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sportybet for iphone Ethereum Classic price has made a bullish break-out as cryptocurrencies rally.It jumped after the latest American inflation data showed that prices were falling.Some investors believe that Ethereum investors will transition to Ethereum Classic after the Shapella upgrade.Ethereum Classic (ETC) price continued rising on Thursday as the recent cryptocurrency rally regained steam. The coin jumped to a high of .47, the highest level since March 18 of this year. The coin has jumped by more than 53% from the lowest level this year.Ethereum Shapella upgradeThere are three main catalysts moving the ETC price this week. First, there is the ongoing Bitcoin price rally that we wrote abouthere.This rally saw the coin jump above the important resistance level at ,000 for the first time since June last year. It has now jumped by more than 80% this year, making it a better performer than Tesla, stocks, and gold. Cryptocurrencies like Ethereum Classic tends to have a close correlation with Bitcoin.Second, Ethereum Classic price reacted to the latest American consumer inflation data published on Wednesday. The data showed that the headline consumer price index (CPI) dropped to 5.0% in March, the lowest level since 2021. Core inflation also dropped on a month-on-mom basis. Therefore, there is a likelihood that the Federal Reserve will start pivoting soon. This pivot will involve pausing rate increases and leaving them unchanged for a while.Finally, Ethereum Classic reacted to WednesdaysShapella upgrade of Ethereum. That upgrade activation made it possible forEthereum stakers to be able to withdraw their tokens. Data by Staking Rewards shows that the volume of staked Ethereum stands at over billion.The move was seen as being positive for Ethereum Classic because of its controversy and regulatory concerns. The Securities and Exchange Commission has hinted that it views all tokens with a staking element as securities. Therefore, analysts believe that many investors will now move to Ethereum Classic, which is the equivalent of the pre-merge Ethereum. However, in reality, it is unclear whether this transition will happen.Ethereum Classic price analysisThe daily chart shows that the ETC price has been in a strong bullish trend in the past few weeks. And this week, the coin managed to move above the important resistance level at .35, where it struggled to move above earlier this month.The coin has also jumped above the 25-day and 50-day moving averages while oscillators have continued rising. Therefore, there is a likelihood that the coin will continue rising as buyers target the next key resistance level at .92, which is about 12% above the current level.How to buy Ethereum Classic eToro eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users. Buy ETC with eToro today Public Public is an investing platform that allows you to invest stocks, ETFs, crypto, and alternative assets like fine art and collectiblesall in one place. Buy ETC with Public today

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sportybet for iphone Metaverse use cases have to be commercialized soonerWith the market getting tougher, technology companies are pulling backMetaverse should be about how to build a safer automobile and test it with less physical waste, cost, and timeDaniel Newman of Futurum Research discusses how we will be able to use the metaverse in the healthcare, automobile, and other industries on Squawk Box, CNBC.Metaverse is getting on a consumer levelMetaverse companies flocked to CES (Consumer Electronics Show) 2023, which shows the metaverse is getting on the consumer level. Use cases have to be commercialized sooner.With the market getting tougher, technology companies are pulling back, says Newman. Theyre looking to invest in RD, in technologies that people can commercialize and monetize.Meta was too ambitiousHe gave Meta as an example of a company that was too ambitious about what the future of the metaverse might look like. There was an excessive focus on consumer applications, wearing the big headsets, the virtual universehow much of the market is going to get into that right away?Building worlds in the futureAfter expressing this doubt, Daniel Newman talked about what Nvidia is doing using generative AI to actually build worlds in the future, where you can see what a building will look like in a space or design the inside of an office, or what Microsoft is doing with Teams to create a more collaborative meeting experience. He said:When we go back to real world meetings, we see that connections and relationships are different than what we did on Zoom, so maybe the metaverse can bring us there.A wasted opportunity?The host asked if this was becoming an entirely wasted opportunity. He asked Newman:I dont see applications for education, healthcare, for housing (that you touched upon). Dont these developers have to move beyond gaming?Newman responded:The real applications of this are going to be manufacturing, planning, engineering. Its going to be in health care, in exploring car tech and creating safer settings in public. Its not about the big headsets and wearables; thats only part of it. Its about how to build a safer automobile and test it with less physical waste, cost, and time. The metaverse should be talking more about how to 3D print a valve, transplant it in a patients heart, and have the surgeon test it thousands of times. Of course, those commercial use cases dont usually make it in the media.