Category Archives: News
Daily Bitcoin News Update
Bitcoin prices drop on Friday, as yesterday’s market rally corrects. The BTC to USD rate has retraced to $9,895.91 at the time of writing, after crossing $10,000 yesterday.
Not much has changed in the past 24 hours. There has been no earth-shattering good news nor nerve-racking bad news. We are viewing the sideways swing as the customary price movement in this space.
In the meantime, however, we’re turning our focus to the longer term to predict which way Bitcoin prices will be journeying next. At least one.
The post Bitcoin Price Forecast: Tim Draper Predicts Bitcoin Will Be Worth More Than $100,000 appeared first on Profit Confidential.
What Is Ripple Coin?
“Ripple coin” is an unofficial reference to the native currency of “Ripple,” an open payments network that enables reliable cross-border currency transfers.
What Does “XRP” Stand For?
“XRP” is the official name of Ripple’s native currency. It is used on the “xRapid” software as a means of near-instant liquidity for cross-border payments. Three of the five biggest money transfer companies have launched pilot programs using XRP.
To read about why banks might eventually use XRP, go here.
How Much Is Ripple Worth?
The post Ripple FAQs: 17 Frequently Googled Questions About Ripple (XRP) Answered appeared first on Profit Confidential.
Stellar Price Forecast Bullish As XLM Price Spikes
As you can tell, our headline is somewhat rhetorical. The Stellar Lumens price, in fact, already went ballistic this morning. At the time of writing, Stellar Lumens is trading for about $0.45 apiece after the XLM price jumped more than 13% overnight. We’ve been bullish on this crypto since early January, predicting it to be the next cryptocurrency to explode. The upsurge has only reinforced our.
The post Here’s Why Stellar XLM Could Be the Next Cryptocurrency to Explode appeared first on Profit Confidential.
Ethereum Classic News Update: What’s Possibly Driving the ETC Price Today
Scroll down the top 20 cryptocurrencies this morning and you’ll see that nearly all are drenched in blood. There’s only one that’s standing out: Ethereum Classic. The ETC price has spiked nearly 18% in the past 24 hours.
What’s more eye-popping is that the ETC to BTC exchange rate is up about 19.54%. Simply put, Ethereum Classic has strengthened in price against Bitcoin. So what’s causing this upsurge in the price? We have managed to put our finger on at least two possible factors driving the ETC price today.
For starters, the upswing may have to do with the upcoming Ethereum Classic.
The post Why Ethereum Classic Prices Soared Over 18% While Crypto Markets Retraced appeared first on Profit Confidential.
Ethereum News Update
Something has changed in cryptocurrency markets.
In less than a week, investors have gone from agonizing over pending regulations to not caring about big announcements.
For example, there was zero reaction to International Monetary Fund (IMF) Chairperson Christine Lagarde saying that regulatory action on cryptocurrencies is “inevitable.” (Source: “IMF chief: Cryptocurrency regulation is ‘inevitable’,” CNN, February 11, 2018.)
“We are actively engaging in anti-money laundering and countering the financing of terrorism. And.
The post Ethereum Price Forecast: ETH Price Surges Despite IMF “Inevitable” Comments appeared first on Profit Confidential.
Ripple Price Prediction 2018
In the world of cryptocurrencies, the big names often dominate the news, with Bitcoin and Ethereum sucking up most of the media airtime. Of course, that all depends on how deeply you look at the market. The layperson has probably only heard of Bitcoin, while casual observers will likely know Ethereum, and invested watchers will certainly know a whole lot more. But Ripple, the next cryptocurrency down from ETH by market cap, is now emerging on the scene with massive gains and causing excitement among investors. This makes the Ripple price prediction 2018 and investing in Ripple some of the hottest topics in the investment world.
When it comes to the.
The post Ripple Price Prediction 2018: Should You Invest Amid Bitcoin Volatility? appeared first on Profit Confidential.
E-coin Cryptocurrency: One Pump-and-Dump Crypto to Avoid
Cryptocurrency E-coin is making waves on social media after its price skyrocketed more than 4,000% in a day. I’m reading comments on Reddit and Twitter where potential investors are trying to figure out why the E-coin price soared and if this crypto is worth investing in.
The most recent E-coin news only makes a mention of its meteoric price surge but does not delve into the specifics of this coin. Barely a few identify it as what it actually is, a “pump-and-dump” initial coin offering (ICO).
We at Profit Confidential want to make sure our readers are not getting.
The post E-coin Cryptocurrency: Why ECN Prices Soared 4,000% in One Day appeared first on Profit Confidential.
Why the NEO Cryptocurrency’s Price Has Skyrocketed
Prices of top cryptocurrencies are rebounding, and investors are rejoicing. There’s green flashing everywhere. The cryptocurrency markets have finally broken the bad spell and are now in recovery mode. The great crypto market crash of 2018 is officially over.
As I scroll down the list of top 10 cryptocurrencies, there’s one name that catches my eyes. This cryptocurrency saw its price skyrocket more than 50% during the market recovery.
I’m referring to NEO, which has turned out to be.
The post Why the NEO Cryptocurrency Price Jumped More Than 50% appeared first on Profit Confidential.
Ethereum News Update
It is no surprise that Ethereum prices fell 5.5% on Tuesday morning, given that U.S. senators will place cryptocurrencies under the microscope today.
More specifically, the U.S. Senate Committee on Banking, Housing, and Urban Affairs will hear testimony from two of the most important regulators on the planet: Jay Clayton of the U.S. Securities and Exchange Commission (SEC) and J. Christopher Giancarlo from the Commodity Futures Trading Commission (CFTC).
Together, Clayton and Giancarlo oversee cryptocurrencies within the U.S.
Both have launched lawsuits against shady crypto organizations, while also stressing the need for continued innovation. It is.
The post Ethereum Price Forecast: Crypto Hits 3-Month Low as Senate Hearings Begin appeared first on Profit Confidential.
Daily Litecoin News Update
Fasten your seatbelts, HODLers! The “chikun” may soon be taking another flight. The game-changing “LitePay” launch is just around the corner.
While we don’t yet have an official release date, word on the street is that the Litecoin processing service will be launching no later than this week.
For investors who haven’t been following this space, we informed our readers about the impending launch last month. (You can follow our daily Litecoin.
The post Litecoin Price Prediction: Game-Changing LitePay Launching This Week? appeared first on Profit Confidential.