Monero

Top 5 cryptocurrencies to watch this week: BTC, ETH, VET, XMR, FTT

Bitcoin (BTC) has risen more than 1,000% since March 2020 and this shows that the digital asset has outperformed traditional asset classes like equities, commodities and bonds by a massive margin. The resilience of Bitcoin even after the sharp rally continues to attract buyers. Jarvis Labs analyst Ben Lilly said the whales who hold between …

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Top 5 cryptocurrencies to watch this week: BTC, BCH, EOS, XMR, XTZ

Demand and supply metrics determine the price of an asset and data from Glassnode, an on-chain data firm, shows that Bitcoin’s (BTC) liquid supply has been decreasing since June 2020. This signals that traders owning Bitcoin are not selling their holdings. While the supply is shrinking, demand has been going up in the past few …

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Growing list of billion-dollar crypto ‘unicorns’ suggest the best is yet to come

In the traditional investing world ‘unicorn’ is a term used by venture capitalists to describe a privately held startup valued at more than $1 billion.  Typically these startups have strong fundamentals and oftentimes a first-mover advantage that helps them rapidly rise in value to become prized investment opportunities for yield-seeking funds. Some of the best-known …

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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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