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What Is Monero? Should You Invest in Monero Over Litecoin?

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.

See more here:

What Is Monero? Should You Invest in Monero Over Litecoin?

Ethereum Price Forecast: A Post-Fork Surge Can Take ETH to $400

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 article here:

Ethereum Price Forecast: A Post-Fork Surge Can Take ETH to $400

Bitcoin Price Forecast: BTC Soars 8% as “Hard Fork” Bulls Drown Out Russia Concerns

On Thursday, Bitcoin prices took flight across the all-important $5,000 level. It is a landmark moment for the currency, made all the sweeter because it comes on the heels of Russia’s anti-Bitcoin posturing.

The Bitcoin to USD exchange rate lifted off around 7:50 am (UTC). It soared 8.5% to reach $5,222.70.

As suggested by our previous Bitcoin price forecast, BTC only required one strong trading session to top the $5,000 level. Once the price crossed that threshold, it continued to skyrocket, thus breaking new ground for the famous cryptocurrency.
Daily.

The post Bitcoin Price Forecast: BTC Soars 8% as “Hard Fork” Bulls Drown Out Russia Concerns appeared first on Profit Confidential.

Read more here:

Bitcoin Price Forecast: BTC Soars 8% as “Hard Fork” Bulls Drown Out Russia Concerns

Ripple Price Forecast: 100 Customer Benchmark Sends XRP Up 3%

On Tuesday, Ripple announced that it had reached an important milestone: 100 financial institutions on its enterprise blockchain. (Source: “Ripple’s Blockchain Network Is Now More Than 100 Strong,” Ripple, October 10, 2017.)

Investors celebrated this Ripple news by sending prices up 2.66% against Bitcoin.

However, it should be noted that the Ripple to USD exchange rate only advanced 1.87% to $0.262645. This suggests that existing crypto investors are more excited.

The post Ripple Price Forecast: 100 Customer Benchmark Sends XRP Up 3% appeared first on Profit Confidential.

Continued here:

Ripple Price Forecast: 100 Customer Benchmark Sends XRP Up 3%

Daily Ethereum Price Forecast – ETH Rises 4% on Byzantium Rollout

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.

Continue reading here:

Daily Ethereum Price Forecast – ETH Rises 4% on Byzantium Rollout

Ethereum Price Forecast: Today’s 12% Gain Shows That $400 Within Grasp

Ethereum prices are on a tear today, rising more than 12% on a broad-based rally in cryptocurrencies. The Ethereum to USD exchange rate is currently at around $341.47.

What’s truly remarkable is that the speed of Ethereum’s recovery is stunning. ETH prices were trading at $206.00 only last month. Earlier in the summer, they were at $143.00.

In between those troughs, there was a brief moment when Ethereum skyrocketed and flirted with the $400.00 price level. But then China pulled out the rug by banning ICOs and cryptocurrency trading. ETH never managed to cross that important price level.

However, the pace of this week’s gains put Ethereum on track to reach $400.00 in a.

The post Ethereum Price Forecast: Today’s 12% Gain Shows That $400 Within Grasp appeared first on Profit Confidential.

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Ethereum Price Forecast: Today’s 12% Gain Shows That $400 Within Grasp

Bitcoin Price Forecast: BTC Skyrockets 9% as Market Optimism Is Restored

Investors that bought Bitcoin last month are looking really smart right now. Some of them, especially those who bought at the bottom, would have gained upwards of 90% on their investment.

Some of the biggest gains came this week.

For instance, we reported yesterday that BTC prices had advanced more than eight percent in a single trading session, putting Bitcoin above $5,000 for the first time ever. Now that milestone.

The post Bitcoin Price Forecast: BTC Skyrockets 9% as Market Optimism Is Restored appeared first on Profit Confidential.

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Bitcoin Price Forecast: BTC Skyrockets 9% as Market Optimism Is Restored

Daily Litecoin Price Forecast: When LTC/BTC Ratio Corrects, Litecoin Can Reach $85.00

Investors that are new to cryptocurrencies might find it easier to think of Litecoin (LTC) as a parallel to precious metals. Rather than thinking of it as a mysterious digital asset, think of it as the “silver” to Bitcoin’s (BTC) “gold.” It is practical and commercial rather than a store-of-value, exactly like silver.

This relationship is old Litecoin news, but it serves as a healthy reminder that the Bitcoin price and Litecoin price travel as a pair.

Like gold and silver, there is a standard LTC/BTC ratio. Just to give you a sense of it, the last time that Bitcoin traded in the high $4,000 range, Litecoin was trading between $75.00 and $80.00.

That relationship.

The post Daily Litecoin Price Forecast: When LTC/BTC Ratio Corrects, Litecoin Can Reach $85.00 appeared first on Profit Confidential.

Continued here:

Daily Litecoin Price Forecast: When LTC/BTC Ratio Corrects, Litecoin Can Reach $85.00

Litecoin Price Forecast: LTC Soars 23% in 1 Week as Bitcoin Price Slows

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.

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Litecoin Price Forecast: LTC Soars 23% in 1 Week as Bitcoin Price Slows

Ripple Price Forecast: XRP Surges 9% on Reverse-Rotation from Bitcoin to Altcoin

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.

Original post:

Ripple Price Forecast: XRP Surges 9% on Reverse-Rotation from Bitcoin to Altcoin

Ethereum Price Forecast: Today’s 12% Gain Shows That $400 Within Grasp

Ethereum prices are on a tear today, rising more than 12% on a broad-based rally in cryptocurrencies. The Ethereum to USD exchange rate is currently at around $341.47.

What’s truly remarkable is that the speed of Ethereum’s recovery is stunning. ETH prices were trading at $206.00 only last month. Earlier in the summer, they were at $143.00.

In between those troughs, there was a brief moment when Ethereum skyrocketed and flirted with the $400.00 price level. But then China pulled out the rug by banning ICOs and cryptocurrency trading. ETH never managed to cross that important price level.

However, the pace of this week’s gains put Ethereum on track to reach $400.00 in a.

The post Ethereum Price Forecast: Today’s 12% Gain Shows That $400 Within Grasp appeared first on Profit Confidential.

See original here:

Ethereum Price Forecast: Today’s 12% Gain Shows That $400 Within Grasp

Bitcoin Price Forecast: BTC Skyrockets 9% as Market Optimism Is Restored

Investors that bought Bitcoin last month are looking really smart right now. Some of them, especially those who bought at the bottom, would have gained upwards of 90% on their investment.

Some of the biggest gains came this week.

For instance, we reported yesterday that BTC prices had advanced more than eight percent in a single trading session, putting Bitcoin above $5,000 for the first time ever. Now that milestone.

The post Bitcoin Price Forecast: BTC Skyrockets 9% as Market Optimism Is Restored appeared first on Profit Confidential.

Read the original here:

Bitcoin Price Forecast: BTC Skyrockets 9% as Market Optimism Is Restored

Daily Litecoin Price Forecast: When LTC/BTC Ratio Corrects, Litecoin Can Reach $85.00

Investors that are new to cryptocurrencies might find it easier to think of Litecoin (LTC) as a parallel to precious metals. Rather than thinking of it as a mysterious digital asset, think of it as the “silver” to Bitcoin’s (BTC) “gold.” It is practical and commercial rather than a store-of-value, exactly like silver.

This relationship is old Litecoin news, but it serves as a healthy reminder that the Bitcoin price and Litecoin price travel as a pair.

Like gold and silver, there is a standard LTC/BTC ratio. Just to give you a sense of it, the last time that Bitcoin traded in the high $4,000 range, Litecoin was trading between $75.00 and $80.00.

That relationship.

The post Daily Litecoin Price Forecast: When LTC/BTC Ratio Corrects, Litecoin Can Reach $85.00 appeared first on Profit Confidential.

View original post here:

Daily Litecoin Price Forecast: When LTC/BTC Ratio Corrects, Litecoin Can Reach $85.00

What Is Monero? Should You Invest in Monero Over Litecoin?

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.

Read this article:

What Is Monero? Should You Invest in Monero Over Litecoin?

Ethereum Price Forecast: A Post-Fork Surge Can Take ETH to $400

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.

Here is the original post:

Ethereum Price Forecast: A Post-Fork Surge Can Take ETH to $400

Bitcoin Price Forecast: BTC Soars 8% as “Hard Fork” Bulls Drown Out Russia Concerns

On Thursday, Bitcoin prices took flight across the all-important $5,000 level. It is a landmark moment for the currency, made all the sweeter because it comes on the heels of Russia’s anti-Bitcoin posturing.

The Bitcoin to USD exchange rate lifted off around 7:50 am (UTC). It soared 8.5% to reach $5,222.70.

As suggested by our previous Bitcoin price forecast, BTC only required one strong trading session to top the $5,000 level. Once the price crossed that threshold, it continued to skyrocket, thus breaking new ground for the famous cryptocurrency.
Daily.

The post Bitcoin Price Forecast: BTC Soars 8% as “Hard Fork” Bulls Drown Out Russia Concerns appeared first on Profit Confidential.

View original post here:

Bitcoin Price Forecast: BTC Soars 8% as “Hard Fork” Bulls Drown Out Russia Concerns

Ripple Price Forecast: 100 Customer Benchmark Sends XRP Up 3%

On Tuesday, Ripple announced that it had reached an important milestone: 100 financial institutions on its enterprise blockchain. (Source: “Ripple’s Blockchain Network Is Now More Than 100 Strong,” Ripple, October 10, 2017.)

Investors celebrated this Ripple news by sending prices up 2.66% against Bitcoin.

However, it should be noted that the Ripple to USD exchange rate only advanced 1.87% to $0.262645. This suggests that existing crypto investors are more excited.

The post Ripple Price Forecast: 100 Customer Benchmark Sends XRP Up 3% appeared first on Profit Confidential.

Read the rest here:

Ripple Price Forecast: 100 Customer Benchmark Sends XRP Up 3%

Litecoin Price Forecast: LTC Soars 23% in 1 Week as Bitcoin Price Slows

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.

Follow this link:

Litecoin Price Forecast: LTC Soars 23% in 1 Week as Bitcoin Price Slows

Daily Ethereum Price Forecast – ETH Rises 4% on Byzantium Rollout

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 original post:

Daily Ethereum Price Forecast – ETH Rises 4% on Byzantium Rollout

Ripple Price Forecast: XRP Surges 9% on Reverse-Rotation from Bitcoin to Altcoin

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.

Read the original post:

Ripple Price Forecast: XRP Surges 9% on Reverse-Rotation from Bitcoin to Altcoin


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