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Unstoppable Domains partners with Cake Wallet to launch .xmr domains for Monero users #UnstoppableDomains has partnered with #CakeWallet to introduce a new top-level domain, .xmr, for #Monero users. This integration allows Monero #XMR holders to send and receive transactions using easy-to-read addresses instead of long, complex strings. The move aims to simplify the user experience and promote wider adoption of Monero.
Unstoppable Domains partners with Cake Wallet to launch .xmr domains for Monero users

#UnstoppableDomains has partnered with #CakeWallet to introduce a new top-level domain, .xmr, for #Monero users. This integration allows Monero #XMR holders to send and receive transactions using easy-to-read addresses instead of long, complex strings. The move aims to simplify the user experience and promote wider adoption of Monero.
Investigation by #zachxbt : Last month, a highly sophisticated social engineering attack orchestrated by three individuals—Greavys (Malone Iam), Wiz (Veer Chetal), and Box (Jeandiel Serrano)—resulted in the theft of $243 million from a single victim. The attack began on August 19, 2024, when the group impersonated Google and Gemini support to compromise the victim's accounts. They tricked the victim into resetting two-factor authentication and transferring funds to a compromised wallet, even gaining access to private keys via AnyDesk screen-sharing software. The stolen funds, including 4064 $BTC , were quickly split among the group and funneled through over 15 exchanges, being swapped between #bitcoin☀️ , #Litecoin , #Ethereum , and #Monero . Wiz's identity was uncovered when he inadvertently shared his full name during a screen share. Greavys flaunted his stolen wealth by living lavishly in Los Angeles and Miami, while Box played a key role in impersonating a Gemini representative. Thanks to the efforts of investigators and the @Binance Security Team, over $9 million was frozen, and more than $500,000 has already been returned to the victim. The investigation culminated in the arrests of Greavys and Box, with further funds likely seized at the time of arrest.
Investigation by #zachxbt :
Last month, a highly sophisticated social engineering attack orchestrated by three individuals—Greavys (Malone Iam), Wiz (Veer Chetal), and Box (Jeandiel Serrano)—resulted in the theft of $243 million from a single victim. The attack began on August 19, 2024, when the group impersonated Google and Gemini support to compromise the victim's accounts. They tricked the victim into resetting two-factor authentication and transferring funds to a compromised wallet, even gaining access to private keys via AnyDesk screen-sharing software.

The stolen funds, including 4064 $BTC , were quickly split among the group and funneled through over 15 exchanges, being swapped between #bitcoin☀️ , #Litecoin , #Ethereum , and #Monero . Wiz's identity was uncovered when he inadvertently shared his full name during a screen share. Greavys flaunted his stolen wealth by living lavishly in Los Angeles and Miami, while Box played a key role in impersonating a Gemini representative.

Thanks to the efforts of investigators and the @Binance Security Team, over $9 million was frozen, and more than $500,000 has already been returned to the victim. The investigation culminated in the arrests of Greavys and Box, with further funds likely seized at the time of arrest.
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Bullish
ChatGPT picks 3 privacy cryptocurrencies to hedge surveillance 1. Monero ($XMR )- #Monero is the leading privacy cryptocurrency by market capitalization, hiding all activities from third-party surveillance. XMR is now trading at $161.46 by press time, in a yearly consolidation range going as low as $118.5 in November 2022 and as high as $186.18 per coin in January 2023. 2. ZCash ($ZEC )- Meanwhile, #ZCash ranks in the 152nd position by market cap. Its protocol offers a more flexible experience to users that can defend their fundamental human rights of privacy at will by choosing what monetary information they want to conceive or not. #ZEC is trading in a yearly downtrend at $27.98 by press time. Having lost close to 48% of its value year-over-year (YoY). 3. Dash ($DASH )- #DASH is now trading in a yearly support zone, close to its lowest price YoY. At the time of publication, Dash is changing hands by $28.29 per coin, sitting in the 116th position by market cap.
ChatGPT picks 3 privacy cryptocurrencies to hedge surveillance

1. Monero ($XMR )-

#Monero is the leading privacy cryptocurrency by market capitalization, hiding all activities from third-party surveillance. XMR is now trading at $161.46 by press time, in a yearly consolidation range going as low as $118.5 in November 2022 and as high as $186.18 per coin in January 2023.

2. ZCash ($ZEC )-

Meanwhile, #ZCash ranks in the 152nd position by market cap. Its protocol offers a more flexible experience to users that can defend their fundamental human rights of privacy at will by choosing what monetary information they want to conceive or not.
#ZEC is trading in a yearly downtrend at $27.98 by press time. Having lost close to 48% of its value year-over-year (YoY).

3. Dash ($DASH )-

#DASH is now trading in a yearly support zone, close to its lowest price YoY. At the time of publication, Dash is changing hands by $28.29 per coin, sitting in the 116th position by market cap.
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Neutral Cryptocurrencies: Focus on Privacy In the world of cryptocurrencies, there are projects aimed at ensuring confidentiality and anonymity of transactions. Here are some of the most famous "neutral" coins: 1. Monero ($XMR) is one of the first private cryptocurrencies with a confidential transaction protocol. 2. Zcash ($ZEC) - uses zero-knowledge proofs to maintain the anonymity of the sender, recipient and amount. 3. Dash ($DASH) - Offers a PrivateSend feature to anonymize transactions through mixing. 4. Verge ($XVG) - uses Tor and I2P technology to ensure the anonymity of IP addresses and locations. 5. Grin ($GRIN) - built on the Mimblewimble protocol to increase privacy and scalability. 6. Beam ($BEAM) - also uses Mimblewimble and zero-knowledge proofs for private transactions. These cryptocurrencies focus on protecting user privacy by offering various solutions to anonymize transactions and maintain confidentiality. What do you think about these neutral-private cryptocurrencies? Write in the comments and subscribe, all the best! #НейтральныеКриптовалюты #Monero #Приватность
Neutral Cryptocurrencies: Focus on Privacy

In the world of cryptocurrencies, there are projects aimed at ensuring confidentiality and anonymity of transactions.

Here are some of the most famous "neutral" coins:

1. Monero ($XMR) is one of the first private cryptocurrencies with a confidential transaction protocol.

2. Zcash ($ZEC ) - uses zero-knowledge proofs to maintain the anonymity of the sender, recipient and amount.

3. Dash ($DASH ) - Offers a PrivateSend feature to anonymize transactions through mixing.

4. Verge ($XVG) - uses Tor and I2P technology to ensure the anonymity of IP addresses and locations.

5. Grin ($GRIN) - built on the Mimblewimble protocol to increase privacy and scalability.

6. Beam ($BEAM) - also uses Mimblewimble and zero-knowledge proofs for private transactions.

These cryptocurrencies focus on protecting user privacy by offering various solutions to anonymize transactions and maintain confidentiality.

What do you think about these neutral-private cryptocurrencies?

Write in the comments and subscribe, all the best!

#НейтральныеКриптовалюты #Monero #Приватность
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Bearish
I'm new to trading. I'm trying out a new strategy. This is my analysis on $XMR. Can anyone tell me if this is correct? The trade is running at a profit for now. Should I close or hold? #XMR/USDT #Monero #FutureTradingTips
I'm new to trading. I'm trying out a new strategy. This is my analysis on $XMR. Can anyone tell me if this is correct? The trade is running at a profit for now. Should I close or hold?

#XMR/USDT #Monero #FutureTradingTips
FORBES UNMASKS OVERVALUED BLOCKCHAINS! 🚨 Do We Agree? 🤔 Forbes has recently published a report that contains those blockchain without a clear purpose to exist. So basically those tokens with high valuations but limited utility. Forbes outlines the fact that they only increased on value because Bitcoin raised. Specifically this Forbes journalist (JJ) pointed his finger to: Ripple (XRP), Ethereum Classic (ETC), Tezos ($XTZ ), Algorand ($ALGO ), Monero (XMR) and Cardano ($ADA ). JJ came up with an example saying that XRP isn't big deal for banks anymore and thus is just traded for speculation. Also adding that Tezos, Algorand and Monero have low real-world action (utility) and struggling to get more users and developers. Personally I disagree with Forbes. First of all it's not correct to compare apples with pears. Monero is a privacy coin and consequently its utility its way different from the others. Also, banks are only now approaching cryptocurrencies due to the introduction of regulatory guidelines. So saying that XRP has failed with banks is too early. At least, struggling on hiring developers depends on the amount of users that are on the platform. Why a blockchain should keep hiring developers since its user base doesn't increase? Do You Agree With This Forbes Journalist? 🤔 Let Me Know In The Comments 👇 STAY TUNED!🔥& Remember, Your Support Is MASSIVELY Appreciated!👍💪 - DYOR 🙏 NFA.🤝 #CryptoUpdates #RippleXRP #Monero #Altcoins2024
FORBES UNMASKS OVERVALUED BLOCKCHAINS! 🚨 Do We Agree? 🤔

Forbes has recently published a report that contains those blockchain without a clear purpose to exist. So basically those tokens with high valuations but limited utility. Forbes outlines the fact that they only increased on value because Bitcoin raised. Specifically this Forbes journalist (JJ) pointed his finger to: Ripple (XRP), Ethereum Classic (ETC), Tezos ($XTZ ), Algorand ($ALGO ), Monero (XMR) and Cardano ($ADA ). JJ came up with an example saying that XRP isn't big deal for banks anymore and thus is just traded for speculation. Also adding that Tezos, Algorand and Monero have low real-world action (utility) and struggling to get more users and developers.

Personally I disagree with Forbes. First of all it's not correct to compare apples with pears. Monero is a privacy coin and consequently its utility its way different from the others. Also, banks are only now approaching cryptocurrencies due to the introduction of regulatory guidelines. So saying that XRP has failed with banks is too early. At least, struggling on hiring developers depends on the amount of users that are on the platform. Why a blockchain should keep hiring developers since its user base doesn't increase?

Do You Agree With This Forbes Journalist? 🤔 Let Me Know In The Comments 👇

STAY TUNED!🔥& Remember, Your Support Is MASSIVELY Appreciated!👍💪 - DYOR 🙏 NFA.🤝

#CryptoUpdates #RippleXRP #Monero #Altcoins2024
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Bullish
#Monero is still trading above its support. Technically, it will remain bullish as long as it doesn't fall below 133.00. It's moving in a clear horizontal channel, and whichever way it breaks will determine its future trend. #XMR #TechnicalAnalysis
#Monero is still trading above its support.

Technically, it will remain bullish as long as it doesn't fall below 133.00.

It's moving in a clear horizontal channel, and whichever way it breaks will determine its future trend.
#XMR
#TechnicalAnalysis
Who's satoshi nakamoto? Who knows 🤷‍♂️ on 2008 there is this old man that love playing Rising Force online as a girl player in game internet cafe, this old man is a pro forex trader. That time am still a middle school boy, and I were asking him how to trade in forex do you know what he gave me instead? 2500 $BTC , and I forget the other 2 coin if I'm not wrong its either $LTC or #Monero The wallet is a type that you need to synchronized for quite long time before it shows balance. At that time he said it was future digital money, so on that time it doesn't have any value at all. I used to go play to his house since I was a child, and when #bitcoin starting to booming on 2011 this old man gone, no one knows where he goes. Its like no one remember about him. And I don't know why, I believe its not only me that have this kind of experience, you meet one of them too before and you believe in them. In my case, I was a naive rich kid so I dont care about it. But now I regret it 😂 Sometimes I hope someone can hypnotize me to find out what the key 🗝️ is that locked for really long time in my mind 🤦‍♂️ #WeAreAllSatoshi
Who's satoshi nakamoto? Who knows 🤷‍♂️ on 2008 there is this old man that love playing Rising Force online as a girl player in game internet cafe, this old man is a pro forex trader. That time am still a middle school boy, and I were asking him how to trade in forex do you know what he gave me instead? 2500 $BTC , and I forget the other 2 coin if I'm not wrong its either $LTC or #Monero

The wallet is a type that you need to synchronized for quite long time before it shows balance. At that time he said it was future digital money, so on that time it doesn't have any value at all.

I used to go play to his house since I was a child, and when #bitcoin starting to booming on 2011 this old man gone, no one knows where he goes. Its like no one remember about him.

And I don't know why, I believe its not only me that have this kind of experience, you meet one of them too before and you believe in them. In my case, I was a naive rich kid so I dont care about it. But now I regret it 😂 Sometimes I hope someone can hypnotize me to find out what the key 🗝️ is that locked for really long time in my mind 🤦‍♂️

#WeAreAllSatoshi
⚡ Coin of the day by social activity - Monero (XMR) Monero is a cryptocurrency that uses a blockchain with privacy-enhancing technologies to obfuscate transactions to achieve anonymity and fungibility. #Monero #XMR #privacy
⚡ Coin of the day by social activity - Monero (XMR)

Monero is a cryptocurrency that uses a blockchain with privacy-enhancing technologies to obfuscate transactions to achieve anonymity and fungibility.

#Monero #XMR #privacy
Monero may fall to 171.8 - 173.1 Our pivot point is at 177.3. Our preference The downside prevails as long as 177.3 is resistance. Alternative scenario The upside breakout of 177.3, would call for 179.5 and 180.7. Comment The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 177.5 and 175.8). Supports and resistances 180.7 ** 179.5 * 177.3 ** 176.5 175.6 last 173.1 171.8 ** 170.5 * 169.3 ** "I'm a digital nomad, and your generous cash tips help me further my research and travels. Thank you!" #Monero #XMR
Monero may fall to 171.8 - 173.1

Our pivot point is at 177.3.
Our preference
The downside prevails as long as 177.3 is resistance.

Alternative scenario
The upside breakout of 177.3, would call for 179.5 and 180.7.

Comment
The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 177.5 and 175.8).

Supports and resistances
180.7 **
179.5 *
177.3 **
176.5
175.6 last
173.1
171.8 **
170.5 *
169.3 **

"I'm a digital nomad, and your generous cash tips help me further my research and travels. Thank you!"

#Monero #XMR
Monero Price Jumps 10% Today! Will XMR Price Reclaim $200? After recording a bearish action on Wednesday, the cryptocurrency market has experienced a strong bullish recovery by adding over 3% to its portfolio within the past 24 hours. Further, the market leader, $BTC price has reclaimed the $67,000 mark. With the increased price volatility in the crypto space, the Monero price has recorded a jump of 9.51% within the past day with a trading volume of $130.26 Million, a change of +68.88%. Further, it has added 5.12% within the past week and has a YTD return of over 2%. Notably, this altcoin is currently trading at a discount of 67.13% from its ATH of $517.62. With a trading price of $169.21, the XMR crypto has secured the 28th position with a market capitalization of $3.107 Billion. The 50-day EMA constantly acts as a support to the price chart in the 1D time frame, indicating a strong bullish sentiment in the crypto market. The Moving Average Convergence Divergence (MACD) displays a constant green histogram with its averages recording a bullish action. This highlights a positive outlook for the Monero price in the cryptocurrency market. $BTC $ETH $ #Bitcoin_Coneference_2024 #Monero #BinanceTurns7 #ETH_ETFs_Approval_Predictions #SOFR_Spike
Monero Price Jumps 10% Today! Will XMR Price Reclaim $200?

After recording a bearish action on Wednesday, the cryptocurrency market has experienced a strong bullish recovery by adding over 3% to its portfolio within the past 24 hours. Further, the market leader, $BTC price has reclaimed the $67,000 mark.

With the increased price volatility in the crypto space, the Monero price has recorded a jump of 9.51% within the past day with a trading volume of $130.26 Million, a change of +68.88%. Further, it has added 5.12% within the past week and has a YTD return of over 2%.

Notably, this altcoin is currently trading at a discount of 67.13% from its ATH of $517.62. With a trading price of $169.21, the XMR crypto has secured the 28th position with a market capitalization of $3.107 Billion.
The 50-day EMA constantly acts as a support to the price chart in the 1D time frame, indicating a strong bullish sentiment in the crypto market.
The Moving Average Convergence Divergence (MACD) displays a constant green histogram with its averages recording a bullish action. This highlights a positive outlook for the Monero price in the cryptocurrency market.

$BTC $ETH $

#Bitcoin_Coneference_2024 #Monero #BinanceTurns7 #ETH_ETFs_Approval_Predictions #SOFR_Spike
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Bullish
SUI and ZETA stole the spotlight this week, leading the charge with impressive gains and strong upward momentum. Meanwhile, Monero saw a slight dip, reminding us of the ever-changing landscape of the crypto market. Some tokens are on the rise, while others face minor setbacks—highlighting the dynamic and unpredictable nature of the space. Stay tuned to see how these trends evolve on Binance! #CryptoGains #ZETA #Monero #Binance #MarketUpdate
SUI and ZETA stole the spotlight this week, leading the charge with impressive gains and strong upward momentum. Meanwhile, Monero saw a slight dip, reminding us of the ever-changing landscape of the crypto market. Some tokens are on the rise, while others face minor setbacks—highlighting the dynamic and unpredictable nature of the space.

Stay tuned to see how these trends evolve on Binance!

#CryptoGains #ZETA #Monero #Binance #MarketUpdate
On the 1-hour chart, #Monero $XMRBTC has broken out of the top trendline of a symmetrical triangle formation. Nonetheless, I see an inverted hammer doji, which may indicate a price reversal, possibly causing price to re-test the trendline. #crypto2023 #Cryptocurrencies #dyor
On the 1-hour chart, #Monero $XMRBTC has broken out of the top trendline of a symmetrical triangle formation.
Nonetheless, I see an inverted hammer doji, which may indicate a price reversal, possibly causing price to re-test the trendline.
#crypto2023 #Cryptocurrencies #dyor
A New Era for Monero: RINO Launches B2B Self-Custody and API SolutionRINO is the only enterprise wallet for Monero that has multi-signature security. Designed for teams and organizations, RINO provides features such as spending limits and four-eye approvals.  Monero is the number one privacy-focused cryptocurrency in the world. While Bitcoin and Ethereum reveal every transaction to the world, Monero’s unique cryptography provides the privacy that traditional pre-crypto finance takes for granted. Businesses do not, in general, want their entire financial activity made public in real time.  RINO Announces Free Access to Enterprise Wallet and API  Trading desks, Funds, Exchanges, and indeed any organization that handles or wants to handle Monero can benefit from RINO’s highly secure workflows. Using RINO, organizations can control spending and viewing responsibilities throughout their organization – instituting multilayer sign-offs, viewing privileges, spending limits, and more. And RINO is offering all of this for free for the first year of usage.  BinaryFate, a Monero core-team member and early RINO investor, expressed enthusiasm, stating, “The RINO API release is one more step in making Monero an equal player on the global crypto stage. Bitcoin and Ethereum have Fireblocks, Bitgo, and Copper. Now Monero has RINO.”  API Unleashes New Possibilities for Businesses  RINO’s features can all be accessed through either the web interface or the newly released API. With the unveiling of RINO’s API for the Monero enterprise wallet, businesses can now seamlessly integrate RINO’s features into their own systems.  RINO’s API features:  ● Automated workflows  ● Automated transaction creation, with or without human approval  ● Multi-user access with roles  ● Well-documented, RESTful API, with a live playground for testing  ● Credentials and private keys remain locally on premises  Get Started with RINO Today  RINO sign-up is instant, without the hassle of sales negotiations or subscription models. The API is accessible through an SDK, available as a Docker image on DockerHub, allowing for a hassle-free setup. RINO remains free for the first year of use, enabling businesses to try out RINO’s benefits without any risk or up-front cost.  For more information, visit https://www.rino.io or contact sales@rino.io About Rino RINO is a cutting-edge financial technology company specializing in cryptocurrency wallet solutions. Launched as a result of the collaboration of three Monero industry stalwarts, RINO aims to address the gap in professional tools for enterprises holding Monero. Their primary product, the RINO wallet, is designed for businesses and organizations, offering self-custody with enhanced security features. RINO stands out with its professional features like 2FA authentication, multisignature technology, and the ability to manage access and spending limits within organizations. It’s an always-on, always-synced self-custody wallet accessible from any device. The post A New Era for Monero: RINO Launches B2B Self-Custody and API Solution appeared first on Visionary Financial.

A New Era for Monero: RINO Launches B2B Self-Custody and API Solution

RINO is the only enterprise wallet for Monero that has multi-signature security. Designed for teams and organizations, RINO provides features such as spending limits and four-eye approvals. 

Monero is the number one privacy-focused cryptocurrency in the world. While Bitcoin and Ethereum reveal every transaction to the world, Monero’s unique cryptography provides the privacy that traditional pre-crypto finance takes for granted. Businesses do not, in general, want their entire financial activity made public in real time. 

RINO Announces Free Access to Enterprise Wallet and API 

Trading desks, Funds, Exchanges, and indeed any organization that handles or wants to handle Monero can benefit from RINO’s highly secure workflows. Using RINO, organizations can control spending and viewing responsibilities throughout their organization – instituting multilayer sign-offs, viewing privileges, spending limits, and more. And RINO is offering all of this for free for the first year of usage. 

BinaryFate, a Monero core-team member and early RINO investor, expressed enthusiasm, stating, “The RINO API release is one more step in making Monero an equal player on the global crypto stage. Bitcoin and Ethereum have Fireblocks, Bitgo, and Copper. Now Monero has RINO.” 

API Unleashes New Possibilities for Businesses 

RINO’s features can all be accessed through either the web interface or the newly released API. With the unveiling of RINO’s API for the Monero enterprise wallet, businesses can now seamlessly integrate RINO’s features into their own systems. 

RINO’s API features: 

● Automated workflows 

● Automated transaction creation, with or without human approval 

● Multi-user access with roles 

● Well-documented, RESTful API, with a live playground for testing 

● Credentials and private keys remain locally on premises 

Get Started with RINO Today 

RINO sign-up is instant, without the hassle of sales negotiations or subscription models. The API is accessible through an SDK, available as a Docker image on DockerHub, allowing for a hassle-free setup. RINO remains free for the first year of use, enabling businesses to try out RINO’s benefits without any risk or up-front cost. 

For more information, visit https://www.rino.io or contact sales@rino.io

About Rino

RINO is a cutting-edge financial technology company specializing in cryptocurrency wallet solutions. Launched as a result of the collaboration of three Monero industry stalwarts, RINO aims to address the gap in professional tools for enterprises holding Monero. Their primary product, the RINO wallet, is designed for businesses and organizations, offering self-custody with enhanced security features. RINO stands out with its professional features like 2FA authentication, multisignature technology, and the ability to manage access and spending limits within organizations. It’s an always-on, always-synced self-custody wallet accessible from any device.

The post A New Era for Monero: RINO Launches B2B Self-Custody and API Solution appeared first on Visionary Financial.
🚨 Monero Delisting Sparks Fears of Binance's Decline! 💥 Monero, the prominent privacy coin, faced a steep decline as Binance dropped a bombshell, announcing its removal from the platform alongside other tokens like Aragon, Multichain, and Vai. In a move set for February 20, 2024, Binance declared the delisting of Monero and its affiliated pairs, including Bitcoin, Ether, Tether, and BNB. The exchange clarified that all trading orders would be automatically scrapped post the cessation of transactions for each pair, with support for these tokens ceasing after May 20, 2024. While Binance hinted at the possibility of converting delisted XMR into stablecoins after May 21, it cautioned that this wasn't guaranteed, adding an air of uncertainty to the situation. The decision, rooted in fostering a healthy crypto ecosystem and thwarting unethical practices, sent shockwaves through the Monero community, triggering a rapid price plunge. TradingView data recorded a staggering 19% drop to $136 on Binance shortly after the announcement. Despite a slight recovery, with Monero bouncing back to $140.30, the delisting debacle plunged its value to its lowest since mid-September 2023, raising concerns among investors and commentators alike. Stay tuned for further developments on this unfolding saga! 📉 #Monero #Binance #DelistingDrama #TradeNTell #Write2Earn $XMR $SOL $BNB
🚨 Monero Delisting Sparks Fears of Binance's Decline! 💥

Monero, the prominent privacy coin, faced a steep decline as Binance dropped a bombshell, announcing its removal from the platform alongside other tokens like Aragon, Multichain, and Vai.

In a move set for February 20, 2024, Binance declared the delisting of Monero and its affiliated pairs, including Bitcoin, Ether, Tether, and BNB. The exchange clarified that all trading orders would be automatically scrapped post the cessation of transactions for each pair, with support for these tokens ceasing after May 20, 2024.

While Binance hinted at the possibility of converting delisted XMR into stablecoins after May 21, it cautioned that this wasn't guaranteed, adding an air of uncertainty to the situation.

The decision, rooted in fostering a healthy crypto ecosystem and thwarting unethical practices, sent shockwaves through the Monero community, triggering a rapid price plunge. TradingView data recorded a staggering 19% drop to $136 on Binance shortly after the announcement.

Despite a slight recovery, with Monero bouncing back to $140.30, the delisting debacle plunged its value to its lowest since mid-September 2023, raising concerns among investors and commentators alike.

Stay tuned for further developments on this unfolding saga! 📉

#Monero #Binance #DelistingDrama #TradeNTell #Write2Earn $XMR $SOL $BNB
Monero Plummets Following Binance Delisting: Predicting the Future of $XMR and Binance- Monero, a privacy coin, faces delisting from Binance by February 20th, leading to a significant crash exceeding 20%. - Industry analysts interpret this delisting as Binance yielding to governmental pressure targeting privacy-focused cryptocurrencies. - Chart analysis indicates a crash in Monero's price, but there are indications of a forthcoming bullish correction, particularly considering the strong support at the $100 mark. - If Monero manages to breach the $188 resistance level, it could trigger a rally aiming for price targets ranging between $290 to $520. Binance's Decision to Delist Monero Sparks Crypto Turbulence In a surprising move, Binance, one of the world's largest cryptocurrency exchanges, recently declared the delisting of three cryptocurrencies, including Monero, a renowned privacy-centric digital asset. This announcement, effective February 20, 2024, led to an immediate and substantial decline in Monero's value, reaching its lowest point since Q3 of 2023 within the last 24 hours. Monero, distinguished for its emphasis on privacy, deploys advanced cryptography to shield user identities and transaction details. The removal of Monero from Binance's offerings has raised concerns among industry experts, portraying it not just as a setback for Monero but also as a reflection of Binance's challenges amid an ongoing wave of regulatory scrutiny. Binance cited various reasons for delisting Monero and other tokens such as Aragon, Multichain, and Vai, emphasizing the need for maintaining the highest standards in coin offerings. However, skepticism lingers within the crypto community, suspecting Binance's decisions are prompted by external pressures from governments tightening regulations on privacy coins. The aftermath of Monero's delisting extends beyond the immediate market reaction. With Binance grappling with regulatory issues globally, the removal of Monero appears to amplify the exchange's struggles. Former CEO Changpeng Zhao's legal troubles, including a guilty plea for violating anti-money laundering laws, further contribute to the challenges faced by Binance. As the crypto industry witnesses a growing focus on regulatory compliance, the delisting of Monero is anticipated to have a ripple effect. This development underscores the broader regulatory landscape's impact on cryptocurrencies and affiliated companies. Meanwhile, Monero's current price volatility, marked by a recent 20% drop, hints at potential market opportunities, with a valid support zone at $100. The cryptocurrency's trading volume surge amid the dip suggests ongoing market interest, leaving room for speculation on its future price movements. It is essential for investors to approach cryptocurrency investments with caution, given their inherent volatility. The evolving regulatory environment, exemplified by Binance's challenges, emphasizes the need for thorough research and independent financial decision-making. #Monero #Binance #xmr #Crypto2024 #cryptocurrency $XMR

Monero Plummets Following Binance Delisting: Predicting the Future of $XMR and Binance

- Monero, a privacy coin, faces delisting from Binance by February 20th, leading to a significant crash exceeding 20%.
- Industry analysts interpret this delisting as Binance yielding to governmental pressure targeting privacy-focused cryptocurrencies.
- Chart analysis indicates a crash in Monero's price, but there are indications of a forthcoming bullish correction, particularly considering the strong support at the $100 mark.
- If Monero manages to breach the $188 resistance level, it could trigger a rally aiming for price targets ranging between $290 to $520.

Binance's Decision to Delist Monero Sparks Crypto Turbulence
In a surprising move, Binance, one of the world's largest cryptocurrency exchanges, recently declared the delisting of three cryptocurrencies, including Monero, a renowned privacy-centric digital asset. This announcement, effective February 20, 2024, led to an immediate and substantial decline in Monero's value, reaching its lowest point since Q3 of 2023 within the last 24 hours.
Monero, distinguished for its emphasis on privacy, deploys advanced cryptography to shield user identities and transaction details. The removal of Monero from Binance's offerings has raised concerns among industry experts, portraying it not just as a setback for Monero but also as a reflection of Binance's challenges amid an ongoing wave of regulatory scrutiny.
Binance cited various reasons for delisting Monero and other tokens such as Aragon, Multichain, and Vai, emphasizing the need for maintaining the highest standards in coin offerings. However, skepticism lingers within the crypto community, suspecting Binance's decisions are prompted by external pressures from governments tightening regulations on privacy coins.
The aftermath of Monero's delisting extends beyond the immediate market reaction. With Binance grappling with regulatory issues globally, the removal of Monero appears to amplify the exchange's struggles. Former CEO Changpeng Zhao's legal troubles, including a guilty plea for violating anti-money laundering laws, further contribute to the challenges faced by Binance.
As the crypto industry witnesses a growing focus on regulatory compliance, the delisting of Monero is anticipated to have a ripple effect. This development underscores the broader regulatory landscape's impact on cryptocurrencies and affiliated companies. Meanwhile, Monero's current price volatility, marked by a recent 20% drop, hints at potential market opportunities, with a valid support zone at $100. The cryptocurrency's trading volume surge amid the dip suggests ongoing market interest, leaving room for speculation on its future price movements.
It is essential for investors to approach cryptocurrency investments with caution, given their inherent volatility. The evolving regulatory environment, exemplified by Binance's challenges, emphasizes the need for thorough research and independent financial decision-making.

#Monero #Binance #xmr #Crypto2024 #cryptocurrency
$XMR
Monero Price Holds $150: Will XMR price Reach $180 by Mid-2023? Monero price is up by 4.86% since last month and recovered 20% from the recent swing low at $131.00. #Monero #XMR #crypto2023 #BTC #BNB
Monero Price Holds $150: Will XMR price Reach $180 by Mid-2023?
Monero price is up by 4.86% since last month and recovered 20% from the recent swing low at $131.00.
#Monero #XMR #crypto2023 #BTC #BNB
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