Cryptocurrency

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) an official from the U.S. Securities and Exchange…

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 (SWIFT) is the king of international payments. It…

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, when a strange advertisement caught my eye. It…

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 favorite cryptocurrencies trended down over the last seven…

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 round in circles last week. I see these…

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. Many analysts, myself included, have raised questions about…

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 upside. Siacoin (SC), for example, rose more than…

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 out to be a whole different beast; a…

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 the story, you have to know the history.…

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 the biggest story in today’s Ripple news update.…

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, investors are left without a clear sense of…

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 is launching its own token on the XRP…

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 as the cryptocurrency market plunges but Litecoin, to…

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 past. For instance, Ethereum prices lost 40% in…

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 plunged as well, with the notable exceptions of…

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 doubt (FUD) spreading across the Bitcoin world will…

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 have already exited the market, while the rest…

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—said they were considering self-regulating before government officials can take a more aggressive approach. This development is incredibly important for Ripple. Earlier in the…

Daily Litecoin News Update On Tuesday 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 throughout the wee hours of the night, when…

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 from U.S. dollars. No more waiting for a…