Monero Hard-Fork Update May Be a Case of ‘Buy the Rumor, Sell the News’ – BeInCrypto

Privacy coin Monero has seen a huge price increase this year, along with a software update via a hard fork and the possibility of Atomic Swaps.

Monero’s rising price has been screaming for attention for weeks.

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Monero (XMR) Solidifies Bullish Trend with Ongoing Rally – BeInCrypto

The Monero (XMR) price has regained all of its losses resulting from the Sept 2-4 crash and is currently making an attempt to break out above a major resistance level.

The XMR price is currently trading near an important resistance area found at $132. The area is the 0.

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The IRS Will Be Examining Crypto Exchanges More Closely Soon

The United States Internal Revenue Service (IRS) looks to be accelerating its examination of cryptocurrency exchanges.

The agency has been working with multiple startups to monitor transactions, including contracts to trace Monero transactions.

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IRS Offers $625K Bounty to Break Monero or Lightning Network Privacy – BeInCrypto

The US Internal Revenue Service is offering up to $625,000 to anyone who can successfully trace either Bitcoin Lightning Network or Monero transactions. Submitted last week, the request notes a rise in the number of both legal and illicit uses of such privacy-enhancing tools.

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Coin Usage Data Suggests Privacy No Longer a Priority for Most Cryptocurrency Users – BeInCrypto

New data from the blockchain analysis firm CoinMetrics shows that despite the availability of privacy coins like Monero, Grin, and Zcash, crypto users are not using these coins to their full potential.

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CipherTrace Touts New Monero Tracking Tool, Critics Call Foul – BeInCrypto

Monero (XMR) was once touted by enthusiasts and criminals alike as the panacea for anonymous transactions. Now, analysts at the blockchain security firm CipherTrace have created the first-of-its-kind tool for tracking Monero transactions.

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