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Monero(XMR)
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$156.639
(2.14%)
0.00569782 BTC
Market Cap (Rank#23)
$2,859,742,175
104,025 BTC
Vol 24h
$85,691,478
3,117 BTC
Circulating Supply
18,256,893.20
Max Supply
?
3 days ago • nulltx
Biggest Potential Gainers Of 2023: Analysts Name Monero (XMR), Fantom (FTM) and Orbeon Protocol (ORBN)
As we move into 2023, the cryptocurrency market continues demonstrating its vast potential, with multiple digital assets poised to yield significant gains for investors. Among these standouts, analysts are spotlighting Monero (XMR), Fantom (FTM) and Orbeon Protocol (ORBN) as the biggest potential gainers this year. In particular, Orbeon Protocol (ORBN) is revolutionizing the world of […]
6 days ago • nulltx
Terra Classic (LUNC), Monero (XMR), and DigiToads (TOADS): Which Token is Gaining More Traction in the Crypto Market?
The ever-growing and unpredictable crypto market can be intimidating, with numerous tokens vying to make a place in the crypto world. But which ones are gaining more traction among investors and traders? Terra Classic (LUNC), Monero (XMR), and DigiToads (TOADS) have caught the public’s attention. Let’s explore each in detail to understand their potential better. […]
9 days ago • cryptodaily
South African Court Dismisses Ex-Monero Dev's Extradition Appeal
Former Monero lead maintainer Riccardo Spagni, who has been extradited from the U.S. to South Africa in July last year, was served with a denial for his appeal to declare his extradition as unlawful.
According to local reports from South Africa, the country's Supreme Court has ruled that Spagni was not able to provide sufficient grounds for his claim to invalidate the extradition process. Beforehand, Spagni's legal representatives have argued against the extradition, leaving the former Monero lead developer in a "precluded" condition, which means that through the legal process, he has agreed to voluntarily waive his rights to challenge the process on his own, given that legal counsel was made available for him.
Spagni's previous resistance was precluded because of his own agreement to return to South Africa under specific conditions, which included the preservation of his "release on warning" rights, with the modality of being subsequently cancelled by the court (in this case under the South African jurisdiction).
Right before Spagni was extradited, he filed a suit with the SCA (Supreme Court of Appeals). The suit, which was initially dismissed, declared a contestation of the Western Cape High Court's process in handling the extradition hearing. The contention was primarily centered on the argument that the director of public prosecutions should not have submitted the extradition request in the first place.
Spagni was met with the following response from South African authorities, declaring his argument to be moot:
“It found that the appellant had failed to make out a case for this court to determine the validity of his extradition process as that would have no practical effect. The appeal was thus dismissed on mootness alone,” explains a summary of the proceeding.
Reports have also indicated that Spagni's trial will be continued at Cape Town's regional magistrate court.
Launched in 2014, Monero (XMR) is a privacy-focused, open-source cryptocurrency built off of the CryptoNote protocol initiated by Nicolas van Saberhagen. By design, Monero is built to ensure a high degree of anonymity, security, and decentralization. This means that Monero enables financial privacy for its users by obfuscating transaction details, making it difficult for third parties to trace transactions or identify the parties involved.
Like other cryptocurrencies, has attracted the attention of regulators due to its potential use in illicit activities, tax evasion, and money laundering. However, there is no specific international policy or framework solely aimed at regulating projects like Monero. In some countries, Monero and other privacy-focused crypto projects have been slammed with stricter regulations, or have been delisted from exchanges due to their privacy features, which make transactions difficult to trace. For example, South Korea introduced stricter regulations on privacy coins, leading to their delisting from several exchanges in the country. Japan has also witnessed the delisting of privacy-focused cryptocurrencies from multiple exchanges due to regulatory pressure.
At a broader level, international organizations such as the Financial Action Task Force (FATF) have issued guidelines to help countries establish regulatory frameworks to mitigate the risks associated with virtual assets, including cryptocurrencies like Monero. The FATF recommendations include measures for combating money laundering and terrorist financing, which are applicable to virtual assets and Virtual Asset Service Providers (VASPs). In relation, localized regulatory bodies have also taken action on crypto and digital assets, with somewhat over-the-top actions such as the UK FCA's recent sanctions against unregulated crypto ATMs.Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
44 days ago • cryptodaily
Dubai Bans Privacy Coins, Sets New Regulations
The country's Virtual Assets and Regulatory Authority (VARA) has released a new set of regulations for the any crypto-linked firm attempting to set up a business in its jurisdiction.
Among these new regulations is one that might not come off as a surprise: privacy. Dubai has been known for its stringent measures in terms of crypto-related activities, and this is yet another step taken to ensure that crypto firms abide by the laws of the country. The regulator has set down a total ban on privacy-focused crypto projects and assets such as Monero (XMR) and Zcash (ZEC). Other privacy-focused cryptocurrency projects such as DASH, Horizen (ZEN), Verge (XVG), and Beam will also be affected. The regulator did not specify, however, whether third-party dApps such as Tornado Cash will also be included in the ban.
The move comes after a number of privacy coins have started to gain traction in the crypto industry, with many crypto investors turning to them as a way to protect their funds from government regulations. To combat this, Dubai has implemented a policy that crypto firms must be able to demonstrate the origin of crypto funds and crypto assets present in their systems. Licensing must also be obtained only from the regulator, with no other recourse for any crypto firm but to comply to its regulatory framework to obtain an operational license.
According to the VARA's recently released statement, anonymity-enhanced cryptocurrencies pose a threat to the country's financial stability, such that any token or cryptocurrency operating from this notion must be banned to prevent and miscalculations on the part of the regulator.“Anonymity-enhanced cryptocurrencies prevent the tracing of transactions or record of ownership through distributed public ledgers and for which the virtual asset service provider [VASP] has no mitigating technologies or mechanisms to allow traceability or identification of ownership," the document details.According to VARA, crypto firms and individuals found to be in violation of the compliance framework may be subjected to a hefty fine of up to 20 million Dirhams, which is roughly the equivalent of $5 million in USD. Institutionally-tied projects may be fined much more, running up to 50 million Dirhams ($13 million) for any action construed as a violation of VARA's terms.There's a bit of relief here though: these new rules will only apply to crypto and digital asset firms operating in Dubai. Those which are located in the Dubai International Financial Centre (DIFC) economic zone will be exempt from these regulations, given that they are under the jurisdiction of a separaate regulator. Despite this, VARA insists that everyone in Dubai's crypto market should still abide by the regulations for advertising and marketing their products and services.This latest development is a bit concerning, though. Dubai has been known for its crypto-friendly business environment, with Binance chief Changpeng Zhao even considering to put up headquarters for their exchange in the country. It can also, to a certain degree, become a setback for crypto projects that have privacy features in terms of adoption. While this could prove to be beneficial in the long run, setting limitations on what crypto assets and tokens could and could not do may be counterintuitive to what the values of crypto and decentralization represent.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
44 days ago • cryptopotato
Dubai Forbids Operations With Monero, Zcash, and Other Privacy Coins
The new regulations imposed by Dubai's VARA disallowed the employment of privacy coins, such as XMR and ZEC.
72 days ago • cryptodaily
RINO Enterprise Wallet launches free Community Edition
RINO, an enterprise-focused Monero Wallet, has recently launched a free Community Edition that allows everyone to benefit from some of RINO’s unique features.
The lack of professional tools and custody options has been a major obstacle to the business adoption of Monero. Other digital assets and coins have long benefited from a range of highly secure custody services offered by companies such as Bitgo, Fireblocks, and Copper. The RINO team wanted to address this shortcoming and enable the next growth phase of the Monero ecosystem. RINO’s first product is a feature-rich non-custodial wallet targeted at the enterprise. With the launch of the Community Edition, some of the core features of the RINO enterprise platform are now being offered to the wider Monero community for free.
All Monero users can now benefit from RINO’s highly secured 2FA authentication. Unlike other wallets, RINO guarantees the safety of the funds even if the wallet password is compromised.
With the Community Edition, users can access their wallets from any device. Wallets are always instantly synchronized without any waiting time upon connection. Sync happens even when users are away from their phone or laptop - they can even disconnect from their wallets completely and still receive a notification for each incoming transaction. With RINO’s integrated exchanges, one can also buy and sell XMR directly from the wallet (crypto-crypto is available now, and fiat is coming soon) at competitive rates.
RINO’s self-custody wallet is powered by multi-signature cryptography, following a 2-out-of-3 setup. The owner of a RINO wallet controls two of the three keys; the RINO platform controls the last key. Two out of three keys are needed to access funds, so RINO can never steal or spend its customers’ money. In daily use, a wallet owner uses one of their two keys to initiate transactions, with RINO acting as a controlling authority to add additional levels of security (e.g., requiring 2FA) and only co-signing transactions according to pre-agreed constraints and security policies. The last key is the owner's “recovery key”, which should be kept in cold storage. Hence, should a wallet owner ever decide to discontinue their relationship with RINO, they can spend their funds without interacting with RINO at all.
The RINO team has been involved with Monero for many years and is excited to be an integral part of Monero’s next growth phase.
About RINO
RINO was launched by serial crypto entrepreneurs whose hearts and minds have been with Monero since its inception. Having run Monero services themselves for many years, they recognised major shortcomings in the Monero ecosystem and decided to do something about it. RINO’s mission is to bring world-class professional tools to the Monero ecosystem and enable the next phase of Monero’s growth.
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
74 days ago • cointelegraph
5 cryptocurrencies that could benefit from a positive CPI report
Crypto markets flip green following the continuation of last week’s rally in equities, and SOL, XMR, LDO and AAVE could be ready to move higher.
89 days ago • cointelegraph
Bitcoin and these 4 altcoins are showing bullish signs
Bitcoin’s volatility could soon pick up and that may boost buying interest in ETH, TON, XMR, and OKB.
97 days ago • cryptodaily
Analysts Favor Orbeon Protocol (ORBN) As Monero (XMR) and Theta Network (THETA) Holders Get Impatient
Both Monero (XMR) and Theta Network (THETA) have been around for a while now, and their respective communities are starting to ask when development will start picking up.
Orbeon Protocol (ORBN) is a new project filled with potential, and it looks like it could overtake both XMR and THETA during phase 3 of its public presale. Orbeon Protocol has already seen its price increase 655% during phase 1 and 2 of its public presale, looks like the sky's the limit.
>>BUY ORBEON TOKENS HERE>BUY ORBEON TOKENS HERE>BUY ORBEON TOKENS HERE<<
Theta Network (THETA)
Theta Network (THETA) is a blockchain-powered video streaming platform that rewards users for their contributions to the network. Now, anyone using Theta Network can enjoy content and share data across a peer-to-peer network.
Theta Network promises to alleviate the financial burdens of content creators who are currently at the mercy of large, centralized corporations like YouTube and Twitch. Theta Network Users can earn further rewards by providing essential network resources, like bandwidth and storage, to other streamers.
Theta Network has heavy hitters in the streaming and media industry as advisors, including Steven Chen, the co-founder of YouTube. However, recent developments have not lived up to expectations, with Theta Network’s price down a huge 94.63% at the current time of writing. Theta Network is currently trading at $0.83.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
103 days ago • cointelegraph
Bitcoin’s boring price action allows XMR, TON, TWT and AXS to gather strength
BTC’s price range is tightening in preparation for a potential range expansion. Meanwhile, XMR, TON, TWT and AXS are maintaining their bullish momentum.
122 days ago • cryptodaily
Orbeon Protocol (ORBN) rapidly sells out its first stage of the presale, Monero (XMR) and BinaryX (BNX) prices bounce back from lows
Orbeon Protocol (ORBN) is selling out its presale as the price has already more than doubled, with multiple analysts expecting total returns of more than 60x. ORBN is here to make investing in startups accessible to everyone. Monero (XMR) and BinaryX (BNX) have bounced back from recent lows but still struggle to find a footing.
>>BUY ORBEON TOKENS HERE<<
Orbeon Protocol (ORBN)
Orbeon Protocol provides a platform for emerging enterprises seeking funding to bypass established channels such as venture capital firms and crowdfunding platforms and instead appeal directly to the crypto community.
Startups are minted as fractionalized NFTs, representing equity in the company, and can be purchased for as low as $1. This is a first for the everyday investor. Never before have small-scale investors had access to exciting, fresh investment opportunities generally reserved for those only able to invest millions.
The blockchain technology of Orbeon Protocol also makes investment safer and more transparent for investors. For example, its smart contract "fill or kill" automatically refunds investors if firms fail to meet their investment target.
ORBN, the native token of the Orbeon Protocol, is now accessible during the presale phase, which began at the end of October and will run through three phases through the end of January 2023.
Analysts believe the cryptocurrency can grow 60x in a couple of months, from $0.004 to $0.24. Orbeon Protocol is leading the way in a crypto industry still battling back. The ORBN token is still in the presale phase and is now trading at $0,014.
Monero (XMR)
Monero (XMR) is a one-of-a-kind cryptocurrency because it provides security. Monero (XMR) obscures its user's personal information and transaction details.
This is accomplished through advanced algorithms, providing users with complete anonymity when doing transactions. Monero (XMR) is a privacy-focused cryptocurrency with regular Decentralized Finance (DeFi) functionalities and is one of the industry's quickest cryptocurrencies.
The Monero blockchain uses the Proof-of-Work (PoW) consensus mechanism. This helps XMR achieve low transaction fees and sustain up to 1,700 transactions per second. Monero is one of the largest cryptocurrencies on the crypto market. Thanks to its mix of anonymity and quick transaction rates, it has a significant and dedicated user base with minimal costs.
Clients can use Monero (XMR) to conduct untraceable transactions in the dark. The components that enable these private and secure transactions include a ring signature, transaction mixing, secret ring transactions, and stealth addresses. XMR has 18,2 million tokens.
BinaryX (BNX)
BinaryX (BNX) is a game that allows you to earn prizes while gaming by utilizing cryptocurrency and blockchain technologies. Playing this game, you can use the marketplace to trade with other players and auction off your in-game goods for cryptocurrencies.
BinaryX (BNX) also focuses solely on the fantasy gaming genre and does not offer a wide range of game genres. This may limit its attractiveness to some players. BinaryX (BNX) is merely a notion for a fascinating game, not a blockbuster game, as most people expect.
BinaryX (BNX) is losing ground in the market. It lacks the level of recognition or network effect some of the other ventures in this sector have. Furthermore, its emphasis on gaming may not be appealing to many.
In order to increase its market share BinaryX (BNX) must build brand awareness and offer more games. They compete with well-known blockchain games and centralized games from gaming behemoths such as Playstation, Xbox, and Nintendo.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
126 days ago • cryptodaily
Flasko (FLSK) Presale Has Garnered The Attention Of Monero (XMR) And Aave (AAVE) Investors
Those who purchased famous crypto coins at the peak of the bull run now have huge losses as 2022 is about to end. Parabolic cryptocurrencies like Monero (XMR) And Aave (AAVE), for example, will need billions of dollars in additional cash from new investors to approach their all-time highs. Investors have begun to lose hope in Monero (XMR) And Aave (AAVE) and are shifting their funds to presale crypto platforms like Flasko.
Monero (XMR) is having a rough time
Most blockchains do not include a cryptocurrency like Monero (XMR), which focuses on privacy and anonymity. Because of its one-of-a-kind value in facilitating private, almost untraceable transactions, Monero (XMR) has gained significant traction. However, like many cryptocurrencies, Monero (XMR) has lost a lot of value since reaching ATH levels of $542, at one point seeing lows under $100 per Monero (XMR) coin and being stuck in a bear cycle for nearly six months.
One Monero (XMR) coin is around 73% less than its all-time high. Rather than speculating on an improbable recovery for Monero (XMR), investors would be better off putting their money into other protocols.
Aave (AAVE)'s Rise and Fall (AAVE)
The average annual variable expense Aave (AAVE) continued to rise at the start of 2021, breaking the $100 mark within the first few days of the year and skyrocketing to $506 on February 5. This trend gained steam as more and more people started using Aave (AAVE)'s loan platform. There was an unexpected influx of positive coverage of its procedure in the media. News of Aave (AAVE)'s antics rang in the new year.
The Aave (AAVE) currency severely declined between January and March 2022. As of November 11th, Aave (AAVE) has dropped to $68.03, its lowest price in over a year.
Flasko (FLSK) Making Its Mark In The Crypto Market
Flasko has risen to prominence among crypto fans thanks to its novel and upcoming NFT platform. Flasko will facilitate the buying, selling, and trading of rare bottles of champagne, wine, and whiskey as fractionalized NFTs.
Flasko's investors will be able to take part in a trillion-dollar industry with a history of minimum loss risk by acquiring fractionalized NFTs backed by actual assets of profitable liquor.
Flasko has been successfully audited by Solid Proof, and liquidity is locked for 33 years, with the team not allowed to sell their tokens for the next two years, making Flasko an incredibly safe platform to invest in.
Purchase now when the price of one Flasko token is only $0.085, as experts predict Flasko token will increase by 4,500% by early 2023.
This could provide one of the best opportunities for investors to make significant gains this year.
Website:https://flasko.io
Presale:https://presale.flasko.io
Telegram: https://t.me/flaskoio
Twitter:https://twitter.com/flasko_io
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
127 days ago • nulltx
Top 3 Privacy Coins Below $10M to Watch in November 2022
Privacy Tokens are known for one distinct feature of protecting users’ transaction addresses, enabling a non-disclosure of identity. Traders who want financial privacy uses these tokens to remain anonymous while dealing with the DeFi sector. Privacy Tokens has a total growing market capitalization of $4,943,262,912 and a total trading volume of $281,555,068, having Monero’s XMR […]
The post Top 3 Privacy Coins Below $10M to Watch in November 2022 appeared first on NullTX.
About Monero?
The live price of Monero (XMR) today is 156.639 USD, and with the current circulating supply of Monero at 18,256,893.20 XMR, its market capitalization stands at 2,859,742,175 USD. In the last 24 hours XMR price has moved 6.002 USD or 0.04% while 88,720,601 USD worth of XMR has been traded on various exchanges. The current valuation of XMR puts it at #23 in cryptocurrency rankings based on market capitalization.
Learn more about the Monero blockchain network and how it works or follow the price of its native cryptocurrency XMR and the broader market with our unique COIN360 cryptocurrency heatmap.
A privacy-focused cryptocurrency, Monero (XMR) was launched in April 2014 with the aim of facilitating private and anonymous transactions. Although Bitcoin (BTC) is widely believed to be "private", it is in fact not anonymous, and blockchain analytics firms such as Chainalysis have become adept at tracing transactions on Bitcoin and most other blockchain networks.
Unlike Bitcoin, Monero is designed as a censorship-resistant cryptocurrency and claims to use advanced cryptography and various other techniques to shield the identities of XMR senders and receivers. In fact, security and privacy are two of Monero’s biggest USPs.
Monero was originally introduced as a hard fork of Bytecoin (BCN) — a decentralized and privacy-oriented cryptocurrency created in 2012. While Monero has its origins in Bytecoin, it built upon and improved the decentralization, security and privacy features of Bytecoin’s CryptoNote technology.
Monero’s core team comprises a largely anonymous group of developers. Riccardo Spagni (a.k.a. ‘Fluffypony’) and David Latapie are, however, Monero’s two publicly known contributors. XMR, the native coin of Monero, is a decentralized privacy coin.
XMR price
Like most cryptocurrencies launched during its time, XMR price in USD terms didn’t have any noteworthy movement in the early days. XMR price stayed well under $1 throughout 2015 and only started picking up in Aug 2016. According to our live XMR/USDT price chart, the coin rallied to around $14 in September that year.
XMR coin’s next big surge came alongside a market-wide rally starting in January 2017. Its price broke out of the resistance at $14 by March 2017 and kept climbing month after month, closing in on $500 by late December 2017.
XMR peaked in early January 2018, setting an all-time high of just under $550. At the time, Monero's market cap reached nearly $8.5 billion.
XMR price went into a corrective phase thereafter, dropping under $50 by the end of 2018. It couldn’t break the $100 barrier for most of 2019 and 2020, springing back to life only in October 2020 — almost 7 months into the Covid-19 pandemic. This resurgence catapulted XMR coin to yet another high of nearly $480 in May 2021. It has since lost half of its ground, trading in the vicinity of $200 in 2022.
How XMR works
Monero blockchain is secured using a unique, community-created, CPU-friendly and ASIC-resistant Proof-of-Work algorithm called RandomX. One of its main highlights is its ASIC-resistance, implying that it prevents hash-rate domination by powerful ASIC mining equipment, ensuring that anyone can mine XMR coin using regular computers. A new block gets created every 2 minutes on the Monero blockchain and the block rewards are handed over to the miners.
XMR, like BTC, can be used to pay for goods and services, as well as traded against other crypto coins on exchanges.
Monero accomplishes its core objective with the help of three main privacy technologies – stealth addresses, ring confidential transactions (RingCT) and ring signatures. Combined together, these three conceal the receiver, amount, and the sender of the transaction, respectively. All transactions done on the Monero network are believed to stay private, with no possibility of even accidentally conducting a transparent transaction.
XMR news, updates and highlights
In recent XMR news, the blockchain’s developer community announced in April 2022, via a GitHub post, that the network will undergo a hard fork in July 2022. Please note, Monero used to hard fork every 6 months prior to Oct 18, 2020, the date of its last hard fork. These bi-annual hard forks were meant to regularly introduce significant consensus changes to the network, resulting in additional network-wide improvements and privacy enhancements. However, the core team decided that this wasn’t necessary anymore as the protocol had accomplished ample maturity and stability.
The upcoming Monero hard fork will occur at a block height of 2,668,888, leading to more optimized security as well as certain fee changes on the network. This will be version fifteen (V15) of the Monero blockchain.
Frequently asked questions about XMR
Can you mine XMR?
Yes, you can mine Monero using any desktop or laptop computer.
What are some of the best XMR wallets?
You can use a wide variety of Monero wallets to store your XMR coins. Some of them are Monero GUI Wallet, Monero CLI Wallet, Feather, Cake Wallet, MyMonero, Ledger Nano S/X and Trezor Model T.
Can I pay for goods and services with XMR?
Yes, you can use your XMR coins to pay for goods and services. Please visit the official Monero website to locate various stores and merchants where you can pay with XMR.
How to buy XMR?
You can easily buy XMR from various reputed crypto exchanges including OKX, Binance, Gate.io Huobi Global and KuCoin. Its easy to find XMR pairs with well-known crypto assets like BTC, ETH, XRP, USDT, ADA and others.
| Monero Price | 156.639 USD |
| Market Rank | #23 |
| Market Cap | 2,859,742,175 USD |
| 24h Volume | 85,691,478 USD |
| Circulating Supply | 18,256,893.20 XMR |
| Max Supply | No data |
| Yesterday's Market Cap | 2,869,474,209.81 USD |
| Yesterday's Open / Close | 151.172 USD / 157.174 USD |
| Yesterday's High / Low | 157.273 USD / 151.172 USD |
| Yesterday's Change | 0.04% ( 6.002 USD ) |
| Yesterday's Volume | 88,720,601.06 USD |
| Mining Info | |
| Hashing algorithm | RandomX |
| Pools (known) | 39 |
| Pools Hashrate | 2.51 GH/s |
| Network Hashrate | 2.48 GH/s |
| By MiningPoolStats | |
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