Category Archives: News
Litecoin News Update
As if the rumors of a South Korean ban weren’t enough, cryptocurrencies face a double whammy after the Chinese government chimed in with the Korean authorities.
It’s somewhat ironic that cryptocurrencies, which threatened to weaken government control over our monetary affairs, are now at the mercy of the same governments.
I’ve finally mustered up some courage to say the following three dreaded words: cryptocurrencies are crashing! Yes, it’s happening and we have governments to blame.
Cryptocurrency zealots—those who subscribe to.
The post Litecoin Price Prediction: The Bright Side to the Cryptocurrency Crash appeared first on Profit Confidential.
Ethereum News Update
As the South Korean government backs away from a full-scale ban, investors should be thinking more and more about political risk. How do you protect your crypto investments against sudden shifts in the regulatory landscape?
One option is to avoid cryptos altogether. I know the potential returns are seductive, but if you can’t take the heat, maybe kitchens aren’t the best place for you.
On the other hand, you could ask: Which cryptos are likely to survive the regulatory purge?
I’ve used this thought experiment.
The post Ethereum Price Forecast: Tough Regulations Favor ETH Over Bitcoin appeared first on Profit Confidential.
Litecoin News of the Day
Don’t be fooled by the momentary calm in the cryptocurrency markets. We are in the eye of the storm, and it won’t be long until volatility returns.
LTC prices may have only moved less than 0.5% on Tuesday, but Litecoin is up 27.35% for the week. In other words, whatever stillness existed on Tuesday is unlikely to survive beyond a day or two.
Some piece of Litecoin news might emerge to kick-start the price, or else an old development might fill itself out more thoroughly. Take, for instance, Litecoin’s integration of the Lightning Network.
Although this thoroughly impressive development was made possible by Litecoin’s earlier integration.
The post Litecoin Price Forecast and Analysis – August 30, 2017 appeared first on Profit Confidential.