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
Litecoin News Update
Yesterday, we wrote that Litecoin and Dash are competing for the same corner of the cryptocurrency market. No sooner than we published that Litecoin news update, Dash overtook LTC in terms of market cap.
As a result, Litecoin fell to No. 6 on the list of top cryptocurrencies.
Part of the reason is that Dash has features Litecoin does not. For example, users can invoke extra privacy conditions on Dash. This puts it slightly ahead of both Litecoin and Bitcoin.
Dash also has a remarkably active community that resolves disputes by voting for a solution..
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Litecoin Price Forecast: Dash Passes LTC to Claim Number 5 Spot
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?
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,.
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Litecoin Price Forecast: LTC Soars 23% in 1 Week as Bitcoin Price Slows
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
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.
The post Daily Ripple Price Forecast – XRP in Freefall as $13 Billion Leaves Crypto Market appeared first on Profit Confidential.
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.
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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
“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?
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
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
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.
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Bitcoin Price Forecast: BTC Soars 8% as “Hard Fork” Bulls Drown Out Russia Concerns
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.
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Ripple Price Forecast: 100 Customer Benchmark Sends XRP Up 3%
It seems like a lifetime ago when Ethereum founder Vitalik Buterin was in Moscow, wining and dining the Russian elite. He sat on stage next to President Vladimir Putin and forged relationships with government agencies. All seemed well.
That is, until yesterday.
On Tuesday, Putin warned against the growing influence of cryptocurrencies. He cited “opportunities to launder funds acquired through criminal activities, tax evasion, even terrorism financing, as well as the spread of fraud schemes” as his main concerns.
But there were even harsher words from his.
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Daily Ethereum Price Forecast – ETH Above $300 Despite Russia Concerns