BTCC, one of the biggest cryptocurrency exchanges in China, stopped domestic trading on September 30. It should have been the biggest Litecoin news around affecting our Litecoin price prediction, but you wouldn’t have been able to tell by watching LTC prices.
Rather than falling apart like it did in previous weeks, the Litecoin to USD exchange rate increased 0.74% on Sunday. It is currently sitting at around $54.63.
At the same time, Litecoin fell 2.49% against Bitcoin.
However, you shouldn’t fall into the trap of thinking that this was a specific LTC/BTC rotation. It wasn’t. BTC dominance rose nearly approximately 80 basis points, from roughly 48.5% to.
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Litecoin Price Forecast: LTC Prices Up 10% in a Week Despite Chinese Closures
What Does Bitcoin Gold Fork Mean for Bitcoin (BTC) Prices?
It’s looking like Bitcoin (BTC) is headed towards what appears to be another split, where a new and rival cryptocurrency will be created, much like what happened earlier in July when Bitcoin Cash (BCH) came on the scene. But here’s the important thing to remember: Bitcoin splits are not the same as stock splits. While the Bitcoin news is predicting the.
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Bitcoin Gold Fork: Bitcoin (BTC) Prices Could Survive Another Split
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.”
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Daily Ethereum Price Forecast: Korean ICO Ban Expected to Pummel ETH Prices
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
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.
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Daily Ripple Price Forecast: Despite Setback, Singapore Ensures $2 XRP Price Target
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
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.
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Ethereum Price Forecast: ETH Crosses $300 as KDDI Corporation Goes Big on Smart Contracts
“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
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.
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Daily Ripple Price Forecast: As Predicted, XRP Prices Passes BCH
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.
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Ethereum Price Forecast – Byzantium Fork Could Boost ETH Prices to $400
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.
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Daily Ripple Price Forecast: XRP Price to Drop on South Korea Troubles
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.
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Litecoin Price Forecast: After South Korea, Can LTC Find a Safe Haven?
Bitcoin (BTC) has once again surpassed $4,000. This is big news.
While the coin is still far away from its peak around $5,000—although, knowing Bitcoin, would anyone be surprised if we woke up tomorrow and it jumped to $5,000?—getting past $4,000 was an obstacle that the cryptocurrency needed to conquer in order to get back on track.
The Bitcoin price forecast had been muted of late, primarily due to the China ICO block, where.
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Bitcoin Price Forecast – Bitcoin Back Above $4,000
With the end of September in sight, the Litecoin to USD exchange rate is slowly gathering momentum. It is currently up roughly 1.28% in the last 24 hours, sitting pretty at around $53.67.
At the same time, LTC prices are down about 2.06% against Bitcoin.
This resurgence in Litecoin price prediction is not a standalone feature. It has long been hailed as “the silver to Bitcoin’s gold,” meaning that the two cryptocurrencies rise and fall in sync.
We have seen that description come to life in the last few weeks and play out with stunning.
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Litecoin Price Forecast: LTC Picks Up Steam as China Worries Start to Fade
Although you can’t tell from XRP price movements, there was big Ripple news yesterday: namely, that Ripple opened an office in Singapore.
If this doesn’t sound like much to you, perhaps I should add that Singapore is a major financial center in the Southeast Asia region. It is a small country, sure, but its impact on global trade and finance is HUGE. Every bank of consequence has a big office there.
Moreover, the government of Singapore is openly seeking new fintech and innovation. It could very well pose a threat to SWIFT, the leading settlement company in.
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Daily Ripple Price Forecast: XRP Establishes Foothold in Singapore
Bitcoin (BTC) and cryptocurrencies, in general, are already well-known for their ability to travel. After all, for a “currency” totally based in the ether of the Internet, it makes sense that it would be one of the best industries for overcoming borders. No shipping required. Today, we’re seeing a lot of news come in that goes to show that BTC is indeed a global phenomenon coupled with a spike in the Bitcoin prices.
The BTC price is once more just a hair under $4,000 after.
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Bitcoin Price Forecast – Bitcoin Becoming a Global Empire
Ethereum has green ink across its “1h,” “24h,” and “7d” categories on the CoinMarketCap website, something that we haven’t seen in quite some time. What a beautiful sight to see.
The Ethereum to USD exchange rate is up 1.82% based on Monday’s trading activity, reaching $292.48. At the same time, ETH is down 2.65% against Bitcoin..
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Daily Ethereum Price Forecast – ETH Prices Up for the Week
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
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.
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Bitcoin Price Forecast – Lingering Effects of China
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..
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Daily Ripple Price Forecast: Low Volumes Haunt XRP