[XMR] Monero Speculation

[cAPSLOCK]

So, I thought once Monero started hanging around this level, the most likely scenarios would be a brisk push in one direction or the other, but a less likely scenario would be that it would just form a new base here.

So the reason I've been excited is I feel like we have more ways to win than lose insofar as price.

But of course it's taking the path that I thought was least likely so far. That said, we are still pretty early in the narrow hanging around this prior range. It may still be only a short visit, but if it chooses to build a base at this level, that's not bad either.

[cAPSLOCK]

Good grief. I expected Manjaro to be a good buy when it dropped to 350, but I didn't expect it to come back this fast.

[Hueristic]

Good grief. I expected Manjaro to be a good buy when it dropped to 350, but I didn't expect it to come back this fast.

This doesn't hurt !!!

https://coinmarketcap.com/community/articles/6a18b0582b90f75abaff48ad/

US Securities and Exchange Commission (SEC) Commissioner Hester Peirce said financial privacy is becoming increasingly undervalued in US regulation, warning against treating privacy-preserving technologies with suspicion.

Speaking Wednesday at Georgetown Law, Peirce described privacy-enhancing technologies, including cryptographic tools, as legitimate components of modern financial infrastructure rather than tools primarily associated with criminal activity.

Peirce said that protecting financial privacy does not conflict with national security objectives.

https://www.sec.gov/newsroom/speeches-statements/peirce-remarks-crypto-task-force-roundtable-121525

Our national degradation of financial privacy and the rules that embody it are overdue for a change, and crypto is helping to nudge a reassessment. On the one hand, crypto opens new possibilities for transactions without the financial intermediaries that are central to existing financial surveillance programs. Tokenized securities transactions, for example, can occur without the intermediation of a broker. As our personal transactions become increasingly disintermediated, government will receive less information about those transactions from traditional channels. On the other hand, the public blockchains on which many crypto transactions take place are viewable by everyone, which creates a demand for privacy-protecting tools. Accordingly, as crypto usage increases, the public and relevant government agencies need to rethink when and how financial transactions are surveilled.

She's no fairy but she wields alphabet power.

[cAPSLOCK]

Yeah, I've always been a fan of Ms Peirce.

She seems to get it.

[Alpen]

The last two sessions have been an absolute rollercoaster for Monero. The price tanked sharply, breaking down below the sideways support level, only to rocket back up by dozens of percent.

I don’t see any fundamental catalyst behind this move, but technically speaking, the green bullish candle completely engulfed the highs of the red one. This could be a major signal for the start of a new uptrend.

I am expecting further positive price action driven by the THORChain integration headlines and the upcoming FCMP++ upgrade

[FinneysTrueVision]

This was the reason for that pump yesterday. A single buyer swapped USDC for more than 60,000 XMR.

https://x.com/mlmabc/status/2060628643437477953

[cAPSLOCK]

I have to say, after almost a decade of the most boring price action ever for Monalero, things have been getting more interesting as of recently.

Every cycle the newbies at some point have to realize privacy is very important...

[cAPSLOCK]

Are people figuring that Monero is collateral damage in the Z-cash problem?

[Hueristic]

Are people figuring that Monero is collateral damage in the Z-cash problem?

People are stupid.

Remember that half the people in the world are dumber than the average dumb ass.

[uray]

Are people figuring that Monero is collateral damage in the Z-cash problem?

For the general public, they are least bothered about the technical nuances. All they see is that they found a major flaw in the architecture and you cannot complain if they think that it can be the same across every privacy coins.

Both are built using completely different base architecture. Monero uses Bytecoin parent code while Zcash uses Bitcoin Core and the underlying privacy tech used is completely different.

The critical issue with Zcash is that, it is cryptographically impossible to identify whether anyone exploited the Orchard pool vulnerability, the developers can claim that it was not. But it remains impossible to identify exploited coins to legit ones.

~
People are stupid.

Remember that half the people in the world are dumber than the average dumb ass.

Majority of the traders do not care about the core issues. It is just a numbers game for them.

[cAPSLOCK]

[cAPSLOCK]

Looks like recent price ups and downs are related to various crypto shananigans...


https://www.coindesk.com/markets/2026/06/12/monero-spiked-to-usd430-as-usd120-million-moved-through-it-then-tether-froze-usd72-million

[Hueristic]

Looks like recent price ups and downs are related to various crypto shananigans...


https://www.coindesk.com/markets/2026/06/12/monero-spiked-to-usd430-as-usd120-million-moved-through-it-then-tether-froze-usd72-million

Hahaha

Tether later froze $72 million in USDT linked to the activity.

[cAPSLOCK]

Looks like recent price ups and downs are related to various crypto shananigans...


https://www.coindesk.com/markets/2026/06/12/monero-spiked-to-usd430-as-usd120-million-moved-through-it-then-tether-froze-usd72-million

Hahaha

Tether later froze $72 million in USDT linked to the activity.

Watching people figure this out is like watching paint dry.

[Hueristic]

Looks like recent price ups and downs are related to various crypto shananigans...


https://www.coindesk.com/markets/2026/06/12/monero-spiked-to-usd430-as-usd120-million-moved-through-it-then-tether-froze-usd72-million

Hahaha

Tether later froze $72 million in USDT linked to the activity.

Watching people figure this out is like watching paint dry.

[johnfoss]

THE MONERO MOON (ISSUE 90) NEWSLETTER IS OUT NOW!

https://www.themoneromoon.com/p/the-monero-moon-issue-90

Enjoy! :-)