Category: Monero News

  • Monero Compliance Workgroup: “XMR Exempt From Funds Travel Rule”

    Monero Compliance Workgroup: “XMR Exempt From Funds Travel Rule”

    It’s been just revealed that the Monero Compliance Workgroup stated that the Monero XMR network is not subject to the U.S. Financial Crimes and Enforcement Network (FinCEN) guidelines regarding the Funds Travel Rule. Monero, exempt from Fundas Travel Rule Just in case you don’t know, the Funds Travel Rule requires financial institutions who send and…

  • Monero Rejects FinCEN Identification Guidelines

    Monero Rejects FinCEN Identification Guidelines

    Monero has recently been through an upgrade, and some crypto enthusiasts have been expecting to see a surge in the price of the privacy-oriented digital asset after this move. But the price has been lingering around $52 for quite a while now. At the moment of writing this article, XMR is trading in the red…

  • Monero Mining Profitability Falls To New Lows – XMR Is Struggling Above $52

    Monero Mining Profitability Falls To New Lows – XMR Is Struggling Above $52

    Monero cannot seem to recover in terms of pricing, and the coin keeps struggling above $52. Mining profitability drops to new lows The latest data coming from BitInfo Charts revealed that the mining profitability on the Monero blockchain has fallen to new lows. This shows returns that are lower than even the ones that have…

  • Monero Price: XMR/USD Finds Resistance At The SMA 20 Curve

    Monero Price: XMR/USD Finds Resistance At The SMA 20 Curve

    Today the crypto market is looking both red and green with a lot of coins struggling to recover after the recent falls in prices. The pair XMR/USD has been trading in a really narrow range between $56 and $52. Monero sees consolidation At the moment of writing this article, the privacy-oriented coin is trading in…

  • Crypto Predictions: Bitcoin, Litecoin And Monero

    Crypto Predictions: Bitcoin, Litecoin And Monero

    The crypto market seems pretty slow today with the most important coins trading in the red at the moment of writing this article. FX Street brings up some new predictions targeting some essential coins in the crypto space. They’re addressing the state of Bitcoin, Litecoin, and Monero. BTC to surge to $100k by the end…

  • Monero’s Price Rally Seems To Pause With A Consolidation

    Monero’s Price Rally Seems To Pause With A Consolidation

    The crypto market doesn’t look great today, with the most important digital assets trading in the red. The market is searching for a robust price boost for a long time, and it seems that it’s still under a strong grip of the bears. Monero in the crypto market Monero has come up with a price…

  • Monero’s Hasrate Surged By 186% Following The Upgrade

    Monero’s Hasrate Surged By 186% Following The Upgrade

    Monero has reportedly witnessed its hashrate rise exponentially after the RandomX upgrade despite there’s a lackluster movement in price. One of the most important upgrades that this change included is the shift of the mining algorithm from CryptoNightR to RandomX. This new algorithm puts ASIC miners at a disadvantage, and it also limits GPU mining…

  • Monero News: Size Of Mining Bots On RandomX Will Get Smaller

    Monero News: Size Of Mining Bots On RandomX Will Get Smaller

    As you already know, Monero upgraded its network recently. One of the most important upgrades that this change included is the shift of the mining algorithm from CryptiNightR to RandomX. This new algorithm puts ASIC miners at a disadvantage and it also limits GPU mining to an extent. Decreasing botnets and malware mining Mining will…

  • Monero Loses “Quarters Of Miners” Following Shift To RandomX

    Monero Loses “Quarters Of Miners” Following Shift To RandomX

    As you know by now, Monero just underwent a hard fork not too long ago, and everything turned out successfully. Monero has upgraded the network to RandomX. The Monero developers have replaced the CryptoNight algorithm, which was used since the Genesis block by Monero with RandomX. In the crypto market, despite the high volatility, Monero…

  • Monero (XMR) Is Trading Below $55 Following The Hard Fork

    Monero kept making headlines lately due to the upgrade that the network went through. You probably know by now that the hard fork has been successfully completed, and the move upgraded the network to RandomX. This means that the Monero developers have replaced the CryptoNight algorithm, which was used since the Genesis block by Monero with…