What is Numeraire?
Numerai is an AI-run, crowd-sourced hedge fund based in San Francisco. It was created by South African technologist Richard Craib in October 2015. Numerai’s trades are determined by an AI, which is fueled by a network of thousands of anonymous data scientists. Numerai's investment group was led by Howard Morgan of Renaissance Technologies, and its investors include Naval Ravikant.
Numerai aims to change the way Wall Street operates by promoting a collaborative approach to investment and money management. Numerai harnesses the power of the collective through a monthly tournament and machine learning. Each month, data scientists submit their predictions and best trading algorithms in exchange for a form of cryptocurrency called Numeraire. Numerai raised $7.5 million in 2016 in two funding rounds.
Numeraire News And Market Price Data
- Historical Data
- OKEx shared insights on trading, regulation, DeFi and more during recent Markets Pro AMACointelegraph.com News - 14 hours agoAmong many features, OKEx staff demonstrated how users could automate their trading process with no required coding knowledge on the namesake platform. Founded in 2017,…
- Bitcoin drops below $54K, stocks sell-off after new COVID-19 variant emergesCointelegraph.com News - 15 hours agoBears took control of BTC price after options markets flashed bearish signals, but should traders be worried? Crypto exchange Deribit is the absolute leader in…
- El Salvador celebrates Black Friday, buys 100 BTC for 20% offCointelegraph.com News - 15 hours agoWith the addition of the 100 coins today, El Salvador holds 1,220 BTC, worth roughly $66.3 million following the crypto asset’s drop to the $54,000s.…
- Price analysis 11/26: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, SHIBCointelegraph.com News - 16 hours agoBitcoin and most major altcoins are on the verge of starting a deeper correction, which will signal that a short-term top may be in place.…
- Tanzania reportedly makes plans to launch CBDCCointelegraph.com News - 17 hours agoThe central bank has “already begun preparations” for a digital shilling, according to Bank of Tanzania Governor Florens Luoga. The Bank of Tanzania is reportedly…
Numeraire Frequenty Asked Questions
Where does Numeraire (NMR) rank among in terms of popularity? How relevant is it compared to competitors?
In terms of popularity, Numeraire currently ranks in position 314 out of the top 1000 cryptocurrencies. Another important factor in popularity is Numeraire‘s market capitalization – in general, the higher the market cap of a cryptocurrency, the more dominant it is considered to be in the market. Numeraire has a market cap of $ 235,403,101, which compares to Bitcoin (the most popular cryptocurrency by several metrics) with a market cap of $ 1,037,255,301,173, Litecoin at $ 13,686,966,515, Ethereum at $ 492,074,264,541, Tether at $ 74,143,472,189, and XRP at $ 45,488,986,785.
What is the price of Numeraire (NMR) today (updated in realtime)?
The current price of Numeraire is $ 39.94 in USD. (The price in Euros is 35,53 €; and the price in Bitcoin is Ƀ 0.00072717 BTC.)
How has Numeraire (NMR) performed recently?
Numeraire‘s price has increased in the last 24 hours by 5.97%. The change in price over the last seven days was 0.93%. The trading volume over the last 24 hours was $ 4,640,618. Trading volume indicates how many units of a currency are being bought and sold on specific exchanges. High trading volumes are likely to drive more on-chain activity, for example when people deposit and withdraw funds, and it is considered a good indicator of popular interest in the currency.
What is Numeraire‘s (NMR) market supply?
The total circulating (available) supply of Numeraire is 5,888,991 NMR. The total supply of Numeraire is 10,970,821 NMR.
What is the 24 hour volume for Numeraire (NMR)?
The 24 hour volume of Numeraire is $ 4,640,618.
What is Numeraire (NMR) official website?
Numeraire‘s official website, social accounts, blockchain explorer, and Github repository if applicable.
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