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

Bitcoin Lights First Green Monthly Candle in 8 Months: Has Accumulation Begun? 2  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…

Grim Stories of Ethical, Privacy Abuses Emerge About Coinbase’s New Partners

Grim Stories of Ethical, Privacy Abuses Emerge About Coinbase’s New Partners 4  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Grim Stories of Ethical, Privacy Abuses Emerge About Coinbase’s New Partners When Coinbase acquired Neutrino for an unspecified amount in February 2019, the news looked like business as usual: A cryptocurrency juggernaut had made another acquisition. But the company in question, specifically the ties it has to the unethical practices of one of its predecessors, suggests that the monolithic Coinbase may be joining the oligarchic ranks of its privacy-hostile, too-big-for-consumer-comfort counterparts in legacy tech. The Ties That Damn On its website, Italian blockchain analysis company Neutrino proudly advertises that its…

Bitcoin Price Weekly Analysis: BTC’s Bullish Break Looks Real Towards $4,500

Bitcoin Price Weekly Analysis: BTC’s Bullish Break Looks Real Towards $4,500 5  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

  Bitcoin price extended gains and broke the $3,950 and $4,000 resistance levels against the US Dollar. The price traded to a new 2019 high above $4,100 and it could continue to rise in the near term. There was a break above a major triangle pattern with resistance near $3,950 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair traded above the $4,150 resistance and it could accelerate towards $4,250 and $4,400. Bitcoin price climbed higher sharply above the $4,000 barrier against the US Dollar.…

Bitcoin Price ‘Bull Cross’ Points to Positive Market Shift

Bitcoin Price 'Bull Cross' Points to Positive Market Shift 6  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…

Bitcoin Price Watch: Pullback In BTC Before Fresh Increase

Bitcoin Price Watch: Pullback In BTC Before Fresh Increase 8  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Bitcoin Price Watch: Pullback In BTC Before Fresh Increase Bitcoin price extended gains above $3,900 and traded close to the $4,000 resistance against the US Dollar. The price traded as high as $3,973 and later started a downside correction. There is a short term breakout pattern in place with support at $3,875 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to correct further lower towards the $3,830 or $3,800 support levels before fresh increase. Bitcoin price failed to surpass the $4,000 resistance…

Op Ed: Why It’s Unsafe to Store Private Crypto Keys in the Cloud

Op Ed: Why It’s Unsafe to Store Private Crypto Keys in the Cloud 9  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Op Ed: Why It’s Unsafe to Store Private Crypto Keys in the Cloud There are two primary reasons why storing your private crypto keys in the cloud is a bad idea. First, your cloud provider represents a centralized honeypot that could experience a security breach, allowing cyber criminals to access your data. For example, in August 2018, a fourth man was jailed in the U.S. for hacking into private Apple iCloud accounts and leaking nude photos of Jennifer Lawrence, Kirsten Dunst, Mary Elizabeth Winstead and others. So it does happen.…

Bitcoin Price Weekly Analysis: BTC Signaling Bullish Continuation, $4K Incoming?

Bitcoin Price Weekly Analysis: BTC Signaling Bullish Continuation, $4K Incoming? 10  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Bitcoin Price Weekly Analysis: BTC Signaling Bullish Continuation, $4K Incoming? Bitcoin price started a downside correction after a sharp move towards $3,750 against the US Dollar. The price corrected lower and tested the $3,540-3,530 support area, where buyers emerged. Later, there was a break above a key bullish flag with resistance near $3,570 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is placed nicely in a positive zone and it could continue to move higher towards $3,650 and $3,800. Bitcoin price is slowly gaining…

Bitcoin Price Analysis: After Sudden Upswing, Bitcoin Price Drifts Downward

Bitcoin Price Analysis: After Sudden Upswing, Bitcoin Price Drifts Downward 11  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Bitcoin Price Analysis: After Sudden Upswing, Bitcoin Price Drifts Downward Last week, we saw a violent move to the upside as bitcoin rallied 11% over the course of one day. Since peaking in the upper $3,600s, bitcoin has seen close to zero bullish follow-through, and the price has begun to drift downward over the course of the last week: Figure 1: BTC-USD, Hourly Candles, Downward Drift Downward-drifting markets like this can often be a sign that distribution is taking place. It represents an overall lack of bullish pressure. And, from…

Crypto Institutional Investment Coming | So Says Mike Novogratz

Crypto Institutional Investment Coming | So Says Mike Novogratz 12  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Crypto Institutional Investment Coming | So Says Mike Novogratz According to a Bloomberg report, Galaxy Digital Holdings founder Mike Novogratz believes that crypto institutional investment will be coming by next year. If this were to be the case, digital coins would most likely rally significantly. Crypto Institutional Investment In an interview with Bloomberg Television, the crypto magnate said the following about digital currency, which he dubs ‘smart money’: “All the architecture that institutions need to feel comfortable with this is being put in place […] You’re going to start to see custody…