Privacy-Centric Coins See Fresh Gains, Monero Captures All-Time Price High

Privacy-Centric Coins See Fresh Gains, Monero Captures All-Time Price High

On May 7, the privacy-centric crypto asset monero captured an all-time high at $515 per unit, as demand for confidential transactions has increased in recent times. Monero has gained more than 190% during the last three months, while a number of other privacy coins like zcash, verge, horizen, and grin have seen significant gains as well. Monero XMR Taps a New ATH Before Most Privacy Coins While cryptocurrencies have been growing wildly in value, the climate of regulation has stepped up a great deal. Governments and blockchain surveillance firms worldwide have been making themselves right....


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Leading Dark Net Markets to Support Monero

Privacy-centric cryptocurrency Monero (XMR) has been making waves in the community as of late. Most recently, it has been revealed that the digital currency will be used by leading Dark Net Markets. Oasis & Alphabay Will Implement Monero. According to a recent Reddit post on the Dark Net Markets (DNM) forum, Monero will be used by the Alphabay and....

Wrapped Monero launches as exchanges crack down on privacy coins

A wrapped version of the XMR privacy coin has launched on the Ethereum network. 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 new asset is fully backed by Monero at a ratio of one-to-one and is secured by BTSE. In a press release that was shared with Cointelegraph, BTSE said WXMR “gives holders of Monero more flexibility to utilize their tokens without....

XCurrency Price Increase Leads Privacy-Centric Altcoin Rally

The recent altcoin price uptrend has injected large amounts of capital into several privacy-centric coins competing with Darkcoin to become the currency of choice for those who wish to engage in both commerce and communication without publicly revealing their identities. At the forefront of this rally is the XCurrency price, but several smaller altcoins such as Shadowcoin have experienced significant price boons as well. XCurrency Leads Privacy-Centric Coin Price Rally. XCurrency is one of many coins vying for the top spot among privacy-centric coins. While Darkcoin currently leads the....

Altwars: Monero Beats Litecoin to 4th Biggest Market Cap

Monero (XMR) is challenging the top four cryptocurrencies by market cap, having beaten Litecoin January 3 to reach an all-time high of $227.1 billion. Monero Taunts Litecoin. The privacy-centric altcoin is at press time hovering just below Litecoin’s $222.9 million cap again, making it the fifth-largest according to CoinCap.io. The entry into the top four marks a continuation of an eye-wateringly successful six months for Monero, the value of which as recently as August stood at just $2 per coin. Now, it is almost $17. While the market cap is certainly shy of the $1 billion predicted by....

Privacy coin season? DASH price gains 100% in a week as Monero, Zcash flip bu...

Privacy coins such as Monero, Dash and Zcash are beginning to show signs of life. 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 start becoming bullish. One of those segments is the privacy coin segment. For example, Monero (XMR) rallied by more than 50% last week. Meanwhile, Dash (DASH) has more than doubled with a 125% gain while Zcash (ZEC) rallied by 70% during the same period.Monero breaks out of USD....