Funny you mention that, Coincheck (large Japan exchange) just dropped support for Monero, Dash, and Zcash. Who cares? They'll just lose 5% of their business, probably to Binance. If the govts are able to really ramp up the crackdowns on privacy coins, decentralized exchanges will just become more widespread.
Also today it was revealed that NSA has been sniffing and tracking Bitcoin users since 2013. Exactly what paranoid people expected the whole time.
All bullish signals for the privacy coin markets.
Yeah, exactly, who cares? Coincheck have had huge problems with hacking and with verifying their users. The Japanese government already is investigating them for all their failures to comply, so they're probably dropping all these anonymous coins to reduce their risk exposure. I will say one thing though, Verge benefited from early hype pumps, thanks to good old McAfee... but it does have some technological value. Whether or not it will prove to be better or more used than coins like Monero, can't say. Privacy coins already had their huge runs, they're now struggling just like any other alt.
Well Monero is on thin ice right now due to a fork in the PoW algorithm. Bitmain produced ASICs that mine the old PoW, and there is also a MoneroV hardfork coin dropping soon. XMR price looks pretty shaky as a result, whereas XVG is pumping hard...