Monero

If last week brought out investors’ desires in going green with their cryptocurrencies, this week is accompanying that desire with a need for privacy. The recent news from President Joe Biden’s administration over crypto is making investors turn toward secure, private crypto plays. Monero (CCC:XMR-USD) offers just that, and as such, investors want to see some Monero (XMR) price predictions. Source: Shutterstock Monero is one of the oldest blockchain plays on the market,… Source link

Monero price was not spared in the recent crypto sell-off. The privacy-focused coin dropped to $172 on Wednesday as the overall crypto-sell-off continued. The coin’s price has bounced back in line with that of other coins. It is trading at $295, which is about 72% above the lowest level on Wednesday. It has a market cap of more than $5.2 billion. The background: Cryptocurrencies are highly correlated currencies. When the biggest coins rise, the rest tends to… Source link

This year’s altcoin season is in full swing as more folks look for Monero price forecasts. Numerous coins at the bottom of the crypto list keep surprising with their all-time highs. Will Monero meet price predictions for 2021 and beyond? We’ll explain the basics of Monero for those who haven’t heard of this cryptocurrency. Then, we’ll compare its features with the biggest name in crypto, Bitcoin. More importantly, we’ll discuss whether your portfolio needs some XMR coins or not.

XMR is attempting to rebound from the sharp sell-off this week. The Monero price held a major support line and is starting to look good once again. The privacy token was enjoying a good start to May. The Monero price had set a new record of $519.20 on the 7th and looked likely to go higher still. However, the rumor that the colonial pipeline hackers may have demanded the ransom be paid in Monero dented sentiment. The price subsequently faded from the high. Elon… Source link

The cryptosphere is on fire! This week dozens of coins have hit all-time highs (ATHs). And with big industry players like Square and PayPal getting on board with cryptocurrencies, alongside interest and adoption by banks like JPMorgan Chase, Goldman Sachs, and Citigroup, crypto’s winning streak appears to be set to continue. There are a few reasons why this past year, specifically, there has been such an influx of cash into the crypto industry: The pandemic The recession The hype The investment… Source link

The Monero price rally continued this week as part of the overall cryptocurrencies rally. It is trading at $450, which is slightly below the all-time high of $515. XMR has a market cap of more than $8.2 billion and is the 25th biggest digital currency in the world. What happened: For starters, Monero is a digital currency that was started by Nicolas van Saberhagen in 2014. He was inspired by the success of Bitcoin. In fact, his goal was the same as that of Satoshi… Source link

On May 7, the privacy-centric crypto asset monero captured an all-time high at $515 per unit, as demand for confidential transactions has increased in recent times. Monero has gained more than 190% during the last three months, while a number of other privacy coins like zcash, verge, horizen, and grin have seen significant gains as well. Monero XMR Taps a New ATH Before Most Privacy Coins While cryptocurrencies have been growing wildly in value, the climate… Source link

Various cryptocurrencies have noted strong uptrends over the past few weeks. Whereas some currencies got more attention than others, Monero has kept on gaining value. A new all-time high XMR price remains within reach thanks to prominent ecosystem developments. Monero Blows Past $500 It is always interesting to see how individual cryptocurrencies perform. Not every project receives the attention it needs or deserves in this industry. Monero is a project few people seem to talk about, yet… Source link

Monero needed to defend $388 from bearish pressure and this would lead to a breakout above $440. Klaytn’s recovery was restricted below $2.6, while Chainlink was projected to break north from its pattern and head towards $49. Monero [XMR] Source: XMR/USD, TradingView Since the last week of March, Monero has seen exponential growth. A low of $204 seen during March 25 and a high of $438 a week ago represented gains of over 110%. For the last few sessions, the rally was kept at bay under the… Source link

The organization behind the Samourai Wallet will support the decentralized exchange Haveno, which allows you to exchange bitcoin (BTC) for monero (XMR). Samourai Wallet says it will sponsor Haveno, in response to the stance taken by the developers of Bisq, a popular non-custodial bitcoin exchange. regarding the alleged priority use they want to give to Liquid, from Blockstream, as the network base of operations. Samourai defends operating primarily on layer 1 of Bitcoin, according to… Source link