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Bitcoin Price Forecast: Goldman Sachs Tweet Sends BTC Tumbling

Just one day after we heard reports of Goldman Sachs Group Inc (NYSE: GS) getting into Bitcoin services, the company’s CEO, Lloyd Blankfein, took to Twitter to clear the air.

A cursory reading of Blankfein’s tweet suggests that he’s on the fence, but investors should add historical context to his comments. Consider the history of Bitcoin news.

Here’s what he said:

It wasn’t too long ago that Blankfein and his pals.

The post Bitcoin Price Forecast: Goldman Sachs Tweet Sends BTC Tumbling appeared first on Profit Confidential.

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Bitcoin Price Forecast: Goldman Sachs Tweet Sends BTC Tumbling

Ripple Price Forecast and Analysis: Is XRP Stuck at $0.20?

In the last week, XRP prices have crossed the $0.20 handle 12 different times. Half on the way up, half on the way down. Did Ripple news really fluctuate that much day to day? Of course not.

It doesn’t really matter where Ripple prices land on a daily basis. What truly matters is the direction it trends in and the spectrum of its potential. Right now, that spectrum appears to have tightened around $0.20.

But don’t be fooled into thinking that $0.20 is our Ripple price prediction.

This is a temporary lull in Ripple’s growth, most likely caused by a fear-driven.

The post Ripple Price Forecast and Analysis: Is XRP Stuck at $0.20? appeared first on Profit Confidential.

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Ripple Price Forecast and Analysis: Is XRP Stuck at $0.20?

Ripple Price Forecast: XRP Rises 24% on Increased Transparency

XRP prices are flirting with $0.24 after another strong trading session on Thursday, heading closer to our Ripple price prediction. This means that Ripple is up 23.87% for the week, including the 5.86% from yesterday.

Ultimately the strength of this week’s trading goes back to marketing. I tip my hat to CEO Brad Garlinghouse and his minions at Ripple because this was truly a PR coup.

Surely, everyone remembers that cryptocurrency prices were in freefall during the latter half of September. It was a bloodbath from which Ripple was not excused. The.

The post Ripple Price Forecast: XRP Rises 24% on Increased Transparency appeared first on Profit Confidential.

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Ripple Price Forecast: XRP Rises 24% on Increased Transparency

Ethereum Price Forecast: ETH Up 3% as Crypto Market Cap Approaches $150B

For what seems like the hundredth time in the last month, ETH prices crossed back above $300.00. The random flips between bullish and bearish behavior have stalled the Ethereum price prediction around this level.

It’s tempting to think that yesterday’s uptick came after investors earnestly appraised recent bits of Ethereum news, but that is a dream. All of the top 10 biggest cryptocurrencies were in the green, suggesting that it wasn’t currency-specific forces that pushed ETH above $300.00.

But that doesn’t mean there isn’t a silver lining here. A.

The post Ethereum Price Forecast: ETH Up 3% as Crypto Market Cap Approaches $150B appeared first on Profit Confidential.

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Ethereum Price Forecast: ETH Up 3% as Crypto Market Cap Approaches $150B

Ethereum Price Forecast: ETH Hard Fork Scheduled for October 17

Initial coin offerings (ICOs) are shining brightly at the moment, but that may not be helping the Ethereum price forecast. For one thing, ICO regulations are extremely murky and can change at the drop of a hat.

But more than that, ICOs are possibly blinding investors from other, more important Ethereum news.

For instance, ETH prices should have appreciated when core developers finalized the date of Ethereum’s hard fork, but there was zero impact. How is that possible?

The Byzantium hard fork is supposedly a major milestone for Ethereum. It will add privacy.

The post Ethereum Price Forecast: ETH Hard Fork Scheduled for October 17 appeared first on Profit Confidential.

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Ethereum Price Forecast: ETH Hard Fork Scheduled for October 17

Bitcoin Price Forecast: BTC Gains 5% in One Week Despite Upcoming Hard Fork

Bitcoin is facing another mutiny in the coming weeks, but you wouldn’t be able to tell that from its price action. The Bitcoin price forecast appears cool, calm, and collected.

What do I mean by mutiny? Well, some of you are old enough to remember the Bitcoin news in June and July. Remember the minor civil war started by a small group of developers that wanted to upgrade Bitcoin’s source code?

You see, for all its hype as a global digital currency, Bitcoin is incredibly slow at sending money. It takes hours, sometimes days, to complete a transaction.

In order to increase efficiency, some developers offered a solution. But once their peers saw that it involved fundamental.

The post Bitcoin Price Forecast: BTC Gains 5% in One Week Despite Upcoming Hard Fork appeared first on Profit Confidential.

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Bitcoin Price Forecast: BTC Gains 5% in One Week Despite Upcoming Hard Fork

Daily Litecoin Price Forecast – Rebounding Fast, LTC Jumps 2.19% Against Bitcoin

The entire cryptocurrency market took a dive around 9:00 am (UTC), with Bitcoin leading the downward move. However, LTC prices managed to rebound faster and more sharply than most, adding critical support to the beleaguered currency and our Litecoin price forecast.

At the time of writing, the Litecoin to USD exchange rate is up 0.40% to $52.24. Meanwhile, the Litecoin to Bitcoin exchange rate increased 2.19% to 0.01234840 BTC..

The post Daily Litecoin Price Forecast – Rebounding Fast, LTC Jumps 2.19% Against Bitcoin appeared first on Profit Confidential.

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Daily Litecoin Price Forecast – Rebounding Fast, LTC Jumps 2.19% Against Bitcoin

Bitcoin Price Forecast: Goldman Sachs Tweet Sends BTC Tumbling

Just one day after we heard reports of Goldman Sachs Group Inc (NYSE: GS) getting into Bitcoin services, the company’s CEO, Lloyd Blankfein, took to Twitter to clear the air.

A cursory reading of Blankfein’s tweet suggests that he’s on the fence, but investors should add historical context to his comments. Consider the history of Bitcoin news.

Here’s what he said:

It wasn’t too long ago that Blankfein and his pals.

The post Bitcoin Price Forecast: Goldman Sachs Tweet Sends BTC Tumbling appeared first on Profit Confidential.

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Bitcoin Price Forecast: Goldman Sachs Tweet Sends BTC Tumbling

Ripple Price Forecast and Analysis: Is XRP Stuck at $0.20?

In the last week, XRP prices have crossed the $0.20 handle 12 different times. Half on the way up, half on the way down. Did Ripple news really fluctuate that much day to day? Of course not.

It doesn’t really matter where Ripple prices land on a daily basis. What truly matters is the direction it trends in and the spectrum of its potential. Right now, that spectrum appears to have tightened around $0.20.

But don’t be fooled into thinking that $0.20 is our Ripple price prediction.

This is a temporary lull in Ripple’s growth, most likely caused by a fear-driven.

The post Ripple Price Forecast and Analysis: Is XRP Stuck at $0.20? appeared first on Profit Confidential.

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Ripple Price Forecast and Analysis: Is XRP Stuck at $0.20?

Ethereum Price Forecast: ETH Hard Fork Scheduled for October 17

Initial coin offerings (ICOs) are shining brightly at the moment, but that may not be helping the Ethereum price forecast. For one thing, ICO regulations are extremely murky and can change at the drop of a hat.

But more than that, ICOs are possibly blinding investors from other, more important Ethereum news.

For instance, ETH prices should have appreciated when core developers finalized the date of Ethereum’s hard fork, but there was zero impact. How is that possible?

The Byzantium hard fork is supposedly a major milestone for Ethereum. It will add privacy.

The post Ethereum Price Forecast: ETH Hard Fork Scheduled for October 17 appeared first on Profit Confidential.

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Ethereum Price Forecast: ETH Hard Fork Scheduled for October 17

Daily Ripple Price Forecast: Ripple CEO Hints Send XRP Up 10%

Two days ago, Ripple CEO Brad Garlinghouse held a Q&A on Quora (the popular Internet forum that syndicates the answers to major news outlets). Today, that Ripple news managed to send XRP prices up 9.99% while Bitcoin, Ethereum, and Litecoin all dropped.

So what exactly did he say?

Well, there was a lot of good stuff—he talked about what’s driving the long-term Ripple price prediction, for example—but his most relevant answer.

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Daily Ripple Price Forecast: Ripple CEO Hints Send XRP Up 10%

Daily Ethereum Price Forecast – ETH Headed to $400?

As ETH prices oscillated between $290.00 and $306.00 last week, investors seemed immune to some of the more subtle Ethereum news that emerged. If they had paid attention, it seems likely that ETH would have accelerated to our short-term Ethereum price forecast of $400.00.

For instance, a senior official from the Federal Reserve Bank of Boston said the Fed is working on an Ethereum proof-of-concept. No one batted an eye at this announcement, which seems peculiar, to say the least.

The official is Jim Cunha, Senior Vice-President of the Boston Fed. He was giving a speech at a fintech conference in Philadelphia on the subject of “Bitcoin, Blockchain and other Cryptocurrencies.”.

The post Daily Ethereum Price Forecast – ETH Headed to $400? appeared first on Profit Confidential.

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Daily Ethereum Price Forecast – ETH Headed to $400?

Ripple Price Forecast: XRP Rallies 2.5% on SWELL Conference Hopes

Yesterday, I wrote that Ripple appeared to be stuck around the $0.20 handle and that something extraordinary could help it break free. Well, that event is almost here: SWELL.

SWELL is Ripple’s first annual conference, and though it probably won’t make the front page of The New York Times, it’s definitely front-page Ripple news. It is, for example, a much-debated topic on XRPchat.com, the main place to source Ripple trading.

The post Ripple Price Forecast: XRP Rallies 2.5% on SWELL Conference Hopes appeared first on Profit Confidential.

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Ripple Price Forecast: XRP Rallies 2.5% on SWELL Conference Hopes

Bitcoin Price Forecast: BTC Gains 5% in One Week Despite Upcoming Hard Fork

Bitcoin is facing another mutiny in the coming weeks, but you wouldn’t be able to tell that from its price action. The Bitcoin price forecast appears cool, calm, and collected.

What do I mean by mutiny? Well, some of you are old enough to remember the Bitcoin news in June and July. Remember the minor civil war started by a small group of developers that wanted to upgrade Bitcoin’s source code?

You see, for all its hype as a global digital currency, Bitcoin is incredibly slow at sending money. It takes hours, sometimes days, to complete a transaction.

In order to increase efficiency, some developers offered a solution. But once their peers saw that it involved fundamental.

The post Bitcoin Price Forecast: BTC Gains 5% in One Week Despite Upcoming Hard Fork appeared first on Profit Confidential.

Continued here:

Bitcoin Price Forecast: BTC Gains 5% in One Week Despite Upcoming Hard Fork

Ripple Price Forecast: XRP Rises 24% on Increased Transparency

XRP prices are flirting with $0.24 after another strong trading session on Thursday, heading closer to our Ripple price prediction. This means that Ripple is up 23.87% for the week, including the 5.86% from yesterday.

Ultimately the strength of this week’s trading goes back to marketing. I tip my hat to CEO Brad Garlinghouse and his minions at Ripple because this was truly a PR coup.

Surely, everyone remembers that cryptocurrency prices were in freefall during the latter half of September. It was a bloodbath from which Ripple was not excused. The.

The post Ripple Price Forecast: XRP Rises 24% on Increased Transparency appeared first on Profit Confidential.

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Ripple Price Forecast: XRP Rises 24% on Increased Transparency

Ethereum Price Forecast: ETH Up 3% as Crypto Market Cap Approaches $150B

For what seems like the hundredth time in the last month, ETH prices crossed back above $300.00. The random flips between bullish and bearish behavior have stalled the Ethereum price prediction around this level.

It’s tempting to think that yesterday’s uptick came after investors earnestly appraised recent bits of Ethereum news, but that is a dream. All of the top 10 biggest cryptocurrencies were in the green, suggesting that it wasn’t currency-specific forces that pushed ETH above $300.00.

But that doesn’t mean there isn’t a silver lining here. A.

The post Ethereum Price Forecast: ETH Up 3% as Crypto Market Cap Approaches $150B appeared first on Profit Confidential.

Continue reading here:

Ethereum Price Forecast: ETH Up 3% as Crypto Market Cap Approaches $150B

Daily Bitcoin Price Forecast – BTC Rally Blunted by Minor 3.7% Correction

Although BTC slipped 3.74% on Monday, there is more than enough Bitcoin news to reenergize the price.

For example, Goldman Sachs Group Inc (NYSE:GS) is “weighing a new trading operation dedicated to Bitcoin and other digital currencies,” according to an exclusive report in The Wall Street Journal. (Source: “Goldman Sachs Explores a New World: Trading Bitcoin,” The Wall Street Journal, October 2, 2017.)

That’s pretty big.

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Daily Bitcoin Price Forecast – BTC Rally Blunted by Minor 3.7% Correction

Daily Bitcoin Price Forecast: BTC Dominance Rises, Sending Prices Up 15%

Bitcoin Price Forecast
Over the last week, there was a broad-based recovery in the cryptocurrency market as memories of a Chinese crackdown faded into the rearview. It was front-page Bitcoin news.

That said, let’s not pretend that the recovery is evenly spread—it isn’t.

There is a handy little metric called BTC dominance that shows us Bitcoin’s market share as a percentage of total cryptocurrency market share. In the last week, it rose steadily from 47.5% to 49.3%.

What does that mean?

It means that investors consolidated around Bitcoin..

The post Daily Bitcoin Price Forecast: BTC Dominance Rises, Sending Prices Up 15% appeared first on Profit Confidential.

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Daily Bitcoin Price Forecast: BTC Dominance Rises, Sending Prices Up 15%

Daily Ripple Price Forecast: XRP Prices Up 12.9% Ahead of SWELL Conference

October is here, and with it comes Ripple’s inaugural conference. The conference will take place at the same time and in the same city as the company’s archrival, SWIFT, will host its own annual event.

This may seem like an obscure piece of Ripple news, but I assure you it’s not. By our estimation, it will affect the Ripple price prediction for several weeks (at the very least).

For one thing, ex-Chairman Ben Bernanke is speaking at the conference. He was the head honcho at the Federal Reserve for a long, long time, and his tenure fell right in the middle of the 2008 financial crisis. He is the picture of credibility in financial circles.

Even though many.

The post Daily Ripple Price Forecast: XRP Prices Up 12.9% Ahead of SWELL Conference appeared first on Profit Confidential.

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Daily Ripple Price Forecast: XRP Prices Up 12.9% Ahead of SWELL Conference

Daily Litecoin Price Forecast – Rebounding Fast, LTC Jumps 2.19% Against Bitcoin

The entire cryptocurrency market took a dive around 9:00 am (UTC), with Bitcoin leading the downward move. However, LTC prices managed to rebound faster and more sharply than most, adding critical support to the beleaguered currency and our Litecoin price forecast.

At the time of writing, the Litecoin to USD exchange rate is up 0.40% to $52.24. Meanwhile, the Litecoin to Bitcoin exchange rate increased 2.19% to 0.01234840 BTC..

The post Daily Litecoin Price Forecast – Rebounding Fast, LTC Jumps 2.19% Against Bitcoin appeared first on Profit Confidential.

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Daily Litecoin Price Forecast – Rebounding Fast, LTC Jumps 2.19% Against Bitcoin


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