Bitcoin initially became popular as a way to pay for illegal goods on the dark web marketplace the Silk Road. But just recently as cryptocurrencies enter the mainstream media once again, the current most active marketplace on the dark net has ditched Bitcoin in favor of Monero. Here’s why Bitcoin’s use as a dark web…
Monero (XMR) is the worst-performing crypto asset of the past 24 hours. The privacy-focused coin is down 15% in the past day, pushing below key support levels amid a strong drop level. Chart of XMR's price action over the past week from TradingView.com Its drop comes as Bitcoin has done its best to hold the…
The privacy-focused cryptocurrency Monero (XMR) is once again in the spotlight after reaching new record highs, even as governments tighten oversight of digital assets. Related Reading: Dogecoin Bulls Don’t Celebrate Too Early: This Level Still Must Fall XMR recently surged past $700, marking its highest price to date and placing it among the top 15…
Monero price has been bullish despite the broader market trends. Over the last 24 hours, XMR has continued moving up on its chart. It gained close to 4%. In the past week, Monero price gained significantly as there was a 9% appreciation on the altcoin’s chart. The technical outlook for the coin was bullish on…
Privacy-focused cryptocurrencies, such as Monero, are roaring back, with the total market capitalization of these coins surpassing the $62 billion mark for the first time since 2021. Related Reading Leading the charge are Dash (DASH) and Zcash (ZEC), which have soared 75% and 21%, respectively, in the past 24 hours, according to CoinGecko. Their weekly…
Monero (XMR) is back under heavy pressure as the market-wide correction deepens, with the privacy-focused cryptocurrency dropping 8% in the past 24 hours to trade at $375. Related Reading This decline marks the fourth consecutive day of losses, erasing last week’s recovery and signaling a shift in sentiment as traders increasingly position for a deeper…