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“# Privacy coin season? DASH price gains 100% in a week as Monero, Zcash flip bullish ” The strength of the cryptocurrency market is spreading appears to be spreading to privacy-focused coins. The calm price action of Bitcoin (BTC) often sets up an intense period for altcoins to rally, where several groups of coins can…
“# 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….
“# Monero community wants Elon Musk to add XMR as Tesla payment option ” The Monero community has posted a proposal to add XMR as a payment option on the Tesla website. Shortly after Elon Musk’s Tesla Motors hinted that they may start accepting Bitcoin (BTC) payments its electric cars, the Monero community suggested that…
“# 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…
“# Researchers detect new malware targeting Kubernetes clusters to mine Monero ” Cybersecurity researchers at Unit 42, the intelligence team at Paolo Alto Networks, have published a profile of a new malware campaign that targets Kubernetes clusters and can be used for the purposes of cryptojacking. “Cryptojacking” is an industry term for stealth crypto-mining attacks…
“# Grayscale prepares for DeFi future with new cryptocurrency trust filings ” The largest Bitcoin (BTC) and cryptocurrency asset manager in the world, Grayscale, could be set to move into the decentralized finance space after documents for several new trusts were filed in the Delaware corporate registry. New trust filings for Aave (AAVE), Polkadot (DOT)…
“# Too fast, too furious: Some major altcoins failed to match Bitcoin’s rally ” Since then, the price of Bitcoin has suffered a correction, and most of the crypto market followed. Bitcoin is currently sitting at just over $35,000, and while traders suggest the pullback to be a healthy correction required for Bitcoin to maintain…
“# 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…
“# Wrapped Monero launches as exchanges crack down on privacy coins ” Crypto custodian BTSE has launched an ERC-20 token that represents Monero (XMR) on the Ethereum blockchain, giving investors new exposure to the privacy-centric coin. Represented by the ticker symbol WXMR, Wrapped Monero is intended to bring greater liquidity to the DeFi ecosystem. The…
“# 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…