Op Ed: Defining Decentralization: How Ambiguity Continues to Divide Crypto

Op Ed: Defining Decentralization: How Ambiguity Continues to Divide Crypto 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Op Ed: Defining Decentralization: How Ambiguity Continues to Divide Crypto There are many keywords in blockchain, but few spark as much emotion as “decentralization.” For many of us, it was the dream of decentralization that inspired us to embark into the industry in the first place — the driving force encouraging us to explore the many industries and practice areas that could be positively impacted by this technology. To say that decentralization is an important element of cryptocurrency’s potential would be a gross understatement. However, I do believe that the…

Does it Present a Bullish Case for Ether?

Does it Present a Bullish Case for Ether? 2  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Does it Present a Bullish Case for Ether? The wait is over. After over a month-long delay, the Ethereum blockchain finally forked and activated Constantinople. These are exciting times for the Ethereum community. The Constantinople upgrade proposes to remove significant technical roadblocks that – till date – hampered the project’s growth. First, the Hard Fork paves the way for Ethereum’s broadly delayed scaling roadmap. And second, it improves Ethereum’s network efficiency and fee structure. Ethereum’s Constantinople and St. Petersburg network upgrades are less than a week away! Click this post…

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…

Square

Square 4  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Square Square, the $31 billion payments giant, processed over $166 million in Bitcoin purchases throughout 2018. Square Bitcoin Revenue Eclipses $50 Million in Q4 According to the firm’s Q4 shareholder letter, Square processed the sale of $52.4 million in Bitcoin in the fourth quarter of last year, up nearly two-fold from its previous quarter. The relatively high Bitcoin sales figure from Square follows an annual report released by Grayscale, a subsidiary of Digital Currency Group, which revealed that $359.5 million was poured into Grayscale’s crypto investment products by accredited investors…

UK Bitcoin Trading Volume Hits $65 Million Average

UK Bitcoin Trading Volume Hits $65 Million Average 5  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 is ‘Potentially Disruptive’ to PayPal & Visa: Analyst

Bitcoin is ‘Potentially Disruptive’ to PayPal & Visa: Analyst 6  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…

Ripple (XRP) Prices Hinged on Regulation, Bahrain Take the Lead

Ripple (XRP) Prices Hinged on Regulation, Bahrain Take the Lead 7  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Ripple (XRP) Prices Hinged on Regulation, Bahrain Take the LeadRipp Ripple prices accumulating Expansion or contraction of Ripple (XRP) hinged at regulation, Bahrain taking the lead Volumes more than double in the last three weeks, XRP struggling below 34 cents XRP may be available for trading at CoinBase Pro, but questions on regulation continue to pop up. Bahrain is diffusing this uncertainty by regulating assets. Ripple Price Analysis Fundamentals In part, Ripple (XRP) adoption is mainly dependent on regulation. Reasons? Well, it is because Ripple as a platform is a…

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

Bitcoin Price Watch: BTC Remains Sell Until It Breaks 100 SMA 8  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…

Bitcoin (BTC) Price Under Pressure But Fundamentals Are Very Bullish

Bitcoin (BTC) Price Under Pressure But Fundamentals Are Very Bullish 9  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Bitcoin (BTC) Price Under Pressure But Fundamentals Are Very Bullish Bitcoin prices under pressure Adoption on the rise as Venezuela is the poster country for crypto Transaction volumes drop days after Feb 24 drawdown In an uptrend, Bitcoin (BTC) is under immense pressure thanks in part to sell-off of Feb 24. Moving on, we expect bulls to reject lower lows as price action snap to trend and edge above $4,500 as our previous BTC/USD trade plans are validated. Bitcoin Price Analysis Fundamentals Good news is Bitcoin (BTC) learning and adoption…

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

Bitcoin Price Holds Above $3,700 But Bulls Need Progress Soon 10  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…