Monero

Monero leads privacy-oriented coins in year-on-year growth, up 249% in 2020. A symmetrical triangle pattern hints at a possible upswing to $200 following the ongoing consolidation. Monero, a $2.7 billion cryptocurrency performed incredibly well in 2020, leaving other privacy-oriented coins in the dust. According to Messari, a cryptocurrency analysis platform, XMR is up 249% year-on-year and is trading at $155. Decred emerged as the second best-performing privacy… Source link

Monero bulls are focused on reclaiming the lost ground as eyes shift to $200. Zcash massively leads recovery among privacy-focused coins while drawing closer to the yearly high. Dash has reversed from the support at $100; buyers have eyes on $140 and $160, respectively. Bitcoin’s plunge to $30,000 negatively impacted altcoins at the beginning of the week. However, privacy-oriented coins managed to reverse the trend quickly, leading to a recovery in the market. Dash is… Source link

Monero price is up by more than 7% as investors react to the ongoing tech censorship in the United States. The XMR price is trading at $169, which is higher than yesterday’s low of $142. Other privacy cryptocurrencies like Dash, Tezos, and ZCash have also bounced back.  The background: For starters, Monero is the biggest privacy-focused digital currency with a market cap of more than $3 billion, making it the 15th biggest digital currency in the world…. Source link

XMR/USD hit the highest levels in nine days at $165.66. The coin broke the rising channel to the upside on the 4H chart.  RSI recedes from the overbought territory but stays bullish. Monero (XMR/USD) witnessed a quick retracement from nine-day highs of $165.66, holding a major part of the intraday gains so far this Sunday. The digital asset saw a fresh spurt of buying after it recaptured the critical 100 and 200-simple moving averages (SMA) on the four-hour

Monero price is consolidating within an ascending parallel channel, hinting at a crash after a small bullish impulse. If validated, XMR could drop by more than 25% to revisit the $115 support level. Monero seems to be forming a massive bearish pattern that could see its price lose some of the gains made recently. Everything will depend on its ability to remain trading above the $135 support level. Monero price’s bearish outlook overshadows the recent… Source link

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Some of the market’s altcoins like Monero and Dash failed to recoup their losses after Bittrex’s delisting announcement last week. However, XMR and DASH weren’t the only ones as Ethereum Classic too projected a southbound move as the market bears sought control of the prices. Monero [XMR] Source: XMR/USD, TradingView Monero seemed to be reeling from Bittrex’s delisting announcement at press time, as the privacy coin was unable to recover from the losses incurred at the start of the… Source link

Blockchain & Cryptocurrency , Cryptocurrency Fraud , Fraud Management & Cybercrime … Source link

Blockchain & Cryptocurrency , Cryptocurrency Fraud , Fraud Management & Cybercrime … Source link

Many central banks around the world are now engaged in some type of CBDC exploration. Time and again, they have claimed that digital currencies could provide far better oversight into monetary movements. Governments that seek to combat money laundering and corruption have all come to the conclusion that CBDCs can help them trace illicit activities.  The popularity of CBDCs has a lot to do with Bitcoin’s recent performances, despite the fact that the two are as different as any assets can… Source link