Good & Bad News For Cryptocurrencies, Ethereum (ETH), Bitcoin (BCT), Ripple (XRP)

What does the ethereum bug mean for your crypto? from CNBC.

The Good News Headlines For Cryptocurrencies

  • New, analyst Mr Carter Worth reveals bitcoin is likely to SURGE very soon
  • Nasdaq just announced that it is open become cryptocurrency exchange, CEO says: “Certainly Nasdaq would consider becoming a crypto exchange over time,” Nasdaq CEO Adena Friedman says.
  • Amazon AWS support for Ethereum 
  • LINE Messenger Creates LINE Financial for Blockchain & Cryptocurrency Use
  • John Pfeffer of Pfeffer Capital bold price target of $700,000 for BTC about 75 times the current Bitcoin price of nearly $9,500.
  • Ripple and Ether experienced a major blow by Gary Gensler, a former financial regulator for President Obama on regulatory status of Ether and Ripple.
  • Ethereum Classic May Receive Update for Reviving GPU Mining
  • ETH Casper FFG Hybrid PoW/PoS Consensus Model Published

& All The Bad Recent News Headlines For Cryptocurrencies

  • Ethereum dragging down cryptocurrency prices after finding a bug making it vulnerable to cyber attacks.
  • MyEtherWallet Hack, Hackers steal over $150,000 in cryptocurrency with DNS scam
  • Suspicious event hijacks Amazon traffic for 2 hours to steals cryptocurrency
  • Lowering ETH Mining Rewards in new perposal
  • China Is Tightening Its Grip On Cryptocurrency
  • “Bitcoin Is A Scam,” Claims Ousted CEO Of Paypal
  • MIT on Three Ways To Destroy Bitcoin
  • Police seize 600 PCs used to mine Bitcoin
  • Closing two exchange centers in Japan
  • Tax inclusion in US
  • Banning banks in India to work with exchange centers
  • Banning Cryptocurrencies and ICO ads in Tweeter, Google and Facebook
  • Forcing the exchange centers to apply  to be regulated in US, S Korea, Japan & …
  • The pornography in blockchains
Ethereum & Bitcoin prices

Ethereum & Bitcoin prices

Speaking on CNBC, Mr Carter Worth explained that bitcoin price has fluctuated but shows a long-term pattern of growth. He said: “When you have lower highs and higher lows you, it represents equilibrium and there’s a debate.

“Some love this thing and some think it is, of course, the greatest fraud of all time. But this is going to get resolved violently.”

There are now 17 million bitcoins in existence, only 4 million left to ‘mine’ and BTC, ETH, BCH and LTC  are almost following predictions by Lee and walletinvestor and other positive predictions on the happy second half of 2018 for cryptocurrencies.

“It’s an event that makes the market more aware of the scarcity of bitcoin. It will eventually turn into higher prices,” said Ansel Lindner, a bitcoin investor and host of the “Bitcoin & Markets” podcast.

For bitcoin due to rules behind the “mining” process, the remaining 4 million coins aren’t expected to be mined completely for another 122 years. Increasing prices for the cryptocoins in the past to weeks and especially ETH that seems to be leading the path to end of the year highs. Bitcoin cash also had a huge comeback in the past week hours. Increasing about 98% from its lowest in march 2018.

For price predictions of top coins of the market we have heard from different sources and high profile people that cryptos are going to skyrocket in 2019 and it starts to fire up in the last two month of 2018. In different predictions, Bitcoin has been predicted to go up to 20K, 30K in the Nov 2018 to 700K in 2019 and 2020.

In the past three weeks we have been seeing upside in cryptos market prices. Coins have are going up from 10% to some cases up to 80% increase. We seem to be already in the upside trends of price predictions for 2018 that were pointing at the june as the turning point for Cryptocurrencies to comeback up. Ethereum has got momentum over USD and over bitcoin, it made a records of $700 in the past 3 month just at the top of its 40% jump in last 2 weekss in mid April 2018. The reason for it other than the tax season ending maybe the huge sell off in march that made ETH perform in revers. The sell off  and the price drop that happened in March, many believe that almost pushed many of the short term investors to quit ETH by the trail of bad news to sell their cryptos and save USD.

The Future And Long Term Forecast for Ethereum Price Prediction:

The predictions specially for the Ethereum ( that is in many ways the most complex and advanced Cryptocurrency) have forcasted a price increase up to $1600 at the end of 2018. Ethereum Price prediction actually paint a very bright future till first Q of 2019 and up to about $1600. By today it has recovered 40% of its price drop in march.

The Future And Ethereum Price Prediction

The Future And Ethereum Price Prediction

https://walletinvestor.com/forecast/ethereum-prediction

 

Tags: News cryptocurrencies, bitcoin, ethereum, ether, bitcoin price, bitcoin market, bitcoin prediction, ethereum prediction, crypto future, bitcoin news, BTC, ETH,

Mohsen Daemi
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