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Monero (XMR), a privacy-focused cryptocurrency known for its untraceable transactions, saw a significant price spike in early February 2024, reaching a peak of $168.7. However, this upward trajectory proved to be unsustainable, and XMR has since experienced a significant correction and is currently trading around $144. In this article, we delve into the factors behind Monero's recent rise and subsequent fall, as well as the emerging trend of crypto whales shifting their attention to the meme coin sector. Factors driving Monero’s rise: Several factors contributed to Monero's impressive price increase in February. Privacy concerns gain attention: Growing concerns over data…
Toncoin linked to Telegram offers various economic possibilities. Monero is a well-known and powerful name, but its privacy features make it a risky investment. The new rebel Satoshi has finally been listed on several virtual currency exchanges and profits are predicted to be several times higher. Toncoin (TON) and Monero (XMR) have shown significant gains of late, as they Best virtual currency for investment. Meanwhile, other investors are looking to capitalize on the meme coin's traction with new coins. satoshi the rebel ($RBLZ). The latter project is officially live and debuting on exchanges, with analysts hinting at explosive potential. Let's…
Cryptocurrency traders and investors around the world have breathed a sigh of relief as they weather the 2022-2023 crypto winter. The new year has seen strong positive sentiment in the cryptocurrency market, with prices rising and investor confidence restored. With the Fear and Greed index showing extreme greed in the market, you may be wondering which cryptocurrencies will embark on a bull run.Monero (XMR): A veteran’s journey with privacy in mindFounded in 2014, Monero established itself as a leading privacy-focused cryptocurrency, appealing to users seeking anonymity and confidentiality of transactions. Monero's historical price performance has been volatile, but it has…
The crypto market and the financial community as a whole are waiting to see what the Fed's stance will be on future interest rate cuts. At this point, it is still unclear how interest rates will be cut. However, the Atlanta Fed issued a statement on Monday suggesting the Fed may continue to suspend interest rates after the first rate cut.Fed maintains temporary rate cut even after first rate cutAtlanta Fed President Rafael Bostic expects the Fed to suspend its next meeting to assess the economic impact of policy changes after its planned first rate cut, Bloomberg reports. said. Third…
Ads by Money. We may be compensated if you click this ad.Ad Money’s Main Takeaways: Traders who are serious about crypto should opt for a non-custodial crypto wallet, which means you will have direct access to your crypto — and ownership thereof. One type of wallet is not inherently better than the other: hot wallets are great for quick access to your crypto, while cold wallets provide the best security for long term storage. The best hot wallets are highly secure and easy to use on mobile and desktop devices. The best cold wallets boast a convenient size and design…
March 5, 2024 11:47 am | 2 minute read | Electric vehicle (EV) company tesla company (NASDAQ:TSLA) owns a lot of stocks. Bitcoin (CRYPTO: BTC) — First position taken in January 2021.Let's take a look at Tesla's Bitcoin history and how much his current holdings are worth.Enter to win $500 in stocks or cryptoEnter your email address to get Benzinga's Ultimate Morning Update, a free $30 gift card, and more.what happened: Tesla announced a $1.5 billion acquisition in February 2021.This announcement was made shortly after the CEO Elon Musk I talked to Micro Strategy Co., Ltd. (NASDAQ:MSTR) Executive Chairman michael…
Tuesday witnessed a Bitcoin-style roller coaster, with the cryptocurrency initially soaring to an all-time high of over $69,000, but as of 3:00 p.m. ET, it was down 10%, its biggest drop since November 2022. It recorded a daily decline.Speculation has swirled around this dramatic downturn, including flash crashes, market illiquidity, fat fingers, and profit-taking, but the crypto community has yet to come up with a definitive explanation.Enter to win $500 in stocks or cryptoEnter your email address to get Benzinga's Ultimate Morning Update, a free $30 gift card, and more.However, the truth may be much simpler than speculation suggests.Bitcoin has…
Some altcoins are still showing bearish signals following Bitcoin's sporadic rally above $60,000. Monero (XMR) and Sui (SUI) have been bouncing between bear and bull markets in recent weeks. Therefore, investors may be looking for other tokens to make big profits. On the other hand, KangaMoon (KANG) best new meme coins It is available in the market and can bring huge ROI in the future. KangaMoon (KANG) continues to race as investors gather While the fate of Monero and Sui is uncertain, kanga moon zoomed to the zenith meme coin market, is attracting the attention of investors. Due to its…
Annual inflation rates in the EU and euro area continue to show signs of moderation, with January figures showing inflation rates falling in 15 of the EU member states. However, the remaining 11 countries recorded increases. advertisementEU inflation has fallen gradually and consistently since its peak of 11.5% in October 2022. The EU's annual inflation rate was 3.1% in January 2024, down from 3.4% in December, according to EU statistics agency Eurostat. . This was in contrast to 10.0% during the same period last year.At the same time, the annual inflation rate in the eurozone region was 2.8% in January…
Overview In January 2024, compared with December 2023, industrial producer prices decreased by 0.9% in both the euro area and the EU, according to estimates from Eurostat, the statistical office of the European Union. In December 2023, prices fell by 0.9% in the euro area and by 0.8% in the EU. In January 2024, compared with January 2023, industrial producer prices decreased by 8.6% in the euro area and by 8.4% in the EU. Monthly comparison by main industrial grouping and by Member State Industrial producer prices in the euro area in January 2024, compared with December 2023 decreased by…