Monero

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… Source link

Stocks and cryptocurrencies saw a notable bounce on March 9 even though war, rising inflation and historically high oil prices have investors uncertain about the future. Bitcoin (BTC) price surged to $42,600 in the early trading hours and several altcoins followed suit with double-digit gains. Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Monero… Source link

Privacy coins, Zcash (ZEC) and Monero (XMR), have been outperforming larger cryptocurrencies in the last 24 hours. The sudden surge on the price of these cryptocurrencies seems to be responding to recent developments around the Russia-Ukraine conflict, and the signed of an executive order from the U.S. Joe Biden administration. Related Reading | Monero (XMR) Price Slides As Canada Includes Crypto In Emergencies Act At the time of writing, Zcash (ZEC) records a 11.7% profit trading at $142,… Source link

What happened It’s been another volatility-filled day in the world of cryptocurrencies. With most tokens seeing positive price action today, there are pockets of the crypto market that are outperforming their peers. One such space crypto investors have their eye on today is privacy coins. As of 11 a.m. ET, Monero ( XMR -9.66% ), Zcash ( ZEC 3.35% ), and Secret ( SCRT ) rocketed 15.9%, 11.7%, and 16.2%, respectively, over the past 24 hours. Privacy coins have… Source link

Monero (XMR) in Demand Again: Price Spikes Steeply Monero (XMR) has been on a downtrend since August. But over the past 24-hours, the privacy coin showed strong signs of recovery. The price of Monero (XMR) jumped from $169.39 to $206.51 early on Wednesday morning, recording a steep spike of 22% in less than 6 hours. This is the highest point XMR has reached since the end of January, and now means that Monero is up by 52% since its lowest point of $135.33 this year, which happens to… Source link

Monero was an instant hit back in 2014 because of its emphasis on adding anonymity to the existing blockchain networks. Launched in 2014, XMR has evolved a lot with increased concerns about agencies tracking the transactions made in digital currencies. This key advantage of XMR being obscuring of both sender and receiver of this coin, which is the unique proposition Monero added to the currently developed blockchain networks. While Bitcoin in circulation carries its serial number, allowing… Source link

Top privacy coins like Monero and Zcash are surging in price today, with several of them posting overnight gains of 10 to 20%. The largest privacy coin Monero, which has a market capitalization of over $3.5 billion, shot up 18.8% in the last 24 hours and trades for around $195.43. Despite the rise, that’s still about 64% short of its former all-time high of $517, set back in May 2021, according to CoinMarketCap.  Zcash is up 17.6% today and trades for $131.87 at the time of writing. Like… Source link

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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