- Privacy coins like Monero and ZCash witnessed a significant surge that was over a month high for both of them.
- The reason for this surge can be Biden’s anticipated executive order on cryptocurrencies or Sanctions against Russia.
- The Executive order would talk about crypto regulations, CBDCs, potential threats, etc.
The year 2022 was to witness regulations and taxations for the crypto industry, and it’s clear that these things make a significant impact on the prices of the asset…
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