Ethereum Price Forecast and Analysis – September 19, 2017

As the dust settles from China’s crackdown on cryptocurrencies, Ethereum looks poised for a rally that could send it across the $300.00 level. However, the situation remains tenuous.

The Chinese ban confirmed the worst fears of some investors—that central banks and other vested interests will regulate against cryptocurrencies to keep their hold on power.

It’s not an unreasonable fear, but I should add that regulators only banned yuan to crypto exchanges, not the existence of blockchain itself. That may sound like a difference without a distinction, but it could be.

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Ethereum Price Forecast and Analysis – September 19, 2017

Bitcoin Price Forecast and Analysis – September 19, 2017

Bitcoin (BTC) is once again nearing the all-important $4,000 threshold, a significant bounce-back compared to last week's low point of $3,200 that came as a result of China's crackdown on initial coin offerings (ICO).

Of course, the brightest cryptocurrency future has to include the Chinese market and its loads of cash, but for now, Bitcoin should be able to pull itself up steadily back to the $5,000 mark without China's help.

Cryptocurrencies will need to find a way to reintegrate themselves into the Chinese market in the long term. BTC prices benefit from a surge in.

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Bitcoin Price Forecast and Analysis – September 19, 2017

Litecoin Price Forecast and Analysis – September 19, 2017

While most of the cryptocurrency market hit the snooze button on Monday, Litecoin traders were up and about. More than $408.0 million worth of LTC coins changed hands as the Litecoin to USD exchange rate jumped roughly 4.11%.

Litecoin also gained around 2.9% against Bitcoin, possibly balancing for the different speeds in their recoveries. Nevertheless, it’ll be a long time before the two currencies are disentangled.

To this day, investors perceive Litecoin as “the silver to Bitcoin’s gold.”

There were moments when the market started to value LTC based on Litecoin news alone (which led to all-time highs), but then China rained on everyone’s parade by shutting down.

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Litecoin Price Forecast and Analysis – September 19, 2017

Ripple Price Forecast and Analysis – September 19, 2017

Ripple prices took a break from the high drama of recent weeks, ending the last 24 hours a slight twitch up to around $0.185670. The stability of the Ripple to USD exchange rate is a constructive signal for investors that grew nervous after the Chinese crackdown.

After all, XRP fell by double digits only a few days ago, putting our annual Ripple price prediction in jeopardy. Cooler heads have prevailed since then, and Ripple is back above where it was a.

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Ripple Price Forecast and Analysis – September 19, 2017

Ripple Price Forecast and Analysis – September 18, 2017

For the first time in a week, cryptocurrencies stuck their heads above water. The Ripple-to-USD exchange rate jumped 7.13% to $0.188622, while simultaneously falling 4.22% against Bitcoin.

China’s ban on cryptocurrency exchanges was once again the biggest piece of Ripple news. This time, however, prices moved to the upside, because investors realized that last week’s reaction was a little excessive (if not downright apocalyptic).

What makes it worse is that Ripple didn’t deserve the beating it took last week.

For one thing, less than five percent of its.

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Ripple Price Forecast and Analysis – September 18, 2017

Litecoin Price Forecast and Analysis – September 18, 2017

Despite China taking a bat to Litecoin’s knees, the Litecoin-to-USD exchange rate bounced up about 9.68% to roughly $51.89. “What explosive piece of Litecoin news caused this rally?” you ask.

Oddly, nothing in particular.

This was a see-saw moment for Litecoin prices. After tilting hard towards the bearish side last week, investors pushed off the bottom to bring LTC prices back above $50.00.

Perhaps they thought the reaction to China’s ban on cryptocurrency exchanges was a tad overblown. Or perhaps they thought LTC is a buy under $50.00.

In either case, the surge in prices is likely to continue now that the fog of uncertainty has lifted.

Last week, we knew nothing.

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Litecoin Price Forecast and Analysis – September 18, 2017

Ethereum Price Forecast and Analysis – September 18, 2017

Hallelujah! After a week of non-stop pain, investors finally moved past China’s ban on cryptocurrency exchanges. They bid up prices, bet on fundamentals, and were rewarded with flashing green numbers on their trading monitors.

For instance, the Ethereum-to-USD exchange rate jumped 17% to $280.69 on Sunday.

Considering that it slipped below $200.00 on Friday, the rebound was particularly steep. Who said there’s no resilience in cryptocurrencies? It took less than a week to shrug off China’s ban, which was definitely more than a flesh wound.

Ethereum gained.

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This Cryptocurrency Could Be the Next Bitcoin

Bitcoin Turned $25 into $34 Million
Bitcoin, bitcoin, bitcoin, bitcoin, bitcoin, bitcoin...bitcoin. It’s all that anyone seems to be talking about, yet the volatility of Bitcoin is terrifying. Double-digit swings are a normal occurrence. And no one can explain what it does, at least not in plain English.

But there’s no denying that Bitcoin is a gold mine.

Investors who bought BTC coins in 2013 would have gained 2,411% by now. And those who “mined” the currency made even bigger returns..

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This Cryptocurrency Could Be the Next Bitcoin

Ripple Price Forecast and Analysis – September 15, 2017

As with the rest of the cryptocurrency market, China takes center stage in our Ripple news update. It’s the only thing that matters at the moment, though one could argue that XRP is unfairly caught in the crossfire.

After all, less than five percent of Ripple’s trading volume comes from within China. Add that to the fact that the ban is on trading, and not “blockchain activities,” and it seems like Ripple’s eastward expansion is still on track.

What the regulators objected to was the “disorder” of cryptocurrency exchanges. They aren’t fond of chaos. But.

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Ripple Price Forecast and Analysis – September 15, 2017

Ethereum Price Forecast and Analysis – September 15, 2017

China is the only Ethereum news that matters today, as crypto markets continue to reel from a Chinese crackdown on local exchanges. The entire crypto market is under siege.

Ethereum to USD prices are down about 20.85% and Ethereum to Bitcoin prices dropped roughly 3.1%, suggesting that investors are coalescing around the market leader in times of uncertainty.

With ETH prices touching a two-month low at $201.62, many are wondering when the pain will stop. The truth is, there might be more pain to come.

Two of China’s largest cryptocurrency exchanges have not yet shut.

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Ethereum Price Forecast and Analysis – September 15, 2017

Litecoin Price Forecast and Analysis – September 15, 2017

It’s a bloodbath out there, folks.

As predicted, the Litecoin news coming out of China has wreaked havoc on its price, driving the Litecoin to USD down about 31.73% to roughly $38.10.

Litecoin hasn’t traded at these levels since the start of the summer, when it was riding high on a spectacular ascent. Even a week ago, it brushed new all-time highs.

However, much of that optimism was blunted by the Chinese government’s crackdown on domestic cryptocurrency exchanges. The story came out in dribs and drabs, sucking out confidence in the market like a leech.

Smaller exchanges were the first to pack up, but now some of the bigger exchanges are closing their doors as well. For.

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Ethereum Price Forecast and Analysis – September 14, 2017

ETH prices fell roughly 11.36% in the last 24 hours to near $238.72. At the same time, the Ethereum to Bitcoin exchange rate dropped almost 5.44%.

The biggest piece of Ethereum news today is the potential Chinese crackdown on cryptocurrency exchanges. Well, that and the recent comments from Jamie Dimon, CEO of JPMorgan Chase & Co. (NYSE:JPM).

Both of these developments dragged down the short-run Ethereum price.

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Ethereum Price Forecast and Analysis – September 14, 2017

Ripple Price Forecast and Analysis – September 14, 2017

XRP prices took a tumble in the last 24 hours, falling below the $0.20 handle as fears of a Chinese crackdown solidified. The Ripple to USD exchange rate fell roughly 3.58%, while the Ripple to Bitcoin rate only edged down by around 0.08%.

Most of the pessimism was drawn from China’s potential closure of cryptocurrency exchanges.

Here’s a rough sketch of what we know and when we knew it.

Last week, there were rumors that the government was.

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Ripple Price Forecast and Analysis – September 14, 2017

Litecoin Price Forecast and Analysis – September 14, 2017

In an unexpected twist, today’s Litecoin news revolves around Jamie Dimon, CEO of JPMorgan Chase & Co. (NYSE:JPM), and an obscure Chinese think tank called China’s National Internet Finance Association (NIFA).

Let’s start with Wall Street’s poster boy.

While speaking at a conference in New York, Dimon claimed that Bitcoin “is a fraud” and will blow up before long. “It’s worse than tulip bulbs,” he said, in reference to the famous asset bubble from the 1600s.

Dimon claimed that there would be significant losses for anyone “stupid” enough to trade cryptocurrencies. (Source: ".

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Litecoin Price Forecast and Analysis – September 14, 2017

Is It Too Late to Become an Overnight Bitcoin Millionaire?

Can You Become a Bitcoin Millionaire Overnight?
Bitcoin price predictions aren’t exactly hard to come by these days, but most articles avoid the tough questions, such as: “Is it too late to become a Bitcoin millionaire?” That is because those types of questions are hard to answer.

Most people are drawn to Bitcoin because, since its inception in 2009, the cryptocurrency has outperformed just about every other asset on the planet.

The first time we saw a Bitcoin to USD exchange rate was when a Bitcoin miner spent 10,000 tokens to buy two large.

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Ripple Price Forecast and Analysis – August 25, 2017

Yesterday brought more bad Ripple news for the bank-friendly cryptocurrency.

XRP prices fell 16.6% (at the time of writing) to $0.219886, marking the third day of consecutive losses in an otherwise positive week. Despite the damage, Ripple is still up 38.6% for the week.

It is likely that by cashing in their gains, some investors set off a chain reaction that led to the precipitous fall. However, the long-term factors propping up the Ripple price prediction remain intact, as was highlighted by the announcement of its upcoming conference: Swell.

Those.

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Ripple Price Forecast and Analysis – August 25, 2017

Litecoin Price Forecast and Analysis – August 25, 2017

Litecoin is often referred to as “the silver to Bitcoin’s gold,” yet it has fallen out of sync with BTC prices in recent months. This divergence—which started in mid-July and festered through August—is creating tons of slack in the Litecoin price forecast.

For example, the LTC/USD exchange rate fell 1.67% yesterday, while the LTC/BTC exchange rate fell 4.89% by comparison. The disparity reflects greater pessimism among investors that already have money in the crypto market.

Many of them rotated funds from LTC to BTC in the weeks running up to the Bitcoin August 1 fork. As a result, Bitcoin appreciated considerably against Litecoin.

However, Litecoin recently became.

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Cryptocurrency Price Predictions 2018: Ripple Is the Clear Winner

Cryptocurrencies Offer Insane Returns
Investors looking for cryptocurrency price forecasts are about to have an embarrassment of riches, because everyone and their uncle is shouting predictions from the rooftops. Some of them may even come true.

Most of these forecasts concern Bitcoin and Ethereum, but do not turn a blind eye to the ones featuring “altcoins” such as Litecoin and Ripple. They are starting from a much lower base, making it easier for them to double, or even triple, in a short amount of time.

For example, XRP grew 3,977% in the first six months of 2017. It is inconceivable that investors can achieve those kind of results from the stock market, yet.

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Cryptocurrency Price Predictions 2018: Ripple Is the Clear Winner

No SegWit Bump? Bitcoin Price Shrugs Off Upgrade with Sideways Trading – CoinDesk

"SegWit is old news for the market."

So says crypto analyst Petar Zivkovski, and there's evidence to suggest traders largely agree. Despite just completing perhaps its most significant technical upgrade ever, the price of bitcoin is down just under 1% over the last 24 hours of trading.

To Zivkovski, this shows that bitcoin's upgrade, no matter how impactful, was for traders a classic "buy the rumor" event. He speculates much of the price activity in recent months was due to the upgrade prior to it being clear SegWit would be activated (thereby increasing and redefining network capacity), he notes bitcoin was trading below $2,000.

But before the network adopts the top-level payment networks and other next-generation features enabled by SegWit, Zivkovski expects a run of profit-taking.

Others are less certain here. Arthur Hayes, CEO of bitcoin derivatives exchange BitMEX, said that while the price will likely decline slightly in coming days, he expects it to "zoom higher" in the aftermath of the activation.

"My upside price target is $4,500 then $5,000," he told CoinDesk.

Elsewhere, comments hint that traders are just beginning to understand how cryptographic assets broadly respond to issues related to their technology. Charles Hayter, founder of exchange service CryptoCompare, for instance, chose to view it as the latest data point in an ongoing experiment on the matter.

Though he said it's likely to provide a "positive catalyst" long term, he hinted at an uncertain outlook in the coming days, remarking:

"With litecoin we saw a fall after the enaction of SegWit, but with bitcoin cash we saw a price rise on 8MB blocks being mined its half a dozen of one and half a dozen of the other for bitcoin."

Among analysts there was also a feeling that prices could be locked into the current range until November, when another technical change is anticipated for the network.

Given the controversy around the plan, and the possibility that it could result in the creation of a third major bitcoin asset, Hayes put forward this idea, arguing that while the price could creepabove $5,000, it's not likely to go much higher.

Elsewhere, developer and trader Jacob Eliosoff agreed that uncertainty is likely ahead as the market looks to price in those coming changes.

"I predict will be a huge mess and will do at least temporary damage to the price around the split itself," he said.

Level bubble image via Shutterstock

The leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Have breaking news or a story tip to send to our journalists? Contact us at [emailprotected].

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No SegWit Bump? Bitcoin Price Shrugs Off Upgrade with Sideways Trading - CoinDesk

SEC halts trading of secretive bitcoin stock – New York Post

Now thats a pretty penny-stock.

US regulators on Thursday halted trading in a Canadian bitcoin company that had surged more than 6,000 percent this year.

The Securities and Exchange Commission said it has concerns that the company, First Bitcoin Capital, wasnt telling the whole truth about what it owns and how its structured.

First Bitcoin, run by Simon Rubin, a secretive digital currency entrepreneur, was halted by the SEC before it opened for trading.

The SEC froze trading on the stock at $1.79. It was trading for less than 3 cents on Dec. 31.

The Commission temporarily suspended trading in the securities of BITCF because of concerns regarding the accuracy and adequacy of publicly available information about the company, including, among other things, the value of BITCFs assets and its capital structure, the regulator said in a statement.

Its unclear what accounted for the recent surge in the companys price, which reached a high of $2.70 on Aug. 14.

The company had no income as of the third quarter of 2016, according to an unaudited financial report at the time the last one available.

Not much is known about First Bitcoin. Rubin, the CEO and chairman, is described in a bare-bones company bio as a serial entrepreneur with a background in programming and web design.

Rubin is the only officer listed without a photo.

The company, in a statement, said the SEC action was likely the case of a misunderstanding or a needed clarification.

[I]t would have been better for the SEC to ask us for [some] information before taking such drastic action, it said.

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SEC halts trading of secretive bitcoin stock - New York Post