outlook for Snapchat. Up more than 12% on the day, there were a couple of notes from BTIG analyst Richard Greenfield that got volumes surging in the fledgling tech company. In my view, the logic of his reasoning could be sound in the near term, but his $15 price target looks a stretch, and he could potentially be misunderstanding what is really going on with…

Bancor Launches Wallet for On-Chain Conversions Between ETH and EOS Tokens

Bancor Launches Wallet for On-Chain Conversions Between ETH and EOS Tokens 9  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Bancor Launches Wallet for On-Chain Conversions Between ETH and EOS Tokens Decentralized liquidity network Bancor has launched a wallet for on-chain conversions between Ethereum (ETH) and Eos (EOS) tokens, according to a press release shared with Cointelegraph on March 12. The new product, Bancor Wallet, is a non-custodial crypto wallet that is designed to enable on-chain crypto conversions between Ethereum and Eos-based tokens “in a single action,” the press release reports. The new wallet is based on Bancor’s recently launched cross-chain protocol BancorX, which allows users to convert between Ethereum…

Fidelity Digital Assets | Taking Its Time Evaluating Ethereum Support

Fidelity Digital Assets | Taking Its Time Evaluating Ethereum Support 10  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

  Earlier in the year, Fidelity Investments launched its arm dedicated to cryptocurrencies. Called Fidelity Digital Assets (FDAS), the branch trades in and takes custody of digital assets. Now, according to FDAS President Tom Jessop, the platform will take its time adding support for Ethereum. Fidelity Digital Assets The platform currently has support for Bitcoin and is still evaluating what cryptocurrencies may be added in the future. Where Ethereum is concerned, the executive has expressed that the company is biding time: “We’d love to have support [for] ether but you…

Billionaire Eugene Kaspersky: World Isn’t Ready for Bitcoin Yet

Billionaire Eugene Kaspersky: World Isn’t Ready for Bitcoin Yet 11  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Billionaire Eugene Kaspersky: World Isn’t Ready for Bitcoin Yet Billionaire Eugene Kaspersky says bitcoin is a brilliant innovation, but the world is not ready for cryptocurrency just yet. However, the CEO of Russian cybersecurity firm Kaspersky Lab believes that will change — in 100 years. Kaspersky made the remarks in an interview with Arabian Business, during which he denied reports that his Moscow cybersecurity company develops spying technology for Russian intelligence. Bitcoin Adoption Requires New World Order Kaspersky says he believes that digital currencies will eventually overtake paper money in…