By late 2016, Monero (XMR -2.43%) was the fifth-largest cryptocurrency in the world, with a market cap of $133 million, while Bitcoin, the largest crypto, was worth $14.4 billion. Today Bitcoin has soared over 5,000% to $763 billion, while Monero grew a little over 3,200% to $4.2 billion in the same time frame — falling to No. 33 on the crypto leaderboard. Despite posting decent growth over the last six years, Monero is no longer a leading cryptocurrency. Is… Source link

Ethereum has been on quite the journey, from splitting to creating its market presence within a few years. And now, they are looking at saving electricity and other concerns put forth by analysts with their latest validation protocol. The cryptocurrency supports several blockchain networks through its layers-2 services and validations.  With all these facts combined together, ETH could very well dethrone Bitcoin as the number 1 largest cryptocurrency network. Related Reading | TA: Ethereum… Source link

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists. The cryptocurrency markets are in turmoil, with numerous popular currencies losing value during the last week. On the other hand, several cryptocurrencies have resisted market sentiment and notched double-digit gains during the previous week. While Apecoin (APE) increased by 37% to $16.56, Monero (XMR) increased by over 20% to… Source link

The interest in cryptocurrencies continues to wane in 2022, as does Litecoin’s popularity. The trading volume of Litecoin was eight times lower in the first quarter of 2022 than it was in the first quarter of 2021.  For example, the trading volume from January to March 2022 was around $82 billion, 87% less than in Q1 2021. In the first quarter of  2021, the trading volume was  $674.9 billion. Litecoin (LTC) trading volume crashed by more than $590 billion in quarterly comparison.

InvestorsObserver analysis gives Monero an average risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range. InvestorsObserver is… Source link

The cryptocurrency market has experienced another rollercoaster week that saw Ether (ETH) price drop below $3,000 and Bitcoin (BTC) price hit a new multi-month low at $37,700. Equities markets also endured a sharp sell-off primarily due to investor fear over potential changes to the size of the Federal Reserve’s next rate hike. To date, Bitcoin price fell 41.72% down from its $69,000 all-time high and while the price might be in what some describe to be a bear market, a deeper dive into… Source link

Key Takeaways Sales of four-digit ENS domains have skyrocketed as collectors rush to own one of only 10,000 possible combinations. The current number mania has resulted in ENS domain sales hitting their highest levels on record. The floor price for four-digit ENS domains currently sits at around 0.5 ETH. Share this article Four-digit Ethereum Name Service domains have become hot property. The realization that there are only 10,000 four-digit combinations has driven prices into the… Source link

On the last day of the Bitcoin 2022 conference in Miami Beach, comedian Donnell Rawlings starts his routine by noting there are a lot of white people in the audience and then asks if we were involved in storming the Capitol on January 6th, 2021. He’s just warming up. “I’m at a Bitcoin convention, and I don’t even know what the fuck a Bitcoin is,” Rawlings says. “I don’t know nothing about crypto, but I know some of the bangingest parties I’ve been to is some crypto… Source link

Vladislav Sopov Monero (XMR) enthusiasts identified potential malicious activity and issued a warning to all privacy advocates Contents Here’s why increased transaction fees might be dangerous Monero (XMR) fees print multi-month highs while hashrate drops Monero (XMR), the most popular privacy-focused blockchain network, warns XMR holders about abnormal transaction fees and yet again recommends rolling out self-hosted nodes. Here’s why increased transaction fees might be… Source link

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