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Cryptocurrency asset prices remain far from the record prices achieved during the 2021 bull market.Bitcoin, the world's most prominent cryptocurrency, is currently down about 60% from its peak, and Ethereum is down about 65% from its all-time high.Meanwhile, arrests and indictments of high-profile cryptocurrency executives around the world, including the ongoing trial of FTX mogul Sam Bankman Fried, have further worsened the mood this year.Despite the overall gloomy outlook, the situation is different in Africa, where the adoption of digital assets continues despite price fluctuations, the researchers say. According to a study conducted by Chainalysis, a global cryptocurrency consultancy, “Sub-Saharan…

VSFP/iStock Editorial via Getty Images A few months ago I published a comprehensive report on Monero (XMR-USD). If you read the whole thing and retained most of it, you’d have a good understanding of Monero on a deeper-than-surface level. This report is an update because my perspective on Monero has begun to change over the last month. I downgrade to a Hold, although the caveat is that XMR is still a highly speculative buy due to a rather asymmetric risk-reward profile, but only for a small portion of a digital asset portfolio. The main issue I have come to realize…

The modelWithin the philosophy of the limited participation models in Fuerst (1992) and Christiano and Eichenbaum (1992), the present model extends the structure and ideas in Gutiérrez (2006) and Gutiérrez and Palmero (2013). As explained above, limited participation models have already satisfactorily answered some of the questions under analysis without detracting from the framework of a competitive economy, a reasonable assumption for the Eurozone. On this basis, we assign a central role to the ratio of total loans to total deposits in the economy’s financial sector. The reasons are manifold. On the one hand, in a general equilibrium economy where…

A busy economic calendar awaits this week, with all eyes on the Federal Reserve and oil prices. Additionally, the crypto market has been rising over the weekend, but will it be able to maintain that momentum? October 2nd, macroeconomic magazine “Kobeissi Letter” listed Major economic events in the US this week. A government shutdown was also averted over the weekend. Crude Oil Price, SBF Trial, Possibility of ETH ETF Launch Federal Reserve Chair Jerome Powell and European Central Bank Chair Christine Lagarde are both scheduled to speak next week. Mr. Powell will participate in a roundtable discussion with Philadelphia Fed…

By country: Germany saw a significant decline, but Italy and Spain saw an increase.Inflation in the euro zone has been declining over the past year after peaking at an annual rate of 10.6% last year.Core inflation, which excludes volatile categories such as food and energy, is also considered a more reliable measure of underlying price pressures and has been easing recently. The rate was 4.5% in September, down from 5.3% in August.In Germany, Europe's largest economy, annual inflation fell to 4.3% in September from 6.4% in August. One reason for the large decline is that the numbers are calculated on…

Image source: https://www.pexels.com/photo/money-finance-currency-coin-1036632/ Monero. The name rolls off the tongue like a romantic name. “Oh, Monero,” you whisper in your sleep. But Monero is more than just the name of an Italian's imaginary boyfriend. Actually, it means “coin” in Esperanto. This is what we call her one of the earliest privacy coins. What's so private? Well, first of all, it's a zero-knowledge proof. Monero allows you to claim to be such-and-such, without getting technical, without providing any proof that you are actually who you say you are. Monero uses the less sexy ticker XMR, but it also uses ring signatures.…

View Analyst Contact Information Slow Disinflation Implies That Low Growth And High Interest Rates Are Here To Stay, And That QT Could Accelerate We maintain our GDP growth forecasts for the eurozone economy. We still expect growth to soften considerably to 0.6% this year from 3.4% in 2022 and barely accelerate next year (0.9%), before potentially returning to an annual increase of 1.5% in 2025-2026. This baseline assumes no new external shocks, especially in terms of geopolitics, external trade and commodity prices. It also expects the labor market to remain quite resilient and European Central Bank (ECB) policy rates to…

Business activity in the euro area continued to contract at the end of the third quarter of the year, as an increase in order loss rates further reduced activity. The overall decline in production was once again led by manufacturing, but service sector activity fell for the second month in a row.Input costs continued to rise sharply, and inflation accelerated compared to August, due in part to soaring oil prices. However, output prices rose at the slowest pace in two and a half years as pricing power weakened.Forward-looking indicators suggest the economic contraction is likely to continue into the…

summary The Travel Rule (which comes into effect in the UK from 1 September 2023) requires UK-based cryptocurrency businesses to collect, verify and share certain transaction information regarding cryptocurrency transfers. The rule will help combat money laundering and other financial crimes by requiring cryptocurrency businesses to detect suspicious transactions and implement effective screening. UK-based cryptocurrency businesses will need to comply with the travel rules before transfers between cryptocurrency businesses will be allowed,A trusted source” “. The anonymity of crypto assets is the fundamental appeal of the technology. In many cases, this only requires the beneficiary’s wallet address and the originator’s…

Monero (XMR) is altcoin We differentiate ourselves from other cryptocurrencies by making strong use of privacy.or as Monero website It states that it is a “private digital currency.” It is currently ranked 13th on coinmarketcap.com. In this article, we will explain in detail what Monero is, how it differs from other cryptocurrencies, and how to invest in it. What is Monero? Monero was launched in April 2014. Previously called Bitmonero. It started at a price of around $2.47 and started rising on August 22, 2016, and is currently at $310.47. The circulating supply is 15,636,799 XMR, which is less than…