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ProfitConfidential.com
Ethereum News Update As Ethereum prices trended lower on Wednesday morning, my attention was drawn to a Bloomberg report claiming that cryptocurrency hedge funds are facing a “reckoning” in 2018. Are they really? The article says that nine hedge funds… Continue Reading →
Ripple News Update At a recent conference in South Korea, leaders of the country’s cryptocurrency exchanges—which account for more than 47% of XRP trading activity—say they are considering self-regulating before government officials can take a more aggressive approach. This development… Continue Reading →
Daily Litecoin News Update Last night, the Litecoin price spiked as much as 13% on Coinbase before giving up much of that gain. Something was driving investors to Litecoin, even though the broad market was correcting. Prices remained high through… Continue Reading →
Ripple News Update Last week, falling XRP prices drowned out what we consider a pretty important announcement: namely, that Uphold, Inc. added XRP functionality to its online platform. For the uninitiated, this means that U.S. investors can buy XRP straight… Continue Reading →
Daily Litecoin News Update “Abra” lets you store, transfer, and invest in Litecoin securely, is compatible with a major credit card company, and allows you to buy and sell 20 other cryptocurrencies and 50 other fiat currencies, all of it… Continue Reading →
Ethereum News Update Have we reached a bottom? That’s the question on most people’s minds today, as cryptocurrency markets flashed green for the second consecutive trading session. Personally, I’m not convinced. ETH prices face a long winding road to their… Continue Reading →
Ripple News Update In the last 24 hours, Ripple prices gained four percent while the cryptocurrency market cap added $15.2 billion, demonstrating that investors are feeling particularly generous this Easter Monday. However, the broad trends are still active. One day’s… Continue Reading →
Daily Litecoin News Update The ongoing cryptocurrency armageddon has killed a few and wounded plenty. Yet, one crypto is fighting off the bears with much resilience and strength. Litecoin has proven its worth, becoming the best-performing cryptocurrency, beating the four… Continue Reading →
Ethereum News Analysis Two seemingly contradictory things are happening in cryptocurrency markets: 1) Valuations are shrinking, and 2) Blockchain adoption is growing. These trends appear to be in conflict. What exactly is going on? Well, the first thing to remember… Continue Reading →
Ripple News Update Earlier this week, Ripple (the company) joined the Hyperledger Consortium—a Linux Foundation-backed collection of enterprise blockchain companies—in a bid to expand its appeal. It wasn’t alone, either. 13 other companies joined Hyperledger as well, swelling the consortium’s… Continue Reading →
Ethereum News Update As Ethereum prices shed another 10% on Thursday morning, it seems appropriate to ask big questions: Were Ethereum prices in a bubble? Is that why ETH prices are crashing? Or is there a different explanation? My initial… Continue Reading →
Litecoin News Update Cryptocurrencies are experiencing another bloodbath, but “Abra” founder Bill Barhydt thinks a reversal is just around the corner. Barhydt, who has created the first-of-its-kind crypto-cum-fiat investing application partly using Litecoin’s technology, is of the view that the… Continue Reading →
Ethereum News Update Ever since the dawn of cryptocurrencies, two things have been true: 1) Retail investors are excited about distributed ledgers/blockchain technology, and 2) Institutions are not. Now that paradigm is changing. You don’t have to go back very… Continue Reading →
Daily Bitcoin News Update After the success of Bitcoin futures, Cboe Global Markets Inc (NASDAQ:CBOE) is planning to launch Bitcoin exchange-traded funds (ETFs). If materialized, these Bitcoin ETFs will be another giant leap for Bitcoin as it forges its way into… Continue Reading →
Ripple News Update Every time Ripple prices fall into a slump, I am besieged with messages from terrified investors. The conversation is always the same: “When will XRP prices recover?,” they ask. “No idea,” I respond. Fundamental investing is tough… Continue Reading →
Ethereum News Update As Ethereum prices continue to fall—alongside the rest of the market, I might add—investors are concentrating their funds in Bitcoin, otherwise known as digital gold. Bitcoin has drawn these comparisons for much of its history, though the… Continue Reading →
Daily Litecoin News Update I confess, we got it wrong. We got it terribly wrong. “LitePay” turned out to be a damp squib, and a giant one at that. After the Litecoin Foundation and Charlie Lee made their confessions, it’s… Continue Reading →
Ripple News Update Although investors hope to see XRP flourish in the United States, there’s reason to believe Ripple’s main tailwind will blow from the East. Just look at today’s leading Ripple news. In the U.S., you have: The Internal… Continue Reading →
Ethereum News Update The intricate web of U.S. cryptocurrency regulations is choking off innovation, says a new report from the U.S. Government Accountability Office (GAO). The GAO report describes a fintech industry whose participants are stumbling around in the dark…. Continue Reading →
Daily Bitcoin News Update Canada is about to set a big precedent for the world. The country’s stock exchange will soon become the first in the world to begin offering cryptocurrency brokerage services to its clients. The holding company of… Continue Reading →