Monero Overtakes Litecoin, Demonstrates Strong Performance

Monero Overtakes Litecoin, Demonstrates Strong Performance

On January 3, Monero officially overtook Litecoin and Ripple, solidifying its position as one of the leading cryptocurrencies in the market. There exists several major factors that pushed the market cap of Monero this past weekend including the Alphabay userbase, active development and integration. Experts Praise Monero, Over the past 12 months, Monero and its development team received positive and optimistic recognition from leading cryptocurrency experts and cryptographers, due to its legitimate cryptography and technology. It is one of the very few cryptocurrencies in the market that....


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Litecoin Overtakes Bitcoin in Trading Volume

Litecoin, the original altcoin, was created in 2011 and is very similar to bitcoin in all but a few aspects. Intended to be "The silver to bitcoin's gold", Litecoin has surpassed bitcoin in daily trading volume (USD). Coins ranked by Market Cap. A few takeaways from the chart: Litecoin's 24h trade volume is nearly $8m more than bitcoin. Litecoin has surpassed Ripple, nearly overnight, to reclaim it's spot as the second largest coin. Litecoin is experiencing rapid growth, more than doubling in the past few days. Litecoin and bitcoin have both experienced rising prices amid the Greek debt....

(XMR) Monero Price Trending Downwards

Monero has ranked among the top altcoins since its release in April, even earning its own market as a trading pair on the altcoin exchange Poloniex. However, the Monero price has been in decline for the past several months. CCN examines this altcoin price movement to help investors make wise trading decisions. Also Read: Monero Market Added To Poloniex Cryptocurrency Exchange. Monero Price Trending Downwards. The Monero price has been in decline for several months, and the fall continued during the past week. On October 24, the Monero price was 212,653 satoshis. Over the next two days, the....

Monero Market Added To Poloniex Cryptocurrency Exchange

Monero (XMR) is an cryptocurrency based on the CryptoNote protocol that touts anonymity as one of its winning features. Recently, United States cryptocurrency exchange Poloniex added a new Monero market to its list of features. The addition makes Monero not only the first altcoin to establish its own market pairing since Litecoin on Poloniex, but also the first Monero direct market in existence. CCN. Poloniex, founded in January of 2014, currently offers over 140 Bitcoin and Monero trading pairs. Many know it's name from the Bitcoin theft they experienced this past March. The event was a....

Monero Continues Upswing With Kraken's Launch of XMR Trading

Kraken, a global bitcoin exchange headquartered in San Francisco, announced the launch of Monero (XMR) trading, which effectively enables users to trade Monero with bitcoin, U.S. dollars and euros. In a statement, the Kraken development team expressed its optimism toward Monero based on its strong performance in 2016 in terms of the growth of user base, exponential increase in market cap and rising trading volumes. The company said: “Monero is one of the leading cryptocurrencies that has seen huge 40x market cap growth in 2016 and trades with high volume and liquidity. Monero is....

Bitcoin Price Rally Impacts the Growth of Other Altcoins

The rise of Bitcoin price, crossing $1000 has considerably impacted the rise of other altcoins. New Year has indeed turned out to be great for the Bitcoin community. The cryptocurrency has broken through the $1000 barrier for the first time since 2014, exhibiting its potential as the mainstream currency of the future. As Bitcoin continues to enjoy the unprecedented growth, the same can’t be said about other leading cryptocurrencies. Bitcoin, upon gaining popularity led to the rise of other alternative cryptocurrencies which are now categorized as altcoins. Some of the....

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