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ProfitConfidential.com
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 →
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 →