Monero (XMR) Hard Fork Day, Here’s How The Price May Move

The Monero (XMR) price has skyrocketed by over 7% in a day before the scheduled network hard fork on August 13. The privacy cryptocurrency protocol will undergo a network upgrade via a hard fork to improve transaction privacy, speed, security, wallet syncing, and reduce fee volatility. A continuous 65% upside rally since mid-June indicates a strong price momentum. A sustained crypto market recovery will likely push Monero’s price over $200. Monero Network Upgrade and Hard… Source link

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Ethereum ($ETH) Surges Over $2,000 for First Time in Over 10 Weeks As Merge Nears

On Saturday (August 13), the price of $ETH, the native token of Ethereum, went above the $2,000 level for the first time since June 1. According to data by TradingView, on crypto exchange Binance, the $ETH price hit $2,006.36 at 4:24 a.m. UTC on August 13. By 6:19 a.m. UTC, the $ETH price reached $2019.68, which is so far today’s intraday high. Source: TradingView Ethereum’s “Merge” hard fork, which is when the Ethereum network is making… Source link

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Are Monero and PrivaCrip a Solution To Issues Of Crypto Giants Like Solana?

Despite the growing popularity of cryptocurrencies and continuous innovation in the industry, there are several serious issues that plague the crypto world, including security, privacy, and processing speed. There are many hacks being reported frequently, which really lowers the trust in certain platforms and cryptocurrencies, especially for crypto newbies. However, with new crypto projects trying to establish in the sector, some of them are focusing on solving… Source link

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Tornado Cash Ethereum Token Down Over 50% After Sanctions

In the week following the sanctioning of the Tornado Cash website by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC), the price of the token underpinning the system is down 56%, starting the week at a high of $31.56 and ending the week at a low of $13.09, according to CoinMarketCap. Tornado Cash (TORN) is an ERC20 token and the native token of the Tornado Cash DAO, used to manage governance and voting. It’s currently the 691st largest cryptocurrency, with a market… Source link

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A $10 dollar token by 2023

Litecoin price shows bearish macro signals that investors should be aware of. LTC price has breached over-sold territories on the Weekly Relative Strength Index Invalidation of the bearish thesis is a re-concurrence of the $140 barrier. Litecoin price shows a potential macro-sell off underway. On-chain analysis additionally confounds the idea of a macro bearish environment. Litecoin price in a Grand-Super-Cycle decline Litecoin price shows concerning technicals… Source link

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Bitcoin Price Prediction: Is it time for the big short?

Bitcoin price meets a suppressive force near the $24,000 level. BTC price shows significant movement in daily transactions, hinting that large players are up to something behind the scenes. Invalidation of the uptrend is a daily closing candle below $23,149. Bitcoin price shows conerning signals  behind the scenes. Technichal and On-chain analysis is utilized to gage market behaviour. Bitcoin price is at a fork in the road Bitcoin price has shown an applaudable… Source link

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Justin Sun’s Plot to Divide Ethereum Off to Rocky Start

“Justin Sun wants to sow dissent, confusion and FUD in order for him to benefit financially,” one former ETH Foundation member said Low trade volumes and sinking prices have set Poloniex’s Ethereum fork tokens on a rocky path Figures around crypto have eye-rolled at recent interest in a proof-of-work (PoW) Ethereum hard fork ahead of the blockchain’s Merge to proof-of-stake (PoS). Not Justin Sun. The… Source link

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Larry Fink doubles back on Bitcoin- POLITICO

Editor’s note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is delivered to our subscribers each morning at 5:15 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro. Five years after calling Bitcoin an “index of money laundering,” BlackRock’s Larry Fink is getting laser eyes. BlackRock on Thursday announced it was launching… Source link

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