Monero

Bitcoin Dominance, at the time of writing, had dropped a little over the last 24 hours, with the same observed to be at 65.05%. As far as the market’s alts were concerned, while Monero exhibited a bearish divergence, NEM was trading under a strong level of resistance after recovering with strength over the past few days. Finally, VeChain broke out of a descending channel and it could see a minor pullback on the charts. Monero [XMR] Source: XMR/USDT on TradingView XMR rose past its level of… Source link

Bitcoin’s brief breach of $18,000 and its sustained consolidation above $17,000 has renewed the bullishness in the market, with many of the industry’s alts climbing on the charts on the back of BTC’s performance. The cases of Monero, Ontology, and DigiByte followed this template, with their price performances replicating the general optimism in the market. Monero [XMR] Source: XMR/USD on TradingView Monero, the industry’s leading privacy coin, was rescued from further sideways movement… Source link

Crypto Fear and Greed Index stood at 91 to denote extreme greed as Bitcoin, after a brief dip below $17,500, rose past $18,000 once more. Binance Coin broke out of a triangle pattern and showed signs of an uptrend. Monero was also strongly bullish, while Algorand traded within a range over the past two weeks. Binance Coin [BNB] Source: BNB/USDT on TradingView Binance Coin formed a descending triangle and broke out to the upside, but short-term volatility saw the price $28.83 to $27.5. The RSI… Source link

Credit: Shutterstock According to a new study from Copenhagen Business School, on the role of privacy and decentralization in the cryptocurrency community, developers are creating cryptocurrencies in such a way that regulatory oversight will not be possible, neither will any wait and see attempt to override them in the future. The research is published in the Journal of Information Technology. … Source link

The world’s premier privacy coin, Monero appeared to break out of a short-term downtrend and could be set to move toward its resistance around the $127-level, provided it can defend an important level of support at $115 if the bears gain some traction over the next few hours. Further down the crypto-ladder, Basic Attention Token could be poised to follow the gradual downtrend it has been on over the past couple of months while Crypto.com Coin continued to post losses on its charts. Monero… Source link

Bitcoin’s performance over the past few days has had a significant impact on the rest of the crypto-market. While the collective market cap surged, individual tokens on the charts prospered as well. However, this wasn’t the case universally as quite a few cryptocurrencies chose to move in the opposite direction. The cases of Monero, Ethereum Classic, and Decred highlighted such opposing behavior. Monero [XMR] Source: XMR/USD on TradingView Monero, the crypto-market’s premier privacy coin,… Source link

Loki, the ambitious Monero fork is a privacy network and provides a suite of tools to support anonymous browsing, transacting, and communicating online. Recently, Loki Network forayed into the hot DeFi space with Chainflip. After a lot of excitement around Chainflip, the last month has been unusually quiet for Loki. According to the official blog, the team was busy intensely planning the next big step for Loki. On 10 November 2020, the team finally announced that Loki is evolving into… Source link

The Monero (XMR) network has been targeted with a type of attack called the Sybil attack. Monero developer Riccardo Spagni announced that the attack did not succeed. Riccardo Spagni, the leading developer of Monero, announced that a Sybil attack was carried out against Monero. The attack, aimed at disrupting the functioning of the Monero network, did not succeed. The Sybil attack is a security threat that, according to Binance Academy’s definition, is the result of someone trying to… Source link

The privacy-focused cryptocurrency Monero (XMR) has recently suffered a Sybil attack. This development, shared with the industry by Monero developer Riccardo “Fluffy” Spagni, includes both interesting details and hints about the attack. Even if the Monero network or privacy is not damaged by this attack, even such an attack can be expressed as a great improvement. In order to understand the clues offered by this attack and Spagni’s statement, first of all,… Source link

Monero had been trading within a range over the past month, but it appeared to have initiated a recent downtrend on the charts. On the contrary, while Waves was on an uptrend that could be set to continue over the coming days, Compound‘s bulls were engaged in a skirmish to flip a level of resistance to support. Monero [XMR] Source: XMR/USDT on TradingView Monero was trading within a descending channel (yellow), at press time. It closed above the channel, at $124, a few trading sessions ago,… Source link