Monero

Bitcoin (BTC) was gaining for a fourth straight day, approaching the $12,000 price threshold the cryptocurrency failed to hold in August when it last rallied past that level.  “The market has started to move again,” the Norwegian cryptocurrency-analysis firm Arcane Research wrote Tuesday in a report.  In traditional markets, U.S. stock futures pointed to a higher open as investors bet U.S. lawmakers could reach agreement on a new stimulus bill. Market moves Privacy coins like monero ( Source link

While regulators are trying to restrict privacy in crypto, their efforts may be futile, according to privacy-centric protocol Monero’s maintainer, Riccardo “Fluffypony” Spagni.  “The U.S. Internal Revenue Service (IRS) wants the same level of insight [into monero] as they have over digital dollars in bank accounts; however, cryptographers and researchers are always going to be one step ahead on privacy,” Spagni told CoinDesk.  Launched in April 2014, monero (XMR) is a private,… Source link

Source: Adobe/alswart Privacy-focused cryptocurrency monero (XMR) is the best performing coin among the top 15 tokens by market capitalization today after it launched its network update this past weekend. At pixel time (15:51 UTC), XMR, ranked 14th by market capitalization, trades at USD 127 and is up by almost 5% in day, trimming its weekly losses to less than 4%. At the same time, other major coins from the top 15 are up less than 3% in a day. XMR accelerated today after a somewhat… Source link

The Crypto Fear and Greed Index was noting a figure of 55, at the time of writing, the same reading as the previous day. Monero was retracing recent gains made, but it did show some signs of heading north. Further, while Ontology formed a bearish pattern on the charts, DigiByte looked to be resolutely heading south. Monero [XMR] Source: XMR/USD on TradingView XMR was trading at $122, at press time. As shown by the Fibonacci Retracement tool, this was close to the 38.2% retracement level of the… Source link

Privacy-focused crypto currency Monero (XMR) has completed an important update today. Transaction sizes have been reduced significantly, while transaction times have also been reduced. Privacy-focused cryptocurrency project Monero left behind an important update today. With this update, a number of major changes have been implemented in Monero. It can now be said that Monero has better scalability and performance. CLSAG signatures started to be used instead of MLSAG signatures previously… Source link

Cybersecurity researchers are warning of a recent spike in activity of a stealthy digital currency mining botnet. Known as Lemon Duck, it targets Windows users and spreads by sending rich text format (RTF) files via email. Lemon Duck has been around since December 2018. However, researchers at Cisco-owned Talos Intelligence Group have noticed a sharp rise in DNS requests connected with its command-and-control (C2) servers since the end of August. In a blog post, the researchers revealed… Source link

Europol’s latest report names Monero as one of the most used cryptocurrencies on the Darkweb Earlier this week, the privacy-focused currency logged the highest levels since September 2018 A deeper correction could push XMR towards $108, which should be seen as a buying opportunity Monero (XMR) price is trading nearly 5% lower this week after an impressive rally that resulted in a new 2-year high. The digital asset focused on privacy has also found itself in the Europol’s… Source link

Europol’s latest report names Monero as one of the most used cryptocurrencies on the Darkweb Earlier this week, the privacy-focused currency logged the highest levels since September 2018 A deeper correction could push XMR towards $108, which should be seen as a buying opportunity Monero (XMR) price is trading nearly 5% lower this week after an impressive rally that resulted in a new 2-year high. The digital asset focused on privacy has also found itself in the Europol’s… Source link

The recent price dip in Bitcoin post the drop in early October, seemed to be having a significant impact on the prices of altcoins, as the sellers took control of the trading charts. Barring a few, almost the entire crypto market was once again painted in red. Cardano was displaying strong selling sentiment, as it witnessed a bearish breakout below the trendline. Bears in the Monero and Zcash market too were starting to build downward momentum, as prices for both approached key support… Source link

Monero, the most important privacy coin in the crypto ecosystem, is having a great time, outperforming even Bitcoin in comparison. As of today, October 15th, 2020; XMR closed with a total market capitalization of $2.29 Bn. At a price of $129 per token, the crypto is showing a phenomenal performance, achieving a maket capitalization not seen since 2018, when the bearish sentiment took over the crypto-verse, draining the markets in general. Monero’s Marketcap. Image:… Source link