Category Archive : M

Monero Toggles Both Sides, Hard to Predict Strong Buying!

Heightened Anonymity and Privacy made Monero blockchain’s XMR cryptocurrency a real threat for the Bitcoin ecosystem as transactions could be traced to original users in the Monero ecosystem.

Historically, it has been witnessed that Monero rallies only while Bitcoin consolidates and takes a dip. As such, the retracement of Bitcoin from $66,500 to $63,000 has worked in favor of XMR enthusiasts.

Monero Price Analysis

Price action being stagnant has killed the hopes of new investors. Still, consistent trading volumes and surpassing the 200 DMA resistance with a strong buying candle indicate a possible bearish reversal to happen soon.

Monero Price Analysis

XMR heading above the 200 DMA level could indicate some positive stance, but the same should be reflected in the price action. Transaction volumes have mostly remained similar since the last few months, while RSI can be seen climbing to fresh levels. 

$245 is seen to emerge as a strong support level, while $318 has become an absolute resistance level for this price movement. Breaching the $318 – $320 level would indicate a possibility of reaching fresh highs. Watch out for a breakout near the $320 levels for some trending action.

Read more at www.cryptonewsz.com

Cryptocurrency Buy Signals For Tezos (XTZ), Monero (XMR) And Orion Protocol (ORN)

Cryptocurrency buy signals for Tezos (XTZ), Monero (XMR) and Orion Protocol (ORN)

Tezos (XTZ)

”Tezos

Above: Tezos (XTZUSD)

Tezos (XTZ) has made some impressive gains over the past few months, easy becoming one of the best outperformers of 2021. It’s experience some weakness, profit taking and an overall slump since hitting its most recent all-time high on October 4th. In fact, it’s currently trading -30% lower from its all-time high. Some consolidation has come in, but there still needs to be some clear conditions before creating a strong uptrend. Ultimately, the Lagging Span needs to remain above the candlesticks and in open space. For this to occur, bulls will need to push Tezos to new all-time highs. Or, buyers will have to wait roughly sixteen days where the threshold to put the Lagging Span above the candlesticks drops from $9.47 to $7.31.

Monero (XMR)

”Monero

Above: Monero (XMRUSD)

Monero (XMR) has nearly all conditions fulfilled to initiate an Ideal Bullish Ichimoku Breakout – save one. The close must be above the candlesticks. If you want a good chart image that is a perfect example of why the Cloud is horrible, just look at Monero’s…

Read more at www.exchangerates.org.uk

Monero (XMR) – Blockchain for Anonymous Transactions – Catching News

Let’s be completely honest with another. How many time have we thought that our information has been misused by different organizations? These organizations are out there on the internet that been called out for selling data or sometimes caught using their technology (if I may say) spy on us? A lot of moments where these thoughts came. This conversation has taken place a plethora of times. Whether it’s true or not, it is entirely another debate though.




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So let’s move to blockchain for a moment. It is a concept that blockchains are anonymous but are they? Yes, the transactions are fast, very safe but anonymous? No, it’s not completely. The addresses are shown of both the sender…

Read more at catchingnews.com

Monero Price Long-Term Prediction: A Rebound Awaits

The Monero price has been in a tight range in the past few days even as Bitcoin has surged to an all-time high. XMR is trading at $270, which is in the same range where it has been in the past few days. It has a market capitalization of more than $4.9 billion, making it the 39th biggest cryptocurrency in the world.

XMR has lagged

Monero is one of the best cryptocurrencies in the world because of its advanced privacy protections. Unlike Bitcoin, transactions done in Monero cannot be tracked. This makes it an excellent cryptocurrency to use by people in all professions. It is mostly used in the dark web, where criminals use it to avoid detection. It is also used by professionals like journalists who want to protect their sources.

While Monero works well, it is a relatively boring cryptocurrency. Unlike other peers, it rarely goes through network upgrades and events. As such, it is rarely mentioned in the news. In most cases such mentions tend to attract attention to currencies, which pushes their prices higher. For example, recently, Cardano price jumped ahead of the Alonzo upgrade while Ethereum rose ahead of the London hard fork. 

Read more at www.investingcube.com

Jonathan and Diana Toebbe Indicted On National Security Charges

A Navy engineer and his wife, who are accused of selling nuclear secrets to an undisclosed foreign country, were indicted on national security charges this week, federal prosecutors announced.

Jonathan Toebbe, 42, and Diana Toebbe, 45, are each charged with one count of conspiracy to communicate restricted data.

The couple is accused of violating the Atomic Energy Act by selling restricted data on nuclear reactors aboard warships to an undercover FBI agent posing as a representative for a foreign power, the indictment, obtained by Oxygen.com alleges. They’ve pleaded not guilty to the charges. 

In recent months, the couple allegedly smuggled memory cards to federal agents containing sensitive schematic designs of the U.S. Navy’s Virginia-class stealth attack submarines using peanut butter sandwiches, Band-Aids, and chewing gum wrappers at dead drop sites in several states. The FBI ultimately paid Jonathan and Diana Toebbe $100,000 in Monero cryptocurrency in exchange for a sampling of the illicit data, according to a criminal complaint obtained by Oxygen.com.

The couple, who communicated with the FBI using encrypted messaging, allegedly left their…

Read more at www.oxygen.com

Is Sumokoin And Manero The Same Coin? – Own Snap

Today, the Sumokoin price is gaining by 179.21% and is trading at a price of $0.1797. Many individuals are still interested in Sumokoin. Many individuals are interested in operational anonymity since projects that provide it consistently rank at the top of the ratings. They also give better transaction security. The new Monero is Sumokoin or Sumo. Monero, as you may know, has one major benefit: great secrecy. And Sumokoin has this benefit as well, which is unsurprising given the two coins’ link. But the most important factor is that the Sumokoin coin is being developed by an excellent team of developers.

Daniel Bernstein, an American mathematician, cryptographer, and programmer, for example, developed the foundation for its protocol. It was thanks to him that mixing became feasible, ensuring transaction anonymity. Sumokoin, although being a near relative of Monroe, exhibits real substitutability. As a result, Sumo has a lot in common with real, physical money, making it more accessible to the general public. Third parties, on the other hand, have no means of knowing where, when, or how much money was transferred.

Read more at ownsnap.com

The Newbie’s Guide to Mining Monero

Img source: cryptomode.com

Released in 2014, Monero (XMR) is a decentralized cryptocurrency that’s designed to address the privacy issues of Bitcoin (BTC), and as such, it offers users improved anonymity and fungibility. Aside from its top-notch privacy features, the cryptocurrency has proven itself to be a worthwhile investment. In particular, between January 2017 and 2018, the coin’s value increased from USD 13 to USD 329, providing investors with a return of around 2,530%.

Finally, XMR is also quite accessible. Unlike BTC and other cryptocurrencies that require miners to use an application-specific integrated circuit (ASIC), XMR is designed to be resistant to ASIC and can be mined using consumer-grade hardware. As long as they have a decent computer, stable internet connection, and access to an XMRwallet, users can start mining the coin without spending a lot of money.

Monero’s Privacy Features

Img source: winudf.com

Before mining or trading in XMR, newbies should become more familiar with the privacy features that set the cryptocurrency apart from others, as these elements are also central to how transactions using XMR are carried out. There are 3 technologies that…

Read more at www.istockanalyst.com

Government help needed to prevent cyberattacks in ag sector

The agricultural sector is designated as one of the country’s sixteen critical infrastructure industries, but historically has not received robust cybersecurity support from the government, according to a letter to the Department of Homeland Security from Iowa Republican Senators Chuck Grassley and Joni Ernst. The letter presses the agency to address the rise in ransomware attacks, particularly damaging to the agricultural industry.

A Russian cybercrime cell, BlackMatter, has attacked numerous U.S.-based organizations and has demanded ransom payments ranging from $80,000 to $15,000,000 in Bitcoin and Monero. In June, the world’s largest meat processing company, JBS, was attacked by REvil, shutting down nine meat packing plants in the United States. And in recent weeks, two Iowa grain operations were targeted.

The Cybersecurity and Infrastructure Security Agency, Federal Bureau of Investigation and National Security Agency published on Oct. 18 a cybersecurity advisory regarding BlackMatter ransomware cyber intrusions targeting multiple U.S. critical infrastructure entities, including two U.S. food and…

Read more at www.farmprogress.com

Agencies warn agriculture and food groups to protect against ransomware | 2021-10-20

Three federal agencies warned critical infrastructure entities, including food and agriculture organizations, to implement new recommendations and hopefully, protect against BlackMatter Ransomware attacks. The Cybersecurity and Infrastructure Security Agency, the Federal Bureau of Investigation and the National Security Agency put out a joint release on Monday, which includes technical details, analysis, and assessment of this cyber threat, as well as several mitigation actions that can be taken to reduce the risk to this ransomware. First seen in July 2021, BlackMatter is a ransomware-as-a-service (Raas) tool, which means the developers are able to profit from cybercriminal affiliates. BlackMatter actors have attacked numerous U.S.-based organizations and have demanded ransom payments ranging from $80,000 to $15,000,000 in Bitcoin and Monero, the release noted. Over the last several months, JBS, the world’s largest meat-processing corporation, suffered a ransomware attack, along with NEW Cooperative which makes farming software, and Crystal Valley cooperative, which handles farm supply and grain merchandising, in Minnesota. The joint advisory “highlights the evolving and…

Read more at www.agri-pulse.com

Mariah Carey backs Bitcoin in a new partnership with the Winklevoss twins’ Gemini crypto exchange

  • Pop star Mariah Carey is encouraging her followers to get on the Winklevoss twinscrypto exchange, Gemini, and buy Bitcoin.
  • Bitcoin is the world’s oldest cryptocurrency and has the largest market capitalisation — hitting an all time high of $1.2 trillion on Tuesday.
  • Back in 2017, she was among the 45 musicians that offered a 15% discount on merchandise as a part of ‘Project Coral Reef’, if buyers used cryptocurrency Monero to make the payment.

Canadian pop-music idol, Mariah Carey, is joining the legion of celebrities buying Bitcoin to diversify their portfolios. The five-time Grammy Award winner has hitched her crypto wagon to the Gemini crypto exchange, founded by the Winklevoss twins — Cameron and Tyler — famous for suing Mark Zuckerberg over the idea for Facebook.

In a video posted on Twitter and Instagram, Carey is offering fans $20 worth of
Bitcoin for free on signing up with Gemini. A portion of the trade done by these investors, which was not specified, will go towards Black Girls…

Read more at www.businessinsider.in

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