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Daily Ethereum Price Forecast: Korean ICO Ban Expected to Pummel ETH Prices

Like its neighbor across the Yellow Sea, South Korea is banning a blockchain-based funding method known as “initial coin offering,” or ICO. Since the vast majority of ICOs take place on Ethereum, this qualifies as pretty terrible Ethereum news.

ETH prices may fall dramatically in response.

After all, the language of the ruling is horribly firm. The Financial Services Commission (FSC) said that token offerings are in “violation of the capital market law” and will henceforth be illegal “regardless of technical terminology.”

They also.

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Daily Ethereum Price Forecast: Korean ICO Ban Expected to Pummel ETH Prices

Daily Bitcoin Price Forecast – BTC Recedes to $4000 Level on Russia’s Crypto Payment Ban

Bitcoin has found itself once again in the sights of a country eager to legislate it away, at least for the foreseeable future. Could this news affect the Bitcoin price prediction?

Alexey Moiseev, the deputy finance minister of Russia, commented on the issue. Moiseev said that he expects pending legislation on cryptocurrencies will involve a ban on payments made by digital currency. (Source: “Russia Likely to Ban Bitcoin Payments, Deputy Finance Minister Says,”.

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Daily Bitcoin Price Forecast – BTC Recedes to $4000 Level on Russia’s Crypto Payment Ban

Daily Ripple Price Forecast: Despite Setback, Singapore Ensures $2 XRP Price Target

After several strong trading sessions, the Ripple to USD exchange rate moderated ever so slightly. It fell 3.87% to $0.193713, which shouldn’t be all that surprising.

Cryptocurrencies often rise, dip as some investors cash out their gains, and then rise again. It is cyclical behavior that long-term investors should take into account before putting their money in the sector.

Fortunately, the net result of this trend is usually positive over the long term. Ripple prices are up more than seven percent for the week and 2,870% for the year, which leads me to believe continued adoption of its technology will lead to further gains.

There are always massive swings along the.

The post Daily Ripple Price Forecast: Despite Setback, Singapore Ensures $2 XRP Price Target appeared first on Profit Confidential.

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Daily Ripple Price Forecast: Despite Setback, Singapore Ensures $2 XRP Price Target

Bitcoin Price Forecast – Bitcoin Back on Top

As predicted, Bitcoin (BTC) has only continued to climb since getting past that pesky $4,000 threshold. While the coin has been in this territory before, the major event that waylaid the cryptocurrency’s progress was that unexpected Chinese ICO block.

With no calamitous news hitting the coin in the past few weeks, investors are bullish again on BTC and the coin is surging once more, getting to $4,250 just a day after the digital currency crossed $4,000, before falling a little bit back to about $4,166 as of the writing of this article.

The BTC rise was slowed a bit by.

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Bitcoin Price Forecast – Bitcoin Back on Top

Ethereum Price Forecast: ETH Crosses $300 as KDDI Corporation Goes Big on Smart Contracts

As confidence returns to the cryptocurrency market, investors saw fit to drive the Ethereum to USD exchange rate back above $300.00. It rose as high as $306.00 for the first time in two weeks.

While there was no silver bullet of Ethereum news, the overall ETH price prediction is starting to look rosy again. Markets have absorbed the shock of China’s ban on cryptocurrency exchanges and appear ready to move on. So what are they moving on to?

Well, the Byzantium.

The post Ethereum Price Forecast: ETH Crosses $300 as KDDI Corporation Goes Big on Smart Contracts appeared first on Profit Confidential.

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Ethereum Price Forecast: ETH Crosses $300 as KDDI Corporation Goes Big on Smart Contracts

Litecoin Price Forecast: LTC Prices Still 61% Undervalued

“With great certainty comes great reward”—I can’t remember where I first heard that phrase, but it basically sums up our Litecoin news for the day.

(Yes, I know its original incarnation was “With great power comes great responsibility,” but this version relates much more to my life.)

In any case, the phrase came to mind as the Litecoin to USD rate advanced 6.3% to $56.14 on Wednesday.

At that level, you would.

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Litecoin Price Forecast: LTC Prices Still 61% Undervalued

Litecoin Price Forecast: After South Korea, Can LTC Find a Safe Haven?

Only days after Litecoin recovered from China’s ban on cryptocurrency exchanges, there appear to be bearish rumblings in South Korea. Specifically, the country banned initial coin offerings or ICOs. This Litecoin news could be potentially disastrous for the Litecoin price prediction.

You see, the vast majority of Litecoin’s trading volume came from Huobi and OKCoin, two Chinese exchanges that are now under pressure to cease operations.

The loss of both exchanges was expected to severely crush any Litecoin price.

The post Litecoin Price Forecast: After South Korea, Can LTC Find a Safe Haven? appeared first on Profit Confidential.

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Litecoin Price Forecast: After South Korea, Can LTC Find a Safe Haven?

Daily Ethereum Price Forecast: Korean ICO Ban Expected to Pummel ETH Prices

Like its neighbor across the Yellow Sea, South Korea is banning a blockchain-based funding method known as “initial coin offering,” or ICO. Since the vast majority of ICOs take place on Ethereum, this qualifies as pretty terrible Ethereum news.

ETH prices may fall dramatically in response.

After all, the language of the ruling is horribly firm. The Financial Services Commission (FSC) said that token offerings are in “violation of the capital market law” and will henceforth be illegal “regardless of technical terminology.”

They also.

The post Daily Ethereum Price Forecast: Korean ICO Ban Expected to Pummel ETH Prices appeared first on Profit Confidential.

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Daily Ethereum Price Forecast: Korean ICO Ban Expected to Pummel ETH Prices

Daily Bitcoin Price Forecast – BTC Recedes to $4000 Level on Russia’s Crypto Payment Ban

Bitcoin has found itself once again in the sights of a country eager to legislate it away, at least for the foreseeable future. Could this news affect the Bitcoin price prediction?

Alexey Moiseev, the deputy finance minister of Russia, commented on the issue. Moiseev said that he expects pending legislation on cryptocurrencies will involve a ban on payments made by digital currency. (Source: “Russia Likely to Ban Bitcoin Payments, Deputy Finance Minister Says,”.

The post Daily Bitcoin Price Forecast – BTC Recedes to $4000 Level on Russia’s Crypto Payment Ban appeared first on Profit Confidential.

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Daily Bitcoin Price Forecast – BTC Recedes to $4000 Level on Russia’s Crypto Payment Ban

Daily Ripple Price Forecast: Despite Setback, Singapore Ensures $2 XRP Price Target

After several strong trading sessions, the Ripple to USD exchange rate moderated ever so slightly. It fell 3.87% to $0.193713, which shouldn’t be all that surprising.

Cryptocurrencies often rise, dip as some investors cash out their gains, and then rise again. It is cyclical behavior that long-term investors should take into account before putting their money in the sector.

Fortunately, the net result of this trend is usually positive over the long term. Ripple prices are up more than seven percent for the week and 2,870% for the year, which leads me to believe continued adoption of its technology will lead to further gains.

There are always massive swings along the.

The post Daily Ripple Price Forecast: Despite Setback, Singapore Ensures $2 XRP Price Target appeared first on Profit Confidential.

See more here:

Daily Ripple Price Forecast: Despite Setback, Singapore Ensures $2 XRP Price Target

Bitcoin Price Forecast – Bitcoin Back on Top

As predicted, Bitcoin (BTC) has only continued to climb since getting past that pesky $4,000 threshold. While the coin has been in this territory before, the major event that waylaid the cryptocurrency’s progress was that unexpected Chinese ICO block.

With no calamitous news hitting the coin in the past few weeks, investors are bullish again on BTC and the coin is surging once more, getting to $4,250 just a day after the digital currency crossed $4,000, before falling a little bit back to about $4,166 as of the writing of this article.

The BTC rise was slowed a bit by.

The post Bitcoin Price Forecast – Bitcoin Back on Top appeared first on Profit Confidential.

More here:

Bitcoin Price Forecast – Bitcoin Back on Top

Ethereum Price Forecast: ETH Crosses $300 as KDDI Corporation Goes Big on Smart Contracts

As confidence returns to the cryptocurrency market, investors saw fit to drive the Ethereum to USD exchange rate back above $300.00. It rose as high as $306.00 for the first time in two weeks.

While there was no silver bullet of Ethereum news, the overall ETH price prediction is starting to look rosy again. Markets have absorbed the shock of China’s ban on cryptocurrency exchanges and appear ready to move on. So what are they moving on to?

Well, the Byzantium.

The post Ethereum Price Forecast: ETH Crosses $300 as KDDI Corporation Goes Big on Smart Contracts appeared first on Profit Confidential.

More here:

Ethereum Price Forecast: ETH Crosses $300 as KDDI Corporation Goes Big on Smart Contracts

Litecoin Price Forecast: LTC Prices Still 61% Undervalued

“With great certainty comes great reward”—I can’t remember where I first heard that phrase, but it basically sums up our Litecoin news for the day.

(Yes, I know its original incarnation was “With great power comes great responsibility,” but this version relates much more to my life.)

In any case, the phrase came to mind as the Litecoin to USD rate advanced 6.3% to $56.14 on Wednesday.

At that level, you would.

The post Litecoin Price Forecast: LTC Prices Still 61% Undervalued appeared first on Profit Confidential.

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Litecoin Price Forecast: LTC Prices Still 61% Undervalued

Daily Ripple Price Forecast: As Predicted, XRP Prices Passes BCH

After a relatively calm week, XRP prices accelerated on Tuesday, making it the third-largest cryptocurrency by market capitalization. Meanwhile, Bitcoin Cash fell to fourth place.

The Ripple to USD exchange rate accelerated 9.25% to reach $0.200137. It was the first time that Ripple traded above $0.20 since China banned cryptocurrency exchanges. That regulatory crackdown wreaked havoc across the industry.

However, we wrote at the time (repeatedly, I might add) that Ripple was not as vulnerable to China’s regulatory environment as many investors seemed to.

The post Daily Ripple Price Forecast: As Predicted, XRP Prices Passes BCH appeared first on Profit Confidential.

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Daily Ripple Price Forecast: As Predicted, XRP Prices Passes BCH

Ethereum Price Forecast – Byzantium Fork Could Boost ETH Prices to $400

As ETH prices flirt with the $300.00 level (Ethereum to USD is at around $293.26, up roughly 0.368% in 24 hours), it’s our obligation to examine the next catalyst for Ethereum: the Byzantium hard fork.

Originally scheduled to take place on October 9, the fork was postponed to October 17 because, well, Ethereum founder Vitalik Buterin said that it was the smart thing to do.

Buterin is a messianic figure in the crypto community, so it wasn’t hard for him to convince everyone. “We’re not in an emergency situation,” he said to remind his fellow coders.

The post Ethereum Price Forecast – Byzantium Fork Could Boost ETH Prices to $400 appeared first on Profit Confidential.

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Ethereum Price Forecast – Byzantium Fork Could Boost ETH Prices to $400

Daily Ripple Price Forecast: XRP Price to Drop on South Korea Troubles

Although XRP prices took a major hit when China banned cryptocurrency exchanges, there was little to fear at that time. Chinese trading meant nothing to Ripple. But a crackdown in South Korea would be bigger Ripple news and could affect our Ripple price prediction.

Collectively, the volume from Chinese exchanges was less than five percent. But Korean exchanges frequently account for more than 70% of Ripple’s trading volume, meaning that we need to watch that regulatory environment with an eagle eye.

So what’s going on in South Korea?

Put simply, the.

The post Daily Ripple Price Forecast: XRP Price to Drop on South Korea Troubles appeared first on Profit Confidential.

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Daily Ripple Price Forecast: XRP Price to Drop on South Korea Troubles

Daily Litecoin Price Forecast: LTC Rallies Back Above $50.00

China, who?

Litecoin prices jumped 6.54% on Monday as investors shimmied past the Chinese cryptocurrency ban. It’s as if they all suffered a bout of amnesia at the same time.

One moment, the Chinese ban was front-page Litecoin news. The next, it was consigned to the dustbin of history. Will this selective memory last? That is less certain.

The Litecoin to USD exchange rate broke above $50.00 to find a level at around $51.74. The beleaguered coin also rose 2.08% against Bitcoin, suggesting that crypto funds are unfurling towards.

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Daily Litecoin Price Forecast: LTC Rallies Back Above $50.00

Bitcoin Price Forecast – Lingering Effects of China

By far the biggest news in September was that China would no longer allow initial coin offerings (ICOs) within its borders. On top of that, the country has alienated several key coin trading platforms that have said they will be leaving the country in the near future. With a huge swath of consumers now effectively being closed off to BTC, the Bitcoin price forecast has been relatively muted lately. Or at least, it has not been experiencing the massive booms and falls that we’re used to in the cryptocurrency market.

Bitcoin is trading at a hair below $3,800 as of the writing of this article, and has been fluctuating between $3,700 and $4,000 since the news dropped early- and.

The post Bitcoin Price Forecast – Lingering Effects of China appeared first on Profit Confidential.

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Bitcoin Price Forecast – Lingering Effects of China

Daily Ripple Price Forecast: Low Volumes Haunt XRP

Low trading volumes continue to crimp Ripple’s progress, driving the Ripple to USD exchange rate up 1.81% to near $0.182620. At the same time, XRP fell 0.75% against Bitcoin.

Only $20.57-million worth of XRP coins changed hands on Sunday, down from Saturday’s almost-as-bad $32.48 million. These simply aren’t the kind of trading volumes that drove Ripple up 2,639% earlier this year.

Traditionally, investors swap anywhere between $150.0-million and $500.0-million worth of Ripple.

However, China’s ban on cryptocurrency exchanges was a real shock to the system..

The post Daily Ripple Price Forecast: Low Volumes Haunt XRP appeared first on Profit Confidential.

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Daily Ripple Price Forecast: Low Volumes Haunt XRP

Ethereum Price Forecast – Byzantium Fork Could Boost ETH Prices to $400

As ETH prices flirt with the $300.00 level (Ethereum to USD is at around $293.26, up roughly 0.368% in 24 hours), it’s our obligation to examine the next catalyst for Ethereum: the Byzantium hard fork.

Originally scheduled to take place on October 9, the fork was postponed to October 17 because, well, Ethereum founder Vitalik Buterin said that it was the smart thing to do.

Buterin is a messianic figure in the crypto community, so it wasn’t hard for him to convince everyone. “We’re not in an emergency situation,” he said to remind his fellow coders.

The post Ethereum Price Forecast – Byzantium Fork Could Boost ETH Prices to $400 appeared first on Profit Confidential.

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Ethereum Price Forecast – Byzantium Fork Could Boost ETH Prices to $400


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