The Monero price went parabolic on Wednesday morning as investors waited for a statement by Joe Biden on cryptocurrency regulations. It is trading at $202, which is the highest it has been since January 20th this year. It has risen by more than 53% from the lowest point this year. Privacy coins in demand There are three possible reasons why Monero price is rising. First, there are concerns that the new sanctions on Russia will lead to more cybercrime. Analysts expect that the Russian… Source link

Privacy coins Monero and Zcash are surging this morning, possibly prompted by news reports that Joe Biden will shortly sign an executive order regulating cryptocurrency. Reuters, Bloomberg News and the Washington Post were among those reporting that the US president this week would order a “sweeping review” on crypto, including the opportunities it presents for illicit transactions and the steps that the federal government should take to… Source link

Image source: Getty Images These cryptos all outperformed Ethereum last year and have earned a place on your watchlist. Key points Ethereum and Bitcoin dominate the crypto market, making up 60% of the total market cap. The Sandbox, Chromia, Livepeer, and Enjin all outperformed Ethereum in 2021. … Source link

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 compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

Most short-term bitcoin holders are at a loss, having a cost basis of around $46,400, according to data compiled by Glassnode. Long-term holders, however, have an estimated break-even point of about $39,200, which, if broken, could yield further downside toward $24,000. Source link

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 compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

Hello Pal International, Inc (OTC:HLLPF) was trading up over 5% on Tuesday, in tandem with Dogecoin (CRYPTO: DOGE) and Litecoin (CRYPTO: LTC), which were trading up about 2% and 3%, respectively, by early afternoon. The beaten down stock has suffered from a downturn in both the general markets and the crypto market, which have experienced a high amount of bearish volatility. Hello Pal is a social media app that focuses on social interaction, language learning and travel where… Source link

Over the past few years, the public interest in digital money has dramatically fluctuated. The investors are particularly interested in the game-changer cryptocurrency, which gives them a long-age benefit. The interest is Bitcoin, as the anonymous cryptocurrency has millionaires and digital wealth. Bitcoin might be the first currency, but hundreds of other Crypto coins give the fork the same consideration. While discussing the terms of Bitcoin, the other altcoin underlines… Source link

Hello Pal International, Inc (OTC:HLLPF) was trading up over 5% on Tuesday, in tandem with Dogecoin (CRYPTO: DOGE) and Litecoin (CRYPTO: LTC), which were trading up about 2% and 3%, respectively, by early afternoon. The beaten down stock has suffered from a downturn in both the general markets and the crypto market, which have experienced a high amount of bearish volatility. Hello Pal is a social media app that focuses on social interaction, language learning and travel where… Source link

salarko / Getty Images The cryptocurrency market has notoriously wide price swings, and as of Mar. 2022, many cryptocurrencies are down more than 50% from their recent all-time highs. While in some cases this may represent a buying opportunity, the unfortunate truth is that some of… Source link