Monero (XMR) Reduces Transaction Fees By Over 90%, Decred (DCR) Pump? – Oct 23rd Cryptocurrency News

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Today Monero reported some small gains hitting its highest level in a week. Monero transaction fees have apparently dropped by more than 90% since last week’s software update. Monero is now using a new method for transmitting data called Bulletproofs. This allows the Monero blockchain to more efficient when transmitting data regarding transactions while still maintaining privacy.

Decred gained more than 28% over the past 24 hours. A Binance listing has caused the predictable pump for Decred. We have seen some similar movements like this before with some other Binance listings. Binance will list Decred tomorrow October 24th.

And in other news, Intercontinental Exchange the parent company of the New York Stock Exchange will list the new Bakkt Bitcoin Daily Futures Contract for trading on December 12th.

Please remember this is news, not investment advice.

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