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Market Update - BTC, XLM, TRX, XMR Down Once More

As we enter the middle of the week, the crypto markets are continuing to fall. Since yesterday alone, major cryptos have lost an awful lot of value and as it stands, the fall is set to continue through the rest of the week. We are expecting to see a similar to trend to what we have seen over the past few weeks. Prices will bottom out to new lows and then prices will spike again through correction. After this, the negative climate will take hold again, etc etc. It’s boring, it’s repetitive and it is what we are seeing at...

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Market Update - BTC, XRP, XLM, XMR, It’s Like A Rollercoaster

As we enter a new week, the cryptocurrency markets are snaking up and down in a motion that could only otherwise be experienced on a rollercoaster. We can only expect this volatile start to the week to continue over the coming hours and days. What we are seeing here and indeed, over the past week or so, is currencies moving around price changes of -3% and + 3%, in a constant battle between correction and maintaining balance. With crypto so exposed and looking especially vulnerable, it won’t be long before we see a big change. As we know, the crypto-markets...

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Monero Gets A Second Layer

There is always experimentation, development, and innovation going on in the crypto space. Even established coins must continually evolve to keep pace with a changing environment. But it's great to see development that adds significant value and capability to an existing coin rather than start a new ecosystem from scratch. In May, Monero (XMR) founder Ricardo 'FluffyPony' Spagni announced a new project. Tari will be a blockchain protocol for digital assets that will be built on Monero. The Tari Labs team initially consists of Spagni, Naveen Jain, and Dan Teree. Spagni is sensitive to the appearance of centralization in Monero...

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Man Who Illegally Mined $45.00 Worth Of Monero Becomes The First To Be Sentenced In Japan

Japanese authorities have issued out their first ever sentence for a malicious crypto mining offence according to reports out today. Interestingly though, the person in question has only been found guilty of illegally mining just $45.00 worth of Monero. Hardly worth going to prison for, is it? We can’t be sure if this is just the start of a bigger investigation, or if this is just a case of the authorities trying to make an example of someone, either way though, it carries a very strong message that no form of malicious mining or cryptojacking will be tolerated, no matter...

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Monero (XMR) – Bitcoin (BTC) Atomic Swaps Could Be A Game Changer For Privacy Coins

Monero (XMR) is hailed as the king of privacy coins and a notable contemporary of Bitcoin (BTC). The cryptocurrency has not been in the news the same way as other cryptocurrencies of its stature, including Bitcoin (BTC). However, it continues to garner support from chauvinists of privacy and decentralization. Monero (XMR) has long been a favorite among investors who wanted to buy, sell or store without Uncle Sam peeping around. For this reason, Monero (XMR) found its first use case as a cryptocurrency to be used on the dark web mainly for purchase of medicines and drugs. Its untraceable nature...

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