Litecoin Price Forecast: China Sets Up New Roadblocks, Cryptos Crash

Daily Litecoin News Update
Litecoin investors brace for crypto crash 2.0 after China puts up new barriers for local investors. Investors in one of the largest crypto markets confront major obstacles after the government blocks access to exchanges. What we have upon us now is another September-like crash.

China, which completely banned initial coin offerings (ICOs) back in September and later banned all domestic cryptocurrency exchanges to operate in the country, is now going after the Asian exchanges working outside the mainland.

According to the Chinese media, major exchanges like Binance and Bittrex, which operate from Hong Kong, were.

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NEM Price Forecast: Two Reasons Why NEM Prices Are Soaring

Here’s Why NEM Has Further Upside Potential
NEM prices were a sight for sore eyes on Thursday. The wider crypto market was crashing while this penny cryptocurrency was shooting through the roof. Two prominent developments seemingly galvanized this price action. We have reasons to believe that the XEM coin performance may eventually deliver on our NEM price forecast for 2018.

Most media outlets on Thursday ran headlines about Coincheck making good on its promise to compensate investors in the aftermath of the notorious Coincheck.

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Ripple Price Prediction: SWIFT Tries to Combat Growing XRP Threat

Ripple News Update
Although Ripple prices are enmeshed in the market-wide cryptocurrency slump, shrewd investors might have noticed a positive signal buried amid the noise.

What am I talking about? Well, there was a report that SWIFT, Ripple’s main rival, is talking up its efforts in distributed ledger technology (DLT). For the uninitiated, DLT is the core innovation underlying Bitcoin, Ripple, Ethereum...basically, all the cryptocurrencies in existence.

Ripple wants to disrupt SWIFT by using these distributed ledger innovations. That’s why it is comical to see SWIFT claiming proficiency in DLT. It’s not their strong suit! The mere fact they are.

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Bitcoin Price Forecast: Three Reasons Why Bitcoin Price Crashed

Daily Bitcoin News Update
A 10% drop in BTC prices over the course of 24 hours is no longer as alarming as it used to be. Perhaps investors are slowly getting complacent to price volatility. But a 10% drop in a matter of a few minutes? Now that should certainly send shockwaves across the market, no matter how risk-loving that crypto investors get.

This is exactly what happened on Wednesday afternoon, when Bitcoin prices took a deep sudden plunge, leaving everyone in a tizzy. Three negative events transpired side-by-side in this short time frame, all of which adversely affected investor sentiments..

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Litecoin Price Prediction: Exchanges Wreak Havoc on LTC Prices

Daily Litecoin News Update
At least two incidents yesterday have sent Litecoin prices tanking below $200.00. Both involved cryptocurrency exchanges, not cryptocurrencies directly. It’s fair to say that fear, uncertainty, and doubt (FUD) was once again pulling the strings on investor sentiment.

First, one of the world’s largest cryptocurrency exchanges, Binance, got infiltrated by hackers on Wednesday. While the attack didn’t do much damage, the fear was enough to force a massive sell-off.

What’s alarming, however, is that the Litecoin dumping primarily occurred on U.S. exchange GDAX and South Korean exchange OKEx,.

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Monero Price Forecast: Beware of the XMR Price Surge Ahead of MoneroV Hard Fork

Why the Monero Coin Price Is Surging
On a day when the broader crypto market was drenched in red, the Monero price chart was showing green candlesticks. The XMR coin price is riding a tailwind that helped it thwart Wednesday's marketwide correction. In fact, Monero has turned out to be one of the few cryptocurrencies that has managed to recoup most of its losses post the February crypto market crash.

Take a look at the Monero chart below and see how its past one-month performance stacks up against industry leader Bitcoin and its biggest rival ZCash. Monero conspicuously stands out in blue..

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Ethereum Price Forecast: SEC & Japan’s FSA Weigh Heavy on ETH

Ethereum News Update
Ethereum prices, and cryptocurrency values more broadly, slipped again on Thursday as investors mulled regulatory actions in the United States and Japan.

This is surprising, given that U.S. regulators have largely welcomed cryptocurrencies with open arms. They tend to harbor a deep respect for innovation. Even if they worry about the dangers of initial coin offerings (ICOs), those concerns haven’t led to a broad crackdown.

For example, a recent Blockchain Summit featured speakers from the U.S. Commerce Department and the Office of Personnel Management. Both of them spoke glowingly about the potential of blockchain technology, demonstrating the.

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How are Cryptocurrencies Taxed?—Paying Taxes on Bitcoin and Other Cryptos

How Are Cryptocurrencies Taxed?
The past year has seen a huge surge in the popularity of cryptocurrencies. Everybody and his brother are looking to make a quick buck by buying new cryptos for pennies and selling them for dollars.

As the income comes pouring in, so do tons of tax-related questions, such as: "Do you need to pay taxes on cryptocurrencies?," "Are there any cryptocurrency taxes in the U.S.?," "Who needs to pay taxes on cryptocurrencies?," "How are cryptocurrencies taxed?," and "Who do I pay taxes to?"

We’ll answer all of these.

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Bitcoin Price Forecast: Russia Finalizing Regulations by July, Bitcoin Future Looks Safe

Daily Bitcoin News Update
Another country is swiftly moving toward Bitcoin regulations. This time, it’s Russia. Yesterday, Russian President Vladimir Putin signaled the country’s regulators to get the cryptocurrency regulations in place, at the very latest by July 2018. Why does it matter? Because the regulations would define the future of Bitcoin and other cryptocurrencies in the country.

Putin set the ball rolling on crypto regulations last year, and the ball is now in the regulators’ court.

On one side, the Central Bank of Russia is of the view that cryptocurrencies pose investment risks and so should not be legalized for investing. On the other side, the Ministry.

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Ethereum Price Forecast: Why ETH Could Surge from Now till June

Ethereum News Update
Scaling questions abound for Bitcoin and Ethereum, but at least Ethereum is well on its way to a solution. And no, I don’t mean "Raiden."

As the most famous of Ethereum’s potential saviors, Raiden could still end up declogging the Ethereum network, but it will have to outrace a new entrant called the “Liquidity.Network.” (Source: "Ethereum's Raiden Network Has New Scaling Competiton," CoinDesk, March 4, 2018.)

In other words, Raiden has competition.

Although both companies are using similar concepts—adding a “shell” over the.

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Ethereum Price Forecast: Why ETH Could Surge from Now till June

Litecoin Price Forecast: February’s Top Performer Is Not a One-Hit Wonder

Daily Litecoin News Update
Crypto prices surprised us with more unpredictability in the past month than the erratic February weather. Litecoin, for instance, came in like a lamb and went out like a lion. The Litecoin price skyrocketed more than 70% in February, despite a marketwide price slump in the first half of the month. Of all the top cryptocurrencies, Litecoin remained the best-performing crypto by a considerable margin.

How did it make this possible?

There have been a number of contributing factors, all of which, in my view, point to further.

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Bitcoin Price Prediction: Regulations Are a Blessing in Disguise for Bitcoin

Daily Bitcoin News Update
Following in the footsteps of its northern neighbor, Mexico is crafting regulations for cryptocurrencies. The Mexican Congress passed a bill four days ago, which now awaits the president’s final signature to go into effect. With this, Mexico joins the growing list of countries undertaking crypto regulations—a trend that, we believe, plays in favor of Bitcoin rather than against it.

Let me explain.

Exchange hacks and cryptocurrency heists have seen an unprecedented rise in the recent months, and as hundreds of millions get lost in these digital robberies, investors are turning wary of crypto investing.

Productive regulations may pave the way.

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Ripple Price Prediction: XRP Surges Past $1 as Skeptics Concede

Ripple News Update
Cryptocurrency markets are relatively upbeat on Monday morning, but even in a sea of green, Ripple stands out with double-digit growth.

It rose 16.16% in the past 24 hours, bringing the XRP to USD exchange rate to $1.05.

This was an important threshold for Ripple. Trading volumes had diminished in recent weeks, dragging XRP into the pile of cryptocurrencies worth less than one dollar.

However, those volumes returned with force this weekend, surging from about $280.0 million to near $800.0 million in a single day. By the time this article.

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Ripple Price Prediction: XRP Surges Past $1 as Skeptics Concede

What Is NEO Coin? Everything to Know About the “Chinese Ethereum”

What Is NEO Cryptocurrency?
NEO is a relatively new cryptocurrency, but one should not dismiss it as the new kid on the block (chain). NEO coin is regarded among industry gurus as China’s response to Ethereum. In this review, we’ll discuss everything from how NEO coin works to the NEO coin potential.

NEO is a blockchain platform as well as a cryptocurrency designed to create a smarter economy and easily facilitate the transfer of digital and traditional assets between users. The primary aim of NEO is to use smart contracts and become a digital, decentralized,.

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Bitcoin Price Prediction: BTC Price to Get a Boost After Exchanges Slash Fees?

Daily Bitcoin News Update
Bitcoin is the only crypto in the top 10 that's trading in green on Friday morning. The BTC price has hopped across the $11,000 mark, most likely because buying and selling BTC has just become a whole lot cheaper.

Major crypto exchanges around the world are slashing withdrawal fees for BTC. How did that happen?

Anyone who's downloading the new Bitcoin update, that is, "Bitcoin Core version 0.16.0," is automatically shifting to SegWit—a tweak in the code that has made BTC transactions a lot cheaper and faster than before. Exchanges are likewise benefiting from it.

Two big global exchanges, Binance and Kraken,.

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Ethereum Price Forecast: ETH Hurt by Weak Trading & High Concentration

Ethereum News Update
While blockchain use-cases are filtering into the real economy, cryptocurrency markets have sputtered to a standstill. Prices are just moving sideways.

But before we delve into those forces, I want to emphasize that blockchain development is happening at all levels of business, even the upper echelon of the Fortune 500.

For example, Walmart Inc (NYSE:WMT) recently filed an application with the U.S. Patent and Trademark Office (USPTO) for delivery technology that uses a decentralized ledger for recording information. (Source: “.

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Litecoin Price Prediction: Litecoin Update Out, Relay Fees Lowered to Compete with BTC

Daily Litecoin News Update
The same week as Bitcoin’s new upgrade is rolled out, Litecoin developers release the Litecoin update in a bid to stay ahead of the curve. The just-released "Litecoin Core version 0.15.1" embraces lower relay fees.

Just to be clear, relay fees are different than transaction fees. Transaction fees will be lowered in the next major update, the "Litecoin Core version 0.16.0," which is currently in the works.

So what’s the difference? What does the current upgrade offer?

In layman's terms, a relay fee is the minimum fee you’re willing to pay for a transaction, while the transaction fee is the amount you actually pay. Confused? Let’s break.

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NANO Price Forecast 2018: This Could Spark a Rally in the NANO Coin Price

One Cryptocurrency Everyone Is Talking About in 2018
The Nano cryptocurrency is currently a hot topic on everyone’s lips. This emerging crypto got the social media world abuzz after the founder of a rival cryptocurrency gave it a thumbs-up. This week's biggest Nano news is that Litecoin founder Charlie Lee has bought some NANO coins. But we’re speculating something bigger for NANO, which may cause Nano prices to skyrocket this year.

But first, let’s quickly rehash the two events that caused a stir this week. Two days ago, the founder of Litecoin (which is supposedly a competitor of Nano) took to Nano's subreddit to question its technology. The comments he left on the.

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Ripple Price Prediction: What New Partnership Says About XRP’s Future

Ripple News Update
A company processing $20.0 billion in cross-border payments is launching an XRP pilot program, adding more real-world demand for Ripple’s native cryptocurrency.

The company is Cambridge Global Payments.

For those unfamiliar with Cambridge, it is a fairly large player in the international payments space, with 13,000 clients in North America, Latin America, Europe, and Australasia. (Source: “Cambridge to use XRP for Faster Global Payments,” Ripple, March 1, 2018.)

“We are excited for the insights this pilot program is expected to deliver, and we.

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Litecoin Price Forecast: Will LTC Price Rout After LitePay Launch?

Daily Litecoin News Update
We identify a pattern developing in crypto prices as crypto markets recover on Friday after a two-day slump. Prices seem to be following a routine here, whereby prices drop around mid-week and then begin to reverse their fall toward the end of the week. Later, a splendid rally follows on the weekends.

This is how far we have managed to predict prices in this space because, let's be honest, cryptos are otherwise acutely capricious investments sporting high volatility and nearly absolute unpredictability. This is because.

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