Tag Archives: crypto news
What Is Litecoin?
When people still ask me, “What is Litecoin?” I’m surprised because the growth of Litecoin applications has been so spectacular this year, one would assume it’s a household name by now.
Litecoin is a cryptocurrency—an Internet currency that enables a person to conduct an almost-instant and almost-free financial transaction with another person, anywhere in the world. In fact, with the Litecoin market cap at near $5.36 billion, it is one of the top 10 cryptocurrencies on the market. (Source: “.
How to Buy Litecoin (LTC) Currency?
In January of 2017, the price of Litecoin was just $3.75 and things were not looking good for the cryptocurrency once touted to be the rival to Bitcoin. A few months later, Litecoin upgraded to the Segregated Witness system (SegWit) to boost its speed and capacity. Since then, there has been no looking back; Litecoin has hit record highs, currently trading near $90.61 and rallying more than 5,200% since the start of the year. With the Litecoin market cap at around $4.89 billion, it’s not surprising.
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Five Finance-World Celebrities Who Got It All Wrong on Bitcoin
Cryptocurrency bulls are thumping their chests now as they hum in chorus. The Bitcoin price has, for the first time, broken past the $16,000 mark, and the excitement knows no bounds.
Who could have ever imagined that a cryptic digital currency founded by the mysterious “Satoshi Nakamoto” could one day become one of the biggest investment ideas? Well, we did!
We turned bullish on Bitcoin (BTC) when it was.
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Litecoin News Update
Litecoin prices may appear to be stagnating this week but a tailwind could soon push them higher. Today’s Litecoin news update bears good news for investors.
Litecoin founder Charlie Lee announced a major marketing initiative yesterday to spread awareness about the cryptocurrency.
Why is this a big deal? Because if Litecoin can pull this off as well as Dash has (or better), Litecoin could see a major influx of new users and investors on its platform.
Both Litecoin and Dash are essentially direct competitors of Bitcoin. But Litecoin has.
The post Litecoin Price Forecast: Founder’s Marketing Push Great News for Litecoin appeared first on Profit Confidential.
IOTA Price Forecast for 2018: IOTA Beats Ripple
A little-known cryptocurrency, IOTA, is suddenly the talk of the town. In just a few days, this digital currency jumped to the fourth spot on the list of most valuable cryptocurrencies in the world.
On its way up there, IOTA beat some of the prominent names in the game. Litecoin, Dash, and Monero were left behind as IOTA took a lead over them. Some tailwinds are working in its favor, which spell a bullish IOTA (MIOTA) price forecast for 2018.
IOTA and its token MIOTA had a grand slam victory on Tuesday.
The post IOTA (MIOTA) Price Forecast 2018: Price Hitting $10 Seems Imminent appeared first on Profit Confidential.
Why IOTA Prices Are About to Hit $3
A little-known cryptocurrency is making waves on major cryptocurrency exchanges. In just two days, this cryptocurrency jumped to the fifth spot on the leaderboard of the world’s most valuable cryptocurrencies.
The IOTA (MIOTA) cryptocurrency market capitalization has topped $7.8 billion, and is now closely trailing that of Ripple.
IOTA has also surpassed the market valuation of the more popular cryptocurrencies Litecoin, Dash, and Monero. Only Bitcoin, Bitcoin Cash, and Ethereum are the only other.
The post Why IOTA (MIOTA) Just Became World’s Fifth-Most Valuable Cryptocurrency appeared first on Profit Confidential.
Dash Price Prediction 2020: Where Is Dash Heading Next?
Dash has beaten Litecoin to become the sixth most valuable cryptocurrency in the world, after Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Ripple (XRP), and IOTA (MIOTA) in that order. That leaves us wondering if Dash is set to dethrone another cryptocurrency and move higher on the leaderboard. To find an answer to that, read on for what makes Dash to special, followed by my Dash price prediction 2020.
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What Is Litecoin Currency?
When Charlie Lee, an MIT graduate, came across Bitcoin in 2011, he recognized it as a financial disruptor. More than just Bitcoin, Lee was fascinated by the concept of cryptocurrency in general, and he predicted that what the Internet did for information, cryptocurrency would do for currency.
To get a better understanding of the technology behind cryptocurrency, Lee started mining Bitcoin and, once he got the hang of it, he created an alternative currency called Litecoin (LTC). It has become so successful that the queries “What.
Ripple (XRP) Is an Alternative to Bitcoin
The unprecedented surge of Bitcoin has garnered a huge influx of interest in the cryptocurrency market. In fact, according to Google search statistics, “How to Buy Bitcoin” has overtaken “How to Buy Gold.”
The problem is that the price of Bitcoin is so high, it’s prompting people to look at other cryptocurrencies that are still affordable.
Among these newer cryptocurrencies is one that’s being hailed as the cryptocurrency of the future: Ripple (XRP). This very web site.
The post How to Store Ripple: The Best XRP Wallets and Reviews for 2017 appeared first on Profit Confidential.
Ethereum News Analysis
The forgetfulness of markets never ceases to amaze me.
At the start of the week, cryptocurrencies were the dream asset class. Their endless upside and instant time horizons made it seem like anything was possible.
But now that crypto prices have stumbled, investors are afraid the entire project will collapse. ETH prices fell 3.47% against the U.S. dollar, bringing the Ethereum to USD exchange rate to near $433.19. Does this mean you should run for the hills?
Absolutely not. Everybody needs to calm down.
What was true yesterday should also be true today, given that nothing much has changed.
There was no crushing Ethereum news or regulatory.
The post Ethereum Price Forecast: ETH Price Still on Track for $1,500 appeared first on Profit Confidential.