MoneroNews

MoneroNews

Background, news, and opinions on Monero and the future of financial privacy and security.


What Does The Price Of A Cryptocurrency Mean?

17 Sep 2021 4 minute read 0 comments gmoney777

We read about prices of cryptocurrencies going up and down every day. But what does the market price mean, why is it always changing, and why is it not consistent?   Cryptocurrencies, similarly to stock and commodities markets, trade based on public...

Monero In The Market: 12/22/2020

22 Dec 2020 2 minute read 0 comments gmoney777

Monero Current Price (12/22/2020 at 11 AM ET): $154.7 (+5.4%)* Monero has had some wild movements, hitting lows of $144 around 3 PM yesterday (12/21/20) and 4 AM this morning (12/22/20). However, Monero has now recovered and is trading between the ex...

Monero In The Market: 12/21/2020

21 Dec 2020 1 minute read 0 comments gmoney777

Monero Current Price (12/21/2020 at 1 AM ET): $152.1 (-1.3%)* Monero (while volatile) has been decreasing in volatility. Over the last 24 hours (Sunday 12/20) Monero has traded between $151.3 and $156.9, a range of $5.6 and closing at $152.2. The pre...

Warning! Ledger Hacked, Private User Information Leaked (Ongoing)

21 Dec 2020 1 minute read 2 comments gmoney777

WARNING! I recently had a post that mentioned using Ledger wallets (Nano S and Nano X) for safe HODLing. Please do not use Ledger wallets (Nano X, Nano S) until all further legal and security issues are resolved. Ledger had been hacked before and it...

How Do You Get Monero?

20 Dec 2020 5 minute read 2 comments gmoney777

Edit 12/20/2020: WARNING! I recently mentioned using Ledger wallets (Nano S and Nano X) for safe HODLing. Please do not use Ledger wallets (Nano X, Nano S) until all further legal and security issues are resolved. Ledger had been hacked before and it...

Monero In The Market: 12/20/2020

20 Dec 2020 1 minute read 0 comments gmoney777

Monero Current Price: $154.9 In the last 24 hours, Monero has been noticeably less volatile. According to Kraken, Monero saw swings Friday from $142.4 to $163.9 and finished at $155.8, whereas Saturday saw swings from $151.7 to $158.4, finishing down...

Privacy Coins: Differences Between XMR and ZEC

19 Dec 2020 4 minute read 0 comments gmoney777

In the evolving world of cryptocurrencies, there are growing concerns with protecting one's privacy. To combat this, many privacy networks have been implemented. Currently, the two most popular privacy coins are Monero (XMR) and Zcash (ZEC). However,...

Monero In The Market: Recap and Forecast 12/19/2020

19 Dec 2020 1 minute read 0 comments gmoney777

What a week for cryptocurrencies as Bitcoin (BTC) passed 20k, 21k, and 22k like butter. But, what does this mean for Monero (XMR)? Monero has increased over 227% on the year, over 28% this past month, and over 7% in the past week. Monero has been exp...

Who Controls Monero?

19 Dec 2020 1 minute read 0 comments gmoney777

Many cryptocurrencies are semi or fully centrally controlled, such as with XRP. In these systems, there is a centralized ledger that records all transactions. In other systems, there are network validators that approve transactions. In contrast, Mone...

How Does Monero Work? A Quick Explanation

19 Dec 2020 1 minute read 0 comments gmoney777

Monero is about privacy - nobody but you will see ever where you sent Monero from, how much you sent, or who you sent it to. But how is Monero able to do this? With Bitcoin, Bitcoins are stored in your wallet that has a specific address. The purpose...