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Monero is a privacy focused currency created in 2014. A participant on the Bitcointalk forum going by the username “Thankful_for_today” forked Bytecoin to create Monero, which was later maintained by the decentralized developer community. Monero is fungible, meaning that involvement in previous transactions does not affect the value of any one coin as all transaction history is completely unknowable. Monero uses senders’ unique ring signatures, confidential recipient addresses and Ring Confidential Transactions to enable privacy and prevent coins being spent more than once at a time.
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Regulatory scrutiny is likely garnering more attention for monero amid an upward-trending broader market.
Bitcoin is starting to permeate the narrative and it is going mainstream faster than people imagined, Real Vision CEO Raoul Pal said during today’s Daily Briefing. Pal explained his extreme bullishness on Bitcoin, saying that the cryptocurrency feels like the superior trade to almost every other outcome and he thinks
Monero, zcash and other privacy coins, a type of digital token that provides users with enhanced anonymity, are surging in cryptocurrency markets.
Bitcoin’s price tested $11,800 Monday as investors continue to put BTC into new DeFi protocols.
Privacy protocols have become the focal point of regulators and law enforcement agencies when the race among central banks to launch sovereign digital currencies is heating up.
Bitcoin’s price is rebounding after an OKex-related dip. Meanwhile, ether options traders have a bearish “beacon chain” attitude.
Source Bitcoin (BTC-USD), as well as the blockchain enterprise sector in general, has become increasingly correlated with stocks in recent months. Due to the upcoming election, the lack of progress on the fiscal stimulus front, uncertainty about the state of the economy going forward, the likelihood of an increase in
Bitcoin price is dipping a bit while ether flows display Uniswap’s prominent market position.
https://www.coindesk.com/price/monero
