Monero (XMR) Price Slides As Canada Includes Crypto In Emergencies Act
Monero (XMR) is trading at $172.80, down 4.61% with a low of $171.473 and a high of $183.58 in the last 24 hours. The crypto has a market capitalization of $3,126,923,853, and a price nearing the $170 resistance threshold. According to Coindesk’s price research, bearish swings are back, and price increases have been slower than in previous months because of the downward trend. Monero is going bearish again following a decrease in the XMR/USD market, as a result of negative news coming from Canada. Monero (XMR) Bullish Indicators At the time of writing, technical analysis by CoinCodex....
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Privacy coins, Zcash (ZEC) and Monero (XMR), have been outperforming larger cryptocurrencies in the last 24 hours. The sudden surge on the price of these cryptocurrencies seems to be responding to recent developments around the Russia-Ukraine conflict, and the signed of an executive order from the U.S. Joe Biden administration. Related Reading | Monero (XMR) Price Slides As Canada Includes Crypto In Emergencies Act At the time of writing, Zcash (ZEC) records a 11.7% profit trading at $142, while Monero (XMR) records a 15.5% profit trading at $195. These cryptocurrencies have been....
Prime Minister Justin Trudeau has invoked the Canada Emergencies Act, a law that allows the government to freeze the bank accounts of protesters without the necessity for a court order. This will be the first time the law is enforced. The Ontario Provincial Police and the Royal Canadian Mounted Police are reportedly aiming to freeze […]
Bitcoin could be back on a downtrend as the bulls struggle to protect the $40,000 mark. The first crypto by market cap was rejected at around $44,500 and has been unable to reclaim previous highs as the bears threaten with pushing it back to the lows around $30,000. Related Reading | Monero (XMR) Price Slides As Canada Includes Crypto In Emergencies Act As of press time, the first crypto by market cap trades at $40,160 with a 5.1% and 8.8% loss in the last day and 7 days, respectively. The general sentiment in the crypto market has been quickly changing from fear to greed as Bitcoin....
U.S. Senator Rand Paul says “statutes that allow presidents or heads of state to invoke emergencies are very, very dangerous.” Commenting on Canada’s Emergencies Act invoked by the Trudeau government, the senator warned, “We have the same sort of statutes here.” Senator Rand Paul Warns of Emergency Act in the US U.S. Senator Rand Paul warned of statutes in the U.S. similar to the Emergencies Act invoked by Canadian Prime Minister Justin Trudeau last week during an episode of the Based Politics podcast that aired Sunday. “I think statutes that....
With the recent changes in financial surveillance laws, Canada could make its crypto taxation system permanent. This would affect many cryptocurrency platforms and session owners who are seeking more control over their wealth by owning bitcoin instead of other currencies like USD or EURO. Related Readings| Canada Emergencies Act Declares War Against Crypto And Freedom […]