Monero

Darknet Giant Darkmarket Shut Down, Alleged Operator Arrested

<div class=”featured_image_container”> </div> <strong>The authorities in seven countries and Europol have jointly taken down Darkmarket, one of the largest darknet marketplaces. The action was taken after the marketplace’s alleged operator was arrested in Germany. </strong> Authorities Shut Down Darkmarket Europol announced Tuesday that darknet marketplace Darkmarket has been taken down. The announcement details: Darkmarket, the …

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While Bitcoin’s Price Dips in Value, Crypto Assets Like Ethereum and Bitcoin Cash Shine

<div class=”featured_image_container”> </div> <strong>The price of bitcoin has dropped on Sunday losing more than 6% during the last 24 hours, but a myriad of other coins have seen significant gains in contrast. Cryptocurrencies like bitcoin cash, ethereum, and monero have all jumped in value while bitcoin has seen a decent drop.</strong> Bitcoin (BTC) dropped to …

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Regulators dial up the heat: Dash, ZEC and Monero reach boiling point?

On New Year’s Day, the U.S.-based crypto exchange Bittrex announced via Twitter that it was delisting three leading privacy coins: Monero (XMR), Zcash (ZEC) and Dash. A link promised further details, but those who followed it learned nothing to explain why trades in those tokens would end on Jan. 15. Still, the news couldn’t have …

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Darknet Giant White House Market Drops Bitcoin, Supports Monero Payments Only

<div class=”featured_image_container”> </div> <strong>The prominent darknet marketplace, White House Market, has dropped bitcoin payments and now accepts monero only. The darknet marketplace administrators detailed that there was an issue with a payment processor blocking Tor exit nodes, but the full transition to monero was always planned.</strong> A number of crypto proponents have reported on the …

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Heavy hitters of crypto call for users to comment on proposed FinCEN wallet rule

A number of players are encouraging individuals to speak out against FinCEN’s new crypto rules before comments close next week. Crypto exchange Coinbase and the foundation behind Monero are the latest firms to join in calling for crypto users to share their thoughts on the U.S. Treasury’s Financial Crimes Enforcement Network’s new rules. In a …

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Top 5 cryptocurrencies to watch this week: BTC, LTC, BCH, XMR, THETA

The supply and demand equation determines the price of an asset. In the past few months, the uptick in institutional demand for Bitcoin (BTC) has resulted in a strong bull run. This uptrend may continue until demand exceeds supply. On-chain data shows two withdrawals of more than 12,000 Bitcoin each from Coinbase Pro this week, …

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Top 5 cryptocurrencies to watch this week: BTC, ETH, XMR, XEM, AAVE

December is proving to be another blockbuster month for Bitcoin as the flow of institutional investors injecting funds into Bitcoin continues to increase. Business intelligence firm MicroStrategy announced that it had raised $650 million worth of convertible bonds at a rate of 0.75% due in 2025. The company now plans to invest the net proceeds …

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Ukrainian Politician Discloses Owning $24M in Privacy Coin Monero

Rostislav Solod, a member of the city council in the town of Kramatorsk, Ukraine, has reported owning millions of dollars-worth of the privacy-focused cryptocurrency Monero (XMR). In a declaration of all the property he owns and has access too – an anti-corruption procedure for all public officials in Ukraine – Solod listed, alongside real estate, …

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Bulls eye the $19.5K resistance but low volume keeps Bitcoin price sideways

As mentioned by Cointelegraph contributor Rakesh Upadhyay, Bitcoin price spent the weekend consolidating within a bull pennant and the breakout to $19,418 was quickly stamped out by overhead resistance. After retouching the pennant trendline, the price gave way, falling below the 20-MA on the 4-hour time frame and briefly losing the $19,000 mark. Crypto market …

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