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ProfitConfidential.com
Cryptocurrency News Cryptocurrencies traded sideways since our last report on cryptos. However, I noticed something interesting when playing around with Yahoo! Finance’s cryptocurrency screener: There are profitable pockets in this market. Incidentally, Yahoo’s screener is far superior to the one… Continue Reading →
Cryptocurrency News & Market Summary Investors finally saw some light at the end of the tunnel last week, with cryptos soaring across the board. No one quite knows what kicked off the rally—as it could have been any of the… Continue Reading →
Cryptocurrency News This was a bloody week for cryptocurrencies. Everything was covered in red, from Ethereum (ETH) on down to the Basic Attention Token (BAT). Some investors claim it was inevitable. Others say that price manipulation is to blame. We… Continue Reading →
Another Crypto Hack Derails Recovery Since our last report, hackers broke into yet another cryptocurrency exchange. This time the target was Bithumb, a Korean exchange known for high-flying prices and ultra-active traders. While the hackers made off with approximately $31.5… Continue Reading →
Cryptocurrency News On the whole, cryptocurrency prices are down from our previous report on cryptos, with the market slipping on news of an exchange being hacked and a report about Bitcoin manipulation. However, there have been two bright spots: 1)… Continue Reading →
Ripple vs SWIFT: The War Begins While most criticisms of XRP do nothing to curb my bullish Ripple price forecast, there is one obstacle that nags at my conscience. Its name is SWIFT. The Society for Worldwide Interbank Financial Telecommunication… Continue Reading →
Trust Is Growing… Before we get to this week’s cryptocurrency news, analysis, and our cryptocurrency price forecast, I want to share an experience from this past week. I was at home watching the NBA playoffs, trying to ignore the commercials,… Continue Reading →
Crypto Rally Slows Down As I write this report, cryptocurrency prices are in the middle of a vicious tug of war between the bulls and the bears. And the bears are winning right now. Most, if not all, of our… Continue Reading →
XRP Prices Hang in the Balance Ripple bears like to claim that XRP “serves no purpose” in its technology, but recent success with the “xRapid” software says otherwise. That—plus the continual “Is XRP a security?” debate—drove Ripple prices round and… Continue Reading →
Bitcoin Prices Are Less Independent Than You Think Inside the world of cryptocurrencies, some truths go unquestioned: 1) centralization is terrible, 2) fixed money supplies are great, 3) cryptocurrencies are uncorrelated from stocks. The last “truth” is now in question…. Continue Reading →
Cryptocurrency Rally Holds Strong Rallies are important, but holding a rally is even more important. Thankfully, that’s what cryptocurrencies have done over the last two weeks. Our favorites either stuck close to their previous levels or they exploded to the… Continue Reading →
XRP Prices: Patience Is Warranted 2017 was a great year for investors, where the market environment was characterized by a constant barrage of new all-time highs, low volatility, and a number of high-flying sectors taking center stage. 2018 is turning… Continue Reading →
Litecoin News Update Remember when hackers broke into the Mt. Gox exchange? That security breach—which took place several years ago and resulted in the loss of billions in Bitcoin—continues to roil cryptocurrency markets to this day. In order to understand… Continue Reading →
Ripple News Update Although XRP prices are flashing red this morning, Ripple is actually net positive for the weekend. From its Friday lows to the time of this writing, the XRP to USD exchange rate advanced 5.55%. But that’s not… Continue Reading →
Ethereum News Update Investors tend to panic when international organizations talk about cryptocurrency regulation, but is that really the nightmare scenario? What we have at the moment seems worse. With each country or state striking its own path on crypto regulation,… Continue Reading →
Ripple News Update The myth of Ripple controlling the XRP Ledger has haunted XRP prices for years, but an upcoming initial coin offering (ICO) might shift those perceptions. What am I talking about? Well, a small Brazilian company called Allvor… Continue Reading →
Daily Litecoin News Update We’re inching closer and closer to seeing Charlie Lee’s prediction coming true this year. The probability of the “flappening” (Litecoin’s market value surpassing that of Bitcoin Cash’s) has touched its all-time high in the recent week… Continue Reading →
Ethereum News Update The first quarter of 2018 was historically bad for ETH prices, according to a recent CoinDesk report, but there’s a silver lining embedded in the data: namely, that ETH recovered from these types of slumps in the… Continue Reading →
Ripple News Update Hopes for an XRP recovery were dashed on Thursday morning as the third-largest cryptocurrency recorded its second consecutive day of losses. On a more positive note, Ripple was hardly alone. The top 25 cryptocurrencies by market cap… Continue Reading →
Daily Litecoin News Update Bitcoin (BTC) prices have now dipped to a new year-to-date low, with the market—as always—mirroring this drop. Litecoin prices are holding out against this drop. Yet, there is a growing concern that the fear, uncertainty, and… Continue Reading →