Ethereum Price Forecast: U.S. Witch-Hunt Behind Crypto Slump, Report Says

Ethereum News Update
The intricate web of U.S. cryptocurrency regulations is choking off innovation, says a new report from the U.S. Government Accountability Office (GAO).

The GAO report describes a fintech industry whose participants are stumbling around in the dark. No one quite knows which laws apply or when. So it becomes impossible to plan ahead with that much regulatory uncertainty. (Source: “Additional Steps by Regulators Could Better Protect Consumers and Aid Regulatory Oversight,” GAO, March 22, 2018.)

As a result, some firms delay launching in the U.S., while others abandon the idea entirely.

The GAO.

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Ethereum Price Forecast: U.S. Witch-Hunt Behind Crypto Slump, Report Says

Bitcoin Price Prediction: One of the World’s Largest Stock Exchanges Launching Bitcoin Brokerage Services

Daily Bitcoin News Update
Canada is about to set a big precedent for the world. The country’s stock exchange will soon become the first in the world to begin offering cryptocurrency brokerage services to its clients.

The holding company of Canada’s Toronto Stock Exchange (TSE), which is the ninth-largest stock exchange in the world, is launching a trading platform for cryptocurrencies, starting with Bitcoin and Ethereum. This marks a major breakthrough for cryptocurrencies.

Read it to mean that Bitcoin has just been institutionalized as an asset class in Canada. It’s the first time ever that Bitcoin may trade on the same platform as other traditional assets.

The.

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Bitcoin Price Prediction: One of the World’s Largest Stock Exchanges Launching Bitcoin Brokerage Services

NEO Coin and Its Applications: Places Where You Can Use NEO Coin

What Is NEO Coin?
NEO coin is the native currency of the blockchain platform NEO. It was the first decentralized, open-source cryptocurrency and blockchain platform launched in China.

NEO uses blockchain technology to automate the management of digital assets using smart contracts, à la Ethereum. Not surprisingly, it is often referred to as "Chinese Ethereum."

The primary NEO coin applications are to facilitate smart contracts and to become a digital, decentralized, and distributed representative of non-digital assets. Simply put, NEO makes.

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Ripple Price Prediction: Yahoo! Could Boost XRP Demand in East Asia

Ripple News Update
Although Yahoo! Inc. went down in flames in North America—Verizon Communications Inc. (NYSE:VZ) bought its core assets at firesale prices—Yahoo! Japan (TYO:4689) maintains a strong presence in East Asia.

Now the platform is looking to leverage its popularity by opening a cryptocurrency exchange in Japan. There’s a lot to unpack from this development. The obvious takeaway, however, is that this is good for cryptos that lean heavily on East Asian trading volumes, including Ripple (XRP).

More than 40% of XRP trading volumes currently come from South Korea. It would benefit Ripple to appear on more.

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Ethereum Price Forecast: Even JPMorgan Isn’t Sure What Happens Next

Ethereum News Update
Reports surfaced on Friday that JPMorgan Chase & Co. (NYSE:JPM) is thinking of spinning off its "Quorum" blockchain division into a separate company. Is this good for cryptocurrencies like Ethereum? Is it bad?

Let’s take a closer look…

Quorum is JPMorgan’s attempt to build a blockchain. You can think of it as a corporate version of Ethereum, with the noticeable difference being that Quorum is a permissioned blockchain and Ethereum is not. This subtle difference limits innovation on Quorum by dictating who can or cannot write to its blockchain.

JPMorgan is “still in the early days” of making this decision, but according.

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Litecoin Price Prediction: 3 Great Reasons to Stay Bullish on Litecoin as Markets Tumble

Daily Litecoin News Update
Cryptocurrency markets are taking another breather but if my analysis is correct, we may see another mini-rally over the weekend. Although erratic, price charts show that crypto prices have developed somewhat of a predictive pattern. It seems like prices crash through mid-week only to recover some of that drop over the weekends, as if all traders are driving the market in a concerted manner. But I wouldn't read too much into it.

I’ll be honest. Watching crypto prices swing back and forth on a daily basis is nauseating. So to keep my sanity intact, I try to focus on the long term. Try asking yourself, what would my Litecoins be worth a year from.

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Ripple Price Prediction: Korean Pressure Isn’t Helping an XRP Recovery

Ripple News Update
Ripple prices are down on Thursday, most likely as a result of the market-wide slump in cryptocurrency prices. But even without the macro pessimism, South Korea’s ongoing regulatory pressure might have held down XRP prices anyways.

What am I talking about?

Well, in January, the Korean government banned anonymous cryptocurrency trading. At first, it looked like officials might actually ban trading completely, but a public backlash forced the government to scale back its efforts.

So, Korean regulators settled on a compromise. Cryptocurrency exchanges and the banks that associate with them would have to follow anti-money laundering rules to stem the.

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Ethereum Price Forecast: Crypto Recovery Falters at $350 Billion Level

Ethereum News Update
Ethereum prices are down six percent on Thursday morning as the market slips back into angst and fear about upcoming regulations.

These gyrations have become a normal part of the Ethereum to USD exchange rate. They don’t surprise me. One number that did catch my eye, however, is the total cryptocurrency market cap—it fell below $350.0 billion...again.

After more than a week of treading water, the total market.

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Ethereum Price Forecast: Crypto Recovery Falters at $350 Billion Level

Litecoin Price Prediction: Jack Dorsey Needs to Consider Adding LTC to Cash App

Daily Litecoin News Update
“The world ultimately will have a single currency, the internet will have a single currency. I personally believe that it will be bitcoin,” says the young entrepreneur Jack Dorsey, who is the architect and captain of two ships—Twitter Inc (NYSE:TWTR) and Square Inc (NYSE:SQ)—both of which sail in the crypto seas today. (Source: “Jack Dorsey expects bitcoin to become the world's 'single currency' in about 10 years,” CNBC, March 21, 2018.)

Jack Dorsey predicts that.

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Bitcoin Price Prediction: Congress Report, Indonesia; More Positive Signals for BTC

Daily Bitcoin News Update
While the world leaders are busy deciding the future fate of cryptocurrencies at the G20 Summit in Buenos Aires, it may be reassuring to know that the U.S. government may have already picked a side favorable to Bitcoiners.

The latest report from Congress this month hints that the U.S. government may be more friendly toward Bitcoin and its underlying technology, blockchain, than we previously thought.

The gist of the report is that cryptos deserve a second look from regulators. The report urges U.S. regulators to create regulations that protect investors but don’t stifle the development and growth of the crypto industry.

The report.

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Bitcoin Price Prediction: Congress Report, Indonesia; More Positive Signals for BTC

Ethereum Price Forecast: Cryptos Starting to Resemble Other Assets

Ethereum News Update
If there’s one fear that haunts crypto enthusiasts, it’s that governments will attach burdensome regulations to slow innovation across the industry.

So when U.S. regulators—like the U.S. Securities and Exchange Commission (SEC)—started cracking down on the initial coin offering (ICO) market, investors assumed their worst nightmares were coming true. They turned bearish almost instantly.

From the moment it became public that the SEC was handing out subpoenas, we saw cryptocurrency prices fall dramatically. The market feared regulators would refashion cryptocurrencies into something like stocks and bonds, an asset class that plays by the.

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Ethereum Price Forecast: Cryptos Starting to Resemble Other Assets

Litecoin Price Prediction: U.S. Congress Turns Friendly to Cryptos?

Daily Litecoin News Update
A surprising report from Congress has just cemented our faith in cryptocurrencies and Litecoin. I say “surprising” because, believe it or not, one whole chapter in the report was dedicated to cryptocurrencies. Yes, you read that right.

The report, published by the Joint Economic Committee Congress of the United States, discussed matters of macroeconomic growth, tax reforms, and U.S. trade, among others. A good 27 pages toward the end were devoted to blockchain, cryptocurrencies, and their potential.

Here are a few key takeaways from the report we found interesting.

The report illustrated the merits of blockchain at great length, saying the.

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Ripple Price Prediction: David Schwartz & G20 Comments Are Moving XRP

Ripple News Update
Ripple prices were upbeat on Monday morning, having jumped more than 20% in the previous 24 hours, but optimism still remains well below normal.

Cryptocurrency markets have been locked in a downward spiral for weeks on end. Heightened regulatory pressure from the U.S. Securities and Exchange Commission (SEC) is the main culprit, given that the agency is investigating dozens of blockchain startups and their affiliated tokens.

Some reports even say that the SEC is going to designate digital assets as “securities.” This action would be pretty bad for cryptos, but it’s probably not as bad as investors think, as I wrote in yesterday’s.

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Litecoin Price Prediction: Abra’s Choice of Litecoin is a Bigger Deal Than You Think

Daily Litecoin News Update
While the G20 leaders put their heads together to plan their next move on cryptocurrency regulations, the crypto market is turning hopeful that something positive is in store for cryptos. Bolstering this hope is Mark Carney's letter sent to the G20 leaders on Sunday, which hinted that plans to impose strict regulations may be thrown out of the window.

Mark Carney is the head of the Financial Stability Board (FSB), which takes care of regulatory issues for the G20 economies. Basically, this man holds the strings on crypto regulations and it’s evident that he has no plans to pull them against our favor. Just yet.

Litecoin prices, like all other.

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Litecoin Price Prediction: Abra’s Choice of Litecoin is a Bigger Deal Than You Think

Ethereum Price Forecast: Overblown Regulatory Fears Keep Recovery at Bay

Ethereum News Update
Although cryptocurrency prices recovered slightly on Sunday night, the market is still burdened by what appears to be a regulatory crackdown in the United States.

So it hardly matters that Ethereum prices are up 4.66%. Hours earlier, the world’s second-biggest crypto hit a three-month low, making the gains seem less like a recovery and more like an air freshener used to mask an uncomfortable odor.

What’s at the heart of this stench? Regulation, of course.

The U.S. Securities and Exchange Commission (SEC) started handing out subpoenas to blockchain startups last month. Ostensibly, the SEC is going after companies that issued suspicious tokens, but.

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Bitcoin Price Prediction: G20 Summit May Deliver Positive Surprise for Cryptocurrencies

Daily Bitcoin (BTC) News Update
The world’s 20 most powerful finance moguls are meeting in Buenos Aires today to discuss the future of cryptocurrencies. Antsy investors have been losing their wits over the past two days, in fear that a major crackdown on cryptos is upon us. It’s not! The market is coming to its senses.

A letter from Mark Carney—governor of the Bank of England and chair of the Financial Stability Board (FSB)—which circulated among the G20 leaders on Sunday, has breathed some life back into the cryptocurrency market.

“The FSB’s initial assessment is that crypto-assets do not pose risks to global financial stability at this time,” said.

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Bitcoin Price Prediction: The G20 Summit May Deliver a Positive Surprise for Cryptocurrencies

Daily Bitcoin News Update
The world’s 20 most powerful finance moguls are meeting in Buenos Aires today to discuss the future of cryptocurrencies. Antsy investors have been losing their wits over the past two days, in fear that a major crackdown on cryptos is upon us. It’s not! The market is coming to its senses.

A letter from Mark Carney, which circulated among the G20 leaders on Sunday, has breathed some life back into the market.

“The FSB’s initial assessment is that crypto-assets do not pose risks to global financial stability at this time,” said Carney, the Chairman of the Financial Stability Board (FSB). (Source: “.

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Why Billionaire Investor Peter Thiel Is Investing in This Cryptocurrency

The Only Crypto This Billionaire Venture Capitalist Is Buying
Keeping track of smart money is an easy recipe for building a decent fortune. By simply imitating veteran investors, we can partly, if not fully, replicate their returns.

When I think of smart investors of the 21st century, one name that instantly pops up in my head is Peter Thiel. I’ve done a feature on his investment philosophy before, where I deciphered a few secrets of his success.

To me, Thiel is the epitome of technology-focused smart investing. The man is amongst the pioneers.

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Why Billionaire Investor Peter Thiel Is Investing in This Cryptocurrency

Bitcoin Price Prediction: A Push from Lightning Network May Double BTC in Price

Daily Bitcoin News Update
The anxiously-awaited "Lightning Network" (LN) upgrade is finally out. It marks a major inflection point for Bitcoin. Three days ago, we anticipated its release, calling it a game changer for Bitcoin. We stand by our Bitcoin price prediction, which suggests that Bitcoin prices could nearly double from here.

Let me put it in plain English for you why the Lightning Network is a huge deal for Bitcoin.

The Lightning Network is to Bitcoin what “HTTP” is to the world wide web. It is the framework over which the future of.

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Ripple Price Prediction: Garlinghouse’s 3 Best Quotes from Money20/20

Ripple News Update
Although falling XRP prices captured most of the attention this week, today’s Ripple news update will focus on something more relevant to XRP’s long-term value.

Namely, a panel discussion featuring CEO Brad Garlinghouse.

The “fireside chat” was hosted at the Money20/20 Asia conference, which is a big deal on the other side of the world. Just to give you a sense of how influential this panel is, consider that Mr. Garlinghouse was preceded by the World Bank’s lead economist, Dilip Ratha.

While on stage, Garlinghouse made some revealing comments that should have sent XRP prices soaring. However, there’s no escaping the fact that Ripple prices.

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Ripple Price Prediction: Garlinghouse’s 3 Best Quotes from Money20/20