Here's the latest crypto news :
- *Monero (XMR) Surges*: XMR price jumped over 40% in 24 hours, reaching $329 and triggering $1 million in short liquidations. The surge is attributed to growing anticipation around Monero's proposed EP159 and EP160 upgrades, which aim to make Monero "compliance-friendly" and potentially lead to its relisting on major regulated exchanges like Binance and Coinbase.
- *XRP Gains*: XRP climbed 4% following news of ProShares ETF approvals set to launch three XRP futures-based products on April 30. These ETFs are not spot products but rather futures and leveraged/inverse products, which don't require explicit SEC approval. XRP is currently trading at $2.27 with a market cap of $132.95 billion.
- *Market Performance*: The broader crypto market remained stable, with Bitcoin (BTC) trading slightly lower above $93,000. Other major cryptocurrencies like Cardano (ADA), BNB Chain's BNB, and Ethereum (ETH) posted gains between various percentages.
- *Privacy Coins Rally*: Other privacy-focused cryptocurrencies like Zcash (ZEC), MimbleWimbleCoin (MWC), Dash (DASH), and Decred (DCR) also saw significant gains, with ZEC rising nearly 19% and MWC gaining over 1.3%.
Technical indicators suggest XMR could correct 20% in May, with potential support levels at $208-$267. Meanwhile, XRP's Fear & Greed Index shows a neutral sentiment at 54, and its price prediction sentiment is bullish .
