Friday, 19 April, 2019

Bitcoin and Ethereum Price Forecast - BTC Moves Lower as Regulatory Pressures Increase

Ripple coin Frank and Helena | Cultura | Getty Ripple coin
Russell Knight | 02 January, 2018, 18:07

News that Tokyo-based SBI Holdings and its subsidiary SBI Ripple Asia formed a consortium with other Japanese credit card companies to use the technology saw a 20% rise in its price.

Bitcoin started 2017 below $1,000 and didn't top $10,000 until December.

XRP connects banks and payment providers with swifter access, instant settlement (according to the Ripple payments settle in 4 seconds against Bitcoin's 1 hour plus and Etherium's 2 plus mins) and scalability at a fraction of the cost. Why hold a speculation tool if it's losing money? Ripple is one currency I mentioned in my previous article. Similarly, bitcoin prices rose in December 2017 in run up to the bitcoin's inclusion in the futures trading platforms that include CME Group and CBOE (Chicago Board options Exchange).

Mackenzie Dern Is Headed To The Big Show!
Most recently, she faced former strawweight title contender Kaline Medeiros in Invicta FC, winning by submission via armbar. Yoder has lost her first two matches in the UFC, first at the hands of Justine Kish, then Angela Hill.

Doug Jones Declared Winner as Judge Rejects Roy Moore Lawsuit
The Alabama result dealt a stinging blow to Trump, who had thrown his support behind Moore, a conservative Christian. In a reliably Republican state, Moore's campaign became rocked by multiple allegations of sexual misconduct.

Analysts See $2.38 EPS for General Dynamics Corporation (GD)
Following the completion of the transaction, the insider now owns 144,378 shares of the company's stock, valued at $29,074,841.64. LLC now owns 891 shares of the aerospace company's stock worth $177,000 after buying an additional 132 shares during the period.

At fifth place was Ethereum, till recently the world's second biggest cryptocurrency after Bitcoin, but that has been pushed to third by Ripple. "The total market capitalization of all cryptocurrencies has surged to astonishing $620bn", Aslam said. Ethereum, which now has a market cap of $ 72 million, delivered a 9162% return in 2017, according to Quartz based on data measured by CoinMarketcap. This is the lowest share of the market that bitcoin has had in its history.

The rise (and fall) of cryptocurrencies is truly fascinating and I'm sure in the future there will be many economic classes in schools, colleges and universities that analyse this period.

Ripple is priced around $2.3, litecoin can be bought for $231, while bitcoin is available for a whopping $13,100 on Tuesday. Whether the story ends with a dramatic crash of "worthless" currencies or begins a new era of globally-accepted currencies remains to be seen. A good tech stock like Altium Limited (ASX: ALU) is my preferred way of getting exciting growth.

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