Monero

Monero gained upside momentum and managed to get back above the $200 level amid broader crypto market pullback. Monero Trades Well Below 2017 Highs After the Strong Pullback in 2021 Monero is one of the first privacy-focused cryptocurrencies. Back in 2017, when cryptocurrencies have made a major move into the mainstream news flow, Monero reached highs near $475. In 2021, Monero made an attempt to settle above 2017 highs and even tried to settle above the $500 level, but found itself under… Source link

Monero price has staged a strong recovery in the past few days. XMR is trading at $221, which is slightly above this week’s low of $180. This rally brings its total market capitalization to over $3.8 billion, making it the 45th biggest cryptocurrency in the world. XMR steady Monero is a popular cryptocurrency that differs from Bitcoin and Litecoin in that it was created with privacy in mind. Unlike Bitcoin whose transactions are found in a public ledger,… Source link

Monero (XMR) gets a very bullish rating from InvestorsObserver Thursday. The Digital Money asset is up 10.25% to $217.57 while the broader crypto market is down 1.94%. Monero has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Very Bullish Over the last five days, Monero has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score… Source link

What happened Today, a range of top cryptocurrencies are once again seeing buying pressure materialize. Meme token Dogecoin (CRYPTO:DOGE) surged 3% higher over the past 24 hours, as of 11 a.m. ET. Over the same time frame, security token Monero (CRYPTO:XMR) and Layer 2 blockchain network Harmony (CRYPTO:ONE) rose 7.6% and 7%, respectively. It should be noted that, earlier this morning, each of these tokens surged substantially higher. However, as… Source link

Cryptocurrency mining is incredibly expensive. It requires you to spend thousands in buying expensive GPUs (or ASICs), arranging them together, and spending more to buy power supplies and other computer components. However, not all cryptocurrencies require this much hashing power. At its core, mining is all about solving complex mathematical problems. For every complex equation solved, miners receive a small “fee” for their efforts. Mining is important as it helps verify transactions on… Source link

Key facts: The police have also seized ether, monero, dash and zcash. Authorities assure that there are obstacles in the laws related to cryptocurrencies. The UK police have seized around 9,000 bitcoins (BTC), equivalent, at the moment, to almost $ 400 million. These coins came from activities considered illegal in that country in the last 5 years. From 48 UK police forces, only 12 supplied the data, as reported by local media New Scientist. To access the… Source link

What happened In times of market turmoil, investors look for relative winners and losers. Today, three top tokens have underperformed the dismal showing of the overall crypto market, which has dropped 5.7% over the past 24 hours as of 2:15 p.m. ET. Over the same time frame, Uniswap (CRYPTO:UNI) traded 10.1% lower, Monero (CRYPTO:XMR) lost 7.5%, and Algorand (CRYPTO:ALGO) sank 7.2%. The outsized moves among these top alt coins have been driven,… Source link

Some Marvel fans who have torrented the new Spider-Man film have instead downloaded cryptocurrency mining malware that could cause huge damage to their machines. Though downloading copyrighted content can result in serious penalties in most of the world, people still do it for a variety of reasons—and cybercriminals are well aware of this fact. So what can this Monero miner do? How does it work? And if you’ve torrented Spider-Man: No Way Home, how can you tell if you’ve been a victim… Source link

News Home Wednesday, January 05, 2022 05:20 PM | InvestorsObserver Analysts InvestorsObserver gives Monero a strong long-term technical score of 76 from its… Source link

Blockchain gaming crypto Axie Infinity (AXS), privacy coin Monero (XMR) and four more altcoins are conditioned for rallies, according to data from analytics firm Santiment. Besides AXS and XMR, the firm highlights decentralized application (DApp) platform Quantum (QTUM), Web3-focused Ankr, Solana-based liquidity provider Raydium (RAY), and XRP competitor DigiByte (DGB). “There are usually at least a few crypto assets that are being excessively shorted by bearish traders at any… Source link