Monero

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

TipRanks 3 “Strong Buy” Stocks From the Best Analysts on Wall Street At long last, the annus horribilus 2020 is coming to an end, and it’s time to get our portfolios in order for the new year ahead. There is good news about to encourage investors for 2021. In proof that government sometimes can move with speed and decision, FDA granted emergency authorization for both the Pfizer and Moderna COVID vaccines, and the shots are getting into the distribution networks. The election is settled,… Source link

The prominent darknet marketplace, White House Market, has dropped bitcoin payments and now accepts monero only. The darknet marketplace administrators detailed that there was an issue with a payment processor blocking Tor exit nodes, but the full transition to monero was always planned. A number of crypto proponents have reported on the darknet marketplace, White House dropping bitcoin (BTC) payments in order to… Source link

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Monero [XMR] may not be among the top 10 cryptocurrencies, but it has been moving in sync with the largest digital asset, Bitcoin. At the time of writing, the price of XMR has been appreciating and has not witnessed a dip. The trading price of the digital asset was $160.12 with a market cap of $2.849 billion. XMR Daily chart Source: XMRUSD The daily chart… Source link

Monero traded within a range, but the past few hours saw the price approach the $164 level of resistance once more. It has stayed above the mid-point of the range over the past week, which was a bullish development. Dash formed a scallop trading pattern that was not yet confirmed to be tradeable, while Augur attempted to rise past a level of resistance but was rejected. Monero [XMR] Source: XMR/USDT on TradingView In mid-December, XMR touched the $164 price point and dipped to $142 a few… Source link

Christmas seems to have come bearing gifts for Bitcoin. Adding cheer to the festival celebrations, the world’s largest cryptocurrency scaled beyond the $27,000 price level over the past few days. As a result, the broader altcoin market has also been surging on the charts. The question now is – Will altcoins be able to sustain their momentum after an inevitable correction hits Bitcoin? Binance Coin seemed to have answered this question by posting gains at a time when Bitcoin moved… Source link

Users of cryptocurrency, advocates for freedom, and believers in privacy can voice their concerns by contacting FinCEN Tweet this The proposed rules — available at public-inspection.federalregister.gov/2020-28437.pdf — are vague when concreteness is needed, as this is in an area that can easily go very wrong. Today’s Know Your Customer/Anti-Money Laundering (KYC/AML) regulations hurt innocent Americans that inadvertently cross them. “Many people don’t know that just depositing or… Source link

Monero rose to touch its two-year high and was strongly bullish on the charts. Ethereum Classic approached the $6-level with strength, but it could be set to see some sideways trading within the $6-$6.15 pocket of liquidity. Dogecoin also recovered strongly from the latest drop and was likely to see further upside. Monero [XMR] Source: XMR/USDT on TradingView XMR climbed to $170, a level it was previously trading at back in May 2018. While the trading volume has been around average over the… Source link

Thanks to Bitcoin’s overwhelming market dominance, the altcoin market’s high correlation stats with BTC shouldn’t be unexpected. Despite Bitcoin maintaining its bullish position on the charts, many of the market’s alts haven’t quite replicated that movement, with the likes of Monero, Dash, and Augur moving in the opposite direction instead. Monero [XMR] Source: XMR/USD on TradingView Monero, the market’s leading privacy coin, by and large, remained on a steady uptrend over the… Source link

Inspired by Bitcoin’s recent price surge, altcoins Monero and Algorand shot higher along with the broader market, while Stellar went against the trend and registered a decline in price. Stellar Lumens [XLM]  Source: XLM/USD, TradingView Unable to sustain the upward momentum set by Bitcoin’s price, Stellar has seen a volatile month of December. Last week saw the crypto asset scale to a 2-week high but has retracted over the past few days. At press time, Stellar was trading at $0.15,… Source link