Monero

Monero (XMR), the largest privacy-focused cryptocurrency by market capitalization, has posted a 20% price surge following the launch of the Atomic Swap implementation program last week. On Friday, the Monero Project officially announced a rollout of the Atomic Swap implementation developed by the cross-blockchain protocol COMIT, aiming to simplify trades between XMR and Bitcoin (BTC). Following the launch of Monero Atomic Swaps, XMR has seen a notable surge, with its price rising from around… Source link

, ETMarkets.com| 24 Aug 2021, 10:30 AM IST 1/8 Unworthy Candidates It might be time to remind the millennials that all that glitters is not gold. At least some cryptocurrencies — the new-age investment asset class — are on the verge of extinction. After all, not all tokens are created equal. Here are some cryptocurrencies that may be unworthy of a slot in your investment portfolio: iStock 2/8 1. Shiba Inu Holders of the meme tokens are not giggling anymore. Shiba Inu promised to deliver a whole… Source link

While bitcoin and a slew of other crypto assets have seen significant gains during the last month, a number of privacy-centric crypto assets have jumped in value as well. Monero has gained 19.4% over the last week, the token horizen jumped 6.8%, and zcash has spiked over 7% during the last seven days. Privacy-Centric Coins See Double-Digit Gains Over the Last Month Six of the most popular privacy coins are seeing… Source link

As of 10:30 a.m. EDT Monday, Monero (CRYPTO:XMR) coins were changing hands at $321.35 apiece — up 14.55% over the prior 24 hours on very heavy trading volume. The token’s rally was part of a broader cryptocurrency upswing, and also propelled by growing concerns about Bitcoin‘s (CRYPTO:BTC) non-fungibility problem. Monero is the largest privacy cryptocurrency in the world, with a market cap of $5.76 billion.   Image source: Getty Images. So what 

Monero price predictions for a break of the channel consolidation area were met over the weekend, thereby concluding the bullish flag. This has allowed Monero to rally to 3-month highs, as bullish momentum returned to the altcoin market. Today’s 7% move takes Monero ahead on a 5-day rally, further boosting the chances of Monero approaching the $350 mark. However, further bullish Monero price predictions could face sa stringent test as the rally has approached… Source link

Privacy-focused cryptocurrency Monero (XMR) today continues its price rally sparked by the launch of atomic swaps last week. At the time of writing, Monero was trading at around $328, up nearly 16% over the past 24 hours, according to crypto metrics platform CoinGecko. Notably, the price of Monero has been steadily growing since August 17 when Monero developers announced that atomic swaps between Bitcoin are now available on the mainnet. “XMR <-> BTC atomic swaps are live on mainnet!… Source link

Just like most other alts in the market, Monero too saw a decent rally over the past week. Apart from the broader market sustaining its uptrend, however, another critical factor had a role to play this time. The BTC-XMR atomic swap went live on Monero’s mainnet a few days back. Atomic swaps allow users to swap or exchange their cryptos without the involvement of third parties in a completely decentralized manner. Already the leading “privacy coin” in the crypto-space, Monero has now… Source link

Major cryptocurrencies demonstrated mixed trading so far, with Bitcoin reversing its losses by 0.2% as prices stood at $49K. Altcoins such as, Stellar and AAVE noted a minor decline on their respective charts by 2% and 1.8%, however, technicals pointed towards a price reversal. Monero, conversely, brought in a 3.4% gain as it broke above the $281.74 price ceiling.   Monero (XMR) XMR/USD, TradingView XMR moved up by 3.4% on its chart and was trading at $294.74. It toppled over its $281.74… Source link

Monero has become a bit more private than before. The 24-hour trading volume is at $246 million. XMR/BTC pair is trading at 0.00572687 BTC with a 0.7% decline. The daily technical chart of Monero price action displays an uptrend. According to the pivot levels, the primary support level is $212. On the other side, if it rushes up, the resistance level to follow is $362. Although the chart forms a pin bar candlestick pattern within the day, it is predicted that the price may remain… Source link

Monero (XMRUSD), the privacy coin, has been treading water since August 7, whilst many other coins have been heading higher. Yet, the stalemate between bulls and bears in Monero might be about to end in the next few days. The price is stuck in a so-called ascending triangle pattern. A horizontal resistance line crosses the June 15 and August 16 highs at 285 USD per coin. The XMRUSD spent about five days trying to trade above this level in June, and recently, the same… Source link