Ripple News Update
On Thursday morning, Ripple prices experienced a spontaneous surge that sent XRP skyrocketing to $0.262250. This 24.41% increase in the Ripple to USD exchange rate happened in under an hour.
If you’re wondering what could have sparked such a rally, consider this: American Express Company (NYSE:AXP) just announced that it will use Ripple for settling FX transactions between the U.S. and U.K.
“We’ve already seen evidence that blockchain technology is playing a transformational role in the way.
The post Ripple Price Forecast – XRP Soars 24% on American Express Partnership appeared first on Profit Confidential.
Read this article:
Ripple Price Forecast – XRP Soars 24% on American Express Partnership
The cryptocurrency market is all set to leap into its biggest year. And one player is being closely watched by investors and industry experts alike. For cryptocurrency enthusiasts, ripple is one the most disruptive digital currency. It polarizes opinions and is either loved or despised with equal passion. It’s also highly misunderstood because even though it is a cryptocurrency, it is radically different from the current leader of the pack – bitcoin.
Even as you read this, Ripple has displaced Ethereum and now has the second largest market cap, after bitcoin..
The post How Can I Buy Ripple XRP? appeared first on Profit Confidential.
How Can I Buy Ripple XRP?
Investors who missed out on the Bitcoin surge to $7,834.72 should pay close attention to today’s Ethereum news update. ETH is on the verge of getting its own derivatives market, which is precisely what sent Bitcoin flying to the moon last month.
I know that memories are short in the crypto space, but surely we all remember the dramatic run that Bitcoin experienced in recent weeks.
Remember, Bitcoin had just broken through the $5,000 level when CME Group Inc (NASDAQ:CME) announced that it would add a Bitcoin futures contract. Investors took one.
The post Ethereum Price Forecast – ETH to Get Futures Contract, Like Bitcoin appeared first on Profit Confidential.
View original post here:
Ethereum Price Forecast – ETH to Get Futures Contract, Like Bitcoin
Siacoin is fast gaining popularity in the cryptocurrency world and interested crypto bulls are out looking for Siacoin price prediction 2018. But here’s the catch: Siacoin is not your typical cryptocurrency. Far from it, actually. So before we get to breaking our Siacoin price forecast, expounding its true nature is imperative.
Siacoin Price Prediction 2018: Betting on Siacoin’s Future
The Siacoin-to-USD price is gaining some momentum this week, raising questions if a $1.00 Siacoin value could be a possibility.
Let me first put that into perspective. At.
The post Siacoin Price Prediction 2018: Siacoin at $1.00 is a Possibility appeared first on Profit Confidential.
See the rest here:
Siacoin Price Prediction 2018: Siacoin at $1.00 is a Possibility
Ripple News Update
Ripple prices have been sitting in a tinderbox ever since Ripple’s conference in October, waiting for a spark to set it aflame. That spark (in this metaphor) arrived last week in the form of a partnership.
A partnership with whom, you ask?
Oh, just American Express Company (NYSE: AXP). It’s not a big deal, except…no wait…it is a big deal! American Express is an important financial firm in the world’s most important financial market. Securing its partnership—not for a “test” or “experiment,” but a.
The post Ripple Price Prediction: After 18% Gains, XRP Poised for Epic Rally appeared first on Profit Confidential.
Ripple Price Prediction: After 18% Gains, XRP Poised for Epic Rally
On Sunday, Ethereum prices rose above $350.00 for the first time in more than two months. It was a good piece of Ethereum news, but what’s more, this trend looks like it’s only starting to heat up.
ETH could hit $400.00 before we ring in the New Year.
For several weeks, we were the only analysts forecasting a spike in Ethereum prices. But now that we’ve been proven right, others are hopping on the bandwagon.
Billionaire Mark Novogratz, for instance, recently said that “ETH looks poised for a move to new highs.” (Source: “.
The post Ethereum Price Forecast: ETH Price Soars Above $350 to 77-Day High appeared first on Profit Confidential.
Ethereum Price Forecast: ETH Price Soars Above $350 to 77-Day High
Litecoin News Update
On Monday, Litecoin prices extended their rally to 19% as more money flowed into the cryptocurrency market. Total investment in the sector rose above $239.0 billion, which is vastly higher than most analysts thought was possible at this point in the year.
This helped lift the Litecoin to USD exchange from $68.87 to $71.73 in the last 24 hours, an increase of 4.16%. At the same time, the Litecoin to Bitcoin rate grew 1.41%.
Part of the reason was that LTC trading volumes exploded from $174.06 million to $243.06 million. The surge in.
The post Litecoin Price Forecast: LTC Hits $71 as Price Begins to Take Flight appeared first on Profit Confidential.
See the original post here:
Litecoin Price Forecast: LTC Hits $71 as Price Begins to Take Flight
If you came to this article through a search of “Monero Price Prediction in 2018,” you came to the right place.
This report provides an overview of the Monero cryptocurrency, including how Monero (XMR) derives its value and distinguishes itself in a crowded market. Also, this report contains Monero to USD forecasts that range from conservative to, well, less conservative.
I should add that readers are expected to conduct their own research before choosing to buy Monero. Nothing written below should be taken as investment advice. It is purely market commentary,.
The post Monero Price Prediction 2018: Monero Looks to Extend 800% Gain in 2018 appeared first on Profit Confidential.
Monero Price Prediction 2018: Monero Looks to Extend 800% Gain in 2018
It’s official: the Ethereum update is now live.
Developers have successfully implemented the Ethereum improvement protocols (EIPs) known collectively as Byzantium. Which is a wonky piece of Ethereum news, to be sure, but one with an incredibly important investment takeaway:
Byzantium will help Ethereum scale more successfully. Scaling more successfully means an explosion in ETH price forecast.
As a result of the fork, the Ethereum to USD exchange rate rose 4.51% in the last 24 hours. It reached $339.35 by the time this article went to press, while also.
The post Daily Ethereum Price Forecast – ETH Rises 4% on Byzantium Rollout appeared first on Profit Confidential.
Read the rest here:
Daily Ethereum Price Forecast – ETH Rises 4% on Byzantium Rollout
Considering the Ripple news that broke on Monday, it was surprising to see XRP prices drop overnight. There were at least two important revelations from the first day of SWELL, Ripple’s inaugural conference in Toronto. Investors must be ignoring those factors.
For instance, former Chairman of the Federal Reserve Ben Bernanke came out as a closet-Ripple fan.
We knew he was speaking at the conference, but it was unclear how supportive he would be of cryptocurrencies. This could have been nothing more than a paycheck for him. However, it turns out that Bernanke.
The post Ripple Price Forecast – XRP Poised for Gains After Ben Bernanke’s Comments appeared first on Profit Confidential.
Ripple Price Forecast – XRP Poised for Gains After Ben Bernanke’s Comments
Ripple prices are upbeat on Monday morning, benefitting from two tailwinds: A reverse-rotation from Bitcoin to altcoins, and the start of Ripple’s SWELL conference.
We will provide a rundown of SWELL highlights in tomorrow’s Ripple news update. However, today’s update will focus on the reverse-rotation of cryptocurrency funds.
The shift in flow was apparent to anyone looking at BTC Dominance.
For those unfamiliar with BTC Dominance, it is a measure of how concentrated funds are in Bitcoin (relative to the rest of the crypto market). When it.
The post Ripple Price Forecast: XRP Surges 9% on Reverse-Rotation from Bitcoin to Altcoin appeared first on Profit Confidential.
See more here:
Ripple Price Forecast: XRP Surges 9% on Reverse-Rotation from Bitcoin to Altcoin
The Litecoin to USD exchange rate rose 10.31% on Friday morning, bringing the currency to a month-long high of $59.63. Then, after scoring another 6.3% gain on the weekend, Litecoin prices reached $63.37.
The last time they traded that high was September 12.
By now, most of you are familiar with what happened, but let me fill in the blanks for the few that are new to the story.
Litecoin was trading at record highs at the start of September. Investors were making money hand over fist. But then China ended cryptocurrency trading without any warning,.
The post Litecoin Price Forecast: LTC Soars 23% in 1 Week as Bitcoin Price Slows appeared first on Profit Confidential.
Go here to read the rest:
Litecoin Price Forecast: LTC Soars 23% in 1 Week as Bitcoin Price Slows
“Should I invest in Bitcoin?” is a question I hear quite often.
The first thing I tell investors is to look at other cryptocurrencies: Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Monero (XMR), the list goes on and on. There are literally hundreds of alternatives to Bitcoin (BTC).
And, blasphemous though this may sound to those who pray at the altar of Bitcoin, some of these currencies are better than Bitcoin. They took what worked, tweaked what didn’t, and emerged with potentially.
The post NEM Price Prediction 2018: Should You Invest Amid Crypto Volatility? appeared first on Profit Confidential.
Read the original here:
NEM Price Prediction 2018: Should You Invest Amid Crypto Volatility?
The worst thing about fear is that it starts a vicious cycle. Panic only begets more panic. And if you’re looking for proof of this phenomenon, look no further than today’s Ripple news.
XRP prices dropped 11.29% in yesterday’s trading, extending the sell-off that began on Monday.
Fear is likely behind the recent fall; fear of being the last one to exit a sinking ship.
But that fear is not grounded on anything factual. There was no material change to our Ripple price forecast this week, except for a few pieces of bullish news from SWELL.
The post Daily Ripple Price Forecast – XRP in Freefall as $13 Billion Leaves Crypto Market appeared first on Profit Confidential.
Read more here:
Daily Ripple Price Forecast – XRP in Freefall as $13 Billion Leaves Crypto Market
Without much Litecoin news to pull it in either direction, “animal spirits” took LTC prices on a rollercoaster ride. There was a sharp dip on Tuesday morning, which seemed natural following the steep climb on Monday and Friday.
What happens now?
Well, the movement of Litecoin certainly depends on its more illustrious counterpart: Bitcoin. The relationship between the two currencies is like that of silver and gold, respectively.
Litecoin is busy trying to develop all these commercial uses, while Bitcoin is making the big ideological pitch to investors.
We wrote last week that LTC was due for a rise because it had stagnated during Bitcoin’s month-long ascent from.
The post Litecoin Price Forecast: LTC Remains Above $60 Despite Paring Gains appeared first on Profit Confidential.
Go here to read the rest:
Litecoin Price Forecast: LTC Remains Above $60 Despite Paring Gains
Have you ever hiked for so long that you needed a break? The current lull in ETH prices appears to be nothing more than that. Investors simply needed a breather before continuing the upward trek toward our $400.00 Ethereum price forecast.
It’s not as if ETH prices were rocked by disastrous Ethereum news. On the forums and in the trade publications, the leading story is still the Byzantium upgrade that took place yesterday.
For anyone unfamiliar with Byzantium, it’s simply a package of improvements to the core Ethereum technology. By implementing these changes,.
The post Ethereum Price Forecast – ETH Takes a Breather, Still on Route to $400 appeared first on Profit Confidential.
Ethereum Price Forecast – ETH Takes a Breather, Still on Route to $400
Volatility in the cryptocurrency market is unlike volatility in stocks. No matter how many times I tell that to investors, they still react with shock when prices fall as much as they did today.
Were there a lot of flashing red numbers on trading screens? Absolutely. Does it warrant the amount of panic that we saw? Absolutely not.
Ethereum’s core technology is still up and running. The Byzantium upgrades taking place during the week appear to be sufficient, if not ideal. Plus, we recently learned that a major Russian bank is joining the Ethereum Enterprise.
The post Ethereum Price Forecast: ETH Price Falls Below $300.00 on Industry-Wide Slump appeared first on Profit Confidential.
See the rest here:
Ethereum Price Forecast: ETH Price Falls Below $300.00 on Industry-Wide Slump
Turbulence in the cryptocurrency market outshone any relevant Litecoin news on Wednesday morning, driving the LTC price down 8.3%.
Considering that $13.0 billion drained out of the entire market, it’s unlikely that investors were targeting Litecoin specifically. The Big Three also dropped by huge margins.
Bitcoin fell by 9.16%, Ethereum by 9.87%, and Ripple by 13.66%.
These kinds of widespread gains happen often and quickly in the crypto market. Barely a month can pass without investors getting cold feet. However, it’s important to remember that the.
The post Litecoin Price Forecast – LTC Drops Overnight But Remains Up 11% from Last Week appeared first on Profit Confidential.
See the original post here:
Litecoin Price Forecast – LTC Drops Overnight But Remains Up 11% from Last Week
What Is Monero?
Monero is an open-source cryptocurrency much like Bitcoin. Its standout features are that it is secure, fungible, and private. Perhaps its most important characteristic is that it is completely untraceable.
The Monero price can be calculated in a number of ways but Monero to USD and Monero to BTC are probably the most popular. In USD terms, the Monero price is currently valued at around $87.50 and as a standalone price, it doesn’t quite capture the volatility in this cryptocurrency or its performance. On January 1, 2016, 1 Monero could be acquired for as little as $0.47, and in August 2017, it hit a high of $154.58. A 32,789.36% return is the type of.
The post What Is Monero? Should You Invest in Monero Over Litecoin? appeared first on Profit Confidential.
What Is Monero? Should You Invest in Monero Over Litecoin?
For those who watch the cryptocurrency market closely, the $400.00 price level is to Ethereum what the $5,000 level is to Bitcoin. It is a crucial milestone that can bolster support for the long-term Ethereum price forecast.
ETH is poised to reach that level after the Byzantium upgrade next week. However, something else may drive Ethereum prices to $400.00—something unconnected to current Ethereum news.
The Bitcoin hard fork: SegWit2X.
Odd as it sounds, ETH could surge after the Bitcoin hard fork takes place. It could generate more than enough momentum to carry the.
The post Ethereum Price Forecast: A Post-Fork Surge Can Take ETH to $400 appeared first on Profit Confidential.
See the original post:
Ethereum Price Forecast: A Post-Fork Surge Can Take ETH to $400