The entire cryptocurrency market took a dive around 9:00 am (UTC), with Bitcoin leading the downward move. However, LTC prices managed to rebound faster and more sharply than most, adding critical support to the beleaguered currency and our Litecoin price forecast.
At the time of writing, the Litecoin to USD exchange rate is up 0.40% to $52.24. Meanwhile, the Litecoin to Bitcoin exchange rate increased 2.19% to 0.01234840 BTC..
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Daily Litecoin Price Forecast – Rebounding Fast, LTC Jumps 2.19% Against Bitcoin
Bitcoin is facing another mutiny in the coming weeks, but you wouldn’t be able to tell that from its price action. The Bitcoin price forecast appears cool, calm, and collected.
What do I mean by mutiny? Well, some of you are old enough to remember the Bitcoin news in June and July. Remember the minor civil war started by a small group of developers that wanted to upgrade Bitcoin’s source code?
You see, for all its hype as a global digital currency, Bitcoin is incredibly slow at sending money. It takes hours, sometimes days, to complete a transaction.
In order to increase efficiency, some developers offered a solution. But once their peers saw that it involved fundamental.
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Bitcoin Price Forecast: BTC Gains 5% in One Week Despite Upcoming Hard Fork
XRP prices are flirting with $0.24 after another strong trading session on Thursday, heading closer to our Ripple price prediction. This means that Ripple is up 23.87% for the week, including the 5.86% from yesterday.
Ultimately the strength of this week’s trading goes back to marketing. I tip my hat to CEO Brad Garlinghouse and his minions at Ripple because this was truly a PR coup.
Surely, everyone remembers that cryptocurrency prices were in freefall during the latter half of September. It was a bloodbath from which Ripple was not excused. The.
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Ripple Price Forecast: XRP Rises 24% on Increased Transparency
For what seems like the hundredth time in the last month, ETH prices crossed back above $300.00. The random flips between bullish and bearish behavior have stalled the Ethereum price prediction around this level.
It’s tempting to think that yesterday’s uptick came after investors earnestly appraised recent bits of Ethereum news, but that is a dream. All of the top 10 biggest cryptocurrencies were in the green, suggesting that it wasn’t currency-specific forces that pushed ETH above $300.00.
But that doesn’t mean there isn’t a silver lining here. A.
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Ethereum Price Forecast: ETH Up 3% as Crypto Market Cap Approaches $150B
Initial coin offerings (ICOs) are shining brightly at the moment, but that may not be helping the Ethereum price forecast. For one thing, ICO regulations are extremely murky and can change at the drop of a hat.
But more than that, ICOs are possibly blinding investors from other, more important Ethereum news.
For instance, ETH prices should have appreciated when core developers finalized the date of Ethereum’s hard fork, but there was zero impact. How is that possible?
The Byzantium hard fork is supposedly a major milestone for Ethereum. It will add privacy.
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Ethereum Price Forecast: ETH Hard Fork Scheduled for October 17
Two days ago, Ripple CEO Brad Garlinghouse held a Q&A on Quora (the popular Internet forum that syndicates the answers to major news outlets). Today, that Ripple news managed to send XRP prices up 9.99% while Bitcoin, Ethereum, and Litecoin all dropped.
So what exactly did he say?
Well, there was a lot of good stuff—he talked about what’s driving the long-term Ripple price prediction, for example—but his most relevant answer.
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Daily Ripple Price Forecast: Ripple CEO Hints Send XRP Up 10%
As ETH prices oscillated between $290.00 and $306.00 last week, investors seemed immune to some of the more subtle Ethereum news that emerged. If they had paid attention, it seems likely that ETH would have accelerated to our short-term Ethereum price forecast of $400.00.
For instance, a senior official from the Federal Reserve Bank of Boston said the Fed is working on an Ethereum proof-of-concept. No one batted an eye at this announcement, which seems peculiar, to say the least.
The official is Jim Cunha, Senior Vice-President of the Boston Fed. He was giving a speech at a fintech conference in Philadelphia on the subject of “Bitcoin, Blockchain and other Cryptocurrencies.”.
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Daily Ethereum Price Forecast – ETH Headed to $400?
Yesterday, I wrote that Ripple appeared to be stuck around the $0.20 handle and that something extraordinary could help it break free. Well, that event is almost here: SWELL.
SWELL is Ripple’s first annual conference, and though it probably won’t make the front page of The New York Times, it’s definitely front-page Ripple news. It is, for example, a much-debated topic on XRPchat.com, the main place to source Ripple trading.
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Ripple Price Forecast: XRP Rallies 2.5% on SWELL Conference Hopes
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
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
In the last week, XRP prices have crossed the $0.20 handle 12 different times. Half on the way up, half on the way down. Did Ripple news really fluctuate that much day to day? Of course not.
It doesn’t really matter where Ripple prices land on a daily basis. What truly matters is the direction it trends in and the spectrum of its potential. Right now, that spectrum appears to have tightened around $0.20.
But don’t be fooled into thinking that $0.20 is our Ripple price prediction.
This is a temporary lull in Ripple’s growth, most likely caused by a fear-driven.
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Ripple Price Forecast and Analysis: Is XRP Stuck at $0.20?
Remember the Ethereum flash crash in June? It was front-page Ethereum news when it happened. Prices dropped from $365.79 to $0.10 in an instant, then recovered to $300.00 once the technical difficulties were overcome.
Apparently, regulators at the Commodity Futures Trading Commission (CFTC) remember the crash quite clearly, because the agency is investigating what happened with margin trading accounts during the crash.
Does this affect the Ethereum price forecast? Probably not.
There’s a chance margin trading rules could change, in which case ETH prices might take a hit. But U.S..
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Daily Ethereum Price Forecast – ETH Gains 2.75% Against Bitcoin Despite CFTC Probe
Bitcoin’s share of the overall cryptocurrency market rose again on Monday, getting ever closer to the dangerous halfway mark.
Since the rise of BTC dominance generally rises at Litecoin’s expense (LTC market share fell from about 2.02% to roughly 1.91%), no other Litecoin news was needed to push LTC price forecast lower.
At the time of writing, the Litecoin to USD exchange rate fell around 3.83% to land near $52.14. The Litecoin to Bitcoin exchange rate, however, only depreciated 1.14%.
Trading volumes fell across the past week, from $220.36-million to.
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Litecoin Price Forecast: LTC Slumps as BTC Dominance Rises to 49.6%
Although BTC slipped 3.74% on Monday, there is more than enough Bitcoin news to reenergize the price.
For example, Goldman Sachs Group Inc (NYSE:GS) is “weighing a new trading operation dedicated to Bitcoin and other digital currencies,” according to an exclusive report in The Wall Street Journal. (Source: “Goldman Sachs Explores a New World: Trading Bitcoin,” The Wall Street Journal, October 2, 2017.)
That’s pretty big.
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Daily Bitcoin Price Forecast – BTC Rally Blunted by Minor 3.7% Correction
Bitcoin Price Forecast
Over the last week, there was a broad-based recovery in the cryptocurrency market as memories of a Chinese crackdown faded into the rearview. It was front-page Bitcoin news.
That said, let’s not pretend that the recovery is evenly spread—it isn’t.
There is a handy little metric called BTC dominance that shows us Bitcoin’s market share as a percentage of total cryptocurrency market share. In the last week, it rose steadily from 47.5% to 49.3%.
What does that mean?
It means that investors consolidated around Bitcoin..
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Daily Bitcoin Price Forecast: BTC Dominance Rises, Sending Prices Up 15%
October is here, and with it comes Ripple’s inaugural conference. The conference will take place at the same time and in the same city as the company’s archrival, SWIFT, will host its own annual event.
This may seem like an obscure piece of Ripple news, but I assure you it’s not. By our estimation, it will affect the Ripple price prediction for several weeks (at the very least).
For one thing, ex-Chairman Ben Bernanke is speaking at the conference. He was the head honcho at the Federal Reserve for a long, long time, and his tenure fell right in the middle of the 2008 financial crisis. He is the picture of credibility in financial circles.
Even though many.
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Daily Ripple Price Forecast: XRP Prices Up 12.9% Ahead of SWELL Conference
Clarity is the best form of Ethereum news we can hope for these days. Clarity on initial coin offerings (ICOs), cryptocurrency trading, and smart contracts. We need regulators to provide clear regulations on these issues or else the Ethereum price forecast is going nowhere.
However, there’s good news on that score.
China may have cracked down on cryptocurrencies, but Japan is taking a friendlier approach to Ethereum and Bitcoin. It outlined a clear licensing procedure for cryptocurrency exchanges. So far, 11 domestic exchanges are approved for trading.
Among them are QUOINE, Bit Bank Corporation, SBI Virtual Currencies,.
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Daily Ethereum Price Forecast: ICO Rules Will Unshackle ETH Prices
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
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?
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