Crypto Finance Startup Circle Seeking Further $250 Million in Funding: Report

Crypto Finance Startup Circle Seeking Further $250 Million in Funding: Report 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Crypto Finance Startup Circle Seeking Further $250 Million in Funding: Report Crypto finance startup Circle Internet Financial is reportedly looking to raise a further $250 million in funding. A report from The Information on Saturday, citing a source with knowledge of the matter, said that Circle is seeking to raise the funding via a combination of equity and debt financing. They added that the reason for the move is that the firm’s business has been affected by the prolonged cryptocurrency bear market. Circle has not confirmed the source’s claim, The Information said. The…

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? 2  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…

Another Bitcoin Indicator Signals Price Bottom May Be Forming

Another Bitcoin Indicator Signals Price Bottom May Be Forming 3  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Another Bitcoin Indicator Signals Price Bottom May Be Forming A technical indicator that incorporates both bitcoin’s price and trading volume is signaling the cryptocurrency may have bottomed in December. The money flow index (MFI), also known as the volume-weighted relative strength index, is used to identify buying and selling pressure and oscillates between zero to 100. A rising MFI indicates an increase in buying pressure, while a falling MFI is considered a sign of increasing selling pressures. Essentially, the MFI validates or confirms price trends. Many times, however, the indicator diverges from…

As the Blockchain Hype Dies, Why Should We Care About Practical TestNets?

As the Blockchain Hype Dies, Why Should We Care About Practical TestNets? 4  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

As the Blockchain Hype Dies, Why Should We Care About Practical TestNets? The blockchain era has largely been defined by grandiose promises and ambitions, but little to show for it. For most companies, even those that successfully complete ICOs, we usually hear loud guarantees of life-changing and revolutionary technology. In the end, however, these “game-changers” end in the same place most others do, the dustbin of history. Reports of a vast majority of blockchain projects fizzing out or simply vanishing have become common, and those applications still around are forced…

Bitcoin Price Weekly Analysis: Cautiously Bullish BTC, $3,900 Presents Resistance

Bitcoin Price Weekly Analysis: Cautiously Bullish BTC, $3,900 Presents Resistance 5  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Bitcoin Price Weekly Analysis: Cautiously Bullish BTC, $3,900 Presents Resistance Bitcoin price corrected lower sharply after trading towards the $4,200 resistance against the US Dollar. The price declined below the $3,860 support area and tested the $3,620 support zone. There is a short term ascending channel or bear flag formed with resistance at $3,900 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair could slowly move higher as long as it is above the $3,760 and $3,720 supports. Bitcoin price started consolidating losses below $3,860…

Bitcoin Haters Keep Calling Crypto Dead – It

Bitcoin Haters Keep Calling Crypto Dead - It 6  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…

Binance Dangles $100K in Tokens to Get Users Testing Decentralized Exchange

Binance Dangles $100K in Tokens to Get Users Testing Decentralized Exchange 7  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Binance Dangles $100K in Tokens to Get Users Testing Decentralized Exchange Cryptocurrency exchange Binance is hoping to boost the number of people testing its upcoming decentralized exchange (DEX) platform by giving away $100,000 in tokens. Announcing the news on Twitter on Friday, Binance CEO Changpeng “CZ” Zhao said: “To test the hell out of @Binance_DEX, we are giving away roughly $100,000 USD equivalent, in REAL $BNB, as reward for our testnet trading competition.” The initiative, he said, would help the exchange launch the mainnet, or live version, of Binance DEX more quickly. According…

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

Op Ed: Defining Decentralization: How Ambiguity Continues to Divide Crypto 8  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…

Ripple (XRP) Fundamentals and Technicals Sync, Bulls on the Way

Ripple (XRP) Fundamentals and Technicals Sync, Bulls on the Way 9  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Ripple (XRP) Fundamentals and Technicals Sync, Bulls on the Way Ripple (XRP) up 3.5 percent Comments from SEC will clear XRP classification status Transaction volumes more than double those of early Feb—streams from BitFinex How XRP is classified will determine whether the asset will crumble or soar. Even so, the addition at CoinBase Pro and CoinBase opening up the currency to more than 26 million customers is massive for XRP. From candlestick arrangement, it is likely that prices will edge higher in response. Ripple Price Analysis Fundamentals A decade later…

Dow Futures Surge 160 Points as Market Races to Rescue Winning Streak

Dow Futures Surge 160 Points as Market Races to Rescue Winning Streak 10  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Dow Futures Surge 160 Points as Market Races to Rescue Winning Streak The Dow sits poised to open to massive gains on Friday as the US stock market bellwether races to string together a 10th consecutive weekly increase. The bitcoin price, meanwhile, continues to languish near $3,800 after the activation of Ethereum hard fork Constantinople failed to spark an immediate crypto market rally. Dow Futures Post Mammoth Triple-Digit Rally As of 9:10 am ET, Dow Jones Industrial Average Futures had rallied by 163 points or 0.63 percent, implying an opening…