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Monero Price Rises 50% Amid Alleged Money Laundering Activities

Bitcoin News LogoBitcoin News17h ago

Monero Price Rises 50% Amid Alleged Money Laundering Activities - Bitcoin News

Quick Summary:

The price of Monero, a privacy-focused cryptocurrency, has risen by over 50% overnight on several exchanges, leaving crypto enthusiasts in search of an answer to this sudden increase.

Onchain sleuth ZachXBT alleged that this move had been caused by the swap of a high amount of bitcoin to XMR, propping up the price gains.

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Article Details

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-28 @ 08:45:49 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 28244273

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About Bitcoin News

Bitcoin News Logo

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 18 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 9 hours ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #62

Publisher Details

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Which news outlet covered this story?

The story "Monero Price Rises 50% Amid Alleged Money Laundering Activities" was covered 17 hours ago by Bitcoin News, a news publisher based in Japan.

How trustworthy is 'Bitcoin News' news outlet?

Bitcoin News is a fully independent (privately-owned) news outlet established in 2008 that covers mostly crypto news.

The outlet is headquartered in Japan and publishes an average of 18 news stories per day.

It's most recent story was published 9 hours ago.

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The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

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  • News ID: #28244273
  • URL: https://warm.beamstart.com/news/monero-price-rises-50-amid-17458300536069

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