(XMR) Monero Price Trending Downwards

(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....


Related News

Monero Reaches 2-Year High, Taking YTD Gain to 200%

Regulatory scrutiny is likely garnering more attention for monero amid an upward-trending broader market.

Understanding Monero and Its Mission to Reclaim Online Anonymity

Increasingly, the subject of anonymity-focused Monero has been popping up on blockchain forums. According to Google Trends, searches on the topic surged by about 700% in August 2016. What is Monero? How is it Different from Bitcoin? Monero is currently one of the most traded cryptocurrencies. It ranks sixth in cryptocurrency market capitalization. Its market cap is about $150 million USD, and its value is about 1% of that of bitcoin. In the month of September, Monero’s price hit an all-time high of about $14. The price was around $2 the previous month. The rise in price and the growing....

5 Major Reasons Why Monero Has Spiked

Monero (XMR), a privacy-focused open source cryptocurrency, has agitated the digital currency community after demonstrating a nearly 100% increase in price over a 6-day period, from August 24th-30th. Users and investors of the currency, which has been around for over two years, have questioned the factors behind the sudden increase in the price of Monero. At the moment, experts suggest that there should have been at least five major factors which triggered the value of Monero: the integration of Monero by darknet marketplaces, continuous support of experts, legitimate cryptography, a rise....

Darknet Marketplace Monero Market Goes Offline Until January 2017

“We believe Monero is by far the best cryptocurrency at the moment to buy/sell anonymously,” an unknown rep of Monero Market told CCN before the Monero-focused dakrnet marketplace went offline today. The representative added: Bitcoin is not anonymous anymore. There has been lot’s of article of buyers/sellers being busted recently and this is just the tip of the iceberg. We believe in Monero and we do believe our market will grow in the next months as more and more people will get busted using Bitcoin. Monero Market was the first darknet marketplace to solely use Monero, a crypto-currency....

Industry Report: The Digital Drug World Just Got a Lot More Private

Drug dealers find solace in Monero, Shopawl accepts bitcoin, and the era of traditional banking may finally come to an end. Check out the stories below to catch up on your latest tech and digital currency news. MONERO MAKES DRUG TRADING MORE PRIVATE. At just two years old, Monero is one of the world’s newest altcoins. Despite its lack of experience in the digital arena, however, the price of the coin quadrupled early last month, and the coin is earning newfound popularity among drug dealers thanks to its promise of more privacy. AlphaBay, one of the dark net’s leading drug sites, has....