Search results for THORChain
Crypto
Monero builds momentum, eyes $600 after breaking $558 resistance
Monero (XMR) has moved above the $558 resistance level and is eyeing $600. XMR rose about 4 percent over 24 hours and is now trading above $592, with attention on whether the rebound is short-lived or leads to further gains. The rally began in August after XMR broke $410. A THORChain upgrade expanded swap routes, while exchange supply fell as investors moved holdings to private wallets. Signs of overheating and EU delisting pressure through 2027 remain risks.
Crypto
Samson Mow says Zcash market cap too high as ZEC rally stalls
Bitcoin hardliner Samson Mow (샘슨 모우) questioned Zcash’s sharp rise, arguing its market capitalisation is excessive after the token surged more than 1,000 percent since the start of the year. He said Zcash’s value was artificially inflated and would revert to the mean, adding there was not enough speculative money to sustain its position as a top-10 cryptocurrency with a market cap above $22 billion. Zcash supporters pointed to network upgrades and shifting liquidity conditions.
Crypto
Coldcard third attack sees 45 percent of stolen assets moved, signs of laundering of 97.09 BTC
About 45 percent of the funds stolen in a third attack targeting Coldcard bitcoin wallets has already been moved, as the attacker continues shifting assets using coinjoin and cross-chain transactions, according to Galaxy Research. It said 97.09 BTC has been moved so far, worth about $7.8 million at the time. Galaxy also identified a new set of 58 addresses that could raise total stolen bitcoin to 1,806 BTC, about $143.9 million at current prices.