Monero

Monero price is constantly declining from its peak of $300 from last November onward and is about to reach its support line of $176. The XMR coin began to rise during December but formed a lower peak at $255 compared to the previous peak of $300. From the last December to January period, XMR gave a return of 45% to its investors, while from January 02 to the current date, it faced considerable correction.  If we look at the 4-hourly time-frame chart, the XMR coin has started to rise from… Source link

Valeria Blokhina Only the latest crypto news and updates in the U.Today news digest! Here are the top four stories over the past day presented to you by U.Today. Some SHIB starts going back into circulation Thanks to regular token burns, the initial SHIB circulating supply has been gradually decreasing. However, according to Twitter user @shibburn, the recently created Shiba Inu burn website shows that the supply is increasing again due to more coins flowing in. The reason behind this… Source link

Monero’s (CRYPTO: XMR) price has increased 5.77% over the past 24 hours to $212.71. Over the past week, XMR has experienced an uptick of over 5.0%, moving from $198.95 to its current price. As it stands right now, the coin’s all-time high is $542.33. The chart below compares the price movement and volatility for Monero over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the volatility for both the… Source link

What happened As of 3:30 p.m. ET, top cryptocurrencies Chainlink (CRYPTO:LINK), Polygon (CRYPTO:MATIC) and Monero (CRYPTO:XMR) found themselves in the crypto doghouse. These tokens have dropped 6%, 5.1%, and 7.6% over the past 24 hours, respectively. The top crypto projects each saw declines that were more than double the overall market, which dropped 2.3% over the past 24 hours, at 3:30 p.m. ET. Today, investors are pricing in amplified risk… Source link

More and more threat actors are demanding to be paid in Monero following ransomware attacks, according to infosec experts who work in the ransomware response process. Monero, also known as XMR, was originally released in 2014 as a privacy-focused cryptocurrency. While Bitcoin is a more public and traceable coin, Monero is known as an anonymity-enhanced cryptocurrency (AEC) or “privacy coin” that utilizes various technologies to obscure transactions and prevent users from being… Source link

Despite the fact that regulations have tightened and bureaucrats worldwide are scrutinizing cryptocurrency usage, a few privacy coins have jumped considerably higher in value over the last week. Monero jumped 13% during the last seven days, while the token secret increased 50%, and dusk spiked by 47% this past week. Monero, Secret, Dusk Network Values Spike This week a few privacy-centric crypto assets have seen double-digit percentage gains over the last seven days. According to… Source link

During the first month of 2022, both Bitcoin and Ethereum’s hashrates have climbed to all-time highs (ATHs). While Bitcoin’s hashpower surged to over 200 exahash per second (EH/s), Ethereum’s hashpower jumped to over 1 petahash per second (PH/s). A few mineable digital asset networks, however, saw their hashrates decline since their ATHs and the processing power behind these protocols hasn’t returned back to the highs captured long ago. While Some Hashrates Skyrocket,… Source link

Leading crypto intelligence firm Santiment is revealing some bullish on-chain metrics that are developing for Litecoin (LTC) behind the scenes. LTC is trading at $148 at time of writing, down 64% from its all-time high of $410 in a hard downtrend. Despite this, Santiment says crypto whales may have other plans for the early Bitcoin (BTC) competitor. According to the firm, “smart money” Litecoin whales are on a 15-week accumulation streak, something that hasn’t been seen… Source link

Cryptocurrency mining has become largely professionalized, especially after Bitcoin mining difficulty doubled from 2020 through 2022. However, while Bitcoin may be the largest and most known cryptocurrency, others have yet to gain planetary popularity. Monero (XMR) is one of them. It is similar to Bitcoin in many ways but diverges in key areas that make it special. More importantly, they make it worthy of mining. So, how do you mine Monero? What Is Monero (XMR)? Put simply, Monero… Source link

What happened This week has certainly been an interesting one in the crypto market. For privacy token Monero (CRYPTO:XMR), some of the headwinds facing cryptocurrencies in general have turned out to be a positive catalyst for this token. Since last Friday’s close, Monero has appreciated 13.8% as of 11:30 a.m. ET today. Most major cryptocurrencies are up over the past seven days. However, Monero’s increase has outpaced most of its large-cap peers due… Source link