Bitcoin Price Plunge to $1,000 is Possible, Say Traders; Could it Happen?

Bitcoin Price Plunge to $1,000 is Possible, Say Traders; Could it Happen? 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Bitcoin Price Plunge to $1,000 is Possible, Say Traders; Could it Happen? Since January, for over two months, Bitcoin has remained in a relatively tight price range from $3,200 to $4,000, unable to break out of key resistance levels above $4,200. Similarly, from September to November, in an identical time frame, Bitcoin maintained low volatility in the $6,100 to $6,700 range. Bitcoin 2-Year Chart (Source: Coinmarketcap.com) The last time the dominant cryptocurrency showed an extended period of stability, it dropped from the $6,000 region to $3,122, by nearly half. Some…

Kraken Exchange Offers $100K Reward for Missing QuadrigaCX Crypto

Kraken Exchange Offers $100K Reward for Missing QuadrigaCX Crypto 2  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Kraken Exchange Offers $100K Reward for Missing QuadrigaCX Crypto Crypto exchange Kraken is offering up to $100,000 to anyone who can help solve this year’s biggest blockchain mystery: what happened to QuadrigaCX’s coins? Kraken announced Thursday it would pay the reward to users who could help it locate the missing funds. Any tips sent to the platform will, in turn, be shared with law enforcement, the company said in a blog post. The reward is payable in fiat or cryptocurrency. To participate, Kraken is encouraging users to listen to a pair…

Bitcoin Investors Should Buy Post-Crash Dip Now, Says VC Chief

Bitcoin Investors Should Buy Post-Crash Dip Now, Says VC Chief 3  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Bitcoin Investors Should Buy Post-Crash Dip Now, Says VC Chief Venture capitalist Fred Wilson suggested that bitcoin investors buy the post-crash dip because there are a lot of exciting developments right now that make the crypto industry worth investing in. Wilson proffered the advice in a February 28 blog post: “We are in the post-crash cycle in crypto, and that has made the sector interesting to me again. Prices are way down and there is a lot of great work being done on projects we are invested in and projects…

Bitcoin Price Holds Above $3,700 But Bulls Need Progress Soon

Bitcoin Price Holds Above $3,700 But Bulls Need Progress Soon 4  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Bitcoin Price Holds Above $3,700 But Bulls Need Progress Soon View Bitcoin’s defense of $3,700 is encouraging, but a positive follow-through is needed soon to invalidate a bear flag pattern that has developed on the hourly chart. A UTC close below $3,714 would validate Sunday’s bearish outside reversal candle and confirm a bullish-to-bearish trend change. The probability of BTC closing today below $3,714 would rise if the cryptocurrency drops below $3,764 in the next few hours confirming a bear flag breakdown. A bear flag breakdown, if confirmed, would open the…

What Caused The $17 Billion Crypto Flash Crash?

What Caused The $17 Billion Crypto Flash Crash? 6  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

What Caused The $17 Billion Crypto Flash Crash? What goes up must come down. Many had predicted a market correction but few of them expected it to be so fast and so violent. In just over an hour $14 billion was unceremoniously dumped out of crypto markets as Bitcoin and its brethren plunged back below previous levels of resistance. 2019’s Largest Single Day Dump Crypto markets are still showing no signs of settling down and remain as turbulent and volatile as ever. The rout which began at 14.00 UTC yesterday…

Samsung Galaxy S10 Breaks into the Cryptocurrency Space

Samsung Galaxy S10 Breaks into the Cryptocurrency Space 7  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Samsung Galaxy S10 Breaks into the Cryptocurrency Space Less than 24 hours ago, Samsung Mobile announced the release of its next-generation Galaxy smartphone. The new Samsung Galaxy S10 is beautifully designed, and it includes a new feature that many crypto enthusiasts might appreciate. Meet the Next Generation Galaxy. #GalaxyS10 Learn more: https://t.co/UstjA79jjF pic.twitter.com/hXOOfafTH1 — Samsung Mobile (@SamsungMobile) February 20, 2019   Samsung Galaxy S10 In the official press release Samsung explains: “Galaxy S10 is built with defense-grade Samsung Knox, as well as a secure storage backed by hardware, which houses…

Ripple (XRP) Falter, Liquidation at 34 Cents

Ripple (XRP) Falter, Liquidation at 34 Cents 8  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Ripple (XRP) Falter, Liquidation at 34 Cents Ripple prices under pressure at 34 cents Instimatch Global partner with R3 Corda Settler Transaction volumes high but could dip in coming days There is consolidation happening in the remittance space, and it is good news that Instimatch Global is partnering with R3 Corda Settler. Yoshitaka’s SBI Holdings is behind Ripple Inc and R3 and therefore, successful use will see XRP demand increase as prices finally break above 40 cents. Ripple Price Analysis Fundamentals Instimatch Global, a firm that says “enables a diverse…

Coinbase Snaps Up Blockchain Intelligence Startup Neutrino

Coinbase Snaps Up Blockchain Intelligence Startup Neutrino 9  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Coinbase Snaps Up Blockchain Intelligence Startup Neutrino U.S.-based digital asset platform Coinbase has acquired blockchain intelligence startup Neutrino. The company made the news known earlier today, February 19, 2019, but the cost of the acquisition was not disclosed. The announcement reads: “Neutrino’s technology is the best we’ve encountered in this space, and it will play an important role in legitimizing crypto, making it safer and more accessible for people all over the world.” The blockchain startup will analyze data on public blockchains and help prevent theft of funds on Coinbase,…

Crypto Market Round-Up: Another Bitcoin Break Near $4000 or Are The Bulls Rushing the Gate?

Crypto Market Round-Up: Another Bitcoin Break Near $4000 or Are The Bulls Rushing the Gate? 10  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Crypto Market Round-Up: Another Bitcoin Break Near $4000 or Are The Bulls Rushing the Gate? Bitcoin is over $3900 globally, though many exchanges still have it trading closer to $3850. Ethereum’s broken beyond $140, might take $150 before the day is through. Bitcoin Cash is right behind it. It’s green everywhere you look. Even Bitcoin SV is on the rebound, resting at $68 after $155 million in trades. Of the top 100 cryptocurrencies, only 4 were showing a negative 24-hour change. One was Paxos Standard. We should expect a high…

Judge Delays Decision On Legal Representation for Quadriga Creditors

Judge Delays Decision On Legal Representation for Quadriga Creditors 14  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Judge Delays Decision On Legal Representation for Quadriga Creditors A Canadian judge declined to name any law firms to represent as many as 115,000 users of QuadrigaCX, deferring that significant decision by a week. Nova Scotia Supreme Court Judge Michael Wood said during a hearing Thursday that he would not appoint any firms as representative counsel or make any other decisions regarding creditor representation immediately, though he plans to have a final decision within the week. Wood did, however, shoot down a proposal which would have delayed the process even…