XMR

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…

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…

Since Forbes attacked XRP, ADA, ICP, BCH, and XLM as zombie tokens with “little utility other than for speculative crypto trading,” investors have been split on whether to hold them. Over the past months, most of the 20 ‘zombie’ tokens have declined by more than 20%, with some losing a third of their value, like Cardano’s ADA and Stacks’ STX. It’s been a month since Forbes published a scathing article describing 20 blockchain networks whose market cap is at least…

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.…

Monero (XMR) faces the risk of a majority attack shortly. Despite being a reputable alternative to altcoins for incognito transactions, the privacy coin could soon compromise its integrity. In light of recent efforts to kick out ASIC miners, new metrics continue to expose the susceptibility of Monero’s blockchain to a 51% takeover. A majority attack means a user (or a group of users) has pooled resources to usurp a blockchain by possessing more than 50% of its computing power.  Miners…

A “significant” bug has been spotted in the privacy-centric cryptocurrency monero (XMR). Monero developers have discovered a bug in the coin’s privacy algorithms that could potentially expose users’ actual transactions. XMR is open-source and privacy-oriented with worthless coins, dubbed “mixins” with the actual coins during a transaction. Unfortunately, the privacy advantage is now at risk. According to a Twitter post, the bug occurs when a user spends their funds received in a transaction before roughly 20 minutes elapse. Mitigating the…

Monero (XMR) is the most popular privacy-focused cryptocurrency market, offering users complete anonymity in transactions. Along with growing interested and demand for this privacy-centric coin, the number of wallets that can store XMR has also increased.  In the guide below, you will get a review of the best wallets that can help you store and manage your Monero holdings.  Ledger Nano X (Hardware Wallet) Ledger Nano X is perhaps one of your best bets for storing your Monero in a…