Monero Classic (XMC) gets a neutral rating from InvestorsObserver Thursday. The coin is down 7.38% to $0.3628249902 while the broader crypto market is down 0.48%. Monero Classic has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Monero Classic! Neutral Over the last five days, Monero Classic has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score… Source link

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

NYX Professional Makeup is launching an online beauty “incubator” in the form of a DAO called GORJS, as well as 1,000 Ethereum NFTs called the “FKWME Pass,” the L’Oréal-owned brand announced Thursday. GORJS, pronounced “gorgeous,” aims to set a precedent for “what beauty will be in the metaverse, and lead the cultural conversation as it relates to the values of diversity, inclusivity, and accessibility,” according to the DAO’s litepaper, or technical explanation. The DAO was… Source link

Bitcoin (BTC) price has held above $20,700 for 4 days, fueling bulls’ hope for another leg up to $23,000 or even $25,000. Behind the optimistic move was a decline in inflationary pressure, confirmed by the December 2022 wholesale prices for goods on Jan. 18.  The United States producer price index, which measures final demand prices across hundreds of categories also declined 0.5% versus the previous month. Eurozone inflation also came in at 9.2% year-on-year in December 2022, marking the… Source link

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion XMR was in the oversold zone with high selling pressure but with a likely trend reversal. A sharp increase in open interest rates could influence trend reversal.  Monero (XMR) lost about 15% of its value to the current price correction. After reaching a peak of $188, the price correction pulled it down to around $160. At… Source link

As the second biggest cryptocurrency by market capitalization Ethereum (ETH) continues to test resistance levels in January after a solid start to 2023, investors are interested whether Ethereum has more room to grow by the beginning of February. According to information acquired by Finbold using the machine learning algorithms at the crypto monitoring portal PricePredictions, the price of Ethereum is forecasted to trade at $1,582 on February 1, 2023, as per data collected on January 19.

Facebook outcasts, billionaire businessmen, pistachio slingers, Hollywood playboys, struggling musicians… The Winklevoss twins have worn many hats over the years – having shot to infamy after a famous fall-out with Meta founder Mark Zuckerberg, a story so sensationalized that it was forever immortalized by the movie industry.  But that unsteady celebrity has come at a high price for twins Tyler and Cameron, 41 – who are oft referred to as the ‘Winklevi’ in a nod to their eerily-identical… Source link

Data shows Litecoin has been observing accelerating adoptions recently, as its total addresses have now surpassed that of Ethereum. Litecoin Has Continued To See Rapid Adoption Recently As per a tweet from the director of the Litecoin Foundation, LTC’s growth has continued to accelerate even after surpassing Ethereum in total addresses. The “total addresses” here is an indicator from the on-chain analytics firm Glassnode that measures the total number of unique addresses of a… Source link

In his latest blog post released on Jan. 19, Arthur Hayes, the former CEO of BitMEX exchange predicted a “global financial meltdown” thanks to future United States economic woes. Hayes: Crypto will “get smoked” in Fed pivot Bitcoin’s current rally should likely not be taken as the start of a new bull run. That is the opinion of Arthur Hayes, who in a fresh treatise on U.S. macroeconomic policy this week warned that current Federal Reserve behavior would flip from restrictive to liberal,… Source link

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link