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The euro area economy contracted slightly in the third quarter of 2023 as inventory levels fell more than expected advertisementThe euro area economy contracted slightly in the third quarter of 2023 due to changes in inventory levels and deteriorating business confidence.The third forecast for euro area gross domestic product (GDP) growth for the third quarter of 2023 was released on Thursday morning and came in at -0.1%. This was lower than the 0.1% in the second quarter, but in line with analyst expectations.The third forecast for euro area GDP year-on-year was also 0%, a significant downward revision from 0.6% for…
To celebrate five years of success since Monero's launch, I've put together the following. A short introductory guide to Monero. Monero's goal is very simple. A virtual currency that works as users expect and can be used for everyday payments. This includes protecting users from network attacks and mass surveillance, and most importantly, being accessible from anywhere. Monero, Ticker symbol XMRwas founded on April 18, 2014 by a Bitcointalk forum user who goes by the alias “.”Today's gratitude” The project was initially called “bitmonero' was a new launch of the ByteCoin and CryptoNote protocols using the code base. ByteCoin and…
the impact of the debt crisis, Brexit and the energy crisis on the industry, the EU's dependence on foreign trade and lower growth rates relative to other large jurisdictions in the face of rising geopolitical tensions; There are no EU countries in the region. Reasons why some economists and policymakers believe in the economic and political importance of the EU and the euro include the top 10 global startup ecosystem, an aging population, low rates of investment in research and development, These include reduced space and unfinished economic and monetary union. Its area is expected to decrease in the coming…
The Monero network allows users to execute transactions without revealing their identities, transaction history, or the exact sums involved. The network and native crypto, XRM, offer a secure haven for those looking for privacy in an era marked by increasing scrutiny and documentation of financial transactions. This guide will walk you through everything you need to know about the network, its operational principles, the native Monero crypto, and its role within the wider crypto landscape. Do you want to buy XMR? Use and test these exchanges Secure exchange with high deposit & withdrawal limits Explore Kraken on Kraken’s official website Supported…
Robin Hood (HOOD) announced on Thursday that it will begin trading Bitcoin and other cryptocurrencies in the European Union, sending HOOD shares soaring. X Online brokerage Robinhood says its Robinhood Crypto app will allow customers to buy and sell more than 25 digital tokens, including Bitcoin, Ether and Ripple, at low cost. According to a Robinhood blog post, customers will be able to receive a percentage of their trading volume in Bitcoin each month, subject to certain conditions. According to CoinDesk, Europe is on track to become a major cryptocurrency hub in the world. Robinhood has announced that it will…
According to Trend Micro research, Android Monero mining malware appeared last week disguised as a legitimate Google Play update app. However, security experts note that his AndroidsOS_HiddenMiner is not the only Monero mining malware attacking Android devices, and it is unlikely to be the last.surely. According to Qihoo 360 Netlab, in early February the botnet ADB.Miner distributed its Monero mining malware targeting Android devices. made a discovery. And late last year, Trojan.AndroidOS Loapi could also mine his Monero cryptocurrency on Android devices as one of its many malicious features. report Kaspersky Lab.(sauce: Tumis (via Pixabay))When it comes to cryptocurrencies, Monero…
After trading quietly below $39,000 for most of the weekend, Bitcoin went on the offensive Monday morning, surging above $40,000 to a 19-month high of $41,750. Altcoins followed suit, with ETH soaring above $2,250 and several Terra-related tokens once again posting double-digit price spikes. BTC approaches $42,000 A lot can change in seven days in the crypto market. Just a week ago, major digital assets were trading below $37,000 after a quiet weekend. It began to regain momentum over the next few days, topping $38,000 several times before decisively surpassing that level by mid-week. Further gains at the start of…
Understanding the characteristics of past cycles can offer valuable context for evaluating the current market.TL;DRWe are currently in the sixth crypto bull cycle, which has been ongoing for slightly over a year.Based on historical patterns, we are approaching the middle of the median-duration bull cycle, suggesting that we are entering the second half of the crypto bull market.The recent occurrence of the 50-day moving average crossing above the 200-day moving average for the second time in this cycle indicates a positive signal. This technical indicator has a strong track record, with over 80% of instances resulting in positive returns over…
Martin Köppelmann, co-founder of Berlin-based Gnosis Chain, has no problem voicing his opinion. In addition to building some of the largest blockchain tools on Ethereum, he is also noted as a thought leader. He is a philosopher and developer with strong opinions on how blockchain technology can evolve without compromising its core spirit.Like many early blockchain enthusiasts, Keppelman first learned about Bitcoin (BTC) in the aftermath of the 2008 financial crisis. He had become interested in a new political group in Germany, a faction of the Pirate Party that took a unique approach to group decision-making. “It was intended to…
Important points The approval of a Spot Bitcoin ETF has become a key focus for crypto investors as it has the potential to widen access to Bitcoin.Optimism surrounding the possibility of a Spot Bitcoin ETF being approved contributed to the rise in Bitcoin prices.2023 will be a pivotal year in terms of cryptocurrency enforcement actions, and we expect further regulatory clarity in 2024.The end of monetary tightening-focused policies by central banks around the world could have a positive outcome for risk assets such as cryptocurrencies. Bitcoin’s recent rally may have helped it break through the $42,000 market and push the…