Popular privacy coin Monero (XMR) has been on a rally since the start of 2022. The cryptocurrency appears to be moving on its own as the crypto market trends sideways. Related Reading | Monero And Zcash Take Off With 15% Gains, Here’s What May Have Spurred The Rally Recently, XMR bulls are displaying more strength. At the time of writing, XMR trades at $285 with a 6% profit in 24 hours, a 34% and 50% profit in the last two weeks and 30-days, respectively. XMR on an upward trend on the… Source link

MarcosMartinezSanchez/E+ via Getty Images Thesis Summary Ethereum (ETH-USD) is moving to PoS, which means ETH will now be staked to secure the network and rewards. Some are concerned that organizations and exchanges will hold too much power since they will centralize staking, but I disagree. Furthermore, through the creation of synthetic assets, like sETH (staked Ethereum), the blockchain will become much more secure, though this could lead to systemic risk. Fundamentals Getting Stronger,… Source link

Leading privacy coin Monero (XMR) has rallied 9.56% in the last 24 hours and 22.8% in the last week after developers confirmed on GitHub that a hard fork is due on July 16.  Monero currently trades for around $278 and has a market capitalization of more than $5 billion, according to data aggregator CoinMarketCap. This makes XMR the clear leader in privacy coins, with more than double the market capitalization of its nearest rival, Zcash.  Privacy coins vary in method and utility, but… Source link

Text size Demand for TerraUSD could impact Bitcoin. Dreamstime Stablecoins are supposed to be the… Source link

by Analytics Insight April 21, 2022 Ethereum and Bitgert are giving each other quite a tough competition in 2022 The comparison between Ethereum and Bitgert (BRISE) today may appear like a joke, but there are many valid reasons why Bitgert is the crypto project of today and the future. In fact, the Bitgert future is the brightest when you compare the two. Ethereum is the biggest cryptocurrency after Bitcoin, but it might be at its saturation level, where growth will be marginal. Since… Source link

As of today, Litecoin had a bullish outlook on its price action, and the $115 area was a strong zone of resistance that LTC could break past soon. Cosmos and Stellar Lumens, on the other hand, appeared to form a range. Litecoin (LTC) Source: LTC/USDT on TradingView Litecoin faces stiff resistance in the $115 area (red box). In the near term, it has strong support levels at $101 and $107. The ascending trendline support (white) meant that the price was forming something like an ascending… Source link

Text size Bitcoin was one of the few cryptos notching gains over the past 24 hours. Dreamstime … Source link

Bitcoin (BTC/USD) Analysis Bitcoin jumps more than $3,000, markets eye Fed Chairman’s speech for direction Key Highlights Bitcoin traded higher for the third consecutive day and jumped more than $3,000. Markets are eyeing the US Fed Chairman Powell’s speech for further direction. Technical Analysis Intraday trend – Neutral On the daily chart, the pair is trading below Tenken-Sen ($40,383), Kijun-sen ($43,390), and Ichimoku Kumo cloud ($40,087). BTC/USD hit an intraday high of $41,995 and is… Source link

Monero is reportedly the most favored currency used by ransomware actors. A recently released study by CipherTrace reports on the trends in ransomware in 2021. The study titled, “Current Trends in Ransomware” talks about the growing trend of ransomware in the crypto ecosystem. Monero: The new face of ransomware CipherTrace analysts have found a growing pattern in recent ransomware attacks. Most groups have been found to use privacy coins such as Monero (XMR). Groups tend to use these… Source link

The past few days have seen Litecoin prices continue to trade in a sideways market. In today’s trading session, Litecoin looks poised to extend a bearish trend that started yesterday. The crypto has lost a percentage point in today’s trading session and 1.6 per cent in the past 24 hours. The Litecoin bearish move comes in the week, seeing increased activity from whales trading the cryptocurrency. In a recent analysis, data showed that Litecoin transactions… Source link