As Bitcoin Drops Below $3,800, Ethereum and EOS Plunge 5%: is Crypto on the Decline?

As Bitcoin Drops Below $3,800, Ethereum and EOS Plunge 5%: is Crypto on the Decline? 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

As Bitcoin Drops Below $3,800, Ethereum and EOS Plunge 5%: is Crypto on the Decline? In the last 24 hours, the Bitcoin price dropped from $3,874 to $3,764 by 2.8 percent, leading major crypto assets such as Ethereum and EOS to lose well over 5 percent of their value against the U.S. dollar. Valuation of the Crypto Market in the Past 3 Months (Source: Coinmarketcap.com) The valuation of the crypto market fell by $4 billion from $130 billion to $126 billion, dropping to the $120 billion region for the first…

Bitcoin Haters Keep Calling Crypto Dead – It

Bitcoin Haters Keep Calling Crypto Dead - It 2  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Bitcoin Haters Keep Calling Crypto Dead – It Since 2011, mainstream media outlets, bank executives, economists, and other skeptics have gleefully proclaimed Bitcoin’s demise after every major correction from its all-time high. Bitcoin Will Keep Defying its Critics In the past ten years, Bitcoin has experienced five 85 percent corrections including the recent 14-month bear market. However, the dominant cryptocurrency has managed to survive each correction, achieving a new all-time high after every major drop and defying the critics. 2013 – “Game Over, Bitcoin” – @businessinsider | $110.68 “The bubble…

Report Claims That “Sextortionists” Absconded With Over $300,000 in…

Report Claims That “Sextortionists” Absconded With Over $300,000 in... 3  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Report Claims That “Sextortionists” Absconded Most cyberattacks in the crypto space involve hackers finding a way around the security of crypto exchange platforms and gaining access to users’ funds. Last year saw the entry of a new breed of cyber extortionists that seems to be gaining ground, so much so that they were able to steal over $300,000 in bitcoin (BTC) tokens in 2018. According to a report by research and risk assessment firm Digital Shadows, this scam was committed through a wide array of “sextortion” blackmail strategies, which included…

Bitcoin Lights First Green Monthly Candle in 8 Months: Has Accumulation Begun?

Bitcoin Lights First Green Monthly Candle in 8 Months: Has Accumulation Begun? 4  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Bitcoin Lights First Green Monthly Candle in 8 Months: Has Accumulation Begun? For the first time in eight months since July 2017, Bitcoin has recorded a green monthly candle on its 1-month price chart. In technical analysis, a green monthly candle materializes when the price of an asset, in this case, Bitcoin, ends the month higher than its price at the beginning of the month. 1-Month Price Chart of Bitcoin. | Source: TradingView On February 1, Bitcoin opened its monthly candle at $3,413. On February 28, the dominant cryptocurrency closed…

MKR, THETA, ENJ, MET: These 4 Cryptos Outperformed the Market in February

MKR, THETA, ENJ, MET: These 4 Cryptos Outperformed the Market in February 6  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

MKR, THETA, ENJ, MET: These 4 Cryptos Outperformed the Market in February With February’s crypto market activity now etched in the record books, signs are emerging that a long crypto winter may be close to an end. The total market value of all cryptocurrencies jumped 14.14 percent over the 28-day period – the first monthly gain since July, according to CoinMarketCap, largely due to signs of life in bitcoin. The leading cryptocurrency by market capitalization, BTC appreciated by 12.1 percent to end February by breaking its record six-month losing streak. But while BTC…

Constantinople Will Improve Ethereum But Will ETH Dump?

Constantinople Will Improve Ethereum But Will ETH Dump? 10  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Constantinople Will Improve Ethereum But Will ETH Dump? Ethereum prices bearish, strong liquidation at $170 Constantinople in progress Transaction volumes increase in last weeks but will accumulation trigger bulls After previous attempts flopped, we expect the ongoing Constantinople upgrade to be a success. Whether that will rouse price action, we don’t know, but for bulls to be firmly in control, prices must rally above $170 or Dec 2018 highs. Ethereum Price Analysis Fundamentals As you read this, Constantinople software upgrade may be in progress and the second stage of the…

UK Bitcoin Trading Volume Hits $65 Million Average

UK Bitcoin Trading Volume Hits $65 Million Average 11  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

UK Bitcoin Trading Volume Hits $65 Million Average The last three months in the United Kingdom’s bitcoin market has been no less than amazing, indicated Skew. The London-based data analytics portal revealed that the region developed a strong bitcoin trading traffic in the last 120 days. It shared a graph across its social media channels, reflecting upon the growing presence of traders in the UK’s crypto climate. Per the chart, traders on BitMex were contributing approximately $65 million worth of XBT/USD trading volume every day over the past three months.…

Bitcoin Price May Rise in March Despite Month’s Bearish Track Record

Bitcoin Price May Rise in March Despite Month's Bearish Track Record 12  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Bitcoin Price May Rise in March Despite Month’s Bearish Track Record View Bitcoin could end the five-year March losing streak with solid gains if resistance at $4,190 (high of last week’s inverted bullish hammer) is convincingly scaled in the next week or two. The cryptocurrency reinforced a bullish triangle breakout witnessed last week with a quick recovery from sub-$3,700 levels yesterday. This “buy the dip” mentality indicates scope for a break above the recent high of $4,190. The focus would shift to the primary bearish trend seen on the monthly…

Bitcoin Price On Track to End Six-Month Losing Streak

Bitcoin Price On Track to End Six-Month Losing Streak 14  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Bitcoin Price On Track to End Six-Month Losing Streak View Bitcoin appears on track to snap its six-month losing streak and close February in the green for the fifth consecutive year. BTC may remain better bid in March, as the weekly chart is signaling bearish exhaustion. The short-term outlook remains bullish, with BTC holding above $3,714 and a bounce from 10-candle MA on the three-day chart could yield a move toward $4,000. On the downside, a UTC close below $3,714 would validate a bearish outside reversal candle seen in the…

Widow of QuadrigaCX CEO Denies Hiding Assets from Crypto Creditors

Widow of QuadrigaCX CEO Denies Hiding Assets from Crypto Creditors 17  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Widow of QuadrigaCX CEO Denies Hiding Assets from Crypto Creditors Jennifer Robertson, widow of QuadrigaCX CEO Gerald Cotten, asked a judge to put a restructuring specialist in charge at the failed crypto exchange, saying her management role has brought unwanted public attention. In an affidavit filed with the Supreme Court of Nova Scotia in Canada, Robertson asked for Peter Wedlake, a retired partner and senior vice president at audit firm Grant Thornton, to be appointed chief restructuring officer (CRO). In this role, Wedlake would take charge of Quadriga’s efforts to…