Category: Monero

Top 5 Cryptocurrencies That Promote Anonymity

Throughout the past few years, bitcoin has pillared a revolutionary financial concept of decentralization that relies on utilization of a peer-to-peer network to confirm transactions between trustless parties. However a feature, and to some flaw in bitcoin’s blockchain is a public ledger that stores every single transaction, allowing the records to be visible by anyone. Even though your bitcoin address is a form of a “pseudonym”, this doesn’t provide total anonymity. …
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Monero (XMR) On The Rise Following Its Inclusion In The Darknet Market AlphaBay

Monero or XMR, the privacy driven cryptocurrency has been climbing the price charts at a staggering pace over the last week. After the stable rise in price experienced over the course of 3 months, from $0.80 to $2.50, XMR has now taken a giant leap to the $4.90 mark in less than one week. The accentuated price rise came after the AlphaBay announcement on Monday, in which the Deepweb Dark Market …
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Monero Technical Analysis for 06/01/2016 – Price Trapped Between Major Pivot Levels

The big pivot zone at 0.00195 – which was outlined in the previous Monero article on 05/23/2016 – should still be watched, even though price is currently trading well underneath this level. On the 26th, this level was used as support/resistance; the 2-hour chart for that day show this quite clearly. The following day, on the 27th, price made it underneath the big support level at 0.0018. And the Monero …
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Monero Technical Analysis for 05/23/2016 – Price Bouncing Around Established Pivot Zones

The two pivot zones – 0.0021 & 0.00225 – that I outlined in several prior analyses (05/05/2016 and 04/22/2016), are continuing to exert their influence on the Monero exchange rate. On the 20th, the market managed to make it above 0.0021, and this area served as support about four times, before the market made it under this level again, today. Between Saturday and Sunday, the 0.00225 pivot also acted as …
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