Monero

A strong outlier in the current market situation, Monero (XMR) moves against the broader downturn that plagues the market. According to CoinGecko, Monero gained nearly 13% since last week, putting the coin under the spotlight as one of the strongest gainers within the bear market.  Monero’s simplicity lends itself to its focus on privacy and reliability, providing great value for both investors and users of the platform. This led to Monero’s semi-autonomous price movement which might continue despite the market’s…

Monero, one of the world’s most valuable privacy-focused networks, is under immense selling pressure. XMR, its native currency, is down 11% from this week’s highs, extending losses from June 2024. Overall, XMR remains in a bullish formation, shaking off weakness from Q1 2024, when the coin fell due to compliance reasons. Several exchanges, including Binance, chose to delist Monero and other privacy coins, citing the need to adhere to laid-out laws, mainly in the United States. Boosting Privacy Features On…

The cryptocurrency market has always seen huge swings and unexpected price movements in every direction. Recently, Aptos (APT) and Monero (XMR) have faced challenges in their own ways in the wake of Bitcoin’s declines. Meanwhile, a new altcoin, Rollblock (RBLK), continues to shine as the new leader of GambleFi after raising $1 million in a mere few weeks! Aptos (APT) Enhances Transaction Efficiency Aptos (APT), launched in October 2022, is a Layer-1 blockchain designed for high transaction capacity and security.By…

The post Monero (XMR) Price To Reclaim $200 Soon Amid Bullish Breakout? appeared first on Coinpedia Fintech News Amid increased price volatility in the cryptocurrency market, the top tokens have displayed a significant uptrend in their respective portfolios over the past few days. Moreover, Monero (XMR) price has recorded a jump of approximately 17% over the past week. Positively, the Monero price has added 3.86% within the past day and 28.73% over the past 30 days. Despite the XMR crypto…

Monero is experiencing a significant uptick in discussions across social media following the announcement of LocalMonero’s closure, according to Santiment data. This surge in attention on Monero (XMR) coincides with ongoing government efforts to regulate privacy-focused assets. LocalMonero Shuts Down LocalMonero, a peer-to-peer (P2P) exchange based on Monero (XRP), announced its closure via a blog post, citing a mix of internal and external factors. After nearly seven years of operation, the platform is winding down its exchange operations, immediately ceasing…

Experts are optimistic about Injective (INJ), foreseeing its potential to surpass the $60 price level by mid-May. Monero (XMR) is battling a regulatory crisis, but analysts are optimistic the XMR coin will surge to $145 soon. According to experts, Rebel Satoshi’s ($RBLZ) is on its way to a massive price surge after its launch on exchanges. Top altcoins have seen a bullish trend since the beginning of 2024. Consequently, top DeFi projects like Injective, Monero, and Rebel Satoshi have been…

Just as the California Gold Rush ignited a frenzy of opportunity, Koala Coin (KLC) now sparks a new era of digital fortune seeking even among Injective Protocol (INJ) and Monero (XMR) holders. Currently in presale stage one at an enticing price of $0.014, the clock is ticking. Don’t let FOMO be your downfall. Embrace the Meme Magic with Koala Coin (KLC) Koala Coin (KLC) stands as a radiant lighthouse, guiding users to a haven where finance and fun merge delightfully.…

Layer-2 (L2) networks capitalize on Ethereum’s (ETH) limited capacity to process, store, and compute data by handling most transactions off the main ETH blockchain. The recent rise in these L2 activities, particularly Base’s performance, has kept Ethereum’s transaction fees stable. With key statistics showing a significant increase, adopting such solutions is crucial to Ethereum’s fee management strategy. On another front and with a recent market shift, Monero’s (XMR) correction continues and crypto whales now turn to InQubeta (QUBE), its AI-based…

As April unfolds, the cryptocurrency market witnesses intriguing developments, with several digital assets showing signs of potential surges. Among them, Litecoin (LTC) stands out as its price surpasses $105. Monero (XMR) and Rebel Satoshi ($RBLZ) are also garnering attention, positioning themselves in the profit spotlight. Let’s explore the factors driving these cryptocurrencies and their prospects in the current market landscape. Litecoin’s Momentum Litecoin’s price surge past $105 signals a potential rally, supported by robust miner accumulation and positive derivatives data.…