Monero wallets get an upgrade ahead of hard fork

Rajan Dhall, MSTA FX Daily

Monero, which is one of the world’s leading privacy based cryptocurrencies, is set to make a grandiose move against ASIC mining since RandomX is scheduled to be rolled out by the end of November 2019. With a network-wide change approaching shortly, Cake Wallet, Monerujo, and Ledger Monero have started to release newer versions of their software, in support of the upcoming hard fork.

RandomX which is a new Proof-of-Work algorithm is set to focus on general-purpose CPUs to help people from all economic walks of life mine the coin (XMR). RandomX is set to replace CryptoNightR by the end of this month.

A statement by a Cake Wallet developer on Reddit stated:

Updated for the November 30, 2019 Fork for Monero v10.15.0.0 • Added USDT, EOS, XRP, TRX, BNB, ADA, XLM, and NANO to the exchanges. (BTC, BCH, LTC, ETH, and DASH still there) • Removed unlock counter • Fixed minor bugs and improved performance

Monerujo,which is another well-known android-based wallet, has also scheduled an update supporting the fork. The new version 1.12.11, “Caerbannog,” has brought in some new features. Since the network-wide upgrade will also phase-out long payment IDs and introduce at least two outputs for transactions, along with bringing in RandomX, Monerujo’s latest version has also removed “support for Payment IDs.” So everyone is getting prepped for the long awaited update.

Author

Rajan Dhall, MSTA

FX Daily

Rajan Dhall is an experienced market analyst, who has been trading professionally since 2007 managing various funds producing exceptional returns.

Injective token surges over 13% following the approval of the mainnet upgrade proposal

Injective price rallies over 13% on Thursday after the network confirmed the approval of its IIP-619 proposal. The green light for the mainnet upgrade has boosted traders’ sentiment, as the upgrade aims to scale Injective’s real-time Ethereum Virtual Machine architecture and enhance its capabilities to support next-generation payments.

Solana Price Forecast: SOL slips below $82 as hawkish Fed tone sparks risk-off sentiment

Solana is trading below $82 at the time of writing on Thursday after failing to break out of the upper consolidation range over the weekend. The Minutes from the Federal Open Market Committee on Wednesday kept interest rates unchanged, but a less dovish tone that followed dampened risk appetite and pressured risky assets.

Warren warns crypto bailout would enrich Trump family biz: Report

Senate Banking Committee ranking member Elizabeth Warren has reportedly sent a letter to Treasury Secretary Scott Bessent and Federal Reserve chair Jerome Powell, urging them not to bail out “cryptocurrency billionaires” with taxpayer dollars.

Top Crypto Gainers: World Liberty Financial, Sky, and Cosmos confront major resistance

World Liberty Financial, Sky, and Cosmos rank among the top gainers over the last 24 hours but face critical overhead resistance levels. WLFI gained momentum at the World Liberty Forum, an invite-only conference held at Mar-a-Lago by US President Donald Trump’s family, while SKY and ATOM reversed off a crucial support level.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: BTC bears aren’t done yet

Bitcoin (BTC) price slips below $67,000 at the time of writing on Friday, remaining under pressure and extending losses of nearly 5% so far this week.