Monero is the current gold standard for a private cryptocurrency. Unlike Bitcoin, it allows you to easily and seamlessly transact value online without any visible record in the Monero blockchain, so users often prefer Monero in transactions where they want to be anonymous. Here we show you how to install a Monero node, setting it up to broadcast over Tor and connecting it through a mobile wallet. Why Host Your Own Monero Node One issue with Monero is… Source link

What happened Several popular cryptocurrencies rose this morning, as investors wait for the release of the latest meeting minutes from the Federal Reserve. Since late afternoon yesterday, the price of the world’s second-largest cryptocurrency, Ethereum (ETH 3.46%), traded about 3.3% higher as of 11:11 a.m. ET today. The price of the meme token Dogecoin (DOGE 3.36%) traded about 2.8% higher, and shares of Cardano (ADA 6.73%) were up 6.5%. So what Investors are still trying to find direction… Source link

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

Ethereum rose to a three-week high on Jan. 4, as markets prepared for the release of the latest Federal Open Market Committee (FOMC) minutes. Wednesday’s report will likely show the U.S. Federal Reserve’s view on the economy, and further detail its reasoning behind a policy pivot. Bitcoin was also higher, rising to an eight-day high. Bitcoin Bitcoin (BTC) rose to an eight-day high on Wednesday, as cryptocurrency markets climbed ahead of the latest FOMC minutes release. Following a… Source link

The ether-bitcoin (ETH/BTC) ratio could rally toward a two-month high, according to Lewis Harland, a portfolio manager at Decentral Park Capital. That’s because the ratio has broken out of a multi-month triangle pattern, often called a wedge, indicating a bull victory in the prolonged tug-of-war with bears. “ETH/BTC has broken out of its multi-month wedge to the upside,” Harland told CoinDesk, adding that the breakout has opened the doors for a rally toward the early December high of 0.07636… Source link

Bitcoin, meanwhile, could continue to lag ether due to miner selling. “Miners are becoming more distressed, indicated by higher hashrate where the market may become concerned miners selling inventory to remain operational and competitive,” Harland noted. Source link

“We have worked hard to create an Ethereum protocol that is capable of being highly decentralized. But there are centralizing forces everywhere, and we need to be super attentive to them,” said Ben Edgington, the Lead Product Owner at Teku, a client (which is a software) of Ethereum, developed by Ethereum blockchain-focused company ConsenSys. “We can’t force people to run Ethereum in a decentralized way, but it will become worthless if they don’t.” Source link

The question of whether inflation has peaked is passe for risk assets, including cryptocurrencies. There has been a slowdown in the inflation rate in the U.S. and other parts of the world since the third quarter of 2022. In response, the Federal Reserve (Fed), the world’s most powerful central bank, has slowed liquidity tightening that pushed cryptocurrencies and stocks into a bear market last year. The question now is whether the turnaround is enough to lift risk assets. The answer is yes,… Source link

Bitcoin (BTC) continued to work on cracking the $17,000 mark on Jan. 4 as an “extremely tight” trading zone held firm. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $17,000 “possible” thanks to CPI print Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $16,906 on Bitstamp, up $300 from the previous day’s low. The largest cryptocurrency had benefited from a positive start to the year on Wall Street, this giving a broader boost to previously sideways… Source link

Bitcoin and Ether rose in Wednesday afternoon trading in Asia, along with all other top 10 non-stablecoin cryptocurrencies. Solana led gains with an 18% surge, followed by Cardano and BNB. See related article: U.S. banking regulators warn against cryptocurrency fraud, contagion risks Fast facts Bitcoin edged up 0.83% to US$16,817 in the 24 hours to 4 p.m. in Hong Kong, while Ether gained 2.78% to trade at US$1,251, according to data from CoinMarketCap. Solana, currently the 10th largest… Source link