Monero

The market is rallying and so are many of the altcoins. Even though Monero is no longer among the major altcoins, it has been witnessing a similar rally as other altcoins. Over the past couple of days, XMR’s value has been surging and at the time of writing, the digital asset was being traded at $232.94. Monero six-hour chart  Source: XMRUSD on TradingView The above chart of Monero showed that the value of the cryptocurrency was surging higher almost every day over the past week. Monero… Source link

The Monero (XMR) price is currently in the process of moving above a long-term Fib resistance level at $200. Monero is expected to move above this level and gradually increase towards $305.   Monero Long-Term Resistance At the beginning of January 2021, XMR reached a high of $190 but was almost immediately rejected. Despite the drop, XMR began another upward movement and is currently trading at $200. This area is important since it’s the 0.382 Fib retracement… Source link

Monero rose north of the 200-SMA on the price charts and projected a bullish trend, but stronger cues were needed to support a move above its most recent local high. IOTA and DCR flashed bearish signals at the time of writing, with both expected to move lower towards their respective support levels in the short-term. Monero [XMR] Source: XMR/USD, TradingView A look at Monero’s 4-hour chart highlighted a bullish market since the start of the month as the candlesticks climbed above their… Source link

The Monero community has posted a proposal to add XMR as a payment option on the Tesla website. Shortly after Elon Musk’s Tesla Motors hinted that they may start accepting Bitcoin (BTC) payments its electric cars, the Monero community suggested that XMR could also be a good payment option. After posting a CCS proposal on Feb. 9, the Monero community has raised 890 XMR ($155,000) in a move to add Monero as a payment option for a new Tesla alongside Bitcoin.  As part of the proposal, the… Source link

XRP projected rangebound movement as the dust settled in its market following a period of high volatility. XMR moved within a horizontal channel and the breakout did not seem imminent over the next few sessions. IOTA could depend on a broader market rally to climb above its local high. XRP Source: XRP/USD, TradingView XRP continued its consolidation phase over the past few days as some cautiousness was observed in its market. The consolidation was preceded by a period of high activity for… Source link

With a market capitalization of $2.713 billion, Monero has been pushed to the 21st rank on the CoinMarketCap list. However, the privacy-centric token has been witnessing its price moving like a wave hitting $146 and $158 price levels in the short-term. At the time of writing, XMR was valued at $152.16 and was looking like a seller’s market. Monero one-hour chart Source: XMRUSD on TradingView As the value of Monero hit the support at $146, it moved higher. The price tried to build momentum… Source link

Monero scaled above its $155.5-resistance level, with its indicators pointing to more bullishness in the short-term. ALGO was on its path to recovery after the price dipped by over 5% since touching a local high. Finally, XVG failed to rise above the $0.017-resistance and the price could continue to move within its present channel over the next few sessions. Monero [XMR] Source: XMR/USD, TradingView At the start of the month, Monero signaled the onset of an uptrend after the price scaled… Source link

Thanks to the correlation it shares with Bitcoin and Ethereum, most of the altcoin market surged on the charts this week. Monero, Ethereum Classic, and VeChain were among the cryptos to hike, with the general performance of the market fueling more expectations of an altcoin rally. Monero [XMR] Source: XMR/USD on TradingView Monero, the market’s leading privacy coin, despite brief hikes on the charts, has underperformed when compared to the rest of the market’s altcoins. In fact, despite… Source link

Researchers detect new malware targeting Kubernetes clusters to mine Monero Cybersecurity researchers at Unit 42, the intelligence team at Paolo Alto Networks, have published a profile of a new malware campaign that targets Kubernetes clusters and can be used for the purposes of cryptojacking. “Cryptojacking” is an industry term for stealth crypto-mining attacks that work by installing malware that uses a computer’s processing power to… Source link

Researchers warn that the Hildegard malware is part of ‘one of the most complicated attacks targeting Kubernetes.’ Researchers have discovered never-before-seen malware, dubbed Hildegard, that is being used by the TeamTNT threat group to target Kubernetes clusters. While Hildegard, initially detected in January 2021, is initially being used to launch cryptojacking operations,… Source link