Critical Announcement: Tether Got Hacked
On November 19, 2017, unknown hackers stole $30.95 million of crypto funds from the “Tether Treasury” wallet. Given the number of digital thefts in and out of the cryptocurrency space, it shouldn’t come as a surprise that Tether got hacked.
However, there are questions that need answering. Chief among them is: How should investors protect their cryptocurrency? This report will try to answer that question.
It should act as a best-practices guide for storing cryptocurrency, though it will also contain an analysis of Bitcoin and Ethereum prices. This report will attempt to.
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How to Keep Your Cryptocurrency Safe Following Tether Treasury Wallet Hack
Ripple News Update
Yesterday, a Reddit user named “kidfromkansas” posted instructions for other XRP fans to petition Coinbase. They want the currency listed beside Bitcoin, Ethereum, and Litecoin. (Source: “(How To): Request XRP be added to Coinbase,” Reddit, November 20, 2017.)
Overnight, the post became extremely popular, with many of the readers saying that they filled out a complaint form. This is the kind of Ripple news.
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Ripple Price Forecast: Adding XRP to Coinbase Could Boost Volumes
Ripple News Update
According to a report from the World Economic Forum, the biggest banks on the planet are getting into cryptocurrencies. (Source: “Banks are finally starting to adopt cryptocurrencies,” World Economic Forum, September 22, 2017.)
Many of them are crafting their own bits of blockchain technology, but it’s good Ripple news, regardless.
After all, Ripple’s job is to connect all the various blockchains. It is the interstate highway of cryptocurrencies,.
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Ripple Price Prediction: World Economic Forum Report a Bullish Sign for XRP
Ethereum News Update
In the last 24 hours, Ethereum processed more transactions than all of the other cryptocurrencies put together. It accounted for 51.6%.
By contrast, Bitcoin only made up 32.4% of the total. The remaining 16% was split between smaller altcoins, such as Bitcoin Cash, Bitcoin Gold, Dash, Litecoin, and Monero.
Better still, ETH transaction values were only 4.3% of the total, which means that each transaction was quite small.
This shows us that prices are not moving at the behest of some “whale” (a cryptocurrency investor that can move the price singlehandedly) but by hundreds of retail investors that are bullish on Ethereum. This matters a great.
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Ethereum Price Forecast: ETH Processes More Transactions Than All Cryptos
Should I Consider Investing in Ripple?
Whether you like cryptocurrencies or not, there is one fact that cannot be disputed: Cryptocurrencies have been an incredible investment and fortunes have been made in this sector. Chasing performance is never a good strategy, but Bitcoin, the heavyweight in this sector, continues its ascent towards higher prices, and there is little to suggest that this trajectory towards higher prices cannot continue to fuel an advance in all cryptocurrencies. This raises the question: Should I consider investing in this sector? If so, is Ripple (XRP) a good investment?
How Is XRP Different from Bitcoin and Ethereum?
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Is Ripple (XRP) Worth Considering as a Good Long-Term Investment?
Litecoin News Update
Oddly, today’s leading Litecoin news comes from outside the cryptocurrency space. It concerns the ongoing threat against net neutrality, which, if you haven’t been paying attention, is the cornerstone of the Internet.
If you are unfamiliar with net neutrality, try to imagine that your Internet provider could charge you more for going to Web Site A than for Web Site B. Or that they could charge Web Site B a premium in order to level the playing field. It sounds unfair, right?
Net neutrality is a law that keeps us from slipping into that hellish future. And yet, the current Chairman of the FCC, Ajit Pai, is trying to dismantle all the net neutrality.
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Litecoin Price Forecast: Cryptos Could Suffer if FCC Kills Net Neutrality
Ripple News Update
Last week, Ripple prices got a huge lift when the company announced a partnership with American Express Company (NYSE:AXP). XRP rose 24% in an hour, at one point.
Investors were simply stunned that Ripple corralled such a titan of finance. Now the company followed up its triumph with a repeat performance, adding an international payments channel between Standard Chartered Bank and Axis Bank India.
This real-time settlement network is identical to the one that Ripple set up between AMEX and Santander UK operations. It will reduce costs and hasten transactions.
In other Ripple news, the.
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Ripple Price Forecast: Ripple Creates a Payments Corridor for Standard Chartered
Factom Price Prediction 2018
The insatiable appetite for cryptocurrencies is quite intriguing. Given the vast quantity of cryptocurrencies in circulation, how can anyone keep up, let alone figure out what each one is worth? So when I was approached with the task of providing a Factom price prediction for 2018, I was hesitant at first, but definitely up for the challenge. How hard could it be to come up with an FCT forecast?
For starters, there is no fundamental data, tangible asset, or even a government backing up this cryptocurrency, so how does anyone.
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Factom Price Prediction 2018: FCT Coin Price Has Huge Potential
Ethereum News Update
During a recent conference, Coinbase CEO Brian Armstrong made some extremely bullish comments on Ethereum. Better still, he framed ETH as more promising than Bitcoin.
This isn’t surprising Ethereum news for those who’ve been following the cryptocurrency for years.
Armstrong has said, at various times, that his personal portfolio includes more Ethereum than Bitcoin, and that Bitcoin “was my first love, but it did break my heart.” (Source: “E779: Brian Armstrong Coinbase &Tim Draper,” This Week in Startups, November 17, 2017.)
Now he’s on the record.
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Ethereum Price Forecast – Coinbase CEO Says ETH Is “Much Better” Than Bitcoin
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.
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Daily Ethereum Price Forecast – ETH Rises 4% on Byzantium Rollout
Turbulence in the cryptocurrency market outshone any relevant Litecoin news on Wednesday morning, driving the LTC price down 8.3%.
Considering that $13.0 billion drained out of the entire market, it’s unlikely that investors were targeting Litecoin specifically. The Big Three also dropped by huge margins.
Bitcoin fell by 9.16%, Ethereum by 9.87%, and Ripple by 13.66%.
These kinds of widespread gains happen often and quickly in the crypto market. Barely a month can pass without investors getting cold feet. However, it’s important to remember that the.
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Litecoin Price Forecast – LTC Drops Overnight But Remains Up 11% from Last Week
“Should I invest in Bitcoin?” is a question I hear quite often.
The first thing I tell investors is to look at other cryptocurrencies: Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Monero (XMR), the list goes on and on. There are literally hundreds of alternatives to Bitcoin (BTC).
And, blasphemous though this may sound to those who pray at the altar of Bitcoin, some of these currencies are better than Bitcoin. They took what worked, tweaked what didn’t, and emerged with potentially.
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NEM Price Prediction 2018: Should You Invest Amid Crypto Volatility?
The worst thing about fear is that it starts a vicious cycle. Panic only begets more panic. And if you’re looking for proof of this phenomenon, look no further than today’s Ripple news.
XRP prices dropped 11.29% in yesterday’s trading, extending the sell-off that began on Monday.
Fear is likely behind the recent fall; fear of being the last one to exit a sinking ship.
But that fear is not grounded on anything factual. There was no material change to our Ripple price forecast this week, except for a few pieces of bullish news from SWELL.
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Daily Ripple Price Forecast – XRP in Freefall as $13 Billion Leaves Crypto Market
Without much Litecoin news to pull it in either direction, “animal spirits” took LTC prices on a rollercoaster ride. There was a sharp dip on Tuesday morning, which seemed natural following the steep climb on Monday and Friday.
What happens now?
Well, the movement of Litecoin certainly depends on its more illustrious counterpart: Bitcoin. The relationship between the two currencies is like that of silver and gold, respectively.
Litecoin is busy trying to develop all these commercial uses, while Bitcoin is making the big ideological pitch to investors.
We wrote last week that LTC was due for a rise because it had stagnated during Bitcoin’s month-long ascent from.
The post Litecoin Price Forecast: LTC Remains Above $60 Despite Paring Gains appeared first on Profit Confidential.
Litecoin Price Forecast: LTC Remains Above $60 Despite Paring Gains
Have you ever hiked for so long that you needed a break? The current lull in ETH prices appears to be nothing more than that. Investors simply needed a breather before continuing the upward trek toward our $400.00 Ethereum price forecast.
It’s not as if ETH prices were rocked by disastrous Ethereum news. On the forums and in the trade publications, the leading story is still the Byzantium upgrade that took place yesterday.
For anyone unfamiliar with Byzantium, it’s simply a package of improvements to the core Ethereum technology. By implementing these changes,.
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Ethereum Price Forecast – ETH Takes a Breather, Still on Route to $400
Considering the Ripple news that broke on Monday, it was surprising to see XRP prices drop overnight. There were at least two important revelations from the first day of SWELL, Ripple’s inaugural conference in Toronto. Investors must be ignoring those factors.
For instance, former Chairman of the Federal Reserve Ben Bernanke came out as a closet-Ripple fan.
We knew he was speaking at the conference, but it was unclear how supportive he would be of cryptocurrencies. This could have been nothing more than a paycheck for him. However, it turns out that Bernanke.
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Ripple Price Forecast – XRP Poised for Gains After Ben Bernanke’s Comments
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.
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Ripple Price Forecast: XRP Surges 9% on Reverse-Rotation from Bitcoin to Altcoin
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.
Litecoin Price Forecast: LTC Soars 23% in 1 Week as Bitcoin Price Slows
Volatility in the cryptocurrency market is unlike volatility in stocks. No matter how many times I tell that to investors, they still react with shock when prices fall as much as they did today.
Were there a lot of flashing red numbers on trading screens? Absolutely. Does it warrant the amount of panic that we saw? Absolutely not.
Ethereum’s core technology is still up and running. The Byzantium upgrades taking place during the week appear to be sufficient, if not ideal. Plus, we recently learned that a major Russian bank is joining the Ethereum Enterprise.
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Ethereum Price Forecast: ETH Price Falls Below $300.00 on Industry-Wide Slump
As the only one of the top five cryptocurrencies to have appreciated in the last 24 hours, you could say that Bitcoin is the cool kid at the party (again). It is fast approaching our Bitcoin price forecast.
Many of them are rotating funds from altcoins to Bitcoin. This could either be an attempt to capitalize on soaring BTC prices or else voice support for Bitcoin Classic ahead of the hard fork. Or perhaps it’s both—they aren’t mutually exclusive, after all.
For those who may not be familiar with the Bitcoin hard fork, it is an attempt by renegade Bitcoin developers to protest upgrades to the blockchain. There was a similar attempt at the start of August, which some of you.
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Daily Bitcoin Price Forecast: BTC Is One Trading Session Away from $5,000