Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
Monero (XMR) takes the spotlight as Samourai Wallet introduces an innovative feature enabling atomic swaps between Bitcoin (BTC) and XMR, propelling advancements in on-chain privacy. Tackling the issue of tainted change, this move addresses residual unspent transaction outputs (UTXOs) from Whirlpool Coinjoins, safeguarding transaction confidentiality.
The introduction of BTC to XMR atomic swaps signifies a remarkable leap in discreet transactions. Atomic swaps, enabling direct cryptocurrency exchanges sans intermediaries, gain an added layer of privacy with Samourai’s XMR integration. This feature’s genesis is in response to the challenge of tainted change, residual fragments compromising privacy and attracting unwarranted attention.
Samourai has revealed a feature that allows users to swap bitcoin for #monero without revealing their identities, which could revolutionize onchain privacy in #Bitcoin. https://t.co/jCt3EI2p2t
— Bitcoin News (@BTCTN) August 15, 2023
Monero, renowned for its privacy-oriented features, employs the Cryptonote protocol, utilizing ring signatures, stealth addresses, and bulletproofs to obfuscate sender and recipient details. This design makes Monero an ideal choice for those valuing financial confidentiality.
The potential for swift, trust-free exchanges between BTC and XMR through atomic swaps holds transformative promise. By bypassing intermediaries, this innovation reshapes cryptocurrency transactions, removing the reliance on third parties.
While Samourai’s BTC to XMR atomic swap feature garners praise from the privacy community, it also faces skepticism from certain bitcoin maximalists. Nonetheless, Samourai remains resolute in its roadmap, undeterred by criticism.
In a period where privacy concerns among cryptocurrency enthusiasts have diminished, Samourai’s dedication to enhancing privacy tools and Monero’s commitment to confidentiality stand as cornerstones of progress amid evolving crypto dynamics.
Potential Impact on Monero: The Implications of Recent Developments
The introduction of BTC to XMR atomic swaps by Samourai Wallet could potentially affect the price of Monero (XMR) in several ways. This development may lead to increased demand for Monero due to its privacy features and expanded utility. Positive sentiment around Monero’s enhanced functionality could attract more investors and traders, potentially driving up the price. Additionally, aligning with privacy-conscious users might boost interest in Monero
Key XMR Levels To Monitor: July 10
Key XMR Levels To Monitor: July 10Monero exhibited a bullish surge during June. Over a twelve-day period from June 15th to June 27th, the XMR price climbed by 30 per cent. This bullish momentum was sparked as the Stochastic indicator signalled market oversold conditions. Presently, the market is undergoing a retracement phase, evident in the gradual decline due to the prevailing bullish trend. Notably, the market has tested a support level on the daily chart. Anticipated is a forthcoming ascent aiming to propel the market back to the $172.0 level.
XMR Key Levels
Demand Levels: $150.0, $135.0, $125.0
Supply Levels: $165.0, $172.0, $188.0
Total Market Capitalization: $1.20T
Monero Market Capitalization: $2.8B
Monero Volume: $71M
Market Rank: #25
You can purchase Lucky Block here. Buy LBLOCK
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
