Category Archives: Digital Currency News
If you came to this article through a search of “Monero Price Prediction in 2018,” you came to the right place.
This report provides an overview of the Monero cryptocurrency, including how Monero (XMR) derives its value and distinguishes itself in a crowded market. Also, this report contains Monero to USD forecasts that range from conservative to, well, less conservative.
I should add that readers are expected to conduct their own research before choosing to buy Monero. Nothing written below should be taken as investment advice. It is purely market commentary,.
The post Monero Price Prediction 2018: Monero Looks to Extend 800% Gain in 2018 appeared first on Profit Confidential.
The cryptocurrency market is all set to leap into its biggest year. And one player is being closely watched by investors and industry experts alike. For cryptocurrency enthusiasts, ripple is one the most disruptive digital currency. It polarizes opinions and is either loved or despised with equal passion. It’s also highly misunderstood because even though it is a cryptocurrency, it is radically different from the current leader of the pack – bitcoin.
Even as you read this, Ripple has displaced Ethereum and now has the second largest market cap, after bitcoin..
Investors who missed out on the Bitcoin surge to $7,834.72 should pay close attention to today’s Ethereum news update. ETH is on the verge of getting its own derivatives market, which is precisely what sent Bitcoin flying to the moon last month.
I know that memories are short in the crypto space, but surely we all remember the dramatic run that Bitcoin experienced in recent weeks.
Remember, Bitcoin had just broken through the $5,000 level when CME Group Inc (NASDAQ:CME) announced that it would add a Bitcoin futures contract. Investors took one.
The post Ethereum Price Forecast – ETH to Get Futures Contract, Like Bitcoin appeared first on Profit Confidential.
Ripple News Update
On Thursday morning, Ripple prices experienced a spontaneous surge that sent XRP skyrocketing to $0.262250. This 24.41% increase in the Ripple to USD exchange rate happened in under an hour.
If you’re wondering what could have sparked such a rally, consider this: American Express Company (NYSE:AXP) just announced that it will use Ripple for settling FX transactions between the U.S. and U.K.
“We’ve already seen evidence that blockchain technology is playing a transformational role in the way.
The post Ripple Price Forecast – XRP Soars 24% on American Express Partnership appeared first on Profit Confidential.
What You Need to Know
While the world and its brother is going gaga over Bitcoin, a little-known challenger is making waves among banks and financial institutions. These institutions have the analytical knowledge to see beyond the hype surrounding Bitcoin, but they are not blind to the potential of digital currencies. In fact, they are particularly keen on this one cryptocurrency called Ripple (XRP). And for good reason: Ripple is the only digital asset specifically designed for banks.
The three most common questions that pop up while researching this cryptocurrency are:.
Until this morning, few people knew that Ripple would host a private summit of central bank officials at Carnegie Hall in New York City. It’s hard to believe Ripple news of that magnitude can fly beneath the radar, but that’s what happened.
If you believe that blockchain technology means the end of traditional banking (as many cryptocurrency fanatics do), then this news is meaningless.
Who cares if Ripple wins the trust of central banks? They’re toast anyways.
However, if you don’t believe the global financial system will melt away before.
The post Ripple Price Forecast: XRP Builds Strength at Secret Meeting of Central Bankers appeared first on Profit Confidential.
Ripple may trail just behind Bitcoin, Ethereum, and Bitcoin Cash in terms of market cap, but the world’s fourth-largest cryptocurrency is much less understood than the leading three.
That said, investors don’t need to understand Ripple in order to feel “FOMO”—otherwise known as the “fear of missing out”—on XRP gains. That part comes naturally as XRP begins to surge.
At those moments, investors are willing to shove elderly women and orphans aside to get on board. No one wants to hear another investor say, “I made $100,000 on XRP last month,” while.
The post Ripple Price Forecast: 3 Signs That XRP Is Poised to Rise on “FOMO” appeared first on Profit Confidential.
After $156.0 million’s worth of Ethereum (ETH) tokens were “accidentally” frozen last week, developers and technologists are racing to find out what happened. Urgency is in the air. Though, oddly enough, investors seem unfazed by what happened…
How else do you explain that ETH rose 4.48% overnight? Or that the Ethereum to USD is still strong at around $318.58?
It’s not like ETH investors are particularly forgiving—they have dragged.
The post Ethereum Price Forecast – ETH Shows Resiliency Despite $156-Million Parity Hack appeared first on Profit Confidential.
On Friday, capital outflows from cryptocurrencies put Litecoin prices under pressure, yet LTC refused to break below $60.00, or even $61.00, for that matter. This may change, of course, but it was heartening to see some resiliency in Litecoin.
That’s why investors shouldn’t worry too much about the Litecoin to USD exchange rate falling 2.12%. It isn’t good Litecoin news, but that doesn’t mean investors should break out the Kleenex. There’s a silver lining here—the Litecoin to Bitcoin rate appreciated 3.1%.
While this may not seem like much now, try to remember what the last two weeks have looked like. On one hand, BTC was experiencing a rocket ride to the moon, and on.
The post Litecoin Price Forecast – LTC Holds Above $60 as Crypto Market Shrinks appeared first on Profit Confidential.
Vertcoin Forecast: A Powerful Move Towards Higher Prices Is Brewing
The enthusiasm and interest in cryptocurrencies continues to grow, and it is reaching levels that are quite astonishing. For instance, there are currently over 1,000 currencies in circulation, and this number continues to grow exponentially. Finding a compelling cryptocurrency in this space can be quite a daunting task, but I think I may have stumbled upon an opportunity in the making with Vertcoin (VTC).
The reason why this cryptocurrency is compelling is that I.
The post VTC Prediction 2018: Forecasting an $8,000 Price Tag on Vertcoin appeared first on Profit Confidential.