First Mover: Monero Leads Privacy-Coin Rally as Bitcoin Trips on Path to $12K

Bitcoin (BTC) was gaining for a fourth straight day, approaching the $12,000 price threshold that the cryptocurrency failed to hold in August when it last rallied past that level.  “The market has started to move again,” the Norwegian cryptocurrency-analysis firm Arcane Research wrote Tuesday in a report.  In traditional markets, U.S. stock futures pointed to a higher open […]

Continue Reading

Cryptographers Are Always Going to Be ‘One Step Ahead’ of Regulators: Monero’s Spagni

While regulators are trying to restrict privacy in crypto, their efforts may be futile, according to privacy-centric protocol Monero’s maintainer, Riccardo “Fluffypony” Spagni.  “The U.S. Internal Revenue Service (IRS) wants the same level of insight [into monero] as they have over digital dollars in bank accounts; however, cryptographers and researchers are always going to be […]

Continue Reading

Market Wrap: Bitcoin Has Light Response to OKEx While Ether Options Traders Make Beacon Bets

Bitcoin rebounded from an OKEx-related drop; ether options traders may be beacon chain bearish.  Bitcoin (BTC) trading around $11,327 as of 20:00 UTC (4 p.m. ET). Slipping 2% over the previous 24 hours. Bitcoin’s 24-hour range: $11,199-$11,623 BTC below its 10-day moving average but above the 50-day, a sideways signal for market technicians. Bitcoin trading […]

Continue Reading

In Effort to Differentiate, Litecoin Makes a Move to Privacy

Litecoin (LTC), a nine-year-old cryptocurrency whose price returns have chronically underperformed the bigger and better-known bitcoin in recent years, is hitching its wagon to a new star: privacy. The blockchain industry subsector of “privacy coins” – cryptocurrencies with embedded technology that shields identifying information from public view – is becoming one of this year’s hottest […]

Continue Reading