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You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['The Euro showed signs of life earlier in the session, hovering near a four-month high against the U.S. Dollar on Monday as bullish investors held on to hopes that European Commission policymakers would break the stalemate and finally hammer out an economic rescue deal as their long-winded weekend summit reached a record length. At 0:59 GMT, the EUR/USD is trading 1.1422, down 0.0004 or -0.03%. Reuters is reporting that EU leaders were at an impasse over a proposed 750 billion Euro ($858.30 billion) recovery fund, which is supposed to be raised on behalf of them all on capital markets by the EU’s executive European Commission. That would be a historic step towards greater fiscal integration for the union, but a group of “frugal” wealthy north European states were pushing for a smaller fund and seeking to limit how payouts are split between grants and repayable loans. A source told Reuters $350 billion Euros on grants was the maximum acceptable for the camp of thrifty northerners, compared to 400 billion seen as the bare minimum by many others, including Germany and France. Diplomats said it was possible that they would abandon the summit and try again for an agreement next month. But market players expect them to reach a deal in the future even if they fail to do so this time. Deal Will Have Major Impact on Euro While the outcome of the negotiations is still up in the air early Monday, most market players agree that an agreement or a collapse in the talks would have a major impact on the single currency when trading resumes. Early Monday, the Euro is banging on a four-month high on hopes that Europe’s fiscal leaders would move toward agreement on the massive 750 billion-euro rescue fund. A positive outcome by the end of the EU summit, whenever that is, could potentially be the Euro’s ticket to fresh highs for the year. Currently, the EUR/USD is trading 1.1422, just below last week’s 1.1452 high. Taking out this level could drive the Forex pair into the March 9, 2020 top at 1.1496, followed closely by the January 1, 2019 main top at 1.1514. The latter is a potential trigger point for an even steeper rally with some speculators setting their sights on 1.1570 and 1.1622, both former tops. Story continues For a look at all of today’s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – July 20th, 2020 Gold Price Futures (GC) Technical Analysis – Strengthens Over $1810.50, Weakens Under $1791.10 E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Strengthens Over 10791.25, Weakens Under 10708.50 ‘No Company is Entirely Immune From a COVID-19 Led Economic Slowdown’ Says Fidelity’s Simnegar Oil Price Fundamental Weekly Forecast – Weak Gasoline Demand Could Weigh on Prices Bitcoin and Cardano’s ADA Weekly Technical Analysis – July 20th, 2020', 'The Euro showed signs of life earlier in the session, hovering near a four-month high against the U.S. Dollar on Monday as bullish investors held on to hopes that European Commission policymakers would break the stalemate and finally hammer out an economic rescue deal as their long-winded weekend summit reached a record length.\nAt 0:59 GMT, theEUR/USDis trading 1.1422, down 0.0004 or -0.03%.\nReuters is reporting that EU leaders were at an impasse over a proposed 750 billion Euro ($858.30 billion) recovery fund, which is supposed to be raised on behalf of them all on capital markets by the EU’s executive European Commission.\nThat would be a historic step towards greater fiscal integration for the union, but a group of “frugal” wealthy north European states were pushing for a smaller fund and seeking to limit how payouts are split between grants and repayable loans.\nA source told Reuters $350 billion Euros on grants was the maximum acceptable for the camp of thrifty northerners, compared to 400 billion seen as the bare minimum by many others, including Germany and France.\nDiplomats said it was possible that they would abandon the summit and try again for an agreement next month. But market players expect them to reach a deal in the future even if they fail to do so this time.\nWhile the outcome of the negotiations is still up in the air early Monday, most market players agree that an agreement or a collapse in the talks would have a major impact on the single currency when trading resumes.\nEarly Monday, the Euro is banging on a four-month high on hopes that Europe’s fiscal leaders would move toward agreement on the massive 750 billion-euro rescue fund. A positive outcome by the end of the EU summit, whenever that is, could potentially be the Euro’s ticket to fresh highs for the year.\nCurrently, the EUR/USD is trading 1.1422, just below last week’s 1.1452 high. Taking out this level could drive the Forex pair into the March 9, 2020 top at 1.1496, followed closely by the January 1, 2019 main top at 1.1514. The latter is a potential trigger point for an even steeper rally with some speculators setting their sights on 1.1570 and 1.1622, both former tops.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• The Crypto Daily – Movers and Shakers – July 20th, 2020\n• Gold Price Futures (GC) Technical Analysis – Strengthens Over $1810.50, Weakens Under $1791.10\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Strengthens Over 10791.25, Weakens Under 10708.50\n• ‘No Company is Entirely Immune From a COVID-19 Led Economic Slowdown’ Says Fidelity’s Simnegar\n• Oil Price Fundamental Weekly Forecast – Weak Gasoline Demand Could Weigh on Prices\n• Bitcoin and Cardano’s ADA Weekly Technical Analysis – July 20th, 2020', 'The major Asia-Pacific stock indexes are trading mixed early Monday as investors awaited the release of China’s benchmark lending rate. Shares in Japan rose despite a dive in the country’s exports. Weakness in the financial sector are pushing down shares in Australia and Hong Kong is called lower in anticipation of a reaction to city-tightened restrictions.\nAt 01:26 GMT,Japan’s Nikkei 225 Indexis trading 22674.73, down 21.69 or -0.10% and South Korea’s KOSPI Index is at 2190.39, down 10.80 or -0.49%.\nChina’s Shanghai Index is trading 3213.74, down 0.39 or -0.01% and Australia’s ASX/200 Index is at 6010.20, down 23.40 or -0.39%.\nChina is expected to keep itsbenchmark lending ratesteady for the third straight month at its July fixing on Monday, a Reuters survey showed, encouraged by a stronger-than-expected rebound from the coronavirus crisis.\nThirty-four traders and analysts out of 36 participants in the snap survey this week predicted no change to the one-year Loan Prime Rate (LPR). The remaining two expected a marginal reduction of five basis points (bps) in both tenors.\nThe one-year LPR is now 3.85% after two cuts this year, while the five-year rate is at 4.65%.\nJapan’s exports fellin May at the fastest pace since the global financial crisis as U.S.-bound car shipments plunged, bolstering expectations for a deeper contraction in the world’s third-largest economy this quarter.\nU.S.-bound exports – Japan’s key market – halved to market the biggest annual drop since March 2009, due to more than 70% declines in shipments of cars and car parts. Japan is the world’s second-largest exporter of autos.\nU.S.-bound exports fell to 588 billion Yen ($5.48 billion), the lowest since February 2009, shrinking Japan’s trade surplus with the United States to 10 billion Yen, the smallest since records began in January 1979.\nHong Kong tightened coronavirus restrictions on Sunday, with non-essential civil servants told to work from home from this week, as the global financial hub reported a record number of daily cases.\nHong Kong leader Carrie Lam told a news conference the city recorded more than 100 cases in the past 24 hours, the most since the pandemic took hold in late January, taking the tally close to 2,000 patients, 12 of whom have died.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• Geopolitics and COVID-19 Put the EUR, Pound and the Greenback in Focus\n• AUD/USD and NZD/USD Fundamental Weekly Forecast – Weak AUD Jobs Data, NZ Inflation Raise Red Flags\n• European Equities: Futures Point to the Red as EU Recovery Fund Talks Stall\n• Oil Price Fundamental Weekly Forecast – Weak Gasoline Demand Could Weigh on Prices\n• Crude Oil Traders Look to China\n• Bitcoin and Cardano’s ADA Weekly Technical Analysis – July 20th, 2020', 'The major Asia-Pacific stock indexes are trading mixed early Monday as investors awaited the release of China’s benchmark lending rate. Shares in Japan rose despite a dive in the country’s exports. Weakness in the financial sector are pushing down shares in Australia and Hong Kong is called lower in anticipation of a reaction to city-tightened restrictions. At 01:26 GMT, Japan’s Nikkei 225 Index is trading 22674.73, down 21.69 or -0.10% and South Korea’s KOSPI Index is at 2190.39, down 10.80 or -0.49%. China’s Shanghai Index is trading 3213.74, down 0.39 or -0.01% and Australia’s ASX/200 Index is at 6010.20, down 23.40 or -0.39%. China to Keep Benchmark Lending Rate Unchanged for 3 rd Straight Month in July:\xa0 Reuters Poll China is expected to keep its benchmark lending rate steady for the third straight month at its July fixing on Monday, a Reuters survey showed, encouraged by a stronger-than-expected rebound from the coronavirus crisis. Thirty-four traders and analysts out of 36 participants in the snap survey this week predicted no change to the one-year Loan Prime Rate (LPR). The remaining two expected a marginal reduction of five basis points (bps) in both tenors. The one-year LPR is now 3.85% after two cuts this year, while the five-year rate is at 4.65%. Japan’s Exports Fall Most Since 2009 as U.S. Demand Slumps Japan’s exports fell in May at the fastest pace since **Last 60 Days of Bitcoin's Closing Prices:** [9081.76, 9182.58, 9209.29, 8790.37, 8906.93, 8835.05, 9181.02, 9525.75, 9439.12, 9700.41, 9461.06, 10167.27, 9529.80, 9656.72, 9800.64, 9665.53, 9653.68, 9758.85, 9771.49, 9795.70, 9870.09, 9321.78, 9480.84, 9475.28, 9386.79, 9450.70, 9538.02, 9480.25, 9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-07-20 **Financial & Commodity Data:** - Gold Closing Price: $1815.90 - Crude Oil Closing Price: $40.81 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $169,171,144,700 - Hash Rate: 121580323.15627 - Transaction Count: 309747.0 - Unique Addresses: 644972.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.44 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Nasdaq-listed bitcoin miner manufacturer Canaan is set to issue $12.4 million worth of shares in an employee benefit plan.The company hasfileda Form S-8 with the U.S. Securities and Exchange Commission (SEC) on Wednesday, saying that it will issue 51,624,000 Class A ordinary shares at a maximum price of $0.24 apiece.The Form S-8 filing is required for public companies who want to issue stock or stock options to its employees. It must be filed before a company issues securities.Canaan is issuing two types of Class A ordinary shares — the bulk ($10.9 million) granted under a 2018 share incentive plan and an additional $1.4 million reserved for future award grants under the same plan. Source: SECThe news comes just a few days after Canaanposteda total net loss of $5.6 million in the first quarter of 2020.China-based Canaan's stock has been under pressure in recent months and is currently down by over 10% in pre-market hours, according toTradingView. The stock is now trading at around $3; it initially sold for $8.99 apiece in November. © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['By Joyce Lee\nSEOUL (Reuters) - Day traders seeking help for gambling addiction have tripled in number in South Korea, as COVID-19 social distancing and working-from-home has freed up more time for online stock market trading, data showed.\nRetail investors, known locally as ants, were a force in a 50% stock-price surge after a virus-induced sell-off in March.\nFrom then through May, however, those seeking help for trading-related addictive behaviour reached 214, showed data from the Korea Center on Gambling Problems. The growth rate eclipsed the overall 16% rise in calls seeking help.\nThe trend is a worrying sign of things to come should social distancing practices such as work-from-home become the norm, experts said, as isolated individuals have even fewer mechanisms such as peer support to check addictive behaviour.\nCompulsive stock trading also lacks the social stigma that may act as a deterrent toward traditional forms of gambling, even though the stimulation behind both is similar, they said.\nSouth Korea has not enforced any virus-busting lockdown measures, even during the height of the outbreak in the country over February and March. Nevertheless, people and businesses by and large have followed government guidelines and refrained from social gatherings and instituted work-from-home arrangements.\nOne such individual was 35-year-old bank employee surnamed Lee. He has been trading shares online for over a year since hearing of a friend who made a windfall through frequently buying and selling stocks based on rumour and speculation.\nThough Lee has seen some success - once making a profit of several hundred thousand dollars in a single trade - increased trading time afforded by working-from-home culminated last month in him losing 1.2 billion won ($1 million) over five days.\nOn the insistence of his wife, he said, he subsequently sought help from a gambling addiction counsellor.\n"We tend to see an influx of people seeking help after a huge market dive," said Kim Yeon-su, treatment manager at the Korea Center on Gambling Problems help centre in Seoul. "It happened with Bitcoin and now it\'s happening with stocks."\nActive trading accounts - the bulk of which belong to retail investors - rose 2.8 million from mid-January through mid-July, versus 1.6 million in the same period last year, financial association data showed.\nThe surge was reflected in the July listing of SK Biopharmaceuticals Co Ltd, where each share on offer for retail investors attracted 323 prospective buyers whose down-payments totalled 31 trillion won. The successful buyers saw their investment more than quintuple in four days.\nInvestor message boards on South Korea\'s dominant internet search portal see high traffic throughout trading hours with posts such as, "I want to become a king ant" and "I was robbed today as usual", plus discussion of obscure stocks and preferred shares.\nMental health experts said trading can become high-stakes gambling, with little to hold back the trader when they can trade easily online at home and often on credit.\n"Some of these people are buying, selling, buying, selling... To become a gambler, you need immediate stimulation to the brain. Invest in stable things, wait three months - they don\'t do this," said psychiatrist Shin Young-chul at the Kangbuk Samsung Hospital.\n"For a person for whom 400 million won goes back and forth in a day, can they stay engaged in their job that earns 2 million won a month?"\n($1 = 1,203.1000 won)\n(Reporting by Joyce Lee; Editing by Christopher Cushing)', 'By Joyce Lee SEOUL (Reuters) - Day traders seeking help for gambling addiction have tripled in number in South Korea, as COVID-19 social distancing and working-from-home has freed up more time for online stock market trading, data showed. Retail investors, known locally as ants, were a force in a 50% stock-price surge after a virus-induced sell-off in March. From then through May, however, those seeking help for trading-related addictive behaviour reached 214, showed data from the Korea Center on Gambling Problems. The growth rate eclipsed the overall 16% rise in calls seeking help. The trend is a worrying sign of things to come should social distancing practices such as work-from-home become the norm, experts said, as isolated individuals have even fewer mechanisms such as peer support to check addictive behaviour. Compulsive stock trading also lacks the social stigma that may act as a deterrent toward traditional forms of gambling, even though the stimulation behind both is similar, they said. South Korea has not enforced any virus-busting lockdown measures, even during the height of the outbreak in the country over February and March. Nevertheless, people and businesses by and large have followed government guidelines and refrained from social gatherings and instituted work-from-home arrangements. One such individual was 35-year-old bank employee surnamed Lee. He has been trading shares online for over a year since hearing of a friend who made a windfall through frequently buying and selling stocks based on rumour and speculation. Though Lee has seen some success - once making a profit of several hundred thousand dollars in a single trade - increased trading time afforded by working-from-home culminated last month in him losing 1.2 billion won ($1 million) over five days. On the insistence of his wife, he said, he subsequently sought help from a gambling addiction counsellor. "We tend to see an influx of people seeking help after a huge market dive," said Kim Yeon-su, treatment manager at the Korea Center on Gambling Problems help centre in Seoul. "It happened with Bitcoin and now it\'s happening with stocks." Active trading accounts - the bulk of which belong to retail investors - rose 2.8 million from mid-January through mid-July, versus 1.6 million in the same period last year, financial association data showed. The surge was reflected in the July listing of SK Biopharmaceuticals Co Ltd, where each share on offer for retail investors attracted 323 prospective buyers whose down-payments totalled 31 trillion won. The successful buyers saw their investment more than quintuple in four days. Story continues Investor message boards on South Korea\'s dominant internet search portal see high traffic throughout trading hours with posts such as, "I want to become a king ant" and "I was robbed today as usual", plus discussion of obscure stocks and preferred shares. Mental health experts said trading can become high-stakes gambling, with little to hold back the trader when they can trade easily online at home and often on credit. "Some of these people are buying, selling, buying, selling... To become a gambler, you need immediate stimulation to the brain. Invest in stable things, wait three months - they don\'t do this," said psychiatrist Shin Young-chul at the Kangbuk Samsung Hospital. "For a person for whom 400 million won goes back and forth in a day, can they stay engaged in their job that earns 2 million won a month?" ($1 = 1,203.1000 won) (Reporting by Joyce Lee; Editing by Christopher Cushing) View comments', "Grayscale Investments, a company that manages cryptocurrency funds, announced Monday that shares of its Bitcoin Cash trust and Litecoin Trust have been approved for public listing by the Financial Industry Regulatory Authority (FINRA). What Happened The listings will represent\xa0the two cryptocurrencies, Bitcoin Cash (BCH)\xa0and Litecoin (LTC),\xa0which have market capitalizations of $4.2 billion and $2.8 billion, respectively. Bitcoin Cash or BCash was created as a hard fork to the world's apex cryptocurrency in 2017. Former Alphabet Inc. (NASDAQ: GOOGL ) (NASDAQ: GOOG ) employee Charlie Lee\xa0created Litecoin as a Bitcoin-spinoff in October 2011, with the\xa0intention to make cryptocurrency transactions faster. This would be the first time ever that publicly listed securities have ever derived their value from these cryptocurrencies. The Bitcoin Cash trust will trade under the symbol BCHG and the Litcoin Trust under LTCN on the otc markets. Grayscale\x92s offerings will allow institutional investors access to these cryptocurrencies, who have concerns about purchasing such assets directly, Fortune noted . The shares will reportedly trade at a premium to the price of their underlying crypto assets. Why It Matters Greyscale\xa0Bitcoin Trust (OTC: GBTC )\xa0shares are said to be one of the top five equities held by millennials even ahead of shares of Netflix Inc , (NASDAQ: NFLX ) according to Fortune. The company has six such offerings, including Greyscale Ethereum Trust (OTC: ETHE ) and Greyscale Ethereum Classic Trust (OTC: ETCG ). Greyscale\x92s shares trade on the OTCQX, which is overseen by FINRA and does not require registration with the United States Securities and Exchange Commission. Price Action Bitcoin Cash traded nearly 0.2% lower at $169.67 at press time on Tuesday, according to CoinMarketCap data. Litecoin traded about 0.4% lower at $42.35. See more from Benzinga Amazon Self-Driving Subsidiary Aurora Starts Testing Fleet In Texas Google Adds New Features Aimed At Remote Workers To Gmail For Business Microsoft, Amazon, Google Sued For Alleged Privacy Violation In Use Of IBM Facial Recognition Database © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", "Grayscale Investments, a company that manages cryptocurrency funds,announcedMonday that shares of its Bitcoin Cash trust and Litecoin Trust have been approved for public listing by the Financial Industry Regulatory Authority (FINRA).\nWhat Happened\nThe listings will represent\xa0the two cryptocurrencies, Bitcoin Cash (BCH)\xa0and Litecoin (LTC),\xa0which have market capitalizations of $4.2 billion and $2.8 billion, respectively.\nBitcoin Cash or BCash was created as a hard fork to the world's apex cryptocurrency in 2017.\nFormerAlphabet Inc.(NASDAQ:GOOGL) (NASDAQ:GOOG) employee Charlie Lee\xa0created Lite **Last 60 Days of Bitcoin's Closing Prices:** [9182.58, 9209.29, 8790.37, 8906.93, 8835.05, 9181.02, 9525.75, 9439.12, 9700.41, 9461.06, 10167.27, 9529.80, 9656.72, 9800.64, 9665.53, 9653.68, 9758.85, 9771.49, 9795.70, 9870.09, 9321.78, 9480.84, 9475.28, 9386.79, 9450.70, 9538.02, 9480.25, 9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-07-21 **Financial & Commodity Data:** - Gold Closing Price: $1842.40 - Crude Oil Closing Price: $41.96 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $172,990,358,825 - Hash Rate: 107783974.429318 - Transaction Count: 312871.0 - Unique Addresses: 660884.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.44 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: While fears of a “great monetary inflation” have driven the recent bitcoin narrative, other aspects like censorship resistance and peaceful protest matter just as much. Formore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS. This episode is sponsored byBitstampandCiphertrace. • Why bitcoin sold off • A bank-the-unbanked narrative for the digital dollar • It’s Dave Portnoy’s world and we’re all just living in it Related:Bitcoin Is More Than an Inflation Hedge When bitcoin’s halving coincided with the most aggressive central bank policy of all time, it set a clear narrative framework forbitcoinas an inflationary hedge. This was captured by people like legendary hedge fund investor Paul Tudor Jones, who warned of a “great monetary inflation.” See also:Why the Fed Keeps Denying Its Role in Increasing Inequality In this episode, NLW argues 1) that inflation could be a dangerous narrative to focus on too closely due to a number of countervailing deflationary forces, and 2) there are a variety of other narratives that are just as important to bitcoin, including: • Censorship resistance • Seizure-resistant asset • Currency controls and reshoring • Nations looking to escape USD system • Independent banking • Peaceful protest Formore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS. • The Chad Index Versus Doomer Internet Money: The Breakdown Weekly Recap • How the Porn Industry Changed During Coronavirus, With Performers Wary of Bitcoin • Bitcoin News Roundup for June 12, 2020... - Reddit Posts (Sample): [['u/Humble_Vegetable', 'Sapper School Tips From an Honor Grad and Ranger', 151, '2020-07-21 01:26', 'https://www.reddit.com/r/army/comments/huwbm4/sapper_school_tips_from_an_honor_grad_and_ranger/', '**Disclaimer:** Please let me know if I have violated any rules or confidentiality of the course and will comply with any adjustment. No answers are posted. These are some tangible thoughts and strategies for many sapper events that brought my squad and I considerable success moving through. I went through with consistently single-digit temperatures, so my skill set is that of a winter sapper and a summer ranger. I don\'t know how specific I can get without issue, but will attempt to be as specific as allowed.\n\n**Valid as of early 2020**\n\nThe best day to day description of Sapper school:\n\n[https://www.reddit.com/r/army/comments/bd58m5/sapper\\_school\\_descriptionguide/](https://www.reddit.com/r/army/comments/bd58m5/sapper_school_descriptionguide/)\n\n**Preparation:**\n\n1. Memorize the knots test. Yes, you will have to demonstrate the butterfly coil with a farmers tie off and/or the bowline on a coil. \n2. Memorize the sapper creed. You will be singled out eventually.\n3. Run often, no less than 5 miles with every hill you can find. My run route was traversing the base up and down every hill available. Often back and forth on the same hill loop for miles.\n4. You have access to TC 3-34.85 - read it. Understand the GS topics I will list below (in no particular order).\n5. Everything is for points. Never slack on a section because you think you\'re set. Identifying that type of anti-personnel mine everyone forgot the name of, could save you. If you have an hour to practice and rehearse, take the entire hour.\n\n**General Subjects**\n\nGS is playing the game for points, but the game is consistent dedication to clawing at a slightly higher score by practicing your PE\'s for the entire time allotted.\n\n​\n\n1. **Air Operations -**\n 1. Memorizing types of aircraft with their loads, personnel, landing space... the general pathfinder needs.\n 2. **Pathfinder Ops** \\- Included in Air Operations, the practical exercise portion memorizing comms with approaching aircraft, hands-on will teach you in person - the biggest challenge is memorizing the commands of adjusting flightpath of incoming airdrops. About half a page of scripted commands you send over the radio by memory.\n2. **Memorization Practical Exercises** \\- Do not stop practicing for any timeframe they allocate you.\n 1. **UXO** \\- No issue learning this in person. Fast notes. Practice identifying. Covers classification and method of delivery. Example being Anti Tank - High Explosive Anti Tank (HEAT). Anti-personnel - fragmentation handheld. Etc.\n 2. **Foreign Weapons** \\- Memorization by affiliation - naming a dozen foreign, mostly Russian rifles, antiaircraft guns, and machine guns.\n 3. **Foreign weapon assembly/disassembly** \\- 5 types of an AK, all the same basic parts but must identify the subtle differences (AK47, AK74, AK74U, etc). You disassemble and assemble for time. Practice for the entire time available to do so.\n3. **Waterborne Ops** \\- no issues, no written test\n 1. Boat test for rigging and lashing the transom, ruck loading, capsize drills. If we were graded for points, it was minuscule but were tested out pass-fail with a couple of rehearsal attempts and a graded attempt. My squad had no issue.\n4. **Hauling** \\- The most conceptual challenge of Sapper - most individual event no-go.\n 1. Building 2:1 redirect, 3:1 and 5:1 pulley systems to haul equipment.\n 2. Practice until you\'re sick of it, then do it again.\n 3. YOUTUBE THESE BEFOREHAND IF YOU DON\'T UNDERSTAND THE CONCEPT.\n 4. If they see you\'re good, prepare for the 5:1 system test-out.\n5. **A-Frame** \\- Most meticulously challenging squad event - squad pass/fail\n 1. Many squads cut losses on this, my squad did not, but we still missed the 20-minute window by 5 seconds.\n 2. Tip: The individuals that participate in the example keep the same role for the rest of GS. Don\'t let the "Strong Sapper" be the wraps and fraps leader (courdelletes tying the 2 pillars together at the joint to create the \'A\')\n6. **One Rope Bridge** \\- Easy points\n 1. Whoever is the position during the instructor example does not change for the rest of GS.\n 2. Smart sapper needs to be the bridge team commander (BTC) who ties the transport tightening system. All other positions can be anyone.\n7. **Casualty Belay** \\- Challenging, same approach as one rope bridge and A-frame.\n 1. \\*\\*\\*Someone writes down how to stage the equipment and the exact equipment list for staging\\*\\*\\* carabiners have different tensile strengths for different sections of the belay.\n 2. Don\'t make the same sappers run all the events, the processes become a little jumbled and hazy come mountain to test out.\n 3. One person masters their part in their specific order of events. They don\'t change from the instructor-led example. Everyone writes their specific task down step by step.\n8. **Prusik ascent** \\- Pass-Fail\n 1. Set up a prusik ascent in 3 minutes (I think its 3min). You have copious amounts of time to practice.\n 2. Ask questions early, practice it again, and again, and again. Then be sick of doing it and do it again.\n9. ** Rappelling on Tower day** \\- attention to detail keeps you from getting major minuses and you will be set. Hollywood and combat rappels, that use super 8, air traffic controller, super belay gadget, muntar hitch, and aussie. Timed and tested rappel seat with inspection (I wigged out and tied a granny.. minor minus). Timed and tested RMPI (rappel master personal inspection, very difficult to identify pebbles in pockets, minor minus). Then you will rig sked casualty belay during your mountain day.\n\nFrom a strategic standpoint, you can easily accrue 3 major minuses for safety violations if you misroute one of your dynamic ropes in the ATC/SBG, or enter the pit from an unauthorized side. Attention to detail10. **Preparing your mermite meals** dress-right-dress to standard in GS and part of patrol.\n11. Class leader delegates tasks. One squad unloads main meals and serves, one squad unloads fruits, desserts, juices, silverware, and distros to the place setting in formation, remaining squads hold 2 plates at a time and move through the line... everyone gets one item, all the same.\n12. My class could set 50 meals in 4 minutes.\n13. **Demo** \\- multiple choice\n 1. If you went to EBOLC, re-learn your demo week quizzes and tests. You will be set.\n 2. NCOs - link up with a 12B for their standard demolition testing, learn these calculations before showing up. They will include all your standard MSD (minimum safe distance) with and without blast blanket, some tricky NEW (net explosive weight) with caps, det cord, and blocks, the timing for time fuse and how much to cut, ribbon charges, and some others that confuse you on when to place what style charge because of the size of a bar, the material, or the location.\n\n**Patrols**\n\n1. **Treat it like it\'s real**. I can not stress this enough, more than any other aspect of patrols ten times over. Live in the moment, become insatiable from the act of treating everything like it\'s real. (Then when SI\'s leave, flip the script and run out to place the claymore).\n2. **Recycles run this phase**. Let them. Empower them and learn their special products - laminated folders that track equipment, personnel, and patrol base sectors of fire. This is PSG patrol base \'go.\'\n3. **Grading**\\- \\*\\*THIS IS ENTIRELY SPECULATION BASED ON RANGER SCHOOL\\*\\*Widely unknown but can assume its the ranger school style of 70%. They will never tell you though.. .. You must \'go\' 4/5 events, (or 5/7 if they want to help you out). The events you\'re graded on are never known, even after your evaluation in sapper, and an unbiased system should have them select the event before they know who they are grading. It does not work like this. Everything is written in pencil, until the day you tab. Never give them a reason to turn your good mission into a below the standard one. Graded events include, but are not limited to Patrol Base ops, react to contact, react to IDF, squad or platoon attack, reach to ambush near/far, ORP ops like ruck distribution plans, movement formation, communication (hand arm signal/coms with higher/gotwa distro), land navigation (one SI shift grades if you make it to OBJ, one SI shift will make you pinpoint within a 200-300 meter accuracy for a go), actions on objective, post actions on (mascal, casevac, ace, salute, epw search/clear, withdrawal) (this is a flimsy one, and I believe we admin endex\'d each mission in the interest of time for moving to the next mission. At night its white light to find your rucks. You don\'t leave ORP security, I believe there is a demolition application one you can be graded on as well. There are a dozen other grading points, but I just hit the major ones. You will get an AAR after your leadership day which in no way reflects your go/nogo from the tone of the review. A glowing AAR can still result in a nogo, always try your best on the next look.\n4. **OPORD**, know who is on what team\'s section of the OPORD. Do it once, learn from the critiques, write a copy of your product, and then rewrite it for test day. Shells made are okay, scripts are usually taken after use unless you take it back first. The SI\'s don\'t really care that much.\n5. I did not get to experience sapper school patrol base operations or priorities of work. I couldn\'t even tell you if they do POW in the patrol base. I went when it averaged single digits in the day and we were forbidden from sleeping on the ice/snow in the field. We had many hypothermia cases and equal amounts of heat casualties.\n\n**Personal Opinion for Success**\n\n1. My final and best recommendation. ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rallied by 2.43% on Tuesday. Reversing a 0.56% decline from Monday, Bitcoin ended the day at $9.402.0.\nIt was a bullish start to the day. Bitcoin rallied from an early morning intraday low $9,174.4 to an early afternoon intraday high $9,457.2.\nBitcoin broke through the major resistance levels before falling back to $9,340 levels.\nThe pullback saw Bitcoin fall through the third major resistance level at $9,358.03 before returning to $9,400 levels.\nResistance at $9,400 capped the upside late in the day.\nThe near-term bullish trend remained intact in spite of the early July pullback to sub-$9,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bullish day on Tuesday.\nTezos led the way, rallying by 9.29%.\nBitcoin Cash SV (+5.60%), Cardano’s ADA (+4.66%), Ethereum (+4.13%), Litecoin (+4.53%), also found strong support.\nBinance Coin (+1.43%), Bitcoin Cash ABC (+2.60%), EOS (+2.32%), Monero’s XMR (+0.68%), Ripple’s XRP (+2.53%), Stellar’s Lumen (+2.59%), and Tron’s TRX (+2.42%) trailed the front runners.\nAt the start of the week, the crypto total market cap fell to a Monday low $262.70bn before striking a Tuesday high $274.62bn. At the time of writing, the total market cap stood at $270.71bn.\nBitcoin’s dominance fell to a Monday low 63.20% before rising to a Tuesday high 64.08%. At the time of writing, Bitcoin’s dominance stood at 63.76%.\nAt the time of writing, Bitcoin was down by 0.30% to $9,373.9. A bearish start to the day saw Bitcoin fall from an early morning high $9,402.1 to a low $9,373.9.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day. Monero’s XMR bucked the trend at the time of writing, rising by 0.03%.\nIt was bearish for the rest of the majors, with Tezos down by 1.60% to lead the way down.\nBitcoin would need to avoid a fall through the $9,345 pivot to support a run at the first major resistance level at $9,515.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Tuesday’s high $9,457.2.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $9,627 before any pullback.\nFailure to avoid a fall through the $9,345 pivot level would bring the first major support level at $9,232 into play.\nBarring an extended crypto sell-off, however, Bitcoin should avoid sub-$9,100 levels. The second major resistance level sits at $9,062.\nThisarticlewas originally posted on FX Empire\n• E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Strong Opening, but Cautious Trade Late\n• EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – July 22nd, 2020\n• US Stock Market Overview – Stock Close Mixed, Energy Rises and Technology Lags\n• Natural Gas Price Forecast – Natural Gas Markets Recover a Bit on Tuesday\n• USD/CAD Daily Forecast – Test Of Support At 1.3440\n• Bank of America Struggling To Hold Above March Low', 'Bitcoin, BTC to USD, rallied by 2.43% on Tuesday. Reversing a 0.56% decline from Monday, Bitcoin ended the day at $9.402.0. It was a bullish start to the day. Bitcoin rallied from an early morning intraday low $9,174.4 to an early afternoon intraday high $9,457.2. Bitcoin broke through the major resistance levels before falling back to $9,340 levels. The pullback saw Bitcoin fall through the third major resistance level at $9,358.03 before returning to $9,400 levels. Resistance at $9,400 capped the upside late in the day. The near-term bullish trend remained intact in spite of the early July pullback to sub-$9,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Tuesday. Tezos led the way, rallying by 9.29%. Bitcoin Cash SV (+5.60%), Cardano’s ADA (+4.66%), Ethereum (+4.13%), Litecoin (+4.53%), also found strong support. Binance Coin (+1.43%), Bitcoin Cash ABC (+2.60%), EOS (+2.32%), Monero’s XMR (+0.68%), Ripple’s XRP (+2.53%), Stellar’s Lumen (+2.59%), and Tron’s TRX (+2.42%) trailed the front runners. At the start of the week, the crypto total market cap fell to a Monday low $262.70bn before striking a Tuesday high $274.62bn. At the time of writing, the total market cap stood at $270.71bn. Bitcoin’s dominance fell to a Monday low 63.20% before rising to a Tuesday high 64.08%. At the time of writing, Bitcoin’s dominance stood at 63.76%. This Morning At the time of writing, Bitcoin was down by 0.30% to $9,373.9. A bearish start to the day saw Bitcoin fall from an early morning high $9,402.1 to a low $9,373.9. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Monero’s XMR bucked the trend at the time of writing, rising by 0.03%. It was bearish for the rest of the majors, with Tezos down by 1.60% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $9,345 pivot to support a run at the first major resistance level at $9,515. Support from the broader market would be needed, however, for Bitcoin to break out from Tuesday’s high $9,457.2. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $9,627 before any pullback. Failure to avoid a fall through the $9,345 pivot level would bring the first major support level at $9,232 into play. Barring an extended crypto sell-off, however, Bitcoin should avoid sub-$9,100 levels. The second major resistance level sits at $9,062. This article was originally posted on FX Empire More From FXEMPIRE: E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Strong Opening, but Cautious Trade Late EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – July 22nd, 2020 US Stock Market Overview – Stock Close Mixed, Energy Rises and Technology Lags Natural Gas Price Forecast – Natural Gas Markets Recover a Bit on Tuesday USD/CAD Daily Forecast – Test Of Support At 1.3440 Bank of America Struggling To Hold Above March Low', 'Latvian state police said they had dismantled an organized cybercrime ring, seizing over 110,000 euros ($126,926) in cryptocurrencies from the alleged perpetrators.\n• Policesaid Monday they had confiscated110,000 euros-worth of bitcoin (BTC), ether (ETH), XRP and tether (USDT) from the group.\n• Additionally, over 12 raids they seized 280,000 euros ($323,084) and $37,000 in cash, 11 properties and three cars.\n• The gang is alleged to have engaged in “large-scale” money laundering from 2015 through 2020.\n• Officials arrested and charged three suspects with committing cyber fraud, procuring reams of private account data on the dark web, laundering money through gold and cryptocurrency, and targeting at least 1,000 victims around the world.\n• In a press statement, Latvian authorities declined to elaborate on the crime syndicate’s fraud tactics, saying that information was sensitive to the ongoing investigation.\n• Criminal proceedings began in late February, they said.\n• If convicted the suspects face three to 12 years in prison.\nRead more:The DOJ Wants to Hire a Crypto Crime Attorney Adviser\n• Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring\n• Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring\n• Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring\n• Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring', 'Latvian state police said they had dismantled an organized cybercrime ring, seizing over 110,000 euros ($126,926) in cryptocurrencies from the alleged perpetrators. Police said Monday they had confiscated 110,000 euros-worth of bitcoin (BTC), ether (ETH), XRP and tether (USDT) from the group. Additionally, over 12 raids they seized 280,000 euros ($323,084) and $37,000 in cash, 11 properties and three cars. The gang is alleged to have engaged in “large-scale” money laundering from 2015 through 2020. Officials arrested and charged three suspects with committing cyber fraud, procuring reams of private account data on the dark web, laundering money through gold and cryptocurrency, and targeting at least 1,000 victims around the world. In a press statement, Latvian authorities declined to elaborate on the crime syndicate’s fraud tactics, saying that information was sensitive to the ongoing investigation. Criminal proceedings began in late February, they said. If convicted the suspects face three to 12 years in prison. Read more: The DOJ Wants to Hire a Crypto Crime Attorney Adviser Related Stories Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring', 'The Supreme People’s Court of China has said the country’s legal system should strengthen protections around digital currency ownership rights.\n• Published Wednesday, a newguidelinefrom the supreme court, under the section “Strengthening judicial protection for property and equity rights,” specifies that the legal system should enhance protections over new types of ownership rights such as digital currencies, online virtual assets and data.\n• While the court did not elaborate on details or provide a definition of “digital currencies,” the guideline comes at a time when there are rising numbers of legal disputes in China over the ownership of digital assets, including major cryptocurrencies likebitcoin (BTC)andether (ETH).\n• Previouslythere have beenlegal decisions **Last 60 Days of Bitcoin's Closing Prices:** [9209.29, 8790.37, 8906.93, 8835.05, 9181.02, 9525.75, 9439.12, 9700.41, 9461.06, 10167.27, 9529.80, 9656.72, 9800.64, 9665.53, 9653.68, 9758.85, 9771.49, 9795.70, 9870.09, 9321.78, 9480.84, 9475.28, 9386.79, 9450.70, 9538.02, 9480.25, 9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-07-22 **Financial & Commodity Data:** - Gold Closing Price: $1864.10 - Crude Oil Closing Price: $41.90 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $172,990,358,825 - Hash Rate: 124167138.542574 - Transaction Count: 364792.0 - Unique Addresses: 748958.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.50 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Balancer fell victim to a “flash loan” exploit, a mining conglomerate sees potential in blockchain and a shareholders association said EY should have caught Wirecard’s multi-billion-dollar blackhole earlier. Flash loans are one of many novel financial products made possible through decentralized technologies. But with innovation comes risk. Here’s the story: You’re readingBlockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and all of CoinDesk’snewsletters here. Related:First Mover: The Return of the Bitcoin Retail Investor (and Why That’s a Good Thing) Flash loans & hacksA hacker exploited a smart contract loophole early Monday to drain$500,000-worth of tokensfrom DeFi liquidity provider Balancer Pool. CTO Mike McDonald said in a blog the attacker had borrowed $23 million-worth of WETH tokens in a flash loan from dYdX, and used those token to trade against themselves with a variety of investment-grade Stratera tokens. A flash loan was used in February to cripple the bZx exchange. These types of attacks leverage aprotocol’s built in capabilitiesand novel financial instruments, rather than hacking the code base. This hack follows news of870 bitcoinsstored on Blockstream’s Liquid Network being made vulnerable to network moderators’ seizure last week, said Summa founder James Prestwich. Blockchain dealsMining conglomerate BHP completed a$14 million dealwith a Chinese metals giant using the blockchain-based MineHub platform to process contract terms, exchange documents online and provide visibility and accountability along the supply chain. Elsewhere, the South Korean government chose blockchain startup Sendsquare to develop aproof-of-conceptblockchain registry to help analyze, anonymize and store clinical data for diabetes. Privacy and pseudo-anonymityBitcoin’s culture is heavily influenced by the rights topseudonymity and privacyonline. Beginning with Satoshi Nakamoto, a long line of crypto developers have taken the route of remaining pseudo-anonymous for personal safety as well as to maintain consistent worldviews. Sometimes seen as needless obfuscation, masked identities allow people to “be who you are,” Engineer Kee Hinckley said. It also informs the projects being built, such as the many privacy-forward experiments on Bitcoin. Auditing slipA German shareholder body has accused “Big Four” auditor Ernst & Young of failing to spot a$2.1 billion black holein Wirecard’s books soon enough. Shareholders’ association SdK filed criminal damages against EY Friday for not flagging Wirecard’s accounting practices earlier, reports CNBC. The group holds EY, and two current and one former employee in particular, responsible for not alerting the authorities and investors sooner, which ultimately culminated in the precipitous drop in the Wirecard share price. Related: SEC Chair Crypto Mom?Commissioner Hester “Crypto Mom” Peircecould become SEC chair,if President Donald Trump’s nomination of current Chairman Jay Clayton to U.S. Attorney for the Southern District of New York goes through. If Clayton is confirmed, the president will likely appoint, as is tradition, the senior-most commissioner belonging to his political party; that would be Crypto Mom. • The Finance Department of Switzerland thinks existing tax law covers DeFi (Decrypt) • Compound Finance is a “TVL” unicorn, as of Friday (Decrypt) • Crypto M&A is led by exchanges,The Blockfound • Ross Ulbrichtweighs inon MakerDAO • Will Bitcoin see areturn of the retailinvestor? • Matic Network went live with itsstaking solution Back in the greenBitcoin chalked outminor price gainson Sunday, ending its longest run of daily losses for half a year. The leading cryptocurrency by market value jumped 1.2%, having suffered losses in each of the preceding five days, according to CoinDesk’sBitcoin Price Index. Prices last took a beating for five consecutive days in early December 2019. Both five-day drops saw prices decline by around $900 over the 5-day periods. Sunday’s rise has kept the multi-week long trading range of $9,000 to $10,000 intact. Volatility trendsRecent market data suggests thatbitcoin is becoming less volatile,while stocks are increasingly volatile, CoinDesk Head of Research Noelle Acheson said, in the latest Crypto Long & Short newsletter. If the trend continues, it could have profound effects on bitcoin’s adoption, as Fidelity found the biggest barrier to entry is crypto’s market turbulence. “With the narrowing of the differential, that barrier could disappear, or at least significantly diminish. It’s not just that bitcoin’s volatility seems to be trending down – if volatility overall is more acceptable, bitcoin’s swings could be seen as less of a negative,” Acheson said. Though for some, she remembers, volatility is the whole point. “Where else are you going to get high potential returns?”Subscribe hereto get Crypto Long & Short in your inbox. Valuing bitcoinNearly half of investors in a recent survey said a lack of fundamentals keeps them from participating. In a 30-minute webinar July 7, CoinDesk Research will explore one of the first and oldest unique data points to be developed by crypto asset analysts: Bitcoin Days Destroyed. We’ll be joined by Lucas Nuzzi, a veteran analyst and a network data expert at Coin Metrics. Lucas and CoinDesk Research will walk you through the structure of this unique financial metric and demonstrate some of its many applications.Sign up for the July 7 webinar“How to Value Bitcoin: Bitcoin Days Destroyed.” Is the Travel Rule good or bad for crypto? BothProfessor Malcolm Campbell-Verduyn and blockchain researcher Moritz Hütten break down what is sometimes thought of as an“existential crisis” for crypto:Financial Action Task Force’s “Travel Rule.” They argue the new requirements will lead to a bifurcation in the industry, with one path moving closer to the regulatory schema big banks follow and one diverging towards underground, grey market dealings. • Blockchain Bites: EY’s Auditing Slip and Bitcoin’s Long Line of Pseudonymous Developers • Blockchain Bites: EY’s Auditing Slip and Bitcoin’s Long Line of Pseudonymous Developers... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Last week\'s hack of over 100 very high-profile Twitter accounts did in fact expose the direct messages of many of those accounts, the company admitted today — including those of an elected official in the Netherlands, Geert Wilders. The attack saw numerous popular accounts of celebrities and politicians taken over and tweeting a very obvious Bitcoin scam that nevertheless seems to have netted at least six figures. Twitter said that a "coordinated social engineering attack" gave hackers "access to internal systems and tools." Verified users were also briefly prevented from tweeting (a change some welcomed). In tweets and an update to its blog post on the "security incident," Twitter said that "for up to 36 of the 130 targeted accounts, the attackers accessed the DM inbox." They are "actively working on communicating directly" with those accounts affected. We believe that for up to 36 of the 130 targeted accounts, the attackers accessed the DM inbox, including 1 elected official in the Netherlands. To date, we have no indication that any other former or current elected official had their DMs accessed. — Twitter Support (@TwitterSupport) July 22, 2020 Twitter had declined to say in the immediate aftermath of the attack whether DMs had been accessed by the hackers. Twitter\'s messaging system is infamously not well encrypted but it was not clear whether the administrative tool reportedly used by the attackers offered access to inboxes. A hacker used Twitter’s own ‘admin’ tool to spread cryptocurrency scam Apparently whatever method was used, it gave access to DMs some of the time, or perhaps the hackers simply didn\'t avail themselves of the opportunity for the remaining 94 accounts they took over. It\'s not really clear from Twitter\'s announcement. Twitter has previously said that it has "no evidence" that passwords were accessed by the hackers, and nothing in the update contradicts that. The company attempted to place a silver lining on this cloud, saying it had "no indication that any other former or current elected official had their DMs accessed." Considering the accounts of Barack Obama and Joe Biden were among those affected, that is technically good news. This is almost certainly not the last we\'ll hear from Twitter on this disturbing security breach.', 'Last week\'s hack of over 100 very high-profile Twitter accountsdid in fact expose the direct messages of many of those accounts, the company admitted today — including those of an elected official in the Netherlands, Geert Wilders.\nThe attack saw numerous popular accounts of celebrities and politicians taken over and tweeting a very obvious Bitcoin scam that nevertheless seems to have netted at least six figures.Twittersaid that a "coordinated social engineering attack" gave hackers "access to internal systems and tools." Verified users were also briefly prevented from tweeting (a change some welcomed).\nIn tweets and anupdate to its blog poston the "security incident," Twitter said that "for up to 36 of the 130 targeted accounts, the attackers accessed the DM inbox." They are "actively working on communicating directly" with those accounts affected.\nTwitter had declined to say in the immediate aftermath of the attack whether DMs had been accessed by the hackers. Twitter\'s messaging system is infamously not well encrypted but it was not clear whether the administrative tool reportedly used by the attackers offered access to inboxes.\nA hacker used Twitter’s own ‘admin’ tool to spread cryptocurrency scam\nApparently whatever method was used, it gave access to DMs some of the time, or perhaps the hackers simply didn\'t avail themselves of the opportunity for the remaining 94 accounts they took over. It\'s not really clear from Twitter\'s announcement. Twitter has previously said thatit has "no evidence" that passwords were accessedby the hackers, and nothing in the update contradicts that.\nThe company attempted to place a silver lining on this cloud, saying it had "noindication that any other former or current elected official had their DMs accessed." Considering the accounts of Barack Obama and Joe Biden were among those affected, that is technically good news.\nThis is almost certainly not the last we\'ll hear from Twitter on this disturbing security breach.', 'NEW YORK, NY / ACCESSWIRE / July 22, 2020 / BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the exclusive primary listing of Swingby ($SWINGBY) on July 24th at 10:00 a.m. EDT. As the first platform to list Swingby, BitMax will facilitate a public sale on behalf of the project with a total allocation of 8,000,000 tokens on July 23 rd at 9:00 a.m. EDT. The public sale will be conducted via a novel "auction" mechanism which will allow users to determine the fair value of tokens by placing bids between 400 USDT and 550 USDT to win a tranche of 20,000 SWINGBY, indicating a price range of 0.020 - 0.025 USDT per token. With regards to the listing collaboration, Shane Molidor, Global Head of Business Development at BitMax.io, notes: "The BitMax.io team has been working closely with the Swingby team to structure a creative go-to-market strategy for the past 6 months. We are very excited about the project\'s innovative cross-chain swap protocol and believe the industry\'s recent enthusiasm for DeFi projects will help boost further community adoption for Swingby." BitMax.io\'s recent listings have achieved promising return on investment ("ROI") for BitMax.io users with RiveX ($RVX), xDai STAKE ($STAKE), FIO Protocol ($FIO), and Orion Protocol ($ORN) all currently trading at an average of 9x relative to their opening prices. About BitMax.io Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions. For more information and updates, please visit: Website: https://bitmax.io/ Twitter: https://twitter.com/BitMax_Official Telegram: https://t.me/BitMaxioEnglishOfficial Story continues About Swingby Swingby is a decentralized cross-chain swap protocol for moving assets between blockchains. It builds trustless bridges between BTC, Ethereum, Binance Chain and other blockchains secured by a network of node groups that facilitates fast inter-blockchain swaps based on Threshold Signature Cryptography (TSS) and Multi-Party Computing (MPC) technology. For more information and updates, please visit: Website: https://swingby.network/ Twitter: https://twitter.com/SwingbyProtocol Telegram: https://t.me/swingby [email protected] Bella Long +1 (917) 379-8248 SOURCE: BitMax View source version on accesswire.com: https://www.accesswire.com/598578/BitMaxio-Announced-the-Exclusive-Primary-Listing-of-Swingby-with-Auction', 'NEW YORK, NY / ACCESSWIRE / July 22, 2020 /BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the exclusive primary listing of Swingby ($SWINGBY) on July 24th at 10:00 a.m. EDT.\nAs the first platform to list Swingby, BitMax will facilitate a public sale on behalf of the project with a total allocation of 8,000,000 tokens on July 23rdat 9:00 a.m. EDT. The public sale will be conducted via a novel "auction" mechanism which will allow users to determine the fair value of tokens by placing bids between 400 USDT and 550 USDT to win a tranche of 20,000 SWINGBY, indicating a price range of 0.020 - 0.025 USDT per token.\nWith regards to the listing collaboration, Shane Molidor, Global Head of Business Development at BitMax.io, notes: "The BitMax.io team has been working closely with the Swingby team to structure a creative go-to-market strategy for the past 6 months. We are very excited about the project\'s innovative cross-chain swap protocol and believe the industry\'s recent enthusiasm for DeFi projects will help boost further community adoption for Swingby."\nBitMax.io\'s recent listings have achieved promising return on investment ("ROI") for BitMax.io users with RiveX ($RVX), xDai STAKE ($STAKE), FIO Protocol ($FIO), and Orion Protocol ($ORN) all currently trading at an average of 9x relative to their opening prices.\nAbout BitMax.io\nLaunched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions.\nFor more information and updates, please visit:\nWebsite:https://bitmax.io/Twitter:https://twitter.com/BitMax_OfficialTelegram:https://t.me/BitMaxioEnglishOfficial\nAbout Swingby\nSwingby is a decentralized cross-chain swap protocol for moving assets between blockchains. It builds trustless bridges between BTC, Ethereum, Binance Chain and other blockchains secured by a network of node groups that facilitates fast inter-blockchain swaps based on Threshold Signature Cryptography (TSS) and Multi-Party Computing (MPC) technology.\nFor more information and updates, please visit:\nWebsite:https://swingby.network/Twitter:https://twitter.com/SwingbyProtocolTelegram:https://t.me/[email protected] Long+1 (917) 379-8248\nSOURCE:BitMax\nView source version on accesswire.com:https://www.accesswire.com/598578/BitMaxio-Announced-the-Exclusive-Primary-Listing-of-Swingby-with-Auction', "Apple Inc (NASDAQ: AAPL ) co-founder Steve Wozniak is suing Alphabet Inc (NASDAQ: GOOGL ) (NASDAQ: GOOG ) subsidiary YouTube LLC, alleging his name and likeness was used for a Bitcoin giveaway scam, Bloomberg reported Wednesday. What Happened Scammers reportedly used both the image\xa0and video of Wozniak to get the users of\xa0video streaming plat **Last 60 Days of Bitcoin's Closing Prices:** [8790.37, 8906.93, 8835.05, 9181.02, 9525.75, 9439.12, 9700.41, 9461.06, 10167.27, 9529.80, 9656.72, 9800.64, 9665.53, 9653.68, 9758.85, 9771.49, 9795.70, 9870.09, 9321.78, 9480.84, 9475.28, 9386.79, 9450.70, 9538.02, 9480.25, 9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-07-23 **Financial & Commodity Data:** - Gold Closing Price: $1889.10 - Crude Oil Closing Price: $41.07 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $172,990,358,825 - Hash Rate: 117268964.179098 - Transaction Count: 336245.0 - Unique Addresses: 696765.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.55 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: 500 Miners Expected to Generate 55 PH/s (petahash) of Hashing Power Company Estimates Increase in Operating Hashrate to Approximately 240 PH/s When all Miners are Received and Deployed LAS VEGAS, June 11, 2020 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (NASDAQ: MARA ) ("Marathon" or "Company"), one of the few Nasdaq listed cryptocurrency mining companies in the United States, today announced the purchase of an additional 500 of the latest generation Bitmain S19 Pro Miners. These 500 miners will produce 110 TH/s and generate 55 PH/s (petahash) of hashing power, bringing the Company’s total Hashrate to approximately 240 PH/s when fully deployed. This compares to the Company’s previous S-9 production of 46 PH/s. The purchase price paid was $1,190,000. The Company expects to take delivery of these latest units by the end of September. On May 11, 2020, Marathon announced the purchase of 700 M30S+ (80 TH) miners which now have been fully installed and are operational. On May 12, 2020, the Company announced the purchase 660 Bitmain S19 Pro Miners followed by the announced purchase of an additional 500 on May 19, 2020. Today’s announcement of the purchase of an additional 500 S19 Pro Miners brings the total state of the art, next generation miners purchased in the past month to 2,360 units. The Company is expecting delivery and installation of 1,160 Bitmain S19 Pro ASIC Miners in approximately the next 30-60 days, followed by the remaining 500 shortly thereafter. Marathon’s Chief Executive Officer, Merrick Okamoto, stated “In the past month, we have heavily invested in our business through the purchase of these 2,360 next generation miners. We anticipate that, upon full installation, we could experience at least a 500% increase in our aggregate hash rate as compared to our production rates before these new miners were acquired and installed.” With the recent price increase of Bitcoin, each batch of new Bitcoin miners has been selling out, pushing acquisition and delivery dates out by several months. The Company has worked very aggressively to acquire miners with the nearest delivery dates in order to expedite its ability to bring miners online to ramp up production in the shortest timeframe possible. The Company has reached this goal with miners scheduled to arrive in June, July, and September of this year. Only one NASDAQ listed company has announced a greater increase in hashrate expected this summer than Marathon. Story continues Investor Notice Investing in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described under "Risk Factors" in Item 1A of our most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2018. If any of these risks were to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our securities could decline, and you could lose part or all of your investment. The risks and uncertainties we describe are not the only ones facing us. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. See "Safe Harbor" below. Forward-Looking Statements Statements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by the use of words such as “may,” “will,” “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Risk Factors” in the Company's Annual Reports on Form 10-K, as may be supplemented or amended by the Company's Quarterly Reports on Form 10-Q. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise. CONTACT INFORMATION Name: Jason Assad Phone: 678-570-6791 Email: [email protected]... - Reddit Posts (Sample): [['u/ndroftheline', 'Can people test and confirm this - gaming *just works* on Mining GPU in Pop_OS 20.04', 33, '2020-07-23 00:31', 'https://www.reddit.com/r/linux_gaming/comments/hw3pfg/can_people_test_and_confirm_this_gaming_just/', 'Reposting here because moderators removed it from /r/gaming (unclear why, I\'ve asked on the form)\n\nI bought a really inexpensive P106 gaming GPU from Taobao, it\'s one of the super low-end P106-090 jobs. Threw it in a spare Haswell-generation mini ITX build I\'ve just upgraded from. Installed Pop\\_OS 20.04...and started playing, immediately, with no setup. My whole desktop (including all apps and games) are being rendered on the P106, and the video signal is coming through the iGPU outputs (right now I happen to be using a VGA output). Getting solid 60-100fps framerates in all the Linux-native games I\'ve tried (sometimes having to tinker with quality settings), and a good handful of the Windows-only games I\'ve tried. Unigine Heaven getting \\~1100 score on Extreme preset.\n\nBut the key thing is I\'m getting what seems like 85% (?) of a GTX 1060 gaming experience using a $30 mining card...and I didn\'t have to faff around with "hacking" drivers or anything. It\'s literally an out of the box gaming experience; Pop\\_OS\' hybrid graphics functionality just make it work immediately.\n\nI\'m sort of pinching myself, not sure if I just got lucky with some random alignment of firmware versions, which I didn\'t attempt to do at all. Can other owners of similar equipment test this, just install Pop\\_OS 20.04 and see if, for example, Unigine Heaven renders using the P106 out of the box?\n\nThanks and game on!\n\naddendum1: \n\n/r/gaming moderator\'s reply: "The bit about mining was a red flag about bitcoin mining, but reading through the post seems to be not about that. Soooo just approved that for ya." so this is now a duplicate of that post, sorry', 'https://www.reddit.com/r/linux_gaming/comments/hw3pfg/can_people_test_and_confirm_this_gaming_just/', 'hw3pfg', [['u/YanderMan', 12, '2020-07-23 01:54', 'https://www.reddit.com/r/linux_gaming/comments/hw3pfg/can_people_test_and_confirm_this_gaming_just/fyxf34o/', 'How did you actually set it up? Are you implying that PopOS actually recognized the headless card and re-routed the signal to your iGPU by itself?', 'hw3pfg'], ['u/gardotd426', 11, '2020-07-23 02:06', 'https://www.reddit.com/r/linux_gaming/comments/hw3pfg/can_people_test_and_confirm_this_gaming_just/fyxgf9w/', 'I\'m actually rather shocked. \n\nI recall a somewhat (time is meaningless at this point) LTT video where they got one of those mining cards with no outputs and tried to run it on Windows, couldn\'t get the driver "hack" working right, and then tried it on Linux and were able to play some games with it, but it wasn\'t quite as smooth or performant as what you\'re describing. Come to think of it, they also did that with a weird Chinese motherboard that had an integrated onboard GTX 1060 or something like that, and did the same thing, tried Windows fist, no dice, went to Linux. \n\nSo it seems like it\'s no surprise that it "works," but I\'m surprised it works so well, so easily. But I don\'t think anything about it sounds that crazy.', 'hw3pfg'], ['u/ndroftheline', 10, '2020-07-23 05:25', 'https://www.reddit.com/r/linux_gaming/comments/hw3pfg/can_people_test_and_confirm_this_gaming_just/fyy0yi0/', 'yes, entirely by itself. i did nothing on purpose.', 'hw3pfg'], ['u/viboc', 10, '2020-07-23 09:51', 'https://www.reddit.com/r/linux_gaming/comments/hw3pfg/can_people_test_and_confirm_this_gaming_just/fyykmqs/', 'Can we stop spreading misinformation about Nvidia drivers? I dislike the company as well but their drivers are solid and no longer than 4 years ago Nvidia was the only option if you wanted gaming on Linux. Also, the fact that mining cards work for desktop use with no restrictions is more than just "nice".', 'hw3pfg']]], ['u/liferemixed', '[Verzuz Game Thread] DMX vs Snoop Dogg', 597, '2020-07-23 02:19', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/', "Another great night of rap battles, let's go. DMX started with an amazing prayer.\n\nhttps://www.instagram.com/verzuztv/live/ \n\nApple music tracklist: https://music.apple.com/us/playlist/dmx-vs-snoop-dogg/pl.u-2506u21qmm \n\nVOD https://www.youtube.com/watch?v=BTCSsml_A4s", 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/', 'hw5k5p', [['u/Iotatl', 22, '2020-07-23 02:20', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxhwdg/', 'DMX HAS BEEN EATING GOOD I SEE', 'hw5k5p'], ['u/DPZ1156', 28, '2020-07-23 02:25', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxii05/', 'Snoop is vibing so hard to X’s music lmao, hes lovin this', 'hw5k5p'], ['u/harzee', 228, '2020-07-23 02:35', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxjjkt/', 'I can’t believe the lack of interest for this in this subreddit. Absolutely pathetic. These are two goats going back n forth right now', 'hw5k5p'], ['u/gypsysiren11', 59, '2020-07-23 02:35', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxjl6k/', 'This shit should be on the front page, two legends right here\n\nScore: 11-9 Snoop final.', 'hw5k5p'], ['u/yaboyjiggleclay', 87, '2020-07-23 02:38', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxjvco/', 'These kids are too young that’s why. 93-98 era rap was UNMATCHED tbh', 'hw5k5p'], ['u/yaboyjiggleclay', 27, '2020-07-23 02:39', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxjz8h/', 'I HATE how DMX only plays his record for like 30 seconds. He needs to let it ride out a little longer.', 'hw5k5p'], ['u/2e7en_', 36, '2020-07-23 02:42', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxkbg6/', 'he can barely stand for that long dont make the man pass out on us like that.', 'hw5k5p'], ['u/whalestick', 14, '2020-07-23 02:43', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxkdi1/', 'Man can barely get the 30 seconds out by the sound of it', 'hw5k5p'], ['u/2e7en_', 52, '2020-07-23 02:43', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxkdkq/', 'this sub is like 80% teen nathans, what you expect.', 'hw5k5p'], ['u/supah015', 34, '2020-07-23 02:45', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxkkk6/', "It's just age dude. Not that bad. I'm loving this though.", 'hw5k5p'], ['u/brandnameb', 17, '2020-07-23 02:45', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxkm04/', "Man DMX gained weight. I'm happy lol", 'hw5k5p'], ['u/yaboyjiggleclay', 11, '2020-07-23 02:49', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxl1wv/', 'Snoop’s No Limit albums suck but he had some bangers on them. Personal favs with “Bitch Please” & “Down 4 My Niggaz”', 'hw5k5p'], ['u/fanofsports12', 10, '2020-07-23 02:51', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxl78n/', 'automatic W by DMX that round', 'hw5k5p'], ['u/mrpoodles11', 27, '2020-07-23 02:51', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxl8e1/', 'This has been fun as fuck. DMX has lost a step for sure but snoop is ducking awesome. And DMX still hilarious.', 'hw5k5p'], ['u/I_am_gettys', 27, '2020-07-23 02:55', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxlpxc/', 'Better than him being on crack still. Good for him.', 'hw5k5p'], ['u/Mig1997', 10, '2020-07-23 02:59', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxm3na/', 'Who would even match his catalogue? Jay?', 'hw5k5p'], ['u/Mig1997', 13, '2020-07-23 03:00', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxm7x8/', 'I love Tha Shiznit\n\n\nBUT GET IT ON THE FLOOR WAS THE ONE', 'hw5k5p'], ['u/Mig1997', 18, '2020-07-23 03:07', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxmwqv/', 'What These Bitches Want is another automatic dub. Lord have mercy', 'hw5k5p'], ['u/yaboyjiggleclay', 16, '2020-07-23 03:08', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxn00p/', 'Y’all was shortchanging X don’t think I ain’t see that. He has bangers', 'hw5k5p'], ['u/katsu11', 37, '2020-07-23 03:08', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxn1ku/', "There was Brenda, LaTisha, Linda, Felicia (okay)\nDawn, LeShaun, Ines, and Alicia (ooh)\nTeresa, Monica, Sharron, Nicki (uh-huh)\nLisa, Veronica, Karen, Vicky (damn)\nCookies, well I met her in a ice cream parlor (aight?)\nTonya, Diane, Lori and Carla (okay)\nMarina (uh) Selena (uh) Katrina (uh) Sabrina (uh)\nAbout three Kim's (what?) LaToya, and Tina (WHOO!)\nShelley, Bridget, Cavi, Rasheeda (uh-huh)\nKelly, Nicole, Angel, Juanita (damn!)\nStacy, Tracie, Rohna, and Ronda (what?)\nDonna, Ulanda (what?) Tawana, and Wanda (what?)", 'hw5k5p'], ['u/CoweedandCannibus', 13, '2020-07-23 03:13', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxniwo/', 'What are the chances DMX plays Go To Sleep?', 'hw5k5p'], ['u/BookerTeet', 135, '2020-07-23 03:14', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxnmp1/', 'Dmx - “usually when I performed that song my shirt would come off but it ain’t coming off today. You see the situation”\n\nSnoop - “lmf... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 0.60% on Thursday. Following on from a 1.65% rally on Wednesday, Bitcoin ended the day at $9,615.0. It was a bearish first half of the day. Bitcoin fell to an early afternoon intraday low $9,475.0 before making a move. Steering clear of the first major support level at $9,361, Bitcoin rallied to a late afternoon intraday high $9,685.4. Bitcoin came within range of the first major resistance level at $9,698.4 before falling back to sub-$9,600 levels. Finding late support, however, Bitcoin moved back through to $9,600 levels to deliver the upside on the day. The near-term bullish trend remained intact in spite of the early July pullback to sub-$9,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Thursday. Binance Coin and Ethereum rallied by 3.64% and by 4.31% respectively to lead the way. Bitcoin Cash SV (+0.02%), Cardano’s ADA (+0.38%), Monero’s XMR (+2.54%), Ripple’s XRP (+2.30%), Stellar’s Lumen (+0.88%), and Tezos (+2.54%) also found support. Bitcoin Cash ABC (-0.48%), EOS (-0.43%), Litecoin (-0.18%), and Tron’s TRX (-0.48%) bucked the trend on the day. In the current week, the crypto total market cap fell to a Monday low $262.70bn before rising to a Thursday high $286.03bn. At the time of writing, the total market cap stood at $281.11n. Bitcoin’s dominance rose to a Tuesday high 64.08% before sliding to a Thursday low 62.47. At the time of writing, Bitcoin’s dominance stood at 62.93%. This Morning At the time of writing, Bitcoin was down by 0.24% to $9,592.0. A bearish start to the day saw Bitcoin fall from an early morning high $9,615.5 to a low $9,585.7. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was another mixed start to the day. At the time of writing, Binance Coin was up by 0.04% to buck the trend. Story continues It was a bearish start for the rest of the majors, with Tezos down by 1.36% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the $9,592 pivot to support a run at the first major resistance level at $9,709. Support from the broader market would be needed, however, for Bitcoin to break out from Thursday’s high $9,685.4. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $9,802.2 before any pullback. Failure to avoid a fall back through the $9,592 pivot level would bring the first major support level at $9,500 into play. Barring an extended crypto sell-off, however, Bitcoin should steer well clear of sub-$9,300 levels. The second major resistance level at $9,381.4 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: Silver Price Forecast – Silver Markets Pull Back US Stocks Market Overview – Stocks Drop Led Down by Technology Twitter Q2 Revenue Falls 19% But Daily Monetizable Users Jump to Record 186 Million; Target Price $43 Oil Tries To Stay Above The Key Support Level At $41.50 E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Strong Over 10909.75, Weak Under 10708.25 European Equities: Private Sector PMIs and Geopolitics in Focus', 'Bitcoin, BTC to USD, rose by 0.60% on Thursday. Following on from a 1.65% rally on Wednesday, Bitcoin ended the day at $9,615.0.\nIt was a bearish first half of the day. Bitcoin fell to an early afternoon intraday low $9,475.0 before making a move.\nSteering clear of the first major support level at $9,361, Bitcoin rallied to a late afternoon intraday high $9,685.4.\nBitcoin came within range of the first major resistance level at $9,698.4 before falling back to sub-$9,600 levels.\nFinding late support, however, Bitcoin moved back through to $9,600 levels to deliver the upside on the day.\nThe near-term bullish trend remained intact in spite of the early July pullback to sub-$9,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Thursday.\nBinance Coin and Ethereum rallied by 3.64% and by 4.31% respectively to lead the way.\nBitcoin Cash SV (+0.02%), Cardano’s ADA (+0.38%), Monero’s XMR (+2.54%), Ripple’s XRP (+2.30%), Stellar’s Lumen (+0.88%), and Tezos (+2.54%) also found support.\nBitcoin Cash ABC (-0.48%), EOS (-0.43%), Litecoin (-0.18%), and Tron’s TRX (-0.48%) bucked the trend on the day.\nIn the current week, the crypto total market cap fell to a Monday low $262.70bn before rising to a Thursday high $286.03bn. At the time of writing, the total market cap stood at $281.11n.\nBitcoin’s dominance rose to a Tuesday high 64.08% before sliding to a Thursday low 62.47. At the time of writing, Bitcoin’s dominance stood at 62.93%.\nAt the time of writing, Bitcoin was down by 0.24% to $9,592.0. A bearish start to the day saw Bitcoin fall from an early morning high $9,615.5 to a low $9,585.7.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was another mixed start to the day. At the time of writing, Binance Coin was up by 0.04% to buck the trend.\nIt was a bearish start for the rest of the majors, with Tezos down by 1.36% to lead the way down.\nBitcoin would need to avoid a fall back through the $9,592 pivot to support a run at the first major resistance level at $9,709.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Thursday’s high $9,685.4.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $9,802.2 before any pullback.\nFailure to avoid a fall back through the $9,592 pivot level would bring the first major support level at $9,500 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer well clear of sub-$9,300 levels. The second major resistance level at $9,381.4 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• Silver Price Forecast – Silver Markets Pull Back\n• US Stocks Market Overview – Stocks Drop Led Down by Technology\n• Twitter Q2 Revenue Falls 19% But Daily Monetizable Users Jump to Record 186 Million; Target Price $43\n• Oil Tries To Stay Above The Key Support Level At $41.50\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Strong Over 10909.75, Weak Under 10708.25\n• European Equities: Private Sector PMIs and Geopolitics in Focus', 'Apple Inc.(NASDAQ:AAPL) is\xa0reportedly delaying the annual fall event, where it\'s widely expected to launch 5G compatible\xa0iPhones,\xa0to late October or November.\nWhat Happened:The new iPhone 12 series, equipped with 5G wireless technology, is delayed due to manufacturing delays related to the novel coronavirus (COVID-19) pandemic, Fox Businessreported, citing areportfrom Japanese publication Mac Otakara.\nApple is expected to launch four varients of the iPhone 12.\xa0 According to Mac Otakara, the\xa0LTE \u200cmodels will be released first in October, followed by 5G models in November.\nWhy It Matters:Apple was previously reported to be pushing its suppliers to speed up production in order to avoid a delay in the launch of the new iPhone models. MacRumors noted the company may still chose to unveil the series in September, but delay the actual launch to November.\nWedbush analyst Daniel Ives said last month that a " major 5G cycle\xa0was on the horizon" for Apple, with 350 million devices in an upgrade window.\xa0According to Ives, the Cupertino-based company\xa0is likely to keep to the schedule, and launch the iPhones ahead of the holiday season in October.\nPrice Action\nApple shares closed 4.5% lower at $371.38 on Thursday. The shares traded about 0.3% higher\xa0in the after-hours session.\nSee more from Benzinga\n• Apple\'s Steve Wozniak Sues YouTube Alleging Inaction On Bitcoin Fraud\n• Comcast\'s Peacock Streaming Service Saw 1.5M App Downloads In 6 Days Of Launch: Report\n• Tesla Cybertruck And SpaceX Starship To Use A New Alloy, Musk Reveals\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Alphabet Inc\x92s (NASDAQ: GOOGL ) (NASDAQ: GOOG ) video streaming service YouTube filed a motion this week to dismiss a lawsuit brought on by blockchain startup Ripple and its CEO Brad Garlinghouse, the Block reported . What Happened The San Francisco-based startup and Garlinghouse had sued YouTube in April, complaining that the platform didn\'t stop scammers from posting videos related to a cryptocurrency giveaway scam that used the Ripple CEO\x92s likeness. YouTube is citing Section 230 of the U.S. Communication Decency Act, which gives social media platforms immunity against content posted by third parties, the Block noted. The Alphabet subsidiary, in its motion to dismiss, said it didn\'t\xa0"orchestrate or participate in that scam, and after being notified about fraudulent content posted by the hijacked accounts, YouTube removed it.\x94 President Donald Trump had signed an executive order in May,\xa0targetting\xa0social media networking, with regards to content posted on the platforms, after entering into a spat with Twitter over the moderation of his tweets. Why It Matters Apple Inc. (NASDAQ: AAPL )\xa0co-founder Steve Wozniak, along with 17 others, also sued the Alphabet run streaming website for similar reasons\xa0on Wednesday. The lawsuit claimed Microsoft Corporation (NASDAQ: MSFT ) co-founder Bill Gates and Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk\x92s likeness had\xa0also been used by cryptocurrency scammers to defraud YouTube\'s audience. Musk, Gates, and other high-profile users were also targetted in a similar cryptocurrency giveaway scam on Twitter Inc\x92s (NYSE: TWTR ) platform last week, except this time, their personal veri **Last 60 Days of Bitcoin's Closing Prices:** [8906.93, 8835.05, 9181.02, 9525.75, 9439.12, 9700.41, 9461.06, 10167.27, 9529.80, 9656.72, 9800.64, 9665.53, 9653.68, 9758.85, 9771.49, 9795.70, 9870.09, 9321.78, 9480.84, 9475.28, 9386.79, 9450.70, 9538.02, 9480.25, 9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-07-24 **Financial & Commodity Data:** - Gold Closing Price: $1897.30 - Crude Oil Closing Price: $41.29 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $175,307,524,616 - Hash Rate: 138825759.064961 - Transaction Count: 369432.0 - Unique Addresses: 740460.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.53 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: BitMEX owner 100x Group has participated in a Series A funding round for a South African crypto exchange, saying it offers an entry point into the fast-growing market. • Therecently-renamedparent company of derivatives exchange BitMEX confirmed Monday that it had led the $3.4 million Series A for the Johannesburg-based exchange VALR. • VALR has offered trading pairs for the rand against bitcoin, ether and XRP since June 2019. • The investment will fund expansion into other countries as well as new products and services. • Other commits came from Michael Jordaan, the former CEO of First National Bank, one of the largest banks in South Africa, as well as U.S. exchange Bittrex. Both also participated in VALR’s $1.5 millionseed roundin 2018. • In a statement, 100x CEO Arthur Hayes said the VALR investment gave the firm key exposure to South Africa – a market, he said, with high potential. • In areportthis year, Arcane Research estimated that 13% of South African internet users had owned cryptocurrencies, nearly double the 7% global average. • Binance launched its own local fiat gateway in April 2020 in order to capitalize on the country’s high crypto adoption rates. See also:This Bitcoin Documentary From Africa Is Streaming on Amazon Prime • BitMEX Owner Leads $3.4M Round for South African Crypto Exchange • BitMEX Owner Leads $3.4M Round for South African Crypto Exchange • BitMEX Owner Leads $3.4M Round for South African Crypto Exchange • BitMEX Owner Leads $3.4M Round for South African Crypto Exchange... - Reddit Posts (Sample): [['u/[deleted]', 'NANO is better than BTC but is never going to be appreciated.', 31, '2020-07-24 05:27', 'https://www.reddit.com/r/nanotrade/comments/hwucqy/nano_is_better_than_btc_but_is_never_going_to_be/', "This is the end of the line guys. I'm not fudding and I love this project, but there is no more room for denial.\n\nIts sinking fast, there are no more huge milestones, the dev fund is about to run out, a lawsuit is around the corner, and we are going to drop out of the top 100 soon.\n\nSometimes you do everything right and it still doesn't work out. This is one of those times.\n\nI'm sure if you have very little money in nano you'd prefer to sink with the ship, but for anyone else, its time to move on.\n\nI'd bet my life this coin will never see over $5 again. \n\nDown vote if you must, but with the current evolution of the industry, this will be a giant that failed to get its legs. \n\nSold and am happy that I did. Feels liberating to know I'm not deluding myself anymore. Plenty of more lucrative projects to invest in guys.", 'https://www.reddit.com/r/nanotrade/comments/hwucqy/nano_is_better_than_btc_but_is_never_going_to_be/', 'hwucqy', [['u/dontlikecomputers', 29, '2020-07-24 06:18', 'https://www.reddit.com/r/nanotrade/comments/hwucqy/nano_is_better_than_btc_but_is_never_going_to_be/fz239w6/', "It's OK to feel that way if you just look at what you can sell it for right now. I think if you look to the Bitcoin whitepapers introduction, you will see the main reason Bitcoin was invented, its competitive advantage, was for low cost transactions.\n\n.......the inherent weaknesses of the trust based model.\nCompletely non-reversible transactions are not really possible, since financial institutions cannot\navoid mediating disputes. The cost of mediation increases transaction costs, limiting the\nminimum practical transaction size and cutting off the possibility for small casual transactions,\nand there is a broader cost in the loss of ability to make non-reversible payments for nonreversible services. With the possibility of reversal, the need for trust spreads. Merchants must\nbe wary of their customers, hassling them for more information than they would otherwise need.\nA certain percentage of fraud is accepted as unavoidable. These costs and payment uncertainties\ncan be avoided in person by using physical currency, but no mechanism exists to make payments\nover a communications channel without a trusted party.\n\n\n Bitcoin solved that problem, for a few years. Bitcoin is no longer competitive based on fundamentals. Like Gold, it will remain as a legacy asset but will not flourish. Nano solves the problem permanently. I don't like leaving money on the table when I transact, so I will continue to support nano while it works, and is the easiest way to pay on the internet.", 'hwucqy'], ['u/datalossy', 56, '2020-07-24 06:21', 'https://www.reddit.com/r/nanotrade/comments/hwucqy/nano_is_better_than_btc_but_is_never_going_to_be/fz23k85/', 'alright boys, he sold. commence 3 year bull market pumpage', 'hwucqy'], ['u/bovine_blue', 10, '2020-07-24 08:20', 'https://www.reddit.com/r/nanotrade/comments/hwucqy/nano_is_better_than_btc_but_is_never_going_to_be/fz2db1e/', "Suicide booths according to this comment\n\n>I'd bet my life this coin will never see over $5 again.", 'hwucqy'], ['u/1MightBeAPenguin', 15, '2020-07-24 10:46', 'https://www.reddit.com/r/nanotrade/comments/hwucqy/nano_is_better_than_btc_but_is_never_going_to_be/fz2mnx8/', "I'm not a strong Nano supporter, nor am I a frequent browser of this sub, but I don't think you should get discouraged too quickly...\n\nWhenever I think about a crypto potentially going towards $0, I remind myself of a few things. The first of these being that crypto adoption will always increase (as more people get to join the ecosystem and learn more about how Bitcoin and other cryptocurrencies work). Though these effects may not be seen in the short term, they will be seen in the long term. The second thing I see with Nano is that the more the community grows, the more people are involved in the project, and the more the growth potential.\n\nDon't be discouraged because of price action, or the fact that the project may seem dead now. That can and will change in the future. I personally think that Nano has a lot going for it, and it's just a matter of a waiting game. Since demand for cryptocurrencies in general will increase, Bitcoin will face more transaction activity, causing congestion within the network. Eventually, Core will have to hard-fork, but they're likely not to, giving a great opportunity to something like Nano.\n\nI guess what I'm saying is don't lose faith yet. There's still time... :)", 'hwucqy'], ['u/twatgoblin', 11, '2020-07-24 13:16', 'https://www.reddit.com/r/nanotrade/comments/hwucqy/nano_is_better_than_btc_but_is_never_going_to_be/fz2vxly/', 'You’re responding to a (shitty) bot', 'hwucqy'], ['u/Qwahzi', 22, '2020-07-24 14:54', 'https://www.reddit.com/r/nanotrade/comments/hwucqy/nano_is_better_than_btc_but_is_never_going_to_be/fz33pt9/', "Bitcoin has died 381 times:\n\nhttps://99bitcoins.com/bitcoin-obituaries/\n\nEvery time Bitcoin fees skyrocket, a few more people find Nano. It's good that you did your research and sold, but I'm going down with the ship. Having zero fee, near instant transactions is always useful, even if it remains a niche", 'hwucqy'], ['u/Qwahzi', 10, '2020-07-24 14:56', 'https://www.reddit.com/r/nanotrade/comments/hwucqy/nano_is_better_than_btc_but_is_never_going_to_be/fz33uis/', 'I think Penguin is saying that BTC will *not* raise the block size, meaning that Bitcoin fees will increase over time, driving more people to Nano', 'hwucqy']]], ['u/AutoModerator', '[Daily Discussion] Friday, July 24, 2020', 41, '2020-07-24 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/hwuwr3/daily_discussion_friday_july_24_2020/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n**Other ways to interact:**\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/hwuwr3/daily_discussion_friday_july_24_2020/', 'hwuwr3', [['u/Richyboy33', 19, '2020-07-24 08:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/hwuwr3/daily_discussion_friday_july_24_2020/fz2fig6/', "Well I'm back, from another ban - this time 14days, for calling someone out who called me a retard. Classic.\n\nOriginal Prediction from March - [https://www.tradingview.com/i/XWh8Wbnx/](https://www.tradingview.com/i/XWh8Wbnx/)\n\nAs of Last Month - [https://www.tradingview.com/i/dAH5KXzK/](https://www.tradingview.com/i/dAH5KXzK/)\n\nCurrent Situation - [https://www.tradingview.com/i/gdCOrggd/](https://www.tradingview.com/i/gdCOrggd/)\n\nChart wise as you can see we failed multiple times to breakthrough the old rising wedge support turned resistance line. We then formed a tight sym triangle before having our recent break up.\n\nOnce again of course we're being rejected by the ATH resistance line. This shouldn't come as a surprise to anyone at this point. Would imagine that should we close the daily below the 9450 region, then we'll be heading back down to try and find support on the daily 20EMA - the 9300 area.\n\nTo the upside I would love to see us close a daily above 9800 and then have the next daily tick higher, that happens i'd be very confident of a push to 10k and then the final big push to 10,500. Which at the moment, is the biggest hurdle Bitcoin has.\n\nFor now though nothing changes at all really. We all got excited with this move due to the extremely low volatility of recent weeks but in reality, until we get back into the 9800 area and close there then none of this is really much to speak of.\n\nI personally don't think we'll be breaking up at the moment though. Can see us coiling up over the coming weeks long into August until we either break up or down. The break up certainly is the more likely but and it's a big but, the economic situation coupled with the likelihood of a strong second wave of the Coronavirus could quite easily give us another crash back down.\n\nJust don't be too surprised to see us go down from here, we could easily fall to the green support line around 9150 and still be healthy. I don't think many people in here would be healthy from it considering that all I'm seeing are predictions of new ATHs within a month.", 'hwuwr3'], ['u/BullRun03', 10, '2020-07-24 09:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/hwuwr3/daily_discussion_friday_july_24_2020/fz2hhei/', "I give it 3-4 posts this time. You can't contain yourself.", 'hwuwr3'], ['u/ILikeToSayHi', 18, '2020-07-24 10:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/hwuwr3/daily_discussion_friday_july_24_2020/fz2lorr/', 'Thanks for the valuable input', 'hwuwr3'], ['u/hypn0t04d', 12, '2020-07-24 13:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/hwuwr3/daily_discussion_friday_july_24_2020/fz2y90x/', '... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, fell by 0.58% on Friday. Reversing a 0.60% gain from Thursday, Bitcoin ended the day at $9,559.1. It was a bearish start to the day. Bitcoin fell to a mid-morning intraday low $9,469.7 before making a move. The pullback saw Bitcoin fall through the first major support level at $9,498.20. Finding support through the afternoon, Bitcoin rallied to a late intraday high $9,644.0 before hitting reverse. Falling short of the first major resistance level at $9,708.6, Bitcoin fell back to sub-$9,600 levels to end the day in the red. The near-term bullish trend remained intact in spite of the early July pullback to sub-$9,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Binance Coin (+2.24%), Ethereum (+1.46%), and Tron’s TRX (+0.16%) bucked the trend on the day. It was a bearish day for the rest of the majors, however. Tezos slid by 5.00% to lead the way down. Bitcoin Cash SV (-2.47%), EOS (-1.99%), Ripple’s XRP (-2.07%), and Stellar’s Lumen (-2.98%) also struggled. Bitcoin Cash ABC (-0.55%), Cardano’s ADA (-1.78%), Litecoin (-1.82%), and Monero’s XMR (-1.74%) saw relatively modest losses. In the current week, the crypto total market cap fell to a Monday low $262.70bn before hitting a Thursday high $286.03bn. At the time of writing, the total market cap stood at $280.82bn. Bitcoin’s dominance rose to a Tuesday high 64.08% before sliding to a Friday low 62.46%. At the time of writing, Bitcoin’s dominance stood at 62.76%. This Morning At the time of writing, Bitcoin was up by 0.10% to $9,568.6. A bullish start to the day saw Bitcoin rise from an early morning low $9,559.0 to a high $9,572.5 Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash ABC (-0.22%), Bitcoin Cash SV (-0.19%), and Monero’s XMR (-0.04%) saw red to buck the trend early on. Story continues It was a bullish start to the day for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 2.22% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $9,558 pivot to support a run at the first major resistance level at $9,646. Support from the broader market would be needed, however, for Bitcoin to break back through to $9,600 levels. Barring an extended crypto rally, the first major resistance level and Friday high $9,644 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $9,732 before any pullback. Failure to avoid a fall through the $9,558 pivot level would bring the first major support level at $9,471 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of the second major resistance level at $9,383. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Weekly Price Forecast – Natural Gas Makets Continue to Show Strength S&P 500 Weekly Price Forecast – 3200 Continues to Be Point of Contention Gold Price Prediction – Prices Rise and are Poised to Test All-time Highs U.S. Dollar Index (DX) Futures Technical Analysis – Drilled Lower by Weaker-Than-Expected PMI Data Silver Price Forecast – Silver Markets Continue to Look Overbought Silver Weekly Price Forecast – Silver Markets Continue to Show Strength After Major Breakout', 'Bitcoin, BTC to USD, fell by 0.58% on Friday. Reversing a 0.60% gain from Thursday, Bitcoin ended the day at $9,559.1. It was a bearish start to the day. Bitcoin fell to a mid-morning intraday low $9,469.7 before making a move. The pullback saw Bitcoin fall through the first major support level at $9,498.20. Finding support through the afternoon, Bitcoin rallied to a late intraday high $9,644.0 before hitting reverse. Falling short of the first major resistance level at $9,708.6, Bitcoin fell back to sub-$9,600 levels to end the day in the red. The near-term bullish trend remained intact in spite of the early July pullback to sub-$9,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Binance Coin (+2.24%), Ethereum (+1.46%), and Tron’s TRX (+0.16%) bucked the trend on the day. It was a bearish day for the rest of the majors, however. Tezos slid by 5.00% to lead the way down. Bitcoin Cash SV (-2.47%), EOS (-1.99%), Ripple’s XRP (-2.07%), and Stellar’s Lumen (-2.98%) also struggled. Bitcoin Cash ABC (-0.55%), Cardano’s ADA (-1.78%), Litecoin (-1.82%), and Monero’s XMR (-1.74%) saw relatively modest losses. In the current week, the crypto total market cap fell to a Monday low $262.70bn before hitting a Thursday high $286.03bn. At the time of writing, the total market cap stood at $280.82bn. Bitcoin’s dominance rose to a Tuesday high 64.08% before sliding to a Friday low 62.46%. At the time of writing, Bitcoin’s dominance stood at 62.76%. This Morning At the time of writing, Bitcoin was up by 0.10% to $9,568.6. A bullish start to the day saw Bitcoin rise from an early morning low $9,559.0 to a high $9,572.5 Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash ABC (-0.22%), Bitcoin Cash SV (-0.19%), and Monero’s XMR (-0.04%) saw red to buck the trend early on. Story continues It was a bullish start to the day for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 2.22% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $9,558 pivot to support a run at the first major resistance level at $9,646. Support from the broader market would be needed, however, for Bitcoin to break back through to $9,600 levels. Barring an extended crypto rally, the first major resistance level and Friday high $9,644 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $9,732 before any pullback. Failure to avoid a fall through the $9,558 pivot level would bring the first major support level at $9,471 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of the second major resistance level at $9,383. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Weekly Price Forecast – Natural Gas Makets Continue to Show Strength S&P 500 Weekly Price Forecast – 3200 Continues to Be Point of Contention Gold Price Prediction – Prices Rise and are Poised to Test All-time Highs U.S. Dollar Index (DX) Futures Technical Analysis – Drilled Lower by Weaker-Than-Expected PMI Data Silver Price Forecast – Silver Markets Continue to Look Overbought Silver Weekly Price Forecast – Silver Markets Continue to Show Strength After Major Breakout', 'SHANGHAI, CHINA / ACCESSWIRE / July 24, 2020 /Skycoin automatically generates a parallel currency called Coin Hours (SCH) at the rate of one Coin Hour generated per hour, per Skycoin. While Skycoin has been tradable on major exchanges for many years, XBTS represents the first time Coin Hours have been made available to trade on an exchange as a separate and distinct crypto asset.\nSkycoin is a deflationary currency, with a total supply ultimately capped at 100 million coins. Coin Hours, on the other hand, were designed to be an inflationary currency with inbuilt deflationary control mechanisms, encouraging users to spend and trade Coin Hours instead of Skycoin. As the Skycoin project continues to refine Skywire - Skycoin\'s groundbreaking decentralized and encrypted global mesh network - Coin Hours are set to become the currency with which to purchase bandwidth, storage, and other services on the Skywire network.\nIntroduction to Coin Hours:\nIn short, Coin Hours are:\n1. A commodity currency backed by the digital asset of bandwidth on the Skywire meshnet.\n2. The basis of the first bandwidth market in history.\n3. A form of interest on your investment in Skycoin.\n4. A way to keep your transactions free so you don\'t have to spend $SKY to use it.\n5. An anti-spam mechanism which prevents people from attacking the network with many tiny transactions.\n6. A way to effectively prevent institutions from issuing paper $SKY derivatives as they do for gold, silver, etc., and are now doing for certain cryptocurrencies.\nDecentralized cryptocurrency exchange XBTS is set to offer its users the ability to buy, sell, and earn Coin Hours on its DEX beginning July 29, 12:00 UTC.\nXBTS DEX is a BitShares-based decentralized exchange, which means that Coin Hours will have 45 trading pairs the moment it is listed.\nDeposit Coin Hours on XBTS:\n• Register for a free trading account athttps://xbts.io\n• In the deposit section, you will receive a single address to deposit SKY and SCH.\n• Send Skycoin (from 0.001) and the desired number of Coin Hours. (Minimum deposit: 1000 SCH.)\n• Note that there is a deposit/withdrawal fee of 5% SCH.\n• The two assets (SKY and SCH) are immediately credited to your XBTS exchange balance.\n• You may start trading SCH or SKY to any of 45 available trading pairs!\nWithdraw Coin Hours on XBTS:\n• Select SCH or SKY.\n• Indicate the address to which you wish to withdraw.\n• Note that 10% of the SCH are burned as per the current Skycoin transaction burn rate. SKY has no fee for withdrawal.\n• If you are withdrawing only SCH, then 0.001 SKY + the specified number of SCH is sent minus the commission.\n• SKY / SCH are sent in Skycoin\'s native Fiber blockchain to the user\'s wallet\n• Minimum withdrawal: 1000 SCH.\nMedia who wish to schedule interviews may reach out to:[email protected]\nAbout Skycoin:\nSkycoin is bringing people what they want: a truly decentralized network without any central authority. Founded in 2011 by early developers of Bitcoin and Ethereum, Skycoin quickly grew i **Last 60 Days of Bitcoin's Closing Prices:** [8835.05, 9181.02, 9525.75, 9439.12, 9700.41, 9461.06, 10167.27, 9529.80, 9656.72, 9800.64, 9665.53, 9653.68, 9758.85, 9771.49, 9795.70, 9870.09, 9321.78, 9480.84, 9475.28, 9386.79, 9450.70, 9538.02, 9480.25, 9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-07-25 **Financial & Commodity Data:** - Gold Closing Price: $1897.30 - Crude Oil Closing Price: $41.29 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $175,307,524,616 - Hash Rate: 122442594.951705 - Transaction Count: 293883.0 - Unique Addresses: 619497.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.55 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: More than 2,000 vending machines in Australia and New Zealand will let customers buy a Coke with bitcoin. Coca-Cola Amatil , the Asia-Pacific bottling giant, has partnered with digital assets platform Centrapay to integrate bitcoin as a payment option from its vending machines across Australia and New Zealand. This means over 2,000 smart vending machines now accept cryptocurrency. The machines running the bitcoin transactions are owned by Coca-Cola Amatil, a regional bottler and distributor of Coca-Cola products. While the Atlanta-based soft drink producer is a major shareholder in the distributor, the two are separate companies. Transactions are conducted via New Zealand-based Centrapay and Sylo Smart Wallet , which currently has about 250,000 users. Newcomers can download the Sylo app on their smartphones, add bitcoin to their wallets and scan a QR code to purchase Amatil products. Sylo co-founder and business manager Dorian Johannink said the digital wallet can typically store, send and receive cryptocurrencies including bitcoin and ERC20-compatible tokens like its own SYLO listed on Hong Kong exchange KuCoin. “But for the Coke scenario, it’s just supported for bitcoin initially for the trial run, but we may extend the functionality,” Johannink said. Related: Coca-Cola Distributor Offers Bitcoin Payment Options for Aussie Vending Machines Buying a Coke with bitcoin sounds catchy, but the cryptocurrency has notoriously limited scalability, processing an average of 1 megabyte worth of transactions every 10 minutes, after which bitcoin miners prioritize transactions with higher fees. But Sylo’s main focus is not on bitcoin as a payment form, but on the vision of connecting crypto to the real world and using the architecture of this trial to roll out digital assets as payment tools more broadly. Centrapay announced the partnership on Twitter Monday, echoing Sylo in claiming it was the “first step toward mainstream digital transactions.” The future, as Sylo envisions it, will allow customers to purchase a digital asset in the real world, perhaps a Coke token, and use it to purchase products. Story continues Sylo has moved quickly in the last few months, going from adding bitcoin to its wallet back in March and listing its token on KuCoin, to a real-world trial run in crypto transactions. According to Centrapay CEO Jerome Faury, the initiative has already demonstrated it can work in Australia and New Zealand, and will be “targeting the U.S. market next with some world-first innovations.” Johannink said Faury has already established connections in the United States and there are plans to move things quickly, but the regional partnership is still in its nascent stages. Sylo is determined. “Let’s see how this initial run goes,” Johannink said. “People are testing it out now. If it goes smoothly, we can roll it out pretty quickly.” Related Stories Binance-Backed Crypto Payments App Launches as Race for Africa Heats Up Researchers Surface Privacy Vulnerabilities in Bitcoin Lightning Network Payments... - Reddit Posts (Sample): [['u/Sploinksy', 'Is the hideout even worth upgrading anymore?', 31, '2020-07-25 00:11', 'https://www.reddit.com/r/EscapefromTarkov/comments/hxb5lv/is_the_hideout_even_worth_upgrading_anymore/', 'I remember last wipe, I was farming bitcoins and getting almost 150k from each, while using the empty fuel cans to craft mag boxes making really good profit from those. And then I would craft moonshine and sell that for profit. Now it seems the hideout was very badly nerfed. Bitcoins only give you around 100k, and if you have 2 empty fuel cans and buy the rest of the items needed to craft mag boxes, you end up losing money. Making moonshine loses you money as well. Buying 2 sugar and 1 super water costs more than what you will make from selling the moonshine, by quite a bit when you factor in the fee from flea market. So even if you find the items in raid to craft these things in the hideout, you will make more money if you just sold them instead of wasting fuel and time to craft these items. And then it seems like the scav case was nerfed too, because I rarely make my money back unless I use the 7,000 rub option. I have lost heaps of cash using all the other ones. I think it was a big waste of money to max out my hideout. The only benefit I have really gotten out of it is being able to craft some rare quest items, like the virtex and transmitter, but even then it takes like 2-3 days to craft and costs a lot of money. I really hope they make some adjustments to the hideout because right now it isn’t making you any real profits. It’s just a giant money sink.', 'https://www.reddit.com/r/EscapefromTarkov/comments/hxb5lv/is_the_hideout_even_worth_upgrading_anymore/', 'hxb5lv', [['u/thrashV_TTV', 10, '2020-07-25 00:13', 'https://www.reddit.com/r/EscapefromTarkov/comments/hxb5lv/is_the_hideout_even_worth_upgrading_anymore/fz4z0ce/', "What if they don't intend for the hideout to print money?", 'hxb5lv'], ['u/desubot1', 20, '2020-07-25 00:28', 'https://www.reddit.com/r/EscapefromTarkov/comments/hxb5lv/is_the_hideout_even_worth_upgrading_anymore/fz50n4f/', 'scav timer, flea market discounts, faster insurance, health food and water restoration, moonshine, converting garbage into better garbage, crafting expensive ammo, quest items, scav boxs for those sweet potential streamer items. intelligence bonuses with the library, physical exp bonus if you are into that late game perks.\n\nyeah absolutely no reason.', 'hxb5lv'], ['u/RHYM3NOC3RROS', 51, '2020-07-25 01:06', 'https://www.reddit.com/r/EscapefromTarkov/comments/hxb5lv/is_the_hideout_even_worth_upgrading_anymore/fz54ut4/', 'Due to the FiR flea market, the hideout gives a unique opportunity to craft your non-FiR items into FiR and then sell them.\n\n\nFor instance, if you shove a couple sugars in your secure container and die. You can either sell them to Therapist (2,093) or use them in a moonshine craft, realizing their value of somewhere between 60,000-70,000. \n\n\n\nAdditionally, if you shove a graphics card in your secure container and die, it is still super valuable for your bitcoin farm! \n\n\n\nAt the end of the day, what makes the game more fun for you? It’s all about having fun and enjoying. I loved being able to craft a decent chunk of quest items instead of trying to find them all (ie flash drives).', 'hxb5lv'], ['u/Sploinksy', 10, '2020-07-25 01:55', 'https://www.reddit.com/r/EscapefromTarkov/comments/hxb5lv/is_the_hideout_even_worth_upgrading_anymore/fz5a7hq/', 'I understand this, but my point is that the rewards just don’t seem worth the cost. The med station level 3 requires a ledx, which is over 2m rubles. What rewards do you get from that? How long will the slivers of profits take to pay that back? Maxing out the bitcoin farm costs a lot of money, and buying 50 GPU’s will cost around 18 million rubles. When you factor in fuel cost, how long will it take to pay that back? By the time it pays itself off the game will wipe. It just doesn’t make sense to do it.', 'hxb5lv']]], ['u/PopuleuxMusicYT', 'If you can mine 1 BTC ~10-20 min does that mean im making 1 BTC every 10-20min? Wouldnt this be to overpowered', 35, '2020-07-25 02:49', 'https://www.reddit.com/r/BitcoinBeginners/comments/hxdmm2/if_you_can_mine_1_btc_1020_min_does_that_mean_im/', 'Wouldn’t the system fail if I could earn $9,000+ every 10 min or is there hidden costs (like electricity? Idk)', 'https://www.reddit.com/r/BitcoinBeginners/comments/hxdmm2/if_you_can_mine_1_btc_1020_min_does_that_mean_im/', 'hxdmm2', [['u/bitusher', 13, '2020-07-25 02:59', 'https://www.reddit.com/r/BitcoinBeginners/comments/hxdmm2/if_you_can_mine_1_btc_1020_min_does_that_mean_im/fz5gvof/', 'A large portion of the costs in proof of work is electricity , followed by equipment and other overhead from employees/rent/security\n\nThis means miners are forced to distribute/sell most of the BTC they mine and only keep a small profit for their efforts \n\nThe block target is 10 minutes where total block reward is 6.25 BTC + fees ranging from ~0.3 to 1 BTC per block\n\nMining difficulty adjusts dynamically up and down making sure **efficient** miners remain profitable', 'hxdmm2'], ['u/bitusher', 10, '2020-07-25 03:03', 'https://www.reddit.com/r/BitcoinBeginners/comments/hxdmm2/if_you_can_mine_1_btc_1020_min_does_that_mean_im/fz5h9do/', 'I just said its more akin to 6.5 to 7 BTC per block when you include fees , every ~10 minutes. Of course blocks are usually found with pools where many independent miners contribute effort so those BTC are split between many miners weighted upon their contributions to the pool during that interval', 'hxdmm2'], ['u/Frednn', 99, '2020-07-25 03:14', 'https://www.reddit.com/r/BitcoinBeginners/comments/hxdmm2/if_you_can_mine_1_btc_1020_min_does_that_mean_im/fz5ifor/', 'Every 10 minutes a new block is mined. The reward for every new block right now is 6.25 BTC ( plus the transaction fees)\n\nTo be able to mine 1 BTC every 10 minutes ( 144 BTC / day) , means you should be able to calculate around 22,000,000 Tera hashes per second, or 22,000 peta hashes per second.\n\n\nThat translates to roughly 200,000 antminer S19 units. Each costing at around 2,000 usd. Which is about 400,000,000 usd in mining hardware alone.\n\nDon\'t forget electricity ! Each unit consumes around 3250 Watts of power just to operate. Running such a huge scale farms needs about 650 MWh of energy !!!\n\n\nSoooo ... Yeah.\n\nNo single person is mining 1 BTC every 10 minutes. Mining Bitcoin is hard. It\'s deliberately that way to make it a scarce asset. \n\n\nPeople nowadays gather around in virtual groups called " mining pools " , and combine their computational power to mine a block. Then they share the reward among pool members based on computational power each member provides.\n\n\nPs . Numbers calculations might be off a bit. I didn\'t double check them, but you get what i wanted to say.', 'hxdmm2'], ['u/PopuleuxMusicYT', 11, '2020-07-25 03:15', 'https://www.reddit.com/r/BitcoinBeginners/comments/hxdmm2/if_you_can_mine_1_btc_1020_min_does_that_mean_im/fz5ikg1/', 'Ok thanks', 'hxdmm2'], ['u/tlztlz', 15, '2020-07-25 11:24', 'https://www.reddit.com/r/BitcoinBeginners/comments/hxdmm2/if_you_can_mine_1_btc_1020_min_does_that_mean_im/fz6klhs/', 'Good answer', 'hxdmm2']]], ['u/[deleted]', 'First time using bitcoin', 19, '2020-07-25 05:38', 'https://www.reddit.com/r/btc/comments/hxg1uw/first_time_using_bitcoin/', 'Hi there ✌️ my name is Victor and im a graphic designer. Recently i accepted a freelance work and received in Bitcoins. Never ever use or even think about using, i dont know nothing about It haha. Now i have 50$ in btc and was thinking what i can do with this. Tips?', 'https://www.reddit.com/r/btc/comments/hxg1uw/first_time_using_bitcoin/', 'hxg1uw', [['u/Egon_1', 14, '2020-07-25 05:52', 'https://www.reddit.com/r/btc/comments/hxg1uw/first_time_using_bitcoin/fz5xtub/', 'You can buy gift cards from different brands: https://giftcards.bitcoin.com/giftcards', 'hxg1uw'], ['u/Remora_101', 11, '2020-07-25 11:17', 'https://www.reddit.com/r/btc/comments/hxg1uw/first_time_using_bitcoin/fz6k60m/', 'To clarify, this is not a BCH forum. It is a bitcoin forum. But since r/bitcoin is heavily censored. BCH folk aggregate here.', 'hxg1uw']]], ['u/AutoModerator', '[Daily Discussion] Saturday, July 25, 2020', 40, '2020-07-25 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/hxgevp/daily_discussion_saturday_july_25_2020/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n**Other ways to interact:**\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/hxgevp/daily_discussion_saturday_july_25_2020/', 'hxgevp', [['u/_TROLL', 45, '2020-07-25 06:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/hxgevp/daily_discussion_saturday_july_25_2020/fz605qi/', "Oompah Loompah Doopity Doo\n\nGold's price is rising, silver is too\n\nOompah Loompah Doopity Dee\n\nBitcoin is ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 1.63% on Saturday. Reversing a 0.58% loss from Friday, Bitcoin ended the day at $9,714.9. It was bullish day, with Bitcoin rallying from an early morning intraday low $9,555.5 to a late intraday high $9,754.5. Bitcoin broke through the first major resistance level at $9,645.5 and second major resistance level at $9,731.9 before easing back. A late pullback saw Bitcoin fall back to sub-$9,700 levels before wrapping up the day at $9,700 levels. The near-term bullish trend remained intact in spite of the early July pullback to sub-$9,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Saturday. Cardano’s ADA rallied by 17.76% to lead the way. Bitcoin Cash ABC (+6.00%), Bitcoin Cash SV (+7.59%), Ethereum (+9.30%), and Litecoin (+11.43%) also made strong gains. Binance Coin (+3.38%), EOS (+4.99%), Monero’s XMR (+2.55%), Ripple’s XRP (+5.23%), Stellar’s Lumen (+4.71%), Tezos (+0.89%), and Tron’s TRX (+3.98%) trailed the front runners. In the current week, the crypto total market cap fell to a Monday low $262.70bn before hitting a Saturday high $291.48bn. At the time of writing, the total market cap stood at $287.68bn. Bitcoin’s dominance rose to a Tuesday high 64.08% before sliding to a Saturday low 61.70%. At the time of writing, Bitcoin’s dominance stood at 62.07%. This Morning At the time of writing, Bitcoin was down by 0.19% to $9,696.5. A mixed start to the day saw Bitcoin rise to an early morning high $9,722.8 before falling to a low $9,690.4. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. At the time of writing, Bitcoin Cash ABC (+0.92%) and Bitcoin Cash SV (+0.33%) bucked the trend early on. It was a bearish start for the rest of the majors, however. Story continues Stellar’s Lumen was down by 1.35% to lead the way down early on. https://www.tradingview.com/x/ztgae3yU/ For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $9,675 pivot to support a run at the first major resistance level at $9,794. Support from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $9,754.5. Barring another extended crypto rally, the first major resistance level and Saturday’s high would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $9,874 and resistance at $10,000. The third major resistance level sits at $10,073. Failure to avoid a fall through the $9,675 pivot level would bring the first major support level at $9,595 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of the second major resistance level at $9,476. This article was originally posted on FX Empire More From FXEMPIRE: Crude Oil Price Update – Trader Reaction to $41.24 Pivot Sets the Short-Term Tone U.S. Dollar Index (DX) Futures Technical Analysis – Drilled Lower by Weaker-Than-Expected PMI Data E-mini S&P 500 Index (ES) Futures Technical Analysis – Confirmed Reversal Top Shifts Momentum to Downside Crude Oil Price Forecast – Crude Oil Markets Slump Into Weekend US Stock Market Overview – Stocks Drop Ahead Large Tech Earnings S&P 500 Weekly Price Forecast – 3200 Continues to Be Point of Contention', 'Bitcoin, BTC to USD, rose by 1.63% on Saturday. Reversing a 0.58% loss from Friday, Bitcoin ended the day at $9,714.9.\nIt was bullish day, with Bitcoin rallying from an early morning intraday low $9,555.5 to a late intraday high $9,754.5.\nBitcoin broke through the first major resistance level at $9,645.5 and second major resistance level at $9,731.9 before easing back.\nA late pullback saw Bitcoin fall back to sub-$9,700 levels before wrapping up the day at $9,700 levels.\nThe near-term bullish trend remained intact in spite of the early July pullback to sub-$9,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bullish day on Saturday.\nCardano’s ADA rallied by 17.76% to lead the way.\nBitcoin Cash ABC (+6.00%), Bitcoin Cash SV (+7.59%), Ethereum (+9.30%), and Litecoin (+11.43%) also made strong gains.\nBinance Coin (+3.38%), EOS (+4.99%), Monero’s XMR (+2.55%), Ripple’s XRP (+5.23%), Stellar’s Lumen (+4.71%), Tezos (+0.89%), and Tron’s TRX (+3.98%) trailed the front runners.\nIn the current week, the crypto total market cap fell to a Monday low $262.70bn before hitting a Saturday high $291.48bn. At the time of writing, the total market cap stood at $287.68bn.\nBitcoin’s dominance rose to a Tuesday high 64.08% before sliding to a Saturday low 61.70%. At the time of writing, Bitcoin’s dominance stood at 62.07%.\nAt the time of writing, Bitcoin was down by 0.19% to $9,696.5. A mixed start to the day saw Bitcoin rise to an early morning high $9,722.8 before falling to a low $9,690.4.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nAt the time of writing, Bitcoin Cash ABC (+0.92%) and Bitcoin Cash SV (+0.33%) bucked the trend early on.\nIt was a bearish start for the rest of the majors, however.\nStellar’s Lumen was down by 1.35% to lead the way down early on.\nhttps://www.tradingview.com/x/ztgae3yU/\nFor the Bitcoin Day Ahead\nBitcoin would need to avoid a fall through the $9,675 pivot to support a run at the first major resistance level at $9,794.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $9,754.5.\nBarring another extended crypto rally, the first major resistance level and Saturday’s high would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $9,874 and resistance at $10,000. The third major resistance level sits at $10,073.\nFailure to avoid a fall through the $9,675 pivot level would bring the first major support level at $9,595 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer clear of the second major resistance level at $9,476.\nThisarticlewas originally posted on FX Empire\n• Crude Oil Price Update – Trader Reaction to $41.24 Pivot Sets the Short-Term Tone\n• U.S. Dollar Index (DX) Futures Technical Analysis – Drilled Lower by Weaker-Than-Expected PMI Data\n• E-mini S&P 500 Index (ES) Futures Technical Analysis – Confirmed Reversal Top Shifts Momentum to Downside\n• Crude Oil Price Forecast – Crude Oil Markets Slump Into Weekend\n• US Stock Market Overview – Stocks Drop Ahead Large Tech Earnings\n• S&P 500 Weekly Price Forecast – 3200 Continues to Be Point of Contention', 'The Organization for Economic Co-operation and Development (OECD) said that the UK’s economy is going to plunge by 11.5% throughout this year. Still, it could get worse if there were a second wave of COVID-19 infections. If this were to happen, the economy could compress further in the months to come leading to 2021. Given the concerning projections, chancellor Rishi Sunak rolled out a new plan that is set to jump-start the economy by supporting jobs and businesses. The idea behind the fresh measures is to ensure that the “economic recovery is as strong and as swift as possible.” The plan provides a clear path around protecting, supporting, and creating new jobs to boost the confidence of employers. But it fails to address how it will improve the day-to-day lives of the British people. In fact, there are no mentions regarding funding for public schools, transportation, and cultural amenities, such as museums, galleries, public parks, and others. With lockdown measures easing in the UK, investors are growing hopeful about a further economic recovery. This sense of optimism was barely interrupted on Monday, July 13th, after the governor of the Bank of England Andrew Bailey said to be “very worried” about jobs across the nation. Following the banker’s speech, the Pound crashed by 1.47% to hit a low of $1.248 on July 14th, but investors’ confidence did not fade away. The GBP/USD exchange rate has been able to recover since then surging over 1.70% to trade at $1.272 as of July 23rd. While Sterling seems to have more room to go up, there is a massive resistance barrier sitting ahead of it. The Pound must break through $1.275 to retest June 10th high of $1.281 or even reach the next hurdle at $1.301. Given the uncertainty around Britain’s economy, investors might be able to hedge against potential risks with Bitcoin . The flagship cryptocurrency recently moved past the $9,400 resistance wall and made a higher high for the first time since June. If the buying pressure behind BTC continues to rise, it would likely take another shot at the infamous $10,000 hurdle. Moving past this area of resistance increases the odds for new yearly highs. Story continues Everything will depend on Bitcoin’s ability to stay above the $8,900 support level. Expectations Grow Around the Pound Sterling was able to recover strongly following March’s market meltdown. The new fiscal stimulus recently announced and hopes for a vaccine against COVID-19 also seems to have helped propel the Pound higher. While the risks of Brexit talks and rising tensions with China are still relevant, GBP might be able to weather the storm against the US dollar. Given the current economic outlook with the Federal Reserve adding more liquidity into the market, traders must watch out for the $1.275 resistance level since it may allow the Pound to advance further. If sell orders begin to pile up, however, Sterling might retrace to $1.253. Under such circumstances, the two crucial price hurdles ahead of the Pound are the $1.275 resistance and the $1.266 support level. Moving above or below these critical price levels will determine where the GBP/USD exchange rate is headed next. For a look at all of today’s economic even **Last 60 Days of Bitcoin's Closing Prices:** [9181.02, 9525.75, 9439.12, 9700.41, 9461.06, 10167.27, 9529.80, 9656.72, 9800.64, 9665.53, 9653.68, 9758.85, 9771.49, 9795.70, 9870.09, 9321.78, 9480.84, 9475.28, 9386.79, 9450.70, 9538.02, 9480.25, 9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-07-26 **Financial & Commodity Data:** - Gold Closing Price: $1897.30 - Crude Oil Closing Price: $41.29 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $183,185,966,594 - Hash Rate: 136238943.678657 - Transaction Count: 298580.0 - Unique Addresses: 608050.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.55 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin fell by 0.77% on Thursday. Following on from a 0.64% decline on Wednesday, Bitcoin ended the day at $9,400.0. It was a mixed start to the day. Bitcoin recovered from an early dip to strike a late morning intraday high $9,496.9 before hitting reverse. Falling well short of the first major resistance level at $9,606.27, Bitcoin slid to a late intraday low $9,285.0. The reversal saw Bitcoin fall through the first major support level at $9,300.27 before finding late support. Bitcoin broke back through the first major support level to $9,400 levels, limiting the loss on the day. The near-term bullish trend remained intact in spite of last week’s sell-off, with Bitcoin holding well above the 23.6% FIB of $8,900. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Thursday. Binance Coin (-1.53%), Bitcoin Cash SV (-1.49%), Cardano’s ADA (-1.91%), Litecoin (-1.45%), Ripple’s XRP (-1.68%), and Stellar’s Lumen (-1.47%) lead the way down. Bitcoin Cash ABC (-1.21%), EOS (-1.19%), Ethereum (-1.09%), and Tron’s TRX (-1.03%) also struggled on the day. Monero’s XMR and Tezos saw relatively modest losses of 0.17% and 0.51% respectively. Through the current week, the crypto total market cap fell to a Monday low $246.94bn before rising to a Wednesday high $266.87bn. At the time of writing, the total market cap stood at $260.24bn. Bitcoin’s dominance rose to a Monday high 66.60% before sliding to a Wednesday low 65.87%. At the time of writing, Bitcoin’s dominance stood at 66.10%. This Morning At the time of writing, Bitcoin was down by 0.48% to $9,355.0. A bearish start to the day saw Bitcoin fall from an early morning high $9,400.0 to a low $9,333.4. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day on Friday. Story continues Binance Coin was up by 0.33% to buck the trend early on. It was bearish for the rest of the pack, however, with Cardano’s ADA down by 1.05% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the $9,394 pivot to bring the first major resistance level at $9,502.93 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Thursday’s high $9,496.6. Resistance at $9,500 has continued to pin Bitcoin back since 11 th June. Barring a broad-based crypto rally, the first major resistance level and Thursday’s high $9,496.9 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $9,595.87. Failure to move through the $9,394 pivot level could see Bitcoin struggle on the day. A fall through the morning low $9,333.4 would bring the first major support level at $9,291.03 into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$9,000 levels. The second major support level at $9,182.07 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: European Equities: A Quiet Economic Calendar Leaves Stimulus and COVID-19 News in Focus Gold Has Finally Cleared Major Resistance – Time for Liftoff EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – June 19th, 2020 US Stock Market Overview – Stocks Close Mixed; Dow Drop and Nasdaq Continue to Rally Silver Price Forecast – Silver Markets Give Back Early Gains A 2nd Term and a 2nd Impeachment – Only in America... - Reddit Posts (Sample): [['u/mexicothebeast', 'Under 18 Help Sending BTC', 10, '2020-07-26 03:42', 'https://www.reddit.com/r/btc/comments/hxyeyv/under_18_help_sending_btc/', 'Hey guys, I have $20 worth of btc in my wallet and i’m trying to purchase something online with it, is there any way I can do that while under 18?', 'https://www.reddit.com/r/btc/comments/hxyeyv/under_18_help_sending_btc/', 'hxyeyv', [['u/spukkin', 10, '2020-07-26 04:59', 'https://www.reddit.com/r/btc/comments/hxyeyv/under_18_help_sending_btc/fz9l568/', 'exodus wallet does not require verification to send and receive crypto.', 'hxyeyv']]], ['u/SpecialTurnip3', "A Theory: The Crypto Ecosystem Hasn't Fully Collapsed Because It Has Found A Truly Ingenious Way To Monetize Human Stupidity and Greed", 58, '2020-07-26 05:54', 'https://www.reddit.com/r/Buttcoin/comments/hy06h2/a_theory_the_crypto_ecosystem_hasnt_fully/', 'It\'s true that most traditional ponzi/pyramid schemes (Madoff etc...) collapse because they\'re obligated to provide unsustainable returns to their investors. However, pyramid schemes that force their sucker "investors" to eat their own losses typically don\'t collapse, at least not for a long time . Crypto is a perfect example of this dynamic at play, since exchanges are able to establish a consistent revenue stream of hard currency by manipulating the market against butters stupid enough to gamble on margin. The whole thing basically has the business model of a casino/pyramid scheme combined into one. Bitcoin doesn\'t run on electricity or software. It runs on sheer human stupidity, gullibility, and greed. MLMs like Harbalife largely function on the same principle (forcing the vast majority of suckers to eat their losses instead of guaranteeing an ultimately unsustainable return), which is why many MLMs have lasted for literally decades.\n\nSomething that u/thehoesmaketheman said on here that really stuck with me is that governments make pyramid schemes illegal because people love to "invest" in pyramid schemes otherwise. This can actually do profound damage to society if taken far enough, and while any given pyramid scheme might eventually collapse (depending on its structure), there will always be new schemes and new suckers. Crypto is a perfect space for generating both, as it is both digital and laughably unregulated. So I predict the Bitcoin/Crypto/Tether Rube Goldberg machine of stupidity and greed will keep going until governments finally wise up and make it illegal (if they ever do) because its just another scam at the end of the day. Unfortunately for our society and the planet, a lot of people in power seem to be fooled by trendy tech buzzwords like blockchain.', 'https://www.reddit.com/r/Buttcoin/comments/hy06h2/a_theory_the_crypto_ecosystem_hasnt_fully/', 'hy06h2', [['u/shahbucks00711', 18, '2020-07-26 06:21', 'https://www.reddit.com/r/Buttcoin/comments/hy06h2/a_theory_the_crypto_ecosystem_hasnt_fully/fz9sgwb/', "It's legit the greatest scam ever created.", 'hy06h2'], ['u/SpecialTurnip3', 16, '2020-07-26 06:22', 'https://www.reddit.com/r/Buttcoin/comments/hy06h2/a_theory_the_crypto_ecosystem_hasnt_fully/fz9sica/', "That depends: how much is tether making in hard currency by fleecing the delusional butters gambling on margin? How many real dollars is it making from money-laundering, and other forms of illicit activity? Those are the only two reasons that I can think off that Tether has not collapsed yet--they must be getting hard currency from somewhere to keep the exchanges liquid enough to cover withdrawals in real USD.\n\nI honestly expected Tether to collapse around the time of Bitconnect. I am amazed it still exists. Hell, I am amazed the U.S. government *allows* this clown-car mockery version of the dollar to exist in the first place. Isn't tether basically counterfeiting currency on a massive scale, at least in a way? None of this shit would fly legally if it wasn't disguised with techy buzzwords like blockchain that politicians are too lazy to see through.", 'hy06h2'], ['u/SpecialTurnip3', 20, '2020-07-26 07:56', 'https://www.reddit.com/r/Buttcoin/comments/hy06h2/a_theory_the_crypto_ecosystem_hasnt_fully/fz9zug3/', 'I am an atheist, but at least most traditional religions teach giving charity towards the poor. Crypto is the literal personification of "fuck you, got mine" lolbertarian ideology.', 'hy06h2'], ['u/jstolfi', 11, '2020-07-26 17:59', 'https://www.reddit.com/r/Buttcoin/comments/hy06h2/a_theory_the_crypto_ecosystem_hasnt_fully/fzb7q2g/', "Maybe. The basic bitcoin scam -- investors giving money to miners, with no source of revenue that will ever return to them -- has already taken some 15 billion USD from the suckers who ever bought bitcoins. That is still short of the 19 billion estimate for what Madoff's investors actually lost. But if we add the similar losses through other coins, including Tether and Ethereum, the total may be already higher.\n\nHowever, the crytpo exchanges have probably taken even more money from the other suckers who day-trade crypto. Those exchanges can do all the dirty tricks against their clients that would be jail crimes if done by stock brokers or stock exchanges. \n\nBut Madoff's was (maybe) only the largest **ponzi**. I believe that there were some much larger scams and frauds (even without going into *legal* ones). Enron investors reportedly lost 74 billion USD when the stock collapsed after the management was found to have faked its profits and hid huge losses.", 'hy06h2'], ['u/jstolfi', 15, '2020-07-26 18:37', 'https://www.reddit.com/r/Buttcoin/comments/hy06h2/a_theory_the_crypto_ecosystem_hasnt_fully/fzbc5md/', 'Indeed. Crypto has improved on early scams in several ways. \n\nFor one thing, it is decentralized -- there is no central scammer, just a large flock of scammers who are united only by their selfish greed. It is the very mechanism that Satoshi invented, although used for a purpose that (I think) he did not foresee.\n\nFor another thing, crypto scammers managed to convince many governments, including the US, that cryptos are neither securities, nor currencies, nor bonds or whatever. They are claimed to be "a new asset class." Therefore, existing financial and investment regulators, like the US SEC, do not consider the crypto investment scam to be their problem. \n\nThird, while some previous investment frauds required the scammers to lie about the true nature of the "business", the nature of cryptos is open but just too complicated for people to understand, even when experts try to explain it to them. Its alleged value as investment also relies on economic theories that cannot be easily proved or disproved. Thus millions can still be convinced to invest in them, in spite of their fatal and unfixable flaws.\n\nFourth, unlike most previous frauds, crypto scammers do not promise *immediate* profits. They tell their marks that cryptos **probably** will be immensely valuable **in some indeterminate future** when they will replace national currencies, So investors do not feel cheated when the price fails to reach those levels in 5 years, or stagnates, or even drops by 80% for six months. And the scammers will continuously come up with fake "improvements" like the Lightning Network, PoS, Avalanche, and DeFi, that, "when ready", will finally make adoption explode.', 'hy06h2']]], ['u/AutoModerator', '[Daily Discussion] Sunday, July 26, 2020', 67, '2020-07-26 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/hy0bte/daily_discussion_sunday_july_26_2020/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n**Other ways to interact:**\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/hy0bte/daily_discussion_sunday_july_26_2020/', 'hy0bte', [['u/Damien_Targaryen', 10, '2020-07-26 07:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/hy0bte/daily_discussion_sunday_july_26_2020/fz9ykam/', 'I feel a big battle coming ahead of us and I think this time...the Bulls finally win.', 'hy0bte'], ['u/GrossBit', 13, '2020-07-26 08:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/hy0bte/daily_discussion_sunday_july_26_2020/fza1duz/', 'The bulls are winning \nJust not the BTC bulls\nThe DeFi bulls , the ETH bulls, the ADA bulls etc... \n\nMany teams are winning just not the BTC one (at least not yet)', 'hy0bte'], ['u/chuck_portis', 56, '2020-07-26 09:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/hy0bte/daily_discussion_sunday_july_26_2020/fza7od2/', "Remember the events that led to the creation of Bitcoin. It was in the wake of the 2008 Financial Crisis, during which:\n\n* Governments bailed out failing big corporations with freshly printed USD\n* Interest Rates were pushed to record lows to discourage saving\n* The fiscal system narrowly avoided a complete collapse\n\nHere we are more than a decade later:\n\n* Governments are bailing out big corporations with freshly printed USD ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['EOS fell by 0.60% on Sunday. Partially reversing a 4.99% rally from Saturday, EOS ended the week up by 4.88% to $2.7164.\nIt was a mixed start to the day. EOS fell to an early morning low $2.7068 before making a move.\nSteering clear of the first major support level at $2.6367, EOS rallied to a late morning intraday high $2.8141.\nEOS broke through the first major resistance level at $2.7880 before falling to a mid-day intraday low $2.6858.\nHolding above the major support levels, EOS briefly revisited $2.74 levels before falling back into the red.\nAt the time of writing, EOS was up by $0.07% to $2.7184. A bullish start to the day saw EOS rise from an early morning low $2.7172 to a high $2.7237.\nEOS left the major support and resistance levels untested early on.\nEOS would need to move through the $2.7388 pivot level to support a run at the first major resistance level at $2.7917.\nSupport from the broader market would be needed, however, for EOS to break out from $2.75 levels.\nBarring an extended crypto rally, the first major resistance level likely cap any upside.\nFailure to move through the $2.7388 pivot would bring the first major support level at $2.6634 into play.\nBarring another extended sell-off, EOS should steer clear of sub-$2.60 levels. The second major support level at $2.6105 should limit any downside.\nFirst Major Support Level: $2.6634\nPivot Level: $2.7388\nFirst Major Resistance Level: $2.7917\n23.6% FIB Retracement Level: $6.62\n38% FIB Retracement Level: $9.76\n62% FIB Retracement Level: $14.82\nEthereum rose by 1.90% on Sunday. Following on from Saturday’s 9.30% rally, Ethereum ended the week up by 30.13% to $311.35.\nA bearish start saw Ethereum fall to an early morning intraday low $300.21 before making a move.\nSteering well clear of the first major support level at $286.85, Ethereum rallied to a late morning intraday high $319.86.\nEthereum broke through the first major resistance levels at $317.23 before falling back to $301 levels.\nFinding late support, Ethereum broke back through to $314 levels before easing back.\nAt the time of writing, Ethereum was up by 0.21% to $312.01. A bullish start to the day saw Ethereum rise from an early morning low $311.38 to a high $312.72.\nEthereum left the major support and resistance levels untested early on.\nEthereum would need to avoid a fall through the $310.40 pivot to support a run at the first major resistance level at $320.74.\nSupport from the broader market would be needed, however, for Ethereum to break out from Sunday’s high $319.86.\nBarring another extended crypto rally, the first major resistance level should cap any upside.\nFailure to avoid a fall through the $310.50 pivot would bring the first major support level at $301.09 into play.\nBarring an extended sell-off, however, Ethereum should steer clear of the second major support level at $290.82.\nFirst Major Support Level: $301.09\nPivot Level: $310.50\nFirst Major Resistance Level: $320.74\n23.6% FIB Retracement Level: $257\n38.2% FIB Retracement Level: $367\n62% FIB Retracement Level: $543\nRipple’s XRP rose by 0.28% on Sunday. Following on from a 5.23% rally from Saturday, Ripple’s XRP ended the week up by 7.80% to $0.21551.\nIt was a mixed start to the day. Ripple’s XRP slipped to an early morning low $0.21313 before striking a late morning intraday high $0.22540.\nRipple’s XRP broke through the first major resistance level at $0.2206 before sliding to a mid-day intraday low $0.21237.\nSteering clear of the first major support level at $0.2067, Ripple’s XRP revisited $0.2190 levels before easing back.\nAt the time of writing, Ripple’s XRP was up by 0.25% to $0.21605. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.21526 before striking a high $0.21608.\nRipple’s XRP left the major support and resistance levels untested early on.\nRipple’s XRP will need to move through the $0.2178 pivot to support a run at the first major resistance level at $0.2232.\nSupport from the broader market would be needed, however, for Ripple’s XRP to break out from $0.2200 levels.\nBarring a broad-based crypto rally, the first major resistance level and Sunday’s high $0.2254 should cap any upside.\nIn the event of a breakout, Ripple’s XRP should test the second major resistance level at $0.2308 before any pullback.\nFailure to move through the $0.2178 pivot would bring the first major support level at $0.2101 into play.\nBarring an extended crypto sell-off, Ripple’s XRP should avoid sub-$0.21 levels and the second major support level at $0.2047.\nFirst Major Support Level: $0.2101\nPivot Level: $0.2178\nFirst Major Resistance Level: $0.2232\n23.6% FIB Retracement Level: $0.3638\n38.2% FIB Retracement Level: $0.4800\n62% FIB Retracement Level: $0.6678\nPlease let us know what you think in the comments below.\nThanks, Bob\nThisarticlewas originally posted on FX Empire\n• European Equities: A Week in Review – 25/07/20\n• AUD/USD Forex Technical Analysis – Being Guided by Shifting Risk Sentiment\n• The Pound Reacts to New Stimulus Plan that Aims to Jump-Start the Economy\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Main Trend Changed to Down on Friday\n• European Equities: Economic Data, Geopolitics, and COVID-19 News in Focus\n• Bitcoin and Cardano’s ADA Weekly Technical Analysis – July 27th, 2020', 'EOS EOS fell by 0.60% on Sunday. Partially reversing a 4.99% rally from Saturday, EOS ended the week up by 4.88% to $2.7164. It was a mixed start to the day. EOS fell to an early morning low $2.7068 before making a move. Steering clear of the first major support level at $2.6367, EOS rallied to a late morning intraday high $2.8141. EOS broke through the first major resistance level at $2.7880 before falling to a mid-day intraday low $2.6858. Holding above the major support levels, EOS briefly revisited $2.74 levels before falling back into the red. At the time of writing, EOS was up by $0.07% to $2.7184. A bullish start to the day saw EOS rise from an early morning low $2.7172 to a high $2.7237. EOS left the major support and resistance levels untested early on. For the day ahead EOS would need to move through the $2.7388 pivot level to support a run at the first major resistance level at $2.7917. Support from the broader market would be needed, however, for EOS to break out from $2.75 levels. Barring an extended crypto rally, the first major resistance level likely cap any upside. Failure to move through the $2.7388 pivot would bring the first major support level at $2.6634 into play. Barring another extended sell-off, EOS should steer clear of sub-$2.60 levels. The second major support level at $2.6105 should limit any downside. Looking at the Technical Indicators First Major Support Level: $2.6634 Pivot Level: $2.7388 First Major Resistance Level: $2.7917 23.6% FIB Retracement Level: $6.62 38% FIB Retracement Level: $9.76 62% FIB Retracement Level: $14.82 Ethereum Ethereum rose by 1.90% on Sunday. Following on from Saturday’s 9.30% rally, Ethereum ended the week up by 30.13% to $311.35. A bearish start saw Ethereum fall to an early morning intraday low $300.21 before making a move. Steering well clear of the first major support level at $286.85, Ethereum rallied to a late morning intraday high $319.86. Ethereum broke through the first major resistance levels at $317.23 before falling back to $301 levels. Story continues Finding late support, Ethereum broke back through to $314 levels before easing back. At the time of writing, Ethereum was up by 0.21% to $312.01. A bullish start to the day saw Ethereum rise from an early morning low $311.38 to a high $312.72. Ethereum left the major support and resistance levels untested early on. For the day ahead Ethereum would need to avoid a fall through the $310.40 pivot to support a run at the first major resistance level at $320.74. Support from the broader market would be needed, however, for Ethereum to break out from Sunday’s high $319.86. Barring another extended crypto rally, the first major resistance level should cap any upside. Failure to avoid a fall through the $310.50 pivot would bring the first major support level at $301.09 into play. Barring an extended sell-off, however, Ethereum should steer clear of the second major support level at $290.82. Looking at the Technical Indicators First Major Support Level: $301.09 Pivot Level: $310.50 First Major Resistance Level: $320.74 23.6% FIB Retracement Level: $257 38.2% FIB Retracement Level: $367 62% FIB Retracement Level: $543 Ripple’s XRP Ripple’s XRP rose by 0.28% on Sunday. Following on from a 5.23% rally from Saturday, Ripple’s XRP ended the week up by 7.80% to $0.21551. It was a mixed start to the day. Ripple’s XRP slipped to an early morning low $0.21313 before striking a late morning intraday high $0.22540. Ripple’s XRP broke through the first major resistance level at $0.2206 before sliding to a mid-day intraday low $0.21237. Steering clear of the first major support level at $0.2067, Ripple’s XRP revisited $0.2190 levels before easing back. At the time of writing, Ripple’s XRP was up by 0.25% to $0.21605. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.21526 before striking a high $0.21608. Ripple’s XRP left the major support and resistance levels untested early on. For the day ahead Ripple’s XRP will need to move through the $0.2178 pivot to support a run at the first major resistance level at $0.2232. Support from the broader market would be needed, however, for Ripple’s XRP to break out from $0.2200 levels. Barring a broad-based crypto rally, the first major resistance level and Sunday’s high $0.2254 should cap any upside. In the event of a breakout, Ripple’s XRP should test the second major resistance level at $0.2308 before any pullback. Failure to move through the $0.2178 pivot would bring the first major support level at $0.2101 into play. Barring an extended crypto sell-off, Ripple’s XRP should avoid sub-$0.21 leve **Last 60 Days of Bitcoin's Closing Prices:** [9525.75, 9439.12, 9700.41, 9461.06, 10167.27, 9529.80, 9656.72, 9800.64, 9665.53, 9653.68, 9758.85, 9771.49, 9795.70, 9870.09, 9321.78, 9480.84, 9475.28, 9386.79, 9450.70, 9538.02, 9480.25, 9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-07-27 **Financial & Commodity Data:** - Gold Closing Price: $1931.00 - Crude Oil Closing Price: $41.60 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $183,185,966,594 - Hash Rate: 128205972.903398 - Transaction Count: 326769.0 - Unique Addresses: 690892.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.58 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Twitter fell victim to a coordinated hack on Wednesday that targeted the accounts of prominent users with big followings, including Barack Obama, Joe Biden, Bill Gates, Elon Musk, and Kanye West, and sent out tweets from their accounts asking for bitcoin. One sample tweet, sent from Biden’s account, promised: “All bitcoin sent to the below address will be sent back doubled!” Twitter ( TWTR ) will have to answer for the hack, and the FBI is now investigating as well. According to Vice , the hack was carried out by an employee inside Twitter, who was paid to help the hackers by using an internal tool that changed the email address associated with the compromised accounts. Twitter on Wednesday night said the hack was a “coordinated social engineering attack by people who successfully targeted some of our employees with access to internal systems and tools.” But cryptocurrency scams on Twitter are nothing new, and they have targeted prominent accounts in the past. Jack Dorsey, CEO of Twitter (Photo by Burhaan Kinu/Hindustan Times via Getty Images) The problem became rampant on Twitter in late 2017, when bitcoin was on a wild price ride . Bots promoting cryptocurrency “giveaways” would reply in droves to legitimate tweets from major tech figures like Apple CEO Tim Cook, Tesla CEO Elon Musk, or Ethereum founder Vitalik Buterin. The bot accounts would have the same photo and display name as the real person; the only way to tell it was fake was from checking the handle. These tweets would promise free bitcoin ( BTC ) or ether ( ETH ) if users would send crypto to a wallet address. (“As a thank you to my followers, I’m giving away 500 ETH! Click here! Just send 20 BTC to this address and we will immediately send back 40 BTC.”) Elon Musk, in particular, was targeted incessantly, and tweeted in July 2018 that he wanted to know who was responsible for the scams, though he misspelled Ethereum. I want to know who is running the Etherium scambots! Mad skillz … — Elon Musk (@elonmusk) July 8, 2018 Crypto scams on Twitter became so pervasive for a time that many crypto influencers on Twitter added “not giving away ETH” to their Twitter display names. Story continues In August 2018, the spam bots even targeted President Trump , replying to his tweets so that the spam tweets would nest below his real tweets. During the same period, spammers also hacked the accounts of real people with big followings, including the band Bad Religion and NBA player Monte Morris, and turned their accounts into fake Trump accounts. A hacked Twitter account, belonging to British rugby star Joe Joyce and taken over to look like President Trump's account, promotes a crypto scam on Aug. 1, 2018. You might think the spam tweets look so clearly fake that no one would fall for them, but people do. This latest crypto scam on Wednesday resulted in at least 12.5 bitcoin being sent to the wallet address shared in the spam tweets. That comes out to about $114,500 at the current bitcoin price, which isn’t a lot considering that the compromised Twitter accounts had a collective 346 million followers, but it isn’t nothing. Twitter, in the past, has said on the issue, “We are aware of this form of manipulation and are proactively implementing a number of signals to prevent these types of accounts from engaging with others in a deceptive manner” but has been criticized for not weeding out the problem effectively enough. This time, after a much more sinister example in which important accounts were compromised, Twitter will face far more public pressure to put a stop to such scams. The hack will also bring more scrutiny on CEO Jack Dorsey, a big bitcoin believer himself , who may not be able to pull double duty as CEO of both Twitter and Square for much longer. — Daniel Roberts is an editor-at-large at Yahoo Finance and closely covers tech and media. Follow him on Twitter at @ readDanwrite . Read more on how coronavirus is affecting the entertainment industry: Twitter crypto scammers target Trump’s account How long can Jack Dorsey stay on as CEO of both Twitter and Square? Reddit cofounder Alexis Ohanian: We are entering a 'crypto spring' Amazon tells employees to delete TikTok, then says email was 'sent in error' Quibi cannot blame all its problems on the pandemic Spotify, Amazon, Apple and Barstool Sports are all betting big on podcasts... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['The bitcoin bulls are back in town.\nThe price of bitcoin surged today by $1,268.19, reaching a six-month high of $11,203.90, or a one-day gain of 12.73%. It\'s another indication of the resurgence of both investor interest in the technology and renewed confidence in its long-term prospects after a rough year of regulatory scrutiny and declining value in the major cryptocurrencies.\nFor cryptocurrency investors like Alyse Killeen, an advisor to Mantis VC (the investment firm launched by the celebrity music duo The Chainsmokers), the climb in Bitcoin prices reflects the increased stability of the infrastructure that undergirds Bitcoin specifically, and distributed ledger technologies more broadly.\n"Bitcoin has much more intrinsic value today than it did a year ago just from an infrastructure perspective," Killeen wrote in a direct message. "[The] Lightning network is working, sidechains are working. And so you can do more with bitcoin today than you could last year."\nThe Lightning network is a second-layer technology for bitcoin that scales the blockchain\'s ability to conduct transactions and it\'s increasing people\'s ability to actually use the network.\nIt\'s more than just increasing capacity driving the surge in investor interest and prices, Killeen wrote. There\'s also the decreased supply of available bitcoin -- a function of the halving of coins in circulation which happened earlier this year.\nMoreover, financial institutions are now holding cryptocurrencies -- giving investors more confidence in the security of the assets, Killeen wrote.\nSome blockchain experts, like Willy Woo, who is an analyst now working at Lvl to launch Bitcoin banking services, even called the timing for the most recent bull run.\nhttps://platform.twitter.com/widgets.js\nKilleen also expected the markets to rise in the third quarter or early fourth quarter thanks to the increasing infrastructure to support transactions and activity on the blockchain, the amount of bitcoin in circulation and a response to the halving of currency in circulation.\n"What’s happening now is that larger institutions are offering purchase facilitation and custody (e.g. Fidelity)," Killeen wrote. "This is bullish for Bitcoin AND self-custody. With \'real banks\' holding bitcoin for their customers, the average person will view bitcoin more like money, and [the] differentiation of being your own bank becomes even more clear," wrote Casa chief executive officer Nick Neuman, on Twitter.\nhttps://platform.twitter.com/widgets.js', 'The bitcoin bulls are back in town.\nThe price of bitcoin surged today by $1,268.19, reaching a six-month high of $11,203.90, or a one-day gain of 12.73%. It\'s another indication of the resurgence of both investor interest in the technology and renewed confidence in its long-term prospects after a rough year of regulatory scrutiny and declining value in the major cryptocurrencies.\nFor cryptocurrency investors like Alyse Killeen, an advisor to Mantis VC (the investment firm launched by the celebrity music duo The Chainsmokers), the climb in Bitcoin prices reflects the increased stability of the infrastructure that undergirds Bitcoin specifically, and distributed ledger technologies more broadly.\n"Bitcoin has much more intrinsic value today than it did a year ago just from an infrastructure perspective," Killeen wrote in a direct message. "[The] Lightning network is working, sidechains are working. And so you can do more with bitcoin today than you could last year."\nThe Lightning network is a second-layer technology for bitcoin that scales the blockchain\'s ability to conduct transactions and it\'s increasing people\'s ability to actually use the network.\nIt\'s more than just increasing capacity driving the surge in investor interest and prices, Killeen wrote. There\'s also the decreased supply of available bitcoin -- a function of the halving of coins in circulation which happened earlier this year.\nMoreover, financial institutions are now holding cryptocurrencies -- giving investors more confidence in the security of the assets, Killeen wrote.\nSome blockchain experts, like Willy Woo, who is an analyst now working at Lvl to launch Bitcoin banking services, even called the timing for the most recent bull run.\nhttps://platform.twitter.com/widgets.js\nKilleen also expected the markets to rise in the third quarter or early fourth quarter thanks to the increasing infrastructure to support transactions and activity on the blockchain, the amount of bitcoin in circulation and a response to the halving of currency in circulation.\n"What’s happening now is that larger institutions are offering purchase facilitation and custody (e.g. Fidelity)," Killeen wrote. "This is bullish for Bitcoin AND self-custody. With \'real banks\' holding bitcoin for their customers, the average person will view bitcoin more like money, and [the] differentiation of being your own bank becomes even more clear," wrote Casa chief executive officer Nick Neuman, on Twitter.\nhttps://platform.twitter.com/widgets.js', 'Fujifilm Holdings Corporation (OTC: FUJIF ) has been awarded a $265 million federal contract to support the manufacturing of novel coronavirus (COVID-19) vaccine candidate,\xa0the United States Department of Health and Human Services announced Monday. What happened The Japanese company\'s unit Fujifilm Diosynth Biotechnologies\xa0subcontracts manufacturing at the Texas A&M\xa0Center for Innovation in Advanced Development and Manufacturing (CIADM),\xa0a public-private partnership between Biomedical Advanced Research and Development Authority (BARDA) and Texas A&M University. The U.S. government has reserved CIADM\'s capacity until December 2021 for the development of COVID-19 vaccines, such as a candidate from Novavax, Inc (NASDAQ: NVAX ), under Operation Warp Speed, which was described by HHS Secretary Alex Azar as “one of the largest vaccine manufacturing efforts in recent history.” Fujifilm earlier this week announced it had entered an agreement with Novavax to "manufacture bulk drug substance" for the Maryland-based company\'s coronavirus vaccine candidate at its site in Morrisville, North Carolina. The Tokyo-based company said "the technology transfer from\xa0North Carolina\xa0to\xa0Texas\xa0will begin in late 2020 with expanded mass production of the vaccine candidate starting in early 2021." Novavax has received $1.6 billion in federal funding for the\xa0NVX-CoV2373 vaccine candidate. Why It Matters Manufacturing and distribution of a potential vaccine is a key obstacle with manufacturers preparing to overcome such challenges even before a safe vaccine is found to be able to faster deliver the successful candidate, CNBC noted earlier. On Sunday, Moderna Inc (NASDAQ: MRNA ) said it received another $472 million dollars from the Trump administration, in addition to the original $483 million it was awarded in support of its vaccine candidate. The company also started the late-stage testing for its coronavirus vaccine on Monday, alongside another candidate developed by Pfizer Inc (NYSE: PFE ) and its German partner BioNTech SE (NASDAQ: BNTX ). Johnson & Johnson (NYSE: JNJ ) is expecting to start the late-stage clinical trials for its vaccine candidate ahead of schedule in September. Price Action Fujifilm Holdings OTC shares closed 7.02% higher at $47.09 on Monday. See more from Benzinga AstraZeneca To Pay B To Japan\'s Daiichi As Part of Collaboration On New Cancer Drug Rivian To Start Delivering All-Electric Pickup By Summer Next Year: Report Gold Hits Record High As US-China Relations Deteriorate Further, Bitcoin Crosses ,000 Mark © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. View comments', 'Fujifilm Holdings Corporation(OTC:FUJIF) has been awarded a $265 million federal contract to support the manufacturing of novel coronavirus (COVID-19) vaccine candidate,\xa0the United States Department of Health and Human ServicesannouncedMonday.\nWhat happened\nThe Japanese company\'s unit Fujifilm Diosynth Biotechnologies\xa0subcontracts manufacturing at the Texas A&M\xa0Center for Innovation in Advanced Development and Manufacturing (CIADM),\xa0a public-private partnership between Biomedical Advanced Research and Development Authority (BARDA) and Texas A&M University.\nThe U.S. government has reserved CIADM\'s capacity until December 2021 for the development of COVID-19 vaccines, such as a candidate fromNovavax, Inc(NASDAQ:NVAX), under Operation Warp Speed, which was described by HHS Secretary Alex Azar as “one of the largest vaccine manufacturing efforts in recent history.”\nFujifilm earlier this week announced it hadenteredan agreement with Novavax to "manufacture bulk drug substance" for the Maryland-based company\'s coronavirus vaccine candidate at its site in Morrisville, North Carolina. The Tokyo-based company said "the technology transfer from\xa0North Carolina\xa0to\xa0Texas\xa0will begin in late 2020 with expanded mass production of the vaccine candidate starting in early 2021."\nNovavax has received $1.6 billion in federal funding for the\xa0NVX-CoV2373 vaccine candidate.\nWhy It Matters\nManufacturing and distribution of a potential vaccine is a key obstacle with manufacturers preparing to overcome such challenges even before a safe vaccine is found to be able to faster deliver the successful candidate, CNBCnotedearlier.\nOn Sunday,Moderna Inc(NASDAQ:MRNA) said it received another $472 million dollars from the Trump administration, in addition to the original $483 million it was awarded in support of its vaccine candidate.\nThe company also started the late-stage testing for its coronavirus vaccine on Monday, alongside another candidate developed byPfizer Inc(NYSE:PFE) and its German partnerBioNTech SE(NASDAQ:BNTX).Johnson & Johnson(NYSE:JNJ) is expecting to start the late-stage clinical trials for its vaccine candidate ahead of schedule in September.\nPrice Action\nFujifilm Holdings OTC shares c **Last 60 Days of Bitcoin's Closing Prices:** [9439.12, 9700.41, 9461.06, 10167.27, 9529.80, 9656.72, 9800.64, 9665.53, 9653.68, 9758.85, 9771.49, 9795.70, 9870.09, 9321.78, 9480.84, 9475.28, 9386.79, 9450.70, 9538.02, 9480.25, 9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-07-28 **Financial & Commodity Data:** - Gold Closing Price: $1944.70 - Crude Oil Closing Price: $41.04 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $183,185,966,594 - Hash Rate: 121437040.395232 - Transaction Count: 354742.0 - Unique Addresses: 745966.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.76 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Earlier in the Day: It was a relatively busy day on the economic calendar this morning. The Aussie Dollar and Japanese Yen were in focus early in the day, as was economic data out of China. Away from the economic calendar, key risks remained in focus, while the Asian markets responded to news from the U.S. The good news continued to be the COVID-19 numbers that remained on the lower side in spite of the easing in lockdown measures. While plenty of downside risks remain, including consumer sentiment, it’s certainly good news for the markets. A COVID-19 vaccine would address the uncertainty over consumer sentiment globally… Looking at the latest coronavirus numbers, On Tuesday, the number of new coronavirus cases rose by 112,694 to 6,470,911. On Monday, the number of new cases had risen by 95,146. While the daily increase was higher than Monday’s rise and 95,878 new cases from the previous Tuesday. France, Germany, Italy, and Spain reported 938 new cases on Tuesday, which was down from 1,018 new cases on Monday. On the previous Tuesday, 1,535 new cases had been reported. Significantly, all 4 member states reported less than 300 cases each for a 2 nd consecutive day. From the U.S, the total number of cases rose by 21,208 to 1,879,665 on Tuesday. On Monday, the total number of cases had risen by 21,287. On Tuesday 26 th May, a total of 19,185 new cases had been reported. For the Japanese Yen May’s finalized service sector PMI came in at 26.5, which was up from an April 21.5 and a prelim 25.3. The Japanese Yen moved from ¥108.719 to ¥108.742 upon release of the figures. At the time of writing, the Japanese Yen was up by 0.10% to ¥108.57 against the U.S Dollar. For the Aussie Dollar It was a busy morning for the Aussie Dollar, with housing sector data for April in focus along with May’s service sector PMI. The headline, however, was 1 st quarter GDP numbers, which were expected to be quite dire… Story continues Looking at the stats: Building approvals fell by 1.8%, following a 2.6% fall in March, which was far better than a forecasted fall of 15.0%. The services PMI continued to struggle in May. The PMI came in at 26.9, which was up from an April 19.5 and prelim 25.5. In the 1 st quarter, the economy contracted by 0.3%, quarter-on-quarter, following a 0.5% expansion in the 4 th quarter. Economists had forecast a contraction of 0.3%. Year-on-year, the economy grew by 1.4% that was softer than 2.2% in the 4 th quarter. This was also in line with forecasts. This was the slowest through the year growth since Q3 2009. According to the ABS , A number of factors hit the Australian economy, including the bushfires and the effects of the COVID-19 pandemic. Government spending limited the impact, with public demand contributing 0.3 percentage points to GDP. This came from a 1.8% rise in government final consumption expenditure. By contrast, public demand detracted 0.8 percentage points from GDP. This came from a 1.1% slide in household final consumption expenditure. Net trade contributed 0.5 percentage points to GDP. Imports of goods fell 3.9%, with imports of services sliding by 13.6%. Exports of services fell by 12.8%. The Aussie Dollar moved from $0.69680 to $0.69506 upon release of the statement. At the time of writing, the Aussie Dollar up by 0.54% at $0.6934. From China The Caixin Services PMI rose from 44.4 to 55.0 in May. According to the May Caixin Services PMI survey , Business activity and new work rose at the quickest rate since late 2010. It marked the first increase in activity for 4-months. A resumption in business operations and improved client demand led to a first uptick in total new orders since January. The rate of expansion was the sharpest since September 2010 and the historical average. Domestic demand delivered as new export business continued to tumble in May. This weak overseas demand was attributed to the continued lockdown measures in place through much of May. The Aussie Dollar moved from $0.69506 to $0.69449 upon release of the figures. Elsewhere At the time of writing, the Kiwi Dollar was up by 0.63% to $0.6411. The Day Ahead: For the EUR It’s a busy day ahead on the economic calendar . May’s service sector PMIs for Italy and Spain are due out in the early part of the European session. Finalized PMIs from France, Germany, and the Eurozone will also draw attention. We are looking for a services sector rebound to drive hiring and economic recovery. Prior to the coronavirus pandemic, even the ECB had been looking towards services for support. That then brings Germany’s unemployment figures for May into focus. The good news, however, is that the EU has agreed on a bazooka of a recovery plan that could see the markets brush aside the numbers. Dire numbers, however, could test the theory that the recovery will be a swift one to pre-pandemic levels. At the time of writing, the EUR was up by 0.30% to $1.1203. For the Pound It’s a relatively busy day ahead on the economic calendar . May’s finalized services and composite PMIs are due out later this morning. While downward revisions will test the Pound, updates from EU – UK Brexit talks will likely be the key drivers on the day. There was a hint of compromise from the UK government in the earlier part of the week. If that translates into a compromise with the EU on fishing rights then there may be the hope of some kind of blueprint… We have also heard the chatter of a transition period extension that would also be a boost… At the time of writing, the Pound was up by 0.25% to $1.2583. Across the Pond It’s a busy day ahead on the U.S economic calendar. The markets preferred ISM Non-Manufacturing PMI for May and ADP nonfarm employment change figures are due out. We are expecting another slump in nonfarm. We are not expecting weaker ISM PMI numbers, however. A fall in the ISM non-manufacturing PMI from April levels would check the market’s buoyant mood. On the geopolitical front, the markets can’t ignore events in the U.S forever… Trump is heading for the Oval Office exit door at a rapid pace if things don’t change. Or is he? The Dollar Spot Index was down by 0.24% to 97.438 at the time of writing. For the Loonie It’s a busy day ahead on the economic calendar . While economic data is limited to 1 st quarter productivity, the Bank of Canada is delivering its June monetary policy decision. Risk sentiment has picked up and hopes are of an economic rebound that has fueled a rally in oil prices. Will the BoC see it the same way? Expect a more conservative view, though we’re not expecting the Loonie to sink. OPEC Plus chatter and U.S EIA inventory numbers will influence, however. The BoC is fully aware of the risks to crude oil price stability and the impact on the Canadian economy. Some Loonie weakness wouldn’t be a bad thing… At the time of writing, the Loonie was up by 0.11% to C$1.3504 against the U.S Dollar. For a look at all of today’s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: GBP/USD Daily Forecast – Resistance At 1.2650 In Sight BTC/USD – Potential Bearish Momentum Ahead EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 03/06/20 AUD/USD and NZD/USD Fundamental Daily Forecast – Bullish Investors Reacting to Forward-Looking RBA Statement E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – May Be Grinding Toward 26962 Three Great Bullish Occasions With the Euro!... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, fell by 1.02% on Tuesday. Following Monday’s 11.01% breakout, Bitcoin ended the day at $10,932. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,263 before hitting reverse. Falling short of the first major resistance level at $11,634, Bitcoin fell to a late morning intraday low $10,590. Steering clear of the first major support level at $10,200, Bitcoin moved back through to $11,200 levels. A bearish end to the day, however, saw Bitcoin give up the $11,000 handle to end the day in the red. The near-term bullish trend remained intact, supported by the latest run at $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Tuesday. Ethereum joined Bitcoin in the red, with a 1.49% loss. It was a bullish day for the rest of the majors, however. Bitcoin Cash ABC and Cardano’s ADA led the way, with gains of 7.54% and 7.83% respectively. Bitcoin Cash SV (+3.73%), EOS (+5.06%), Litecoin (+4.61%), Monero’s XMR (+3.77%), and Stellar’s Lumen (+3.66%) also found strong support. Binance Coin (+2.27%), Ripple’s XRP (+2.67%), Tezos (+0.47%), and Tron’s TRX (+2.26%) trailed the front runners. At the start of the week, the crypto total market cap rose from a Monday low $285.49bn to a high $335.80bn. At the time of writing, the total market cap stood at $315.11bn. Bitcoin’s dominance rose from a Monday low 62.43% to a Tuesday high 64.57% before easing back. At the time of writing, Bitcoin’s dominance stood at 63.88%. This Morning At the time of writing, Bitcoin was down by 0.06% to $10,925. A mixed start to the day saw Bitcoin rise to an early morning high $10,994 before falling to a low $10,915.6. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Tezos was up by 0.10%, at the time of writing, to buck the trend. Story continues It was a bearish start for the rest of the majors, however. Cardano’s ADA was down by 1.85% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move back through the $10,928 pivot to support a run at the first major resistance level at $11,267. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,200 levels. Barring an extended crypto rally, the first major resistance level and Tuesday’s high $11,263 would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,601. Failure to move back through the $10,928 pivot level would bring the first major support level at $10,594 into play. Barring an extended crypto sell-off, however, Bitcoin should steer well clear of the second major support level at $10,255. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Prediction – Prices Rise to New Highs as Consumer Confidence Tumbles E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Is Bearish Secondary Lower Top Forming? USD/CAD Daily Forecast – Support At 1.3315 Is The Next Important Level Natural Gas Price Prediction – Prices Rise as Tropical Depression 9 Forms Silver Price Forecast – Silver Markets Explode with Volatility Gold Price Forecast – Gold Markets form Massive Candle', 'Bitcoin, BTC to USD, fell by 1.02% on Tuesday. Following Monday’s 11.01% breakout, Bitcoin ended the day at $10,932.\nIt was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,263 before hitting reverse.\nFalling short of the first major resistance level at $11,634, Bitcoin fell to a late morning intraday low $10,590.\nSteering clear of the first major support level at $10,200, Bitcoin moved back through to $11,200 levels.\nA bearish end to the day, however, saw Bitcoin give up the $11,000 handle to end the day in the red.\nThe near-term bullish trend remained intact, supported by the latest run at $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Tuesday.\nEthereum joined Bitcoin in the red, with a 1.49% loss.\nIt was a bullish day for the rest of the majors, however.\nBitcoin Cash ABC and Cardano’s ADA led the way, with gains of 7.54% and 7.83% respectively.\nBitcoin Cash SV (+3.73%), EOS (+5.06%), Litecoin (+4.61%), Monero’s XMR (+3.77%), and Stellar’s Lumen (+3.66%) also found strong support.\nBinance Coin (+2.27%), Ripple’s XRP (+2.67%), Tezos (+0.47%), and Tron’s TRX (+2.26%) trailed the front runners.\nAt the start of the week, the crypto total market cap rose from a Monday low $285.49bn to a high $335.80bn. At the time of writing, the total market cap stood at $315.11bn.\nBitcoin’s dominance rose from a Monday low 62.43% to a Tuesday high 64.57% before easing back. At the time of writing, Bitcoin’s dominance stood at 63.88%.\nAt the time of writing, Bitcoin was down by 0.06% to $10,925. A mixed start to the day saw Bitcoin rise to an early morning high $10,994 before falling to a low $10,915.6.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day. Tezos was up by 0.10%, at the time of writing, to buck the trend.\nIt was a bearish start for the rest of the majors, however.\nCardano’s ADA was down by 1.85% to lead the way down.\nBitcoin would need to move back through the $10,928 pivot to support a run at the first major resistance level at $11,267.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $11,200 levels.\nBarring an extended crypto rally, the first major resistance level and Tuesday’s high $11,263 would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,601.\nFailure to move back through the $10,928 pivot level would bring the first major support level at $10,594 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer well clear of the second major support level at $10,255.\nThisarticlewas originally posted on FX Empire\n• Gold Price Prediction – Prices Rise to New Highs as Consumer Confidence Tumbles\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Is Bearish Secondary Lower Top Forming?\n• USD/CAD Daily Forecast – Support At 1.3315 Is The Next Important Level\n• Natural Gas Price Prediction – Prices Rise as Tropical Depression 9 Forms\n• Silver Price Forecast – Silver Markets Explode with Volatility\n• Gold Price Forecast – Gold Markets form Massive Candle', "Convincing the U.S. Securities and Exchange Commission (SEC) that the Ethereum blockchain is an acceptable medium to store regulated investment funds was no easy task for Mason Borda of Tokensoft. The CEO of this Bay Area tokenization firm spent over two years crusading for a peer-to-peer tradable fund. Borda developed compliance-appeasing token standards, hired regulatory veterans to lead his transfer agent subsidiaries and even moved Tokensoft into the same San Francisco high-rise as the SEC\x92s West Coast enforcement wing (albeit on a different floor). The effort paid off earlier this month: In early July, the SEC granted a notice of effectiveness to ArCoin, a cryptographically-traded U.S. Treasury Fund pursued by digital asset manager Arca Labs and designed by Tokensoft. It\x92s the first Ethereum blockchain-native investment fund registered under the Investment Company Act of 1940 (a so-called \x9140 Act Fund ). Related: Arca's Flagship Crypto Hedge Fund is Up 77% in 2020 Read more: Arca Labs Launches Ethereum-Based SEC-Registered Fund ArCoin\x92s registration marks a shift in the regulator\x92s tolerance for public blockchain investment vehicles, Borda said. He and Arca CEO Rayne Steinberg both said ArCoins could light the way for future offerings with similarly decentralized structures. But regulatory filings capture just how hard-fought first that victory was. Long road Arca signaled its earliest interest in offering a U.S Treasury Fund in an SEC filing from November 2018. Over the next 605 days, it filed volleys of prospectus amendments as nearly 10 different evolutions of what would eventually become ArCoins repeatedly hit a regulatory wall. Related: SEC, CFTC Hit Crypto App Abra With $300K in Penalties Over Illegal Swaps Steinberg said there was no guarantee his firm\x92s costly regulatory campaign would ultimately prevail. Tokensoft signed on as Arca\x92s tokenization specialist in July 2019, Borda told CoinDesk. Even then, a full year passed before ArCoin finally cleared that regulatory wall. Story continues \x93This took a lot of backchanneling with the SEC,\x94 Borda said. 10 floors apart Borda said one benefit of running a compliance-focused tokenization firm from his high-rise in San Francisco\x92s Financial District is that SEC regulators asking questions about his proposals are just an elevator ride away. \x93There was a case where I received a call the night before to do a presentation in the morning because the Crypto Czar was in town,\x94 Borda said, explaining office proximity (Tokensoft is on floor 38, the SEC is on floor 28) made \x93meetings a lot more accessible.\x94 That can be handy when meeting topics are as potentially contentious and fraught as the marriage of public blockchains and regulated investment vehicles. The SEC has been reticent to approve crypto-tied proposals before, perhaps most visibly in its ongoing denial of a bitcoin ETF. Read more: What to Make of the SEC\x92s Latest Bitcoin ETF Rejection The particulars behind one crypto project\x92s failure before the SEC and another\x92s success are not interchangeable. For example, ArCoins do not represent an investment in the Ethereum blockchain, only a product (U.S. Treasurys) whose vehicle is traded on that blockchain. But Borda said a major obstacle in pushing through a tokenized \x9140 Act Fund wer **Last 60 Days of Bitcoin's Closing Prices:** [9700.41, 9461.06, 10167.27, 9529.80, 9656.72, 9800.64, 9665.53, 9653.68, 9758.85, 9771.49, 9795.70, 9870.09, 9321.78, 9480.84, 9475.28, 9386.79, 9450.70, 9538.02, 9480.25, 9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-07-29 **Financial & Commodity Data:** - Gold Closing Price: $1953.50 - Crude Oil Closing Price: $41.27 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $201,506,362,631 - Hash Rate: 123949530.886168 - Transaction Count: 346521.0 - Unique Addresses: 717842.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.71 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: There’s no end in sight to loose monetary policy at the Federal Reserve, and that’s just fine with bitcoin bulls. Officials with the U.S. central bank, led by Fed Chair Jerome Powell, said Wednesday the economy is encountering such a drastic toll from the coronavirus that joblessness is expected to remain elevated for at least three years. You’re reading First Mover , CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you don’t have to. You can subscribe here . That means Fed officials expect to keep interest rates close to zero through 2022, while pumping at least $120 billion a month of freshly created money into the financial system for the foreseeable future. The officials said they see little chance of runaway inflation in the near future because the economic downturn has harshly crimped consumer demand and high unemployment is eliminating any upward pressure on wages. Prices for bitcoin, seen by many investors as a hedge against inflation, rose on the news , as cryptocurrency analysts said the longer the central bank sticks to its loose-money stance, the higher the chances of inflation down the road. “We can be quite assured that the printing presses aren’t getting any rest tonight, nor any night for quite a while to come,” Mati Greenspan, founder of the foreign-exchange and cryptocurrency research firm Quantum Economics, told subscribers in an email. Related: First Mover: Fed Sees No Inflation Through 2021, but Bitcoiners Are Betting on It Anyway Just this year, the Federal Reserve has already expanded its balance sheet by about $3 trillion to a total of $7.2 trillion. And Kevin Kelly, co-founder at the analysis firm Delphi Digital, told First Mover in a Telegram message the dismal economic outlook means governments may have to pump in more fiscal stimulus to jumpstart growth. The U.S. Congressional Budget Office forecasts the federal government’s budget deficit will hit $3.7 trillion this year, more than double the previous record shortfall of $1.4 trillion in 2009. Story continues “Such a backdrop is clearly conducive for hedges against currency debasement,” Kelly said. Scott Bambacigno, a vice president at crypto exchange software provider AlphaPoint, told CoinDesk’s Daniel Cawrey that “ the Fed can print money but they cannot print jobs .” “Assets like gold and bitcoin should do well if the economy continues in this direction,” he said. Bitcoin prices have surged 36% this year, partly on expectations the largest cryptocurrency by market value might serve as a hedge against inflation. Economists including Steve Hanke of Johns Hopkins University have written that hyperinflation episodes in Zimbabwe, revolutionary France, and elsewhere, have historically occurred when “ when the supply of money had no natural constraints .” So far, inflation has remained muted. Rising unemployment damps wage growth and consumer demand, reducing upward pressure on prices for goods and services. “We’re not even thinking about thinking about raising rates,” Powell said Wednesday, in a televised conference. A summary of economic projections released Wednesday by the Fed show that top officials at the central bank expect U.S. inflation to stay below the 2% target for the next three years. Prices for personal consumption expenditures are expected to climb just 1% this year, down from a December projection of 1.9%, according to the document. Inflation will average 1.5% next year and 1.7% in 2022, the officials projected. As reported earlier this week in First Mover , bond traders also see little threat of inflation anytime soon. And data released Wednesday reinforced the reality that, for the moment, inflation is nowhere to be found. The U.S. Labor Department said Wednesday that another closely followed inflation gauge, the consumer price index , or CPI, climbed just 0.1% over the past 12 months, partly due to this year’s collapse in oil and other energy-related costs. Excluding food and energy items, the so-called core CPI climbed 1.2% over the past year, less than half the rate of just a few months ago. It was the weakest core inflation readings since 2011, according to Scott Anderson, chief economist at the French bank BNP Paribas’ Bank of the West unit. “Our forecast is for core consumer price inflation to continue to moderate year-on-year into early 2021 before turning the corner on reviving growth,” he said in an email Wednesday. But David Hendler, principal with the bank-analysis firm Viola Risk Advisors, says it’s just a matter of time. “There’s huge inflation ahead,” Hendler said in a phone interview. “It’s only offset because there’s so many people not working. As people go back to work, there will be all this money sloshing around.” Greg Cipolaro, co-founder of the analysis firm Digital Asset Research, says bitcoin’s allure as a potential hedge against inflation dovetails with increasing interest in cryptocurrencies among institutional investors. The money-management giant Fidelity Investments said Tuesday that, in a survey of almost 800 financial advisors, pension funds, family wealth-management offices and other institutional investors, a majority responded that digital assets “ have a place in their investment portfolio .” And on Wednesday, the bitcoin-futures exchange Bakkt and cryptocurrency trading firm Galaxy Digital said they were collaborating to provide a trading and custody solution for big investors. If inflation is coming, now might be the time to hedge against it. “Predicting the timing of inflation is very difficult,” Cipolaro said in a phone interview. “That’s still a wild card.” Tweet of the day Bitcoin watch BTC : Price: $9,805 ( BPI ) | 24-Hr High: $9,980 | 24-Hr Low: $9,724 Trend : Bitcoin is flashing red, having failed to overcome key resistance at $10,000 on Wednesday, despite the U.S. Federal Reserve pledge to keep interest rates at record lows through 2022. Right now, the top cryptocurrency by market value is trading just under $9,800, representing a 1% decline on the day. Prices rose 1.2% on Wednesday but, again, failed to close above the $10,000 mark. Over the last five months, the cryptocurrency has faced multiple rejections in the $10,000 to $10,500 range. Analysts are citing the February high of $10,500 as the level bulls need to beat. Once that level has been crossed, the focus could shift to resistances lined up at $10,950 (the September 2019 high) and $12,325 (the August 2019 high). Indeed, the relentless slide in the number of bitcoins held on exchanges indicates investors remain confident about the prospects of a continued movement upward. The macro environment also supports bullish price action. The combination of increased monetary and fiscal stimulus is widely expected to boost inflation and hedging demand for bitcoin. Just last month, high-profile trader Paul Tudor Jones II said he held 1%-2% of his assets in bitcoin, citing it as a new hedge against inflation. However, resistance at $10,000 has remained intact for far too long – quick progress will be needed else traders might start to sell. If that happens, the market could test dip demand with a notable drop to $9,000. If that’s breached, the higher low – the next support level – at $8,630, which was only created on May 27, will likely be tested again. Related Stories Fed Officials See Anemic Inflation Despite Trillion-Dollar Money Injections First Mover: Bitcoin Bulls Might Get Negative Rates From Central Banks, Just Not the Fed... - Reddit Posts (Sample): [['u/steve_m0', 'D R I F T . . . .', 20, '2020-07-29 04:44', 'https://www.reddit.com/r/btc/comments/hzsmux/d_r_i_f_t/', 'I have searched, never read even a mediocre reason for drift. \n\nOnly thing I could dream up is that someone is trying to get btc to have a reward change Before BCH.\n\nMaybe I am missing this, but wt#? Why the push? There has to be ulterior motives? I see absolutely ZERO benefits. Why waste any heartbeats on this?\n\n1. Has the community asked for this?\n2. Have users asked for this? \n3. Have Exchanges asked for this?\n4. Have miners asked for this?\n5. Has SLP asked for this?\n6. Does Avalanche need this?\n7. Was this on the BCH roadmap?\n8. Do BCH Smart contracts need this?\n?????\n\nEdit: Lots of discussion in this reddit about a split, split is bad. I would rather see us add this circlejerk to the upgrade than see a split.\n\nI worry this DRIFT stuff is about exactly that: creating a split.\n\nMaybe I am being harsh, I dont intend to. I know everything seems easy unless you are the one doing all the work. Not being critical of those doing all the work, just wanting to see some justification for drift. (Or drop it)\n\nAnd btw, what is the rush? The edaa has went thru 4-5 upgrades with No discussion.', 'https://www.reddit.com/r/btc/comments/hzsmux/d_r_i_f_t/', 'hzsmux', [['u/steve_m0', 15, '2020-07-29 05:27', 'https://www.reddit.com/r/btc/comments/hzsmux/d_r_i_f_t/fzl3dwv/', 'Something does not pass the sniff test?\nAsk questions?\n\nAnswer: "your a troll"', 'hzsmux']]], ['u/ImCarryGG', "[Q] any ~750$ item that didn't explode in price and is stable?", 12, '2020-07-29 05:51', 'https://www.reddit.com/r/csgomarketforum/comments/hztmdy/q_any_750_item_that_didnt_explode_in_price_and_is/', 'So yea sold everything and want to buy a glove, knife any thing to maybe cashout or maybe keep it as investment\n\nAlso is there a better site to cash out than skins.cash?(prefer to btc with low commission and highly rated)\nTy guys and have wonderful gains!', 'https://www.reddit.com/r/csgomarketforum/comments/hztmdy/q_any_750_item_that_didnt_explode_in_price_and_is/', 'hztmdy', [['u/Halvv', 14, '2020-07-29 10:13', 'https://www.reddit.com/r/csgomarketforum/comments/hztmdy/q_any_750_item_that_didnt_explode_in_price_and_is/fzlot7d/', "St Fn Awp containment breach, also has the chance of slowly rising cuz discontinued case which doubled in price while the awp basically din't rise at all.", 'hztmdy']]], ['u/AutoModerator', '[Daily Discussion] Wednesday, July 29, 2020', 55, '2020-07-29 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n**Other ways to interact:**\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/', 'hztta5', [['u/keenumsbigballs', 27, '2020-07-29 07:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlcywj/', "If I remember anything from 2017 its that move ups happen suddenly. You could wait for days in a price channel and start to doubt your position then it just pumps and we're at a whole new price channel.", 'hztta5'], ['u/matteroll', 15, '2020-07-29 07:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzle0f2/', "It looks like it's going to be another golden cross on the hourly 🤔", 'hztta5'], ['u/biggunsg0b00m', 20, '2020-07-29 07:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlf476/', "I can't even remember what i had for breakfast", 'hztta5'], ['u/Gamm86', 10, '2020-07-29 07:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlfgsx/', 'StochRSI was reset on the 4H chart.\n\nStill high on the daily but history has shown us it can stay this high for several days in a row.\n\nThis run is most likely not done yet.', 'hztta5'], ['u/intertron', 11, '2020-07-29 08:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlhe5e/', 'Daily gilded, prepare for takeoff.', 'hztta5'], ['u/Buckyboycoin', 10, '2020-07-29 08:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlhgh6/', 'Anyway. 11.2 and 12.5 are the next we focus on', 'hztta5'], ['u/Tao_Jonez', 13, '2020-07-29 09:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlm0mr/', "The economic conditions that inspired the creation of Bitcoin in 2009 are still with us, and have only gotten worse. The debt-based fiat money system is going to implode; exactly how and when, we don't know. But Bitcoin is going to party all the way to a new ATH.", 'hztta5'], ['u/cryptokeeper1981', 33, '2020-07-29 09:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlmq68/', 'I just recieved an email from ledger warning of a database breach. User names and addresses were exposed. This is not something nice to read:', 'hztta5'], ['u/HanumanTheHumane', 17, '2020-07-29 09:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlmrss/', 'Resistance was 10500, not 10k. We retested it yesterday.', 'hztta5'], ['u/33virtues', 11, '2020-07-29 10:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzloofc/', 'I care a lot. Will never buy another Ledger product after this.', 'hztta5'], ['u/CirclejerkBitcoiner', 11, '2020-07-29 10:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzloy4g/', "Seems like it's retards hour in here. Unfortunately this is huge and leaves a very bad taste in my mouth. For now i can still hope i'm not in the affected subset of customer data.", 'hztta5'], ['u/cryptokeeper1981', 13, '2020-07-29 11:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlsg7s/', 'It does...', 'hztta5'], ['u/throw39284725', 17, '2020-07-29 11:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlt4ru/', "You're naive if you still believe Tether is pumping this market without actual funds inflow. \n\nWhy is it so hard to imagine that there is actual USD demand for Tether?", 'hztta5'], ['u/aeronbuchanan', 18, '2020-07-29 11:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlt6ei/', 'Given that a huge proportion of fiat on-ramps involve tether, why is it so hard to believe that this minting is simply a measure of fiat in-flow to crypto markets? There is no need to resort to massive conspiracy theory pump-n-dump price manipulation ideas to explain tether minting. This "manipulation" is actually the very crypto demand most in the ecosystem crave.', 'hztta5'], ['u/amiblue333', 12, '2020-07-29 12:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlw07i/', 'More Tether @whale_alert: 💵 💵 💵 💵 💵 💵 💵 💵 💵 💵 300,000,000 #USDT (299,651,480 USD) minted at Tether Treasury', 'hztta5'], ['u/aeronbuchanan', 12, '2020-07-29 12:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzly2wi/', '> pump n dump loop ..\n> hf & keep on wondering\n> edit: basically this sums it up imho:\n\nYou did more than just "point it out" - you equated it to a unicorn shitting rainbow poo and suggested that it\'s all some pump-n-dump conspiracy. That\'s what you got down voted for. FWIW I didn\'t downvote you.', 'hztta5'], ['u/aeronbuchanan', 18, '2020-07-29 12:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzly9hi/', 'Given that tether is a major part of fiat on-ramps, it\'s more than likely that tether minting is actually just a real signal of the "organic demand" you referred to. No need for any complicated conspiracy theory explanations.', 'hztta5'], ['u/GrossBit', 11, '2020-07-29 13:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlyyvp/', 'Excellent method for losing your btc', 'hztta5'], ['u/Danny_Lunchbox', 16, '2020-07-29 14:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzm35iz/', 'BTC = $ 11111\n\nMake a wish...', 'hztta5'], ['u/CryptoDaSupaDawg', 15, '2020-07-29 14:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzm3bfk/', "I wish that had at least three more 1's.", 'hztta5'], ['u/Longlang', 33, '2020-07-29 14:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzm3sov/',... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['It’s was a busier start to the day on theeconomic calendar. The Kiwi Dollar and the Japanese Yen were in action in the early part of the day.\nAway from the economic calendar, COVID-19 and the U.S stimulus package remained in focus following the FED’s overnight monetary policy decision.\nAccording to figures at the time of writing, thenumber of new coronavirus casesrose by 287,638 to 17,171,292 on Wednesday. On Tuesday, the number of new cases had risen by 241,391. The daily increase was higher than Tuesday’s rise while down from 288,688 new cases from the previous Wednesday.\nGermany, Italy, and Spain reported 3,179 new cases on Wednesday, which was up from 2,602 new cases on Tuesday. On the previous Wednesday, 2,217 new cases had been reported.\nFrom the U.S, the total number of cases rose by 69,828 to 4,498,209 on Wednesday. On Tuesday, the total number of cases had increased by 64,799. On Wednesday, 22ndJuly, a total of 72,306 new cases had been reported.\nBuilding consents and July business confidence figures provided the Kiwi Dollar with direction early on.\nAccording toNZ Stats, building consents rose by 0.50% in June, following a 41.7% jump in May. While up marginally for the month, consents were up by close to 20% from June 2019.\nThe Kiwi Dollar moved from $0.66681 to $0.66657 upon release of the data.\nIn July, the ANZ Business Confidence Index rose from -34.4 to -31.8.\nAccording to the latestANZ Report,\n• A net 9% of firms expect weaker economic activity in their own business, rising from -26% in June.\n• The retail sector drove the recovery, while the agriculture sector was the most negative.\n• 31% of firms say they intend to lay off staff, and 24% say they have less staff than a year ago.\nThe Kiwi Dollar moved from $0.66649 to $0.66570 upon release of the figures. At the time of writing, theKiwi Dollardown by 0.18% to $0.6657.\nAccording to theMinistry of Economy, Trade, and Industry, retail sales fell by 1.20%. Economists had forecast a 6.50% slide. In May retail sales had tumbled by 12.3% in May, year-on-year.\nThe Japanese Yen moved from ¥105.012 to ¥105.008 upon release of the figures. At the time of writing, theJapanese Yenwas down by 0.14% to ¥105.07 against the U.S Dollar.\nAt the time of writing, theAussie Dollarwas up by 0.18% to $0.7175.\nIt’s a busy day ahead on theeconomic calendar. Key stats include 2ndquarter GDP and July unemployment figures from Germany.\nThe Eurozone’s unemployment rate and German prelim July inflation figures for July are also due out. The numbers will likely have a muted impact on the EUR.\nExpect the GDP and July unemployment figures to be the key driver, along with COVID-19 news and U.S stimulus package updates.\nAt the time of writing, theEURwas down 0.17% to $1.1772.\nIt’s yet another particularly quiet day ahead on theeconomic calendar. There are no material stats due out of the UK to provide the Pound with direction.\nA lack of stats will continue to leave the Pound in the hands of Brexit and market risk sentiment.\nAt the time of writing, thePoundwas down by 0.13% to $1.2980.\nIt’s another relatively busy day ahead for the U.S Dollar. 2ndquarter GDP and weekly initial jobless claims figures are due out.\nWhile we can expect influence from the GDP numbers, the weekly jobless claims could garner more attention. Another rise in claims will test the market’s resolve.\nAway from the calendar, the U.S stimulus package and COVID-19 will remain in focus.\nAt the time of writing, theDollar Spot Indexwas down by 0.10% to 93.357.\nIt’s another particularly quiet day ahead on the economic calendar. There are no material stats due out of Canada to provide the Loonie with direction.\nA lack of stats will leave the Loonie in the hands of market risk sentiment that will be driven by geopolitics and COVID-19.\nAt the time of writing, theLooniewas down by 0.05% to C$1.3346 against the U.S Dollar.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• The Crypto Daily – The Movers and Shakers – July 30th, 2020\n• S&P 500 Price Forecast – Stock Markets Continue to Climb in General\n• Crude Oil Price Forecast – Crude Oil Markets Continue Sideways March\n• Trump, the Polls, and that Glimmer of Hope\n• Is it a Good Time to Buy Bitcoin?\n• Technical Patterns, Future Expectations and More – Part II', 'Earlier in the Day: It’s was a busier start to the day on the economic calendar . The Kiwi Dollar and the Japanese Yen were in action in the early part of the day. Away from the economic calendar, COVID-19 and the U.S stimulus package remained in focus following the FED’s overnight monetary policy decision. Looking at the latest coronavirus numbers According to figures at the time of writing, the number of new coronavirus cases rose by 287,638 to 17,171,292 on Wednesday. On Tuesday, the number of new cases had risen by 241,391. The daily increase was higher than Tuesday’s rise while down from 288,688 new cases from the previous Wednesday. Germany, Italy, and Spain reported 3,179 new cases on Wednesday, which was up from 2,602 new cases on Tuesday. On the previous Wednesday, 2,217 new cases had been reported. From the U.S, the total number of cases rose by 69,828 to 4,498,209 on Wednesday. On Tuesday, the total number of cases had increased by 64,799. On Wednesday, 22 nd July, a total of 72,306 new cases had been reported. For the Kiwi Dollar Building consents and July business confidence figures provided the Kiwi Dollar with direction early on. According to NZ Stats , building consents rose by 0.50% in June, following a 41.7% jump in May. While up marginally for the month, consents were up by close to 20% from June 2019. The Kiwi Dollar moved from $0.66681 to $0.66657 upon release of the data. In July, the ANZ Business Confidence Index rose from -34.4 to -31.8. According to the latest ANZ Report , A net 9% of firms expect weaker economic activity in their own business, rising from -26% in June. The retail sector drove the recovery, while the agriculture sector was the most negative. 31% of firms say they intend to lay off staff, and 24% say they have less staff than a year ago. The Kiwi Dollar moved from $0.66649 to $0.66570 upon release of the figures. At the time of writing, the Kiwi Dollar down by 0.18% to $0.6657. Story continues For the Japanese Yen According to the Ministry of Economy, Trade, and Industry , retail sales fell by 1.20%. Economists had forecast a 6.50% slide. In May retail sales had tumbled by 12.3% in May, year-on-year. The Japanese Yen moved from ¥105.012 to ¥105.008 upon release of the figures. At the time of writing, the Japanese Yen was down by 0.14% to ¥105.07 against the U.S Dollar. Elsewhere At the time of writing, the Aussie Dollar was up by 0.18% to $0.7175. The Day Ahead: For the EUR It’s a busy day ahead on the economic calendar . Key stats include 2 nd quarter GDP and July unemployment figures from Germany. The Eurozone’s unemployment rate and German prelim July inflation figures for July are also due out. The numbers will likely have a muted impact on the EUR. Expect the GDP and July unemployment figures to be the key driver, along with COVID-19 news and U.S stimulus package updates. At the time of writing, the EUR was down 0.17% to $1.1772. For the Pound It’s yet another particularly quiet day ahead on the economic calendar . There are no material stats due out of the UK to provide the Pound with direction. A lack of stats will continue to leave the Pound in the hands of Brexit and market risk sentiment. At the time of writing, the Pound was down by 0.13% to $1.2980. Across the Pond It’s another relatively busy day ahead for the U.S Dollar. 2 nd quarter GDP and weekly initial jobless claims figures are due out. While we can expect influence from the GDP numbers, the weekly jobless claims could garner more attention. Another rise in claims will test the market’s resolve. Away from the calendar, the U.S stimulus package and COVID-19 will remain in focus. At the time of writing, the Dollar Spot Index was down by 0.10% to 93.357. For the Loonie It’s another particularly quiet day ahead on the economic calendar. There are no material stats due out of Canada to provide the Loonie with direction. A lack of stats will leave the Loonie in the hands of market risk sentiment that will be driven by geopolitics and COVID-19. At the time of writing, the Loonie was down by 0.05% to C$1.3346 against the U.S Dollar. For a look at all of today’s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – The Movers and Shakers – July 30th, 2020 S&P 500 Price Forecast – Stock Markets Continue to Climb in General Crude Oil Price Forecast – Crude Oil Markets Continue Sideways March Trump, the Polls, and that Glimmer of Hope Is it a Good Time to Buy Bitcoin? Technical Patterns, Future Expectations and More – Part II', 'The swing trade took one month to play out and we had to sit through a lot of noise, but the price structure never turned bearish, even though it appeared questionable at times.\nThe question everyone is asking: now a good time to buy? And in terms of our long-only swing trade strategy, the answer is NO. Why not? It looks strong now? The risk of retrace after such a move is very high. This is NOT a location that offers attractive reward/risk, even though price appears to be pushing higher.\nNow that we are out of our position, we WAIT for the next long setup and this begins with first anticipating an inflection point. At the moment, that point is the 10,400 area. This is the previous range resistance, which is now likely to act as a new support. IF price can retrace to this area, and produce a setup, we will be prompted to share a new swing trade idea. It may find support sooner, but only price action can provide the evidence and there is nothing at the moment except for vertical candles.\nThis is **Last 60 Days of Bitcoin's Closing Prices:** [9461.06, 10167.27, 9529.80, 9656.72, 9800.64, 9665.53, 9653.68, 9758.85, 9771.49, 9795.70, 9870.09, 9321.78, 9480.84, 9475.28, 9386.79, 9450.70, 9538.02, 9480.25, 9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-07-30 **Financial & Commodity Data:** - Gold Closing Price: $1942.30 - Crude Oil Closing Price: $39.92 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $201,506,362,631 - Hash Rate: 113062072.092113 - Transaction Count: 327789.0 - Unique Addresses: 689993.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.76 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: In this audio interview, CoinDesk’s Leigh Cuen and adult content creator Allie Awesome talk about payments and money in the sex industry, especially the trends impacted by the coronavirus crisis. For daily insights and unique perspectives listen or subscribe to the CoinDesk Podcast Network with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , IHeartRadio or RSS . This episode is sponsored by Bitstamp and Ciphertrace . From how porn performers and entrepreneurs deal with Bitcoin Twitter to the ways the pandemic changed our digital sex lives, Cuen and Allie explore what actually drives demand for censorship-resistant systems. The biggest problem? Allie and other performers and sex workers basically have their digital advertising and distribution platforms controlled by third parties that aren’t responsible to the workers. For example, OnlyFans briefly froze Allie’s account earlier this year. Although she regained access, her distribution conduits remain at the mercy of tech platforms. This is where peer-to-peer transactions come in. Allie said she knows how to use a cryptocurrency wallet and would gladly do so if more customers wanted to pay her directly. The fact is, those customers are few and far between. “To those people who want to come up with a solution, my first question is: Well, are you paying for porn?” she said. “I think a lot of people want to make money off of ‘adult’, but they aren’t really willing to invest in ‘adult.’” Related: How the Porn Industry Changed During Coronavirus, With Performers Wary of Bitcoin See also: Why Lightning Payments Aren’t Clicking for Porn Companies (Just Yet) Another major issue, according to Allie, is an increase in traffic or visibility doesn’t always translate to profits. Plus, many crypto fans see her industry as something they want to profit from, by building their own tech solutions rather than contribute to experienced performers. Story continues Compared to other bitcoin or ether holders, sex workers are even more likely to rely on social networks like Twitter than exchanges like Coinbase, which de-platforms them just like PayPal. Performers require either a high degree of technical skill, to use decentralized exchange (DEX) platforms like Bisq , or a de facto social liquidity network in order to use cryptocurrency without trusting third parties. Allie shares why she is excited about cryptocurrency, even if it’s a challenge to use it for censorship resistance. For daily insights and unique perspectives listen or subscribe to the CoinDesk Podcast Network with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , IHeartRadio or RSS . Related Stories JPMorgan Analysts: Bitcoin Is Likely to Survive (as a Speculative Asset) Bootstrapping Mobile Mesh Networks With Bitcoin Lightning... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 0.05% on Thursday. Following on from a 1.70% gain on Wednesday, Bitcoin ended the day at $11,123.0.\nA bearish start to the day saw Bitcoin fall to an early afternoon intraday low $10,855.8 before making a move.\nFinding support at the first major support level at $10,852, Bitcoin rose to a late high $11,186.1.\nFalling well short of the first major resistance level at $11,380, Bitcoin fell back to sub-$11,100 levels and into the red.\nFinding late support, however, Bitcoin move struck a final hour intraday high $11,188 before easing back.\nIn spite of the pullback, Bitcoin closed out the day in the green.\nThe near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bullish day on Thursday.\nEthereum rallied by 5.39% to lead the way.\nBitcoin Cash ABC (+2.43%), Bitcoin Cash SV (+1.52%), Litecoin (+2.92%), Monero’s XMR (+2.58%), and Stellar’s Lumen (+1.72%) also found strong support.\nBinance Coin (+0.55%), Cardano’s ADA (+0.62%), EOS (+0.90%), Ripple’s XRP (+0.36%), Tezos (+0.90%), and Tron’s TRX (+0.32%) tailed the front runners.\nIn the current week, the crypto total market cap rose from a Monday low $285.49bn to a Monday high $335.81bn. At the time of writing, the total market cap stood at $321.79bn.\nBitcoin’s dominance rose from a Monday low 62.43% to a Tuesday high 64.57% before easing back. At the time of writing, Bitcoin’s dominance stood at 63.58.\nAt the time of writing, Bitcoin was down by 0.16% to $11,105.0. A mixed start to the day saw Bitcoin rise to an early morning high $11,149.3 before falling to a low $11,100.3.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBinance Coin (+0.51%), Monero’s XMR (+0.22%), and Tezos (+0.01%) bucked the trend early on.\nIt was a bearish start for the rest of the majors, with Bitcoin Cash SV down by 0.58% to lead the way down.\nBitcoin would need to avoid a fall through the $11,056 pivot to support a run at the first major resistance level at $11,255.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Thursday’s high $11,189.2.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,388.\nFailure to avoid a fall through the $11,056 pivot level would bring the first major support level at $10,923 into play.\nBarring an extended crypto sell-off, however, Bitcoin should continue to steer clear of sub-$10,800 levels and the second major support level at $10,723.\nThisarticlewas originally posted on FX Empire\n• S&P 500 Price Forecast – Stock Market Pulls Back to Support\n• European Equities: Economic Data, Earnings, and U.S Stimulus in Focus\n• Natural Gas Price Prediction – Prices Drop Following Inventory Report\n• E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 3238.00, Weakens Under 3194.75\n• USD/CAD Daily Forecast – Canadian Dollar Loses Ground As WTI Oil Dips Below $40\n• Crude Oil Price Forecast – Crude Oil Markets Selloff', 'Bitcoin, BTC to USD, rose by 0.05% on Thursday. Following on from a 1.70% gain on Wednesday, Bitcoin ended the day at $11,123.0. A bearish start to the day saw Bitcoin fall to an early afternoon intraday low $10,855.8 before making a move. Finding support at the first major support level at $10,852, Bitcoin rose to a late high $11,186.1. Falling well short of the first major resistance level at $11,380, Bitcoin fell back to sub-$11,100 levels and into the red. Finding late support, however, Bitcoin move struck a final hour intraday high $11,188 before easing back. In spite of the pullback, Bitcoin closed out the day in the green. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Thursday. Ethereum rallied by 5.39% to lead the way. Bitcoin Cash ABC (+2.43%), Bitcoin Cash SV (+1.52%), Litecoin (+2.92%), Monero’s XMR (+2.58%), and Stellar’s Lumen (+1.72%) also found strong support. Binance Coin (+0.55%), Cardano’s ADA (+0.62%), EOS (+0.90%), Ripple’s XRP (+0.36%), Tezos (+0.90%), and Tron’s TRX (+0.32%) tailed the front runners. In the current week, the crypto total market cap rose from a Monday low $285.49bn to a Monday high $335.81bn. At the time of writing, the total market cap stood at $321.79bn. Bitcoin’s dominance rose from a Monday low 62.43% to a Tuesday high 64.57% before easing back. At the time of writing, Bitcoin’s dominance stood at 63.58. This Morning At the time of writing, Bitcoin was down by 0.16% to $11,105.0. A mixed start to the day saw Bitcoin rise to an early morning high $11,149.3 before falling to a low $11,100.3. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin (+0.51%), Monero’s XMR (+0.22%), and Tezos (+0.01%) bucked the trend early on. Story continues It was a bearish start for the rest of the majors, with Bitcoin Cash SV down by 0.58% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $11,056 pivot to support a run at the first major resistance level at $11,255. Support from the broader market would be needed, however, for Bitcoin to break out from Thursday’s high $11,189.2. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,388. Failure to avoid a fall through the $11,056 pivot level would bring the first major support level at $10,923 into play. Barring an extended crypto sell-off, however, Bitcoin should continue to steer clear of sub-$10,800 levels and the second major support level at $10,723. This article was originally posted on FX Empire More From FXEMPIRE: S&P 500 Price Forecast – Stock Market Pulls Back to Support European Equities: Economic Data, Earnings, and U.S Stimulus in Focus Natural Gas Price Prediction – Prices Drop Following Inventory Report E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 3238.00, Weakens Under 3194.75 USD/CAD Daily Forecast – Canadian Dollar Loses Ground As WTI Oil Dips Below $40 Crude Oil Price Forecast – Crude Oil Markets Selloff', '(Bloomberg) -- Twitter Inc. revealed additional details about the highest-profile security breach in its history, confirming that hackers gained entry to its computer systems by reaching out to employees on their phones. In an update on its internal investigation, Twitter said the July 15 incident targeted employees using a phone spear phishing attack. By misleading workers and exploiting human vulnerabilities, the hackers were able to obtain credentials and access 130 accounts. Forty-five of those put out tweets -- including from the accounts of Barack Obama, Elon Musk and Bill Gates touting a Bitcoin scam -- and seven of them had their full set of Twitter data downloaded. Twitter had previously indicated that eight accounts had their data downloaded. Read more: Twitter’s Security Woes Included Broad Access to User Accounts Bloomberg News reported this week that the attackers contacted at least one Twitter employee over the phone in an attempt to gain access to user-support tools. The company required employees to take an online security training course last week, which covered a number of phishing techniques including phone calls, people familiar with the matter said. The company continues to operate with “significantly limited access” to its internal tools and systems as a precautionary measure two weeks after the hack, the company said. “Until we can safely resume normal operations, our response times to some support needs and reports will be slower,” the company said in a series of update tweets. “We’re accelerating several of our pre-existing security workstreams and improvements to our tools.” As the U.S. president’s go-to social media platform, Twitter bears additional responsibility for ensuring that its security protocols are robust. While Donald Trump’s account was not among those compromised in the July hack, his Democratic opponent in the upcoming November election, former vice president Joe Biden, was. Twitter’s latest communication acknowledges “how important each person on our team is in protecting our service. We take that responsibility seriously and everyone at Twitter is committed to keeping your information safe.” Story continues For more articles like this, please visit us at bloomberg.com Subscribe now to stay ahead with the most trusted business news source. ©2020 Bloomberg L.P.', '(Bloomberg) -- Twitter Inc. revealed additional details about the highest-profile security breach in its history, confirming that hackers gained entry to its computer systems by reaching out to employees on their phones.\nIn an update on its internal investigation, Twitter said the July 15 incident targeted employees using a phone spear phishing attack. By misleading workers and exploiting human vulnerabilities, the hackers were able to obtain credentials and access 130 accounts.\nForty-five of those put out tweets -- including from the accounts of Barack Obama, Elon Musk and Bill Gates touting a Bitcoin scam -- and seven of them had their full set of Twitter data downloaded. Twitter had previously indicated that eight accounts had their data downloaded.\nRead more: Twitter’s Security Woes Included Broad Access to User Accounts\nBloomberg News reported this week that the attackers contacted at least one Twitter employee over the phone in an attempt to **Last 60 Days of Bitcoin's Closing Prices:** [10167.27, 9529.80, 9656.72, 9800.64, 9665.53, 9653.68, 9758.85, 9771.49, 9795.70, 9870.09, 9321.78, 9480.84, 9475.28, 9386.79, 9450.70, 9538.02, 9480.25, 9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-07-31 **Financial & Commodity Data:** - Gold Closing Price: $1962.80 - Crude Oil Closing Price: $40.27 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $207,877,132,741 - Hash Rate: 128137015.037728 - Transaction Count: 356906.0 - Unique Addresses: 733209.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: This week saw a 125% rise in the price of dogecoin, a cryptocurrency based on a popular 2013 internet meme, created in the same year as both a parody and a “let’s see if this sticks” experiment. Much to even the founder’s surprise, it has not only survived, it has accumulated a loyal following. Clearly. A group of teenagers on the extremely popular but recently beleaguered social platform TikTok decided to use their voice and audience to move the price of dogecoin up. It has nothing to do with fundamentals, potential or even government handouts – most participants probably don’t even understand what cryptocurrency is (many of the videos refer to DOGE as a “stock”). It’s about manipulation, just because. Why is this relevant? Because it is an irresistibly fluffy yet alarming symptom that trust is fundamentally broken in markets. Related: First Mover: Twelve-Fold Gains for Aave's LEND Token Might Be More Than DeFi Hype You’re reading Crypto Long & Short , a newsletter that looks closely at the forces driving cryptocurrency markets. Authored by CoinDesk’s head of research, Noelle Acheson, it goes out every Sunday and offers a recap of the week – with insights and analysis – from a professional investor’s point of view. You can subscribe here . When you have the next generation of investors blatantly flaunting that markets are a meaningless casino, when you have them advertising that markets can be manipulated, then you do have to wonder what role markets will have in their lives as they get older. And much like the day traders picking stocks from a bag of Scrabble tiles, this does raise questions about the role of facts in our interpretation of value. When markets don’t make any sense, when fundamentals no longer seem to matter, it becomes clear the rules are being rewritten or even thrown out the window. We could be in the creative destruction phase that will give way to a new wave of innovation. And in that wave, new types of assets could have a respectable place in new types of portfolios. Story continues Related: Money Reimagined: COVID-19's Crash Course in Exponential Math Meanwhile, however, the untethered nature of current price logic is disconcerting, and a reminder that creative destruction can be vicious to those caught in the transition. Uncertainty is not good for trust, and a lack of trust is not good for progress. So, while I can chuckle with glee at the adorable takes that I can’t resist sharing with you here… …I’m also wondering what will have changed most in markets two to three years from now. Maybe sanity will have been restored. Or maybe this is sane in comparison to what’s coming. A Coinbase listing would not necessarily be good for the market We can’t not talk about the unconfirmed rumors that Coinbase is planning a stock market listing. These rumors are not new, but they have suddenly taken on a renewed relevance. Earlier this week, Reuters reported on the plans, citing sources familiar with the matter. And Coinbase has called an investor meeting, sparking speculation as to why. Should this happen, it would be a big deal for the cryptocurrency industry, but not necessarily the boost many seem to think. It would be a big deal for three main reasons: 1) It would focus a lot of mainstream attention on the industry as a whole, as financial reporters throw around the word “crytpo,” as equity analysts scramble to produce reports and as investors are taken aback by the sheer numbers at play in these relatively overlooked markets. 2) We the public would finally get detailed insight into the inner workings and accounts of one of the industry’s most prominent businesses (as an analyst, I’m really looking forward to that). 3) It would provide a listed and liquid opportunity for investors to get exposure to the cryptocurrencies. This could put crypto, albeit indirectly, within reach of any investor, retail or institutional, and possibly give it a home in pension funds, exchange-traded funds, 401(k)s, etc. How would this boost the cryptocurrency markets? Increased mainstream attention could encourage more people to learn about cryptocurrency fundamentals, and possibly trigger a wave of new investment. Also, new funding from an initial public offering could mean further growth for Coinbase through a broader reach or a more extensive service. Now here is where the “buts” come in. Rather than an IPO, the move could merely represent a handsome exit for the initial investors through a direct listing. Even if so, however, it would set up a pipeline for further financing, which could influence growth further down the road. And, this is even more important, a public listing of a significant company such as Coinbase would not necessarily encourage mainstream crypto exposure. Investment would be going into a company, not the cryptocurrency market. True, the investment in that private company could encourage more investment in the cryptocurrency market further down the line, but the effect would not be linear. It could even be a self-defeating proposition. Investors en masse could choose to buy shares in Coinbase instead of buying cryptocurrency directly, which ironically could end up hurting Coinbase’s prospects. Ok, that’s an extreme extension of the theory, but it’s not totally out of the question. The net effect of a Coinbase listing, or any other significant cryptocurrency business heading to the frothy stock markets, could be net positive for crypto assets. But it may not be the investment trigger many are hoping for. Hashrate highs Bitcoin ’s hashrate has hit an all-time seven-day moving average high, less than two months after a miner reward halving led to a 40% drop as unprofitable mining equipment was switched off. The hashrate metric is significant in that it is a proxy for network security – the higher the hashrate, the more computational power is spent on validating transactions and maintaining the network. So, the hashrate reaching all-time seven-day average highs is being taken as a bullish signal by some. But the numbers don’t bear that theory out. As we can see, usually after a hashrate peak, both price and hashrate fall over a seven-day and 30-day timeframe. But not always. So, hashrate is worth keeping an eye on, because a growing hashrate indicates growing confidence in the cryptocurrency’s outlook. But it should not be used as a trading signal without a lot of caution and additional information. Anyone know what’s going on yet? You’re probably all aware of how previously underused and reconfigured words and phrases have been given a new life with the current crisis. “Lockdown,” “social distancing,” not to mention “unprecedented”… And some new words are emerging. Here’s one: coronacoaster. I kid you not. The market has been alternating between fits of euphoria and depression. With the highs higher than the lows, the net effect is up. The main new factor that impacted the market over the last week was the sharp rise and fall in the Chinese market. While not a large market by U.S. standards, this rally underlines a significant difference in market influences. In the case of the U.S., part of the rally has been encouraged by likes of Davy Day Trader, pushing the retail frenzy to new highs. Whilst, in China, the stock market moves were largely from the government telling retail investors to buy. And then, to not buy. The bitcoin market, meanwhile, has been … well … uninteresting in terms of price and volumes. Maybe a strong breakout is building, maybe not, and either way, who knows in which direction. Meanwhile the developments in the sector are galloping forward as you will see below in CHAIN LINKS, so the lack of notable market trends does not mean that we get to put down our pencils for a bit and take a breather. Unfortunately. CHAIN LINKS Los Angeles-based fund manager Arca has launched its Arca U.S. Treasury Fund, an SEC-registered closed-end fund that invests in U.S. T-bills and notes, and whose digital shares – ArCoins – move on the ethereum blockchain. TAKEAWAY: This is the first time the SEC has allowed a fund represented by blockchain-based tokens to trade under the 40 Act. Technically the fund’s shares will be crypto asset investments, although their value will be based on one of the most stable securities available: short-term U.S. government debt. This is fascinating because it could change the perception that markets and regulators have of crypto assets in general, and it could start to wake general capital markets up to alternative trading mechanisms. Whether this fund takes off or not, it is a pioneering step towards what could be the capital markets of tomorrow. Kraken Futures, previously known as Crypto Facilities, has been granted a Multilateral Trading Facility (MTF) license from the U.K.’s Financial Conduct Authority. TAKEAWAY: This makes Crypto Facilities the first licensed crypto derivatives platform for the European market, and we could soon see the launch of EUR-denominated crypto products. The London Stock Exchange Group has added 169 digital assets to its SEDOL Masterfile service, a global database that assigns unique identifiers to financial instruments. This helps LSEG customers keep track of traded assets from execution to settlement. TAKEAWAY: This is not an official seal of “approval,” but it’s worth asking why they would do this if it’s not to include digital assets in their offering at some point in the future. The CFTC , which regulates the U.S. bitcoin and ether derivatives markets, plans to develop a digital asset innovation blueprint by 2024. TAKEAWAY: That may sound like a long time in the future, but in terms of new regulatory frameworks, it’s actually not, and it does strongly suggest the Commodity Futures Trading Commission is already working on it. So, we can expect more investigation, communication and events from the world’s principal derivatives regulator over the coming months, which should hint at the stance global derivatives regulators around the w... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin closed the month of July at $11,351, its highest monthly close since the bellwether cryptocurrency’s all-time high nearly two-and-a-half years ago.\n• Prior to this month, Bitcoin had closed below $11,000 every month since nearly reaching $20,000 in December 2017.\n• Bitcoin futures on CME closed July at $11,620.\n• Bitcoin gained 24% in July, according toMessari, a relief to bullish traders after a 3% loss in June.\n• Bitcoin’s investor base is “highly favorable” for a continued move up, said Yan Liberman, former associate at Deutsche Bank and co-founder ofDelphi Digital.\n• “The supply on exchanges is close to 12-month lows,” said Liberman, who said this signals a strong commitment to hold bitcoins for the long term. The percent of bitcoin’s supply that has not moved in the past year is at all-time highs, he added.\n• Bitcoin Ends July at Highest Monthly Close Since 2017 Peak\n• Bitcoin Ends July at Highest Monthly Close Since 2017 Peak\n• Bitcoin Ends July at Highest Monthly Close Since 2017 Peak\n• Bitcoin Ends July at Highest Monthly Close Since 2017 Peak', 'Bitcoin closed the month of July at $11,351, its highest monthly close since the bellwether cryptocurrency’s all-time high nearly two-and-a-half years ago.\n• Prior to this month, Bitcoin had closed below $11,000 every month since nearly reaching $20,000 in December 2017.\n• Bitcoin futures on CME closed July at $11,620.\n• Bitcoin gained 24% in July, according toMessari, a relief to bullish traders after a 3% loss in June.\n• Bitcoin’s investor base is “highly favorable” for a continued move up, said Yan Liberman, former associate at Deutsche Bank and co-founder ofDelphi Digital.\n• “The supply on exchanges is close to 12-month lows,” said Liberman, who said this signals a strong commitment to hold bitcoins for the long term. The percent of bitcoin’s supply that has not moved in the past year is at all-time highs, he added.\n• Bitcoin Ends July at Highest Monthly Close Since 2017 Peak\n• Bitcoin Ends July at Highest Monthly Close Since 2017 Peak\n• Bitcoin Ends July at Highest Monthly Close Since 2017 Peak\n• Bitcoin Ends July at Highest Monthly Close Since 2017 Peak', 'Bitcoin closed the month of July at $11,351, its highest monthly close since the bellwether cryptocurrency\x92s all-time high nearly two-and-a-half years ago. Prior to this month, Bitcoin had closed below $11,000 every month since nearly reaching $20,000 in December 2017. Bitcoin futures on CME closed July at $11,620. Bitcoin gained 24% in July, according to Messari , a relief to bullish traders after a 3% loss in June. Bitcoin\x92s investor base is \x93highly favorable\x94 for a continued move up, said Yan Liberman, former associate at Deutsche Bank and co-founder of Delphi Digital . \x93The supply on exchanges is close to 12-month lows,\x94 said Liberman, who said this signals a strong commitment to hold bitcoins for the long term. The percent of bitcoin\x92s supply that has not moved in the past year is at all-time highs, he added. Related Stories Bitcoin Ends July at Highest Monthly Close Since 2017 Peak Bitcoin Ends July at Highest Monthly Close Since 2017 Peak Bitcoin Ends July at Highest Monthly Close Since 2017 Peak Bitcoin Ends July at Highest Monthly Close Since 2017 Peak', 'Bitcoin, BTC to USD, rallied by 2.04% on Friday. Following a 0.05% gain on Thursday, Bitcoin ended the month up by 24.04% to $11,350.0. A bearish start to the day saw Bitcoin fall to an early morning intraday low $10,990 before making a move. Steering clear of the first major support level at $10,923.2, Bitcoin rose to a late afternoon intraday high $11,440.0. Bitcoin broke through the first major resistance level at $11,255.4 and the second major resistance level at $11,387.8. A late pullback saw Bitcoin fall back through the resistance levels before finding support. Bitcoin broke back through the first major resistance level to wrap up the day at $11,350 levels. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Binance Coin (+7.76%), Bitcoin Cash SV (+7.19%), and Ripple’s XRP (+6.22%) led the way. Bitcoin Cash ABC (+2.22%), Ethereum (+3.46%), Litecoin (+2.46%), and Monero’s XMR (+4.39%), also found strong support. EOS (+1.36%), Stellar’s Lumen (+0.73%), Tezos (+1.44%), and Tron’s TRX (+1.93%) trailed the front runners. Cardano’s ADA bucked the trend, however, falling by 1.17%. It was a bullish July for the crypto market. Cardano’s ADA surged by 67.38% to lead the majors. Bitcoin Cash SV (+46.21%), Ethereum (+53.82%), Litecoin (+41.45%), Ripple’s XRP (+48.21%), and Stellar’s Lumen (+45.72%) also found strong support. Binance Coin (+34.44%), Bitcoin Cash ABC (+34.87%), EOS (+30.56%), Monero’s XMR (33.17%), Tezos (+20.69%), and Tron’s TRX (+20.39%) trailed the front runners. In the current week, the crypto total market cap rose from a Monday low $285.49bn to a Monday high $335.81bn. At the time of writing, the total market cap stood at $326.94bn. Story continues Bitcoin’s dominance rose from a Monday low 62.44% to a Tuesday high 64.58% before easing back. At the time of writing, Bitcoin’s dominance stood at 63.53. This Morning At the time of writing, Bitcoin was down by 0.82% to $11,257.0. A mixed start to the day saw Bitcoin rise to an early morning high $11,398 before falling to a low $11,238.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. At the time of writing, Bitcoin Cash ABC (+0.14%), Cardano’s ADA (+0.21%), and Stellar’s Lumen (+0.69%) found early support. It was a bearish start for the rest of the majors, however. Ripple’s XRP was down by 1.44% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the $11,260 pivot to support a run at the first major resistance level at $11,530. Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $11,440. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,710. Failure to move through the $11,260 pivot level would bring the first major support level at $11,080 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$11,000 levels and the second major support level at $10,810. This article was originally posted on FX Empire More From FXEMPIRE: S&P 500 Weekly Price Forecast – Continue to Grind Through Earnings Season Gold Price Futures (GC) Technical Analysis – Protect the Downside, the Upside Will Take Care of Itself US Stock Market Overview – Stocks Close Higher to Close out the Month on an Up Note E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Major Support 25938, Resistance 26608 European Equities: A Week in Review – 01/08/20 European Equities: A Month in Review – July 2020', 'Bitcoin, BTC to USD, rallied by 2.04% on Friday. Following a 0.05% gain on Thursday, Bitcoin ended the month up by 24.04% to $11,350.0. A bearish start to the day saw Bitcoin fall to an early morning intraday low $10,990 before making a move. Steering clear of the first major support level at $10,923.2, Bitcoin rose to a late afternoon intraday high $11,440.0. Bitcoin broke through the first major resistance level at $11,255.4 and the second major resistance level at $11,387.8. A late pullback saw Bitcoin fall back through the resistance levels before finding support. Bitcoin broke back through the first major resistance level to wrap up the day at $11,350 levels. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Binance Coin (+7.76%), Bitcoin Cash SV (+7.19%), and Ripple’s XRP (+6.22%) led the way. Bitcoin Cash ABC (+2.22%), Ethereum (+3.46%), Litecoin (+2.46%), and Monero’s XMR (+4.39%), also found strong support. EOS (+1.36%), Stellar’s Lumen (+0.73%), Tezos (+1.44%), and Tron’s TRX (+1.93%) trailed the front runners. Cardano’s ADA bucked the trend, however, falling by 1.17%. It was a bullish July for the crypto market. Cardano’s ADA surged by 67.38% to lead the majors. Bitcoin Cash SV (+46.21%), Ethereum (+53.82%), Litecoin (+41.45%), Ripple’s XRP (+48.21%), and Stellar’s Lumen (+45.72%) also found strong support. Binance Coin (+34.44%), Bitcoin Cash ABC (+34.87%), EOS (+30.56%), Monero’s XMR (33.17%), Tezos (+20.69%), and Tron’s TRX (+20.39%) trailed the front runners. In the current week, the crypto total market cap rose from a Monday low $285.49bn to a Monday high $335.81bn. At the time of writing, the total market cap stood at $326.94bn. Story continues Bitcoin’s dominance rose from a Monday low 62.44% to a Tuesday high 64.58% before easing back. At the time of writing, Bitcoin’s dominance stood at 63.53. This Morning At the time of writing, Bitcoin was down by 0.82% to $11,257.0. A mixed start to the day saw Bitcoin rise to an early morning high $11,398 before falling to a low $11,238.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. At the time of writing, Bitcoin Cash ABC (+0.14%), Cardano’s ADA (+0.21%), and Stellar’s Lumen (+0.69%) found early support. It was a bearish start for the rest of the majors, however. Ripple’s XRP was down by 1.44% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the $11,260 pivot to support a run at the first major resistance level at $11,530. Support from the broader market would be needed, however, for Bitcoin to break out **Last 60 Days of Bitcoin's Closing Prices:** [9529.80, 9656.72, 9800.64, 9665.53, 9653.68, 9758.85, 9771.49, 9795.70, 9870.09, 9321.78, 9480.84, 9475.28, 9386.79, 9450.70, 9538.02, 9480.25, 9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-01 **Financial & Commodity Data:** - Gold Closing Price: $1962.80 - Crude Oil Closing Price: $40.27 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $207,877,132,741 - Hash Rate: 114737065.752737 - Transaction Count: 296705.0 - Unique Addresses: 644333.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Crypto traders are homing in on a pattern that’s becoming weirdly familiar: Stocks fall, bitcoin falls; the Federal Reserve makes a new stimulus announcement, stocks rise, bitcoin rises. No one knows exactly how a second wave of coronavirus infections might affect traditional or digital-asset markets. Some analysts argue that better preparation and existing restrictions mean the effects could be more muted. In order to minimize disruption, governments might move quickly to isolate outbreaks, rather than resorting to further large-scale lockdowns. You’re reading First Mover , CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you don’t have to. You can subscribe here . Related: Blockchain Bites: Trump on Bitcoin, Powell on Digital Dollars and the Truth About Terrorist Financing But the action in markets last week might have provided glimpse of how things would play out in the event that the contagion came back – or even if doubts emerged about the prospects for an economic recovery. Stocks and bitcoin tumbled last week amid concerns the number of cases is rising and as the Federal Reserve warned a full economic recovery isn’t likely for at least three years. Markets recovered quickly, partly due to an announcement of fresh stimulus from the Federal Reserve. But cryptocurrency analysts say the episode shows bitcoin might tumble anew if traditional markets swoon again. “Should a second wave hit this year, bitcoin will likely continue moving in correlation with the overall market,” Jonathan Leong, CEO of BTSE exchange, said in comments to First Mover. Related: Bitcoin Still Undervalued After Q2 Rally, Price Metric Shows Cases are rising around the globe as the coronavirus spreads through the herd of humanity. Story continues After more than 50 days without a reported case, health authorities in Beijing reported 36 new cases on Saturday, believed to have been carried in on imported salmon sold at a local market. City officials shut down surrounding neighborhoods, and major supermarkets pulled salmon from shelves. Daily records of new cases have also cropped up some U.S. states that have started reopening, including Florida, Texas and Arizona . In France, where President Emmanuel Macron declared a “ first victory ” against the illness and reopened cafes and restaurants, he has warned the pandemic could easily return. The risk has spurred some cryptocurrency analysts to start asking how bitcoin might perform if conditions took a turn for the worse. The memories are still fresh of the sell-off on March 12, now known as “Black Thursday,” when the Standard & Poor’s 500 Index of large U.S. stocks tumbled almost 10%, and bitcoin fell 39%. Rapid pledges of trillions of dollars of liquidity injections by central banks helped to put a floor under markets. By mid-May, central banks and governments had injected roughly $15 trillion into the global economy . Both bitcoin and U.S. stocks recovered. Over the past week, the pattern returned. From last Thursday through Monday, the S&P 500 fell by nearly 7% and bitcoin tumbled, too. The markets rebounded after the Federal Reserve announced Monday it would start buying individual corporate bonds as part of an expanded program that might eventually reach $750 billion of total assets. The Bank of Japan (BoJ) also announced it was ready to pump an additional trillion dollars’ worth of yen into local companies. “The latest demonstration of seemingly unlimited central bank support drowned out the worrying news,” Michael Mackenzie wrote in his Market Forces newsletter for the Financial Times. For the past several months, bitcoin and U.S. stocks have shown a weak but persistent correlation. Mati Greenspan, founder of the foreign-exchange and cryptocurrency research firm Quantitative Economics, wrote Tuesday in an email to subscribers that the question of whether bitcoin will crash with stocks “keeps coming up lately.” “The clearer it gets that we may be in for further pain in the stock markets, the more people want to know if bitcoin will again participate in a multi-asset sell-off,” he wrote. Investors are likely to be “a lot more prepared” for a second crash, he said, and there’s a possibility that a “bout of extreme volatility could break the correlation” between bitcoin and stocks. “Of course, it’s only a theory,” Greenspan said. Tweet of the day Bitcoin watch BTC : Price: $9,434 ( BPI ) | 24-Hr High: $9,557 | 24-Hr Low: $9,240 Trend: Bitcoin continues to defend key support and may challenge the $10,000 market in the short term. The leading cryptocurrency by market value is currently trading near $9,440, having defended the ascending (bullish) 50-day moving average (MA) support at $9,375 early on Thursday. Sellers have repeatedly failed to establish a strong foothold below the 50-day SMA in the last week. So far bitcoin has not been able to capitalize on the dip demand, or seller exhaustion, seen below the average support. The range play, however, could soon end with a breakout on the higher side, according to bullish developments on the three-day chart. To start with, the 50- and 100-candle MAs have produced a bull cross for the first time June 2016. Back then, the confirmation of the bullish crossover had accelerated the preceding uptrend. Similarly, bitcoin broke into a bull market in the October 2015 following a bull cross of the same two averages. In addition, the cryptocurrency created a classic long-tailed bullish hammer candle in the three-days to June 17, marking a strong dip demand near support at $8,876. That level marks the 23.6% Fibonacci retracement of the rally from $3,867 to $10,429. With the three-day chart reporting bullish patterns, technical traders may enter the market, lifting prices higher. The immediate resistance is seen at $9,566, followed by $10,000. On the downside, the Fibonacci support at $8,876 is the level to beat for the sellers. Related Stories First Mover: As US Stocks Defy Economic Gravity, Bitcoiners Shudder at March Memory First Mover: As US Stocks Defy Economic Gravity, Bitcoiners Shudder at March Memory... - Reddit Posts (Sample): [['u/CardiacLover', 'Does using my own phone number for verification link my name to the transaction at a Bitcoin atm?', 32, '2020-08-01 00:07', 'https://www.reddit.com/r/BitcoinBeginners/comments/i1gnpm/does_using_my_own_phone_number_for_verification/', 'Pretty sure the answer is yes but just making sure', 'https://www.reddit.com/r/BitcoinBeginners/comments/i1gnpm/does_using_my_own_phone_number_for_verification/', 'i1gnpm', [['u/businessguy123', 11, '2020-08-01 04:50', 'https://www.reddit.com/r/BitcoinBeginners/comments/i1gnpm/does_using_my_own_phone_number_for_verification/fzy4tcg/', 'Just download one of those free texting apps and use one of those disposable numbers that what I do. Or here in the U.S. u can buy like an AT&T go phone for like $10 and put little airtime on it and create an account with a fake name and info and activate on your own from home (not in store) if you trying to keep your identity secret. May want to use vpn or tor browser as well to activate it online', 'i1gnpm']]], ['u/PelotonMod', '[Race Thread] Strade Bianche WE (1.WWT)', 35, '2020-08-01 01:37', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/', "|Date|From > To|Length|Type|Finish|Arrival|\n|-|-|-|:-|:-|:-|\n|August 1^st|[Siena › Siena](https://www.strade-bianche.it/wp-content/uploads/2016/02/SB20_ME_plan_jpg.jpg?v=4429)|136km|[Hilly + gravel](https://www.strade-bianche.it/en/percorso/)| [Uphill](https://www.procyclingstats.com/images/profiles/ap/bf/strade-bianche-we-2020-result-finish-n2-d4762762d4.png) |[c.a ~ 16:00 CEST](https://www.strade-bianche.it/wp-content/uploads/2020/07/Programma-Strade-Bianche-WE-2020-ITA-ENG-new.pdf) / 15:00 BST (14:00 UTC) |\n\n|||\n|-|-|\n|Information| [Official Site](https://www.strade-bianche.it/en/) / [Startlist](https://www.strade-bianche.it/wp-content/uploads/2020/07/SBWE20_Starters.pdf) / [Weather](https://www.windfinder.com/#10/43.3307/11.2994/2020-08-01T21:00Z)\n|Live Trackers| [Official Twitter](https://twitter.com/StradeBianche) / [Cyclingnews ticker](http://live.cyclingnews.com/)\n|Previews| [Cycling News](https://www.cyclingnews.com/races/strade-bianche-women-2020/preview/) / [Pro Cycling UK](https://www.procyclinguk.com/womens-strade-bianche-2020-preview-tips-contenders-profile/) / [Cycling Tips](https://cyclingtips.com/2020/07/preview-your-guide-to-the-2020-womens-strade-bianche/)\n|TV| RAI / L'Equipe / Fubo / Flosports / \n|Streams| GCN app / Tiz / Race Coverage starts at 15:00 CEST / 14:00 BST (13:00 UTC)\n\n---\n\n|Participating Teams|\n|---- |\n| **Mitchelton Scott (x)**, Ale BTC Ljubljana (1x), Aromitalia- Basso Bikes- Vaiano (2x), Astana Women's Team (3x), Bepink (4x), Boels Doelmans Cycling Team (5x), Canyon Sram Racing (6x), CCC- Liv (7x), Ceratizit- WNT Pro Cycling Team (8x), Cogeas Mettler Look Pro Cycling Team (9x), Equipe Paul Ka (10x), Eurotarget-Bianchi- Vittoria (11x), FDJ Nouvelle- Auitaine Fururoscope (12x), Lotto Soudal Ladies (13x), Movistar Team Women (14x), Parkhotel Valkenburg (15x), Servetto- Piumate- Beltrami TSA (16x), Team Sunweb (17x), Team Tibco-Silicon Valley Bank (18x), Top Girls Fasso Bartolo (19x), Trek Segafredo (20x), Valcar- Travel and Service (21x) \n \n\n* *For a live chat way to discuss/follow the race we [have a discord too](https://discord.gg/Nd5sZn)!*", 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/', 'i1i4vo', [['u/Sappert', 11, '2020-08-01 01:42', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzxkwpt/', 'hype', 'i1i4vo'], ['u/Kjaerfps', 11, '2020-08-01 03:56', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzxziwn/', 'Either a very early race thread or a very late one.', 'i1i4vo'], ['u/wolfpackiaaw', 17, '2020-08-01 05:54', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzyap8z/', 'How embarrassing! Disregard', 'i1i4vo'], ['u/rjbman', 24, '2020-08-01 06:41', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzyesz0/', "mvdp just can't pass up a chance to win!", 'i1i4vo'], ['u/TwistedWitch', 12, '2020-08-01 09:45', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzyrimx/', '[Trek segafredo have had their bikes stolen !](https://twitter.com/TrekSegafredo/status/1289457949509910528?s=19)', 'i1i4vo'], ['u/epi_counts', 13, '2020-08-01 13:41', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzz4yrb/', 'Good news: [the riders are on the slowest time schedule](https://twitter.com/petervdveen/status/1289525575191683072) which means more of the finale will be televised!', 'i1i4vo'], ['u/nalc', 12, '2020-08-01 15:00', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzzahui/', "Looks like Tiz is starting the stream at 10 past the hour. I'll be watching on mute. The 2043 Strade Bianche WE winner just fell asleep after being fussy all morning.", 'i1i4vo'], ['u/HerHor', 15, '2020-08-01 15:21', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzzc8yu/', '[KM 136 - 25: race start, first live images; M. Garcia Canellas \\(ESP, ALE\\) in front; chase group of 10](https://streamable.com/78bgjg)', 'i1i4vo'], ['u/Avila99', 12, '2020-08-01 15:33', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzzd9lx/', 'His intentions were well, I guess.', 'i1i4vo'], ['u/25mieke', 15, '2020-08-01 15:39', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzzdru7/', 'A sudden Van Vleuten appears', 'i1i4vo'], ['u/epi_counts', 10, '2020-08-01 15:39', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzzds47/', "Hand clocked the difference - it's 2:25 between Garcia and the first chasing group (clocked when they arrived on the bigger road).", 'i1i4vo'], ['u/25mieke', 10, '2020-08-01 15:43', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzze3nr/', 'Handclocked about 1:30 gap between Garcia and chasers (start of the last sector)', 'i1i4vo'], ['u/MacJokic', 19, '2020-08-01 15:46', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzzed03/', 'Good to see the timekeepers are already in prime giro form, after such a long break.', 'i1i4vo'], ['u/MacJokic', 19, '2020-08-01 16:01', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzzfsrd/', "Garcia's corners are atrocious.", 'i1i4vo'], ['u/Avila99', 13, '2020-08-01 16:06', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzzgch7/', 'Kudos to Garcia. Amazing race.', 'i1i4vo'], ['u/DeboEyes', 12, '2020-08-01 16:07', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzzgg45/', 'First place among mortals for Garcia.', 'i1i4vo']]], ['u/georgedonnelly', 'Bitcoin Cash ForkDay Anniversary Mega-Thread', 45, '2020-08-01 01:42', 'https://www.reddit.com/r/btc/comments/i1i7fu/bitcoin_cash_forkday_anniversary_megathread/', "Saturday, 1 August is the third anniversary of the day Bitcoin Cash forked from Bitcoin Core.\n\nLet's celebrate this day with positive messages and consistent actions for Bitcoin Cash that promote dialog, teamwork, cooperation, respect, building, passion and fun.\n\nPlease post below your ForkDay Anniversary content. Live blog the day! Let's do this big as our next constructive step towards realizing the vision and promise of Bitcoin Cash as world-scale, censorship-resistant peer-to-peer electronic cash that empowers everyone to greater liberty and prosperity.", 'https://www.reddit.com/r/btc/comments/i1i7fu/bitcoin_cash_forkday_anniversary_megathread/', 'i1i7fu', [['u/georgedonnelly', 12, '2020-08-01 01:43', 'https://www.reddit.com/r/btc/comments/i1i7fu/bitcoin_cash_forkday_anniversary_megathread/fzxl293/', 'Watch the conference from 05:30 UTC / 07:30 CEST / 13:30 GMT+8 / 22:30 PDT (-1) for 17 hours of content: http://2020.bitcoincash.org/\n\nAnd there is a meme contest: https://read.cash/@georgedonnelly/meme-contest-for-bch-forkday-2020-58b0c0b8', 'i1i7fu'], ['u/tcrypt', 10, '2020-08-01 01:58', 'https://www.reddit.com/r/btc/comments/i1i7fu/bitcoin_cash_forkday_anniversary_megathread/fzxmx42/', "Great work everyone who helped put this together! I know George especially was doing a ton to prepare. Good luck to all the speakers and I can't wait to see you all there!", 'i1i7fu'], ['u/BitcoinXio', 11, '2020-08-01 04:03', 'https://www.reddit.com/r/btc/comments/i1i7fu/bitcoin_cash_forkday_anniversary_megathread/fzy07dz/', 'Awesome, thanks George. I’m going to sticky this so we can begin the celebrations! :))', 'i1i7fu'], ['u/Justin_Other_Bot', 15, '2020-08-01 04:30', 'https://www.reddit.com/r/btc/comments/i1i7fu/bitcoin_cash_forkday_anniversary_megathread/fzy2tdi/', "Starting on a good note. Here's to another year of censorship free p2p electronic cash.", 'i1i7fu']]], ['u/ollreiojiroro', 'Help: Private Key Leakge caused by reusing BTC addresses, what does that mean??', 15, '2020-08-01 01:44', 'https://www.reddit.com/r/ledgerwallet/comments/i1i8pw/help_private_key_leakge_caused_by_reusing_btc/', "Hi u/btchip a guy in this thread mentioned that reusing same BTC addresses could make reingeneering of the private key possible and people should avoid that, https://www.reddit.com/r/ledgerwallet/comments/hzgaky/ledgers_apps_have_read_access_to_private_key/fzn7t5o/?context=3\n\nHe says it has to do with the BTC protocol's cryptography or sth like that...every time you use the same address you are leaking some info about your private key.\n\n\n> 1) How many times reusing the same BTC address would make reingeneering of the key possible? Is there ANY estimation experts did on this topic in the past? Just one or two times reusing would be enough to deem your private key as insecure?\n\n... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rallied by 4.01% on Saturday. Following a 2.04% gain on Friday, Bitcoin ended the day at $11,804.7.\nA bearish start to the day saw Bitcoin fall to an early morning intraday low $11,227 before making a move.\nSteering clear of the first major support level at $11,080, Bitcoin rallied to a late intraday high $11,843.0.\nBitcoin broke through the first major resistance level at $11,530 and the second major resistance level at $11,710.\nThe near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bullish day on Saturday.\nEthereum (+11.69%), Ripple’s XRP (+12.06%), and Stellar’s Lumen (+10.76%) led the way.\nBitcoin Cash ABC (+6.05%), Bitcoin Cash SV (+5.97%), EOS (+6.71%), Litecoin (+6.01%), Monero’s XMR (+5.94%), and Tezos (+6.87%) also found strong support.\nBinance Coin (+4.64%), Cardano’s ADA (+3.79%), and Tron’s TRX (+3.92%) trailed the front runners on the day.\nIn the current week, the crypto total market cap rose from a Monday low $285.49bn to a Saturday high $349.72bn. At the time of writing, the total market cap stood at $348.82bn.\nBitcoin’s dominance rose from a Monday low 62.44% to a Tuesday high 64.58% before sliding back. At the time of writing, Bitcoin’s dominance stood at 62.69.\nAt the time of writing, Bitcoin was down by 0.04% to $11,800. A mixed start to the day saw Bitcoin fall to an early morning low $11,788 before rising to a high $11,845.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBitcoin Cash SV (+0.09%), Ethereum (+0.45%), Monero’s XMR (+0.30%), Stellar’s Limen (+0.58%), and Tron’s TRX (+0.87%) found early support.\nIt was a bearish start for the rest of the majors, however, with Litecoin down by 0.87% to lead the way down.\nBitcoin would need to avoid a fall through the $11,625 pivot to support a run at the first major resistance level at $12,023.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $11,843.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could eye the second major resistance level at $12,241.\nFailure to avoid a fall through the $11,625 pivot level would bring the first major support level at $11,407 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer clear of the second major support level at $11,009 and sub-$11,000 levels.\nThisarticlewas originally posted on FX Empire\n• Gold Price Futures (GC) Technical Analysis – Protect the Downside, the Upside Will Take Care of Itself\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Upside Momentum Can Build Over 10768.75\n• European Equities: A Week in Review – 01/08/20\n• The Crypto Daily – Movers and Shakers – August 1st, 2020\n• Precious Metals Weekend Wrap-up August 1, 2020\n• U.S Mortgage Rates Slipped Back to sub-3% as Economic Uncertainty Lingered', 'Bitcoin, BTC to USD, rallied by 4.01% on Saturday. Following a 2.04% gain on Friday, Bitcoin ended the day at $11,804.7. A bearish start to the day saw Bitcoin fall to an early morning intraday low $11,227 before making a move. Steering clear of the first major support level at $11,080, Bitcoin rallied to a late intraday high $11,843.0. Bitcoin broke through the first major resistance level at $11,530 and the second major resistance level at $11,710. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Saturday. Ethereum (+11.69%), Ripple’s XRP (+12.06%), and Stellar’s Lumen (+10.76%) led the way. Bitcoin Cash ABC (+6.05%), Bitcoin Cash SV (+5.97%), EOS (+6.71%), Litecoin (+6.01%), Monero’s XMR (+5.94%), and Tezos (+6.87%) also found strong support. Binance Coin (+4.64%), Cardano’s ADA (+3.79%), and Tron’s TRX (+3.92%) trailed the front runners on the day. In the current week, the crypto total market cap rose from a Monday low $285.49bn to a Saturday high $349.72bn. At the time of writing, the total market cap stood at $348.82bn. Bitcoin’s dominance rose from a Monday low 62.44% to a Tuesday high 64.58% before sliding back. At the time of writing, Bitcoin’s dominance stood at 62.69. This Morning At the time of writing, Bitcoin was down by 0.04% to $11,800. A mixed start to the day saw Bitcoin fall to an early morning low $11,788 before rising to a high $11,845. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV (+0.09%), Ethereum (+0.45%), Monero’s XMR (+0.30%), Stellar’s Limen (+0.58%), and Tron’s TRX (+0.87%) found early support. It was a bearish start for the rest of the majors, however, with Litecoin down by 0.87% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $11,625 pivot to support a run at the first major resistance level at $12,023. Support from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $11,843. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $12,241. Failure to avoid a fall through the $11,625 pivot level would bring the first major support level at $11,407 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of the second major support level at $11,009 and sub-$11,000 levels. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Futures (GC) Technical Analysis – Protect the Downside, the Upside Will Take Care of Itself E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Upside Momentum Can Build Over 10768.75 European Equities: A Week in Review – 01/08/20 The Crypto Daily – Movers and Shakers – August 1st, 2020 Precious Metals Weekend Wrap-up August 1, 2020 U.S Mortgage Rates Slipped Back to sub-3% as Economic Uncertainty Lingered', "Bitcoin and Ethereum crashed by 12% and 20% respectively in about 6 minutes as more than $1 billion of positions were liquidated. Bitcoin’s price went from $11,930 to $10,550. By press time, the price has now recovered to about $11,400. Ethereum crashed from $408 to $326. By press time, the price has now recovered to about $380. Liquidations About $1.1 billion worth of futures positions of more than 70,000 traders were liquidated across all exchanges, according to market data site Bybt. Nearly $400 million was liquidated on each OKEx and Huobi; followed by BitMEX ($164M) and Binance ($86M). The largest single liquidation order worth $10 million happened on BitMEX's Bitcoin perpetual swap. Most of the liquidations, about $647 million, came from Bitcoin's futures, followed by Ethereum with $165 million of liquidations. © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.", "Bitcoin and Ethereum crashed by 12% and 20% respectively in about 6 minutes as more than $1 billion of positions were liquidated.\nBitcoin’s price went from $11,930 to $10,550. By press time, the price has now recovered to about $11,400.\nEthereum crashed from $408 to $326. By press time, the price has now recovered to about $380.\nAbout $1.1 billion worth of futures positions of more than 70,000 traders were liquidated across all exchanges, according to market data site Bybt. Nearly $400 million was liquidated on each OKEx and Huobi; followed by BitMEX ($164M) and Binance ($86M).\nThe largest single liquidation order worth $10 million happened on BitMEX's Bitcoin perpetual swap. Most of the liquidations, about $647 million, came from Bitcoin's futures, followed by Ethereum with $165 million of liquidations.\n© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.", "Bitcoin and Ethereum crashed by 12% and 20% respectively in about 6 minutes as more than $1 billion of positions were liquidated.\nBitcoin’s price went from $11,930 to $10,550. By press time, the price has now recovered to about $11,400.\nEthereum crashed from $408 to $326. By press time, the price has now recovered to about $380.\nAbout $1.1 billion worth of futures positions of more than 70,000 traders were liquidated across all exchanges, according to market data site Bybt. Nearly $400 million was liquidated on each OKEx and Huobi; followed by BitMEX ($164M) and Binance ($86M).\nThe largest single liquidation order worth $10 million happened on BitMEX's Bitcoin perpetual swap. Most of the liquidations, about $647 million, came from Bitcoin's futures, followed by Ethereum with $165 million of liquidations.\n© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.", 'Bitcoin suffered a price drop of $1,458 in under an hour on Sunday. The sudden slide caught many traders off guard, forcing out a significant amount of buying pressure from the market.\n• The biggest cryptocurrency by market value fell from $11,969 to $10,659 in 10 minutes at 04:45 UTC, having reached an 11-month high of $12,118 at 04:00 UTC, according to CoinDesk’sBitcoin Price Index.\n• The sudden price drop has liquidated nearly $1.4 billion worth of positions across major exchanges,as noted byderivatives data provider **Last 60 Days of Bitcoin's Closing Prices:** [9656.72, 9800.64, 9665.53, 9653.68, 9758.85, 9771.49, 9795.70, 9870.09, 9321.78, 9480.84, 9475.28, 9386.79, 9450.70, 9538.02, 9480.25, 9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-02 **Financial & Commodity Data:** - Gold Closing Price: $1962.80 - Crude Oil Closing Price: $40.27 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $207,877,132,741 - Hash Rate: 118087053.073985 - Transaction Count: 287869.0 - Unique Addresses: 616214.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.80 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The best Sundays are for long reads and deep conversations. Recently the hosts of theLet’s Talk Bitcoin! Showgathered to discuss the big picture problems facing our world which make things like Bitcoin distinctly appealing despite many inefficiencies when compared to traditional, centralized money systems. Listen/subscribe to the CoinDesk Podcast feed for unique perspectives and fresh daily insight withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,IHeartRadioorRSS. The episode is sponsored byeToro.comandThe Internet of Money Vol. 3 Related:Bitcoin News Roundup for June 22, 2020 “Bitcoin is a way of achieving consensus. And consensus is a way for a bunch of people who may disagree on things to agree to a singular fact that they then execute. So imagine if Congress actually had bipartisan support to unilaterally pass a bill every 10 minutes… That’s basically what’s occurring in Bitcoin. There’s nothing more political than money because money affects everything else, and yet Bitcoin works. I think there are a lot of people looking at trying to reform the governance structures of the places that they’re in, what they really should be doing is looking at things like Bitcoin and frameworks using blockchains to say, “OK, how can we come to consensus over this or that governance issue of which money would be one… But I think the most transformative and phenomenal thing it’ll do is, Nakamoto Consensus and then just blockchain governance writ large is a phenomenal way to have self governance. We see these breakdowns and these desires to federate cities and the way decisions are made, [but] maybe rather than turning to a government based political solution, a community based solution using something like a blockchain would be something with a lot greater staying power and impact.”– Jonathan Mohan On today’s show we’re going back to basics. Whilebitcoinand digital bearer assets in general are an incredibly important technology, the reason they’re likely to be important to the future has little to do with the token and everything to do with the context surrounding them: The world we live in every day, where government-controlled money is abused for the benefit of the few and to the detriment of the many. Related: Topics: • For whom is the economy still working, and who is not being served? • What’s wrong with money that makes alternatives attractive? • Why and how is Bitcoin disconnected from the current system? • What’s the value in the U.S .and western Europe compared to the value in less developed parts of the world? • What role does speculation play in the story of bitcoin? • Bitcoin’s been around now for more than 20 years. Are we on track to make a difference? What’s the normal adoption curve for disruptive or revolutionary technologies? • What IS a disruptive or revolutionary technology? Who or what is bitcoin potentially disrupting? • Does being part of the bitcoin community make you politically affiliated, or represent a distinct political viewpoint? Selected excerpts from this week’s discussion: “Money, because it’s central to markets, which are central to the ways we organize societies, is one of the most powerful technological tools that exists. If you then put the control of that technological tool in the hands of a monopolistic entity of any kind, whether that’s Facebook libra or the U.S. dollar under the Federal Reserve or whatever else it is, what happens is that that tool can be used to exert power on the way society is governed and on the way resources are allocated in a non-transparent way that is not subject to political correction or adjustment by democratic means. And when you take a tool that’s that powerful and take it out of the oversight and control of democratic institutions, then it attracts the kinds of sociopaths who want to control that lever of power, and they use it to distort the market in their favor. And that’s the really dangerous aspect of money, because it’s not simply neutral fuel for an economy or some forms of it are not neutral fuel for the economy. I’ve talked about this in the past as, money is a system of control in addition to its function of medium of exchange, unit of account, and store of value. And when it can be used more effectively as a system of control, then it starts losing its utility as a medium of exchange, a unit of account and a store of value because its power as a system of control is so intoxicating and so overpowering that it erases all other uses of it. And that’s exactly what we see. Centralized money is no longer offering useful signaling of value, no longer offering using unit of account measurement, it’s not serving as a good store of value and increasingly not as an open, free, highly liquid medium of exchange because its use as a system of control has overridden all those considerations.” –Andreas M. Antonopoulos * * * It seems like the past hundred years and the statements made publicly now and in perpetuity is that dollars will always go down and stocks will always go up. So there are fundamentally two types of Americans, those who have their life savings in dollars and those who have it in stocks. And the crazy thing with stocks, unless you’re part of the racket every now and then they completely collapse. So even that’s a rigged game. What I like about Bitcoin is it’s a way to be a part of neither game. I don’t get to insider trade like a congressman, and I also don’t have all of my life savings stolen from me because that 3% raise I get every year is completely wiped out by money manipulation.– Jonathan Mohan See also:‘We Need 30 Different Words for Censorship,’ Feat. Andreas M. Antonopoulos * * * “This entire experiment and civilization [was] founded on the idea that we have a ladder with rungs on it and a reset button. So you fall down the ladder, you hit the reset button and you can start climbing back up it. And every time the government massively overcorrects or disproportionately gives money out into the ecosystem, they’re pulling out a rung from the ladder…”– Jonathan Mohan * * * “Capitalism without the risk of failure, isn’t.”– Andreas M. Antonopoulos * * * “One of the most phenomenal things that America did was the idea of bankruptcy. This idea that you could fail and that your family wouldn’t be debt slaves to try to repay it. This idea of a serial entrepreneur was kind of invented here because the economic concept of a reset button existed here, and what we’re seeing is the death of the reset button. …[T]he way they’re accomplishing that is by pulling up the rungs of the ladder. So it’s a failure on two sides at the same time…”– Jonathan Mohan Credits This episode of Let’s Talk Bitcoin features Stephanie Murphy, Andreas M. Antonopoulos, Adam B. Levine and Jonathan Mohan. Music provided by Jared Rubens and Gurty Beats, with editing by Jonas. Listen/subscribe to the CoinDesk Podcast feed for unique perspectives and fresh daily insight withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,IHeartRadioorRSS. • Bitcoin Only Matters Because the Game Is Rigged • Bitcoin Only Matters Because the Game Is Rigged... - Reddit Posts (Sample): [['u/pio_11', 'Buying bitcoin in canada', 13, '2020-08-02 02:14', 'https://www.reddit.com/r/BitcoinCA/comments/i22s9t/buying_bitcoin_in_canada/', 'What exchange do you recommend to buy bitcoin in canada, and why? This if for small amounts nothing crazy. I Don’t plant to sell or trade, just buy and sit on it. (Also slowly to move off to a hard or paper wallet)\nThanks', 'https://www.reddit.com/r/BitcoinCA/comments/i22s9t/buying_bitcoin_in_canada/', 'i22s9t', [['u/mkultrahigh', 10, '2020-08-02 02:29', 'https://www.reddit.com/r/BitcoinCA/comments/i22s9t/buying_bitcoin_in_canada/g01euuo/', 'Shakepay', 'i22s9t']]], ['u/thats_so_over', 'What is driving the recent pump?', 19, '2020-08-02 03:12', 'https://www.reddit.com/r/CryptoCurrency/comments/i23lvt/what_is_driving_the_recent_pump/', 'I’m just looking for people speculating on what’s driving the pump in eth and bitcoin.\n\nObviously it’s that more people are buying it at an increase cost but other than that;). Is it the recent halfing of btc rewards. Some other news. I’m loving it but I’m not sure what changed. \n\nAnother good answer is it’s crypto so who the f knows...', 'https://www.reddit.com/r/CryptoCurrency/comments/i23lvt/what_is_driving_the_recent_pump/', 'i23lvt', [['u/SoloTheFord', 28, '2020-08-02 03:16', 'https://www.reddit.com/r/CryptoCurrency/comments/i23lvt/what_is_driving_the_recent_pump/g01jia5/', 'Us Economy is on the precipice of complete turmoil. Investors are running to gold and crypto. Others follow is my best guess. The us fiat is inflating rapidly so people are using crypto as a safety net and most people that notice follow. I would personally ratherhave my finances in bitcoin, eth and gold rather than a bank rn.', 'i23lvt'], ['u/F0rtysxity', 10, '2020-08-02 06:21', 'https://www.reddit.com/r/CryptoCurrency/comments/i23lvt/what_is_driving_the_recent_pump/g020yxa/', 'Bitcoin is not pumping in terms of real estate or gold or stocks. Just in terms of dollars. That should give you a clear enough picture.', 'i23lvt'], ['u/SoloTheFord', 12, '2020-08-02 10:24', 'https://www.reddit.com/r/CryptoCurrency/comments/i23lvt/what_is_driving_the_recent_pump/g02ja56/', 'I contemplated it but then slapped myself. Worst idea to take out a loan for crypto haha.', 'i23lvt']]], ['u/Siatty', 'Is multi-sig too complicated for an average user?', 15, '2020-08-02 03:18', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23or6/is_multisig_too_complicated_for_an_average_user/', "So I'm new to bitcoin. I'm paranoid about viruses, so I set up myself a 2-2 multi-sig wallet with electrum - one sig on my PC and another on an android phone. \n\n\nHowever, this guy [https://www.youtube.com/watch?v=nRts1VWkOXQ](https://www.youtube.com/watch?v=nRts1VWkOXQ) says that multi-sig is not worth it for an average user since it's too complicated and I have a chance of loosing my funds cause I didn't set it up carefully enough. \n\nBut I don't really see how it's different from just having 2 different wallets? I have two seeds and can restore the wallets on any other device even if my phone or PC broke, right? Do I not find it difficult cause I'm too smart or am I actually too stupid and just don't understand something?", 'https://www.reddit.com/r/BitcoinBeginners/comments/i23or6/is_multisig_too_complicated_for_an_average_user/', 'i23or6', [['u/jeremyisreal1', 13, '2020-08-02 03:22', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23or6/is_multisig_too_complicated_for_an_average_user/g01k27f/', 'Buy a ledger. Hide the seed. Hodl. Peace of mind. \n\nResearch for a few years. You’ll be a lay expert. \n\nAnyway, by then it will be as easy to use as a Visa card with inventions in the future.', 'i23or6']]], ['u/jape_uhz', 'Am I “Dumb AF” for thinking bitcoin isn’t worth investing in?', 51, '2020-08-02 03:32', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23vjx/am_i_dumb_af_for_thinking_bitcoin_isnt_worth/', 'First and foremost I am 2 weeks into stepping into investing world. So I am fully aware I am arrogant & ignorant to even say that to begin with. But I’d rather use that 11K into stocks and not 1 bitcoin. I’d appreciate clarity without harsh remarks please lol. I am open to investing into bitcoin but again 11K!!? Damn. HELP ME my mind is back and forth!', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23vjx/am_i_dumb_af_for_thinking_bitcoin_isnt_worth/', 'i23vjx', [['u/iScry', 20, '2020-08-02 03:40', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23vjx/am_i_dumb_af_for_thinking_bitcoin_isnt_worth/g01ltyu/', "What's more desirable, a penny stock or a google stock? Just because something is cheaper to get doesnt make it a better investment\n\nA high buy in price should actually be a positive sign that the asset you are buying is believed to have strong value.", 'i23vjx'], ['u/bitusher', 13, '2020-08-02 03:54', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23vjx/am_i_dumb_af_for_thinking_bitcoin_isnt_worth/g01n9l2/', 'Look at Bitcoin as the "blue chip" , most secure , and most likely to stay around cryptocurrency that can still dramatically increase in price. Bitcoin is still a risky investment compared to many stocks but since its an uncoorelated asset class you are actually more at risk from not having at least 1-5% exposure to it in your investment portfolio of stocks . If you have 100% stocks you have an unbalanced portfolio and need to hedge in Bitcoin, land, and other investments like cash flow businesses. \n\nRead this to understand the economics of Bitcoin and why its unique - \n\nhttps://medium.com/@vijayboyapati/the-bullish-case-for-bitcoin-6ecc8bdecc1\n\nRead these 2 links before investing - \n\nhttps://www.reddit.com/r/BitcoinBeginners/comments/hvr3hu/i_want_to_learn_how_to_profit_in_bitcoin/fyv0ycs/\n\nhttps://www.reddit.com/r/BitcoinBeginners/comments/g42ijd/faq_for_beginners/\n\nAlso understand that Bitcoin isn\'t just a great investment but a very useful currency that can save you a lot of money using it - https://www.reddit.com/r/BitcoinBeginners/comments/i1coo4/proving_bitcoin_gains_for_taxes/fzwinyw/?context=3', 'i23vjx'], ['u/bluemachete11', 79, '2020-08-02 04:11', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23vjx/am_i_dumb_af_for_thinking_bitcoin_isnt_worth/g01otp5/', 'You can buy fractions of a bitcoin. Buying 11k at once is not the only option. 1 BTC is divisible into 100 million sats.', 'i23vjx'], ['u/TPK001', 45, '2020-08-02 04:38', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23vjx/am_i_dumb_af_for_thinking_bitcoin_isnt_worth/g01rh3i/', "Not too late by any means.\n\n1) Bitcoin at $11.9K has a market cap (220B) that is not too far from Apple's cash on hand (194B). \n\n2) Dollar Cost Average your way in. If you have a 3 year horizon, you'll be way ahead. $50/week, 50/month etc. pick something and stick with it. Run #s here [https://dcabtc.com/](https://dcabtc.com/)\n\n3) As Chamath puts it, think of it as schmuck insurance. You put 1-5% of your net worth in it, and someday it grows to 25%. \n\n4) If you are old enough, think of it as the internet \\~mid to late 90s . Some people (Krugman) thought it would amount to nothing, others thought it reached peak utility and so on.\n\n5) Metcalf's law of Networks is very relevant to valuing the Bitcoin network. Same methodology used on valuing Facebook. [https://www.youtube.com/watch?v=f6CJA421aUo](https://www.youtube.com/watch?v=f6CJA421aUo) \\- if this catches your interest, look @nsquaredcrypto / @canedigital and Tuur Demeester.\n\n6) RealVision is a CNBC type channel - they have many free interviews on YT. Have a look, lots of well known mainstream investors that are into Bitcoin too. Good luck.", 'i23vjx'], ['u/Barnesatron', 12, '2020-08-02 05:01', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23vjx/am_i_dumb_af_for_thinking_bitcoin_isnt_worth/g01tqaa/', "Not at all, quite the opposite actually, bitcoin is an extremely volatile, high risk/high reward asset. Anyone that says otherwise is 100% lying to you.\n\nTo make sure you're aware, you do not have to buy a whole bitcoin. You can buy as little as $10 worth.", 'i23vjx'], ['u/BrugelNauszmazcer', 11, '2020-08-02 16:03', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23vjx/am_i_dumb_af_for_thinking_bitcoin_isnt_worth/g03kbvu/', 'You can also take a loan and buy 2 BTC. Because you can also buy multiples of 1 BTC.', 'i23vjx'], ['u/sarc82', 15, '2020-08-02 16:51', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23vjx/am_i_dumb_af_for_thinking_bitcoin_isnt_worth/g03sd1z/', "most unhelpful thing i've ever felt compelled to upvote lmao", 'i23vjx']]], ['u/ProfessorShanks', 'Let’s pressure/bully bitcoin into breaking 12k. I’ll start', 42, '2020-08-02 05:33', 'https://www.reddit.com/r/Bitcoin/comments/i25i49/lets_pressurebully_bitcoin_into_breaking_12k_ill/', 'You’ll NEVER hit 12k. No balls. Dip like you always do you big baby.', 'https://www.reddit.com/r/Bitcoin/comments/i25i49/lets_pressurebully_bitcoin_into_breaking_12k_ill/', 'i25i49', [['u/AiwaSound', 13, '2020-08-02 05:34', 'https://www.reddit.com/r/Bitcoin/comments/i25i49/lets_pressurebully_bitcoin_into_breaking_12k_ill/g01ww8c/', "I feel like there's gonna be some serious resistance to 12k", 'i25i49'], ['u/BitDepot', 11, '2020-08-02 09:29', 'https://www.reddit.com/r/Bitcoin/comments/i25i49/lets_pressurebully_bitcoin_into_breaking_12k_ill/g02ec4y/', 'This aged well.', 'i25i49']]], ['u/Panda_Procrastinator', 'I have hard evidence that bitcoin will hit $238,900 in this bull run.', 1624, '2020-08-02 05:49', 'https://www.reddit.com/r/Bitcoin/comments/i25pzk/i_have_hard_evidence_that_bitcoin_will_hit_238900/', '​\n\nhttps://preview.redd.it/zeuqmxg5hie51.png?width=867&format=png&auto=webp&s=8b2f30c4c479b5196580cac8b29f870f6646be2b', 'https://www.reddit.com/r/Bitcoin/comments/i25pzk/i_have_hard_evidence_that_bitcoin_will_hit_238900/', 'i25pzk', [['u/MrBlancoWhite', 80, '2020-08-02 05:58', 'https://www.reddit.com/r/Bitcoin/c... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['EOS slid by 10.93% on Sunday. Reversing a 6.71% gain from Saturday, EOS ended the week up by 8.23% to $2.9409.\nIt was a choppy start to the day. EOS rose to an early morning intraday high $3.4852 before hitting reverse.\nEOS broke through the first major resistance level at $3.4029 before tumbling to an early morning intraday low $2.4884.\nThe sell-off saw EOS slide through the day’s major support levels before briefly revisiting $3.0 levels.\nEOS moved back through the third major support level at $2.7121 and the second major support level at $2.9748.\nIt was a bearish 2ndhalf of the day, however. EOS fell back through the second major support level to end the day in the deep red.\nAt the time of writing, EOS was up by 0.75% to $2.9631. A mixed start to the day saw EOS fall to an early morning low $2.9022 before rising to a high $2.9631.\nEOS left the major support and resistance levels untested early on.\nEOS would need to move through the $2.9715 pivot level to support a run at the first major resistance level at $3.4546.\nSupport from the broader market would be needed, however, for EOS to break back through to $3.40 levels.\nBarring another extended crypto rally, the first major resistance level would likely cap any upside.\nFailure to move through the $2.9715 pivot would bring the first major support level at $2.4578 into play.\nBarring an extended sell-off, EOS should steer well clear of the second major support level at $1.9747.\nFirst Major Support Level: $2.4578\nPivot Level: $2.9715\nFirst Major Resistance Level: $3.4546\n23.6% FIB Retracement Level: $6.62\n38% FIB Retracement Level: $9.76\n62% FIB Retracement Level: $14.82\nEthereum fell by 3.92% on Sunday. Partially reversing an 11.69% rally from Saturday, Ethereum ended the week up by 19.52% to $371.21.\nTracking the broader market, Ethereum rallied to an early morning intraday high $415.00 before hitting reverse.\nEthereum broke through the first major resistance level at $406.35 before tumbling to an early morning intraday low $325.75.\nThe selloff saw Ethereum fall through the first major support level at $356.1 before finding support.\nMore significantly, Ethereum also fell through the 38.2% FIB of $367 before the partial recovery.\nEthereum moved back through to $389 levels before falling back to end the day at sub-$380.\nAt the time of writing, Ethereum was up by 1.00% to $375.93. A mixed start to the day saw Ethereum fall to an early morning low $366.34 before rising to a high $376.63.\nWhile leaving the major support and resistance levels untested, Ethereum found support at the 38.2% FIB of $367 early on.\nEthereum would need to avoid a fall through the $371 pivot to support a run at the first major resistance level at $416.22.\nSupport from the broader market would be needed, however, for Ethereum to break out form Saturday’s high $415.00.\nBarring an extended crypto rally, the first major resistance level should cap any upside.\nA fall through the $371 pivot would bring the first major support level at $326.97 into play.\nBarring another extended sell-off, however, Ethereum should steer well clear of the second major support level at $281.74.\nFirst Major Support Level: $326.97\nPivot Level: $371\nFirst Major Resistance Level: $416.22\n23.6% FIB Retracement Level: $257\n38.2% FIB Retracement Level: $367\n62% FIB Retracement Level: $543\nRipple’s XRP fell by 1.25% on Sunday. Following a 12.06% rally on Saturday, Ripple’s XRP ended the week up by 33.50% to $0.28764.\nA bullish start to the day saw Ripple’s XRP rise to an early morning intraday high $0.3262 before hitting reverse.\nRipple’s XRP broke through the first major resistance level at $0.3071 and the second major resistance level at $0.3233.\nThe reversal saw Ripple’s XRP slide through the first major support level at $0.2653 to an intraday low $0.24158.\nSteering clear of sub-$0.24 support levels, Ripple’s XRP revisited $0.30 levels before falling back into the red.\nIn spite of the bearish day, Ripple’s XRP moved back through the first major support level to limit the loss.\nAt the time of writing, Ripple’s XRP was up by 2.95% to $0.29612. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.28383 before rising to a high $0.29661.\nRipple’s XRP left the major support and resistance levels untested early on.\nRipple’s XRP will need to avoid a fall through the $0.2851 pivot to support a run at the first major resistance level at $0.3287.\nSupport from the broader market would be needed, however, for Ripple’s XRP to break out from Saturday’s high $0.3262.\nBarring another broad-based crypto rally, the first major resistance level should cap any upside.\nIn the event of a breakout, Ripple’s XRP could make a run at the second major resistance level at $0.0.3698.\nFailure to avoid a fall through the $0.2851 pivot would bring the first major support level at $0.2441 into play.\nBarring an extended crypto sell-off, Ripple’s XRP should avoid sub-$0.24 levels, however.\nFirst Major Support Level: $0.24441\nPivot Level: $0.2851\nFirst Major Resistance Level: $0.3287\n23.6% FIB Retracement Level: $0.3638\n38.2% FIB Retracement Level: $0.4800\n62% FIB Retracement Level: $0.6678\nPlease let us know what you think in the comments below.\nThanks, Bob\nThisarticlewas originally posted on FX Empire\n• Bitcoin and Ripple’s XRP Weekly Technical Analysis – August 3rd, 2020\n• USD Bears Increase their Bets, on Fragile Economic Macros and Potential Biden Presidency\n• Positives to Outweigh Negatives, Constructive on Stocks and Other Risk Assets: Fidelity’s Timmer\n• Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – August 3rd, 2020\n• The Crypto Daily – Movers and Shakers – August 2nd, 2020\n• U.S Mortgage Rates Slipped Back to sub-3% as Economic Uncertainty Lingered', 'EOS EOS slid by 10.93% on Sunday. Reversing a 6.71% gain from Saturday, EOS ended the week up by 8.23% to $2.9409. It was a choppy start to the day. EOS rose to an early morning intraday high $3.4852 before hitting reverse. EOS broke through the first major resistance level at $3.4029 before tumbling to an early morning intraday low $2.4884. The sell-off saw EOS slide through the day’s major support levels before briefly revisiting $3.0 levels. EOS moved back through the third major support level at $2.7121 and the second major support level at $2.9748. It was a bearish 2 nd half of the day, however. EOS fell back through the second major support level to end the day in the deep red. At the time of writing, EOS was up by 0.75% to $2.9631. A mixed start to the day saw EOS fall to an early morning low $2.9022 before rising to a high $2.9631. EOS left the major support and resistance levels untested early on. For the day ahead EOS would need to move through the $2.9715 pivot level to support a run at the first major resistance level at $3.4546. Support from the broader market would be needed, however, for EOS to break back through to $3.40 levels. Barring another extended crypto rally, the first major resistance level would likely cap any upside. Failure to move through the $2.9715 pivot would bring the first major support level at $2.4578 into play. Barring an extended sell-off, EOS should steer well clear of the second major support level at $1.9747. Looking at the Technical Indicators First Major Support Level: $2.4578 Pivot Level: $2.9715 First Major Resistance Level: $3.4546 23.6% FIB Retracement Level: $6.62 38% FIB Retracement Level: $9.76 62% FIB Retracement Level: $14.82 Ethereum Ethereum fell by 3.92% on Sunday. Partially reversing an 11.69% rally from Saturday, Ethereum ended the week up by 19.52% to $371.21. Tracking the broader market, Ethereum rallied to an early morning intraday high $415.00 before hitting reverse. Ethereum broke through the first major resistance level at $406.35 before tumbling to an early morning intraday low $325.75. Story continues The selloff saw Ethereum fall through the first major support level at $356.1 before finding support. More significantly, Ethereum also fell through the 38.2% FIB of $367 before the partial recovery. Ethereum moved back through to $389 levels before falling back to end the day at sub-$380. At the time of writing, Ethereum was up by 1.00% to $375.93. A mixed start to the day saw Ethereum fall to an early morning low $366.34 before rising to a high $376.63. While leaving the major support and resistance levels untested, Ethereum found support at the 38.2% FIB of $367 early on. For the day ahead Ethereum would need to avoid a fall through the $371 pivot to support a run at the first major resistance level at $416.22. Support from the broader market would be needed, however, for Ethereum to break out form Saturday’s high $415.00. Barring an extended crypto rally, the first major resistance level should cap any upside. A fall through the $371 pivot would bring the first major support level at $326.97 into play. Barring another extended sell-off, however, Ethereum should steer well clear of the second major support level at $281.74. Looking at the Technical Indicators First Major Support Level: $326.97 Pivot Level: $371 First Major Resistance Level: $416.22 23.6% FIB Retracement Level: $257 38.2% FIB Retracement Level: $367 62% FIB Retracement Level: $543 Ripple’s XRP Ripple’s XRP fell by 1.25% on Sunday. Following a 12.06% rally on Saturday, Ripple’s XRP ended the week up by 33.50% to $0.28764. A bullish start to the day saw Ripple’s XRP rise to an early morning intraday high $0.3262 before hitting reverse. Ripple’s XRP broke through the first major resistance level at $0.3071 and the second major resistance level at $0.3233. The reversal saw Ripple’s XRP slide through the first major support level at $0.2653 to an intraday low $0.24158. Steering clear of sub-$0.24 support levels, Ripple’s XRP revisited $0.30 levels before falling back into the red. In spite of the bearish day, Ripple’s XRP moved back through the first major support level to li **Last 60 Days of Bitcoin's Closing Prices:** [9800.64, 9665.53, 9653.68, 9758.85, 9771.49, 9795.70, 9870.09, 9321.78, 9480.84, 9475.28, 9386.79, 9450.70, 9538.02, 9480.25, 9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-03 **Financial & Commodity Data:** - Gold Closing Price: $1966.00 - Crude Oil Closing Price: $41.01 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $205,993,133,500 - Hash Rate: 135674486.510536 - Transaction Count: 333753.0 - Unique Addresses: 708227.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Asbitcointraders struggle to bust through $10,000, there’s a new claimant to the title of Satoshi Nakamoto. CoinDesk’s Markets Daily Podcast is back with your bitcoin news roundup. For early access before our regular noon Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublicaorRSS. This episode is sponsored byBitstampandCiphertrace Today’s bitcoin news: As Bitcoiners Eye Inflation Boost, Wall Street Sees Barely Any for Five Years Bitcoin’s Quiet Progress Is Pointing Toward a Better Future Courtesy of CoinTelegraph:The Escobars Believe They’ve Found the Real Satoshi Related:Bitcoin News Roundup for June 8, 2020 See also:The Power and Peril of the ‘Bitcoin Fixes This’ Meme For early access before our regular noon Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublicaorRSS. • The Revolution Will Be Retweeted: The Breakdown Weekly Recap • The Biggest Realignment in the US-China Relationship Since Nixon, Feat. Graham Webster... - Reddit Posts (Sample): [['u/[deleted]', 'Possibility of a brute forcing industry arising from improvements of mining hardware. When will it be profitable to crack a 12 word phrase?', 15, '2020-08-03 00:05', 'https://www.reddit.com/r/Bitcoin/comments/i2krgx/possibility_of_a_brute_forcing_industry_arising/', 'I was conducting a thought experiment regarding brute forcing mnemonic seeds and wondered what circumstances would have to arise for it become profitable. I know that this would probably never be practical but I was still curious.\n\nthe current hashrate is 110EH per second. so one block for every 66000 Exohashes\n\nassume moores law continues as it has been, if someone knew a wallet had 1 blocks worth of BTC, and ASICs could be created in the future solely for this purpose, when would a 12 word mnemonic seed brute force be profitable?\n\nassuming the checksum is just as hard to crack as the other words to be conservative, the amount of hashes would be 2048\\^(x), where x is the amount of missing words.\n\npunching 2048\\^(x)=66(10\\^21) into wolfram alpha, X approaches 7. so right now the answer is 7.\n\nin 6 years, hashing power of the network has increased approx. 1000 times.\n\nassuming this continues (which it wont due to physical constraints of microelectronics causing diminishing returns) then approx. every 6 years you need an additional word to protect 1 block of btc.\n\n66(10\\^24)=2048\\^x. X will approach 8\n\n2020+6\\*(number of words)=2050 for an additional 5 words.\n\nSo around 2050, cracking a 12 word mnemonic seed would take the network 10 minutes hypothetically. The block reward will be around 6.25/(2\\^7)=0.0488BTC. In 6 more years it would be profitable if the wallet held about 1000 times less.\n\n24 word mnemonic seeds would be safe for much longer', 'https://www.reddit.com/r/Bitcoin/comments/i2krgx/possibility_of_a_brute_forcing_industry_arising/', 'i2krgx', [['u/jcoinner', 13, '2020-08-03 01:07', 'https://www.reddit.com/r/Bitcoin/comments/i2krgx/possibility_of_a_brute_forcing_industry_arising/g05i7am/', "BIP39 uses PBKDF2 with 2048 rounds with HMAC-SHA512. So the mining hardware is not remotely near the same complexity or using the same algorithms. Mining hardware only attains it's speed by pipelining the sha256 cycles and being able to start a new cycle on each increment of input counter, and iirc it uses various shortcuts. It's probably possible, though far more complex, to do this with PBKDF2 but it would not help at all with trying to find a specific seed. You'd have to be scanning all seeds for any wallet, and you would be excluding all wallets with passphrases. PBKDF2 is designed specifically to be slow whereas sha256 was designed to be fast. \n\nThen on each cycle of generating a seed, xprv and xpub you'd have to look up in a utxo table to see if any of first N addresses has an output. This is all vastly slower than the cycle speed of current mining hardware and not something that is improving at the same rate, ie. RAM speeds have peaked for a long time already (assuming you load the utxo set into RAM).\n\nThere are so many differences here you should just throw out any comparison and start from scratch. Any ASIC chip designers putting funds into creating such a chip would be fools. Given how much it costs to design chips and that it's expressly to steal funds I can wager it would never be tried.", 'i2krgx']]], ['u/Philly19111', "Philly's Weekly Watchlist [LONG]", 33, '2020-08-03 01:43', 'https://www.reddit.com/r/pennystocks/comments/i2mdn6/phillys_weekly_watchlist_long/', 'Since a few people appreciated my list last week figured I\'d drop it again for everyone not just the few people that I constantly chat with\n\n8/2 WEEKLY WATCHLIST \xa0\n\n[P.S. Only enter positions you feel the most comfortable with. Your money is your soldier only send him into the battle you think you\'ll win. Some of these I have taken positions. Some I am looking to take positions. I\'ve posted how many shares I own of what multiple times ]\n\n💸PENNIES💸\n\n[💎-Long time gold][⁉️-Could go both ways][🚀Rocket Emoji-I think this is gonna shoot up][🔥-This is a HOT pick][⚠️-Already ran a bit be careful][👀-Watching this one closely]\n\n\n🚀💸PENNYS💸🚀\n\n\n$AMTX - Golden triangle. Looks to still have fuel in the rocket. $1.10-$1.15 imo isn\'t a bad entry. $1.12 is the WEEKLY support. Overall support is a freefall to $0.80 I expect a $1.40-$1.45 run. PR on Tuesday⚠️👀[Rocket Emoji]🚀\n\n$BNGO - Big virtual booth Aug 4-5th. Huge biotech upcoming company. Support at $0.74 & $0.65. Resistance at $0.82 than $0.95. This could rip up with the right volume👀🔥\xa0[Rocket Emoji]🚀\n\n$AIM - Web conference Monday 1:30EST. I honestly see this hitting $5 in the long future but should run up Friday into Monday. About 70% shareholders are breakeven or at a loss. Decent support at $2.72. Godly support at $2.44. Resistance at $3/$3.35.💎🔥👀[Rocket Emoji]🚀\n\n$ATNM - Balance sheet shows easily enough money for another quarter without an offering. Earnings Aug 7th. [Estimated 56% growth]. Sabby is playing with this[scary] but this monster "should" RIP UP! Support is $0.52-$0.54. Weak support at $0.57. Resistances at $0.61/$0.64/$0.68🔥👀[Twitter pumping this too]\n\n$BKYI - African Contracts need to be finalized and this is gonna ZOOM ZOOM ZOOM! Had a single buyer with a 200k share bid at $0.75. Looks like it made a new support at $0.69 off old resistance levels. Seems to be rough resistance at the $0.71-$0.74 range . After that could run $0.77-$0.82🔥👀[Rocket Emoji]🚀\n\xa0\n$BIOC - Insider buys 7/14 of 20k shares. Bullish uptrend. Decent support at $0.68, $0.63 $0.60. DEC 7th until for compliance. So decent amount of time still. I\'m bullish AF to $0.80 Maybe $1. Broke $0.725 resistance. Talks of a RESPLIT THOUGH! 6/25 Golden Cross![Chart if you wanna see just ask] \n\n$CHEK - 70% of shareholders at a lose. Mad support at $0.53 area. Above $0.61 I\'d be super bullish. I see an ascending triangle. This baby wants to break out.Macd is setup perfectly. Volume Friday smacked it up. This company is REALLY dedicated to pushing for $1 for conpliance!🔥💎👀\n\n\xa0$IZEA - AUG 18th Webinar. Tiktok partnership RUMOR?!?! Insane Support at $1.02. Small resistance at $1.47 I see resistances at $1.66👀🔥⚠️[Rocket Emoji]🚀🚀🚀\n\n$SXTC - 99% Shareholders breakeven or at loss. Had Insane support at $0.40-$0.40 and broke down. New support is $0.36. Something tells me this is an EASY gap up to $0.42-$0.44 Low float🔥[Rocket Emoji]🚀\n\n$JFU - UNGODLY OVERSOLD 90% Shareholders breakeven or at a loss. MACD setup on daily. Should EASILY gap up to $2.40-$2.60. BITCOIN PLAY🔥[Rocket Emoji]🚀\n\n$MARA/$RIOT -BTC Plays. Mara imo is the better option. They are debt free vs RIOT 200m debt👀🔥⚠️\xa0[Rocket Emoji]🚀\n\n$ENZ- Has FDA approval noone else has this test. Monopoly. Schools testing. State colleges already buying them.98% shareholders are breakeven or loss! REVENUE UP 121% IN 2019.\xa0 Looks to be at support at $2.35 beyond that around $2.08. Resistainces sitting at around $2.55 and $2.70.👀\n\n$MYT - $0.40 Offering price. I wouldnt mind getting it around $0.38-$0.42. US store in trial phase. \n\n$DLPN - FORSEE a HUGE gap up here! Support at $0.82 than a freefall to $0.49. SMALL resistance at $0.91. Than resistance at $1/$1.07. Had an offering at $1.05 2months ago.Only scarey thing is they might split due to compliance👀[Rocket Emoji]🚀\n\n$LPCN - FDA Approval Aug 28th. This has been a CONSTANT RUNNER 💎🔥[Rocket Emoji]🚀\n\n$BOXL - Offering closed Friday. PR is imminent. 99% Shareholders are at a LOSS! Chart looks like a BULLISH pennant.$2.20 is OKAY support. $1.70 is pretty strong support. $2.30 looks like the first soft resistance. $2.45 gets broken we could see a $3 Run👀\n\n$ONTX - Made compliance on Friday. Massive support at $1.12. Dropping Twitter PR like wildfire. Resistance seems to be in $0.05 invervals starting at $1.20. Afte $1.45 Its a straight RIP up to $2.65👀[Rocket Emoji]\n\n$IDEX - Looks like old$1.38-$1.40 Support is being rebuilt. Bullish as hell if this breaks $1.51. Earnings August 11th🔥👀[Rocket Emoji]🚀\n\xa0\n💰HONORABLE MENTIONS💰 : $VERB - [Offering at $1.10 good around that price]$NAK $UAVS $MVIS $GAU[Gold mine]🔥 $PZG[Gold mine]🔥$JAN🔥👀\n\n💰Non-Pennys💰\n\n$MGM - EPS was BETTER than projected. Revenue in the gutter. Didn\'t have the sell off i thought. Still a good price LONG. MGM is 1/3 casinos with liscensing in Japan. By 2030 this should be a $40-$45 ticker💎🔥⚠️👀\xa0[Rocket Emoji]🚀\n\n$CZR aka $ERI - COME BACK KING! Hasnt been this cheap since 2017. THIS SHOULD RUN UP to $35-$38 shortly. Biggest casino/hotel chain in the WORLD after buying out caesars. Should be $70-$100 ticker by 2030-2035💎🔥⚠️👀\xa0[Rocket Emoji]🚀\n\n$O - MONTHLY dividend. [5% yearly] GREAT LONG term investment. 💎\xa0\n\n$JMIA - Monthly MACD Setup so perfectly for this, Has been running lately but no where near pre-rona levels. HOPING FOR A SELL OFF TO TAKE A POSITION. Offering at $8.59 BUT its a shelf offering which means they don\'t have to sell it currently. This could drop down to that or continue its run until the offering block is dropped.👀⚠️🔥\n\n$CNTG - Around 80-90% shareholders BREAKEVEN or at a LOSS!600 USA school+3 german airports so far.US mobile semi truck lab. So oversold its asking for change!🔥[Rocket Emoji]🚀\n\n$WIMI - $8 OFFERING. I LOVE OFFERING plays without mass dillution<3 🔥💎 👀[Rocket Emoji]🚀\n\n$SPAQ - Tons of pre-orders aka free revenue without advertising. This should take off like NKLA did eventually. 4hr chart approaching oversold. 94% Of shareholders at breakeven or loss! $10.60 is a strong af support. $13.95 is the first real resistance. If this breaks the $12.45/50 range SUPER bullish. Fisker dropping mad PR Hints on twitter 🔥👀[Rocket Emoji]🚀\n\n🔥🌾Gold/Silver🌾🔥\n\n$AGC - 2x silver. Aka silver -1% AGC -2%. This is a day or swing trade. Depreciates🔥\n\n$SLV - Long term silver hold🔥\n\xa0\n$JNUG - 2x Gold/Silver Junior Miners 🔥\n\n$NUGT - 2x Gold/Silver Miners🔥\n\n$GLD - Long t... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['The rain has come. The machines are humming. This should be the best time of the year for China’sbitcoinminers. The monsoon season, generally from June to October, brings excessive rain and thus cheap hydro electricity.\nBut this year is different, proving to be harder than ever for China’s bitcoin miners and mining farm operators who areestimatedto dominate 65% of the global multi-billion dollar bitcoin mining industry.\nSince last summer,many miningfarm operators rushed to build new facilities in China’s southwestern region in anticipation of a dramatic price rise with bitcoin’s halving.\nRelated:Bitcoin Miners Saw 7% Revenue Increase in July\nButmining difficultyhas now almost doubled compared to the monsoon season last year, while block rewards have halved, meaning it is more difficult to mine, with less rewards. Bitcoin miners that have entered the market since last year have to wait much longer to see a return on their investment in mining hardware and facilities.\nThomas Heller, global business director of mining pool F2Pool, summarized the situation in a recentblog post: “We’re halfway through 2020 and the mining industry has already faced several enormous challenges.”\n“Miners had to battle off the macroeconomic black swan of March, pass through the smoke of the halving and a pandemic, and now they’re gearing up for the rest of the year’s competitive battlefield,” he wrote.\nA year with a bitcoin halving and global epidemic rolled into one, it’s truly one of a kind.\nRelated:Marine Corps Bans Crypto Mining Apps From Government-Issued Mobile Devices\nRead more:Bitcoin Mining Difficulty Sets New Record High 2 Months After Halving\nMany miners expected bitcoin’s price to rise sharply after the halving, said Kevin Pan, CEO and co-founder of the China-based PoolIn, one of the two biggest bitcoin mining pools in the world (along with F2Pool).\n“In reality, not only there was not much price momentum driven by halving, there came themega sell-off on March 12, which caused a large scale of forced liquidation and loss,” he said.\nFor two months after halving, bitcoin’s price largely remained static around $9,000. Although it jumped above $10,000 last week and is now changing hands over $11,000, it is still at a similar price level seen at this time last year.\nIn contrast, the network’s mining difficulty rose to an all-time-level within two months after halving. It’s now almost twice as difficult to mine bitcoin compared to last July, while block rewards have halved.\nWithout a significant price breakout, bitcoin miner’s daily revenue has dropped by 70% compared to last year, said Pan, although the recent bitcoin price jump has helped improving the situation.\nIndeed, Bitinfochart’s datashowsbitcoin’s daily mining revenue was around $0.33 per one terahashes second (TH/s) of computing power in July 2019. It has since then declined to now around $0.1 per TH/s.\nMeanwhile, asurgein interest and investment in bitcoin mining since last year have led to a surplus of newly constructed mining facilities in China.\nIn April, the oversupply issue had already shifted the hosting business from a seller’s market to a buyer’s market, with mining farms generally offering a 20% electricity discount compared to last year.\nPan estimates that during this rainy season, 20% to 30% of mining facility capacity in Sichuan and Yunnan provinces still remains unused.\nRead more:China’s Rainy Season Is Coming. This Time Bitcoin Miners Aren’t Investing\nTo be clear, bitcoin miners and mining farms can still make a profit. But they have to endure a much longer period than expected to break even on their investments.\nA payback period of six months to a year used to be common for bitcoin miners in China, but if bitcoin maintains its current prices around $11,000, that could be extended to as long as two years.\n“In the eyes of many old Chinese miners, the electricity price right now is not only lower than the similar situation of the halving and hydro season in 2016, but also even lower than the electricity prices during the 2015 bear market,” said Heller of F2Pool.\nLower electricity may be appealing to miners, but it also means mining farm operators are facing an “unprecedented investment challenge” as the business shifted to a buyer’s market, Heller said.\nDespite this year’s tough market environment, some are still bullish over the long term and are rolling out products to attract investors. Jiang Zhuo’er, CEO and founder of mining pool BTC.Top who also runs his own mining farms, recently launched joint-mining contracts dubbed B.top.\nIt essentially sells mining equipment by TH/s and farm electricity at cost to retailers who want to participate in mining. The company will not charge customers hosting and management fees until the mining profits they receive break even on their investment.\nHashAge and Heng Jia, two long-running bitcoin mining farm operators with over a dozen facilities in Sichuan, also announced a partnership with Chinese crypto lending startup Babel last Friday.\nFlex Yang, CEO and co-founder of Babel, said the firm is allocating up to $50 million inUSDTas a loan for those who choose to host their miners at HashAge and Heng Jia’s facilities.\nIn contrast to previous crypto loans that require borrowers to pledge bitcoin as collateral, this new partnership accepts debtors’ miners hosted at HashAge and Heng Jia as collateral.\nThis effort is also one of the industry’s first in terms of treating specialized mining equipment, known as ASIC miners, as a tradable asset in crypto-based debt financing.\nLuxor, a U.S.-based mining pool, rolled out a bitcoinhashrate price indexearlier last month in an effort to provide better transparency into the traditionally opaque market of how much bitcoin mining equipment is changing hands.\nBut rain cuts both ways for the mining industry. Flooding in China is among the worst in decades, and hasaffectedover 50 million residents, with nearly four million people displaced and over 150 dead or missing.\nThe good news is it could have been much worse. Pan said the flood has so far mainly affected the middle and lower reaches of the Yangtze river.\nSince most mining farms in Sichuan and Yunnan are located along the upper reaches in the mountain area, which are some 1,200 km, or 800 miles, away from the middle reaches, there are fewer instances where facilities are directly flooded due to the rainfall.\nBut Pan said there have been more regular instances of mining farms’ hydropower plants temporarily cutting off electricity generation because the increasing water reserve levels would otherwise cause pressure on the dam.\nThe places that are suffering the most severe damage so far are provinces in Central China including Jiangxi, Hubei, Hunan and Anhui provinces, asillustratedin this multimedia article from the South China Morning Post.\nJohnson Xu, chief analyst at Beijing-based research startup TokenInsight, said mining farm operators nowadays are more experienced in choosing the right location for construction, after witnessing events in previous years where facilities were destroyed by floods and mudslides.\n“Chinese mining farms have already conducted thorough due diligence to pick the locations where potential flooding risk is minimal,” so the floods haven’t caused a major impact on the mining community, said Xu.\nRead more:Bitcoin Miners Halt Operations as Rainstorm Triggers Mudslides in China\nAnother reason why there are too many bitcoin mining farms is thepushby local governments in Sichuan for establishing the so-called “Demonstration Zone for Utilizing Excessive Hydropower Electricity” since late last year.\nMining farms and hydropower plants that choose to be based in these industrial parks can typically enjoy a stable operational environment with a steady and cheap power supply. In return, they give a portion of their profits to local governments as well as China’s State Grid, the state-owned utility monopoly.\nIn previous years, many mining farms in Sichuan and Yunnan have been using what’s called “direct-supply” electricity. That means power plants sell electricity directly to mining farm operators without having to share the profits with other parties.\nAs local governments have stepped up efforts to rectify the “direct-supply” model adopted by many power plants, this has created a sort of tug of war among local governments, hydropower plants as well as the State Grid, Pan said.\nSome bitcoin mining farm operators using “direct-supply” electricity wish to sell their facilities at a low valuation given tough market conditions. This tug-of-war will continue to be a risk factor for potential investors in those mining farms.\n“Overall, the latest regulatory policies in China tend to have a negative impact on those unregulated smaller mining farms, but positive towards firms who meet the local regulatory requirements,” Xu added.\n• The 2020 Rainy Season Is Tougher Than Ever for China’s Bitcoin Miners\n• The 2020 Rainy Season Is Tougher Than Ever for China’s Bitcoin Miners', 'The rain has come. The machines are humming. This should be the best time of the year for China’s bitcoin miners. The monsoon season, generally from June to October, brings excessive rain and thus cheap hydro electricity. But this year is different, proving to be harder than ever for China’s bitcoin miners and mining farm operators who are estimated to dominate 65% of the global multi-billion dollar bitcoin mining industry. Since last summer, many mining farm operators rushed to build new facilities in China’s southwestern region in anticipation of a dramatic price rise with bitcoin’s halving. Related: Bitcoin Miners Saw 7% Revenue Increase in July But mining difficulty has now almost doubled compared to the monsoon season last year, while block rewards have halved, meaning it is more difficult to mine, with less rewards. Bitcoin miners that have entered the market since last year have to wait much longer to see **Last 60 Days of Bitcoin's Closing Prices:** [9665.53, 9653.68, 9758.85, 9771.49, 9795.70, 9870.09, 9321.78, 9480.84, 9475.28, 9386.79, 9450.70, 9538.02, 9480.25, 9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-04 **Financial & Commodity Data:** - Gold Closing Price: $2001.20 - Crude Oil Closing Price: $41.70 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $205,993,133,500 - Hash Rate: 121437040.395232 - Transaction Count: 329032.0 - Unique Addresses: 708169.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.72 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: New Zealand police have seized NZ$140 million (US$90 million) in bank funds linked to Alexander Vinnik, a Russian alleged to have been the controller of the now-defunct BTC-e cryptocurrency exchange. The seizure of funds, which were controlled by a New Zealand-registered company, is said to be the largest in the country’s history by federal police. The force’s Asset Recovery Unit moved to freeze the funds amid a global investigation into the activities of the exchange and its operators,according to a reportby news source NZ Herald. U.S. prosecutors have alleged that Vinnik controlled BTC-e, abitcoinexchange used to launder billions of dollars for criminal enterprises. Vinnik, who has been denying the charges forup to three years, was arrested based on extradition orders from the U.S. while on holiday with family in Greece in 2017. Related:Market Wrap: Bitcoin Hits $9.6K as Bullish Crypto Sentiment Returns New Zealand police allege the exchange had no anti-money laundering (AML) controls in place, resulting in criminals laundering crime-related proceeds through the platform. See also:Crypto Exchange Owner Admits Laundering $1.8M in Online Auctions Fraud “New Zealand Police has worked closely with the Internal Revenue Service of the United States to address this very serious offending,” Police Commissioner Andrew Coster said. “These funds are likely to reflect the profit gained from the victimisation of thousands, if not hundreds of thousands, of people globally as a result of cyber-crime and organised crime.” Vinnik is now in custody in France afterbeing extradited earlier this yearfollowing a ruling from Greece’s Council of State, the country’s supreme administrative court on January 23. Related:Liquidity on Bitcoin Perpetuals Exchange FTX Catches Up to Industry Leader BitMEX French officials havesince charged himwith counts of extortion, aggravated money laundering, conspiracy and harming automatic data-processing systems for his alleged involvement in laundering money for criminals. • New Zealand Police Seize $90M Linked to Alleged BTC-e Exchange Operator • New Zealand Police Seize $90M Linked to Alleged BTC-e Exchange Operator... - Reddit Posts (Sample): [['u/ColinTalksCrypto', "I prefer jtoomim's aserti3-2d Difficulty Adjustment Algorithm over Bitcoin ABC's Grasberg. That is all.", 121, '2020-08-04 00:45', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/', 'Oh yeah. Read this.\n\nhttps://read.cash/@jtoomim/dark-secrets-of-the-grasberg-daa-a9239fb6', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/', 'i37fmz', [['u/ColinTalksCrypto', 21, '2020-08-04 00:56', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/g09mxsy/', "Tweeted /u/jtoomim's article for additional exposure:\n\nhttps://twitter.com/ColinTCrypto/status/1290419361652629504", 'i37fmz'], ['u/MoonNoon', 15, '2020-08-04 01:38', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/g09rsm6/', 'Thank you for speaking up. You should ping miners too. Although I wonder how direct of a contact PR has to the bigwigs but I imagine if enough people tweeted they would have to at least mention it to them.', 'i37fmz'], ['u/[deleted]', 11, '2020-08-04 01:46', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/g09smz2/', 'Colin glad to see this.', 'i37fmz'], ['u/mtrycz', 18, '2020-08-04 01:47', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/g09squr/', "Have you already had the time to read Mr Toomim's article?", 'i37fmz'], ['u/jonald_fyookball', 22, '2020-08-04 02:29', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/g09xdxd/', 'Never a dull moment right? :)', 'i37fmz'], ['u/shredthefed', 25, '2020-08-04 03:03', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/g0a169q/', 'After 3 years of this and the previous 3 fighting with Blockstream, I think we could use some dull for a change.', 'i37fmz'], ['u/spe59436-bcaoo', 10, '2020-08-04 03:15', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/g0a2h4l/', '>I see this as an emotionally reactive "burn down ABC no matter the cost to BCH" strategy\n\nActually, it\'s "we not follow them on Grasberg"', 'i37fmz'], ['u/cassydd', 10, '2020-08-04 10:50', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/g0b4dsj/', 'I don\'t have the background to weigh in on the technical merits, but "drift correction" seems utterly nuts to the point where no technical benefit could possibly compensate for all of the disadvantages and all of the vested interests and ordinary users that it screws over. It\'s some BSV-level nonsense.', 'i37fmz']]], ['u/Rawlsdeep', 'Who is supporting Bitcoin ABCs DAA plan?', 21, '2020-08-04 01:26', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/', 'I’m just curious to hear from the folks that support Bitcoin ABCs proposed DAA plan.\n\nI’m curious to hear your viewpoints, but a ‘I do’ would be just fine too.', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/', 'i384tv', [['u/bUbUsHeD', 19, '2020-08-04 02:14', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/g09vqi0/', "Generally I have been supportive of the decisions made by ABC in the past and satisfied with the quality of their output, but this time I admit it's not the case.\n\nMy biggest problem with the ABC DAA is that they are making a change that effects users / usability without any prior long term plan for it, but they have presented no evidence they negotiated this change at least with major economic players and investors in the BCH ecosystem. I don't expect them to base the decision on reading Twitter and Reddit posts, but it is their job to have established communication channels with all the important economic actors and always act on feedback received from them.\n\nI would like to see all the major (non developer) players come together on this and speak out.", 'i384tv'], ['u/cryptocached', 11, '2020-08-04 03:17', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/g0a2pbd/', ">Also, I am okay with fixing past drift correction. BCH already has a precedent in fixing the past bugs.\n\nDrift isn't a bug.", 'i384tv'], ['u/shredthefed', 10, '2020-08-04 03:21', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/g0a37ek/', '>BCH already has a precedent in fixing the past bugs. For example, we recovered all BCH sent to Segwit addresses in the past. So, this idea is not that far fetched.\n\nHelping out unfortunate accounts with locked SegWit funds didn\'t slow down confirmations and mining payouts for half of a decade as a result, so this is a poor example. The SegWit refund was also a one time event never to be done again.\n\nYes, Glasberg is far fetched. Fixing yesterday at *the expense of today* is ludicrous. \n\nWhen is fixing a problem *with a new problem* a good idea? Any "bug fix" that degrades the user experience and reliability should not even be a debate, its bad engineering then to be ignored.', 'i384tv'], ['u/JonathanSilverblood', 12, '2020-08-04 04:44', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/g0acaho/', "I agree that if there had been drift correction in the DAA from genesis that satoshi wrote, then all this would be a non-issue. It would've been great if the DAA's historically had not accumulated drift the way they have.", 'i384tv'], ['u/Means_of_Exchange', 11, '2020-08-04 05:44', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/g0aifzg/', "Don't you have AVAX to shill?", 'i384tv'], ['u/cryptocached', 10, '2020-08-04 05:56', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/g0ajl1g/', 'That was a subtle jab at the fact that Grasberg would be the third flawed DAA change by u/deadalnix.', 'i384tv'], ['u/mjh808', 14, '2020-08-04 06:01', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/g0ak45v/', "I believe that's what jtoomim's DAA does.", 'i384tv'], ['u/BigBlockIfTrue', 10, '2020-08-04 13:19', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/g0bdilt/', "> Amaury's proposal is the one that corrects the drift without changing the emission policy hence, conserving Bitcoin Cash hard money property.\n\nYou should read [this](https://read.cash/@jtoomim/dark-secrets-of-the-grasberg-daa-fae20a2d#2-grasberg-will-change-the-bch-coin-emission-schedule)", 'i384tv']]], ['u/uxWhiteSwan', 'ABC is run by all exchanges and most miners. This is unlikely to change', 12, '2020-08-04 04:15', 'https://www.reddit.com/r/btc/comments/i3atk3/abc_is_run_by_all_exchanges_and_most_miners_this/', 'We saw from the BTC/BCH and BCH/BSV split that the incumbent keeps the ticker symbol and majority hashrate and infrastructure. \n\n​\n\n"Gettting rid" of ABC like what everyone is trying to do right now will cause a split and ABC will keep the above.\n\nMost likely every decision made by the ABC team was thoroughly vetted by the miners that pay them. None of this is random. They will not abandon ABC. Also I don\'t hear anything from the Asian community. Maybe someone has communications? \n\nSo what is actually being accomplished here? a minority fork without ABC? Again, miners will continue with the incumbent. Exchanges, crypto wallets and most infrastructure will remain under the BCH ticker that is associated with ABC. \n\nWhat is the plan to change that? is that even possible?', 'https://www.reddit.com/r/btc/comments/i3atk3/abc_is_run_by_all_exchanges_and_most_miners_this/', 'i3atk3', [['u/shredthefed', 18, '2020-08-04 05:07', 'https://www.reddit.com/r/btc/comments/i3atk3/abc_is_run_by_all_exchanges_and_most_miners_this/g0aern4/', 'ABC\'s plan literally requires miners to take a paycut because block times would be lengthened. Miners follow the profit. They will change because its in their best interest to as ABC is again trying to alter mining incentives against them for stupid reasons. \n\nExchanges probably won\'t be too happy that it would take even longer to get through their high confirmation limits for deposits.\n\nDevelopers who\'s dapps were based on contracts won\'t be happy because all of that will need re-done with a different block timing. \n\nEvery day users have to wait a bit longer for confirmations. Have you ever gone to your bank and asked them to waste your time just because?\n\n**Exactly no one is helped by Glasberg, only burdened**\n\nWhat is being accomplished is stripping out yet another bad actor that has drug this community down for far too long by obstructing meaningful change and putting egotistic nonsense ahead of everything else.\n\nIf "BCH" is just ABC in the end, the hell with it then. I supported the split because Core abandoned Satoshi\'s ideology and architecture, if ABC does the same then Im supporting something else, if it has a new name and ticker so be it, Ill have both coins to do with what I wish. \n\nThe splits will continue until one of these chains has finally purged all of the poison.', 'i3atk3'], ['u/lechango', 19, '2020-08-04 05:14', 'https://www.reddit.com/r/btc/comments/i3atk3/abc_is_run_by_all_exchanges_and_most_miners_this/g0afgaa/', "If a corrupted incumbent can never be kicked out, there's no point in even continuing to try this experiment. It will definitely be tough, but not impossible, to rally exchange and wallet support against a corrupt incumbent, if those flip then the miners do too.", 'i3atk3'], ['u/JonathanSilverblood', 10, '2020-08-04 05:37', 'https://www.reddit.com/r/btc/comments/i3atk3/abc_is_run_by_all_exchanges_and_most_miners_this/g0ahrou/', '> Let’s hope..\n\nOr you could, you know, just talk with them?', 'i3atk3'], ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, fell by 0.38% on Tuesday. Partially reversing a 1.52% gain from Monday, Bitcoin ended the day at $11,184.0. It was a bullish start to the day. Bitcoin rose to an early morning intraday high $11,396.0 before hitting reverse. Falling short of the first major resistance level at $11,474, Bitcoin slid to an early afternoon intraday low $11,003.0. Steering clear of the first major support level at $10,961, Bitcoin briefly revisited $11,260 levels before falling back into the red. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Tuesday. Tezos rallied by 6.32% to lead the way. Binance Coin (+0.95%), Bitcoin Cash SC (+5.76%), Cardano’s ADA (+4.42%), Ethereum (+0.92%), Stellar’s Lumen (+5.51%), and Tron’s TRX (+2.35%) also found support. It was a bearish day for the rest of the majors, however. Bitcoin Cash ABC (-2.10%), EOS (-0.53%), Litecoin (-1.54%), Monero’s XMR (-2.32%), and Ripple’s XRP (-2.90%) saw red on the day. At the start of the week, the crypto total market cap rose from a Monday low $323.12bn to a Monday high $345.20bn. At the time of writing, the total market cap stood at $333.57bn. Bitcoin’s dominance fell from a Monday high 62.43% to a Tuesday low 61.21%. At the time of writing, Bitcoin’s dominance stood at 61.74%. This Morning At the time of writing, Bitcoin was down by 0.26% to $11,155.0. A bearish start to the day saw Bitcoin fall from an early morning high $11,213.1 to a low $11.085.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV bucked the trend early on, rising by 0.03%. It was a bearish start for the rest of the majors, however. At the time of writing, Tezos (-2.93%), Stellar’s Lumen (-2.86%), and Ripple’s XRP (-2.64%) led the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to move through the $11,194 pivot to support a run at the first major resistance level at $11,386. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,300 levels. Barring an extended crypto rally, the first major resistance level and Tuesday’s high $11,396 would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,587. Expect plenty of resistance at $11,500, however. Failure to move through the $11,194 pivot level would bring the first major support level at $10,993 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,800 levels on the day. The second major support level at $10,801 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Price Prediction – Prices Continue to Rally as Momentum Turns Positive EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – August 5th, 2020 Walt Disney Q3 Revenue Slumps Over 40% as COVID-19 Pandemic Bites; Target Price $80 in Worst-Case Scenario EUR/USD Mid-Session Technical Update for August 4, 2020 Natural Gas Price Fundamental Daily Forecast – The Heat is On; Reaction to $2.149 Sets the Tone GBP/USD Wave C Bounce at 144 ema and 1.30 Support', 'Bitcoin, BTC to USD, fell by 0.38% on Tuesday. Partially reversing a 1.52% gain from Monday, Bitcoin ended the day at $11,184.0.\nIt was a bullish start to the day. Bitcoin rose to an early morning intraday high $11,396.0 before hitting reverse.\nFalling short of the first major resistance level at $11,474, Bitcoin slid to an early afternoon intraday low $11,003.0.\nSteering clear of the first major support level at $10,961, Bitcoin briefly revisited $11,260 levels before falling back into the red.\nThe near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day for the majors on Tuesday.\nTezos rallied by 6.32% to lead the way.\nBinance Coin (+0.95%), Bitcoin Cash SC (+5.76%), Cardano’s ADA (+4.42%), Ethereum (+0.92%), Stellar’s Lumen (+5.51%), and Tron’s TRX (+2.35%) also found support.\nIt was a bearish day for the rest of the majors, however.\nBitcoin Cash ABC (-2.10%), EOS (-0.53%), Litecoin (-1.54%), Monero’s XMR (-2.32%), and Ripple’s XRP (-2.90%) saw red on the day.\nAt the start of the week, the crypto total market cap rose from a Monday low $323.12bn to a Monday high $345.20bn. At the time of writing, the total market cap stood at $333.57bn.\nBitcoin’s dominance fell from a Monday high 62.43% to a Tuesday low 61.21%. At the time of writing, Bitcoin’s dominance stood at 61.74%.\nAt the time of writing, Bitcoin was down by 0.26% to $11,155.0. A bearish start to the day saw Bitcoin fall from an early morning high $11,213.1 to a low $11.085.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day. Bitcoin Cash SV bucked the trend early on, rising by 0.03%.\nIt was a bearish start for the rest of the majors, however. At the time of writing, Tezos (-2.93%), Stellar’s Lumen (-2.86%), and Ripple’s XRP (-2.64%) led the way down.\nBitcoin would need to move through the $11,194 pivot to support a run at the first major resistance level at $11,386.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $11,300 levels.\nBarring an extended crypto rally, the first major resistance level and Tuesday’s high $11,396 would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,587. Expect plenty of resistance at $11,500, however.\nFailure to move through the $11,194 pivot level would bring the first major support level at $10,993 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,800 levels on the day. The second major support level at $10,801 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• Natural Gas Price Prediction – Prices Continue to Rally as Momentum Turns Positive\n• EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – August 5th, 2020\n• Walt Disney Q3 Revenue Slumps Over 40% as COVID-19 Pandemic Bites; Target Price $80 in Worst-Case Scenario\n• EUR/USD Mid-Session Technical Update for August 4, 2020\n• Natural Gas Price Fundamental Daily Forecast – The Heat is On; Reaction to $2.149 Sets the Tone\n• GBP/USD Wave C Bounce at 144 ema and 1.30 Support', '30% growth from June to July\nVancouver, British Columbia--(Newsfile Corp. - August 5, 2020) -Hello Pal International Inc.(CSE: HP) (FSE: 27H) (OTC Pink: HLLPF) ("Hello Pal" or the "Company"), a provider of rapidly growing international live-streaming, social messaging and language learning mobile apps, is pleased to announce that it achieved record receipts in July 2020 as set forth below:\nLivestreaming Service\nHello Pal\'s livestreaming service achieved record receipts of approximately $1,425,000* in July 2020 for a three-month total of $3,689,250*. Three consecutive monthly receipts of over $1,000,000* is a significant milestone as it results in Hello Pal\'s Asian subsidiaries to be cash-flow positive (see chart below).\nFigure 1: Receipts Chart\nTo view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/4359/61060_7e189f25d4638801_001full.jpg\n"We\'re very pleased to have achieved yet another significant milestone in our Company\'s growth with a 30% increase in receipts from June to July," said KL Wong, Founder and Chairman of the Company.\nUser Base Performance\nAs of the date of the news release, Hello Pal\'s registered user base is over 5.1 million users from over 200 countries and regions. The positive increase in registered users continues to be driven by our livestream service.\nThe livestreaming service continues to be active with over 10,000 active daily users interacting with one another.\nThe Company continues to see the daily number of users making top-up payments increase every month. With a significant increase in user engagement on the Hello Pal platform, the company expects this to continue as new features are rolled-out.\n"We are pleased our company is truly global, and will continue to rollout new products, features, to reach new markets. This provides users a social platform diversification that is less restrictive that others," said Hans Xu, Advisor of the Company\n------\nTo download Hello Pal, Language Pal, Travel Pal or the proprietary Phrasebooks please visit the IOS or Android store. For information with respect to the Company or the contents of this news release, please contact the Company at (604) 683-0911 or visit the website athellopal.com. Email inquiries can be directed to:[email protected].\nAbout the Hello Pal Platform\nThe Hello Pal Platform is a proprietary suite of mobile applications built on a user-friendly messaging interface that focus on social interaction, language learning and travel. Hello Pal, has been designed from the ground up to be easy to use and enables users\' the freedom to speak in their own language regardless of the other person\'s language they are speaking to. Hello Pal\'s overriding mission is to bring the world closer together through social interaction, language learning and travel. By creating a platform where it is easy to instantly interact with others around the world and giving them the tools to communicate with each other in a joyful and fun way, we hope to do our part (however small) in fostering understanding and tolerance between all citizens of the world.\nThe Hello Pal platform also includes a proprietary digital wallet allowing users to store and transfer popular digital assets **Last 60 Days of Bitcoin's Closing Prices:** [9653.68, 9758.85, 9771.49, 9795.70, 9870.09, 9321.78, 9480.84, 9475.28, 9386.79, 9450.70, 9538.02, 9480.25, 9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-05 **Financial & Commodity Data:** - Gold Closing Price: $2031.10 - Crude Oil Closing Price: $42.19 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $214,663,305,153 - Hash Rate: 108037091.110241 - Transaction Count: 291814.0 - Unique Addresses: 655315.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin endured a painful weekend of price action as it lost significant ground on the $10,000 level of resistance. The world’s largest cryptocurrency fell to as low as $8,900 on some exchanges before it established a level of support above $9,000. The dramatic 4.82% move to the downside comes after six weeks of stagnant price action beneath $10,000 despite two failed attempts at breaking above $10,500. The lack of recent volatility indicates that price is coiling up ahead of a major move in the coming weeks, although it seems more unlikely that it will break $10,500. What’s more likely is a further correction to the downside with $8,830 and $7,800 being two key levels of support to look out for. With the hype of optimism surrounding the recent halving now having subsided, Bitcoin needs a fundamental catalyst if it wants to drive towards a new all-time high in 2020. Whether it be increased retail adoption or institutional investment remains unclear, but what is clear is that buyers are showing signs of exhaustion in this current range. At the time of writing Bitcoin is trading at $9,102, a break below $8,900 on significant volume would set up an initial move to $8,150 that could extend as far as $7,800 depending on the amount of liquidations on derivative exchanges. For more news, guides and cryptocurrency analysis, click here . Bitcoin pricing Current live BTC pricing information and interactive charts are available on our site 24 hours a day. The ticker bar at the bottom of every page on our site has the latest Bitcoin price. Pricing is also available in a range of different currency equivalents: US Dollar – BTCtoUSD British Pound Sterling – BTCtoGBP Japanese Yen – BTCtoJPY Euro – BTCtoEUR Australian Dollar – BTCtoAUD Russian Rouble – BTCtoRUB About Bitcoin In August 2008, the domain name bitcoin.org was registered. On 31st October 2008, a paper was published called “Bitcoin: A Peer-to-Peer Electronic Cash System”. This was authored by Satoshi Nakamoto, the inventor of Bitcoin. To date, no one knows who this person, or people, are. Story continues The paper outlined a method of using a P2P network for electronic transactions without “relying on trust”. On January 3 2009, the Bitcoin network came into existence. Nakamoto mined block number “0” (or the “genesis block”), which had a reward of 50 Bitcoins. More BTC news and information If you want to find out more information about Bitcoin or cryptocurrencies in general, then use the search box at the top of this page. Here’s an article to get you started. As with any investment, it pays to do some homework before you part with your money. The prices of cryptocurrencies are volatile and go up and down quickly. This page is not recommending a particular currency or whether you should invest or not. Disclaimer: The views and opinions expressed by the author should not be considered as financial advice.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['The escalating\xa0internal power struggle at Bitmain is starting to have a more serious impact on its business and customers.\n• The Beijing-basedbitcoinminer maker said via the official WeChat account of its AntMiner brand Thursday that customers whose equipment were due in June and July will have to wait until September and October.\n• The delay is caused by “external interference over the company’s management,” the official accountsaid.\n• It’s important to note that bitcoin miners are typically sold via pre-orders, which must be made two to three months in advance.\n• That means customers who ordered the June and July batches could have placed their orders as early as March and April.\n• The delay comes amid the escalating fight for control of Bitmain between its two co-founders, Wu Jihan and Micree Zhan Ketuan, which has essentially “hard-forked” the firm’s bitcoin miner production.\n• Currently, the official WeChat account of the AntMiner brand is controlled by Wu’s faction within the firm.\n• Zhan was ousted by Wu in October, but returned to power in June and has controlled Bitmain’s Shenzhen-based factory since then.\n• The situation threatens to become a kind of stalemate: Zhan’s side will likely not have an easier time with shipments either, as Wu also controls the miner chip supply chain via Beijing Bitmain’s parent entity in Hong Kong.\n• Bitmain is now offering two mutually exclusive options for customers whose orders are delayed.\n• The first option is to send Bitmain a written request to speed up the delivery. If they still don’t receive their machines 60 days after the notice, they can request a refund.\n• The second is to wait patiently until the actual delivery, with Bitmain saying it will compensate customers with their theoretical mining revenue between now and delivery in the form of cash coupons to be used in future purchases.\nRead more:Power Struggle Inside Bitmain ‘Hard Forks’ Bitcoin Miner Production\n• Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On\n• Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On\n• Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On\n• Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On', 'The escalating\xa0internal power struggle at Bitmain is starting to have a more serious impact on its business and customers. The Beijing-based bitcoin miner maker said via the official WeChat account of its AntMiner brand Thursday that customers whose equipment were due in June and July will have to wait until September and October. The delay is caused by \x93external interference over the company\x92s management,\x94 the official account said . It\x92s important to note that bitcoin miners are typically sold via pre-orders, which must be made two to three months in advance. That means customers who ordered the June and July batches could have placed their orders as early as March and April. The delay comes amid the escalating fight for control of Bitmain between its two co-founders, Wu Jihan and Micree Zhan Ketuan, which has essentially \x93hard-forked\x94 the firm\x92s bitcoin miner production. Currently, the official WeChat account of the AntMiner brand is controlled by Wu\x92s faction within the firm. Zhan was ousted by Wu in October, but returned to power in June and has controlled Bitmain\x92s Shenzhen-based factory since then. The situation threatens to become a kind of stalemate: Zhan\x92s side will likely not have an easier time with shipments either, as Wu also controls the miner chip supply chain via Beijing Bitmain\x92s parent entity in Hong Kong. Bitmain is now offering two mutually exclusive options for customers whose orders are delayed. The first option is to send Bitmain a written request to speed up the delivery. If they still don\x92t receive their machines 60 days after the notice, they can request a refund. The second is to wait patiently until the actual delivery, with Bitmain saying it will compensate customers with their theoretical mining revenue between now and delivery in the form of cash coupons to be used in future purchases. Read more: Power Struggle Inside Bitmain \x91Hard Forks\x92 Bitcoin Miner Production Related Stories Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On', 'The escalating\xa0internal power struggle at Bitmain is starting to have a more serious impact on its business and customers.\n• The Beijing-basedbitcoinminer maker said via the official WeChat account of its AntMiner brand Thursday that customers whose equipment were due in June and July will have to wait until September and October.\n• The delay is caused by “external interference over the company’s management,” the official accountsaid.\n• It’s important to note that bitcoin miners are typically sold via pre-orders, which must be made two to three months in advance.\n• That means customers who ordered the June and July batches could have placed their orders as early as March and April.\n• The delay comes amid the escalating fight for control of Bitmain between its two co-founders, Wu Jihan and Micree Zhan Ketuan, which has essentially “hard-forked” the firm’s bitcoin miner production.\n• Currently, the official WeChat account of the AntMiner brand is controlled by Wu’s faction within the firm.\n• Zhan was ousted by Wu in October, but returned to power in June and has controlled Bitmain’s Shenzhen-based factory since then.\n• The situation threatens to become a kind of stalemate: Zhan’s side will likely not have an easier time with shipments either, as Wu also controls the miner chip supply chain via Beijing Bitmain’s parent entity in Hong Kong.\n• Bitmain is now offering two mutually exclusive options for customers whose orders are delayed.\n• The first option is to send Bitmain a written request to speed up the delivery. If they still don’t receive their machines 60 days after the notice, they can request a refund.\n• The second is to wait patiently until the actual delivery, with Bitmain saying it will compensate customers with their theoretical mining revenue between now and delivery in the form of cash coupons to be used in future purchases.\nRead more:Power Struggle Inside Bitmain ‘Hard Forks’ Bitcoin Miner Production\n• Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On\n• Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On\n• Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On\n• Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On', 'DUBAI, United Arab Emirates, Aug. 06, 2020 (GLOBE NEWSWIRE) -- WEI Art Collections (https://weiartcollections.art) has stayed true to the meaning of their name with a new art collection. WEI means extraordinary and WEI Art Collections is again set to excite the creative industry with their latest multi-million-dollar contemporary private art collection to celebrate blockchain technology. The new series is an unprecedented fusion of crypto-currency and art.\nWEI Art Collections has carved a niche for creating the finest, most extraordinary abstract, contemporary, and crypto art. With a team of talented and well-respected artists from different parts of the world, representing numerous cultural, ethnic, and racially diverse creative talent, the platform has provided art collectors as well as corporate and technology leaders with an opportunity to acquire exclusive works of art from the WEI Art Collections series.\nThe WEI Art Collections Innovation Series are specifically put together for crypto-currency whales, art buyers, and advocates of the blockchain technology. The series also has its obvious appeal to professionals in the financial sector. The latest collection is coming at the most ideal time, with the world rapidly embracing the features and benefits of crypto-currency and blockchain technology.\nIn the fall of 2018, Adam Lindemann stated in an article in Bloomberg news by Katya Kazakina (https://bloom.bg/3eYwpla) on November 29 as follows: "Everyone is talking about blockchain, but no one really understands it." Adam is a billionaire and abstract contemporary art collector, amongst the world\'s leading art collectors. He noted, "This is the right time to think about art and tech."\nAs the mp3 file undeniably influenced and redefined how the world listens to music, blockchain technology is about to be applied in numerous industries. The use of crypto-currency has become increasingly popular in recent times, with experts predicting growth to the tune of tens of trillions of dollars in the near future. The International Monetary Fund has also substantiated the claim, commenting on the advantages, stability crypto-currency values will enjoy as world economies, and fiat currencies continue to falter. However, the creative industry has been seemingly silent on the subject of crypto-currency and this is where WEI Art Collections is looking to change the narrative with the WEI Art Collections Innovation Series.\nWEI Art Collections initially features the top three of the most prominent crypto-currencies destined for global dominance in the blockchain, global banking, and financial industries. There is also the Innovation Series 21 featuring 21 unique works, developed exclusively featuring Bitcoin. The series is developed in commemoration of Bitcoins issuance of 21 million coins. WEI Art Collections exemplifies the pinnacle of the crypto-art medium, engaging and employing emerging artists directly.\nThe mission of WEI Art Collections is to be amongst the premier contemporary abstract and cryptography art designers/producers/collectors, featu **Last 60 Days of Bitcoin's Closing Prices:** [9758.85, 9771.49, 9795.70, 9870.09, 9321.78, 9480.84, 9475.28, 9386.79, 9450.70, 9538.02, 9480.25, 9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-06 **Financial & Commodity Data:** - Gold Closing Price: $2051.50 - Crude Oil Closing Price: $41.95 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $214,663,305,153 - Hash Rate: 130649505.528664 - Transaction Count: 356612.0 - Unique Addresses: 762479.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: One shadowy group of cyber criminals might be behind attacks on various crypto exchanges (including “decentralized” exchanges) dating back to 2018, Israeli cybersecurity firm ClearSky claimed in a reportreleasedon Wednesday. “We estimate that the group managed to rake in more than $200 million in two years,” the ClearSky report says about the cybercriminal collective the report calls CryptoCore. “We assess with medium level of certainty that the threat actor has links to the East European region, Ukraine, Russia or Romania in particular.” ClearSky co-founder Boaz Dolev said his firm found at least five exchange hacks over the past two years that followed a particular pattern, though he declined to identify these exchanges on the record. Related:The COVID-19 E-Commerce Boom Hasn't Trickled Down to Bitcoin, Despite Advantages “They can attack very quickly,” Dolev said of CryptoCore, which he claimed once deployed an attack just 12 hours after registering fresh domain names. “They’re not a big group, maybe three to four people … a small but effective operation.” So far, ClearSky estimates the cyber criminal group stole $200 million over the past two years. Other firms have called the same group different names, such as “Leery Turtle.” Or Blatt, ClearSky’s threat intelligence team leader, said he believes the alleged thieves are rogues without military training or support. He described the attacks as “much less sophisticated” than ones conducted by Russian military intelligence officers indicted for influencingAmerican electionswhile usingbitcoinin 2016. “They are cyber criminals and we know of other similar cybercrime groups,” Blatt said. “In order for such an attack to succeed, usually the [crypto exchange] employees need to be vulnerable to social engineering … [We] didn’t see this attacker exploiting VPN [virtual private networks], for example, which is something we often see with other groups.” Related:Market Wrap: A Sea of Red Across Markets as Bitcoin Drops to $9.2K Dolev said crypto exchanges that don’t use the same level of security practices as banks are vulnerable to such attacks. The report details how the hacker group allegedly gained access to several exchange executives’ private email accounts, then used spear-phishing – impersonating a high-ranking employee – “either from the target company itself or from a company that deals with the target,”  to acquire information that grants access to crypto wallets. Nicholas Percoco, head of security at the crypto exchange Kraken, said, “We routinely see attempts through multiple attack vectors, including social engineering attempts,” so his company often shares information with other exchanges targeted by such criminal campaigns. Ignoring CryptoCore specifically (Kraken was not mentioned in ClearSky’s report), Percoco said it is common for such cyber criminals to target several institutions in the same sector, especially the individuals who work at exchanges. The concept of such a social engineering campaign, as ClearSky described, makes sense to Percoco. This is why Kraken’s security chief said, in addition to technical controls, he focuses on training sessions across the staff because you “can’t patch a human.” Plus,Kraken Security Labsroutinely tries to penetrate the exchange system and find vulnerabilities, he said. “We will take all our employees, executives included, through extensive security training,” Percoco said. “We go very deep about home network security, social network security, even their own personal device security.” Dolev warned that, especially considering the mass exodus to remote work caused by COVID-19, crypto exchanges face a “higher risk” in 2020. Indeed, Blatt added that CryptoCore appears to be more active since the coronavirus crisis began. “If you put your money on an exchange, you don’t know if it’s secure or not,” Dovel concluded. • Security Firm Claims One Group Stole $200M in Numerous Exchange Hacks • Security Firm Claims One Group Stole $200M in Numerous Exchange Hacks... - Reddit Posts (Sample): [['u/Dezhitse', "Why Osana takes so long? (Programmer's point of view on current situation)", 271, '2020-08-06 00:24', 'https://www.reddit.com/r/Osana/comments/i4fazm/why_osana_takes_so_long_programmers_point_of_view/', "I decided to write a comment about *«Why Osana takes so long?»* somewhere and what can be done to shorten this time. It turned into a long essay. Here's **TL;DR** of it:\n\n>The cost of never paying down this technical debt is clear; eventually the cost to deliver functionality will become so slow that it is easy for a well-designed competitive software product to overtake the badly-designed software in terms of features. In my experience, badly designed software can also lead to a more stressed engineering workforce, in turn leading higher staff churn (which in turn affects costs and productivity when delivering features). Additionally, due to the complexity in a given codebase, the ability to accurately estimate work will also disappear. \n> \n>*Junade Ali, Mastering PHP Design Patterns (2016)*\n\n**Longer version**: I am not sure if people here wanted an explanation from a real developer who works with C and with relatively large projects, but I am going to do it nonetheless. I am not much interested in Yandere Simulator nor in this genre in general, but this particular development has a lot to learn from for any fellow programmers and software engineers to ensure that they'll never end up in Alex's situation, especially considering that he is definitely not the first one to got himself knee-deep in the development hell (do you remember [Star Citizen](https://en.wikipedia.org/wiki/Star_Citizen)?) and he is definitely not the last one.\n\nOn the one hand, people see that Alex works incredibly slowly, equivalent of, like, one hour per day, comparing it with, say, *Papers, Please*, the game that was developed in nine months from start to finish by one guy. On the other hand, Alex himself most likely thinks that he works until complete exhaustion each day. In fact, I highly suspect that both those sentences are correct! Because of the mistakes made during early development stages, which are highly unlikely to be fixed due to the pressure put on the developer right now *and* due to his overall approach to coding, cost to add any relatively large feature (e.g. Osana) can be pretty much comparable to the cost of creating a fan game from start to finish. Trust me, I've seen his leaked source code ~~(don't tell anybody about that)~~ and I know what I am talking about. The largest problem in Yandere Simulator right now is its super slow development. So, without further ado, let's talk about how «implementing the low hanging fruit» crippled the development and, more importantly, what would have been an ideal course of action from my point of view to get out. I'll try to explain things in the easiest terms possible.\n\n1. [else if's](https://i.ibb.co/GQrZ6rM/2h7wdn8p70e51.png) and lack any sort of refactoring in general\n\nThe most «memey» one. I won't talk about the performance though (`switch` statement is not better in terms of performance, it is a myth. If compiler detects some code that can be turned into a jump table, for example, it will do it, no matter if it is a chain of `if`'s or a `switch` statement. Compilers nowadays are way smarter than one might think). Just take a look [here](https://i.ibb.co/pnsw63m/elseif-before-refactoring.png). I know that it's his older JavaScript code, but, believe it or not, this piece is still present in C# version relatively untouched.\n\nI [refactored this code for you](https://i.ibb.co/r7txC00/ref1.png) using C language (mixed with C++ since there's no `this` pointer in pure C). Take a note that `else if`'s are still there, `else if`'s are not the problem by itself.\n\nThe refactored code is just objectively better for one simple reason: it is shorter, while not being obscure, and now it should be able to handle, say, Trespassing and Blood case without any input from the developer due to the usage of [flags](https://en.wikipedia.org/wiki/Bit_field). Basically, the shorter your code, the more you can see on screen without spreading your attention too much. As a rule of thumb, the less lines there are, the easier it is for you to work with the code. Just don't overkill that, unless you are going to participate in [International Obfuscated C Code Contest](https://en.wikipedia.org/wiki/International_Obfuscated_C_Code_Contest). Let me reiterate:\n\n>Perfection is achieved, not when there is nothing more to add, but when there is nothing left to take away. \n> \n>*Antoine de Saint-Exupéry*\n\nThis is why refactoring — activity of rewriting your old code so it does the same thing, but does it quicker, in a more generic way, in less lines or simpler — is so powerful. In my experience, you can only keep one module/class/whatever in your brain if it does not exceed \\~1000 lines, maybe \\~1500. Splitting 17000-line-long class into smaller classes probably won't improve performance at all, but it will make working with parts of this class way easier.\n\n*Is it too late now to start refactoring?* Of course **NO**: better late than never.\n\n2. [Comments](https://i.ibb.co/d0KrNr0/clown.jpg)\n\nIf you think that you wrote this code, so you'll always easily remember it, I have some bad news for you: you won't. In my experience, one week and that's it. That's why comments are so crucial. It is not necessary to put a ton of comments everywhere, but just a general idea will help you out in the future. Even if you think that *It Just Works™* and you'll never ever need to fix it. Time spent to write and debug one line of code almost always exceeds time to write one comment in large-scale projects. Moreover, the best code is the code that is self-evident. In the example above, what the hell does `(float) 6` mean? Why not wrap it around into the constant with a good, self-descriptive name? Again, it won't affect performance, since C# compiler is smart enough to silently remove this constant from the real code and place its value into the method invocation directly. Such constants are here for you.\n\nI [rewrote my code above a little bit to illustrate this](https://i.ibb.co/L5XzCXq/ref2.png). With those comments, you don't have to remember your code at all, since its functionality is outlined in two tiny lines of comments above it. Moreover, even a person with zero knowledge in programming will figure out the purpose of this code. It took me less than half a minute to write those comments, but it'll probably save me quite a lot of time of figuring out «what was I thinking back then» one day.\n\n*Is it too late now to start adding comments?* Again, of course **NO**. Don't be lazy and redirect all your typing from «debunk» page (which pretty much does the opposite of debunking, but who am I to judge you here?) into some useful comments.\n\n3. Unit testing\n\nThis is often neglected, but consider the following. You wrote some code, you ran your game, you saw a new bug. Was it introduced right now? Is it a problem in your older code which has shown up just because you have never actually used it until now? Where should you search for it? You have no idea, and you have one painful debugging session ahead. Just imagine how easier it would be if you've had some routines which automatically execute after each build and check that environment is still sane and nothing broke on a fundamental level. This is called unit testing, and yes, unit tests won't be able to catch all your bugs, but even getting 20% of bugs identified at the earlier stage is a huge boon to development speed.\n\n*Is it too late now to start adding unit tests?* Kinda **YES** and **NO** at the same time. Unit testing works best if it covers the majority of project's code. On the other side, a journey of a thousand miles begins with a single step. If you decide to start refactoring your code, writing a unit test before refactoring will help you to prove to yourself that you have not broken anything without the need of running the game at all.\n\n4. [Static code analysis](https://en.wikipedia.org/wiki/Static_program_analysis)\n\nThis is basically pretty self-explanatory. You set this thing once, you forget about it. Static code analyzer is another «free estate» to speed up the development process by finding tiny little errors, mostly silly typos (do you think that you are good enough in finding them? Well, good luck catching `x << 4;` in place of `x <<= 4;` buried deep in C code by eye!). Again, this is not a silver bullet, it is another tool which will help you out with debugging a little bit along with the debugger, unit tests and other things. You need every little bit of help here.\n\n*Is it too late now to hook up static code analyzer?* Obviously **NO**.\n\n5. Code architecture\n\nSay, you want to build Osana, but then you decided to implement some feature, e.g. Snap Mode. By doing this you have maybe made your game a little bit better, but what you have just essentially done is complicated your life, because now you should also write Osana code for Snap Mode. The way game architecture is done right now, easter eggs code is deeply interleaved with game logic, which leads to code «spaghettifying», which in turn slows down the addition of new features, because one has to consider how this feature would work alongside each and every old feature and easter egg. Even if it is just gazing over one line per easter egg, it adds up to the mess, slowly but surely.\n\nA lot of people mention that developer should have been doing it in object-oritented way. However, there is no silver bullet in programming. It does not matter that much if you are doing it object-oriented way or usual procedural way; you can theoretically write, say, AI routines on functional (e.g. [LISP](https://en.wikipedia.org/wiki/Lisp_(programming_language))) or even logical language if you are brave enough (e.g. [Prolog](ht... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['The U.S. Senate confirmed Securities and Exchange Commission commissioner Hester Peirce for a second term in a voice vote on Thursday. The Senate Banking Committee cleared Peirce\'s nomination alongside the nomination of Caroline Crenshaw on Wednesday . Peirce took office in 2018 and was formally nominated for a second term in early June. Peirce\'s second term will expire in 2025. Peirce is likely to continue advancing policy goals that have drawn cheers from the crypto industry, including her advocacy for the approval of a bitcoin ETF \x97 efforts to date have been stymied amid concerns about price manipulation and the lack of surveillance-sharing agreements across major marketplaces. In February, Peirce wrote in a dissenting statement about the agency\'s rejection of the United States Bitcoin and Treasury Investment Trust: "The Commission\'s approach to these bitcoin exchange-traded products is frustrating because it evinces a stubborn stodginess in the face of innovation." That same month, Peirce unveiled a safe harbor regulatory proposal for startups that conduct token sales. In exchange for giving token projects a three-year period in which to develop their networks and pursue a path of decentralization, such startups would be required to adhere to disclosure standards and SEC oversight. In a statement published Thursday night, SEC chairman Jay Clayton and fellow commissioners Elad Roisman and Allison Herren Lee congratulated Peirce and Crenshaw. "On behalf of our 4,500 dedicated colleagues, we applaud their long standing commitment to investors and look forward to their continued work to advance the SEC\'s vital mission of protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation," they said. © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.', 'The U.S. Senate confirmed Securities and Exchange Commission commissioner Hester Peirce for a second term in a voice vote on Thursday.\nThe Senate Banking Committee cleared Peirce\'s nomination alongside the nomination of Caroline Crenshaw onWednesday. Peirce took office in 2018 and was formallynominatedfor a second term in early June. Peirce\'s second term will expire in 2025.\nPeirce is likely to continue advancing policy goals that have drawn cheers from the crypto industry, including her advocacy for the approval of a bitcoin ETF — efforts to date have been stymied amid concerns about price manipulation and the lack of surveillance-sharing agreements across major marketplaces. In February, Peirce wrote in adissenting statementabout the agency\'s rejection of the United States Bitcoin and Treasury Investment Trust: "The Commission\'s approach to these bitcoin exchange-traded products is frustrating because it evinces a stubborn stodginess in the face of innovation."\nThat same month, Peirceunveileda safe harbor regulatory proposal for startups that conduct token sales. In exchange for giving token projects a three-year period in which to develop their networks and pursue a path of decentralization, such startups would be required to adhere to disclosure standards and SEC oversight.\nIn astatementpublished Thursday night, SEC chairman Jay Clayton and fellow commissioners Elad Roisman and Allison Herren Lee congratulated Peirce and Crenshaw. "On behalf of our 4,500 dedicated colleagues, we applaud their long standing commitment to investors and look forward to their continued work to advance the SEC\'s vital mission of protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation," they said.\n© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.', "Microsoft Inc (NASDAQ: MSFT ) is criticizing Apple Inc’s (NASDAQ: AAPL ) App Store policies, which have resulted in cloud gaming platforms of multiple companies being denied entry, the Verge reported Thursday. What Happened The Bill Gates-co-founded technology giant said\xa0Apple is denying consumers the benefit of accessing its game streaming service xCloud\xa0by unfairly enforcing its App Store policies\xa0— treating it differently than other media platforms. Microsoft said its testing period for xCloud preview app for iOS has expired. “Unfortunately, we do not have a path to bring our vision of cloud gaming with Xbox Game Pass Ultimate to gamers on iOS via the Apple App Store,” the Redmond-based company\xa0noted. “Apple stands alone as the only general purpose platform to deny consumers from cloud gaming and game subscription services like Xbox Game Pass.” The iPhone maker is also denying permission for Alphabet Inc (NASDAQ: GOOGL ) (NASDAQ: GOOG ) subsidiary Google’s Stadia platform to list on its app store, the Verge noted. Apple, in a statement to Business Insider, said\xa0it denies cloud platform game apps listing on the app store because the games available on streaming platforms cannot be reviewed individually through its Game pass service. Why It Matters The Tim Cook-led company\xa0allows Netflix Inc. (NASDAQ: NFLX ) and Spotify Technology SA (NYSE: SPOT ) to run streaming services on its app store, but refuses\xa0to extend the same measures to gaming, citing its interactive nature, Insider noted. Apple also denied Facebook Inc’s (NASDAQ: FB ) new gaming application listing on its app store multiple times, claiming that the app acts as a storefront. The iPhone maker is facing accusations of being anticompetitive and is under investigation by the European Union. Last month, Cook defended Apple’s treatment of app developers at a House anti-trust hearing,\xa0alongside CEOs of Facebook, Alphabet, and Amazon.com Inc. (NASDAQ: AMZN ). Price Action Apple shares closed nearly 3.5% higher at $455.61 on Thursday and rose another almost 0.3% in the after-hours session.\xa0Microsofy shares closed 1.6% higher at $216.35 the same day. See more from Benzinga Microsoft Looking To Buy TikTok's Entire Global Business, Not Just In Four Countries: FT Square Reports Massive Q2 Earnings Beat, As Bitcoin Revenue Rises 600% Microsoft Commits To Become 'Zero Waste' Company By 2030, After Carbon Negative Pledge © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. View comments", "Microsoft Inc(NASDAQ:MSFT) is criticizingApple Inc’s(NASDAQ:AAPL) App Store policies, which have resulted in cloud gaming platforms of multiple companies being denied entry, the VergereportedThursday.\nWhat Happened\nThe Bill Gates-co-founded technology giant said\xa0Apple is denying consumers the benefit of accessing its game streaming service xCloud\xa0by unfairly enforcing its App Store policies\xa0— treating it differently than other media platforms.\nMicrosoft said its testing period for xCloud preview app for iOS has expired.\n“Unfortunately, we do not have a path to bring our vision of cloud gaming with Xbox Game Pass Ultimate to gamers on iOS via the Apple App Store,” the Redmond-based company\xa0noted.\n“Apple stands alone as the only general purpose platform to deny consumers from cloud gaming and game subscription services like Xbox Game Pass.”\nThe iPhone maker is also denying permission forAlphabet Inc(NASDAQ:GOOGL) (NASDAQ:GOOG) subsidiary Google’s Stadia platform to list on its app store, the Verge noted.\nApple, in astatementto Business Insider, said\xa0it denies cloud platform game apps listing on the app store because the games available on streaming platforms cannot be reviewed individually through its Game pass service.\nWhy It Matters\nThe Tim Cook-led company\xa0allowsNetflix Inc.(NASDAQ:NFLX) andSpotify Technology SA(NYSE:SPOT) to run streaming services on its app store, but refuses\xa0to extend the same measures to gaming, citing its interactive nature, Insider noted.\nApple also deniedFacebook Inc’s(NASDAQ:FB) newgaming applicationlisting on its app store multiple times, claiming that the app acts as a storefront.\nThe iPhone maker is facing accusations of being anticompetitive and is under investigation by the European Union.\nLast month, Cook defended Apple’s treatment of app developers at a House anti-trust hearing,\xa0alongside CEOs of Facebook, Alphabet, andAmazon.com Inc.(NASDAQ:AMZN).\nPrice Action\nApple shares closed nearly 3.5% higher at $455.61 on Thursday and rose another almost 0.3% in the after-hours session.\xa0Microsofy shares closed 1.6% higher at $216.35 the same day.\nSee more from Benzinga\n• Microsoft Looking To Buy TikTok's Entire Global Business, Not Just In Four Countries: FT\n• Square Reports Massive Q2 Earnings Beat, As Bitcoin Revenue Rises 600%\n• Microsoft Commits To Become 'Zero Waste' Company By 2030, After Carbon Negative Pledge\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", 'Binance’s USD stablecoin has been given the green light by New York’s financial watchdog, meaning banks and financial institutions can use the asset without any further regulatory approval.\n• The New York Department of Financial Services (NYDFS)updated its "Greenlist"this week to include Binance USD (BUSD).\n• This means banks in the New York area can now custody and list BUSD without prior approval from the NYDFS but must still inform the regulator before adding it.\n• Binance Compliance Officer Samuel Lim told CoinDesk BUSD could be accepted “on an immediate basis” by licensed entities.\n• “So if tomorrow, JPMorgan decides to use BUSD, they can and can do so immediately,” he said.\n• Binance said BUSD was NYDFS-approved at itslaunchin September 2019, but exchanges needed approval before listing it.\n• BUSD is a white-label stablecoin from the Paxos Trust Company, which the NYDFS approved to issue stablecoins in 2018.\n• Bitcoin,etherandlitecoinare all on th **Last 60 Days of Bitcoin's Closing Prices:** [9771.49, 9795.70, 9870.09, 9321.78, 9480.84, 9475.28, 9386.79, 9450.70, 9538.02, 9480.25, 9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-07 **Financial & Commodity Data:** - Gold Closing Price: $2010.10 - Crude Oil Closing Price: $41.22 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $214,663,305,153 - Hash Rate: 127299518.207416 - Transaction Count: 326499.0 - Unique Addresses: 707225.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.77 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Former Bitcoin Core developer Peter Todd has settled his defamation lawsuit against fellow privacy-tech expert Isis Lovecruft, who tweeted in February 2019 that Todd was a “rapist.” Lovecruft, who uses nonbinary pronouns, claimed in 2019 that Todd sexually harassed them and grabbed their arm, which he denied. After he sued Lovecruft for defamation, two anonymous women detailed accounts of sexual assault by Todd in court filings. On July 15, 2019, Lovecruft filed an anti-SLAPP motion, asking the court to dismiss Todd’s lawsuit as an attempt to curtail free speech. On Tuesday, without deleting the original tweet, Lovecruft also tweeted , “Peter Todd never raped or sexually assaulted me.” Lovecruft’s GoFundMe page says this tweet was required as part of the settlement. Todd cited hefty legal fees as his primary reason for settling the case, which he initially filed in the U.S. District Court for the Northern District of California in Oakland, in April 2019 . “I settled because I ran out of money. I’d rather have kept the case. But the really important thing was to turn vague allegations – which were surprisingly harmful – into something I could actually respond to,” Todd told CoinDesk. “Isis has been making vague claims.” Lovecruft used GoFundMe to crowdsource roughly $35,800 for legal fees. They also accepted cryptocurrency donations, including bitcoin , monero and several others. Lovecruft’s crowdfunding page offers an ambiguous statement: “The basic terms of the settlement are: Todd agreed to dismiss his lawsuit against Lovecruft, and walk away without any financial recovery, in exchange for a statement by Lovecruft clarifying that they do not assert (as they have never asserted) that Todd raped or sexually assaulted them personally.” This would relate to the claim of arm-grabbing, not the sexual assault allegations by the two anonymous accusers, both identified in court papers as “Jane Doe.” In a statement to CoinDesk, Todd said Lovecruft and one male witness had a conflict of interest because both were involved in the Zcash project, which Todd often criticizes. Story continues Related: Ex-Bitcoin Dev Settles Defamation Suit Over Sex Assault Claims The two Jane Does made filings in the case in support of Lovecruft. One claimed she was assaulted by Todd, the other alleged he raped her. Todd denied both charges and contended that neither woman was “involved in any Bitcoin projects,” which he argued undermined the credibility of their accounts. Both Jane Does, in interviews with CoinDesk , said they used to participate in the broader Bitcoin community but stopped after the alleged incidents. In previous communications with CoinDesk, both alleged victims indicated they wanted to move on with their lives and did not seek to press charges or otherwise publicly discuss the accusations. This legal conflict was entirely between Lovecruft and Todd , the latter of whom claimed the settlement represents a victory . Yet Lovecruft hasn’t deleted the original tweet, which sparked the lawsuit, and did not respond to requests for comment by press time. Related Stories Bitcoin Rises to $9.6K as Stocks Cheer Additional US Stimulus Plans First Mover: Negative Rates or More Money Printing – Bitcoin May Benefit Either Way... - Reddit Posts (Sample): [['u/gimbic1234567', 'Bitcoin. Gold. 5G. EV. Online education. Body cams. Drones. What’s next?', 19, '2020-08-07 03:07', 'https://www.reddit.com/r/pennystocks/comments/i54d3g/bitcoin_gold_5g_ev_online_education_body_cams/', 'If you’ve been following stocks, then you know we’re always after the next big thing. \n\nAny predictions?\n\nI think guns still have a run in them as the election approaches. \n\nWhat do you guys think? What’s next?', 'https://www.reddit.com/r/pennystocks/comments/i54d3g/bitcoin_gold_5g_ev_online_education_body_cams/', 'i54d3g', [['u/piratecheese13', 15, '2020-08-07 03:09', 'https://www.reddit.com/r/pennystocks/comments/i54d3g/bitcoin_gold_5g_ev_online_education_body_cams/g0mlrbw/', 'Space. Mining in space. Will have a permanent moon station by 2024, mining by 2025/2026. If you’re not invested in something that makes money off of mining Celestial bodies you need to rethink your portfolio', 'i54d3g'], ['u/Kuyper123', 15, '2020-08-07 03:11', 'https://www.reddit.com/r/pennystocks/comments/i54d3g/bitcoin_gold_5g_ev_online_education_body_cams/g0mlz3b/', 'Cloud technologies🚀. In the middle of its run atm will be hot for next 2 weeks imo.', 'i54d3g'], ['u/4point0stud', 10, '2020-08-07 03:33', 'https://www.reddit.com/r/pennystocks/comments/i54d3g/bitcoin_gold_5g_ev_online_education_body_cams/g0mo2wf/', 'Election coming, identification companies will be popular to prevent identity theft. \nAnd that’s why I’m holding BKYI currently', 'i54d3g'], ['u/piratecheese13', 10, '2020-08-07 04:12', 'https://www.reddit.com/r/pennystocks/comments/i54d3g/bitcoin_gold_5g_ev_online_education_body_cams/g0mrz1z/', 'Jeff Bezos has way more horizontal integration than Elon musk so yeah. It’s very obvious that everything Elon does is vertically integrated as every business he runs from Tesla to the Boring Company to SpaceX can be used in space flight. So it would make sense for his stuff to stay together as opposed to: a service that you listen to books on, a service you used to buy tchotchkes, a speaker with the microphone that listens to your every word and a spaceship company.\n\nHell, I’d rather see Richard Branson than Jeff Bezos go to space.', 'i54d3g']]], ['u/anonthanksforhelp', 'Restaurant in AUS, want to accept bitcoin as payment', 72, '2020-08-07 04:17', 'https://www.reddit.com/r/Bitcoin/comments/i55et5/restaurant_in_aus_want_to_accept_bitcoin_as/', 'Hey,\n\nI own a restaurant in Australia.\nI’d like to start accepting bitcoin as payment over the counter.\n\nEasiest and best software to use?\n\nFrom a quick google, companies like BitPay are bad.\n\nIf someone could please recommend a good, reliable, safe and secure method, that would be great. \n\nThanks.\n\nEDIT: massive thanks to everyone’s contribution!\n\n2ND EDIT: fuck all the bitcoin cash spam messages I’ve received, lol.', 'https://www.reddit.com/r/Bitcoin/comments/i55et5/restaurant_in_aus_want_to_accept_bitcoin_as/', 'i55et5', [['u/KyleSector', 18, '2020-08-07 05:33', 'https://www.reddit.com/r/Bitcoin/comments/i55et5/restaurant_in_aus_want_to_accept_bitcoin_as/g0n0277/', 'BTCPay Server dot org', 'i55et5'], ['u/stephanlivera', 22, '2020-08-07 06:25', 'https://www.reddit.com/r/Bitcoin/comments/i55et5/restaurant_in_aus_want_to_accept_bitcoin_as/g0n51ra/', "* [Btcpayserver.org](https://Btcpayserver.org) \\- Free open source alternative, will require a bit more work on your part, but will be more 'self sovereign'. talk to @pavlenex on Twitter if you want help - [https://twitter.com/pavlenex/status/1291528729563406336](https://twitter.com/pavlenex/status/1291528729563406336) \n* [https://travelbybit.com/become-a-merchant#form](https://travelbybit.com/become-a-merchant#form) \\- Travel By Bit can also help with this kind of thing", 'i55et5'], ['u/ferkevir', 13, '2020-08-07 08:00', 'https://www.reddit.com/r/Bitcoin/comments/i55et5/restaurant_in_aus_want_to_accept_bitcoin_as/g0ncstp/', 'You know what, just download Phoenix wallet on your phone and accept BTC or lightning right away. No need third party ect.', 'i55et5'], ['u/Bitcoin_to_da_Moon', 17, '2020-08-07 09:15', 'https://www.reddit.com/r/Bitcoin/comments/i55et5/restaurant_in_aus_want_to_accept_bitcoin_as/g0ni14r/', '>From a quick google, companies like BitPay are bad.\n\nYeeeeeeeeeeeeesss! We did it :-D', 'i55et5'], ['u/igadjeed', 11, '2020-08-07 09:17', 'https://www.reddit.com/r/Bitcoin/comments/i55et5/restaurant_in_aus_want_to_accept_bitcoin_as/g0ni6d5/', 'To process over the counter sales, for a small number of transactions \n\n* install Electrum on a desktop PC, accessible to manager only \n* install the Android version of Electrum on the cashier\'s or servers\' phone(s) or tablet(s) \n* create the Android Electrum wallet(s) as watching-only wallets by pasting the zpub master public key from desktop Electrum to Android Electrum. This can be done quickly by displaying the zpub\'s QR on desktop and pointing the phone/tablet camera at the QR \n* to accept Bitcoin, the cashier uses the watching-only wallet on Android Electrum. Press "Receive", enter Bitcoin amount and description, press "Request". Electrum displays a QR image of the payment request. Customer points his phone camera at the cashier\'s phone to capture the QR, and pays the payment request with his phone wallet \n\nYou don\'t need a third-party service. Bitcoin is like cash, not like PayPal, not like credit cards \n\nYou don\'t need server-based software like BTCPay Server unless you\'re processing hundreds of Bitcoin payments per day \n\nFollowup here if you want click-by-click details for setting up Electrum, displaying the zpub, etc', 'i55et5'], ['u/willdocrazyobs4btc', 12, '2020-08-07 10:20', 'https://www.reddit.com/r/Bitcoin/comments/i55et5/restaurant_in_aus_want_to_accept_bitcoin_as/g0nm297/', "Phoenix wallet works best, especially if you're expecting only a small number of customer using Bitcoin. It does lightning = really cheap and fast payments. Once you'll have more customers than you can handle with one wallet, look at [Btcpayserver.org](https://btcpayserver.org/)", 'i55et5']]], ['u/TimesSquareMagician', 'A question to all degenerates from /r/wallstreetbets', 25, '2020-08-07 04:58', 'https://www.reddit.com/r/Bitcoin/comments/i560ul/a_question_to_all_degenerates_from_rwallstreetbets/', 'Are you perving here on /r/Bitcoin for the possibility of asymmetric returns with a binary outcome ? Please share your stories.', 'https://www.reddit.com/r/Bitcoin/comments/i560ul/a_question_to_all_degenerates_from_rwallstreetbets/', 'i560ul', [['u/MakeTotalDestr0i', 33, '2020-08-07 06:40', 'https://www.reddit.com/r/Bitcoin/comments/i560ul/a_question_to_all_degenerates_from_rwallstreetbets/g0n6bpi/', "If you want to convince wsb tell them Bitcoin is a call option that never expires, so they don't have to give tendies to the theta gang anymore", 'i560ul'], ['u/xtal_00', 11, '2020-08-07 07:33', 'https://www.reddit.com/r/Bitcoin/comments/i560ul/a_question_to_all_degenerates_from_rwallstreetbets/g0naoqj/', "BTC is like trading the S&P with 400x leverage.\n\nWhat's not to love?", 'i560ul']]], ['u/AutoModerator', '[Daily Discussion] Friday, August 07, 2020', 52, '2020-08-07 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/i56zuq/daily_discussion_friday_august_07_2020/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n**Other ways to interact:**\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/i56zuq/daily_discussion_friday_august_07_2020/', 'i56zuq', [['u/jarederaj', 35, '2020-08-07 12:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/i56zuq/daily_discussion_friday_august_07_2020/g0ntf02/', "If there's a weekend pump again then I'm going to be easily convinced that there's a bull whale strategy. In that scenario, a fair amount of the bull whale strategy is to completely fuck over short positions on CME. Consequently, CME drives the price up on arbitrage because every weekend shorts get fucked by a 5 -10% pump... And bulls/bots really start arbitraging BTC against futures prices on the CME contracts.\n\nCME is getting rekt because they're not open 24/7. The irony is rich.", 'i56zuq'], ['u/Quintall1', 20, '2020-08-07 12:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/i56zuq/daily_discussion_friday_august_07_2020/g0ntt8l/', '100% my thoughts aswell these last few weeks, someone with aloootttaaaa coins is trying to fuck over CME, probably just to show whos boss in bitcoin world.\n\n "We tamed bitcoin" they will soon eat their words', 'i56zuq'], ['u/mrlegday', 11, '2020-08-07 12:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/i56zuq/daily_discussion_friday_august_07_2020/g0numzr/', 'YES finally, it was so clear from the beggining that whales will abuse this hack.\n\nWallstreet can\'t compete with 24/7 markets, fuck syntetic cash settled futures!\n\n​\n\nNow about that manipulation you mentioned, I did no... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, fell by 1.52% on Friday. Reversing a 0.20% gain from Thursday, Bitcoin ended the day at $11,580.0.\nIt was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,900 before hitting reverse.\nFalling short of the first major resistance level at $11,914, Bitcoin slid to a late afternoon intraday low $11,326.\nBitcoin fell through the first major support level at $11,581 and the second major support level at $11,402.\nFinding late support, however, Bitcoin broke back through the second major support level to end the day at $11,580.\nThe first major support level at $11,581 pinned Bitcoin back late in the day.\nThe near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bearish day for the majors on Friday.\nBitcoin Cash SV (-4.48%), Cardano’s ADA (-3.93%), Ethereum (-3.93%), Litecoin (-3.10%), Stellar’s Lumen (-3.44%), and Tezos (-4.53%) led the way down.\nBinance Coin (-1.85%), Bitcoin Cash ABC (-2.15%), EOS (-2.54%), Monero’s XMR (-1.10%), Ripple’s XRP (-2.87%), and Tron’s TRX (-1.83%) saw relatively modest losses on the day.\nIn the current week, the crypto total market cap rose from a Monday low $323.88bn to a Thursday high $355.09bn. At the time of writing, the total market cap stood at $342.33bn.\nBitcoin’s dominance fell from a Monday high 62.46% to a Tuesday low 61.24%. At the time of writing, Bitcoin’s dominance stood at 62.69%.\nAt the time of writing, Bitcoin was up by 0.17% to $11,599.6. A mixed start to the day saw Bitcoin fall to an early morning low $11,523.0 before rising to a high $11,608.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBinance Coin (-1.02%), Cardano’s ADA (-0.09%), EOS (-0.38%), Monero’s XMR (-0.80%), Stellar’s Lumen (-0.02%), Tezos (-0.74%), and Tron’s TRX (-0.90%) saw red.\nIt was a bullish start for the rest of the majors, however.\nBitcoin Cash ABC was up by 0.22% to lead the way.\nBitcoin would need to move through the $11,600 pivot to support a run at the first major resistance level at $11,878.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $11,800 levels.\nBarring an extended crypto rally, the first major resistance level and Friday’s high $11,900 would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could eye the second major resistance level at $12,176.\nFailure to move through the $11,600 pivot level would bring the first major support level at $11,304 into play.\nBarring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$11,000 levels. The second major support level at $11,028 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• Melt-Up Continues While Metals Warn of Risks\n• Silver Price Forecast – Silver Markets Finally Acknowledging Gravity\n• Crude Oil Price Forecast – Crude Oil Markets Continue to Grind Sideways\n• Gold Weekly Price Forecast – Gold Markets Form Signs of Exhaustion\n• Gold Price Forecast – Gold Markets Form Bearish Engulfing Candlestick\n• Natural Gas Price Prediction – Prices Rise Forming Bull Flag Pattern', 'Bitcoin, BTC to USD, fell by 1.52% on Friday. Reversing a 0.20% gain from Thursday, Bitcoin ended the day at $11,580.0. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,900 before hitting reverse. Falling short of the first major resistance level at $11,914, Bitcoin slid to a late afternoon intraday low $11,326. Bitcoin fell through the first major support level at $11,581 and the second major support level at $11,402. Finding late support, however, Bitcoin broke back through the second major support level to end the day at $11,580. The first major support level at $11,581 pinned Bitcoin back late in the day. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day for the majors on Friday. Bitcoin Cash SV (-4.48%), Cardano’s ADA (-3.93%), Ethereum (-3.93%), Litecoin (-3.10%), Stellar’s Lumen (-3.44%), and Tezos (-4.53%) led the way down. Binance Coin (-1.85%), Bitcoin Cash ABC (-2.15%), EOS (-2.54%), Monero’s XMR (-1.10%), Ripple’s XRP (-2.87%), and Tron’s TRX (-1.83%) saw relatively modest losses on the day. In the current week, the crypto total market cap rose from a Monday low $323.88bn to a Thursday high $355.09bn. At the time of writing, the total market cap stood at $342.33bn. Bitcoin’s dominance fell from a Monday high 62.46% to a Tuesday low 61.24%. At the time of writing, Bitcoin’s dominance stood at 62.69%. This Morning At the time of writing, Bitcoin was up by 0.17% to $11,599.6. A mixed start to the day saw Bitcoin fall to an early morning low $11,523.0 before rising to a high $11,608.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin (-1.02%), Cardano’s ADA (-0.09%), EOS (-0.38%), Monero’s XMR (-0.80%), Stellar’s Lumen (-0.02%), Tezos (-0.74%), and Tron’s TRX (-0.90%) saw red. Story continues It was a bullish start for the rest of the majors, however. Bitcoin Cash ABC was up by 0.22% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move through the $11,600 pivot to support a run at the first major resistance level at $11,878. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,800 levels. Barring an extended crypto rally, the first major resistance level and Friday’s high $11,900 would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $12,176. Failure to move through the $11,600 pivot level would bring the first major support level at $11,304 into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$11,000 levels. The second major support level at $11,028 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: Melt-Up Continues While Metals Warn of Risks Silver Price Forecast – Silver Markets Finally Acknowledging Gravity Crude Oil Price Forecast – Crude Oil Markets Continue to Grind Sideways Gold Weekly Price Forecast – Gold Markets Form Signs of Exhaustion Gold Price Forecast – Gold Markets Form Bearish Engulfing Candlestick Natural Gas Price Prediction – Prices Rise Forming Bull Flag Pattern', 'Ben Goertzel is founder and CEO of SingularityNET, a blockchain-based AI marketplace project. The global need for scalable, usable decentralized information technologies has never been more acute than right now, mid-pandemic. Forced digitalization is driving most of the world’s population further into the grip of big tech companies. As more of life goes online, more of the world’s data goes into their hands, and a higher percentage of human thoughts and behaviors are guided by their self-serving algorithms. Related: Blockchain Bites: Inside Cosmos, Bitcoin at $200B, DeFi Surges Effective management of the pandemic cries out for integrated analysis of medical data and data on human movement and interaction. However, integrated doesn’t have to mean centralized. Indeed, the centralized nature of many track-and-trace apps has been their doom , rendering them mostly non-functional due their incompatibility with Google and Apple’s latest privacy-respecting features. See also: For Contact Tracing to Work, Americans Will Have to Trust Google and Apple A recent survey done by my colleagues at Humanity+, a nonprofit that advocates for ethical use of technology, showed that, of the attendees at their online event, 61% were not comfortable with governments collecting their physiological and medical data, even in a pandemic context. But 92% would rather their medical data be stored on a blockchain, than centralized government databases. We should have a global, decentralized system for collecting medical, movement, interaction and lifestyle data from everyone on the planet – and methods to analyze it in a secure, anonymous way. Statistical and AI analysis should be guided democratically by everyone contributing data. While policy could be set by sophisticated agent-based modeling leveraging this data, without sacrificing privacy. Related: The Fourth Era of Blockchain Governance We are not so far off from realizing such a system. A number of relevant tools were created by the 1,000+ developers participating in the COVIDathon decentralized-AI hackathon against COVID this spring. Part of my AI team at SingularityNET set aside their work temporarily to focus on building the Rejuve COVID App that identifies infections early based on data from smartphone peripherals like fitbits and digital thermometers as well as relevant policy decisions like the opening/closing of schools and restaurants. Story continues It’s clear that the centralized systems currently running the planet are not to be trusted to coordinate the next growth phase of humanity However valuable these efforts are, the decentralized software ecosystem is not at the point where it can be used as the default for carrying out all aspects of pandemic management. COVID-19 will be beaten relatively soon, and my hope is that decentralized tools will play a role in the solution, even if not a dominant one.\xa0This is unlikely to be the last nor worst pandemic, nor the last nor worst crisis, to hit humanity.\xa0I’m hopeful the decentralized tools being built today will be pivotal in whatever comes next. Hype cycles The web went from idea to reality in the space of a decade. While Vannevar Bush’s memex (1950s) and Ted Nelson’s Xanadu (1960s) pr **Last 60 Days of Bitcoin's Closing Prices:** [9795.70, 9870.09, 9321.78, 9480.84, 9475.28, 9386.79, 9450.70, 9538.02, 9480.25, 9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-08 **Financial & Commodity Data:** - Gold Closing Price: $2010.10 - Crude Oil Closing Price: $41.22 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $213,158,052,534 - Hash Rate: 118924549.904297 - Transaction Count: 283631.0 - Unique Addresses: 625679.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.77 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Perfection shouldn’t be the enemy of good when it comes to regulating the cryptocurrency space, said Commodity Futures Trading Commission (CFTC) Chairman Heath Tarbert. The nation’s top commodities regulator, who recently marked his first anniversary at the CFTC, detailed his approach to cryptocurrency in a wide-ranging interview with CoinDesk. Tarbert noted that many of crypto’s unique attributes – namely borderlessness and decentralization —  require a thoughtful approach. “Our entire financial and economic system outside the current system, the non-crypto system basically evolved since, one could argue, the Renaissance in Italy,” he said. “Whereas what people are doing in the digital asset space is effectively building within a decade or less an entire economic system based on human incentives and trust … I just find that fascinating.” Related: Market Wrap: Bitcoin's Price and Ether's Dominance Sit at 2020 Highs Tarbert specified that he is interested in the way developers are incorporating “hundreds of years of accumulated knowledge about human behavior and economic incentives” as well as cryptographic methods originally used in national security applications to build these digital commerce systems. Read more: Regulated Derivatives Will ‘Legitimize’ Crypto, Says CFTC Chair Tarbert said he is fascinated by decentralized finance (DeFi). “When you think about the idea that at some point a large part of our financial system could very well exist in blockchain format, that’s also revolutionary,” he said. Building out Related: Market Wrap: Bitcoin Blasts Past $10,000; Ethereum Fees Up 550% in 2020 Tarbert took office on July 15, 2019, coming to the regulatory agency from the U.S. Treasury Department, where he served as Assistant Secretary for International Markets. He said that while he was familiar with bitcoin and digital assets prior to joining the agency, “I quickly found out that this is such a rapidly changing environment that I needed to really bone up” on. Story continues While many aspects of the crypto and fintech spaces aren’t currently under the CFTC’s jurisdiction, some new products might someday fall into the derivatives space. So Tarbert needs to learn about much more than just bitcoin. “My view is that to be a successful CFTC chairman, meaning regulating the derivatives market, you have to have [a] keen understanding of the underlying market,” he said. “And so I’ve tried to learn as much as I can about the various agricultural sectors. I’ve gone out into fields and … gone to grain elevators, I’ve gone to a feedlot to learn about cattle and wheat. I’m learning about oil but I’m also learning a lot about crypto and in many ways, because it’s so revolutionary and so cutting edge, I’m spending a lot of time just learning how it all works in the ecosystem.” Read more: CFTC Approves Bitnomial to Offer Futures Contracts Settled in Real Bitcoin Tarbert’s efforts are paying off. Tarbert pointed to the elevation of LabCFTC , the agency’s fintech wing, noting it had grown from being a small group within the CFTC’s general counsel’s office to becoming its own division. In the months since, the CFTC has declared ether a commodity , allowed the first ether-based futures products to enter the market and approved actual delivery guidance that explains to exchanges when the CFTC has jurisdiction and brought numerous enforcement actions, Tarbert said. The next challenge is building out a holistic regulatory framework for crypto and its derivatives markets in the coming years. “I suspect some of it will be principles-based and some of it will be more specific rules … the right blend of each to allow for innovation and also flexibility both for market participants but also for ourselves because we don’t want a regulatory framework to be obsolete six months after it’s introduced, but at the same time, there may be customer protection and maybe some other issues that are so important that we want to provide very clear standards and rules to provide clarity,” he said. Novel questions Tarbert said the planned framework, announced earlier this month , won’t be a prescriptive one, but a holistic approach that looks at how the agency regulates derivatives markets. This will require the CFTC to evaluate how it looks at exchanges, clearinghouses and other market intermediaries, and how its core principles apply or should apply to the space. “We have some things listed on exchanges, but most of those, they’re either cash-settled products or they are fully collateralized,” he said. “So we actually haven’t gotten into a system where we actually have physically delivered digital asset products that have the kind of margining and practices associated with them as we do other futures contracts and even swaps.” The CFTC doesn’t want to over- or under-regulate the space, he said. “We have rules regarding custody of assets, so how do we handle custody and settlement?” Tarbert said. “We know how to do it with traditional physical assets and with cash but how do we do that with digital assets?” Capital requirements, segregating customer assets with broker assets, market intermediary reporting and bankruptcy are other issues that need to be addressed within this framework, he said. Pricing risk for crypto asset derivatives sold on margin is another area the CFTC is examining. Read more: What the CFTC Chairman Actually Said About Ether Futures and Ethereum 2.0 “What about if there’s a failure?” he asked. “Non-default loss at the clearinghouse, meaning the clearinghouse loses money not because one of the members fails but, rather, it loses custody of these assets or it loses the keys or something, and then what role should insurance play?” This extends to infrastructure and physical hardware questions, and whether the CFTC should replicate its current regulations for the digital asset market or try to fit digital assets into an already existing framework. These issues illustrate the need for a flexible framework, Tarbert said, one which takes into account these major questions but can still be applied flexibly as different aspects of the crypto space evolve. As an added wrinkle, the CFTC won’t know for sure if its framework is effective until it’s implemented. “You’re dealing with a counterfactual, so you can’t say, well, ‘how would things have evolved if we didn’t have this framework in place?’ The answer is, it’s a really important process but it needs to happen,” he said. The G20’s Financial Stability Board underwent a similar process and the U.S. Treasury Department had to create rules around capital controls after the 2008 financial crisis as well, so Tarbert’s not a stranger to this type of challenge. “It’s a very difficult question, but I think we owe it both to ourselves as well as market participants that after a reasonable period of, let’s say five years, we take a look back and say, ‘what are we doing right, what did we do wrong and what changes need to be made,’” he said. “It’s easier said than done, but it does need to be done.” Borderless The CFTC also has to contend with the fact that crypto is inherently borderless. Market participants and developers all hail from different jurisdictions, and many live outside the U.S. The U.S. should harmonize its approach to crypto both across the 50 states and additional territories, as well as with how other nations are approaching it, Tarbert said, likening the new asset class to other commodities under its jurisdiction. “Commodities are commodities all around the world, right? Wheat is wheat …and so the commodity prices and the derivatives prices based on those commodities around the world are all interconnected,” he said. “Well now we take digital assets, crypto assets … and there they are uniform. And … people are not thinking about regulatory and national boundaries, by definition, this stuff is outside of it.” Read more: CFTC Seeks Industry Advice on Blockchain Applications The CFTC joined the Global Financial Innovation Network as one step in this process, collaborating with regulators worldwide to share ideas about financial innovation. The agency is also part of the International Organization of Securities Commissions (IOSCO), where Tarbert is the current vice-chairman. Other international efforts include the Financial Stability Board, which has a working group on stablecoins (cryptocurrencies which maintain price parity with a fiat currency or asset like the U.S. dollar) and the Financial Action Task Force, which published guidance on crypto exchanges last year. In his view, future international standards around crypto “will be as important to this community” as the Basel Accords developed across the past 30 years are to the banking sector today. That’s not to say there shouldn’t be a national regulatory regime, Tarbet said. “But I think there’s a real acknowledgement from national regulators that there needs to be enhanced international cooperation and thinking, and to some extent if at all possible, some degree of convergence,” he said. Related Stories CFTC Chair: ‘A Large Part’ of Financial System Could End Up in Blockchain Format CFTC Chair: ‘A Large Part’ of Financial System Could End Up in Blockchain Format... - Reddit Posts (Sample): [['u/Dronest', 'Verified Squad Member Idea', 96, '2020-08-08 01:59', 'https://www.reddit.com/r/EscapefromTarkov/comments/i5p3eh/verified_squad_member_idea/', "So, there's definitely a lot of people complaining about not being able to help friends. Some people are doing things a little bit more than others (SICC cases) but I would really like to help a friend that's lower level than me(small stuff like gpus for btc farm), but I'm worried about being banned for boosting.\n\n\nOne thought I had was what if BSG had a system where if you raid in the same squad with a player after 25-30 raids you guys become verified squad mates. That way, if you're wanting to help them out BSG knows it's not just RMT because it wouldn't be worth it for them to get verified, but people wanting to help their friends with their excess wealth wouldn't have to stress about getting banned.\n\n\nSorry for the poor formatting, I'm on mobile.\n\n\nEDIT: An example of a reason I would want something like this would be -- my hideout and quests are done, my buddy is working on Private Clinic, I want to help him get LedX's, but he doesn't have the emercom key or many shoreline keys. I would like to be able to have him hit power, me grab the LedX and shove it up my prison pocket. But if I die I'd like to bring it to him the next raid without worrying about being banned.", 'https://www.reddit.com/r/EscapefromTarkov/comments/i5p3eh/verified_squad_member_idea/', 'i5p3eh', [['u/Pappascorched', 19, '2020-08-08 02:03', 'https://www.reddit.com/r/EscapefromTarkov/comments/i5p3eh/verified_squad_member_idea/g0qleju/', 'I personally like this idea', 'i5p3eh'], ['u/Prof_Messer', 14, '2020-08-08 02:19', 'https://www.reddit.com/r/EscapefromTarkov/comments/i5p3eh/verified_squad_member_idea/g0qn3lf/', 'While it’s a great idea, it has been said they do not like boosting other players. So I doubt it will ever be reality.', 'i5p3eh']]], ['u/ImAtWorkWorkWorkWork', 'Finally purchased my first bitcoin!', 140, '2020-08-08 02:19', 'https://www.reddit.com/r/Bitcoin/comments/i5pf6x/finally_purchased_my_first_bitcoin/', "It was only $50 worth (US) but I have wanted to invest for so long and have never done it. Excited to start investing on a regular basis even if it's small amounts!", 'https://www.reddit.com/r/Bitcoin/comments/i5pf6x/finally_purchased_my_first_bitcoin/', 'i5pf6x', [['u/Techstepper77', 16, '2020-08-08 02:22', 'https://www.reddit.com/r/Bitcoin/comments/i5pf6x/finally_purchased_my_first_bitcoin/g0qnetg/', 'Getting foot in the door is first step. Congrats!', 'i5pf6x'], ['u/Mark_Bear', 42, '2020-08-08 02:38', 'https://www.reddit.com/r/Bitcoin/comments/i5pf6x/finally_purchased_my_first_bitcoin/g0qp41s/', 'An important milestone in life.\n\n​\n\nWelcome to Bitcoin.', 'i5pf6x'], ['u/skagnboneman12', 23, '2020-08-08 02:59', 'https://www.reddit.com/r/Bitcoin/comments/i5pf6x/finally_purchased_my_first_bitcoin/g0qrbgz/', 'Keep adding what you can and I suggest that you use the DCA, (dollar cost averaging), method. Your sats will soon stack up. Set yourself an achievable goal like 0.1 Bitcoin and keep adding every week what you can afford. I started in January and I have hit two goals in Bitcoinville. Good luck to you. Viva Bitcoin 🏴\U000e0067\U000e0062\U000e0077\U000e006c\U000e0073\U000e007f.', 'i5pf6x'], ['u/skagnboneman12', 10, '2020-08-08 03:49', 'https://www.reddit.com/r/Bitcoin/comments/i5pf6x/finally_purchased_my_first_bitcoin/g0qwom1/', "🏴\U000e0067\U000e0062\U000e0077\U000e006c\U000e0073\U000e007f🏴\U000e0067\U000e0062\U000e0077\U000e006c\U000e0073\U000e007fYep that's the Welsh flag just to show that cryptocurrency has even reached us here in the dark Valleys of South Wales. Viva Bitcoin 🏴\U000e0067\U000e0062\U000e0077\U000e006c\U000e0073\U000e007f🏴\U000e0067\U000e0062\U000e0077\U000e006c\U000e0073\U000e007f", 'i5pf6x']]], ['u/HunterMitchell625', 'Can we just make a giant list of ideas. I just want to know the possibilities', 151, '2020-08-08 02:52', 'https://www.reddit.com/r/passive_income/comments/i5pxhn/can_we_just_make_a_giant_list_of_ideas_i_just/', 'r/keep r/in r/mind r/there r/is r/a r/subreddit r/for r/anything r/that r/is r/specific\n\n\nActive:\n\nFood stand, participating in flea market, donating blood/plasma/eggs, doing real life surveys, provide a service of your specialty, day or micro stock trader, golf caddying, flyer delivery (better on election day), Uber/Lyft (better on holidays), medical study, letgo/facebook marketplace/craigslist gig, photography, focus groups, tutoring, handmade items (just look up DIY projects to make then sell online)\n\nSemi passive:\n\nVending machine, eCommerce, buy existing business, merchandise, laundromat, rent out equipment, etsy or ebay, arcade, swing or position stock trader.\n\nPassive:\n\nInvest in dividend or index stocks, bonds, referral, Adsense, stock photos, online course, software, music, subscriptions, information, Bitcoin mining, way more viable now because last gen (think RX460-80 or GTX1050-80) are cheaper now, credit card churning, private lending, rent space for storage or like a hotel, internet sharing, affiliate marketing, mobile apps.\n\n\n\nPotentially all:\n\nBlog, social media, lead generation.\n\n\n\nSuspicious:\n\nActive: Drug dealer, prostitute.\n\nSemi-passive:\n\nPassive:\n\n\nWhen you make the top 2 spots on a subreddit.', 'https://www.reddit.com/r/passive_income/comments/i5pxhn/can_we_just_make_a_giant_list_of_ideas_i_just/', 'i5pxhn', [['u/Wicked_gr3y', 17, '2020-08-08 03:36', 'https://www.reddit.com/r/passive_income/comments/i5pxhn/can_we_just_make_a_giant_list_of_ideas_i_just/g0qv9bi/', 'I like stocks that pay dividends each month. You buy them once and then it’s really passive.', 'i5pxhn'], ['u/smokerswild', 25, '2020-08-08 04:28', 'https://www.reddit.com/r/passive_income/comments/i5pxhn/can_we_just_make_a_giant_list_of_ideas_i_just/g0r0rvb/', 'drug dealing is far from passive or semi passive; you gotta invest in the product, prepare said product, find customers, make the sale, delivering the product, and then the admin side of drug dealing (accounting, ‘payroll’, security, R&D). Probably the most active option out of anything OP mentioned. \n\n“I’m not a businessman, I’m a business, man!”', 'i5pxhn'], ['u/yokotron', 31, '2020-08-08 05:58', 'https://www.reddit.com/r/passive_income/comments/i5pxhn/can_we_just_make_a_giant_list_of_ideas_i_just/g0r9mpw/', 'God, I had vending machines. It was a nightmare. Also, look into insurance and requirements for health stuff. Best day when I got rid of them.', 'i5pxhn'], ['u/Anymeans6', 17, '2020-08-08 07:12', 'https://www.reddit.com/r/passive_income/comments/i5pxhn/can_we_just_make_a_giant_list_of_ideas_i_just/g0rfxpv/', 'Active with high flexibility:\n\nGolf Caddying, working election day for a political campaign ( seriously you can make $100-300 just handing out flyers all day), donating plasma/sperm/eggs/stool, scrap metal, Uber/Lyft/Food Delivery, Tutoring, Focus Groups, photography, handing out flyers, surveys, craigslist gigs, medical research study\n\nPassive: Investing with dividend stocks/index funds, credit card churning, Bitcoin mining, Packet/Internet sharing, rental income/AirBnb, phone-farm, savings bonds', 'i5pxhn'], ['u/Jimboy10', 14, '2020-08-08 13:24', 'https://www.reddit.com/r/passive_income/comments/i5pxhn/can_we_just_make_a_giant_list_of_ideas_i_just/g0s3g3s/', "I'm guessing the fact they need to be restocked on a weekly basis, which includes trips to wholesalers, then individually restocking every machine. All for probably under 3 figures a week per machine.", 'i5pxhn']]], ['u/Belvador', 'Just wanna thank all you guys. You’ve taught me the power of hodling', 101, '2020-08-08 04:13', 'https://www.reddit.com/r/Bitcoin/comments/i5r3ki/just_wanna_thank_all_you_guys_youve_taught_me_the/', 'About 4.5 months ago I made a post about how I was making small profits day trading BTC when it was hovering around 9k. Every comment on that post was warning me against it. I took some time and learned a bit more about bitcoin. Looking back, I wish I’d have hodled it. Now I’m at .15 BTC with no plans of selling anytime soon. Btc is the future. Thanks guys', 'https://www.reddit.com/r/Bitcoin/comments/i5r3ki/just_wanna_thank_all_you_guys_youve_taught_me_the/', 'i5r3ki', [['u/ElephantGlue', 24, '2020-08-08 04:18', 'https://www.reddit.com/r/Bitcoin/comments/i5r3ki/just_wanna_thank_all_you_guys_youve_taught_me_the/g0qzpho/', '!lntip 1000\n\nSteel hands bro, steel hands..', 'i5r3ki'], ['u/GodGMN', 15, '2020-08-08 04:37', 'https://www.reddit.com/r/Bitcoin/comments/i5r3ki/just_wanna_thank_all_you_guys_youve_taught_me_the/g0r1r33/', "Honestly selling at historical highs and later buy the dip is not a bad idea but it's better to just have steel hands and steel balls and not touch the fuck out of it unless you are ready to buy a house and a lambo and still have enough for your retirement fund", 'i5r3ki'], ['u/Quintall1', 13, '2020-08-08 08:12', 'https://www.reddit.com/r/Bitcoin/comments/i5r3ki/just_wanna_thank_all_you_guys_youve_taught_me_the/g0rkhud/', 'Dude you have 15 MILLION satoshis. Just let that sink in.', 'i5r3ki']]], ['u/SaintFromHell', 'I need some serious help with bitcoin.', 31, '2020-08-08 05:52', 'https://www.reddit.com/r/BitcoinBeginners/comments/i5shmw/i_need_some_serious_help_with_bitcoin/', 'Ok this is a weird situation and may not be something anyone here can help me with but I figure it\'s worth a shot. So basically my father just passed away and has an app on his phone call BTC Block Explorer, the app tells me he had a "SUM BALANCE" of 18.3329982 bitcoins from all the addresses. There\'s over 2000. I have no clue how any of this works, I don\'t understand if this is money he had or if he was mining bitcoin or if this is spent money. I\'ve been reading and reading on bitcoins but none of it is clicking. He doesn\'t have any funds anywhere else on any accounts. I have no idea how I\'d access these funds if they ev... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 1.59% on Saturday. Reversing a 1.52% fall from Friday, Bitcoin ended the day at $11,764.\nIt was a mixed start to the day. Bitcoin fell to an early morning intraday low $11,523 before finding support.\nSteering clear of the first major support level at $11,304, Bitcoin rose to a mid-day intraday high $11,796.\nFalling short of the first major resistance level at $11,878, Bitcoin fell back to a low $11,601.\nAvoiding sub-$11,600 levels, Bitcoin moved back through to $11,700 levels to deliver the upside on the day.\nThe near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bullish day for the majors on Saturday.\nCardano’s ADA and Tezos led the way, with gains of 5.74% and 9.84% respectively.\nBinance Coin (+2.64%), Ethereum (+4.67%), Litecoin (+2.15%), and Tron’s TRX (+3.19%) also found strong support.\nBitcoin Cash ABC (+1.61%), Bitcoin Cash SV (+1.25%), EOS (+1.89%), Monero’s XMR (+1.08%), Ripple’s XRP (+0.40%), and Stellar’s Lumen (+0.97%) trailed the pack.\nIn the current week, the crypto total market cap rose from a Monday low $322.88bn to a Thursday high $355.09bn. At the time of writing, the total market cap stood at $349.48bn.\nBitcoin’s dominance fell to a Tuesday low 61.24% before rising to a Friday high 63.16%. At the time of writing, Bitcoin’s dominance stood at 62.15%.\nAt the time of writing, Bitcoin was down by 0.08% to $11,755. A mixed start to the day saw Bitcoin rise to an early morning high $11,777.1 before falling to a low $11,746.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCardano’s ADA and Tezos led the way down, with losses of 1.23% and 1.38% respectively.\nBinance Coin (-0.75%), EOS (-0.11%), Litecoin (-0.21%), Monero’s XMR and Stellar’s Lumen (-0.44%) also saw red.\nBitcoin Cash ABC (+0.80%), Bitcoin Cash SV (+0.80%), Ethereum (+0.06%), Ripple’s XRP (+0.09%), and Tron’s TRX (+0.47%) found early support.\nBitcoin would need to avoid a fall through the $11,694 pivot to support a run at the first major resistance level at $11,866.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $11,796.\nBarring an extended crypto rally, the first major resistance level and Saturday’s high would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,967.\nA fall through the $11,694 pivot level would bring the first major support level at $11,593 into play.\nBarring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$11,400 support levels. The second major support level at $11,421 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• Gold Weekly Price Forecast – Gold Markets Form Signs of Exhaustion\n• Price of Gold Fundamental Daily Forecast – Better Jobs Report Gives Investors Good Excuse to Book Profits\n• European Equities: A Week in Review – 08/08/20\n• Crude Oil Weekly Price Forecast – Crude Oil Markets Show Signs of Resistance Again\n• The Weekly Wrap – A First Weekly Rise for the Greenback in 7-Weeks…\n• EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – August 8th, 2020', 'Bitcoin, BTC to USD, rose by 1.59% on Saturday. Reversing a 1.52% fall from Friday, Bitcoin ended the day at $11,764. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $11,523 before finding support. Steering clear of the first major support level at $11,304, Bitcoin rose to a mid-day intraday high $11,796. Falling short of the first major resistance level at $11,878, Bitcoin fell back to a low $11,601. Avoiding sub-$11,600 levels, Bitcoin moved back through to $11,700 levels to deliver the upside on the day. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day for the majors on Saturday. Cardano’s ADA and Tezos led the way, with gains of 5.74% and 9.84% respectively. Binance Coin (+2.64%), Ethereum (+4.67%), Litecoin (+2.15%), and Tron’s TRX (+3.19%) also found strong support. Bitcoin Cash ABC (+1.61%), Bitcoin Cash SV (+1.25%), EOS (+1.89%), Monero’s XMR (+1.08%), Ripple’s XRP (+0.40%), and Stellar’s Lumen (+0.97%) trailed the pack. In the current week, the crypto total market cap rose from a Monday low $322.88bn to a Thursday high $355.09bn. At the time of writing, the total market cap stood at $349.48bn. Bitcoin’s dominance fell to a Tuesday low 61.24% before rising to a Friday high 63.16%. At the time of writing, Bitcoin’s dominance stood at 62.15%. This Morning At the time of writing, Bitcoin was down by 0.08% to $11,755. A mixed start to the day saw Bitcoin rise to an early morning high $11,777.1 before falling to a low $11,746.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Cardano’s ADA and Tezos led the way down, with losses of 1.23% and 1.38% respectively. Story continues Binance Coin (-0.75%), EOS (-0.11%), Litecoin (-0.21%), Monero’s XMR and Stellar’s Lumen (-0.44%) also saw red. Bitcoin Cash ABC (+0.80%), Bitcoin Cash SV (+0.80%), Ethereum (+0.06%), Ripple’s XRP (+0.09%), and Tron’s TRX (+0.47%) found early support. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $11,694 pivot to support a run at the first major resistance level at $11,866. Support from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $11,796. Barring an extended crypto rally, the first major resistance level and Saturday’s high would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,967. A fall through the $11,694 pivot level would bring the first major support level at $11,593 into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$11,400 support levels. The second major support level at $11,421 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Gold Weekly Price Forecast – Gold Markets Form Signs of Exhaustion Price of Gold Fundamental Daily Forecast – Better Jobs Report Gives Investors Good Excuse to Book Profits European Equities: A Week in Review – 08/08/20 Crude Oil Weekly Price Forecast – Crude Oil Markets Show Signs of Resistance Again The Weekly Wrap – A First Weekly Rise for the Greenback in 7-Weeks… EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – August 8th, 2020', 'Evan Shapiro is CEO and co-founder of O(1) Labs , the team behind Coda Protocol , a lightweight chain that affords all participants fully P2P, permissionless access from any device. Who controls Bitcoin? A hint: It\x92s not you. And it\x92s a far cry from the decentralized utopia many claim it to be. Systems of power are rapidly asserting control over Bitcoin. And their incentives are not your incentives. As an industry, we\x92re at a critical juncture, and we have to choose. We either demand that the properties of user ownership and censorship resistance pioneered by Bitcoin persist. Or, we accept the facade of false-decentralization that has been erected by a centralized regime. Our revolution is being stolen, but it\x92s not too late to take it back. Related: Blockchain Bites: Inside Cosmos, Bitcoin at $200B, DeFi Surges First, let\x92s take a look at who controls the Bitcoin blockchain. Sixty-five percent of its hashrate is in one country: China. Globally, about 10 different organizations control 90% of the hashpower. The big pools are all linked together with dedicated networking connections. If I described to you a council of 10 companies dictating the future of a product, and more than half are in China and beholden to a centralized government, would you call that decentralized? No, but that\x92s the state of Bitcoin today. See also: Justin S. Wales \x96 Why Bitcoin Is Protected by the First Amendment Maybe you don\x92t care. Maybe you say, \x93even a 51% attack would be fine by me, because they are still economically aligned in the best interest of the protocol.\x94 You\x92d be very wrong, but you wouldn\x92t be the first person to assume that a centralized power could represent your interests well. There are countless examples in history of misplaced trust in a centralized authority. Some of those authorities were beloved revolutionaries, leaders, countrymen and members of their community. Everyone thought, \x93They love their country, they won\x92t do anything to cause it harm.\x94 Story continues Robert Mugabe, the former dictator of Zimbabwe for 30 years, started his career as a beloved political revolutionary. He was instrumental in gaining independence from colonial rule. At the time, it would have been hard to think of someone who loved his country more. But that was at the beginning, before he amassed centralized authority. He ended his career causing mass starvation and social upheaval because of brutal, misinformed and, ultimately, failed social and monetary policies. Related: Bitcoin Transaction Fees Dropped 58% Last Week as Congestion Eased The problem is never just a single leader, it\x92s the system in which they are operating. Without checks against centralized power, what remains is to trust it will all be ok. And it never is. So, why would this time be any different? Because Bitcoin is somehow inherently different? Because the person, or people, who created it had revolutionary ideas? Come on. Crypto was supposed to protect us from this, but instead, it\x92s given us new names with the same misaligned incentives. The analog of social and mon **Last 60 Days of Bitcoin's Closing Prices:** [9870.09, 9321.78, 9480.84, 9475.28, 9386.79, 9450.70, 9538.02, 9480.25, 9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-09 **Financial & Commodity Data:** - Gold Closing Price: $2010.10 - Crude Oil Closing Price: $41.22 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $213,158,052,534 - Hash Rate: 130649505.528664 - Transaction Count: 268402.0 - Unique Addresses: 564507.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: In a paradoxical twist, bitcoin’s price, which is denominated in dollars, has become unusually stable in recent weeks, prompting some Twitter users to joke that it’s trading like a stablecoin . “It’s surprising to see bitcoin be so boring given everything happening both within and outside the crypto industry,” the digital-asset analysis firm Messari wrote in its daily email to subscribers. You’re reading First Mover , CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you don’t have to. You can subscribe here . Related: In the Aftermath of Hack, Lawmakers Blame Twitter, Not Bitcoin On Wednesday, the cryptocurrency slid 0.5% to about $9,200, even as reports emerged that a bitcoin “giveaway” scam was at the heart of a coordinated hack targeting accounts of prominent Twitter users , including former U.S. President Barack Obama and Microsoft founder Bill Gates. “Even if there is a small percentage of bitcoin that is used for illicit activity, investors now understand this is no different than cash, except that digital currencies are much more traceable,” Joe DiPasquale, CEO of BitBull Capital, told First Mover in an email. Bitcoin was designed by Satoshi Nakamoto as a peer-to-peer payment method, a version of electronic cash that would “allow online payments to be sent directly from one party to another,” according to the white paper . But a new report suggests bitcoin’s original core payments function might be increasingly fulfilled by a competing faction of digital tokens – so-called stablecoins like tether and USD coin , which have values linked to the price of the U.S. dollar. Related: Market Wrap: What Twitter Hack? Traders Stay Busy Buying Bitcoin at $9,000 Story continues Stablecoins, invented five years ago, have expanded rapidly this year, doubling in the past four months to an outstanding supply of about $12 billion. Cryptocurrency traders use them as the de facto form of liquidity in digital-asset markets, to move money between exchanges and park cash on the sidelines. Investors can lend out the dollar-linked tokens for yields up to 13% , more than 20 times the level on 10-year U.S. Treasury notes. Some holders might simply want U.S. dollars as a safe haven as the coronavirus roils the global economy. Recently, though, more people might be using stablecoins to send each other payments, according to a report this week published jointly by cryptocurrency exchange Bitstamp and research firm Coin Metrics. The analysts noted that the daily transfer value of stablecoins recently surged past $2 billion, while bitcoin’s slid to just below $2 billion. Global remittances and cross-border payments are a “natural use case for stablecoins given their ease of international transfer,” they wrote. “It feels like a little bit of a paradigm shift, especially now that stablecoins are exploding,” Nate Maddrey, a senior research analyst at Coin Metrics, said in a phone interview. The sudden popularity of stablecoins could raise knotty questions over the utility of bitcoin , which is the oldest cryptocurrency, at 11 years, and the biggest by far, at a market capitalization of $170 billion. Maddrey believes bitcoin’s value proposition has changed over the years: Many investors are buying it because they see the cryptocurrency as a store of value, similar to gold, and as the linchpin of the world’s most secure blockchain network. Because of its capped supply, bitcoin is often posited as a hedge against inflation and central-bank money printing. “I don’t really see a path where bitcoin becomes a true medium of exchange,” Maddrey said. The rise of stablecoins marks a new chapter in fast-moving and ever-evolving cryptocurrency markets. A thousand flowers are blooming as entrepreneurs unveil semi-autonomous “ decentralized finance ” projects, financial firms prepare to tokenize traditional assets like U.S. Treasury bonds and foreign-exchange contracts , and Facebook pushes forward with its own digital token, Libra . PayPal, the payments company, has told the European Commission it’s developing cryptocurrency capabilities. Countries around the world are developing their own tokens, known as central bank digital currencies, or CDBCs, which could eventually provide another option for peer-to-peer payments. Just this week, reports have emerged that both Japan and the U.K. are considering digital versions of their currencies. While the Federal Reserve has yet to unveil its own version, some countries with exchange rates pegged or closely linked to the dollar might be able to create CBDCs that work like proxies for the U.S. tender. That might curb the appetite for stablecoins, many of them issued by upstart companies with scant corporate transparency and untested creditworthiness. “Would you rather I sent you a stablecoin or a CBDC backed by a sovereign nation whose currency is pegged to the dollar?” Matt Blom, head of sales and trading for the digital-asset firm Diginex , said in a video interview. “I’d rather receive a sovereign-backed CBDC.” Blockforce Capital , a cryptocurrency investment firm based in San Diego, wrote Wednesday in a monthly investor update that, at least for now, there’s good money to be made from lending out or depositing stablecoins. “Stablecoins are proving their utility in the digital-asset ecosystem,” according to the email. “Our traditional finance friends are often shocked to hear that as interest rates sink lower and even negative in some cases, we manage to earn close to 8% as we lend out stablecoins to high-quality counterparties.” On the other hand, holding stablecoins is essentially the reverse of betting on assets that are denominated in dollars, from stocks to bonds to oil and bitcoin. The Federal Reserve this year has pumped nearly $3 trillion of freshly created dollars into financial markets, propping up asset prices. “Holding dollars is no fun when assets are mooning,” Mati Greenspan, founder of the analysis firm Quantum Economics, wrote in an email. But, hey, maybe some people might just want to send stablecoins to a pal. Tweet of the day Bitcoin watch BTC : Price: $9,085 ( BPI ) | 24-Hr High: $9,253 | 24-Hr Low: $9,048 Trend : Bitcoin is edging lower on Thursday, with the four-hour chart indicating a failed breakout and fresh bearish lower-highs setup. The number one cryptocurrency by market value is currently trading near $9,080, representing a 1.3% decline on the day. A falling channel represented by trendlines connecting June 1 and 22 highs and June 2 and 15 lows was breached to the higher side on July 8. As such, the cryptocurrency was expected to chart a minor rally toward resistance at $9,800 (June 22 high). Instead, the cryptocurrency has ended up charting fresh bearish lower highs, as represented by the trendline connecting July 8 and 13 highs (yellow line). In addition, prices fell back inside the bearish channel early on Thursday – a sign of failed breakout. Chart analysts consider failed breakouts as strong bearish signals. Indicators, too, are beginning to realign in favor of the bears. The MACD histogram, an indicator used to identify trend strength and trend changes, is producing deeper bars below the zero line. It indicates the downward move may gather pace. Meanwhile, on the daily chart, the histogram has crossed into bearish territory below zero. Bitcoin may dive below $9,000 and test support at $8,830 (June 28 high). On the higher side, a high-volume move above $9,350 is needed to revive the case for a rally to $9,800. Related Stories First Mover: ‘Boring’ Bitcoin Shrugs Off Twitter Hack as Stablecoins Co-Opt Satoshi’s Dream First Mover: ‘Boring’ Bitcoin Shrugs Off Twitter Hack as Stablecoins Co-Opt Satoshi’s Dream... - Reddit Posts (Sample): [['u/AlexDRibeiro', 'Bitcoin endgame', 43, '2020-08-09 00:37', 'https://www.reddit.com/r/BitcoinBeginners/comments/i68cco/bitcoin_endgame/', 'Hi everybody \nI am still getting started in the world of cryptocurrencies, focusing on understanding how bitcoin works. I chose bitcoin because it is the most established cryptocurrency and with the higher chance of becoming a full fledge currency worldwide, being used by everyone (at least that’s what I think at the moment, I might be wrong here)\nI know that the practical limit for bitcoin is 21 million bitcoins and each bitcoin can be divided into 100 million satoshi.\nMy question is, assuming bitcoin takes over as a single global currency and everyone is using it, isn’t the total amount of satoshi too little? I mean, if you split the total amount of bitcoin by everyone in the world, each person receives a relative small amount of bitcoin (I did a rough estimate, and from my estimates, each person would have the equivalent of 30€ in bitcoin)\n\nThanks in advance for dedicating the time to this weird question :)\n\nEDIT: \n\nThank you all for the answers.\nLike it has been said I agree that the main obstacle for bitcoin to become the one currency on a global scale is politics because no one, in this case governments would like to loose control of their money.\n\nWith the increase in market cap and the subdivision of satoshi’s (part that I was unaware of), bitcoin could be used as the global currency because, at the same time, bitcoin would have enough “value” to represent the global economy and would be divisible enough to a reasonable value for cheap stuff like a bottle of water.\n\nThe main technical issue that I see at the moment is the difference to fiat in how bitcoin is stored (hardware wallets) and transferred between two entities (addresses and private keys). For me it is something that I am starting to understand but I think it would be close to impossible for the majority of people that are older / not so tech oriented. I haven’t yet bought bitcoin, just got a bit of exposure to it using Revolut and decided to explore it on a deeper level.\n\nOne other thing that was referred was that subdividing satoshi’s is similar to “printing” money and would lead to inflation. I understand why this is being said, because creating money or dividing the current supply into smaller amounts can be seen as having the same overall effect. I think that the key difference in the division of satoshi’s is that it is not controlled by a central authority. For example if a new base unit that corresponded to 1/100 of a satoshi was created, everyone would be affected equally. When money is being printed by a central bank or government, they are increasing their wealth by making everyone else poorer, since they are increasing the percentage of money they have (note that I am not an economist and this explanation probably is flawed).', 'https://www.reddit.com/r/BitcoinBeginners/comments/i68cco/bitcoin_endgame/', 'i68cco', [['u/bitusher', 16, '2020-08-09 00:43', 'https://www.reddit.com/r/BitcoinBeginners/comments/i68cco/bitcoin_endgame/g0u1t9l/', '>and each bitcoin can be divided into 100 million satoshi.\n\nEach satoshi can be divided into 1000 parts as well on the Bitcoin lightning network today. Large transactions will be done onchain, most day to day transactions will be done on other layers like\npayment channels , sidechains, statechains that are more divisible than onchain. Already over half my transactions are lightning ones', 'i68cco'], ['u/TurongaFry3000', 13, '2020-08-09 01:12', 'https://www.reddit.com/r/BitcoinBeginners/comments/i68cco/bitcoin_endgame/g0u4yj6/', "21 million BTC split evenly between 7.8 billion people is 0.0023 BTC per person.\n\nThat's 230,000 satoshis. \n\nThe price of Bitcoin is just going to keep going up because Bitcoin is deflationary. \n\nTry to get a whole Bitcoin before you can no longer afford it.", 'i68cco']]], ['u/thomascr9695', 'Thank you Satoshi', 127, '2020-08-09 00:37', 'https://www.reddit.com/r/Bitcoin/comments/i68ciu/thank_you_satoshi/', "Sometimes it is easy to get lost in the gains we've been making, but lets not forget to thank satoshi. Imagine a world were we had no Bitcoin, how would we have ever been enable to fight the feds actions? The people have a tool to fight back now, this is something we've never had in history. Its time to kill the greed from the people in power.", 'https://www.reddit.com/r/Bitcoin/comments/i68ciu/thank_you_satoshi/', 'i68ciu', [['u/Leading_Zeros', 45, '2020-08-09 00:47', 'https://www.reddit.com/r/Bitcoin/comments/i68ciu/thank_you_satoshi/g0u2ay9/', 'Satoshi had the best idea any human has ever had. Thank you Satoshi Nakomoto.', 'i68ciu'], ['u/thegrandknight', 11, '2020-08-09 02:00', 'https://www.reddit.com/r/Bitcoin/comments/i68ciu/thank_you_satoshi/g0ua1tq/', 'Bitcoin is Occupying wallstreet.', 'i68ciu'], ['u/Mark_Bear', 11, '2020-08-09 02:27', 'https://www.reddit.com/r/Bitcoin/comments/i68ciu/thank_you_satoshi/g0ucxht/', "It has freed me, so you're wrong.", 'i68ciu'], ['u/lib3rty47', 34, '2020-08-09 03:11', 'https://www.reddit.com/r/Bitcoin/comments/i68ciu/thank_you_satoshi/g0uhs8e/', 'it just blows my mind how much a polymath satoshi had to be. He understood Computer Sciences, Finance/Economics, History, Global Politics, Human Fear/Greed Psychology and the power of memes.', 'i68ciu']]], ['u/EsquimaltHarbour', 'Who to support?', 15, '2020-08-09 02:54', 'https://www.reddit.com/r/btcc/comments/i6agcq/who_to_support/', 'Hi,\n\nI used to watch btcc as a kid in the late nineties, and I thought about restarting now. But I have no idea who is who. Who is interesting/relatable/exciting and therefore with supporting?', 'https://www.reddit.com/r/btcc/comments/i6agcq/who_to_support/', 'i6agcq', [['u/Eriugam31', 19, '2020-08-09 03:37', 'https://www.reddit.com/r/btcc/comments/i6agcq/who_to_support/g0ukmhj/', "You don't have to support or follow a particular team and or driver. Just enjoy it as a whole, it's one of the few remaining competitive Motorsport series that isn't dominated by one particular team.", 'i6agcq'], ['u/Cyteless', 12, '2020-08-09 11:10', 'https://www.reddit.com/r/btcc/comments/i6agcq/who_to_support/g0vkbgb/', 'Tom Ingram, probably. Single car effort, hard racer, not the best car in the grid so he has to race hard.', 'i6agcq']]], ['u/Brawl97', 'Minds = Changed, A guide to highlander thief priest', 131, '2020-08-09 03:04', 'https://www.reddit.com/r/CompetitiveHS/comments/i6als6/minds_changed_a_guide_to_highlander_thief_priest/', "[I recently got to legend with highlander priest.](https://imgur.com/a/ADtQE6Y) \n\n[Here's the decklist](https://imgur.com/mBN2JAC)\n\nAAECAa0GHh7cAZACyQbTCrCRA4KUA5ibA+ubA/yjA5mpA9qsA4WtA82vA46xA5GxA+O0A5O6A5u6A6+6A/S7A8i+A8jAA7PMA9vMA5zNA8vNA+PRA/vRA6bVAwAA\n\nThings feel pretty good right now. I think priest has legs this expansions.\n\nI am especially happy with the fact that my girl Cabal Shadow Priest is back after being basically irrelevant to priest decks since the first set rotations way back when Naxx was still in standard.\n\nthe record I had going up was 42-20 (68% WR), and a great deal of the reason why that is has to do with a certain undead noble.\n\n**Key cards**\n\n***Wave of Apathy/Lazul's Scheme***: Despite what many, myself included thought, the damage debuffs are standout performers. The ability to knock a board of low to mid damage minions to something manageable is a godsend, and the ability to take a high damage guy and invalidate its existence that turn has saved my life multiple times. That's not even going into the theft package.\n\nIf you have WoA/LS going into a midrange/control matchup, keep em. LS is better to keep because of how much more flexible it is for the theft package.\n\n***Cabal Acolyte/CSP/Shadow Madness***: The theft package is where the first key cards get busted. Strongest of the theft package is the acolyte, because it's cheaper and it taunts. Successfully stealing anything against aggro is backbreaking for them, and against control a damage debuff into this guy causes insta concedes. Apologies to all ctrl warriors, stealing your Rattlegore made me smile like a fiend.\n\nCabal Shadow Priest is slower, and Madness doesn't leave a body, but these two cards also cause a great deal of fits. Madness is generally anti aggro, but if someone drops a tyrion or something, debuff into steal into 0 mana forbidden words does the trick.\n\nHold Acolyte and madness vs aggression, hold acolyte/CSP vs control if you have a debuff.\n\n***Shadow word Ruin***: Another card that I never thought would see the light of day, SW:R is an MVP for its ability to sweep pure pally and big druid into the dumpster. In fact, with warlocks all running flesh golems and Vancleef all-ins being a thing that still happens, it's never been a better time to have AOE big dude clear.\n\n**The Elephant in the room**\n\nMindrender Illucia is impossible to overhype. She's the stone cold nuts, without her this deck would almost certainly have 15% worse performance. \n\n[That sounds hyperbolic but the number of games that were just frankly stolen by this broken-ass card boggles the mind. Note that I said stolen, not helped, but actually was the card that instantly ends the other guy's game. She's generally helpful, but she also just ruins games.](http://memes.ucoz.com/_nw/61/02831990.jpg)\n\nGenerally you should try to play her on turn 5 against aggro, turn 8-10 against combo and control. Don't give her away if she has your galakrond or a fully loaded theft package, be reasonable, your deck is hard to dump.\n\nIf your hand is really bad against aggression, just slam her on 3. You probably get a minion out of them, if they're going second, take their coin too.\n\n**Matchups**\n\n**In General** \n\nNever throw Zeprhys or disciple of galakrond. If you think you can afford to keep Wave of Apathy or Scheme, do so, but only one of those. if you have scheme and acolyte, always k... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Earlier in the Day: It\x92s was a relatively busy start to the day on the economic calendar this morning. The Kiwi Dollar and economic data from China were in focus in the early part of the day. Away from the economic calendar, updates on the U.S stimulus package continued to be an area of focus as the markets also responded to Friday\x92s U.S non-farm payroll numbers. On the geopolitical risk front, rising tension between the U.S and China was also of influence. For the Kiwi Dollar The ANZ Business Confidence Index fell from -34.4 to 42.4 in July. According to the latest ANZ Report , A net 17% of firms expect weaker economic activity in their own business, falling from -8.9% in July. Export intensions fell from -12.7% to -18.50%, with investment intentions falling from -6.7% to -15.1%. Profit expectations weakened from-26.6% to -32.2%, with employment intentions declining from -15.1% to -21.4%. The Kiwi Dollar moved from $0 66029 to $0.66012 upon release of the figures. At the time of writing, the Kiwi Dollar was up by 0.02% to $0.6606. Out of China China\x92s annual rate of inflation picked up from 2.5% to 2.7% in July, coming in ahead of a 2.6% forecast. Month-on-month, consumer prices rose by 0.6%, following a 0.1% decline in June. Economists had forecast a 0.4% rise. Year-on-year, the producer price index fell by 2.4%, following a 3% decline in June. Economists had forecast a 2.5% slide. The Aussie Dollar moved from $0.71620 to $0.71673 upon release of the figures. At the time of writing, the Aussie Dollar was up by 0.15% to $0.7168. Elsewhere At the time of writing, the Japanese Yen was up by 0.13% to ¥105.78 against the U.S Dollar. The Day Ahead: For the EUR It\x92s a quiet day ahead on the economic calendar . There are no material stats to provide the EUR with direction. A lack of stats will leave the EUR in the hands of market risk sentiment on the day. The U.S stimulus package and tensions between the U.S and China will remain key drivers. Story continues At the time of writing, the EUR was up by 0.07% to $1.1795. For the Pound It\x92s also a quiet day ahead on the economic calendar , with no material stats due out to provide direction. Updates on Brexit and market risk sentiment will be the key drivers for the Pound. At the time of writing, the Pound was up by 0.16% to $1.3073. Across the Pond It\x92s a relatively quiet day ahead for the U.S Dollar. Key stats include June\x92s JOLT\x92s job openings. While we will expect some influence from the numbers, chatter from the Oval Office will need monitoring. At the time of writing, the Dollar Spot Index was up by 0.06% to 92.848. For the Loonie After a quiet day ahead, with no material stats to provide the Loonie with direction. Any retaliatory moves by Canada and China against Trump\x92s latest actions would be a test for crude oil and the Loonie. Positive economic data from last week, however, from the U.S and the EU should limit any major downside. At the time of writing, the Loonie was up by 0.07% to C$1.3374 against the U.S Dollar. For a look at all of today\x92s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: The U.S Stimulus Package and U.S \x96 China Tension Puts the Dollar in the Spotlight EOS, Ethereum and Ripple\x92s XRP \x96 Daily Tech Analysis \x96 August 10th, 2020 US Stock Market: Jobs Data Rattles Investors as Money Moves from Growth to Value Stocks President Trump Signs Additional COVID Relief \x96 What To Expect from the Markets Bitcoin and Ripple\x92s XRP Weekly Technical Analysis \x96 August 10th, 2020 AUD/USD and NZD/USD Fundamental Weekly Forecast \x96 RBNZ Aims to Keep Monetary Policy Unchanged', 'It’s was a relatively busy start to the day on theeconomic calendarthis morning. The Kiwi Dollar and economic data from China were in focus in the early part of the day.\nAway from the economic calendar, updates on the U.S stimulus package continued to be an area of focus as the markets also responded to Friday’s U.S non-farm payroll numbers.\nOn the geopolitical risk front, rising tension between the U.S and China was also of influence.\nThe ANZ Business Confidence Index fell from -34.4 to 42.4 in July.\nAccording to the latestANZ Report,\n• A net 17% of firms expect weaker economic activity in their own business, falling from -8.9% in July.\n• Export intensions fell from -12.7% to -18.50%, with investment intentions falling from -6.7% to -15.1%.\n• Profit expectations weakened from-26.6% to -32.2%, with employment intentions declining from -15.1% to -21.4%.\nThe Kiwi Dollar moved from $0 66029 to $0.66012 upon release of the figures. At the time of writing, theKiwi Dollarwas up by 0.02% to $0.6606.\nChina’s annual rate of inflation picked up from 2.5% to 2.7% in July, coming in ahead of a 2.6% forecast. Month-on-month, consumer prices rose by 0.6%, following a 0.1% decline in June. Economists had forecast a 0.4% rise.\nYear-on-year, the producer price index fell by 2.4%, following a 3% decline in June. Economists had forecast a 2.5% slide.\nThe Aussie Dollar moved from $0.71620 to $0.71673 upon release of the figures. At the time of writing, theAussie Dollarwas up by 0.15% to $0.7168.\nAt the time of writing, theJapanese Yenwas up by 0.13% to ¥105.78 against the U.S Dollar.\nIt’s a quiet day ahead on theeconomic calendar. There are no material stats to provide the EUR with direction.\nA lack of stats will leave the EUR in the hands of market risk sentiment on the day. The U.S stimulus package and tensions between the U.S and China will remain key drivers.\nAt the time of writing, theEURwas up by 0.07% to $1.1795.\nIt’s also a quiet day ahead on theeconomic calendar, with no material stats due out to provide direction.\nUpdates on Brexit and market risk sentiment will be the key drivers for the Pound.\nAt the time of writing, thePoundwas up by 0.16% to $1.3073.\nIt’s a relatively quiet day ahead for the U.S Dollar. Key stats include June’s JOLT’s job openings.\nWhile we will expect some influence from the numbers, chatter from the Oval Office will need monitoring.\nAt the time of writing, theDollar Spot Indexwas up by 0.06% to 92.848.\nAfter a quiet day ahead, with no material stats to provide the Loonie with direction.\nAny retaliatory moves by Canada and China against Trump’s latest actions would be a test for crude oil and the Loonie.\nPositive economic data from last week, however, from the U.S and the EU should limit any major downside.\nAt the time of writing, theLooniewas up by 0.07% to C$1.3374 against the U.S Dollar.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• The U.S Stimulus Package and U.S – China Tension Puts the Dollar in the Spotlight\n• EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – August 10th, 2020\n• US Stock Market: Jobs Data Rattles Investors as Money Moves from Growth to Value Stocks\n• President Trump Signs Additional COVID Relief – What To Expect from the Markets\n• Bitcoin and Ripple’s XRP Weekly Technical Analysis – August 10th, 2020\n• AUD/USD and NZD/USD Fundamental Weekly Forecast – RBNZ Aims to Keep Monetary Policy Unchanged', 'Bitcoin rose by 5.57% in the week ending 9thAugust. Following on from an 11.11% rally from the previous week, Bitcoin ended the week at $11,675.3.\nIt was a bullish week for Bitcoin and the broader market. Bitcoin slipped to a Monday intraweek low $10,943.0 before making a move.\nSteering clear of the first major support level at $9,967, Bitcoin rallied to a Friday intraweek high $11,900.\nFalling short of the week’s first major resistance level at $12,119, Bitcoin fell back to $11,500 levels before finding support.\n5 days in the green that included a 4.93% rally on Wednesday delivered the upside for the week.\nBitcoin would need to avoid a fall through $11,506 pivot to support another run the first major resistance level at $12,069 into play.\nSupport from the broader market would be needed for Bitcoin to break out from the current week high $12,060.\nBarring another extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a breakout, Bitcoin could break out from the second major resistance level at $12,463 to target $13,000 levels.\nA fall through the $11,506 pivot would bring the first major support level at $11,112 into play.\nBarring an extended sell-off, Bitcoin should avoid sub-$11,000 levels and the second major support level at $10,549.\nAt the time of writing, Bitcoin was up by 2.80% to $12,002.0. A bullish start to the week saw Bitcoin rise from an early morning low $11,675.3 to a high $12,060 on Monday.\nBitcoin tested the first major resistance level at $12,069 at the start of the week.\nRipple’s XRP slipped by 0.04% in the week ending 9thAugust. Following the previous week’s 33.50% breakout, Ripple’s XRP ended the week at $0.28781.\nA bullish start to the week saw Ripple’s XRP rally to a Monday intraweek high $0.31950 before hitting reverse.\nFalling short of the first major resistance level at $0.3395, Ripple’s XRP slid to a Friday intraweek low $0.27742.\nSteering well clear of the first major support level at $0.22249, Ripple’s XRP revisited $0.29 levels before slipping back to sub-$0.29 levels and into the red.\n3-days in the red reversed Monday’s 7.68% rally to leave Ripple’s XRP in the red for the week.\nRipple’s XRP would need to avoid a fall through the $0.29491 pivot to support a run at the first major resistance level at $0.31240.\nSupport from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.31 levels.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another breakout, 23.6% FIB of $0.3134 and the second major resistance level at $0.33699 could come into play.\nA fall through the $0.29491 pivot would bring the first major support level at $0.27032 **Last 60 Days of Bitcoin's Closing Prices:** [9321.78, 9480.84, 9475.28, 9386.79, 9450.70, 9538.02, 9480.25, 9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-10 **Financial & Commodity Data:** - Gold Closing Price: $2024.40 - Crude Oil Closing Price: $41.94 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $220,982,218,762 - Hash Rate: 114901504.532898 - Transaction Count: 308367.0 - Unique Addresses: 683507.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.78 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: In a highly competitive and rapidly digitizing business ecosystem, advertising plays a major role in a brand’s success. So much so, thataccording to MarketingDive, global ad spending was expected to grow at 5%, reaching $600 billion by the end of 2019, nearly half of which was to come from digital ads. Apart from the direct use of technology, the boom in social media has significantly contributed to this growth. After all, advertisement is all about getting a brand in front of people: the more targeted, the better. With an expected3.43 billion global user base by 2023, social media platforms are some of the best resources to do so. But despite rapid growth and rising importance, there are dark sides to traditional models of advertising. The Pitfalls of Traditional Advertising According to Juniper Research, by 2020 marketers around the world could be losing around $44 billion to ad frauds — by far, the biggest problem with traditional advertising. This is largely due to the fact that the industry is highly centralized and opaque. Advertising agencies often act as intermediaries between advertisers and their audiences. Often, advertisers have to pay a hefty initial fee and a monthly subscription for running their advertisements. The advertiser has very little to no control over where their ads are placed or who clicks on them. Consequently, they bear the cost of the agency’s ineffective placement, while the overall advertising cost also ends up being significantly high. While social media is a major space for running ad campaigns, traditional methods do not encourage the platforms’ users to participate. The end-users of social media are seen merely as consumers and not contributors. To a great extent, this limits the scope of ad campaigns on platforms that mostly run on user-generated content. The Promise of Decentralized Advertising Most of the shortcomings of traditional advertising are due to the industry’s centralized nature. In this context, Distributed Ledger Technology, especiallyblockchain, enables a more user-centric approach to advertising. In blockchain advertising, advertisers can directly interact with end-users who, in turn, can contribute and monetize content and efforts towards an ad campaign. Before trying to understand this better with an example, let’s briefly outline the main benefits of using blockchain for advertising. First, the elimination of intermediaries results in reduced costs. Usually, a major share of ad spending pays for the fee and other charges of the intermediaries. By using blockchain, advertisers don’t need to rank high on Google, alleviating the vicious cycle of having to consistently invest time and money into ranking high on Google search. In turn, this also significantly widens the scope as advertisers are no more dependent solely on certain agencies or oligarchies. Second, with blockchain’s inherent transparency and security features (such as smart contracts), it’s possible to reinstate the consumer’s trust in advertising. Most importantly, this makes ad fraud virtually impossible, while making the industry more accountable as a whole. Third, in blockchain advertising, consumers have complete control over the data that they share with advertisers. Further, blockchain technology ensures that advertisers cannot use this data in any other way than what has been previously agreed upon. A Perfect Blockchain Advertising Case Study: The SaTT Platform TheSaTTsolution was developed byAtayen, Incand is an Ethereum-based platform that uses smart contracts and an ERC20 token to facilitate advertisements transactions. Apart from safe, instant, and automated transactions, the decentralized platform employs robust applications to transparently quantify campaign results. Using this incentivized platform, advertisers can launch campaigns in which other users can participate by sharing related content on their social networks. In return, they are rewarded with pre-determined SaTT tokens, which are based on several KPIs such as views, likes, and shares. All users on the application are eligible to apply to promote a product or service they like and get rewarded in SaTT tokens and play the role of an influencer. As companies are very attentive to their most engaged followers on social networks, SaTT is positioning itself as a revolutionary solution to reward them and considerably increase a company's exposure on social networks, without depending on a centralized entity. Centralization, opacity, and high costs are some of the major problems with traditional advertising. Also, there’s a serious lack of user participation. Using blockchain technology, innovative startups are coming up with innovative solutions to these problems, ultimately helping revolutionize advertising. As any user with a substantial social network following can create and monetize content for ad campaigns, these blockchain-based platforms also enable a paradigm shift in influencer marketing. Disclaimer: Please consult your financial advisor before investing in any cryptocurrencies as they are volatile and pose risks for the average investor. This post is informational in nature and does not constitute financial advice. The writer of this article does not hold and has never held any position in SaTT. See more from Benzinga • Digitex Launches Commission-Free Bitcoin Futures Trading • The Top 10 DeFi Projects To Watch In The Second Half Of 2020 • If Blockchain Can't Serve Gamers, It's Useless © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Leading Japan with 60% market share, Amaten to become the next Amazon in the gift card industry, estimated to reach $2.7 Trillion in value by 2027 TOKYO, JAPAN - Media OutReach - 11 August 2020 - Japan\'s largest digital gift card marketplace " Amaten " has announced plans to globalize its brand across the world, after record sale that reached $100 million USD. The company has reinvented the digital gift card solutions to create "win-win" situation for both consumers and shops, shooting to a resounding growth in recent years. Today, Amaten has set up its first overseas operations in Dubai, UAE. Since 2019, the gift card market generated profits worth $617 billion, this number is projected to reach a revised size of $2.7 Trillion by 2027 as demand for going cashless is accelerating during the Covid-19 era. It is a market that is rarely talked about yet, its current technology is completely obsolete into today\'s digital world. Retailers increasingly refer to adoption of digital gift cards, yet they struggle with technical errors that make their cards easily compromised to be used multiple times, causing financial losses, in addition to more common issues, where gift cards have limited purchasing options and tight expiry dates. This is where Amaten comes to the rescue, the massive success the fintech company has brought in Japan comes from the revolutionary makeovers that it created in digital gift card industry. At first glance, Amaten is engineering their digital gift cards with blockchain integration. It is taking the gift card and putting on a smart contract making it truly digital thus, illuminating all the structural short coming of the current technology. This provides a great advantage for merchants and consumers from security standpoint, as they\'ll be able to trace gift cards ensuring that it\'s not compromised, as Blockchain will ensure highest level of data encryption. This advanced integration makes Amaten the most secure gift card issuer on the internet, thus tackling the "Gift Card Error" issue that is commonly seen among other suppliers. A long-awaited paradigm shift in this fintech industry. Story continues Apart from accepting gift card purchases using cash, Amaten was among the first marketplaces worldwide to accept Bitcoin. Conversely, users can redeem unwanted gift cards to cash, hence tackling the issue of unused cards that counts $1 Billion in losses globally every year. The Amaten platform currently list the top 25 global merchants gift cards, the likes of Amazon, Apple, Rakuten and Google within the Japanese market. Soon, Amaten will allow any merchant to issue gift cards, thus encouraging buyers to purchase them for potential shopping in the foreseeable future, thus keeping businesses under financial support during slow economic activity. The inspiration for Amaten\'s innovation comes from one of Japan\'s IT industry leaders, Mr. Tom Kanazawa, who played a major role to backing and funding IT ventures in Japan since 1998, he is currently the Chairman of Amaten. Commenting on the opportunities that Amaten has for investors, Mr. Tom Kanazawa said "Amaten has the potential of becoming a monopolistic enterprise and change the gift card for good, because we are solving the last mile problem between cash and the legacy gift card, Until recently, it was deemed impossible for the industry to reinvent itself, but as for Amaten, using our blockchain solution built on Aelf, we tackled those structural issues and will ensure a seamless experience for our users and merchants, finally building a true fintech digital product and expanding the industry and its market \'size even further. This is a true use case for blockchain technology that can be applied right away!" Mr. Kanazawa added, "We also have seen quite some interest for white label solutions that can be provided to hotel chains for example or enterprise incentive programs to create a truly digital and seamless ecosystem. We invite everyone interested in AMA to join our telegram channel , or to visit our website amaten.io, me and the team will be happy to cater to your questions and we\'ll be here to help!".', 'Leading Japan with 60% market share, Amaten to become the next Amazon in the gift card industry, estimated to reach $2.7 Trillion in value by 2027 TOKYO, JAPAN - Media OutReach - 11 August 2020 - Japan\'s largest digital gift card marketplace " Amaten " has announced plans to globalize its brand across the world, after record sale that reached $100 million USD. The company has reinvented the digital gift card solutions to create "win-win" situation for both consumers and shops, shooting to a resounding growth in recent years. Today, Amaten has set up its first overseas operations in Dubai, UAE. Since 2019, the gift card market generated profits worth $617 billion, this number is projected to reach a revised size of $2.7 Trillion by 2027 as demand for going cashless is accelerating during the Covid-19 era. It is a market that is rarely talked about yet, its current technology is completely obsolete into today\'s digital world. Retailers increasingly refer to adoption of digital gift cards, yet they struggle with technical errors that make their cards easily compromised to be used multiple times, causing financial losses, in addition to more common issues, where gift cards have limited purchasing options and tight expiry dates. This is where Amaten comes to the rescue, the massive success the fintech company has brought in Japan comes from the revolutionary makeovers that it created in digital gift card industry. At first glance, Amaten is engineering their digital gift cards with blockchain integration. It is taking the gift card and putting on a smart contract making it truly digital thus, illuminating all the structural short coming of the current technology. This provides a great advantage for merchants and consumers from security standpoint, as they\'ll be able to trace gift cards ensuring that it\'s not compromised, as Blockchain will ensure highest level of data encryption. This advanced integration makes Amaten the most secure gift card issuer on the internet, thus tackling the "Gift Card Error" issue that is commonly seen among other suppliers. A long-awaited paradigm shift in this fintech industry. Story continues Apart from accepting gift card purchases using cash, Amaten was among the first marketplaces worldwide to accept Bitcoin. Conversely, users can redeem unwanted gift cards to cash, hence tackling the issue of unused cards that counts $1 Billion in losses globally every year. The Amaten platform currently list the top 25 global merchants gift cards, the likes of Amazon, Apple, Rakuten and Google within the Japanese market. Soon, Amaten will allow any merchant to issue gift cards, thus encouraging buyers to purchase them for potential shopping in the foreseeable future, thus keeping businesses under financial support during slow economic activity. The inspiration for Amaten\'s innovation comes from one of Japan\'s IT industry leaders, Mr. Tom Kanazawa, who played a major role to backing and funding IT ventures in Japan since 1998, he is currently the Chairman of Amaten. Commenting on the opportunities that Amaten has for investors, Mr. Tom Kanazawa said "Amaten has the potential of becoming a monopolistic enterprise and change the gift card for good, because we are solving the last mile problem between cash and the legacy gift card, Until recently, it was deemed impossible for the industry to reinvent itself, but as for Amaten, using our blockchain solution built on Aelf, we tackled those structural issues and will ensure a seamless experience for our users and merchants, finally building a true fintech digital product and expanding the industry and its market \'size even further. This is a true use case for blockchain technology that can be applied right away!" Mr. Kanazawa added, "We also have seen quite some interest for white label solutions that can be provided to hotel chains for example or enterprise incentive programs to create a truly digital and seamless ecosystem. We invite everyone interested in AMA to join our telegram channel , or to visit our website amaten.io, me and the team will be happy to cater to your questions and we\'ll be here to help!".', "Apple Inc(NASDAQ:AAPL) Chief Executive Officer Tim Cook is now a billionaire\xa0— thanks to the near $2 trillion market cap Apple is enjoying, BloombergreportedTuesday.\nWhat Happened\nCook’s wealth has exceeded the $1 billion mark, according to the calculations done by Bloomberg Billionaires Index.\nApple shares have risen nearly 5% in the\xa0last week and almost 54% year-to-date, with the company’s market capitalization approaching $2 trillion.\nThe Cupertino-based tech giant was valued at $350 billion at the time its co-founder Steve Jobs died in 2011.\nWhy It Matters\nThe rise in Cook’s wealth and Apple’s value mirrors the growth of the so-called FAANG stocks, an acronym that refers toFacebook Inc(NASDAQ:FB),Amazon.com, Inc(NASDAQ:AMZN), Apple,Netflix Inc(NASDAQ:NFLX) andAlphabet Inc(NASDAQ:GOOGL) (NASDAQ:GOOG), formerly known as Google, Bloomberg noted.\nUnlike Facebook CEO Mark Zuckerberg\xa0and other tech titan founders\xa0— such asTesla Inc's(NASDAQ:TSLA)\xa0Elon Musk\xa0— who own significant chunks of their companies, Cook’s ownership of Apple shares has been incremental and a part of equity awards.\nCook reportedly said he plans to give most of his fortune to charity and has already donated shares to the tune of millions of dollars.\nAmazon CEO Jeff Bezos, therichest person on the planet, sold $3 billion worth of Amazon shares this month after having sold $4.1 billion worth of shares in January and February this year, under a pre-planned arrangement.\nPrice Action\nApple shares closed 1.45% higher at $450.91 on Monday and fell 0.22% in the after-hours session.\nSee more from Benzinga\n• Amazon Asks Podcasters To Stream On Its Platforms, But Conte **Last 60 Days of Bitcoin's Closing Prices:** [9480.84, 9475.28, 9386.79, 9450.70, 9538.02, 9480.25, 9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-11 **Financial & Commodity Data:** - Gold Closing Price: $1932.60 - Crude Oil Closing Price: $41.61 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $220,982,218,762 - Hash Rate: 129741892.842126 - Transaction Count: 349952.0 - Unique Addresses: 744212.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.84 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Patrick Murck is chief legal officer at Transparent Systems, developers of distributed settlement solutions, and an affiliate at Harvard’s Berkman Klein Center. Linda Jeng is global head of policy and special counsel at Transparent Systems and a senior fellow at Georgetown’s Institute of International Economic Law. Digital dollars can be designed in any number of ways, and these design choices will have profound implications for the people who use them. Congress should carefully consider why we need a digital dollar and what should be the core objectives. Is the goal of a digital dollar simply to make payments more efficient, or do we want a digital dollar that helps build a more equitable and inclusive financial system? Under the strain of civil unrest and the COVID-19 lockdown, cracks that have long existed in the American economic system are widening into fissures, from health care and child care to food production and financial services. The accumulation of these fissures is exacerbating an already significant wealth and opportunity gap between richer and poorer American households, one that all too often falls along racial lines. According to Pew Research Center, the U.S. middle class has been shrinking over the past five decades and is no longer a large majority. Related: Bitcoin Has American Mindshare but Few Users See also: Digital Dollar? Get Real, Financial Inclusion Advocates Tell Congress The wealth gap between upper-income and middle- and lower-income families is growing apace. Since 1983, the share of U.S. aggregate wealth of upper income families grew from 60% to 79%, while shares of wealth for middle income families fell from 32% to 17%, and from 7% to 4% for lower income families. Nearly half of all Americans live paycheck to paycheck. In a recent Federal Reserve survey, one in five American workers lost their jobs in March, among which 40% were from low-income households making less than $40,000. The gap in access to financial services has made it difficult for even the government to quickly send rescue money to those in need under the CARES Act. Story continues A few members in Congress had the courage to be innovative and introduced bills proposing a Fed-run digital dollar, but the focus of their bills was limited to a “digital dollar” that was merely a conduit for American households and businesses to open accounts directly with the Federal Reserve. Elsewhere in the private sector, Facebook revised its Libra offering in an attempt to placate the many and varied critiques of its first crypto-currency proposal. Libra’s response was simply falling back on conventional and not particularly innovative approaches. Related: Five Years On, Ethereum Really Is the ‘Minecraft of Crypto-Finance’ These discussions are neglecting how technology design often reinforces the status quo and the gaps between the haves and the have-nots of America. Digital dollar efforts need to be intentional about how their designs leverage actual innovation in a way that helps bridge these gaps if our goal is to foster a more equitable and inclusive national economy. Community-based ownership would allow the economic gains of the network to be equitably shared and not reserved for those who have access to capital and connections. Not unlike the social contract between banks and the public, there is also a social contract between financial platforms and the public. To reflect this truth, these digital dollar networks should be treated as public utilities. The public that uses digital dollar networks should share in the ownership and governance of these networks. Meaningful self-governance of the financial networks and platforms we use would help facilitate actual inclusion of communities in their economic growth and well-being rather than the predatory inclusion that is all-too-common in tech and financial circles. In particular, for underserved communities to find a digital dollar useful and supportive of the kinds of services and products they need, the digital dollar network needs to be first designed around these communities’ lived experiences and not based on assumptions or aggregate data. Community-based ownership would further ensure a meaningful role in the design of these networks. As owners, they can lay the foundational digital stack for a generative economic ecosystem that serves their real economic needs. Beyond governance, community-based ownership would allow the economic gains of the network to be equitably shared among all participants and not reserved for those who have access to capital and connections. That is, unlike Libra where the network is owned by Facebook and other big tech and financial firms, consideration should be given for public or co-operative ownership of digital dollar networks by the actual users. By placing the users at the top of the ownership structure, revenues and capital can be deployed to best serve the interests of these communities rather than a distant, often rent-seeking, third party. See also: Marcelo M. Prates – Digital Dollars Can Reduce Unemployment, Here’s How Technological advancement has lowered the costs of creating and administering networks such that a cooperative model for a digital dollar network has become feasible and could unlock significantly more accessible and efficient financial services that are tailored to community needs. Slow paper checks and invoices and costly wire transfers can and should be made irrelevant. People getting faster and more direct access to money would be able to automate their cash flow, saving on time and costly fees. It is time for policymakers to leverage technology for the have-nots and develop a digital dollar system that can do more than just make payments more efficient, and rather, lay a strong digital foundation for economic growth and innovation. Related Stories How a Digital Dollar Can Make the Financial System More Equitable How a Digital Dollar Can Make the Financial System More Equitable... - Reddit Posts (Sample): [['u/curryfanta', "I'll bet anything that BTC will be 100K by the end of 2022.", 65, '2020-08-11 00:55', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/', "Back in 2018 I posted a prediction that BTC would go down to $3200. When it happened, it was a pleasant surprise and I quickly told as many people as I could to get into BTC. Of course, very few of them did. My crypto brothers and sisters, it's still not too late to get in early - I'm all in and holding strong until BTC hits 100K. I'm so confident in this prediction that I'm willing to wager anything on this bet. What do you think is the most profitable way to bet on this prediction? I'll follow through on the best comment and provide API access to monitor the trade(s).\n\nMy prediction: [https://www.tradingview.com/chart/BTCUSD/z9dJ8zxb-BTC-long-term-bear-prediction/](https://www.tradingview.com/chart/BTCUSD/z9dJ8zxb-BTC-long-term-bear-prediction/)", 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/', 'i7fqm4', [['u/RFV1985', 56, '2020-08-11 01:14', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g11nj75/', 'You’re holding until it hits $100k? Why? For bitcoin to merely match the market cap of gold, it would have to be at least $500k. Bitcoin’s market cap will eventually exceed that of gold - that I feel very confident of.\n\nI can’t even fathom the idea of selling bitcoin before 2030.', 'i7fqm4'], ['u/samuarichucknorris', 13, '2020-08-11 01:58', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g11sckl/', "I agree. For me it's still extremely risky, but the reward is huge. I'm seriously considering more or less doubling my current holdings and at this point that would make me a multi coiner.\n\nTo think in 10 years a total investment of less than 20K can yield a value of over a million dollars. For me though, if it were even in that universe.. I'd hold until I wanted to retire. So.... somewhere between 15 and 20 years from now.", 'i7fqm4'], ['u/veganic11', 10, '2020-08-11 02:21', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g11utxq/', "Why have a date in mind to sell. Wouldn't it be wiser to sell as needed when it reaches your goal price?", 'i7fqm4'], ['u/m9299', 10, '2020-08-11 02:27', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g11vhus/', "Just say you'll eat your own dick live on TV.", 'i7fqm4'], ['u/chatonnu', 18, '2020-08-11 02:33', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g11w3y6/', 'You can buy a March 26, 2021 call with a strike price of $36,000 for the low, low price of $434 right now. \n\n[https://www.deribit.com/main#/options?tab=BTC-26MAR21](https://www.deribit.com/main#/options?tab=BTC-26MAR21)', 'i7fqm4'], ['u/curryfanta', 10, '2020-08-11 02:41', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g11x0mg/', "At 100-120K I'm 100% selling all my BTC and rebuying the dips. Also, I'm cashing out a portion to diversify.", 'i7fqm4'], ['u/RFV1985', 13, '2020-08-11 02:48', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g11xs6r/', 'You’re assuming you’ll be able to identify the peaks and the real dips that follow. Newsflash - you won’t. Hindsight is 20/20. How many billionaires do you know that made their wealth purely on timing the market?\n\nTime in the market > Timing the market', 'i7fqm4'], ['u/RFV1985', 14, '2020-08-11 02:57', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g11yo8r/', 'It doesn’t mean I’ll sell in 2030. But I truly believe any young investor thinking of selling before then is really short sighted.\n\nThe reason you don’t see bitcoin billionaires today who bought at <$1 is greed and shortsightedness.\n\nIf you truly believe in the value of bitcoin and what it will bring for the future, you wouldn’t worry about daily price fluctuations like so many on this sub do.\n\nBitcoin could drop 50% tomorrow and I could not care less about the negative impact it would bring to my net worth. I just keep on buying because I understand it’s utility. I don’t care if I’m buying at $12k or $6k just as long as I keep on buying.\n\nI have not sold a single satoshi since investing in bitcoin. If every investor thought like me, we’d be at the moon by now and I still wouldn’t sell.', 'i7fqm4'], ['u/RFV1985', 12, '2020-08-11 03:37', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g122xm7/', 'So you’re saying you can accurately predict BTC price movements?\n\nIf you are correct, then there’s nothing stopping you from leveraging margin to become a multi billionaire within a few years time.', 'i7fqm4'], ['u/punto-', 12, '2020-08-11 05:09', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g12clp5/', "I'll sell you some btc at half that price right now", 'i7fqm4'], ['u/samuarichucknorris', 11, '2020-08-11 06:25', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g12jnol/', 'Well yeah.... but that magnitude of returns is no longer possible really. That would put the market cap of BTC out of this universe.', 'i7fqm4'], ['u/krokodilmannchen', 16, '2020-08-11 13:27', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g13bc7v/', 'I bet you 0.1 ETH it will be below $100k by the end of 2022.', 'i7fqm4'], ['u/jumnhy', 11, '2020-08-11 14:48', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g13hqic/', 'This is. Check out Augur.', 'i7fqm4']]], ['u/alive_consequence', 'Monero GUI and CLI mnemonic backups appreciation time', 43, '2020-08-11 01:36', 'https://www.reddit.com/r/Monero/comments/i7ggul/monero_gui_and_cli_mnemonic_backups_appreciation/', "Recently I was researching a little bit about how mnemonic backups work, and found [this](https://bitcointalk.org/index.php?topic=5164527.msg51815560#msg51815560) great explanation for Bitcoin's case, which also looks like a nightmare scenario, since long story short: Bitcoin Core doesn't support mnemonics and basically you are stuck with storing your wallet.dat binary, hoping for not losing it or it getting corrupted.\n\nBy contrast, both Monero Core wallets (GUI and CLI) support mnemonic backups and are compatible between each other (I just tested this to be sure, and was delighted to find this true, plus seeing how slicker the GUI looks now after quite some time without trying it out).\n\nYeah, you could use Electrum or some other wallet for mnemonic backups in Bitcoin, but it is just not the same level of security as using a Core wallet.\n\nSo I just wanted to take some time to highlight how much I appreciate this Monero feature.\n\nWhat do you think? Am I hyping Monero's native mnemonic backups too much because I'm missing something? Or do you also think that this feature is underrated?\n\nEdit: Just fixed the link format.", 'https://www.reddit.com/r/Monero/comments/i7ggul/monero_gui_and_cli_mnemonic_backups_appreciation/', 'i7ggul', [['u/hohhle', 11, '2020-08-11 05:29', 'https://www.reddit.com/r/Monero/comments/i7ggul/monero_gui_and_cli_mnemonic_backups_appreciation/g12ejts/', 'Underrated.', 'i7ggul'], ['u/AvailableSeaweed8', 13, '2020-08-11 05:32', 'https://www.reddit.com/r/Monero/comments/i7ggul/monero_gui_and_cli_mnemonic_backups_appreciation/g12eua0/', "> Am I hyping Monero's native mnemonic backups too much \n\nthe reality is that Bitcoin Core wallet is a bad wallet", 'i7ggul'], ['u/gingeropolous', 11, '2020-08-11 05:43', 'https://www.reddit.com/r/Monero/comments/i7ggul/monero_gui_and_cli_mnemonic_backups_appreciation/g12fw4d/', "> What do you think? Am I hyping Monero's native mnemonic backups too much because I'm missing something? Or do you also think that this feature is underrated?\n\nThe monero core software, overall, is underrated. I've tried doing the whole bitcoin thing... and it might have been because I learned monero first that I just didn't get the bitcoin setup... but damn. I was not ready for how annoying the bitcoin core software was to use. Granted, I think it might be simply too high level for me... i consider myself computer savvy, but not a l33t hax0r. Bitcoin core made a lot of assumptions that I was just not ready for as a user. \n\nbut yes. mnemonic backups ftw.", 'i7ggul'], ['u/SamsungGalaxyPlayer', 19, '2020-08-11 06:16', 'https://www.reddit.com/r/Monero/comments/i7ggul/monero_gui_and_cli_mnemonic_backups_appreciation/g12iyeh/', 'Another super underrated thing: the separation of the wallet and the daemon.', 'i7ggul']]], ['u/zaracap', 'Ceretropic Reseller Cuerpoymente – Fantastic Experience', 52, '2020-08-11 03:24', 'https://www.reddit.com/r/Nootropics/comments/i7ia57/ceretropic_reseller_cuerpoymente_fantastic/', 'Only a few month ago, I never thought I would see a Ceretropic product again... but then I heard that people were using reshippers to get product from affiliates in Mexico. At first, I thought that was too much work no matter how bad I wanted it. You had to find a seller, find a reshipper, register an account, link those up, and so on. But then I found Cuerpoymente, which not only resells Ceretropic (and other) product, but takes care of the reshipping process for you! Now this I had to investigate…\n\nI purchased [five vials of adamax](https://imgur.com/a/JJcFuku), which is a modified version of N-acetyl semax, and DAMN it is just as good as I remember. Since there are already reports on adamax, and Ceretropic is pretty much legendary around here at this point, I will not get into it much more. I... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['A California appeals court has ruled in favor of U.S cryptocurrency exchange Coinbase over its decision not to support the Bitcoin Gold hard fork in 2017.\n• Ruling at the state’s First Appellate Court (Division One), Judge Ethan P. Schulman agreed with the summary judgment of a prior trial court that was decided in favor of Coinbase, according to acourt documentfiled on Monday.\n• Plaintiff Darrell Archer first filed the lawsuit against Coinbase on March 27, 2018, alleging the exchange had violated its contract agreement with users over its stance on theBitcoin Gold hard fork.\n• Coinbase told users it would not support the fork because the project would not release its code to the public and that, as such, it was considered a “major security risk,” per the filing.\n• Archer also alleged Coinbase had retained control over thebitcoin gold(BTG) cryptocurrency resulting from the fork for its own benefit during that time.\n• In a hard fork of this nature, a blockchain is split off to form a new chain (sometimes with new features) and a new cryptocurrency.\n• In the case of bitcoin gold,bitcoinwas forked, creating BTG tokens equal in number to those owned by holders on the original chain.\n• While investors are automatically awarded their new duplicate holdings if they held their bitcoin in their own blockchain wallets, exchanges decide whether to support the fork and pass new coins onto customers holding assets on their platforms.\n• Archer – who held 350 bitcoin on Coinbase at the time of the fork – followed up his original complaint with an amendment alleging Coinbase’s “failure and refusal” to pass on the BTG represented breach of contract, negligence andconversion(a civil law version of theft).\n• On the breach of contract claim, the trial court concluded that Archer had failed to establish the existence of an agreement by Coinbase to provide bitcoin gold to him following the fork.\n• The conversion claim failed because the existing agreement did not grant the rights for Archer to the new coins, and did not require Coinbase to support the bitcoin gold fork.\n• To rule otherwise would place the “duty” on exchanges of having to support all bitcoin forks, the judge said, quoting a similar ruling in the state of Georgia.\n• For the third cause of action, negligence on behalf of Coinbase, the trial court had rejected Archer’s claim based on the “economic loss rule,” which the court held ruled out liability for negligence based on contractual obligations.\n• The appeals court has now upheld the original ruling that Coinbase’s agreement with Archer contained no part requiring Coinbase to provide services for cryptocurrencies from third parties.\n• Carlton Fields attorney Andrew Hinks commented in aTwitterthread late on Tuesday that the case may establish precedent and has implications over the future definition of cryptocurrency as property.\nAlso read:Coinbase Exits Industry Lobbying Group in Protest Over Recent Unspecified ‘Decisions’\n• Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit\n• Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit\n• Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit\n• Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit', 'A California appeals court has ruled in favor of U.S cryptocurrency exchange Coinbase over its decision not to support the Bitcoin Gold hard fork in 2017.\n• Ruling at the state’s First Appellate Court (Division One), Judge Ethan P. Schulman agreed with the summary judgment of a prior trial court that was decided in favor of Coinbase, according to acourt documentfiled on Monday.\n• Plaintiff Darrell Archer first filed the lawsuit against Coinbase on March 27, 2018, alleging the exchange had violated its contract agreement with users over its stance on theBitcoin Gold hard fork.\n• Coinbase told users it would not support the fork because the project would not release its code to the public and that, as such, it was considered a “major security risk,” per the filing.\n• Archer also alleged Coinbase had retained control over thebitcoin gold(BTG) cryptocurrency resulting from the fork for its own benefit during that time.\n• In a hard fork of this nature, a blockchain is split off to form a new chain (sometimes with new features) and a new cryptocurrency.\n• In the case of bitcoin gold,bitcoinwas forked, creating BTG tokens equal in number to those owned by holders on the original chain.\n• While investors are automatically awarded their new duplicate holdings if they held their bitcoin in their own blockchain wallets, exchanges decide whether to support the fork and pass new coins onto customers holding assets on their platforms.\n• Archer – who held 350 bitcoin on Coinbase at the time of the fork – followed up his original complaint with an amendment alleging Coinbase’s “failure and refusal” to pass on the BTG represented breach of contract, negligence andconversion(a civil law version of theft).\n• On the breach of contract claim, the trial court concluded that Archer had failed to establish the existence of an agreement by Coinbase to provide bitcoin gold to him following the fork.\n• The conversion claim failed because the existing agreement did not grant the rights for Archer to the new coins, and did not require Coinbase to support the bitcoin gold fork.\n• To rule otherwise would place the “duty” on exchanges of having to support all bitcoin forks, the judge said, quoting a similar ruling in the state of Georgia.\n• For the third cause of action, negligence on behalf of Coinbase, the trial court had rejected Archer’s claim based on the “economic loss rule,” which the court held ruled out liability for negligence based on contractual obligations.\n• The appeals court has now upheld the original ruling that Coinbase’s agreement with Archer contained no part requiring Coinbase to provide services for cryptocurrencies from third parties.\n• Carlton Fields attorney Andrew Hinks commented in aTwitterthread late on Tuesday that the case may establish precedent and has implications over the future definition of cryptocurrency as property.\nAlso read:Coinbase Exits Industry Lobbying Group in Protest Over Recent Unspecified ‘Decisions’\n• Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit\n• Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit\n• Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit\n• Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit', 'A California appeals court has ruled in favor of U.S cryptocurrency exchange Coinbase over its decision not to support the Bitcoin Gold hard fork in 2017. Ruling at the state\x92s First Appellate Court (Division One), Judge Ethan P. Schulman agreed with the summary judgment of a prior trial court that was decided in favor of Coinbase, according to a court document filed on Monday. Plaintiff Darrell Archer first filed the lawsuit against Coinbase on March 27, 2018, alleging the exchange had violated its contract agreement with users over its stance on the Bitcoin Gold hard fork . Coinbase told users it would not support the fork because the project would not release its code to the public and that, as such, it was considered a \x93major security risk,\x94 per the filing. Archer also alleged Coinbase had retained control over the bitcoin gold (BTG) cryptocurrency resulting from the fork for its own benefit during that time. In a hard fork of this nature, a blockchain is split off to form a new chain (sometimes with new features) and a new cryptocurrency. In the case of bitcoin gold, bitcoin was forked, creating BTG tokens equal in number to those owned by holders on the original chain. While investors are automatically awarded their new duplicate holdings if they held their bitcoin in their own blockchain wallets, exchanges decide whether to support the fork and pass new coins onto customers holding assets on their platforms. Archer \x96 who held 350 bitcoin on Coinbase at the time of the fork \x96 followed up his original complaint with an amendment alleging Coinbase\x92s \x93failure and refusal\x94 to pass on the BTG represented breach of contract, negligence and conversion (a civil law version of theft). On the breach of contract claim, the trial court concluded that Archer had failed to establish the existence of an agreement by Coinbase to provide bitcoin gold to him following the fork. The conversion claim failed because the existing agreement did not grant the rights for Archer to the new coins, and did not require Coinbase to support the bitcoin gold fork. To rule otherwise would place the \x93duty\x94 on exchanges of having to support all bitcoin forks, the judge said, quoting a similar ruling in the state of Georgia. For the third cause of action, negligence on behalf of Coinbase, the trial court had rejected Archer\x92s claim based on the \x93 economic loss rule ,\x94 which the court held ruled out liability for negligence based on contractual obligations. The appeals court has now upheld the original ruling that Coinbase\x92s agreement with Archer contained no part requiring Coinbase to provide services for cryptocurrencies from third parties. Carlton Fields attorney Andrew Hinks commented in a Twitter thread late on Tuesday that the case may establish precedent and has implications over the future definition of cryptocurrency as property. Story continues Also read: Coinbase Exits Industry Lobbying Group in Protest Over Recent Unspecified \x91Decisions\x92 Related Stories Appeals Court Backs Coinbase in Bitcoin Gold Fork \x91Breach of Contract\x92 Lawsuit Appeals Court Backs Coinbase in Bitcoin Gold Fork \x91Breach of Contract\x92 Lawsuit Appeals Court Backs Coinbase in Bitcoin Gold Fork \x91Breach of Contract\x92 Lawsuit Appeals Court Backs Coinbase in Bitcoin Gold Fork \x91Breach of Contract\x **Last 60 Days of Bitcoin's Closing Prices:** [9475.28, 9386.79, 9450.70, 9538.02, 9480.25, 9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-12 **Financial & Commodity Data:** - Gold Closing Price: $1934.90 - Crude Oil Closing Price: $42.67 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $213,275,069,362 - Hash Rate: 132269332.313077 - Transaction Count: 346405.0 - Unique Addresses: 733894.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Cryptography firm Bolt Labs has launched a private payment solution, zkChannels, on Tezos. The startup is now working with Tezos developer groups Nomadic Labs and Metastate to implement the tech in the next network update. Similar to the Lightning Network, zkChannels is a payment channel for blockchains but with zero-knowledge proofs attached. A current problem with Lightning – a payment solution built on top of the Bitcoin blockchain – is that in certain settings, you can see other people’s de facto bank accounts, called funding channels. zkChannel hides that information from merchants. Related:After Years of Resistance, BitPay Adopts SegWit for Cheaper Bitcoin Transactions “zkChannels is a chain-agnostic anonymous off-chain protocol that enables cheap and private value transfer between a customer and merchant,” Bolt Labs said in ablog post. Lightning developers are working on similar concepts through different means with projects such asmulti-part payments. Bolt Labs was founded in 2018 by J. Ayo Akinyele with Zcash co-founders Ian Miers and Matthew Green. The privacy projectraised $1.5 millionin an April 2019 seed round joined by Lemniscap, Xpring and others in addition to numerous angel investors such as Zcash co-founder Zooko Wilcox. Read more:Bolt Labs Raises $1.5 Million Seed Round to Boost Lightning Privacy Related:'I Failed Terribly at Keeping My Identity Secret': Scott Alexander on the Value of Pseudonymity Akinyele said the team built on top of Tezos to act as a testing ground of sorts for other blockchains. According to the firm’s announcement post: We are also interested in building a cross-chain bridge via zkChannels for connecting Zcash or Bitcoin to Tezos, and provides censorship-resistance to decentralized finance (DeFi) applications. Tezos raised $232 million in a 2017 initial coin offering (ICO), marketing itself as the “self-amending” ledger. That means the blockchain can conduct periodic code updates due to its hands-on governance procedures. For example, academic work detailing a possibleselfish mining schemeled to a code patch mere weeks after the paper’s publication. zkChannels is Bolt Labs’ first account-model implementation of its tech, Akinyele told CoinDesk. (Blockchains come in two flavors: the unspent transaction output (UTXO) model used by Bitcoin and the account model employed by Ethereum.) The firm also hasprivate channel implementationsfor both Bitcoin and Zcash, with the latter still in development. Read more:Why Harvard Research on a Low-Profit Tezos Attack Matters for Proof-of-Stake The use of a payment channel on a blockchain thatbarely breaks $100 in average daily fees– compared to the hundreds of thousands of dollars processed by Bitcoin and Ethereum daily – seems questionable. Indeed, as CoinDeskreported, 76% of Tezos transactions can be tied back to network validation, called “Baking,” or a coin “faucet” that spouts free XTZ. Akinyele said Bolt Labs built zkChannels on Tezos over other candidates due to the blockchain’s malleable governance. Moreover, zkChannels is easier to implement on a more “pairing friendly” curve called BLS12-381 that Tezos is currently adding.Ethereum operates on another older elliptic curve modeland will not support BLS until a network overhaul called Eth 2.0 is completed. “We’re looking at the fact that Tezos is a new blockchain, but that has a lot of promise based on the building blocks it’s making available to developers,” Akinyele said. • Cryptography Startup Brings Private Payment Channels to Tezos Blockchain • Cryptography Startup Brings Private Payment Channels to Tezos Blockchain... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["HONG KONG, CHINA / ACCESSWIRE / August 12, 2020 /A blockchain-based project,DUCATOdubbed DeFi 2.0 is fine-tuning the narrative of the DeFi ecosystem with its innovative hybrid financial product that co, mbines the capabilities of a decentralized and centralized financial protocol to create deep liquidity, a user-centric platform and improves scalability in delivering a tailor-made financial lending product.\nThe cutting-edge innovation designed by DUCATO is coming at a time when DeFi is fast becoming a buzzword in and out of the cryptocurrency industry. With a booming industry sector comes a couple of challenges, DUCATO is assembling a suite of products that solves a wide range of challenges rocking the DeFi ecosystem.\nAt the time of writing, DeFi related activities were at a record high with over $4.43 billionlocked in the protocol, with MakerDAO sitting at a staggering 31% dominance. Interestingly, the top 5 DeFi platforms account for an astonishing 82% of the locked value while the majority of the protocol is caught in the web of low liquidity.\nFrom a broader overview, the protocol has suffered slow settlement time due to over-reliance on the Ethereum network. The Ether token accounts for over 98% of total assets locked in the protocol, which amount to a relatively slow transaction time and extreme fees whenever the Ethereum network suffers high congestion.\nDUCATO Hybrid Protocol Mitigates These Impending Challenges\nTheDUCATO innovative DeFi protocolwill be entirely decentralized with a pluggable centralized protocol that allows the platform to dip into the traditional market, thereby servicing the DeFi market with deep liquidity, consequently providing room for a wide range of assets to be used as collateral.\nAs a result, the hybrid protocol enables DUCATO to serve the ever-growing population in the traditional lending space, of which DeFi lending is only a minor fraction of the entire lending ecosystem. By letting borrowers use traditional assets like gold, real estate, and other hard assets as collateral, the protocol creates a robust playing ground for traditional lenders and borrowers to get involved in secured, decentralized lending space powered by blockchain technology.\nTo achieve this hybrid protocol, DUCATO is working with Delio, a global CeFi rental service provider that will provide the platform with liquidity and utilize DUCATO rental services, as an official family company.\nAll transactions on the protocol will be facilitated via a smart contract which will take place Onchain, allowing for a high level of transparency, ease of access, and a secured lending environment. This approach makes up for the drawback associated with CeFi services, which aren't entirely secured and transparent.\nDucato Protocol Token and Stable Coin KRWD Concept\nThe ecosystem is powered by two innovative tokens that serve distinct purposes: The Ducato's protocol token and stable coin KRWD that is pegged to the Korean Won.\nThe Ducato's protocol token is the transactional token on Ducato hybrid DeFi 2.0 protocol, it is primarily used for settlement of all fees incurred on the platform, and it is also the protocol's governance token. Token holders will have the right to participate in the decision-making process, voting, and proposition of changes to the platform.\nBy interacting with the platform, the protocol token provides cross-platforms support for existing DeFi and CeFi lending services globally.\nKRWD, on the other hand, is a digital collateral-backed stablecoin that jointly powers the Ducato ecosystem, all transactions related to repayment of debt will be completed using the digital collateral asset-backed native token.\nAnyone can leverage their asset as collateral and take up loans in KRWD. Whenever a debt is repaid, the associated KRWD is burnt to ensure that the number of KRWD generated in the collateralization process.\nKRWD is deployed on the Ethereum blockchain, and the value of 1 KRWD is pegged to 1 Korean Won (KRW). The stablecoin asset relieve the problems of price volatility associated with Bitcoin and other cryptocurrencies.\nMedia And Other Important Links\nWebsite:http://DUCATO.io/\nTelegram channel:https://t.me/DUCATO_Channel\nFacebook:https://www.facebook.com/DeFi.DUCATO/\nTwitter:https://twitter.com/DUCATO_DeFi\nLinkedIn:https://www.linkedin.com/company/DUCATO-defi/\nYouTube:https://www.youtube.com/channel/UCB1p7-VVW51vEm02gQbb9vA/\nCONTACT:Name: David LeeEmail:[email protected] : +82 10 3773 5468\nSOURCE:Ducato\nView source version on accesswire.com:https://www.accesswire.com/601401/DUCATO-A-DeFi-Protocol-With-A-Pluggable-Hybrid-CeFi-Network", "HONG KONG, CHINA / ACCESSWIRE / August 12, 2020 / A blockchain-based project, DUCATO dubbed DeFi 2.0 is fine-tuning the narrative of the DeFi ecosystem with its innovative hybrid financial product that co, mbines the capabilities of a decentralized and centralized financial protocol to create deep liquidity, a user-centric platform and improves scalability in delivering a tailor-made financial lending product. The cutting-edge innovation designed by DUCATO is coming at a time when DeFi is fast becoming a buzzword in and out of the cryptocurrency industry. With a booming industry sector comes a couple of challenges, DUCATO is assembling a suite of products that solves a wide range of challenges rocking the DeFi ecosystem. At the time of writing, DeFi related activities were at a record high with over $4.43 billion locked in the protocol , with MakerDAO sitting at a staggering 31% dominance. Interestingly, the top 5 DeFi platforms account for an astonishing 82% of the locked value while the majority of the protocol is caught in the web of low liquidity. From a broader overview, the protocol has suffered slow settlement time due to over-reliance on the Ethereum network. The Ether token accounts for over 98% of total assets locked in the protocol, which amount to a relatively slow transaction time and extreme fees whenever the Ethereum network suffers high congestion. DUCATO Hybrid Protocol Mitigates These Impending Challenges The DUCATO innovative DeFi protocol will be entirely decentralized with a pluggable centralized protocol that allows the platform to dip into the traditional market, thereby servicing the DeFi market with deep liquidity, consequently providing room for a wide range of assets to be used as collateral. As a result, the hybrid protocol enables DUCATO to serve the ever-growing population in the traditional lending space, of which DeFi lending is only a minor fraction of the entire lending ecosystem. By letting borrowers use traditional assets like gold, real estate, and other hard assets as collateral, the protocol creates a robust playing ground for traditional lenders and borrowers to get involved in secured, decentralized lending space powered by blockchain technology. Story continues To achieve this hybrid protocol, DUCATO is working with Delio, a global CeFi rental service provider that will provide the platform with liquidity and utilize DUCATO rental services, as an official family company. All transactions on the protocol will be facilitated via a smart contract which will take place Onchain, allowing for a high level of transparency, ease of access, and a secured lending environment. This approach makes up for the drawback associated with CeFi services, which aren't entirely secured and transparent. Ducato Protocol Token and Stable Coin KRWD Concept The ecosystem is powered by two innovative tokens that serve distinct purposes: The Ducato's protocol token and stable coin KRWD that is pegged to the Korean Won. The Ducato's protocol token is the transactional token on Ducato hybrid DeFi 2.0 protocol, it is primarily used for settlement of all fees incurred on the platform, and it is also the protocol's governance token. Token holders will have the right to participate in the decision-making process, voting, and proposition of changes to the platform. By interacting with the platform, the protocol token provides cross-platforms support for existing DeFi and CeFi lending services globally. KRWD, on the other hand, is a digital collateral-backed stablecoin that jointly powers the Ducato ecosystem, all transactions related to repayment of debt will be completed using the digital collateral asset-backed native token. Anyone can leverage their asset as collateral and take up loans in KRWD. Whenever a debt is repaid, the associated KRWD is burnt to ensure that the number of KRWD generated in the collateralization process. KRWD is deployed on the Ethereum blockchain, and the value of 1 KRWD is pegged to 1 Korean Won (KRW). The stablecoin asset relieve the problems of price volatility associated with Bitcoin and other cryptocurrencies. Media And Other Important Links Website: http://DUCATO.io/ Telegram channel: https://t.me/DUCATO_Channel Facebook: https://www.facebook.com/DeFi.DUCATO/ Twitter: https://twitter.com/DUCATO_DeFi LinkedIn: https://www.linkedin.com/company/DUCATO-defi/ YouTube: https://www.youtube.com/channel/UCB1p7-VVW51vEm02gQbb9vA/ CONTACT: Name: David Lee Email: [email protected] Phone : +82 10 3773 5468 SOURCE: Ducato View source version on accesswire.com: https://www.accesswire.com/601401/DUCATO-A-DeFi-Protocol-With-A-Pluggable-Hybrid-CeFi-Network", 'Palantir Technologies Inc is planning to pursue a direct listing of its stock in September, instead of taking the initial public offering route, Bloomberg reported Wednesday. What Happened The Peter Thiel-owned company will sell its investors’ shares on the first day of trading, instead of waiting for the lock-in period to expire, as is the norm with IPOs, according to Bloomberg. The software analysis company would not raise any capital in the direct listing. Palantir disclosed to the United States Securities and Exchange Commission in July that it had raised $550 million of its targeted $961 million capital. Sompo Holdings Inc (OTC: SMPNY ) and Fujitsu Ltd (OTC: **Last 60 Days of Bitcoin's Closing Prices:** [9386.79, 9450.70, 9538.02, 9480.25, 9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-13 **Financial & Commodity Data:** - Gold Closing Price: $1956.70 - Crude Oil Closing Price: $42.24 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $213,275,069,362 - Hash Rate: 123844534.076575 - Transaction Count: 325346.0 - Unique Addresses: 690043.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Twitter claims “ a coordinated social engineering attack ” caused one of the world’s largest social media platforms to melt down on Wednesday after prominent celebrity profiles were used to promote a large-scale bitcoin scam. A mass takeover of big-name celebrities including former Vice President Joe Biden, former U.S. President Barack Obama, Kanye West and Elon Musk saw their accounts compromised, starting at 19:00 UTC . Twitter said in a series of tweets that hackers targeted “some of” its employees who had access to internal tools, which they used “to take control of many highly visible (including verified) accounts and [t]weet on their behalf.” The social media platform is looking into what else was impacted, while restoring accounts to their users. Motherboard, VICE Magazine’s tech section, said it spoke to two sources who took over accounts, who claimed they paid a Twitter insider to manage the takeovers. Twitter being “highly centralized” led to the hack, said Ben Sigman, CTO at blockchain startup Make Sense Labs. Twitter employees have “godmode” access to create tweets from any user, Sigman claimed. It’s worth noting all addresses are Bech32 / Segwit addresses, which helps narrow down the wallet and service being used. See also: Chainalysis Says Bitcoin Scammed From Twitter Users Is ‘On the Move’ Related Stories Twitter Says ‘Coordinated Social Engineering’ Attack Caused Bitcoin Scam Twitter Says ‘Coordinated Social Engineering’ Attack Caused Bitcoin Scam Twitter Says ‘Coordinated Social Engineering’ Attack Caused Bitcoin Scam Twitter Says ‘Coordinated Social Engineering’ Attack Caused Bitcoin Scam... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['A Singapore cryptocurrency industry non-profit has released a code of practice for digital asset payment providers that was guided by the city-state’s central bank.\n• The Association of Cryptocurrency Enterprises and Start-ups Singapore (ACCESS), a group comprising over 400 crypto and blockchain-related businesses,announced the releaseThursday.\n• The Monetary Authority of Singapore “facilitated” the initiative, aimed at assisting regulatory compliance and enhance crypto industry conduct; the Association of Banks in Singapore (ABS) also helped with its development, ACCESS said.\n• The guidance is designed around the requirements of the country’s Payment Services Act, which was updated early in 2020 to require digital asset businesses operating in Singapore toregister for a license.\n• Specifically, it attempts to offer a standardized approach to combating money laundering and terrorism financing through know-your-customer (KYC) best practices.\n• ACCESS Chairman Anson Zeall said the guidance would point both global and local digital payment service providers “in the right direction” and facilitate successful applications for operating licenses under the act.\n• The code had been two years in development to ensure it’s “in line with both the interest of our members and that of regulators,” Zeall said ina tweeton Friday.\n• The code comes amid efforts to align with the Financial Action Task Force’s June 2019 guidance for globalsupervisory frameworksfor virtual asset service providers.\n• The code is expected to “evolve over time” collaboratively and will continue to be updated from “time to time” to ensure relevance, ACCESS said.\nSee also:Singapore Begins Crackdown on Unlicensed Bitcoin Sellers\n• Singapore’s Central Bank Backs New Code of Practice for Crypto Companies\n• Singapore’s Central Bank Backs New Code of Practice for Crypto Companies\n• Singapore’s Central Bank Backs New Code of Practice for Crypto Companies\n• Singapore’s Central Bank Backs New Code of Practice for Crypto Companies', 'A Singapore cryptocurrency industry non-profit has released a code of practice for digital asset payment providers that was guided by the city-state\x92s central bank. The Association of Cryptocurrency Enterprises and Start-ups Singapore (ACCESS), a group comprising over 400 crypto and blockchain-related businesses, announced the release Thursday. The Monetary Authority of Singapore \x93facilitated\x94 the initiative, aimed at assisting regulatory compliance and enhance crypto industry conduct; the Association of Banks in Singapore (ABS) also helped with its development, ACCESS said. The guidance is designed around the requirements of the country\x92s Payment Services Act, which was updated early in 2020 to require digital asset businesses operating in Singapore to register for a license . Specifically, it attempts to offer a standardized approach to combating money laundering and terrorism financing through know-your-customer (KYC) best practices. ACCESS Chairman Anson Zeall said the guidance would point both global and local digital payment service providers \x93in the right direction\x94 and facilitate successful applications for operating licenses under the act. The code had been two years in development to ensure it\x92s \x93in line with both the interest of our members and that of regulators,\x94 Zeall said in a tweet on Friday. The code comes amid efforts to align with the Financial Action Task Force\x92s June 2019 guidance for global supervisory frameworks for virtual asset service providers. The code is expected to \x93evolve over time\x94 collaboratively and will continue to be updated from \x93time to time\x94 to ensure relevance, ACCESS said. See also: Singapore Begins Crackdown on Unlicensed Bitcoin Sellers Related Stories Singapore\x92s Central Bank Backs New Code of Practice for Crypto Companies Singapore\x92s Central Bank Backs New Code of Practice for Crypto Companies Singapore\x92s Central Bank Backs New Code of Practice for Crypto Companies Singapore\x92s Central Bank Backs New Code of Practice for Crypto Companies', 'Upon Delivery and Full Installation, the Company’s Mining Operations Will Include 13,520 Next Generation Miners and Produce 1.55 Exahash (1,555 PH/s) Representing 1.2% of the Current Worldwide Bitcoin Hashrate\nLAS VEGAS, Aug. 14, 2020 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a Nasdaq-listed cryptocurrency mining company, today announced that it has entered into a Long Term Purchase Contract with Bitmain for the purchase of 10,500 next generation Antminer S-19 Pro ASIC Miners.\nMarathon’s Chief Executive Officer, Merrick Okamoto, stated, “The execution of this contract with Bitmain represents a milestone event for our company. This investment is expected to result in Marathon being one of, if not the largest, Bitcoin miner in North America.”\nOkamoto continued, “Today’s news comes on the heels of recent incremental business growth through the purchase of what now is expected to total 13,520 next generation miners generating 1.55 Exahash upon full installation. I would like to take this opportunity to thank Bitmain for working with us on this Long Term Purchase Contract, which locks in the purchase price, a substantial discount from the current retail price, and greatly reduces the risk of price increases to the Company and potential shortage of Miner availability in the future.”\n"We are pleased to have provided Marathon with Bitmain’s latest generation of Antminer S19 Pro mining hardware. Equipped with the most advanced chipset currently available, the high-performance and low power consumption of the miners will significantly improve operations of Marathon\'s mining business. This collaboration continues to strengthen our cooperation and will extend to future work together as Marathon expands its presence in the mining industry,” said Irene Gao, Antminer Sales Director of NCSA Region, Bitmain.\nAdditionally, 1,360 Miners were delivered to our Hosting Facility today, and the Company anticipates that all of these Miners will be deployed this weekend and added to our current 700 Miners presently in operation, bringing our currently installed Miners to 2,060 which will produce 184.6 PH/s. Bitmain will also deliver 500 previously purchased S-19 Pro Miners in September and 500 in November. After the installations this weekend go operational next week, the Company’s yields are expected to generate prospective positive net cash flow, based on the current price of Bitcoin and Hashrate difficulty.\nInvestor Notice\nInvesting in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described under "Risk Factors" in Item 1A of our most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2019. If any of these risks were to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our securities could decline, and you could lose part or all of your investment. The risks and uncertainties we describe are not the only ones facing us. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. See "Safe Harbor" below.\nForward-Looking Statements\nStatements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by the use of words such as “may,” “will,” “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Risk Factors” in the Company\'s Annual Reports on Form 10-K, as may be supplemented or amended by the Company\'s Quarterly Reports on Form 10-Q. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise.\nName: Jason AssadPhone: 678-570-6791Email:[email protected]', 'Upon Delivery and Full Installation, the Company’s Mining Operations Will Include 13,520 Next Generation Miners and Produce 1.55 Exahash (1,555 PH/s) Representing 1.2% of the Current Worldwide Bitcoin Hashrate LAS VEGAS, Aug. 14, 2020 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (NASDAQ: MARA ) ("Marathon" or "Company"), a Nasdaq-listed cryptocurrency mining company, today announced that it has entered into a Long Term Purchase Contract with Bitmain for the purchase of 10,500 next generation Antminer S-19 Pro ASIC Miners. Marathon’s Chief Executive Officer, Merrick Okamoto, stated, “The execution of this contract with Bitmain represents a milestone event for our company. This investment is expected to result in Marathon being one of, if not the largest, Bitcoin miner in North America.” Okamoto continued, “Today’s news comes on the heels of recent incremental business growth through the purchase of what now is expected to total 13,520 next generation miners generating 1.55 Exahash upon full installation. I would like to take this opportunity to thank Bitmain for working with us on this Long Term Purchase Contract, which locks in the **Last 60 Days of Bitcoin's Closing Prices:** [9450.70, 9538.02, 9480.25, 9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-14 **Financial & Commodity Data:** - Gold Closing Price: $1937.00 - Crude Oil Closing Price: $42.01 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $213,275,069,362 - Hash Rate: 140694130.549579 - Transaction Count: 365679.0 - Unique Addresses: 755913.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.78 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin, BTC to USD, rallied by 2.04% on Friday. Following a 0.05% gain on Thursday, Bitcoin ended the month up by 24.04% to $11,350.0. A bearish start to the day saw Bitcoin fall to an early morning intraday low $10,990 before making a move. Steering clear of the first major support level at $10,923.2, Bitcoin rose to a late afternoon intraday high $11,440.0. Bitcoin broke through the first major resistance level at $11,255.4 and the second major resistance level at $11,387.8. A late pullback saw Bitcoin fall back through the resistance levels before finding support. Bitcoin broke back through the first major resistance level to wrap up the day at $11,350 levels. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Binance Coin (+7.76%), Bitcoin Cash SV (+7.19%), and Ripple’s XRP (+6.22%) led the way. Bitcoin Cash ABC (+2.22%), Ethereum (+3.46%), Litecoin (+2.46%), and Monero’s XMR (+4.39%), also found strong support. EOS (+1.36%), Stellar’s Lumen (+0.73%), Tezos (+1.44%), and Tron’s TRX (+1.93%) trailed the front runners. Cardano’s ADA bucked the trend, however, falling by 1.17%. It was a bullish July for the crypto market. Cardano’s ADA surged by 67.38% to lead the majors. Bitcoin Cash SV (+46.21%), Ethereum (+53.82%), Litecoin (+41.45%), Ripple’s XRP (+48.21%), and Stellar’s Lumen (+45.72%) also found strong support. Binance Coin (+34.44%), Bitcoin Cash ABC (+34.87%), EOS (+30.56%), Monero’s XMR (33.17%), Tezos (+20.69%), and Tron’s TRX (+20.39%) trailed the front runners. In the current week, the crypto total market cap rose from a Monday low $285.49bn to a Monday high $335.81bn. At the time of writing, the total market cap stood at $326.94bn. Story continues Bitcoin’s dominance rose from a Monday low 62.44% to a Tuesday high 64.58% before easing back. At the time of writing, Bitcoin’s dominance stood at 63.53. This Morning At the time of writing, Bitcoin was down by 0.82% to $11,257.0. A mixed start to the day saw Bitcoin rise to an early morning high $11,398 before falling to a low $11,238.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. At the time of writing, Bitcoin Cash ABC (+0.14%), Cardano’s ADA (+0.21%), and Stellar’s Lumen (+0.69%) found early support. It was a bearish start for the rest of the majors, however. Ripple’s XRP was down by 1.44% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the $11,260 pivot to support a run at the first major resistance level at $11,530. Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $11,440. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,710. Failure to move through the $11,260 pivot level would bring the first major support level at $11,080 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$11,000 levels and the second major support level at $10,810. This article was originally posted on FX Empire More From FXEMPIRE: S&P 500 Weekly Price Forecast – Continue to Grind Through Earnings Season Gold Price Futures (GC) Technical Analysis – Protect the Downside, the Upside Will Take Care of Itself US Stock Market Overview – Stocks Close Higher to Close out the Month on an Up Note E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Major Support 25938, Resistance 26608 European Equities: A Week in Review – 01/08/20 European Equities: A Month in Review – July 2020... - Reddit Posts (Sample): [['u/Marcion_Sinope', 'Carefully consider the magic wand of the Fed before you sell on a spike', 21, '2020-08-14 02:53', 'https://www.reddit.com/r/Bitcoin/comments/i9c7e3/carefully_consider_the_magic_wand_of_the_fed/', "Let's say we get a spike, great.\n\nIn fact, let's say it jumps back to 20K, make it 30K. And you sell.\n\nLiterally the next day the Fed can DEVALUE the dollar by 50% with a mouse click. And I can assure you they will.\n\nThat 20K is now 10K and your bitcoin is GONE. Moreover, you're on the IRS hook for the profit taken before the devaluation. You're double screwed. My advice is ride out the coming spikes, devaluations and hyperinflation - don't get cute because you're not psychic and the Fed has their own agenda.\n\nBuena suerte.", 'https://www.reddit.com/r/Bitcoin/comments/i9c7e3/carefully_consider_the_magic_wand_of_the_fed/', 'i9c7e3', [['u/D00bage', 14, '2020-08-14 03:20', 'https://www.reddit.com/r/Bitcoin/comments/i9c7e3/carefully_consider_the_magic_wand_of_the_fed/g1e6ygp/', 'So hold and learn to spend Bitcoin instead of converting to fiat?', 'i9c7e3']]], ['u/stockeroo', 'Tesla and Bitcoin: The Most Viewed Assets in America', 23, '2020-08-14 04:23', 'https://www.reddit.com/r/investing/comments/i9dkr5/tesla_and_bitcoin_the_most_viewed_assets_in/', "According to TradingView: [https://www.tradingview.com/chart/TSLA/qSFwTCM7-Tesla-and-Bitcoin-The-Most-Viewed-Assets-in-America/](https://www.tradingview.com/chart/TSLA/qSFwTCM7-Tesla-and-Bitcoin-The-Most-Viewed-Assets-in-America/) \n\n​\n\n>[Tesla ](https://www.tradingview.com/symbols/NASDAQ-TSLA/)stock is the most viewed asset in America. Our data shows that throughout July, [Tesla ](https://www.tradingview.com/symbols/NASDAQ-TSLA/)was the most viewed stock in 31 states. [Bitcoin ](https://www.tradingview.com/symbols/BTCUSD/)was not far behind. Since the start of the year, Tesla’s stock has almost tripled in price. Meanwhile [Bitcoin ](https://www.tradingview.com/symbols/BTCUSD/)is up 60% year-to-date. \n \n> \n>Our findings also show the South East favors Forex and the West Coast states of California, Washington, and Oregon lean toward [Bitcoin ](https://www.tradingview.com/symbols/BTCUSD/). The west coast loves crypto the most. \n \n> \n>We also looked into the airline industry, arguably being hardest hit by Covid-19. Stocks in this sector, including [Boeing ](https://www.tradingview.com/symbols/NYSE-BA/)and American Airlines, saw favor among investors between March and June; [Boeing ](https://www.tradingview.com/symbols/NYSE-BA/)was the third most viewed stock and American Airlines the 10th. It's clear that the global pandemic brought increased [volatility](https://www.tradingview.com/ideas/volatility/) to the airlines sector and with that came additional interest from traders and investors. \n \n> \n>What was particularly interesting was the largest publicly traded company, [Apple ](https://www.tradingview.com/symbols/NASDAQ-AAPL/), failed to reach the topmost viewed stock in any one state. [Apple ](https://www.tradingview.com/symbols/NASDAQ-AAPL/)is nearing a $2 trillion market cap, it's up 53% year-to-date, and traders and investors still aren't paying that much attention. For now, the data clearly shows that [Tesla ](https://www.tradingview.com/symbols/NASDAQ-TSLA/)and [Bitcoin ](https://www.tradingview.com/symbols/BTCUSD/)are the two assets everyone is looking at most often. As the data changes, we'll update you the best we can in research reports like this.", 'https://www.reddit.com/r/investing/comments/i9dkr5/tesla_and_bitcoin_the_most_viewed_assets_in/', 'i9dkr5', [['u/atrueretard', 21, '2020-08-14 06:02', 'https://www.reddit.com/r/investing/comments/i9dkr5/tesla_and_bitcoin_the_most_viewed_assets_in/g1eobba/', 'haha Bitcoin number go up', 'i9dkr5'], ['u/alfapredator', 11, '2020-08-14 08:24', 'https://www.reddit.com/r/investing/comments/i9dkr5/tesla_and_bitcoin_the_most_viewed_assets_in/g1ezsmj/', 'haha elon musk big brain I buy his company', 'i9dkr5']]], ['u/Dorleans15', 'The biggest scam site I have run across in 25 years. Heritage Sports', 63, '2020-08-14 05:27', 'https://www.reddit.com/r/sportsbook/comments/i9eix3/the_biggest_scam_site_i_have_run_across_in_25/', 'The rollover on a bonus of $10 is a total of $550 (which is the deposit made of $100 + the bonus of $10 multiplied by 5 which is the rollover amount on our 10% bonus) for the rollover completion we take into account the smallest amount between your risk and win amount every time you place a wager\xa0(please note that only sports betting counts for rollover casino action does not).\xa0\xa0\n\nAfter reviewing your account we see that you have never gone down to zero balance between your deposits, this actually means that the rollover on each of your deposits is still active, if you had lost the deposit completely the rollover is reset, but in this case it does not apply, Having said that according to our records you have completed a total of $304.82 in rollover since your first deposit on 7/17/2020, the total amount of rollover on your account,\xa0which is coming from your 3 deposits with bonuses and the cash boost we provided for the return of major sports is $1855, which means that at the moment you have $1550.18 left to complete in rollover for your account.\xa0\n\nTHE ABOVE IS FROM AN EMAIL. I JOINED WHAT I THOUGHT WAS A REDUCED JUICE CASH-BACK SITE WITH NO ROLLOVER. THEY ADD A $10 BONUS, UNLESS YOU UNCHECK A BOX ON THE MAIN SITE, NOT THE MOBILE SITE. NOTE THAT DEPOSITS ALLOW CASINO AND SPORTS BOOK, BUT IN THE FINE PRINT, CASINO DOES NOT COUNT TOWARDS ROLLOVER. AT INTERTOPS, 2 SEPARATE ACCOUNTS ARE REQUIRED, AT BOVADA ACTION COUNTS IN A WEIGHTED WAY, DEFINED IN THE BONUS, NOT FINE PRINT. My deposits were roughly $100 each time (bitcoin deposits make it hard to be exact). So 3 deposits with $30 required $1855 in betting, a 60x rollover.\n\nAVOID THIS SITE, NOTE FURTHER THAT UNLIKE BOVADA, ONE CAN NOT FORFEIT THE BONUS WHEN YOU ARE AT SAY $.14, or $.97 too small for a bet. So rollover keeps adding up, despite losing your stake.\n\nI am a big boy and expect to lose, but never even having the slightest chance at making a Withdrawal is too much. You all know the big names, stray at your own detriment. I welcome feedback from anyone who has either positive or negative feedback.\n\nDorleans15', 'https://www.reddit.com/r/sportsbook/comments/i9eix3/the_biggest_scam_site_i_have_run_across_in_25/', 'i9eix3', [['u/LandingRecords', 62, '2020-08-14 05:48', 'https://www.reddit.com/r/sportsbook/comments/i9eix3/the_biggest_scam_site_i_have_run_across_in_25/g1emwpx/', 'I’d stay clear from bonuses, rollover is a trap. I would just cut my losses and join a new sports book.', 'i9eix3'], ['u/clo3o5', 19, '2020-08-14 06:19', 'https://www.reddit.com/r/sportsbook/comments/i9eix3/the_biggest_scam_site_i_have_run_across_in_25/g1epw4g/', 'I learned this the first time I ever deposited. I never use bonuses anymore', 'i9eix3'], ['u/thesalamandirk', 10, '2020-08-14 06:25', 'https://www.reddit.com/r/sportsbook/comments/i9eix3/the_biggest_scam_site_i_have_run_across_in_25/g1eqepq/', 'Bonuses are a scam in the US and with offshore bookies\n\nNot an issue with Aussie and UK books', 'i9eix3'], ['u/wabatt', 12, '2020-08-14 07:18', 'https://www.reddit.com/r/sportsbook/comments/i9eix3/the_biggest_scam_site_i_have_run_across_in_25/g1euv65/', "First off the roll over is on the deposit size, not the bonus money. So $300 x 5 = 1,500 not $30.\n\nIf you are being prevented from withdrawing it's likely because they credited your account the bonus money. You can probably email them and have them cancel the bonus funds/remove them from your account so that you can withdrawal.", 'i9eix3'], ['u/Bruffy92', 23, '2020-08-14 08:42', 'https://www.reddit.com/r/sportsbook/comments/i9eix3/the_biggest_scam_site_i_have_run_across_in_25/g1f113j/', "Heritage pays every time. Like clockwork.. and its fast. In terms of liquidity and turnaround time, I've seen no offshore book match them.\n\nThat said, customer service is trash (no suprise) and they will try to fuck over anyone and everyone. Limit collars, changing of rules and promotions, player programs.. I get sick of it. But the most important thing to me is confidence in timely payouts, which Heritage has a flawless record of...in my experience. Of maybe 75-100 btc payouts, I cannot recall an occasion where the btc was not in my wallet within max 24-36 hours of withdrawal request. I've used pretty much all of the major offshore books minus bookmaker. Can't speak on them but I hear good things, generally. \n\nNEVER EVER EVER take a bonus. #1 rule I have learned. When I sign up for books, I go out of my way to ensure I am not receiving any incentive. Always read the fine print and TOS.", 'i9eix3'], ['u/carminef23', 11, '2020-08-14 14:13', 'https://www.reddit.com/r/sportsbook/comments/i9eix3/the_biggest_scam_site_i_have_run_across_in_25/g1fmpo8/', "not remotely true you have no clue what you're talking about", 'i9eix3']]], ['u/fillet_b', '1 mBTC (milli Bitcoin/0.001 BTC) is worth $11.73', 22, '2020-08-14 05:53', 'https://www.reddit.com/r/Bitcoin/comments/i9ewxt/1_mbtc_milli_bitcoin0001_btc_is_worth_1173/', 'Friendly reminder before it goes parabolic to $1000', 'https://www.reddit.com/r/Bitcoin/comments/i9ewxt/1_mbtc_milli_bitcoin0001_btc_is_worth_1173/', 'i9ewxt', [['u/cointastical', 17, '2020-08-14 06:40', 'https://www.reddit.com/r/Bitcoin/comments/i9ewxt/1_mbtc_milli_bitcoin0001_btc_is_worth_1173/g1ernv0/', 'Use sats, not mBTC.\n\n- https://USDSat.com\n- https://twitter.com/sats_per_dollar/media', 'i9ewxt']]], ['u/AutoModerator', '[Daily Discussion] Friday, August 14, 2020', 38, '2020-08-14 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/i9f33q/daily_discussion_friday_august_14_2020/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, slipped by 0.19% on Friday. Following a 1.98% gain on Thursday, Bitcoin ended the day at $11,775.5.\nIt was a mixed start to the day. Bitcoin rose to an early morning high $11,848.5 before hitting reverse.\nFalling short of the first major resistance level at $11,981, Bitcoin slid to an early afternoon intraday low $11,656.0.\nSteering clear of the first major support level at $11,445 struck a late afternoon intraday high $11,863.5.\nContinuing to fall short of the first major resistance level at $11,981, Bitcoin slipped back to sub-$11,800 levels and into the red.\nThe near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day for the majors on Friday.\nBitcoin Cash ABC (-0.70%), Bitcoin Cash SV (-1.06%), Cardano’s ADA (-0.75%), Litecoin (-0.65%), Monero’s XMR (-0.83%), and Tezos (-0.61%) joined Bitcoin in the red.\nIt was a bullish day for the rest of the majors, however.\nTron’s TRX and Binance Coin led the way, with gains of 10.89% and 6.10% respectively.\nEOS (+4.01%), Ethereum (+3.25%), Ripple’s XRP (+1.83%), and Stellar’s Lumen (+3.65%) also found support.\nIn the current week, the crypto total market cap fell to a Tuesday low $328.26bn before rising to a Saturday morning high $365.56bn. At the time of writing, the total market cap stood at $361.09bn.\nBitcoin’s dominance rose to a Monday high 62.63% before sliding to a Friday low 60.17%. At the time of writing, Bitcoin’s dominance stood at 60.82%.\nAt the time of writing, Bitcoin was up by 1.12% to $11,907.5. A bullish start to the day saw Bitcoin rise from an early morning low $11,775.5 to a high $11,991.5.\nBitcoin broke through the first major resistance level at $11,874.0 and the second major resistance level at $11,972.5.\nElsewhere, it was a mixed start to the day.\nMonero’s XMR (-0.02%), Tezos (-1.93%), and Tron’s TRX (-2.03%) saw red early on.\nIt was a bullish start for the rest of the majors.\nAt the time of writing, EOS was up by 2.99% to lead the way.\nBitcoin would need to avoid a fall through the first major resistance level at $11,874 to support a move back through the second major resistance level at $11,972.5.\nSupport from the broader market would be needed, however, for Bitcoin to break out from the morning high $11,991.5, however.\nBarring an extended crypto rally, the second major resistance level and resistance at $12,000 should cap any upside.\nIn the event of a crypto breakout, Bitcoin could eye the third major resistance level at $12,180 before any pullback.\nFailure to avoid a fall through the first major resistance level would bring the sub-$11,800 levels into play.\nBarring another extended crypto sell-off, however, Bitcoin should avoid the pivot level at $11,765 and the major support levels. The first major support level sits at $11,667.\nThisarticlewas originally posted on FX Empire\n• Crude Oil Weekly Price Forecast – Crude Oil Markets Continue to Kill Time\n• US Stock Market Overview – Stocks Close Mixed, Retail Sales Disappoint\n• EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – August 15th, 2020\n• Crude Oil Price Forecast – Crude Oil Markets Do Very Little on Friday\n• USD/CAD Daily Forecast – Weaker Oil Puts Pressure On The Canadian Dollar\n• Gold Weekly Price Forecast – Gold Markets Pullback After Parabolic Move', 'Bitcoin, BTC to USD, slipped by 0.19% on Friday. Following a 1.98% gain on Thursday, Bitcoin ended the day at $11,775.5. It was a mixed start to the day. Bitcoin rose to an early morning high $11,848.5 before hitting reverse. Falling short of the first major resistance level at $11,981, Bitcoin slid to an early afternoon intraday low $11,656.0. Steering clear of the first major support level at $11,445 struck a late afternoon intraday high $11,863.5. Continuing to fall short of the first major resistance level at $11,981, Bitcoin slipped back to sub-$11,800 levels and into the red. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Friday. Bitcoin Cash ABC (-0.70%), Bitcoin Cash SV (-1.06%), Cardano’s ADA (-0.75%), Litecoin (-0.65%), Monero’s XMR (-0.83%), and Tezos (-0.61%) joined Bitcoin in the red. It was a bullish day for the rest of the majors, however. Tron’s TRX and Binance Coin led the way, with gains of 10.89% and 6.10% respectively. EOS (+4.01%), Ethereum (+3.25%), Ripple’s XRP (+1.83%), and Stellar’s Lumen (+3.65%) also found support. In the current week, the crypto total market cap fell to a Tuesday low $328.26bn before rising to a Saturday morning high $365.56bn. At the time of writing, the total market cap stood at $361.09bn. Bitcoin’s dominance rose to a Monday high 62.63% before sliding to a Friday low 60.17%. At the time of writing, Bitcoin’s dominance stood at 60.82%. This Morning At the time of writing, Bitcoin was up by 1.12% to $11,907.5. A bullish start to the day saw Bitcoin rise from an early morning low $11,775.5 to a high $11,991.5. Bitcoin broke through the first major resistance level at $11,874.0 and the second major resistance level at $11,972.5. Story continues Elsewhere, it was a mixed start to the day. Monero’s XMR (-0.02%), Tezos (-1.93%), and Tron’s TRX (-2.03%) saw red early on. It was a bullish start for the rest of the majors. At the time of writing, EOS was up by 2.99% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the first major resistance level at $11,874 to support a move back through the second major resistance level at $11,972.5. Support from the broader market would be needed, however, for Bitcoin to break out from the morning high $11,991.5, however. Barring an extended crypto rally, the second major resistance level and resistance at $12,000 should cap any upside. In the event of a crypto breakout, Bitcoin could eye the third major resistance level at $12,180 before any pullback. Failure to avoid a fall through the first major resistance level would bring the sub-$11,800 levels into play. Barring another extended crypto sell-off, however, Bitcoin should avoid the pivot level at $11,765 and the major support levels. The first major support level sits at $11,667. This article was originally posted on FX Empire More From FXEMPIRE: Crude Oil Weekly Price Forecast – Crude Oil Markets Continue to Kill Time US Stock Market Overview – Stocks Close Mixed, Retail Sales Disappoint EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – August 15th, 2020 Crude Oil Price Forecast – Crude Oil Markets Do Very Little on Friday USD/CAD Daily Forecast – Weaker Oil Puts Pressure On The Canadian Dollar Gold Weekly Price Forecast – Gold Markets Pullback After Parabolic Move', '(Bloomberg Opinion) -- As the pandemic trashes the world economy, one business is booming. The number of ransomware attacks, where hackers encrypt a user’s data files and then demand payment to restore access, climbed by 20% in the first half of the year to reach 121.4 million assaults, according to data security firm SonicWall. Many of the victims chose to pay up. In June, the University of California said it paid $1.14 million to extortionists who’d besieged servers at its medical school. CWT, a travel-management company, handed over $4.5 million worth of Bitcoin last month to resolve a hack, Reuters reported. Garmin Ltd., which sells portable devices linked to global positioning systems, suffered outages in the final week of July it said were due to a cyber attack. While the company hasn’t commented on how it solved the interruptions, various media reports put the ransom demand at $10 million. In the past four years, Kivu Consulting has been involved in more than 700 ransomware incidents. Last year, the cyber security firm was the agent for 143 payments worth more than $17 million. So what should you do when the email arrives saying you’ve been hacked, your data has been compromised and if you don’t pay a ransom, your servers will remain frozen? I caught up with Winston Krone, Kivu’s global managing director, to find out. The following is a lightly edited transcript of our telephone conversation this week. MARK GILBERT: The number of ransomware attacks has climbed substantially this year. Is lockdown having an impact? WINSTON KRONE: We’re in the middle of a huge wave of attacks right now. Companies are coming back to work, employees are bringing infected computers back into the organization. Attackers have waited. The value of a ransomware attack is much bigger now that companies have gotten through the worst part of Covid and have the money to pay. It’s all about business interruption, that’s why people pay a ransom. If the company’s not working, if it’s hobbling along, a ransomware attack is not going to have the impact it would if the company was going full blast. We had attacks a couple of months ago where the victim of the attacks said, “We’re not sure we’re gonna be in business, we’re not paying a ransom because we’re not sure we’re gonna make payroll next month.” Story continues MG: Given that companies are reluctant to admit to being hacked or paying ransom, how big is the iceberg that we only see the tip of? WK: I would suspect the ratio is about 10/1, based on our metrics in the past four years where we know the number of ransomware attacks we were involved in that went public. There are very few unreported cases for publicly traded companies these days. Four years ago there was a huge embarrassment factor, now there’s no incentive to keep it secret. If anything, there’s quite a bit of sympathy for public companies that are hit with ransomware attacks. Of course, it’s different for private c **Last 60 Days of Bitcoin's Closing Prices:** [9538.02, 9480.25, 9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-15 **Financial & Commodity Data:** - Gold Closing Price: $1937.00 - Crude Oil Closing Price: $42.01 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $219,467,488,600 - Hash Rate: 131426852.489427 - Transaction Count: 313760.0 - Unique Addresses: 664922.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The dollar initially moved lower after yesterday’s Fed decision and press conference but has since recovered some of its losses. Despite the dollar strength seen in early day trading today,GBP/USDcontinues to show strength. Fed Chair Powell was not as optimistic as the recent movements in the dollar and equity markets suggest. He pointed out that recent data might be signaling that the economic recovery is stalling and reiterated that policymakers and the governments need to continue providing support to the economy. Powell emphasized containing the virus is crucial for the economy to recovery but acknowledged the sharp earlier rebound in the labor markets. The dollar is down about 4% in July thus far on a trade-weighted basis as investors have shown a strong appetite for risk. Meanwhile, gold prices are up around 10% this month on the expectation that interest rates will remain low for some time. The US will release GDP figures later today which is expected to show a nearly 35% contraction in growth during the first quarter. The data is likely to cause a volatile reaction in the markets, especially if the figure deviates from analyst expectations. The UK announced an increase to the quarantine period for citizens showing signs of having contracted the Coronavirus. The self-isolation period has been increased from 7 to 10 days as new evidence shows that the risk of infecting others 7-9 days after being infected is higher than previously determined. While the dollar is bouncing broadly against most of its counterparts, Sterling is the only currency to hold near recent highs versus the greenback. With the 1.3000 handle in play, the pair could pull back from current levels if the dollar is able to extend on its recovery. Near-term support for the pair is seen at 1.2959 and considering the recent upward momentum, buyers are likely to defend this level. It may take some form of a catalyst for a change in trend, and so far, yesterday’s Fed meeting has not had a big impact on the exchange rate. A potential medium-term target forGBP/USDis seen at 1.3200 as the level held the pair lower on several attempts early in the year. • GBP/USD is outperforming its major counterparts and is the only currency that hasn’t declined against the greenback in early trading on Thursday. • GDP figures from the US will be released later today. A volatile reaction in the markets appears likely. For a look at all of today’s economic events, check out oureconomic calendar. Thisarticlewas originally posted on FX Empire • Natural Gas Price Forecast – Natural Gas Markets Gap Higher • The Key USDX Sign for PMs • U.S. Stocks Set To Open Lower As Continuing Jobless Claims Jump To 17 Million • Bitcoin’s Bulls Lost Control of the Price Action • GBP/USD Price Forecast – British Pound Continues to Flex Muscles • GBP/JPY Price Forecast – British Pound Continues to Grind Higher... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 0.70% on Saturday. Reversing a 0.19% loss from Friday, Bitcoin ended the day at $11,858.5. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,991.5 before hitting reverse. The early rally saw Bitcoin break through the first major resistance level at $11,874 and the second major resistance level at $11,972.5. A pullback through the morning saw Bitcoin slide to a mid-day intraday low $11,689.5. Steering clear of the first major support level at $11,667, Bitcoin revisited $11,980 levels before easing back. Bitcoin broke back through the first and second major resistance levels before wrapping up the day at sub-$11,900 levels. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Saturday. EOS rallied by 14% to lead the way, with Bitcoin Cash SV (+4.82%) and Litecoin (+5.38%) seeing solid gains. Bitcoin Cash ABC (+1.60%), Stellar’s Lumen (+2.02%), and Tron’s TRX (+2.1%) also joined Bitcoin in the green. Binance Coin (-0.13%), Cardano’s ADA (-0.01%), Ethereum (-1.43%), Monero’s XMR (-1.92%), Ripple’s XRP (-0.55%), and Tezos (-1.16%) saw red on the day, however. In the current week, the crypto total market cap fell to a Tuesday low $328.26bn before rising to a Saturday high $368.44bn. At the time of writing, the total market cap stood at $361.29bn. Bitcoin’s dominance rose to a Monday high 62.63% before sliding to a Saturday low 60.06%. At the time of writing, Bitcoin’s dominance stood at 60.58%. This Morning At the time of writing, Bitcoin was down by 0.21% to $11,833.5. A mixed start to the day saw Bitcoin rose to an early high $11,872.5 before falling to a low $11,829.5. Bitcoin left the major support and resistance levels untested early on. Story continues Elsewhere, it was a mixed start to the day. Monero’s XMR and Tezos bucked the trend with gains of 0.10% and 0.89% respectively. It was a bearish start for the rest of the majors, however. At the time of writing, Stellar’s Lumen was down by 1.17% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move back through the pivot level at $11,847 to support a run at the first major resistance level at $12,003.5. Support from the broader market would be needed, however, for Bitcoin to break out from the Saturday’s high $11,991.5. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $12,149 before any pullback. Failure to move back through the $11,847 pivot level would bring the first major support level at $11,702 into play. Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,600 support levels. The second major support level sits at $11,545. This article was originally posted on FX Empire More From FXEMPIRE: European Equities: A Week in Review – 15/08/20 S&P 500 Weekly Price Forecast – S&P 500 Likely to Break Out Silver Weekly Price Forecast – Silver Markets Show Huge Candle for the Week The Crypto Daily – Movers and Shakers – August 16th, 2020 Chip-Maker Gains Boost Japan’s Nikkei; Chinese Investors Worried About Valuation, Tighter Monetary Policy Jump in US Yields Boosts Dollar/Yen; RBA Calls for Fiscal Stimulus; RBNZ Boosts QE', 'Bitcoin, BTC to USD, rose by 0.70% on Saturday. Reversing a 0.19% loss from Friday, Bitcoin ended the day at $11,858.5. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,991.5 before hitting reverse. The early rally saw Bitcoin break through the first major resistance level at $11,874 and the second major resistance level at $11,972.5. A pullback through the morning saw Bitcoin slide to a mid-day intraday low $11,689.5. Steering clear of the first major support level at $11,667, Bitcoin revisited $11,980 levels before easing back. Bitcoin broke back through the first and second major resistance levels before wrapping up the day at sub-$11,900 levels. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Saturday. EOS rallied by 14% to lead the way, with Bitcoin Cash SV (+4.82%) and Litecoin (+5.38%) seeing solid gains. Bitcoin Cash ABC (+1.60%), Stellar’s Lumen (+2.02%), and Tron’s TRX (+2.1%) also joined Bitcoin in the green. Binance Coin (-0.13%), Cardano’s ADA (-0.01%), Ethereum (-1.43%), Monero’s XMR (-1.92%), Ripple’s XRP (-0.55%), and Tezos (-1.16%) saw red on the day, however. In the current week, the crypto total market cap fell to a Tuesday low $328.26bn before rising to a Saturday high $368.44bn. At the time of writing, the total market cap stood at $361.29bn. Bitcoin’s dominance rose to a Monday high 62.63% before sliding to a Saturday low 60.06%. At the time of writing, Bitcoin’s dominance stood at 60.58%. This Morning At the time of writing, Bitcoin was down by 0.21% to $11,833.5. A mixed start to the day saw Bitcoin rose to an early high $11,872.5 before falling to a low $11,829.5. Bitcoin left the major support and resistance levels untested early on. Story continues Elsewhere, it was a mixed start to the day. Monero’s XMR and Tezos bucked the trend with gains of 0.10% and 0.89% respectively. It was a bearish start for the rest of the majors, however. At the time of writing, Stellar’s Lumen was down by 1.17% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move back through the pivot level at $11,847 to support a run at the first major resistance level at $12,003.5. Support from the broader market would be needed, however, for Bitcoin to break out from the Saturday’s high $11,991.5. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $12,149 before any pullback. Failure to move back through the $11,847 pivot level would bring the first major support level at $11,702 into play. Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,600 support levels. The second major support level sits at $11,545. This article was originally posted on FX Empire More From FXEMPIRE: European Equities: A Week in Review – 15/08/20 S&P 500 Weekly Price Forecast – S&P 500 Likely to Break Out Silver Weekly Price Forecast – Silver Markets Show Huge Candle for the Week The Crypto Daily – Movers and Shakers – August 16th, 2020 Chip-Maker Gains Boost Japan’s Nikkei; Chinese Investors Worried About Valuation, Tighter Monetary Policy Jump in US Yields Boosts Dollar/Yen; RBA Calls for Fiscal Stimulus; RBNZ Boosts QE', 'After a Winklevoss encounter highlights Elon Musk’s space mining dreams, maybe we should remind ourselves of the right-here-at-home benefits bitcoin brings.\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\nThis episode is sponsored byCrypto.com,BitstampandNexo.io.\nRelated:What’s Actually Happening With Inflation Right Now\nEarlier this week, the Winklevoss brothers introduced Barstool Sports founder Dave Portnoy tobitcoin.\nSee also:Preston Pysh on Why We’ve Entered a Fundamentally New Era of Bitcoin Accumulation\nOne of the notable parts of the recap video was a discussion of how Elon Musk was set to destroy the value of gold on Earth by mining gold from asteroids.\nWhile much meme fun was had, on this week’s Long Reads Sunday NLW has chosen a selection that looks at how fiat beat out gold and how gold beat out silver to provide some – ahem – more immediately relevant lessons on how to explain the benefits of bitcoin.\nRelated:Bitcoin Surges Past $12,000 to New 2020 High\nRead:Projection and ThrownessPart III — Bitcoin’s 10x Advantage Over Gold Might Not Lie Where You ThinkBy David Lawant\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\n• Is Asteroid Mining Really Our Best Argument for Bitcoin Over Gold?\n• Is Asteroid Mining Really Our Best Argument for Bitcoin Over Gold?', 'After a Winklevoss encounter highlights Elon Musk’s space mining dreams, maybe we should remind ourselves of the right-here-at-home benefits bitcoin brings.\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\nThis episode is sponsored byCrypto.com,BitstampandNexo.io.\nRelated:What’s Actually Happening With Inflation Right Now\nEarlier this week, the Winklevoss brothers introduced Barstool Sports founder Dave Portnoy tobitcoin.\nSee also:Preston Pysh on Why We’ve Entered a Fundamentally New Era of Bitcoin Accumulation\nOne of the notable parts of the recap video was a discussion of how Elon Musk was set to destroy the value of gold on Earth by mining gold from asteroids.\nWhile much meme fun was had, on this week’s Long Reads Sunday NLW has chosen a selection that looks at how fiat beat out gold and how gold beat out silver to provide some – ahem – more immediately relevant lessons on how to explain the benefits of bitcoin.\nRelated:Bitcoin Surges Past $12,000 to New 2020 High\nRead:Projection and ThrownessPart III — Bitcoin’s 10x Advantage Over Gold Might Not Lie Where You ThinkBy David Lawant\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe **Last 60 Days of Bitcoin's Closing Prices:** [9480.25, 9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-16 **Financial & Commodity Data:** - Gold Closing Price: $1937.00 - Crude Oil Closing Price: $42.01 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $219,467,488,600 - Hash Rate: 128056933.194826 - Transaction Count: 285069.0 - Unique Addresses: 571198.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.82 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: More than 75 companies in the blockchain and cryptocurrency industry collected at least $30 million in payroll loans from the U.S. government. The U.S. Small Business Administration (SBA)published details of its Paycheck Protection Program(PPP) on Monday, revealing a who’s who of major and minor firms in the industry. Loan recipients included Zcash developer Electric Coin Company, Ethereum venture studio ConsenSys and Rainberry Inc., the U.S. entity acquired by Justin Sun’s Tron Foundation at the time of its BitTorrent acquisition in2018. Related:Irish Charity Receives $1.1M Grant to Build Blockchain Platform for Aid Distribution Crypto venture firms were also represented on the list, includingPolychain Capitaland Unchained Capital. The PPP was created by the Trump administration during the COVID-19 outbreak to help businesses pay their employees during the ongoing economic crisis. The effort was meant to stem layoffs, thoughsome 44 million Americanshave filed for unemployment benefits since March. The loans to blockchain startups are likely to be controversial among cryptocurrency users given the industry’s roots in the liberterian-leaning cypherpunk movement, which distrusted governments and banks. (Satoshi Nakamoto famously embedded a headline about bank bailouts into Bitcoin’s genesis block.) However, not taking an available subsidy arguably might have put any one company at a disadvantage to competitors that did, regardless of what the recipient believes about the policy’s merits, as one industry insider pointed out. It may have even been a point of strategy. “Every fund has been telling their startups to [apply],” one Silicon Valley investor told CoinDesk in April. Related:Cardano Developer IOHK Launches $20M Fund for Ecosystem Startups The SBA published data on more than 660,000 recipients from a variety of sectors. Each entry included a range of how much money was received (specific amounts were not published) and the bank that issued each loan. Loan recipients from the blockchain industry include: • ConsenSysreceived between $5 million and $10 million in April from Signature Bank. • Cybersecurity and blockchain solution firmKryptoBlocksmay have received anywhere from $1 million and $5 million in May and June. (Note: KryptoBlocks appeared on the list twice: once for a loan between $1 million and $2 million, spelled “KRYPTOBLOKCS” and once for a loan between $2 million and $5 million.) • Crypto exchangeBittrexreceived between $1 million and $2 million in May from Celtic Bank Corporation. • Compliance firmCipherTracereceived between $350,000 and $1 million from First Republic Bank in April. • Cardano makerIOHK USA LLCreceived between $350,000 and $1 million from Bank of America in May. • Rainberry Inc., formerly known asBitTorrent Inc.prior to its acquisition byTron, received between $2 million and $5 million from Bank of the West in April. • Polychain Capitalreceived between $350,000 and $1 million from Signature Bank in April. • Electric Coin Companyreceived between $350,000 and $1 million from Newtek Small Business Finance in April. • Crypto portfolio organizerBlockfolioreceived between $350,000 and $1 million from Wells Fargo Bank in April. • Security token issuance consultantTokenSoftreceived between $350,000 and $1 million from Cross River Bank in April. • Amalgamated Token Services, Inc.received between $350,000 and $1 million from Silicon Valley Bank in April. • Crypto tax adviserToken Tax LLCreceived between $150,000 and $350,000 from JPMorgan Chase Bank in May. • Crypto Blockchain Plugreceived between $150,000 and $350,000 from Umpqua Bank in May. • Crypto Kids Campreceived between $150,000 and $350,000 from MBE Capital Partners in June. • Wallet makerMyCryptoreceived between $150,000 and $350,000 from JPMorgan Chase Bank in May. • Wallet makerMyEtherWalletreceived between $150,000 and $350,000 from Customers Bank in June. • MobileCoinreceived between $350,000 and $1 million from Blue Ridge Bank in April. • AccessCoinreceived between $150,000 and $350,000 from FieldPoint Private Bank & Trust in April. • CoinAlphareceived between $150,000 and $350,000 from Radius Bank in April. • Athena Bitcoinreceived between $150,000 and $350,000 from Citizens National Bank of Greater St. Louis in April. • CoinZoomreceived $150,000 and $350,000 from Zions Bank in April. • CoinMereceived between $350,000 and $1 million from First Financial Northwest Bank in April. • Digital Assets Datareceived between $350,000 and $1 million from Silicon Valley Bank in April. • BTCMinerreceived between $150,000 and $350,000 from Northeast Bank in June. • Chainscalereceived between $350,000 and $1 million from Bank of America in May. • FogChainreceived between $150,000 and $350,000 from City National Bank in April. • Quarkchainreceived between $150,000 and $350,000 from Fremont Bank in April. • SkuChainreceived between $150,000 and $350,000 from Cross River Bank in May. • SALT Blockchainreceived between $1 million and $2 million from Alpine Bank in April. • ChainWorksreceived between $150,000 and $350,000 from Fifth Third Bank in April. • Everchainreceived between $350,000 and $1 million from Bank of America in May. • Chain.ioreceived between $150,000 and $350,000 from Tioga-Franklin Savings Bank in April. • ShipChainreceived between $150,000 and $350,000 from Celtic Bank Corporation in May. • OmniChain Solutionsreceived between $150,000 and $350,000 from First United Bank and Trust Company • Unchained Capitalreceived between $150,000 and $350,000 from Burling Bank in April. • Truffle Blockchain Groupreceived between $350,000 and $1 million from JPMorgan Chase Bank in April. • Voyager Digital Holdingsreceived between $350,000 and $2 million from Signature Bank and BNB Bank in April. • Bitnomialreceived between $150,000 and $350,000 from BMO Harris Bank in April. • Permission.ioreceived between $350,000 and $1 million from Zions Bank in May. • Factom(which is nowbankrupt) received between $150,000 and $350,000 from Silicon Valley Bank in April. • Tax services firmLukkareceived between $1 million and $2 million from Dime Community Bank in April. • Decentralized ID firmCivic Technologiesreceived between $350,000 and $1 million from First Republic Bank in April. • Crypto exchangeShapeShiftreceived between $1 and $2 million from Signature Bank in April. • Red Leaf Chicago, aDigitalMintcrypto ATM provider, received between $150,000 and $350,000 from Surety Bank in April. • Clark, Sharp and Reynolds, the company behind theCoinsourcebitcoin ATM machines, received between $350,000 and $1 million from Titan Bank in April. • Crypto exchangebitFlyer USA, the U.S. affiliate of the Japan-basedbitFlyer, received between $150,000 and $350,000 from Signature Bank in April. • Ledger Holdings, the legal entity behind crypto derivatives providerLedgerX, received between $150,000 and $350,000 from Signature Bank in April. • All In Bits Inc., the entity behind Cosmos contributorTendermint, received between $350,000 and $1 million from Wells Fargo Bank in May. • Nebulous, which builds software and hardware for the Sia Network, received between $150,000 and $350,000 from Needham Bank in April. • Plutus Financial, which conducts business asAbra, received between $350,000 and $1 million from Pacific Western Bank in April. • Circle Internet Financial, better known asCircle, one of the companies behind the USDC stablecoin, received between $1 million and $2 million from Silicon Valley Bank in April. • Tech firmTrail of Bitsreceived between $1 million and $2 million from Signature Bank in April. • TheSovrin Foundationreceived between $350,000 and $1 million from Synovus Bank in April. • TheAlgorand Foundation Singapore(with a listed address in New York) received between $150,000 and $350,000 from Silicon Valley Bank in April. • Crypto settlement platformSeed CX(which recently axed its exchange) received between $350,000 and $1 million from BMO Harris Bank in April. • Moon Inc., the entity behind theLibertyXcrypto ATMs, received between $150,000 and $350,000 from Solera National Bank in April. • Storj Labsreceived between $350,000 and $1 million from Bank of America in May. • Radar Relayreceived between $350,000 and $1 million from Community Bank of Colorado in April. • Prime Trustreceived between $350,000 and $1 million from Lexicon Bank in April. • Celsius Networkreceived between $150,000 and $350,000 from Signature Bank in April. • Quantstampreceived between $150,000 and $350,000 from Silicon Valley Bank in April. • Crypto miner producerCore Scientificreceived between $2 million and $5 million from City National Bank in April. • Dharma Labsreceived between $150,000 and $350,000 from Radius Bank in April. • Cambridge Blockchainreceived between $150,000 and $350,000 from Cross River Bank May. • Blockchain and AI infrastructure firmGriid Infrastructurereceived between $150,000 and $350,000 from Signature Bank in April. • Crypto mining colocation firmCompute Northreceived between $350,000 and $1 million from Highland Bank in April. • Messarireceived between $150,000 and $350,000 from Silicon Valley Bank in April. • Crypto media outlet Bitcoin Magazine’s parent firmBTC Mediareceived between $350,000 and $1 million from Celtic Bank Corporation in April. • Crypto media firmThe Blockreceived between $150,000 and $350,000 from Silicon Valley Bank in April. This is a developing story. Marc Hochstein,Zack Seward,Daniel NelsonandMatt Yamamotocontributed reporting. Correction (July 6, 19:02 UTC):An earlier version of this article misidentified two of the loan recipients. The R3 LLC that received SBA financing is different than the R3 LLC that develops blockchain technology. SafeChain Solutions is also different from the SafeChain blockchain firm. • ConsenSys, Polychain, Tron, CipherTrace: Blockchain Startups Got $30M+ in US ‘PPP’ Bailout Loans • ConsenSys, Polychain, Tron, CipherTrace: Blockchain Startups Got $30M+ in US ‘PPP’ Bailout Loans... - Reddit Posts (Sample): [['u/ninjared28', 'Icy card with 100000 CRO vs Buying 1.4 BTC ?', 32, '2020-08-16 02:04', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/', "Icy card has several benefits and costs 100000 CRO (\\~17000 USD) to be staked for 6 months. For the same cost, we can get 1.4 BTC. I'm not sure about the growth prospects of CRO as it already has $3+ billion marketcap. I seriously doubt if the CRO price will keep growing.\n\nThere are high predictions for BTC in the long run.\n\nTechnically if we get icy card and stake 100000 CRO, I think monthly we can get $350 ( at current price) worth of CRO on 18% annual interest, extra cashback, extra earn., which can use used to buy bitcoin on a monthly basis. Syndicate/exchange options are not available for US residents. so not counting those benefits.\n\nIf given a choice, would you buy ICY card or 1.4 BTC right now ?", 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/', 'iaif5a', [['u/canth1982', 19, '2020-08-16 02:14', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1oki9l/', "Well even a .01 cent cro price raise net's you 1000. Which 1.4 BTC needs a raise of 650 to match. So, if you think CRO will exist in 6 months the go icy and use your weekly 18% to buy BTC and you will be way further ahead.", 'iaif5a'], ['u/TheGreatRedBuffalo', 10, '2020-08-16 02:15', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1oks9a/', 'Exactly what I do', 'iaif5a'], ['u/brendzy', 55, '2020-08-16 02:19', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1olhna/', "This is the worst place to be asking that question. I'll give you an honest answer, BTC.", 'iaif5a'], ['u/k2thesawa', 10, '2020-08-16 03:09', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1ovb69/', 'I think CRO will continue to rise with BTC as more people enter the space looking for an exchange. CRO should see a little bump with the 2 million dollar syndicate coming up. Overall, i find CDC a bit more risky than BTC so... do you like gambling? I think the $1 CRO is definitely possible in the next 12 months and with the staking rewards that would be huge. Who knows though. I definitely would make sure your portfolio is diversified', 'iaif5a'], ['u/45627Doc', 27, '2020-08-16 03:47', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1p0i8g/', 'I’m in this same boat. I have a lot of link, don’t want to give it in. But want icy bad.\n\nHere is my reasoning for probably pulling the trigger. 100000 CRO in earn @ 18% = 300 CRO. This means you can use that 300 to stack stats or just keep building the amount of CRO so you can buy a lot more at some point weekly. Also mainnet, rapid growth of the platform, and it following btc closely. I don’t think the sole value will be much different of a return, not including the benefits that CRO and icy \n\nAgain just my opinion 😁', 'iaif5a'], ['u/just4linux', 10, '2020-08-16 04:55', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1p7lmr/', "others might have different opinions, but I'd say compare swipe and cdc before making decision which card you want. Also with all attention on defi, eth is going to be big. Nearly all current defi options are build on eth and every single transaction requires ethereum to execute it. This will drive eth price higher. So I would go either eth or cdc 3% card or swipe 4% card. But in the end it's up to you.", 'iaif5a'], ['u/45627Doc', 11, '2020-08-16 04:58', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1p7vlg/', 'Yeah I love eth. I got some already. But Even if you like Eth, you can use that 300+CRO generated weekly to buy more eth! That’s what I think the beauty between CRO is. Plus Icy is 4%', 'iaif5a'], ['u/just4linux', 15, '2020-08-16 05:14', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1p9c28/', "think of it, 4% cashback. How much will you spend per month. Maybe average is about 1k usd. so 40usd per month. But you most likely have already a cc with some cashback. I have another free cc that has 2% cashback. So for me benefit is about 20usd a month for each 1k usd. \n\nWhen I compare how much I have to lock to cdc app to gain this benefit. It's not worth it. I have green one from cdc and even that is a bit questionable with all added benefits if I should keep it or not. The reason why I basically want to keep it is easier way to spend crypto. (maybe card has more value on bear market, but on bull market nah…)\n\nFrom investment point of view, if eth or btc would drop in value, I'd want to sell all cro to swap into one of them. Especially eth has much higher potential (my opinion) than all added benefits cro offer combined. Anyway, your money, your decision.", 'iaif5a'], ['u/Louis6787', 18, '2020-08-16 07:00', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1pipm7/', 'I would go for Bitcoin. Behind CRO there is a company and you can never know what can happen.', 'iaif5a'], ['u/ADPriceless', 12, '2020-08-16 08:23', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1pou78/', 'Why does it have to be Icy? What about stake for a Jade/Indigo and then use the rest for BTC. Whilst the staking amount is massively different (90k CRO) the benefits aren’t. You will get the extra interest on your BTC in earn and can always upgrade down the line', 'iaif5a']]], ['u/nickjlongo', 'How can someone live on Bitcoin today?', 19, '2020-08-16 03:08', 'https://www.reddit.com/r/Bitcoin/comments/iajejp/how_can_someone_live_on_bitcoin_today/', 'Obviously, just only use it instead of USD or whatever, but I’d like to hear people’s actual systems and strategies for making this possible today if it even is? Thanks!', 'https://www.reddit.com/r/Bitcoin/comments/iajejp/how_can_someone_live_on_bitcoin_today/', 'iajejp', [['u/jcoinner', 24, '2020-08-16 04:06', 'https://www.reddit.com/r/Bitcoin/comments/iajejp/how_can_someone_live_on_bitcoin_today/g1p2lad/', "I've been living off btc since 2013. That doesn't mean I never touch fiat obviously. But I get paid in btc and when I need some cash I exchange it but I look for options where I can use btc directly when possible.\n\nDoing this depends a lot on your situation, where you live etc. I have a very non-consumer lifestyle so I don't spend a lot on heaps of crap anyway, and live minimalist to the extent feasible. I think the two go together well. I haven't filed taxes in over 20 years and don't intend to fund any government again in my lifetime (other than sales and hidden taxes). Obviously I'm not an average Joe and most people aren't willing to live this way. The less you need to own and flash around, the easier this becomes. I'm not American btw, which helps.\n\nedit - Just wanted to add one thing I find quite helpful - having friends/family who are inclined to accumulating some btc. Sometimes they'll buy me something in exchange for sending some btc to their wallet. It's never for big stuff but eg. headphones on sale at a big box store. It's a win-win coz they don't want the hassle of opening exchange accounts and I don't have to expose myself either. Saves on fees. After years you can actually have a small network of btc friendlies.", 'iajejp']]], ['u/jwinterm', 'New User Created Badges Available', 70, '2020-08-16 05:06', 'https://www.reddit.com/r/CryptoCurrency/comments/ial4uz/new_user_created_badges_available/', 'We now have the ability to upload custom badges. The first batch of these have been uploaded now from the winning entries in this badge design contest:\n\n[https://www.reddit.com/r/CryptoCurrency/comments/htqsvp/rcryptocurrency\\_badge\\_design\\_contest/](https://www.reddit.com/r/CryptoCurrency/comments/htqsvp/rcryptocurrency_badge_design_contest/)\n\nThanks to [/u/keeri\\_](https://www.reddit.com/u/keeri_/), [/u/astronautandmonkeys](https://www.reddit.com/u/astronautandmonkeys/), and [/u/stopdropandrauljulia](https://www.reddit.com/u/stopdropandrauljulia/).\n\nIf you buy a special membership using Moons, then you are now able to select a custom badge that will show by your username as a Bitcoin Cash, Bitcoin, Cardano, Chainlink, Doge, Ethereum, Iota, Litecoin, Monero, Nano, Ripple, Stellar, or Vechain fan. You can also use the Business Time Doge, Cardboard Box House, Dogejak, or Moonmoon badges. These are in addition to the monthly badges being produced by Reddit admins.\n\nGoing forwards anyone is able to submit a custom badge in the sidebar. Please follow the [design rules here](https://www.reddit.com/r/FortNiteBR/wiki/badgeemojiguide). Anyone that has a badge approved will get a small bonus of ~100 karma that should give them a bonus of ~500 moons at the end of the month distribution.', 'https://www.reddit.com/r/CryptoCurrency/comments/ial4uz/new_user_created_badges_available/', 'ial4uz', [['u/ethereumflow', 17, '2020-08-16 05:16', 'https://www.reddit.com/r/CryptoCurrency/comments/ial4uz/new_user_created_badges_available/g1p9ijr/', 'Moons are getting fun. Maybe it’s time to actually spend some on the membership instead of stocking up. \n\nKeep going with the ideas to get moons to pick up in the community. It’s one of my favourite things about this sub.', 'ial4uz']]], ['u/AutoModerator', '[Daily Discussion] Sunday, August 16, 2020', 50, '2020-08-16 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/ialxl2/daily_discussion_sunday_august_16_2020/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Th... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 0.50% on Sunday. Following on from a 0.70% gain on Saturday, Bitcoin ended the week up by 2.07% to $11,917.5. It was a mixed start to the day. Bitcoin recovered from an early morning low $11,764 to strike a mid-morning intraday high $11,940.5. Falling short of the first major resistance level at $12,004, Bitcoin slid to a mid-day intraday low $11,691.5. Bitcoin fell through the first major support level at $11,702 before recovering to $11,900 levels. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Sunday. Bitcoin Cash SV fell by 0.41% to buck the trend on the day. It was a bullish day for the rest of the majors. Tron’s TRX led the way, rallying by 12.26%. EOS (+4.11%), Litecoin (+6.64%), Stellar’s Lumen (+7.60%), and Tezos (+4.12%) also found strong support. Binance Coin (+1.82%), Bitcoin Cash ABC (+2.32%), Cardano’s ADA (+0.30%), Ethereum (+0.24%), Monero’s XMR (+1.59%), and Ripple’s XRP (+1.93%) trailed the front runners. For the week, it was also mixed for the broader market. Bitcoin Cash SV (-0.19%), Cardano’s ADA (-4.28%), and Monero’s XMR (-1.69%) saw red. It was bullish for the rest of the majors, however. EOS and Tron’s TRX surged by 28.09% and by 38.31% respectively to lead the way. Ethereum (+11.09%), Litecoin (+12.18%), Stellar’s Lumen (+9.41%), and Tezos (+14.88%) also found strong support. Binance Coin (+4.95%), Bitcoin Cash ABC (+2.11%), and Ripple’s XRP (+5.71%) trailed the front runners. In the week, the crypto total market cap fell to a Tuesday low $328.26bn before rising to a Sunday high $367.82bn. At the time of writing, the total market cap stood at $362.51bn. Bitcoin’s dominance rose to a Monday high 62.63% before sliding to a Sunday low 59.93%. At the time of writing, Bitcoin’s dominance stood at 60.29%. Story continues This Morning At the time of writing, Bitcoin was down by 0.51% to $11,856.5. A mixed start to the day saw Bitcoin rise to an early morning high $11,940.0 before falling to a low $11,803.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Cardano’s ADA bucked the trend early on, rising by 0.20%. It was bearish for the rest of the majors, however. At the time of writing, Tron’s TRX was down by 3.09% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $11,850 to support a run at the first major resistance level at $12,008. Support from the broader market would be needed, however, for Bitcoin to break out from the Sunday’s high $11,940.5. Barring an extended crypto rally, the first major resistance level and resistance at $12,000 would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $12,099. Failure to avoid a fall back through the $11,850 pivot level would bring the first major support level at $11,759 into play. Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,600 support levels. The second major support level at $11,601 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: USD/JPY Fundamental Weekly Forecast – GDP Data Important , but Treasury Yields Still Controlling Price Action AUD/USD and NZD/USD Fundamental Daily Forecast – RBA’s Lowe Favors Lower Aussie, but Taking No Action Ampol Shares Fall over 4% as Company Eyes 49% Stake Sale in Convenience Stores Property Trust European Equities: U.S Stats, Geopolitics, and COVID-19 in Focus Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – August 17th, 2020 US Stock Market: Complacent Investors Have Three Weeks to Prepare for Return of Volatility', 'Bitcoin, BTC to USD, rose by 0.50% on Sunday. Following on from a 0.70% gain on Saturday, Bitcoin ended the week up by 2.07% to $11,917.5. It was a mixed start to the day. Bitcoin recovered from an early morning low $11,764 to strike a mid-morning intraday high $11,940.5. Falling short of the first major resistance level at $12,004, Bitcoin slid to a mid-day intraday low $11,691.5. Bitcoin fell through the first major support level at $11,702 before recovering to $11,900 levels. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Sunday. Bitcoin Cash SV fell by 0.41% to buck the trend on the day. It was a bullish day for the rest of the majors. Tron’s TRX led the way, rallying by 12.26%. EOS (+4.11%), Litecoin (+6.64%), Stellar’s Lumen (+7.60%), and Tezos (+4.12%) also found strong support. Binance Coin (+1.82%), Bitcoin Cash ABC (+2.32%), Cardano’s ADA (+0.30%), Ethereum (+0.24%), Monero’s XMR (+1.59%), and Ripple’s XRP (+1.93%) trailed the front runners. For the week, it was also mixed for the broader market. Bitcoin Cash SV (-0.19%), Cardano’s ADA (-4.28%), and Monero’s XMR (-1.69%) saw red. It was bullish for the rest of the majors, however. EOS and Tron’s TRX surged by 28.09% and by 38.31% respectively to lead the way. Ethereum (+11.09%), Litecoin (+12.18%), Stellar’s Lumen (+9.41%), and Tezos (+14.88%) also found strong support. Binance Coin (+4.95%), Bitcoin Cash ABC (+2.11%), and Ripple’s XRP (+5.71%) trailed the front runners. In the week, the crypto total market cap fell to a Tuesday low $328.26bn before rising to a Sunday high $367.82bn. At the time of writing, the total market cap stood at $362.51bn. Bitcoin’s dominance rose to a Monday high 62.63% before sliding to a Sunday low 59.93%. At the time of writing, Bitcoin’s dominance stood at 60.29%. Story continues This Morning At the time of writing, Bitcoin was down by 0.51% to $11,856.5. A mixed start to the day saw Bitcoin rise to an early morning high $11,940.0 before falling to a low $11,803.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Cardano’s ADA bucked the trend early on, rising by 0.20%. It was bearish for the rest of the majors, however. At the time of writing, Tron’s TRX was down by 3.09% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $11,850 to support a run at the first major resistance level at $12,008. Support from the broader market would be needed, however, for Bitcoin to break out from the Sunday’s high $11,940.5. Barring an extended crypto rally, the first major resistance level and resistance at $12,000 would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $12,099. Failure to avoid a fall back through the $11,850 pivot level would bring the first major support level at $11,759 into play. Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,600 support levels. The second major support level at $11,601 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: USD/JPY Fundamental Weekly Forecast – GDP Data Important , but Treasury Yields Still Controlling Price Action AUD/USD and NZD/USD Fundamental Daily Forecast – RBA’s Lowe Favors Lower Aussie, but Taking No Action Ampol Shares Fall over 4% as Company Eyes 49% Stake Sale in Convenience Stores Property Trust European Equities: U.S Stats, Geopolitics, and COVID-19 in Focus Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – August 17th, 2020 US Stock Market: Complacent Investors Have Three Weeks to Prepare for Return of Volatility', 'Bitcoin rose by 2.07% in the week ending 16thAugust. Following on from a 5.57% gain from the previous week, Bitcoin ended the week at $11,917.5.\nIt was a mixed start to the week. Bitcoin rose to a Sunday intraweek high $12,079.5 before hitting reverse.\nComing up against the first major resistance level at $12,070, Bitcoin slid to a Monday intraweek low $11,123.5.\nSteering clear of the first major support level at $11,112, Bitcoin bounced back to a Saturday high $11,991.5 before easing back.\n5 days in the green that included a 1.98% gain on Thursday delivered the upside for the week. A 4.33% slide on Tuesday pinned Bitcoin back, however.\nBitcoin would need to avoid a fall through $11,707 pivot to support a run the first major resistance level at $12,290 into play.\nSupport from the broader market would be needed for Bitcoin to break out from the last week’s high $12,079.5.\nBarring another extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a breakout, Bitcoin could break out from the second major resistance level at $12,663 to target $13,000 levels.\nA fall through the $11,707 pivot would bring the first major support level at $11,334 into play.\nBarring an extended sell-off, Bitcoin should avoid sub-$11,000 levels and the second major support level at $10,751.\nAt the time of writing, Bitcoin was down by 0.90% to $11,810.5. A mixed start to the week saw Bitcoin rise to an early Monday morning high $11,940.0 before sliding to a low $11,792.0.\nBitcoin left the major support and resistance levels untested at the start of the week.\nEOS rallied by 28.08% in the week ending 16thAugust. Following on from a 2.72% gain from the week prior, EOS ended the week at $3.8792.\nA bullish start to the week saw EOS rally to a Monday high $3.3461 before hitting reverse.\nEOS broke through the first major resistance level at $3.2945 before sliding to a Tuesday intraweek low $2.8715.\nSteering clear of the first major support level at $2.7396, EOS rallied to a Sunday intraweek high $3.9863.\nEOS broke back through the first **Last 60 Days of Bitcoin's Closing Prices:** [9411.84, 9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-17 **Financial & Commodity Data:** - Gold Closing Price: $1985.00 - Crude Oil Closing Price: $42.89 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $229,917,200,719 - Hash Rate: 105309977.956271 - Transaction Count: 292944.0 - Unique Addresses: 652100.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.83 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: In the aftermath of the Twitter hack, lawmakers are targeting lax cybersecurity, not Bitcoin. Binance is looking to consolidatebitcoinmining in Russia, ConsenSys is being accused of stealing intellectual property and a celebrated comic book artist will be hawking his wares on the Ethereum blockchain. You’re readingBlockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and all of CoinDesk’snewsletters here. Related: Mining ConsolidationBinance is looking toconsolidate more bitcoin mining hashrateto its pool in Russia and the Central Asia region. The world’s largest crypto exchange is deploying a physical server node for its pool at BitRiver, the largest bitcoin mining hosting provider in Bratsk, Russia. The move would give miner owners at BitRiver who choose to switch to Binance a better connection and direct route to its mining pool, the two firms said in an announcement Friday. In return, Binance would gain exposure and access to customers who run their machines at BitRiver, which currently operates mining facilities at a capacity of 70 megawatt (MW) out of potential capacity of 100 MW. ConsenSys AccusedIn a new lawsuit, Ethereum incubatorConsenSys is accused of abusing its position of trust as an investorto access trade secrets and create a rival offering. BlockCrushr, a payments app, said it received a $100,000 investment from ConsenSys and had 20 in-depth discussions with the incubator. Now, the startup says its intellectual property was misappropriated to build ConsenSys’s own payments system Daisy Payments, since rebranded to CodeFi. Plaintiffs filed two counts of misappropriating trade secrets and one count of a breach of contract, and are suing for damages. CBDC in ActionA senior figure at the Bank of Thailand has confirmed it isalready using a central bank digital currency(CBDC) for transactions with some businesses. Vachira Arromdee, the central bank’s assistant governor, told reporters Wednesday the bank plans to expand the use of the digital currency among large businesses, The Nation reported. It’s unclear what businesses are already using the digital currency; transactions with the Hong Kong Monetary Authority will be conducted with the CBDC from September, Arromdee confirmed. Blockchain BlueprintBeijing released a blueprint for its plans to become a blockchain hub by 2022. The 145-page details 12 potential areas for blockchain implementation, including airports, customs and small businesses,Decrypt reports.The municipal government also aims to create a fund dedicated to supporting local blockchain startups. The Blockreports,“140 government services already use blockchain applications, which include data sharing, collaborative business management, and electronic certifications.” Related:Twitter Hacker Is Mixing Bitcoin Loot Using a Wasabi Wallet, Elliptic Says We’re All Comics in CryptoNoted comic book illustratorJose Delbo is releasing limited-edition art on MakersPlace,a blockchain-powered market for rare and collectible digital art, later this month. The listing includes 250 copies of a digital comic book and a one-of-a-kind digital Superman artwork by Delbo. MakersPlace uses Ethereum to verify the artworks and provide a digital signature from Delbo, who is also hosting a chat in Decentraland. • BlockFi hires formerDeutsche Bank and Barclays alumas general counsel • Crypto wallet provider Sylo targetsgrowing India marketthrough exchange partnership • Binance is not authorized to operate in Malaysia, says the country’s financial regulator (The Block) n the aftermath of the Twitter hack, lawmakers areblaming lax cybersecurity,not Bitcoin. Following the hack, which Twitter says affected130 accounts,Sen. Josh Hawley (R-Mo.), vocal critic of tech platforms, fired off an open letter to CEO Jack Dorsey. The event, Hawley said, “may represent not merely a coordinated set of separate hacking incidents but rather a successful attack on the security of Twitter itself.” Sen. Ron Wyden (D-Ore.) also took aim at Twitter’s architecture. In a statement, he sounded off on the fact that users’ direct messages (DMs) lack end-to-end encryption. “This is a vulnerability that has lasted for far too long, and one that is not present in other, competing platforms. If hackers gained access to users’ DMs, this breach could have a breathtaking impact for years to come,” Wyden said. Wyden revealed he had met with Dorsey privately in 2018 and discussed implementing this privacy feature. While the hack only made off with approximately $120,000, it will persist as a lasting blight on centralized internet platforms for years. In view of Twitter’s unofficial role within politics and media as the broadcaster of all broadcasts, Rep. Frank Pallone (D-N.J.) said the hack could have had “major consequences” on elections. It’s a view shared by others. “With more than 300 million users, Twitter is a primary source of news for many, making it a target for bad actors. This type of hack by con artists for financial gain can also be a tool of foreign actors and others to spread disinformation and – as we’ve witnessed – disrupt our elections,” New York Gov. Andrew Cuomo said. With afederal investigationunderway, “the hack is likely to continue to ratchet up pressure on social media companies, which are already facing scrutiny over content moderation, disinformation and foreign interference,” CoinDesk reports. But that doesn’t mean we’re any closer to adecentralized alternative.As Start9 Lab’s Matt Hill put it, the hack “is yet another wake-up call. And like most wakeup calls, it will be greeted with a snooze button and a growing sense of anxiety. First MoverThe notoriouslyvolatile bitcoin slid just 0.8%to about $9,100 on Thursday, following the largest social media hack in recent memory, which involved an amateurish crypto scam. That’s in a market where it’s not uncommon for prices to swing 8% in a day. “It’s a non-event for price,” Matt Blom, head of sales and trading for the cryptocurrency firm Diginex, told First Mover in an email. The reasons for the non-event revolve around the contradictory and mostly-psychological readings of the event. Little in bitcoin was stolen, all publicity is good publicity and the hack shows how easy it is to track stolen crypto. Maybe most salient: Bitcoin is worth stealing. Your Prime Membership Should Be TokenizedJeff Dorman, a CoinDesk columnist and chief investment officer at Arca, thinksAmazon Prime membership should be tokenized.Tokenization offers the clearest path to show digital ownership and maintain property rights, he said, but it also offers incentives for token owners to maintain, develop and propagate their platforms. In a sense, it’s the easiest way to link shareholders and users of a platform together. “This is the only path where capitalism and socialism can converge, and we’re seeing it happen in real time. Debt, equity and tokenized digital assets will all have a place in an investor’s portfolio and, more importantly, in customers’ portfolios. The lines are likely to blur as investors become active participants in the bootstrapped growth of the companies they love,” he writes. • Blockchain Bites: Binance’s Bitcoin Mining, ConsenSys’ Legal Trouble and Why Politicians Blame Twitter, Not Bitcoin • Blockchain Bites: Binance’s Bitcoin Mining, ConsenSys’ Legal Trouble and Why Politicians Blame Twitter, Not Bitcoin... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Major Chinese bitcoin mining pools are each seeing daily hashrate drops of between 10% and 20% following continuous rainstorms in Sichuan. China’s southwestern Sichuan province, a mountainous region that is estimated to have over 50% of the Bitcoin network’s total computing power, has been hit by heavy rainstorms since last week , which peaked over the last two days. The heavy rainstorms have caused electricity outages in parts of the region as hydro-plants stop generating power to help discharge the floods. Some counties are also experiencing telecommunication and internet breakdowns, said Kevin Pan, CEO and co-founder of PoolIn. Related: PayPal Co-founder, DCG-Backed BTC Mining Firm Layer1 Accused of Patent Infringement As result, impacted bitcoin mining farms in the region are forced to unplug from the network for the time being. It’s not clear when the situation will prove as the rainstorms are still ongoing. Data from BTC.com shows the world’s top four bitcoin mining pools – PoolIn, F2Pool, BTC.com and Antpool, all based in China – have each seen their hashrates drop between 10% and 20% over the last 24 hours. The computing power connected to these four pools accounts for around 50% of the Bitcoin network’s total. Pan said in a Weibo post Tuesday China time that in addition to mining farms being forced to unplug due to electricity and internet disruptions, some have also proactively paused operations ahead of time and evacuated their on-site staff for safety precautions. According to the Xinhua News Agency , the accumulated rain volume in a dozen most-impacted cities in Sichuan between Aug. 10-15 alone has already surpassed the average August monthly volume in any year’s record. Related: Mining Firm Hut 8 Reports 28% Drop in Q2 Revenue Following Bitcoin Halving Further, one major highway that leads to Sichuan’s mountain area, where most of the mining farms are located, is shut down due to severe floods and mudslides. Story continues Meanwhile, bitcoin’s last three-day and one-day average hashrate has dropped to around 123 and 110 exahashes per second (EH/s), respectively. These numbers are down over 3% and 10%, respectively, from the seven-day rolling average around 127 EH/s, which is still at an all-time high. Read more: The 2020 Rainy Season Is Tougher Than Ever for China’s Bitcoin Miners The monsoon season in China every year brings abundant rain and thus excessive hydropower resources especially in the country’s southwestern regions, including Sichuan and Yunan. Such energy excess leads to cheap electricity prices that have been attractive to bitcoin miners. But over the years, the unpredictable weather also caused floods and mudslides, which resulted in bitcoin mining farms halting operations temporarily or even being completely destroyed. Related Stories Top Bitcoin Mining Pools See 15% Hashrate Drop Amid Continuous Rainstorms in China Top Bitcoin Mining Pools See 15% Hashrate Drop Amid Continuous Rainstorms in China', 'Major Chinese bitcoin mining pools are each seeing daily hashrate drops of between 10% and 20% following continuous rainstorms in Sichuan.\nChina’s southwestern Sichuan province, a mountainous region that is estimated to have over 50% of the Bitcoin network’s total computing power, has been hit by heavy rainstormssince last week, which peaked over the last two days.\nThe heavy rainstorms have caused electricity outages in parts of the region as hydro-plants stop generating power to help discharge the floods. Some counties are also experiencing telecommunication and internet breakdowns, said Kevin Pan, CEO and co-founder of PoolIn.\nRelated:PayPal Co-founder, DCG-Backed BTC Mining Firm Layer1 Accused of Patent Infringement\nAs result, impactedbitcoinmining farms in the region are forced to unplug from the network for the time being. It’s not clear when the situation will prove as the rainstorms are still ongoing.\nData from BTC.com shows the world’s top four bitcoin mining pools – PoolIn, F2Pool, BTC.com and Antpool, all based in China – have each seen their hashrates drop between 10% and 20% over the last 24 hours. The computing power connected to these four pools accounts for around 50% of the Bitcoin network’s total.\nPansaidin a Weibo post Tuesday China time that in addition to mining farms being forced to unplug due to electricity and internet disruptions, some have also proactively paused operations ahead of time and evacuated their on-site staff for safety precautions.\nAccording to theXinhua News Agency, the accumulated rain volume in a dozen most-impacted cities in Sichuan between Aug. 10-15 alone has already surpassed the average August monthly volume in any year’s record.\nRelated:Mining Firm Hut 8 Reports 28% Drop in Q2 Revenue Following Bitcoin Halving\nFurther, one major highway that leads to Sichuan’s mountain area, where most of the mining farms are located, isshut downdue to severe floods and mudslides.\nMeanwhile, bitcoin’s last three-day and one-day average hashrate has dropped to around 123 and 110 exahashes per second (EH/s), respectively. These numbers are down over 3% and 10%, respectively, from the seven-day rolling average around 127 EH/s, which is still at an all-time high.\nRead more:The 2020 Rainy Season Is Tougher Than Ever for China’s Bitcoin Miners\nThe monsoon season in China every year brings abundant rain and thus excessive hydropower resources especially in the country’s southwestern regions, including Sichuan and Yunan. Such energy excess leads to cheap electricity prices that have been attractive to bitcoin miners.\nBut over the years, the unpredictable weather also caused floods and mudslides, which resulted in bitcoin mining farmshaltingoperations temporarily or even being completely destroyed.\n• Top Bitcoin Mining Pools See 15% Hashrate Drop Amid Continuous Rainstorms in China\n• Top Bitcoin Mining Pools See 15% Hashrate Drop Amid Continuous Rainstorms in China', 'Major Chinese bitcoin mining pools are each seeing daily hashrate drops of between 10% and 20% following continuous rainstorms in Sichuan.\nChina’s southwestern Sichuan province, a mountainous region that is estimated to have over 50% of the Bitcoin network’s total computing power, has been hit by heavy rainstormssince last week, which peaked over the last two days.\nThe heavy rainstorms have caused electricity outages in parts of the region as hydro-plants stop generating power to help discharge the floods. Some counties are also experiencing telecommunication and internet breakdowns, said Kevin Pan, CEO and co-founder of PoolIn.\nRelated:PayPal Co-founder, DCG-Backed BTC Mining Firm Layer1 Accused of Patent Infringement\nAs result, impactedbitcoinmining farms in the region are forced to unplug from the network for the time being. It’s not clear when the situation will prove as the rainstorms are still ongoing.\nData from BTC.com shows the world’s top four bitcoin mining pools – PoolIn, F2Pool, BTC.com and Antpool, all based in China – have each seen their hashrates drop between 10% and 20% over the last 24 hours. The computing power connected to these four pools accounts for around 50% of the Bitcoin network’s total.\nPansaidin a Weibo post Tuesday China time that in addition to mining farms being forced to unplug due to electricity and internet disruptions, some have also proactively paused operations ahead of time and evacuated their on-site staff for safety precautions.\nAccording to theXinhua News Agency, the accumulated rain volume in a dozen most-impacted cities in Sichuan between Aug. 10-15 alone has already surpassed the average August monthly volume in any year’s record.\nRelated:Mining Firm Hut 8 Reports 28% Drop in Q2 Revenue Following Bitcoin Halving\nFurther, one major highway that leads to Sichuan’s mountain area, where most of the mining farms are located, isshut downdue to severe floods and mudslides.\nMeanwhile, bitcoin’s last three-day and one-day average hashrate has dropped to around 123 and 110 exahashes per second (EH/s), respectively. These numbers are down over 3% and 10%, respectively, from the seven-day rolling average around 127 EH/s, which is still at an all-time high.\nRead more:The 2020 Rainy Season Is Tougher Than Ever for China’s Bitcoin Miners\nThe monsoon season in China every year brings abundant rain and thus excessive hydropower resources especially in the country’s southwestern regions, including Sichuan and Yunan. Such energy excess leads to cheap electricity prices that have been attractive to bitcoin miners.\nBut over the years, the unpredictable weather also caused floods and mudslides, which resulted in bitcoin mining farmshaltingoperations temporarily or even being completely destroyed.\n• Top Bitcoin Mining Pools See 15% Hashrate Drop Amid Continuous Rainstorms in China\n• Top Bitcoin Mining Pools See 15% Hashrate Drop Amid Continuous Rainstorms in China', '* Asian stock markets : https://tmsnrt.rs/2zpUAr4\n* Dollar weakens on disappointing data\n* Nikkei slips 0.24%, Chinese blue chips up 0.18%\n* Safe haven gold rises on Buffet move\n* Oil gives up some gains after output cut\nBy Alun John and Chibuike Oguh\nHONG KONG/NEW YORK, Aug 18 (Reuters) - Asian shares made cautious gains on Tuesday as the lift from Wall Street\'s tech-fueled rally was checked by investors\' fresh concerns about Sino-U.S. tensions.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan gained 0.43%, edging closer to its pre-pandemic late January high, though European markets were set to open slightly down as EUROSTOXX 50 futures eased 0.27% and FTSE futures fell 0.35%.\nE-Mini futures for the S&P 500 were flat.\nThe Trump administration announced on Monday it would further tighten restrictions on China\'s Huawei Technologies Co , aimed at cracking down on its access to commercially available chips, a move set to disrupt global supply chains.\nHowever, sentiment was supported by the Nasdaq, which surged to a record high close on Monday and the S&P 500, wh **Last 60 Days of Bitcoin's Closing Prices:** [9288.02, 9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-18 **Financial & Commodity Data:** - Gold Closing Price: $1999.40 - Crude Oil Closing Price: $42.89 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $229,917,200,719 - Hash Rate: 117947175.311024 - Transaction Count: 346036.0 - Unique Addresses: 739835.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.82 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Point Roberts, Washington and Vancouver, British Columbia--(Newsfile Corp. - August 7, 2020) -  Investorideas.com, a global investor news source covering cryptocurrency and blockchain issues a sector snapshot looking at recent news and developments, featuringIntegrated Ventures Inc. (OTCQB: INTV). Read the full article on Cryptocurrency Companies on Investorideas.comhttps://www.investorideas.com/news/2020/crypto-corner/08070Revenue-Growth.asp Bitcoin and all major cryptocurrencies have seen not only a massive surge in prices recently but also a huge growth in both acceptance and interest in crypto as a replacement for and a hedge against traditional money and finance. The demand is driven by both millennials and institutional investors. Matt Luongo, CEO of Thesis recentlyreported, "Millennial finance is premised on the ability of new technologies to fundamentally and permanently reshape how the money system operates in both form and function. This isn't just theory. It's happening now, and millennials are leading the charge. The success of platforms likeRobinhood, Acorns and Wealthfront demonstrates the potency of this movement and underscores millennials' thirst for options beyond the traditional banks and brokerage houses." "But these apps are only the tip of the iceberg. Their fundamental innovation is around user experience; they ultimately use the same financial infrastructure that legacy banks and wealth managers do. Millennial finance has more in store - and cryptocurrencies will be key. Rather than building a better train to run over the same old rails, crypto lets us build new, open, peer-to-peer rails." Forbesreported, "Institutional demand for bitcoin is soaring amid the coronavirus crisis, with multi-billion dollar bitcoin and crypto-asset manager Grayscale reporting its biggest-ever quarterly inflows of almost $1 billion." Previously involved in the crypto sector and now seeing significant opportunities ahead, Integrated Ventures Inc. (OTCQB: INTV)just reportedthe execution of a $1,000,000 Term Sheet with Eagle Equities, LLC and updated shareholders with recent corporate developments. From the news:The Company has agreed and executed Term Sheet with Eagle Equities, LLC for Private Placement, in the amount of $1,086,956, which will be used to expand cryptocurrency operations and to support future acquired operations. Use of proceeds: (1) purchases of 500 (*) assorted mining rigs: Antminer S17/S19, WhatsMiner and Innosilicon A10 and (2) deployment of the capital to support potential M&A transactions (**). From the news:The Company has decided to diversify its business operations, by expanding its focus from cryptocurrency mining operations to aggressive pursuit and implementation of M&A roll-up, a growth driven strategy seeking to achieve, above market, risk-adjusted returns, primarily by targeting: (1) companies in financial distress, (2) undergoing a turnaround or (3) undervalued companies that are looking for financial assistance, due to the current economic conditions. Integrated Ventures intends to acquire, merge-in and consolidate underperforming companies, mainly in the technology sector, which will allow INTV to combine all financial and management resources together, to cut down operational costs, and to increase the Company's revenues and market cap. From the news:To assist with execution of roll-up strategy, the Company plans to engage a business consulting group, with verifiable revenue generating M&A targets. These pre-vetted targets have a history of 2+ year operations with consistent revenues and EBITDA margins of 10%+. The Company intends to pursue such acquisitions, by offering below market multiples to the revenues with 10%-15% in cash and common stock. As of today, the Company has identified 2 such targets and if successful in closing these 2 deals, Integrated Ventures annual sales are expected to reach around $5.5 million. Integrated Ventures CEO, Steve Rubakh, commented, "The Company plans to diversify and expand its operations, by acquiring revenue generating assets that are available at below market pricing. We intend to assemble a team consisting of experienced and seasoned business professionals, ready to execute a value driven approach, thru a bottom-up research and due diligence process that seeks to capitalize on unique market opportunities. Continued:"We believe that this new business strategy offers an exciting path forward and will significantly increase Company's assets, market valuation and result in an increase in shareholder's value." With the funding, Integrated Ventures intends to focus on the following sectors: Data Center - Design Construction & Management, Cryptocurrency- Mining and Equipment Sales, DeFi Blockchain - Investments, Applications & Node Operations and E-Commerce & Information Technology Consulting Services. How big is the opportunity for companies in the sector?Crypto Corner reported, "Financial services firm Square, Inc reported in a letter to shareholders, that it generated $875 million of bitcoin revenue and $17 million of bitcoin gross profit during Q2 2020 on its Cash App. This represents a revenue increase of 600 percent year over year, something the letter ascribes to "an increase in bitcoin activities and growth in customer demand." As of June, the company boasted "more than 30 million monthly transacting active customers," on its Cash App." For investors following the sector Investor Ideas has a comprehensiveBitcoin, Blockchain and Digital Currency Stocks Directory Also visit theCrypto Corner podcastand commentary on what's driving cryptocurrency stocks and the crypto market. About Investorideas.com - News that Inspires Big Investing IdeasInvestorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles ,podcastsand videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the dailyCrypto Cornerand Podcast,Play by Playsports and stock news column,Investor Ideas #Potcasts#Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and theAI Eye Podcastand column covering developments in AI. Disclaimer/Disclosure:Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: this news release featuring INTV is a paid for news release/article on Investorideas. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp,http://www.investorideas.com/About/News/Clientspecifics.aspLearn more about publishing your news release and our other news services on the Investorideas.com newswirehttps://www.investorideas.com/News-Upload/and tickertagstocknews.com Please read Investorideas.com privacy policy:https://www.investorideas.com/About/Private_Policy.asp Follow us on Twitterhttps://twitter.com/InvestorideasFollow us on Facebookhttps://www.facebook.com/InvestorideasFollow us on YouTubehttps://www.youtube.com/c/InvestorideasDownload ourMobile Appfor iPhone and AndroidJoin our Investor Clubhttps://www.investorideas.com/membership/ Contact Investorideas.com800 665 0411 To view the source version of this press release, please visithttps://www.newsfilecorp.com/release/61259... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, fell by 2.79% on Tuesday. Reversing most of a 3.18% rally from Monday, Bitcoin ended the day at $11,954.5. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $12,402.0 before hitting reverse. Falling short of the first major resistance level at $12,616.33, Bitcoin tumbled to an early afternoon intraday low $11,811.5. Bitcoin fell through the first major support level at $11,846.83 before briefly revisiting $12,000 levels. A bearish end to the day left Bitcoin back at sub-$12,000 levels and in the deep red. The near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day for the majors on Tuesday. Bitcoin Cash ABC (-4.99%), Bitcoin Cash SV (-3.83%), EOS (-5.35%), Ripple’s XRP (-3.98%), Stellar’s Lumen (-4.90%), Tezos (-5.07%), and Tron’s TRX (-5.15%) led the way down. Binance Coin (-2.21%), Cardano’s ADA (-2.42%), Ethereum (-2.13%), Litecoin (-2.62%), and Monero’s XMR (-0.28%) saw relatively modest losses on the day. At the start of the week, the crypto total market rose to a Monday high $384.00bn before sliding to an early Wednesday low $349.40bn. At the time of writing, the total market cap stood at $352.81bn. Bitcoin’s dominance fell to a Monday low 59.97% before rising to a Wednesday morning high 61.61%. At the time of writing, Bitcoin’s dominance stood at 61.39%. This Morning At the time of writing, Bitcoin was down by 1.76% to $11,744.0. A mixed start to the day saw Bitcoin rise to an early morning high $12,022.5 before sliding to a low $11,650.0. Bitcoin fell through the first major support level at $11,710.0 early on. Elsewhere, it was also a bearish start to the day for the crypto majors. At the time of writing, Tron’s TRX was down by 6.66% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $12,056 to support a run at the first major resistance level at $12,301. Support from the broader market would be needed, however, for Bitcoin to break out from the morning high $12,022.5. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $12,500 before any pullback. Failure to move through the $12,056 pivot level would bring the first major support level at $11,710 back into play. Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,500 support levels. The second major support level sits at $11,466. This article was originally posted on FX Empire More From FXEMPIRE: GBP/USD Daily Forecast – Resistance At 1.3300 In Sight GBP/USD Wave 3 Pattern Confirms Bullish Momentum Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – August 19th, 2020 Is It Make or Break for the US Dollar Index? Price of Gold Fundamental Daily Forecast – Could Spike Higher if Fed Changes Approach to Inflation Was That the Top in Gold?', 'Bitcoin, BTC to USD, fell by 2.79% on Tuesday. Reversing most of a 3.18% rally from Monday, Bitcoin ended the day at $11,954.5.\nIt was a mixed start to the day. Bitcoin rose to an early morning intraday high $12,402.0 before hitting reverse.\nFalling short of the first major resistance level at $12,616.33, Bitcoin tumbled to an early afternoon intraday low $11,811.5.\nBitcoin fell through the first major support level at $11,846.83 before briefly revisiting $12,000 levels.\nA bearish end to the day left Bitcoin back at sub-$12,000 levels and in the deep red.\nThe near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bearish day for the majors on Tuesday.\nBitcoin Cash ABC (-4.99%), Bitcoin Cash SV (-3.83%), EOS (-5.35%), Ripple’s XRP (-3.98%), Stellar’s Lumen (-4.90%), Tezos (-5.07%), and Tron’s TRX (-5.15%) led the way down.\nBinance Coin (-2.21%), Cardano’s ADA (-2.42%), Ethereum (-2.13%), Litecoin (-2.62%), and Monero’s XMR (-0.28%) saw relatively modest losses on the day.\nAt the start of the week, the crypto total market rose to a Monday high $384.00bn before sliding to an early Wednesday low $349.40bn. At the time of writing, the total market cap stood at $352.81bn.\nBitcoin’s dominance fell to a Monday low 59.97% before rising to a Wednesday morning high 61.61%. At the time of writing, Bitcoin’s dominance stood at 61.39%.\nAt the time of writing, Bitcoin was down by 1.76% to $11,744.0. A mixed start to the day saw Bitcoin rise to an early morning high $12,022.5 before sliding to a low $11,650.0.\nBitcoin fell through the first major support level at $11,710.0 early on.\nElsewhere, it was also a bearish start to the day for the crypto majors.\nAt the time of writing, Tron’s TRX was down by 6.66% to lead the way down.\nBitcoin would need to move through the pivot level at $12,056 to support a run at the first major resistance level at $12,301.\nSupport from the broader market would be needed, however, for Bitcoin to break out from the morning high $12,022.5.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test resistance at $12,500 before any pullback.\nFailure to move through the $12,056 pivot level would bring the first major support level at $11,710 back into play.\nBarring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,500 support levels. The second major support level sits at $11,466.\nThisarticlewas originally posted on FX Empire\n• GBP/USD Daily Forecast – Resistance At 1.3300 In Sight\n• GBP/USD Wave 3 Pattern Confirms Bullish Momentum\n• Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – August 19th, 2020\n• Is It Make or Break for the US Dollar Index?\n• Price of Gold Fundamental Daily Forecast – Could Spike Higher if Fed Changes Approach to Inflation\n• Was That the Top in Gold?', "United States Department of Justice on Tuesday said it has unsealed an indictment charging five individuals for international fraud, money laundering and defrauding individuals through a\xa0purported cryptocurrency company. What Happened The five individuals \x97 Pablo Renato Rodriguez, Gutemberg Dos Santos, Scott Hughes, Cecilia Millan, and Jackie Aguilar \x97 ran a company called AirBit Club since the beginning of 2015, which claimed to mine and trade in cryptocurrency, the Justice Department said in a statement . The alleged fraudsters, charged with running a multimillion-dollar fraud and a money-laundering ring, spent their victims' money on luxury cars, jewelry, and homes, according to Homeland Security Investigations Special Agent-in-Charge Peter Fitzhugh. Prosecutors say that the five persons traveled throughout the United States and around the world and hosted expositions and presentations\xa0\x97\xa0inducing victims to purchase memberships in AirBit Club\x92s scheme. The victims are reported to have observed profits accumulate on the website of the scheme, but no actual Bitcoin mining or trading took place. Instead, the alleged fraudsters enriched themselves with the invested funds. Why It Matters The Justice Department claims the defendants laundered at least $20 million of the proceeds in the scheme. Rodriguez, Dos Santos, and Millan stand charged with single count to commit wire fraud, conspiracy to commit money laundering, and conspiracy to commit bank fraud. Hughes was charged with one count of conspiracy to commit money laundering and one count of conspiracy to commit bank fraud. Aguilar was charged with one count of conspiracy to commit wire fraud. Price Action Bitcoin traded nearly 3.9% lower at $11,787.89 on Wednesday at press time. See more from Benzinga Bitcoin Cash and Litecoin Cryptocurrencies To Trade At The Stock Market As Grayscale Wins FINRA Approval Texas Man Charged With Fraud For Transferring Nearly M Coronavirus Federal Aid To Cryptocurrency Account © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", "United States Department of Justice on Tuesday said it has unsealed an indictment charging five individuals for international fraud, money laundering and defrauding individuals through a\xa0purported cryptocurrency company.\nWhat Happened\nThe five individuals — Pablo Renato Rodriguez, Gutemberg Dos Santos, Scott Hughes, Cecilia Millan, and Jackie Aguilar — ran a company called AirBit Club since the beginning of 2015, which claimed to mine and trade in cryptocurrency, the Justice Department said in astatement.\nThe alleged fraudsters, charged with running a multimillion-dollar fraud and a money-laundering ring, spent their victims' money on luxury cars, jewelry, and homes, according to Homeland Security Investigations Special Agent-in-Charge Peter Fitzhugh.\nProsecutors say that the five persons traveled throughout the United States and around the world and hosted expositions and presentations\xa0—\xa0inducing victims to purchase memberships in AirBit Club’s scheme.\nThe victims are reported to have observed profits accumulate on the website of the scheme, but no actual Bitcoin mining or trading took place. Instead, the alleged fraudsters enriched themselves with the invested funds.\nWhy It Matters\nThe Justice Department claims the defendants laundered at least $20 million of the proceeds in the scheme.\nRodriguez, Dos Santos, and Millan stand charged with single count to commit wire fraud, conspiracy to commit money laundering, and conspiracy to commit bank fraud.\nHughes was charged with one count of conspiracy to commit money laundering and one count of conspiracy to commit bank fraud. Aguilar was charged with one count of conspiracy to commit wire fraud. **Last 60 Days of Bitcoin's Closing Prices:** [9332.34, 9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-19 **Financial & Commodity Data:** - Gold Closing Price: $1958.70 - Crude Oil Closing Price: $42.93 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $229,917,200,719 - Hash Rate: 116262215.6637237 - Transaction Count: 333879.0 - Unique Addresses: 710405.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.80 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: As the U.S. dollar’s value slides, prices are suddenly rising for just about everything priced in dollars. That includesbitcoin, which shot up some 13% on Monday for its biggest gain in almost three months. Prices soared past levels reached in February, prior to the pandemic-induced sell-off, reaching a new 2020 high of $11,180. You’re readingFirst Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you don’t have to. You cansubscribe here. Related:How Real Is Bitcoin’s Rally? 8 Interpretations of Bitcoin's Massive Surge Joe DiPasquale, CEO of the cryptocurrency hedge fund BitBull Capital, told First Mover in an email that the latest move up appeared “in sync” with gold’s climb in recent days to a new record. Bitcoin is seen by many digital-asset analysts as a hedge against inflation and currency debasement, similar to the way investors in traditional markets have historically used gold. “Bitcoin sprung into action,” DiPasquale said. It’s a remarkable development in the bitcoin market, where investors, as recently as last week, were despairing that the oldest and largest cryptocurrency had been stuck in a range between $9,000 and $10,000 for the past two months. So for bitcoin bulls, the jolt out of the doldrums was welcome, especially when the pricewent up, not down. The day’s gain came on strong trading volume, with levels not seen since early June. Related:Bitcoin’s Latest Rally May Have Staying Power, Exchange Flows Suggest “The trend is clear and we are headed higher,” said Jack Tan, of Taiwan-based quantitative trading firm Kronos Research. Bitcoin is now up 57% year to date, more than double the 28% gain this year for gold, which climbed in recent days to a record. The Standard & Poor’s 500 Index of large U.S. stocks, meanwhile, is roughly flat for the year. “Given gold has just set a new all-time high, and with bitcoin’s correlation to stocks breaking down while being replaced by a strong correlation to gold, we envisage further tests to the upside this coming week,” the cryptocurrency-trading firmDiginexwrote in a daily market report. The U.S. Dollar Currency Index, a gauge of the greenback’s value versus other major currencies like the euro and yen, has fallen for seven straight sessions; the Wall Street firm Goldman Sachs predicts the dollar could lose another 5% over the next 12 months. “The U.S. dollar is eroding quickly, and people are starting to notice,” wrote Mati Greenspan, founder of the cryptocurrency and foreign-exchange research firm Quantum Economics, in his daily email. “It’s plain to see that people are ditching the buck as fast as they can.” That’s good for bitcoin and gold: As the Wall Street Journal put it Monday, a weakening dollar “mechanically pushes up the prices of the commodities invoiced in greenbacks.” Investors appear worried the global economic recovery is faltering, with cases on the rise and a death toll globally thatjust passed 650,000. In the U.S. Congress, Senate Republicans proposed a $1 trillion relief package following negotiations with President Donald Trump, but that amount falls far short of a Democrat-led plan for $3.5 trillion in stimulus. Jim Reid, strategist for the German lender Deutsche Bank, wrote in a report that the Federal Reserve, which has already expanded its balance sheet this year by about $3 trillion to about $7 trillion, might need to pump another $12 trillion over the next few years. The Federal Reserve is scheduled to meet this week in closed-door discussions, with a statement due late Wednesday. With interest rates already close to zero, no major policy changes are expected, but the cryptocurrency investment fund Arca noted Monday that a sell-off in the U.S. stock market might provoke the U.S. central bank to respond. A report on Thursday is expected to show that U.S. gross domestic product declined during the second quarter by a staggering 35% on an annualized basis. With so much fragility in the economy, and things not improving quickly, “the moral hazard is now so high that the stock market barely even has to blink,” Arca wrote. For bitcoin, according to Arca, “the breakout was just a matter of time.” BTC: Price: $10,773 (BPI) | 24-Hr High: $11,395 | 24-Hr Low: $10,215 Trend: Bitcoin is witnessing a low-volume technical pullback on Tuesday. The largest cryptocurrency by market value is currently trading near $10,850 – down over 4% from the 11-month high of $11,394 reached on Monday. The drop in price suggests bitcoin may be overvalued. The 14-day relative strength index jumped to 82 as prices surged 11% on Monday. An above-70 reading indicates overbought conditions – meaning excessive demand has pushed prices unjustifiably high. The pullback may be extended further, as the 14-day RSI is still hovering above 70. In addition, the RSI on the hourly chart has dropped into bearish territory below 50. That said, the bullish bias might be invalidated if prices finish below $10,500 (the February high) at the UTC market close. That looks unlikely, as the decline from multi-month highs observed so far today is accompanied by a slide in trading volumes (above right). A low-volume pullback is often short-lived. Besides, some analysts are convinced that Monday’s bullish move has put bitcoin on the path toward record highs. “[Monday’s] daily close is amazing and could very well resemble April 2019’s $1k candle that ended the bear market and fueled a rally to $13,000. Only this time, the rally should lead to new all-time-high for BTC,” popular analystJosh Rager tweetedearly Tuesday. • First Mover: The Dollar Drop May Have Helped Push Bitcoin Past $11K • First Mover: The Dollar Drop May Have Helped Push Bitcoin Past $11K... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["Intel Corporation(NASDAQ:INTC) shares jumped in the after-hours session Wednesday as the company\xa0said it was entering into accelerated share repurchase agreements to buy a total of $10 billion of the company’s common stock.\nWhat Happened\nUpon the completion of the agreements, the chipmaker will\xa0have purchased nearly $17.6 billion in shares as a part of its share buyback plan announced in October 2019, the company said in astatement.\nThe Santa Clara, California-based company said it would purchase 166 million shares under one such agreement, which is set to be completed by the end of this year.\n“While the macro-economic environment remains uncertain, Intel shares are currently trading well below our intrinsic valuation, and we believe these repurchases are prudent at this time,” said Intel CEO Bob Swan.\nThe company's shares have declined by almost 19% in the past month.\nWhy It Matters\nIntel recorded second-quarter earnings per share of $1.23, whichbeat the analyst consensusestimate of $1.10 by 11.82%. The chipmaker’s earnings rose 16.04% over the same period last year from $1.06 per share.\nIn July, BofA Securities analyst Vivek Arya downgraded Intel from Buy To Neutral and lowered the price target from $70 to $62.\nArya questioned the competitiveness of Intel’s manufacturing process after the crucial 7nm series of chips were delayed by a further six months.\nThe delay is being cited as a positive for rivalsAdvanced Micro Devices, Inc(NASDAQ:AMD) andNVIDIA Corporation(NASDAQ:NVDA) as they move ahead with their 7nm processes.\nIntel Price Action\nIntel shares traded nearly 3.6% higher at $50.06 in the after-hours session after the news of the buyback broke. The shares closed the regular session 0.66% lower at $48.33.\nSee more from Benzinga\n• Google Rolls Out Virtual Visiting Cards For Its Search Engine Users In India\n• Intel Shakeup Sees Chief Engineer Depart After Next-Gen Chips Delayed\n• Gold Hits Record High As US-China Relations Deteriorate Further, Bitcoin Crosses ,000 Mark\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", "Intel Corporation (NASDAQ: INTC ) shares jumped in the after-hours session Wednesday as the company\xa0said it was entering into accelerated share repurchase agreements to buy a total of $10 billion of the company’s common stock. What Happened Upon the completion of the agreements, the chipmaker will\xa0have purchased nearly $17.6 billion in shares as a part of its share buyback plan announced in October 2019, the company said in a statement . The Santa Clara, California-based company said it would purchase 166 million shares under one such agreement, which is set to be completed by the end of this year. “While the macro-economic environment remains uncertain, Intel shares are currently trading well below our intrinsic valuation, and we believe these repurchases are prudent at this time,” said Intel CEO Bob Swan. The company's shares have declined by almost 19% in the past month. Why It Matters Intel recorded second-quarter earnings per share of $1.23, which beat the analyst consensus estimate of $1.10 by 11.82%. The chipmaker’s earnings rose 16.04% over the same period last year from $1.06 per share. In July, BofA Securities analyst Vivek Arya downgraded Intel from Buy To Neutral and lowered the price target from $70 to $62. Arya questioned the competitiveness of Intel’s manufacturing process after the crucial 7nm series of chips were delayed by a further six months. The delay is being cited as a positive for rivals Advanced Micro Devices, Inc (NASDAQ: AMD ) and NVIDIA Corporation (NASDAQ: NVDA ) as they move ahead with their 7nm processes. Intel Price Action Intel shares traded nearly 3.6% higher at $50.06 in the after-hours session after the news of the buyback broke. The shares closed the regular session 0.66% lower at $48.33. See more from Benzinga Google Rolls Out Virtual Visiting Cards For Its Search Engine Users In India Intel Shakeup Sees Chief Engineer Depart After Next-Gen Chips Delayed Gold Hits Record High As US-China Relations Deteriorate Further, Bitcoin Crosses ,000 Mark © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", 'Sina Nader, the former head of crypto at brokerage firm Robinhood, has joined FTX.US exchange as COO, The Block has learned.\nFTX.US founder and CEO Sam Bankman-Fried confirmed the news, telling The Block: "We\'re really excited for Sina to join — he brings a ton of experience, energy, and vision for the exchange, and in general for the U.S. crypto market."\n"We\'re looking forward to him massively scaling up FTX.US," said Bankman-Fried, adding that specific expansion plans will be announced "soon."\nFTX.US waslaunchedin May of this year and offers spot trading in six coins, including bitcoin (BTC) and ether (ETH). The exchange operates in almost all states, excluding New York and Washington. In comparison, Binance.US has over ten restricted states.\nNadersaidhe is "delighted" to join FTX.US and is "super excited about all we will do." At Robinhood, Nader spent just over eight months,as The Block reportedrecently. Previously, he held positions at Morgan Stanley and Credit Suisse and was a former director at private crypto investment firm CryptoLux Capital.\n© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.', 'Sina Nader, the former head of crypto at brokerage firm Robinhood, has joined FTX.US exchange as COO, The Block has learned. FTX.US founder and CEO Sam Bankman-Fried confirmed the news, telling The Block: "We\'re really excited for Sina to join — he brings a ton of experience, energy, and vision for the exchange, and in general for the U.S. crypto market." "We\'re looking forward to him massively scaling up FTX.US," said Bankman-Fried, adding that specific expansion plans will be announced "soon." FTX.US was launched in May of this year and offers spot trading in six coins, including bitcoin (BTC) and ether (ETH). The exchange operates in almost all states, excluding New York and Washington. In comparison, Binance.US has over ten restricted states. Nader said he is "delighted" to join FTX.US and is "super excited about all we will do." At Robinhood, Nader spent just over eight months, as The Block reported recently. Previously, he held positions at Morgan Stanley and Credit Suisse and was a former director at private crypto investment firm CryptoLux Capital. © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.', 'The native token for OMG Network has more than doubled in the past week as record Ethereum fees lead some investors to look to layer 2 solutions . CoinGecko data shows OMG tokens have increased 115% from $1.70 to $3.65 in the past seven days \x96 with the price surging by 30% in the past 24 hours. The rally means OMG\x92s market cap has surged by approximately $275 million since this time last week. OMG\x92s price has increased by nearly 1,000% since it fell to its all-time low of $0.35 after the Black Thursday crash in March. Denis Vinokourov, research head at crypto exchange BeQuant, told CoinDesk OMG Network was benefitting from a \x93perfect storm\x94 of industry-wide developments. The craze around DeFi \x96 a subset that has exploded to well over $6 billion \x96 has seen a surge in activity on Ethereum, leading to soaring fees. There are also reports the testnet for Eth 2.0 \x96 a new iteration that would make the blockchain platform much more scalable \x96 crashed last week. As such, investors are beginning to look more closely at layer 2 solutions, he said. Ethereum\x92s average transaction fees rapidly shot up from under $0.10 in January to nearly $3.40 currently \x96 the first time fees have stayed so consistently high. Stablecoin Tether \x96 a notable "gas guzzler" \x96 said Wednesday it was launching on OMG Network so it could take some of the pressure off the base layer. See also: Decentralized Finance Frenzy Drives Ethereum Transaction Fees to All-Time Highs Additional reporting by Omkar Godbole. Related: Bitcoin Has Lost Its Way: Here\x92s How to Return to Crypto\x92s Subversive Roots CORRECTION (Aug 20, 09:30 UTC): A previous version of this article referred to OMG Network by its old name, OmiseGo. This has since been corrected. Related Stories OMG Price Doubles as DeFi and Record Ethereum Fees Create \x91Perfect Storm\x92 OMG Price Doubles as DeFi and Record Ethereum Fees Create \x91Perfect Storm\x92 OMG Price Doubles as DeFi and Record Ethereum Fees Create \x91Perfect Storm\x92', 'The native token for OMG Network has more than doubled in the past week as record Ethereum fees lead some investors to look tolayer 2 solutions.\n• CoinGecko datashows OMG tokens have increased 115% from $1.70 to $3.65 in the past seven days – with the price surging by 30% in the past 24 hours.\n• The rally means OMG’s market cap has surged by approximately $275 million since this time last week.\n• OMG’s price has increased by nearly 1,000% since it fell to its all-time low of $0.35 after the Black Thursday crash in March.\n• Denis Vinokourov, research head at crypto exchange BeQuant, told CoinDesk OMG Network was benefitting from a “perfect storm” of industry-wide developments.\n• The craze around DeFi – a subset that has exploded towell over $6 billion– has seen a surge in activity on Ethereum, leading to soaring fees.\n• There are also reports the testnet for Eth 2.0 – a new iteration that would make the blockchain platform much more scalable – crashed last week.\n• As such, investors are beginning to look more closely at layer 2 solutions, he said.\n• Ethereum’s average transaction fees rapidly shot up from under $0.10 in January to nearly $3.40 **Last 60 Days of Bitcoin's Closing Prices:** [9303.63, 9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-20 **Financial & Commodity Data:** - Gold Closing Price: $1933.80 - Crude Oil Closing Price: $42.58 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $217,268,749,875 - Hash Rate: 123002054.25292504 - Transaction Count: 333683.0 - Unique Addresses: 705709.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Telegram will pay $18.5 million and notify the U.S. Securities and Exchange Commission (SEC) if it plans to issue any sort of digital currency in the next three years in a proposed settlement with the securities regulator, a court filing revealed Thursday. The settlement, which was reached on June 11 and effectively ends a six-month court fight with the agency, also indicates the messaging platform will be responsible for a $1.22 billion disgorgement that is offset by $1.19 billion paid as “termination amounts” in investors’ purchase agreements and the amounts that some investors loaned to Telegram earlier this year. Telegram has 30 days to pay the SEC penalty and up to four years to pay back investors under the settlement. Additionally, Telegram should notify the SEC if the company wants to issue “‘cryptocurrencies,’ ‘digital coins,’ ‘digital tokens,’ or any similar digital asset issued or transferred using distributed ledger technology” at any point over the next three years. The notification – which is not a request for an approval – should come 45 days prior to the planned issuance, the settlement reads. Related: Sovrin Foundation Sheds All Paid Staff in Tale of a Token Issuance Gone Wrong The settlement apparently takes into consideration Telegram’s commitment to terminate TON’s development and pay back investors . Previously, Telegram offered its non-U.S. investors an opportunity to loan their money to the company for one year, with a pledge to pay back 110% of the amount invested next April. This was as an alternative to getting back 72% of the investment this May – the amount previously agreed upon by the investors. Not everyone was happy with the deal, with some investors saying they considered suing Telegram . $1.7B token offering The SEC sued Telegram in October 2019 after the company raised $1.7 billion to fund the development of its TON blockchain project. A federal court sided with the SEC when the agency asked to block Telegram from issuing any tokens as it had planned to do earlier this year. While Telegram appealed initially, it later halted this effort . Story continues The company announced it would be ceasing work on TON on May 27, though it published some code for the project. Related: Kleiman Bitcoin Case Heads to Trial as Motion for Sanctions Against Craig Wright Is Denied After adding “some almost-finished components of TON Storage, TON Payments and CPS Fift from testing branches into the main branch,” “the original TON development team is discontinuing its active involvement with the TON project,” the update said. While Telegram ostensibly no longer plans to update its code for TON, it did write that “some minor bug fixes and Github issue answers may occasionally appear if any of the members of the original team have the spare time and inclination to contribute to the community’s efforts.” Telegram managed to release most of the TON code, including blockchain nodes , a technical paper on TON’s consensus protocol and a native crypto wallet . While Telegram itself claimed it would no longer launch TON, another entity, TON Labs, launched its own version of the network with a group of professional validators. The SEC declined to comment on the proposed settlement, but said in a letter to the court that the proposed settlement “is fair and reasonable and in the public interest.” In a statement shared with CoinDesk and later published to Telegram founder Pavel Durov’s Telegram channel, the company said the settlement “reconfirms our commitment to repay the remaining funds to purchasers.” “Since we saw limited value in pursuing the court case further, we welcomed the opportunity to resolve it without admitting or denying our liability,” the statement said, concluding that he hoped the U.S. becomes friendlier to blockchain in the future. UPDATE (June 25, 2020, 18:30 UTC): This article has been updated with a statement from Telegram. Related Stories Telegram Agrees to Pay $18.5M Penalty in SEC Settlement Over Failed TON Offering Telegram Agrees to Pay $18.5M Penalty in SEC Settlement Over Failed TON Offering... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["INX Ltd. said it will launch its long-awaited landmark initial public offering (IPO) as soon as Monday, capping a nearly two-year journey for the startup cryptocurrency and security token exchange. “It is anticipated that the offering will begin on Aug. 24, 2020, or shortly thereafter,” the Gibraltar-based company said in a press release Thursday. Also Thursday, U.S. Securities and Exchange Commission (SEC) posted a notice of effectiveness , officially clearing the sale. As previously reported, INX has priced its 130 million tokens, which are to run on the Ethereum blockchain, at $0.90 each, totaling $117 million in gross proceeds. This was smack in the middle of the target range of $0.80 to $1.00 per token. After offering expenses and fees to advisory firm A-Labs, the sale would net up to $111 million, according to INX’s latest filing with the SEC. The net proceeds would be used to: Build INX Trading Solutions, a regulated exchange for cryptocurrencies, security tokens and derivatives. Build a cash fund to protect the company and its customers in the event of a data breach, trading execution error or counterparty default. The instruments on offer are a hybrid of utility and security tokens. Investors could use them to pay trading fees on INX’s platform. The tokens would also entitle holders to a share of company profits. Related: Uber's Former Security Chief Charged With Trying to Conceal Hack Using Bitcoin INX’s sale would mark a milestone for the blockchain industry. It would be the first security token offering (STO) registered with the SEC, and thus legally marketable to mom-and-pop investors. Previous STOs were unregistered and limited to wealthy investors, with the issuers simply filing notices to the regulator; the initial coin offerings (ICO) of the 2017-2018 boom were conducted with little if any regard for compliance. INX’s sale would also be one of very few IPOs in the blockchain industry and almost certainly the largest. Story continues It’s been a long road for the company, whose U.S. operations are led by Executive Managing Director Alan Silbert. (His brother Barry is the CEO of Digital Currency Group, the parent company of CoinDesk.) INX first signaled its intent to go public with a draft registration statement submitted in January 2018. The company filed its F-1 prospectus (the SEC’s form for foreign issuers) almost exactly a year ago. To comply with know-your-customer (KYC) regulations, INX has written a smart contract that allows only wallet addresses belonging to investors that have been vetted and put on a “whitelist” to receive the tokens. TokenSoft, a registration agent that specializes in blockchain token offerings, is doing the KYC checks and maintaining the registry of investors. Last month, INX hired Paz Diamant as its chief technology officer, regulatory filings show. Diamant is the former managing director of R&D and product at eToro, where he built the brokerage’s crypto trading system, according to his LinkedIn profile . UPDATE (Aug. 21, 15:00 UTC): Added sentence about notice of effectiveness from SEC. Related Stories INX Crypto Exchange to Launch $117M IPO Next Week INX Crypto Exchange to Launch $117M IPO Next Week INX Crypto Exchange to Launch $117M IPO Next Week", "INX Ltd. said it will launch its long-awaited landmark initial public offering (IPO) as soon as Monday, capping a nearly two-year journey for the startup cryptocurrency and security token exchange.\n• “It is anticipated that the offering will begin on Aug. 24, 2020, or shortly thereafter,” the Gibraltar-based company said in a press release Thursday.\n• Also Thursday, U.S. Securities and Exchange Commission (SEC) posted anotice of effectiveness, officially clearing the sale.\n• As previously reported, INX has priced its 130 million tokens, which are to run on the Ethereum blockchain, at $0.90 each, totaling $117 million in gross proceeds. This was smack in the middle of the target range of $0.80 to $1.00 per token.\n• After offering expenses and fees to advisory firm A-Labs, the sale would net up to $111 million, according to INX’s latestfilingwith the SEC.\nThe net proceeds would be used to:\n• Build INX Trading Solutions, a regulated exchange for cryptocurrencies, security tokens and derivatives.\n• Build a cash fund to protect the company and its customers in the event of a data breach, trading execution error or counterparty default.\nThe instruments on offer are a hybrid of utility and security tokens.\n• Investors could use them to pay trading fees on INX’s platform.\n• The tokens would also entitle holders to a share of company profits.\nRelated:Uber's Former Security Chief Charged With Trying to Conceal Hack Using Bitcoin\nINX’s sale would mark a milestone for the blockchain industry.\n• It would be the first security token offering (STO) registered with the SEC, and thus legally marketable to mom-and-pop investors.\n• Previous STOs were unregistered and limited to wealthy investors, with the issuers simply filing notices to the regulator; the initial coin offerings (ICO) of the 2017-2018 boom were conducted with little if any regard for compliance.\n• INX’s sale would also be one of very few IPOs in the blockchain industry and almost certainly the largest.\nIt’s been a long road for the company, whose U.S. operations are led by Executive Managing Director Alan Silbert. (His brother Barry is the CEO of Digital Currency Group, the parent company of CoinDesk.)\n• INX first signaled its intent to go public with adraft registration statementsubmitted in January 2018.\n• The company filed its F-1 prospectus (the SEC’s form for foreign issuers)almost exactly a year ago.\n• To comply with know-your-customer (KYC) regulations, INX has written a smart contract that allows only wallet addresses belonging to investors that have been vetted and put on a “whitelist” to receive the tokens.\n• TokenSoft, a registration agent that specializes in blockchain token offerings, is doing the KYC checks and maintaining the registry of investors.\n• Last month, INX hired Paz Diamant as its chief technology officer, regulatory filings show. Diamant is the former managing director of R&D and product at eToro, where he built the brokerage’s crypto trading system, according to hisLinkedIn profile.\nUPDATE (Aug. 21, 15:00 UTC):Added sentence about notice of effectiveness from SEC.\n• INX Crypto Exchange to Launch $117M IPO Next Week\n• INX Crypto Exchange to Launch $117M IPO Next Week\n• INX Crypto Exchange to Launch $117M IPO Next Week", 'The NASDAQ Composite finished at a record high on Thursday, with the run in heavyweight tech stocks also carrying the S&P 500 and Dow higher. Investors shrugged off downbeat U.S. economic data that affirmed the Federal Reserve’s view of a difficult road to economic recovery.\nIn the cash market on Thursday,the benchmark S&P 500 Indexsettled at 3385.51, up 10.66 or +0.36%.The blue chip Dow Jones Industrial Averagefinished at 27739.73, up 46.85 or +0.19% andthe technology-based NASDAQ Compositeclosed at 11264.95.\nThe NASDAQ clocked its 19threcord closing high since early June, when it confirmed its recovery from the coronavirus sell-off. Thursday’s record close was its 35thso far this year compared with 31 record closing highs in 2019 and 29 in 2018.\nMeanwhile, the benchmark S&P 500 Index completed its fastest recovery from a bear market this week, joining the NASDAQ in scaling new peaks. It also confirmed a bull market for the S&P 500 Index.\nStocks were pressured early in the session by data that showedinitial jobless claimsrose unexpectedly back above the 1 million mark last week after slipping below that level for the first time since the start of the pandemic.\nThe volatility in jobless claims followed the lapse of an extra $600 weekly unemployment benefit at the end of July and came as Democrats in Congress have failed to reach an agreement with the White House on extending it.\nAccording to the minutes released on Wednesday, the Fed’s latest policy meeting gave a somber assessment of the U.S. economy as it grapples with the pandemic, but ruled out, for now, more dovish easing policy measures.\nSeparate data from the Philadelphia Fed showed a business conditions index fell more than expected in August.\nEconomically sensitive financial and energy sectors were some of the biggest percentage losers among the major S&P sectors.\nGains inApple Inc.– the only publicly listed U.S. company to cross the $2 trillion market value milestone –Amazon.com Inc.andMicrosoft Corp.underpinned the three main indexes’ gains as investors bet they would ride out the economic crisis.\nNvidia Corp.edged higher after posting better than expected quarterly sales forecast.\nIntel Corp.rose after announcing a $10 billion share buyback plan.\nL Brands Inc.advanced after reporting a surprise quarterly profit, boosted by strong demand for Bath & Body Works’ products as well as higher online sales of Victoria’s Secret lingerie.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• US Stocks Finish Higher as Tech Stock Gains Offset Weak Economic Data\n• Gold Price Futures (GC) Technical Analysis – Strong Over $1949.40; Trigger Point for Breakdown is $1928.90\n• Fed Can Control Yield Curve. But It Can’t Control Gold\n• Crude Oil Price Update – Key Support Remains $42.01; Trigger Point for Breakdown is $41.33\n• Bitcoin Struggling to Break 78.6% Fib in Triangle\n• EUR/USD Daily Forecast – Euro Tries To Continue Its Rebound', 'The NASDAQ Composite finished at a record high on Thursday, with the run in heavyweight tech stocks also carrying the S&P 500 and Dow higher. Investors shrugged off downbeat U.S. economic data that affirmed the Federal Reserve’s view of a difficult road to economic recovery. In the cash market on Thursday, the benchmark S&P 500 Index settled at 3385.51, up 10.66 or +0.36%. The blue chip Dow Jones Industrial Average finished at 277 **Last 60 Days of Bitcoin's Closing Prices:** [9648.72, 9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-21 **Financial & Commodity Data:** - Gold Closing Price: $1934.60 - Crude Oil Closing Price: $42.34 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $217,268,749,875 - Hash Rate: 130584372.6657766 - Transaction Count: 314297.0 - Unique Addresses: 675988.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.81 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The major Asia-Pacific stock indexes are trading mixed early Monday as investors awaited the release of China’s benchmark lending rate. Shares in Japan rose despite a dive in the country’s exports. Weakness in the financial sector are pushing down shares in Australia and Hong Kong is called lower in anticipation of a reaction to city-tightened restrictions. At 01:26 GMT,Japan’s Nikkei 225 Indexis trading 22674.73, down 21.69 or -0.10% and South Korea’s KOSPI Index is at 2190.39, down 10.80 or -0.49%. China’s Shanghai Index is trading 3213.74, down 0.39 or -0.01% and Australia’s ASX/200 Index is at 6010.20, down 23.40 or -0.39%. China is expected to keep itsbenchmark lending ratesteady for the third straight month at its July fixing on Monday, a Reuters survey showed, encouraged by a stronger-than-expected rebound from the coronavirus crisis. Thirty-four traders and analysts out of 36 participants in the snap survey this week predicted no change to the one-year Loan Prime Rate (LPR). The remaining two expected a marginal reduction of five basis points (bps) in both tenors. The one-year LPR is now 3.85% after two cuts this year, while the five-year rate is at 4.65%. Japan’s exports fellin May at the fastest pace since the global financial crisis as U.S.-bound car shipments plunged, bolstering expectations for a deeper contraction in the world’s third-largest economy this quarter. U.S.-bound exports – Japan’s key market – halved to market the biggest annual drop since March 2009, due to more than 70% declines in shipments of cars and car parts. Japan is the world’s second-largest exporter of autos. U.S.-bound exports fell to 588 billion Yen ($5.48 billion), the lowest since February 2009, shrinking Japan’s trade surplus with the United States to 10 billion Yen, the smallest since records began in January 1979. Hong Kong tightened coronavirus restrictions on Sunday, with non-essential civil servants told to work from home from this week, as the global financial hub reported a record number of daily cases. Hong Kong leader Carrie Lam told a news conference the city recorded more than 100 cases in the past 24 hours, the most since the pandemic took hold in late January, taking the tally close to 2,000 patients, 12 of whom have died. For a look at all of today’s economic events, check out oureconomic calendar. Thisarticlewas originally posted on FX Empire • Geopolitics and COVID-19 Put the EUR, Pound and the Greenback in Focus • AUD/USD and NZD/USD Fundamental Weekly Forecast – Weak AUD Jobs Data, NZ Inflation Raise Red Flags • European Equities: Futures Point to the Red as EU Recovery Fund Talks Stall • Oil Price Fundamental Weekly Forecast – Weak Gasoline Demand Could Weigh on Prices • Crude Oil Traders Look to China • Bitcoin and Cardano’s ADA Weekly Technical Analysis – July 20th, 2020... - Reddit Posts (Sample): [['u/Federer107', 'I’m that Annoying guy who talks about Bitcoin and the Economy too much.', 14, '2020-08-21 00:12', 'https://www.reddit.com/r/Bitcoin/comments/idk4aa/im_that_annoying_guy_who_talks_about_bitcoin_and/', 'How does one stop?', 'https://www.reddit.com/r/Bitcoin/comments/idk4aa/im_that_annoying_guy_who_talks_about_bitcoin_and/', 'idk4aa', [['u/Mark_Bear', 12, '2020-08-21 00:44', 'https://www.reddit.com/r/Bitcoin/comments/idk4aa/im_that_annoying_guy_who_talks_about_bitcoin_and/g29lodf/', 'Most people have been very carefully brainwashed at great expense to believe that if the right President gets elected, all our problems will be solved. Few things are further from the truth.\n\nThe brainwashing also gets them to believe:\n\n* Once they get that new thing, they\'ll finally be happy\n* They should take out a loan to get that new thing\n* If they\'re not financially successful, it\'s their own fault because "the economy" is fine\n\nThe reality is:\n\n* You won\'t be happy with what you want until you start wanting what you have\n* Debt is a trap, a burden, and should be avoided as much as possible\n* The economy is NOT fine, it\'s quite fucked up and getting worse and **criminal bankers are to blame**\n\nThen people like us come along, singing a completely different tune.', 'idk4aa']]], ['u/ThePerito', 'Cultural Exchange between /r/Lebanon and /r/berlin', 53, '2020-08-21 19:00', 'https://www.reddit.com/r/lebanon/comments/ickeno/cultural_exchange_between_rlebanon_and_rberlin/', 'Welcome to the Cultural Exchange between [/r/Lebanon](https://www.reddit.com/r/Lebanon) and [/r/berlin](https://www.reddit.com/r/berlin/)/\n\nCourtesy of our friends over at [/r/berlin](https://www.reddit.com/r/berlin/)/ we are pleased to host our end of the cultural exchange between the two subreddits.\n\nThe purpose of this event is to allow people from two different regions to get and share knowledge about their respective cultures, daily life, history and curiosities.\n\n# General guidelines\n\n​\n\n* **Lebanese** ask your questions about Berlin on their subreddit here: https://www.reddit.com/r/berlin/comments/ie0lyk/cultural_exchange_between_rberlin_and_rlebanon/\n* **German** friends will ask their questions about Lebanon on this thread itself.\n* English is generally recommended to be used to be used in both threads.\n* Event will be moderated, following the guidelines of *Reddiquette* and *respective subreddit rules.*\n\n# Quick introduction about Lebanon\n\n>Quick explanation of what is happening in Lebanon (Before the explosion): [https://imgur.com/a/Ixo3v8S](https://imgur.com/a/Ixo3v8S) \n> \n>**Introduction** \n> \n>Lebanon is a tiny country in the middle east. It\'s bordered by Syria from the north and east, Israel from the south, and the Mediterranean Sea from the west. Syria has been in a deadly civil war since 2012. Lebanon and Israel are officially "at war" since the inception of Israel, though currently there isn\'t any war going on, and the last real war between the two countries happened in 2006 and lasted only 30 days. \n> \n>Lebanon went into a long and deadly civil war in the 70s and 80s. It only ended when the war lords sat together and decided that instead of attempting to kill each other, why not become rulers and split the gains. Thus from the early 90s until today Lebanon has been ruled by the same warlords that fought in the civil war. The speaker of the parliament never changed, not even once, and the rest of MPs and politicians just switched ministries and places every few years to present the image of democracy. \n> \n>Lebanon also has Hizbollah, an organization that is labeled as a terrorist organization by many countries. Hizbollah has more powerful intillegence and military than the Lebanese government itself. The organization has unobstructed powers, for example, it started the 2006 war with Israel without the acceptance of the official Lebanese government. \n> \n>Lebanese politicians save their billions and billions of dollars in savings in banks across Europe, mainly Switzerland. \n> \n>Lebanon doesn\'t have oil, nor a serious construction sector. Lebanon relies on the service sector and tourism to survive, both of which are almost nonexistent at this point. Lebanon has a huge crippling debt. Lebanon\'s capital, Beirut, was voted the most expensive city to live in in the middle east two years ago. Lebanon\'s passport is one of the worst passports in the world and doesn\'t allow you to visit any notable country without a visa. \n> \n>**October 2019 - Political, COVID-19 and Economical Problems**\n> \n>In October 2019, the government approved a law that would increase taxes, and tax the usage of Whatsapp. The Lebanese population attempted a peaceful revolution, the country effectively closed down from October until December. The revolution was successful in forcing the government to resign, but wasn\'t able to make the president, MPs or speaker of the parliament resign. \n> \n>Things went to shit after that, unofficial capital control started in October. The bank declared that people can\'t withdraw money from their savings or current accounts. People weren\'t allowed to transfer money outside Lebanon or use any credit or debit card internationally. The government started considering a haircut. The currency started to lose value rapidly. \n> \n>The official rate is currently 1$ = 1,515 LBP while the black market rate is 1$ = 8,500 LBP \n> \n>The money stuck in the bank is useless, almost frozen because it can\'t be withdrawn without losing \\~65% of it\'s value and even then, in small quantities. \n> \n>Add to that COVID-19 is ripping the country. We\'re having exponential growth in the number of cases right now. \n> \n>**The Explosion**\n> \n>On August 4, 2020 multiple explosions occurred in Beirut Port that destroyed half the city, killed hundreds, with an additional large number of people missing, injured hundreds of thousands of people and made 300,000 people homeless. 80000 children displaced. The explosion was so big that it was heard and felt in Cyprus and Syria. There were reports of damages to properties from the explosions all over Lebanon, not just in Beirut. \n> \n>The explosion destroyed half of the city including busy hospitals, which ended up causing people to have to deliver or have critical operations using the flash light from the doctors\' cellphones. \n> \n>The explosion killed several foreign nationals including French, German, Canadian, American, and Australian citizens. \n> \n>This post is made to raise awareness about what happened in Lebanon by sharing the videos of the incident. Please note that those videos are graphic as they show the moment the explosion happened. \n> \n>**Donation Help**\n> \n>Any kind of monetary donation will go a LONG way during these times. \n> \n>You can donate using your credit card, paypal account, bank transfer or bitcoin donation. \n> \n>You can find a list of verified and safe NGOs to donate to here: [https://www.reddit.com/r/lebanon/comments/iaaksr/list\\_of\\_lebanese\\_ngos\\_that\\_are\\_verified\\_and\\_safe/](https://www.reddit.com/r/lebanon/comments/iaaksr/list_of_lebanese_ngos_that_are_verified_and_safe/) \n> \n>**You can check out some of the videos here:**\n> \n>* [https://www.youtube.com/watch?v=hQfJXrcTxRM](https://www.youtube.com/watch?v=hQfJXrcTxRM) \n> \n>* Angle #1 [https://streamable.com/xmmoa7](https://streamable.com/xmmoa7) \n> \n>* Angle #2 [https://streamable.com/nscx9m](https://streamable.com/nscx9m) \n> \n>* Angle #3 [https://streamable.com/zbjj5f](https://streamable.com/zbjj5f) \n> \n>* Angle #4 [https://streamable.com/saoafz](https://streamable.com/saoafz) \n> \n>* Angle #5 [https://streamable.com/4ga1vb](https://streamable.com/4ga1vb) \n> \n>* Angle #6 [https://streamable.com/lmivb2](https://streamable.com/lmivb2) \n> \n>* Angle #7 [https://streamable.com/mcy82f](https://streamable.com/mcy82f) \n> \n>* Angle #8 [https://streamable.com/zg9oal](https://streamable.com/zg9oal) \n> \n>* Angle #9 [https://streamable.com/zykkj6](https://streamable.com/zykkj6) \n> \n>* Angle #10 [https://streamable.com/22e152](https://streamable.com/22e152) \n> \n>* [https://twitter.com/HZLABZ/status/1290728687311233024](https://twitter.com/HZLABZ/status/1290728687311233024) \n> \n>* [https://www.instagram.com/tv/CDqBvxBhPzO/?igshid=nnq6omqpye0](https://www.instagram.com/tv/CDqBvxBhPzO/?igshid=nnq6omqpye0) \n> \n>* [https://www.youtube.com/watch?v=mLgzyUB58tI&feature=youtu.be](https://www.youtube.com/watch?v=mLgzyUB58tI&feature=youtu.be) \n> \n>* [https://www.youtube.com/watch?v=4hmj6BegDUU](https://www.youtube.com/watch?v=4hmj6BegDUU) \n> \n>* [https://www.youtube.com/watch?v=DdSHRbSZkwc](https://www.youtube.com/watch?v=DdSHRbSZkwc) \n> \n>* [https://www.youtube.com/watch?v=PUQ-QvCqDjA](https://www.youtube.com/watch?v=PUQ-QvCqDjA) \n> \n>* [https://www.youtube.com/watch?v=Ea04DriyYb4](https://www.youtube.com/watch?v=Ea04DriyYb4) \n> \n>* [https://twitter.com/Hasi10209552/status/1291280651920998400?s=09](https://twitter.com/Hasi10209552/status/1291280651920998400?s=09) \n> \n>* [https://www.youtube.com/watch?v=j1iwI2ZwENg](https://www.youtube.com/watch?v=j1iwI2ZwENg) \n> \n>* [https://www.youtube.com/watch?v=tFR1PJnLwg0&feature=youtu.be](https://www.youtube.com/watch?v=tFR1PJnLwg0&feature=youtu.be) \n> \n>* [https://www.youtube.com/watch?v=xgj7AcIZ4c8](https://www.youtube.com/watch?v=xgj7AcIZ4c8) \n> \n>* [https://www.youtube.com/watch?v=-WRyrF7v8Co&feature=youtu.be](https://www.youtube.com/watch?v=-WRyrF7v8Co&feature=youtu.be) \n> \n>* ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Despite the stock market returning to all-time highs, many can’t shake the feeling that all is not well in the economy. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . This episode is sponsored by Crypto.com , Bitstamp and Nexo.io . Related: Bitcoin News Roundup for Aug. 24, 2020 See also: S&P5 vs. S&P 500: The Real Story of the Stock Market Recovery Today on The Breakdown’s Weekly Recap: People aren’t buying “the Great American Recovery” Let’s stop considering the economy as one thing Dave Portnoy doesn’t care about your principles DeFi is the Wild West and saved only by the fact that no normie understands what the hell is going on Bitcoin is being compared to the dollar not stocks and that’s serious progress This week on The Breakdown: Monday | What’s Actually Happening With Inflation Right Now Tuesday | How Excess Capital and Low Interest Rates Reshaped Silicon Valley, Feat. Chris McCann Wednesday | S&P5 vs. S&P 500: The Real Story of the Stock Market Recovery Related: Why Are Traditional Investors So Hungry for Yield Curve Control? Thursday | The Most Pro-Bitcoin Politicians in the US Friday | Winter Is Coming: Examining the Economy’s Eight-Body Problem For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . Related Stories People Aren’t Buying the ‘Great American Recovery’ Narrative People Aren’t Buying the ‘Great American Recovery’ Narrative', 'Despite the stock market returning to all-time highs, many can’t shake the feeling that all is not well in the economy.\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\nThis episode is sponsored byCrypto.com,BitstampandNexo.io.\nRelated:Bitcoin News Roundup for Aug. 24, 2020\nSee also:S&P5 vs. S&P 500: The Real Story of the Stock Market Recovery\n• People aren’t buying “the Great American Recovery”\n• Let’s stop considering the economy as one thing\n• Dave Portnoy doesn’t care about your principles\n• DeFi is the Wild West and saved only by the fact that no normie understands what the hell is going on\n• Bitcoinis being compared to the dollar not stocks and that’s serious progress\nMonday |What’s Actually Happening With Inflation Right Now\nTuesday |How Excess Capital and Low Interest Rates Reshaped Silicon Valley, Feat. Chris McCann\nWednesday |S&P5 vs. S&P 500: The Real Story of the Stock Market Recovery\nRelated:Why Are Traditional Investors So Hungry for Yield Curve Control?\nThursday |The Most Pro-Bitcoin Politicians in the US\nFriday |Winter Is Coming: Examining the Economy’s Eight-Body Problem\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\n• People Aren’t Buying the ‘Great American Recovery’ Narrative\n• People Aren’t Buying the ‘Great American Recovery’ Narrative', 'The idea of wholly digital currencies isn\'t a new one, but it was bitcoin that added extra fuel to that long-running conversation, according to Neha Narula, director of MIT Digital Currency Initiative.\nHer comments were included in The Block\'s newwide-ranging reporton central bank digital currencies, which covers a range of R&D initiatives from around the world. In the report, Narula was asked about the "real opportunity" of CBDC, and at the outset, she pointed to bitcoin as a catalyst for the discussions happening today.\nNarula was quoted as saying:\n"We have the unique opportunity to design something that is like cash, for a digital context. Bitcoin kicked all of this off, which inspired the Bank of England to do some interesting writing on this. The idea of digital currency and e-money has been floating around for a while, but Bitcoin accelerated that conversation."\n"Now we have an opportunity to decide what [digital cash] could look like — but there are a lot of different stakeholders with different views and wants. We don\'t yet know how this will turn out," she continued.\nNarula also highlighted the work being done across the crypto landscape in this context.\n"The crypto world is a laboratory to experiment with these ideas, but it\'s still small. The real win is bringing this technology into the real world and seeing what the interfaces look like," she noted.\nRead The Block\'s new report,A Global Look at Central Bank Digital Currencies, by clickinghere.\n© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.', 'The idea of wholly digital currencies isn\'t a new one, but it was bitcoin that added extra fuel to that long-running conversation, according to Neha Narula, director of MIT Digital Currency Initiative. Her comments were included in The Block\'s new wide-ranging report on central bank digital currencies, which covers a range of R&D initiatives from around the world. In the report, Narula was asked about the "real opportunity" of CBDC, and at the outset, she pointed to bitcoin as a catalyst for the discussions happening today. Narula was quoted as saying: "We have the unique opportunity to design something that is like cash, for a digital context. Bitcoin kicked all of this off, which inspired the Bank of England to do some interesting writing on this. The idea of digital currency and e-money has been floating around for a while, but Bitcoin accelerated that conversation." "Now we have an opportunity to decide what [digital cash] could look like — but there are a lot of different stakeholders with different views and wants. We don\'t yet know how this will turn out," she continued. Narula also highlighted the work being done across the crypto landscape in this context. "The crypto world is a laboratory to experiment with these ideas, but it\'s still small. The real win is bringing this technology into the real world and seeing what the interfaces look like," she noted. Read The Block\'s new report, A Global Look at Central Bank Digital Currencies , by clicking here . © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.', 'The idea of wholly digital currencies isn\'t a new one, but it was bitcoin that added extra fuel to that long-running conversation, according to Neha Narula, director of MIT Digital Currency Initiative.\nHer comments were included in The Block\'s newwide-ranging reporton central bank digital currencies, which covers a range of R&D initiatives from around the world. In the report, Narula was asked about the "real opportunity" of CBDC, and at the outset, she pointed to bitcoin as a catalyst for the discussions happening today.\nNarula was quoted as saying:\n"We have the unique opportunity to design something that is like cash, for a digital context. Bitcoin kicked all of this off, which inspired the Bank of England to do some interesting writing on this. The idea of digital currency and e-money has been floating around for a while, but Bitcoin accelerated that conversation."\n"Now we have an opportunity to decide what [digital cash] could look like — but there are a lot of different stakeholders with different views and wants. We don\'t yet know how this will turn out," she continued.\nNarula also highlighted the work being done across the crypto landscape in this context.\n"The crypto world is a laboratory to experiment with these ideas, but it\'s still small. The real win is bringing this technology into the real world and seeing what the interfaces look like," she noted.\nRead The Block\'s new report,A Global Look at Central Bank Digital Currencies, by clickinghere.\n© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.']... **Last 60 Days of Bitcoin's Closing Prices:** [9629.66, 9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-22 **Financial & Commodity Data:** - Gold Closing Price: $1934.60 - Crude Oil Closing Price: $42.34 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $214,950,070,412 - Hash Rate: 114577256.01642336 - Transaction Count: 311699.0 - Unique Addresses: 649053.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.78 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: U.S. West Texas Intermediate and international-benchmark Brent crude oil finished slightly lower last week as traders digested a number of off-setting factors. Bullish private industry and government inventories data helped underpin the markets, while the possibility of increased supply after OPEC+ announced it would begin tapering its production cuts starting in August weighed on prices. Meanwhile, traders were also monitoring the surge in COVID-19 cases that could lead to a mild case of demand destruction. Last week, September WTI crude oil futures settled at $40.75, down $0.01 or -0.02% and September Brent crude oil finished at $43.14, down $0.10 or -0.23%. American Petroleum Institute Weekly Inventories Report The API reported late Tuesday a huge draw in crude oil inventories of 8.322 million barrels for the week-ending July 10 . Analysts were looking for a smaller draw of 2.275 million barrels. The API also reported a draw of 3.611 million barrels of gasoline for the week-ending July 10. Analysts forecast a 900,000-barrel draw for the week. Distillate inventories were up by 3.03 million barrels for the week, while Cushing inventories saw a build of 548,000 barrels. US Crude, Refined Products Stocks Drop Sharply:  EIA U.S. crude oil and refined product inventories fell sharply last week due in part to a notable drop in crude imports, the Energy Information Administration said last Wednesday. Crude inventories fell 7.5 million barrels in the week to July 10 to 531.7 million barrels , compared with analysts’ expectations in a Reuters poll for a 2.1 million-barrel drop. The decline was driven by a steep drop in imports, which fell by a net 2 million barrels per day (bpd), the EIA said. U.S. imports of oil from Mexico returned to more typical levels at 490,000 bpd in the most recent week, after a surprising spike to an eight-year high in the previous period. Gasoline demand , meanwhile, dipped modestly as more U.S. states have reimposed lockdowns as coronavirus cases and deaths are spiking anew. Overall, gasoline supplied over the last four weeks, a proxy for demand, is 9% below the same period a year ago. Story continues Distillate stockpiles, which include diesel and heating oil, fell by 453,000 barrels. However, Gulf Coast distillate inventories rose last week to 58.6 million barrels, highest on record. OPEC+ Agreed to Ease Record Supply Curbs from August OPEC and its allies agreed on Wednesday to scale back oil production cuts from August as the global economy slowly recovers from the coronavirus pandemic. OPEC+ has been reducing output since May by 9.7 million barrels per day, or 10% of global supply, but from August, cuts will officially taper to 7.7 million bpd until December. Despite the official OPEC+ accord, Saudi Arabian Energy Minister Prince Abdulaziz bin Salman said production cuts in August and September would end up amounting to about 8.1 million-8.3million bpd, more than the headline number. That’s because countries in the grouping which over-produced earlier this year would compensate by making extra August-September cuts, the minister said. Weekly Forecast The OPEC+ move is risky because the rise in coronavirus infections in the United States and around the world could lead to a second round of demand destruction if the outbreak cannot be contained. However, some traders are downplaying the threat, citing tightening global inventories and a pick-up in the economy as reasons to remain optimistic. The next major move in crude oil will be determined by whether we see more draws in the coming weeks. If the API and EIA reports continue to indicate a tightening of supplies then this may be enough to offset the potentially bearish tapering of the production cuts. A tightening of supplies, however, will be largely determined by whether the economy continues to recover. Of major concern will be gasoline demand. If consumers decide voluntarily or are forced to shut down then this could weigh on fuel demand. “The gasoline demand number is very weak, and with the coronavirus situation worsening, it’s only going to get worse. That’s going to be a weight on the market,” said John Kilduff, partner at Again Capital in New York. For a look at all of today’s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: EUR/USD Daily Forecast – Euro Breaks to Fresh 4-Month Highs Geopolitics and COVID-19 Put the EUR, Pound and the Greenback in Focus Bitcoin and Cardano’s ADA Weekly Technical Analysis – July 20th, 2020 GBP/USD Daily Forecast – Support At 20 EMA Stays Strong Crude Oil Traders Look to China Forex Technical Analysis & Forecast for July 20, 2020... - Reddit Posts (Sample): [['u/ridenourt', 'Time to buy in', 58, '2020-08-22 02:44', 'https://www.reddit.com/r/Bitcoin/comments/ie90c1/time_to_buy_in/', "Lets start off by saying I have called a lot of the dips back in 2016-2020 just check my posts on here and bitcointalk. I know this might dip, and hell we might even see 10,500-11K again. There is just too many forces at work for this not to go a lot higher though.\n\n\\#1 is you have Greyscale and other companies picking up huge amounts of bitcoin almost double even what the miners are able to produce per block. Simply put the supply is dwindling and the upward pressure will be too strong at some point. The miners tend to sell some of their rewards, but they are not selling all. \n\n\\#2 The dollar is in a really bad situation here. If people are noticing the main correlation of where bitcoin price goes it lies in the strength/weakness of the dollar. With 28 trillion in debt I am not sure how we make it out of this hole. I don't think you will see it completely collapse, however the printing presses are really going full tilt which inflation is under control right now, but for how long ? One of the major currencies Dollar, Yen, Euro, or Yuan will come close to collapsing in the next few years. Fiat can only go for so long before it needs a hard re-set. \n\n\\#3 Mining rewards were halved. I know this was months ago, but not having double the bitcoin being dumped is a huge advantage. The bitcoin is in strong hands / hodlers.\n\n\\#3 the Defi game has changed the landscape. More and more people are going to jump on the Defi bandwagon and get their bitcoins wrapped or use Blockfi, Aave ect. In the short term these can be used to short bitcoin, but it's already creating a wave of buying so people can get the yield. This has more advantages on upward price movements as it will control the tempo. On the other side of this however is in a year or two one of these will blow up taking everyone's btc with them so be careful.\n\n\\#4 On August 1st we had a sell off where they pushed the bid down from 12k to 10,500 in 15 minutes on massive sell orders and some stop loss selling. Each tumble like that is getting more and more expensive. These pushes are to scoop up the derivatives they buy before the major sell offs . This has been a ongoing trend in bitcoin from even the early years (not the derivatives side). As time goes on and there are less and less coins these are getting way more expensive to manipulate it on the short side. That's why they did the dump in such a short time frame, because the longer the dump is going to cost even more money. \n\nOverall I can really see this taking off again soon after the consolidation. I also believe we take out the ATH here in a few months.", 'https://www.reddit.com/r/Bitcoin/comments/ie90c1/time_to_buy_in/', 'ie90c1', [['u/Mark_Bear', 14, '2020-08-22 03:22', 'https://www.reddit.com/r/Bitcoin/comments/ie90c1/time_to_buy_in/g2dznnv/', 'I hear what you\'re saying. \n\nPoints 3, 3, and 4: agreement. \n\nPoint1. Good point. For me, it\'s a maybe. Maybe Grayscale is buying actual Bitcoin, maybe not. Maybe we\'re seeing something like \'rehypothecation\' where the custodian has 1 BTC and they tell 2, 3, or 37 different people that it belongs to them. Maybe not. I\'ve been around to know better than to trust these kinds of people. \n\nPoint2: Yes. Eventually. We might have deflation first, then hyperinflation. Maybe not. But hyperinflation, sooner or later. \n\n​\n\nYou\'re screaming, "DEflation!!" I can hear it from here. How? Good question. Think about the fiat currency global banking system. QE "money printing" aside, money was created when loans were taken out -- fractional reserve lending. Therefore, (fiat, fractional-reserve) money is destroyed (goes back into thin air) when loans are payed off, or go bad. We\'re seeing a lot of bad loans, and we\'re about to see even more: Mortgages for homes and for rental properties. Business loans. Bonds. Government loans at all levels. Student debt. Auto loans. Credit card debt. Second mortgages. Boat loans. Furniture. Stocks bought on margin. Etc. \n\nAs much of that debt goes bad, it creates deflation pressure. \n\n​\n\nLook at 1929, for example. There was deflation. In the current global banking system, deflation is like trying to ride a motorcycle downhill and backwards. Eventually you crash. \n\n​\n\nEventually, hyperinflation. For now, much of the money "printed" by the Federal Reserve is going to cronies and bankers and people who are already ultra-rich. The "theory" used to tell us that it "trickles down" to the common man, but that has been shown to be total bullshit. So, most of that newly created money is not helping people to make loan payments. \n\nBasically, the central bankers and their cronies are "stealing everything worth owning". That\'s also a reason to own Bitcoin starting now... The Fed can\'t "print" Bitcoins and the government cannot confiscate them (if they\'re stored properly). \n\n​\n\nAnyhow, I need to go buy the dip now.', 'ie90c1'], ['u/jcoinner', 12, '2020-08-22 03:35', 'https://www.reddit.com/r/Bitcoin/comments/ie90c1/time_to_buy_in/g2e11o3/', 'Only a super heavy duty blender can do that.', 'ie90c1']]], ['u/SpockSays', 'Does the lightning network have "equal" qualities to the base layer of the bitcoin protocol?', 29, '2020-08-22 04:38', 'https://www.reddit.com/r/BitcoinBeginners/comments/ieaoga/does_the_lightning_network_have_equal_qualities/', 'For example, the bitcoin protocol when operating on the base layer has these qualities: Finality, uncensorable, unseizable, unfreezable, permissionless, borderless.\n\nThese qualities are what make bitcoin, bitcoin.\n\nDoes using lightning network encompass all of these same qualities?\n\nIf not, what are the trade offs?\n\nIs there a good reading, video, or podcast that covers this specific question with more depth?', 'https://www.reddit.com/r/BitcoinBeginners/comments/ieaoga/does_the_lightning_network_have_equal_qualities/', 'ieaoga', [['u/andreasma', 19, '2020-08-22 05:23', 'https://www.reddit.com/r/BitcoinBeginners/comments/ieaoga/does_the_lightning_network_have_equal_qualities/g2eh26j/', 'Yes, equal and in some of those qualities Lightning is actually better. \n\nFaster finality, better privacy, less censorable.', 'ieaoga']]], ['u/AutoModerator', '[Daily Discussion] Saturday, August 22, 2020', 50, '2020-08-22 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/iebvi7/daily_discussion_saturday_august_22_2020/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n**Other ways to interact:**\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/iebvi7/daily_discussion_saturday_august_22_2020/', 'iebvi7', [['u/my_alt_account', 15, '2020-08-22 07:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/iebvi7/daily_discussion_saturday_august_22_2020/g2eyyz3/', "I'm buying this dip.", 'iebvi7'], ['u/freq-ee', 24, '2020-08-22 07:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/iebvi7/daily_discussion_saturday_august_22_2020/g2f2852/', 'I think people lose perspective. BTC is down a few hundred dollars and you have people saying a crash is coming. BTC swings a thousand dollars or more at a time. \n\nPeople were so ready for $15K that when it drops $300 they think the world is ending.\n\nUnless your leveraged, there is really no reason to even worry at this level. Even if you bought at $12.4K you just have to wait a month or two at the most. It will at least touch that level again.', 'iebvi7'], ['u/CrypticallyDodge', 16, '2020-08-22 08:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/iebvi7/daily_discussion_saturday_august_22_2020/g2fbdgd/', 'Considering what? Seems like an overly bearish call to me at this point', 'iebvi7'], ['u/unvocal_username', 11, '2020-08-22 09:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/iebvi7/daily_discussion_saturday_august_22_2020/g2fi8kp/', 'Considering he has a position I guess', 'iebvi7'], ['u/aaj094', 19, '2020-08-22 12:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/iebvi7/daily_discussion_saturday_august_22_2020/g2g1eh0/', '[https://stephanlivera.com/episode/203/](https://stephanlivera.com/episode/203/)\n\nRaoul Pal - Bitcoin and Macro collide.', 'iebvi7'], ['u/chougattai', 12, '2020-08-22 14:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/iebvi7/daily_discussion_saturday_august_22_2020/g2gh58b/', 'So buy the dip is only a valid strategy if you time the absolute bottom of a trend? Lol.', 'iebvi7'], ['u/thearmthearm', 15, '2020-08-22 15:19', 'https://www.reddit.com/r/BitcoinMarkets/comments/iebvi7/daily_discussion_saturday_august_22_2020/g2goskl/', 'Are there any Blockfi users here? I\'m comfortable with the risk but get flashes of top voted "Not your keys..." comments on the other subreddit lol. Anyone ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 1.24% on Saturday. Partially reversing a 2.81% loss from Friday, Bitcoin ended the day at $11,673.5.\nIt was a bearish start to the day. Bitcoin slid to an early morning intraday low $11,369.5 before finding support.\nThe reversal saw Bitcoin fall through the first major support level at $11,379.67 before rising to a late intraday high $11,692.0.\nFalling short of the first major resistance level at $11,783.67, Bitcoin wrapped up the day at sub-$11,700 levels.\nThe near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bullish day for the majors on Saturday.\nEOS (+3.48%), Tezos (+5.69%), and Tron’s TRX (+3.61%) led the way.\nBitcoin Cash ABC (+2.30%), Litecoin (+2.08%), Monero’s XMR (+2.55%), Ripple’s XRP (+2.50%), and Stellar’s Lumen (+2.65%) also found strong support.\nBinance Coin (+0.59%), Bitcoin Cash SV (+0.36%), Cardano’s ADA (+1.68%), and Ethereum (+1.96%) trailed the front runners.\nIn the current week, the crypto total market rose to a Monday high $384.00bn before sliding to a Saturday low $338.56bn. At the time of writing, the total market cap stood at $351.70bn.\nBitcoin’s dominance fell to a Monday low 59.97% before rising to a Wednesday high 62.00%. At the time of writing, Bitcoin’s dominance stood at 61.27%.\nAt the time of writing, Bitcoin was down by 0.08% to $11,664.5. A mixed start to the day saw Bitcoin rise to an early morning high $11,694.5 before falling to a low $11,660.5.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBitcoin Cash ABC (+0.06%), Bitcoin Cash SV (+0.33%), and Cardano’s ADA (+0.07% found early support.\nIt was bearish for the rest of the majors, however.\nAt the time of writing, Tron’s TRX was down by 1.51% to lead the way down.\nBitcoin would need to avoid a fall through the pivot level at $11,578 to support a run at the first major resistance level at $11,787.\nSupport from the broader market would be needed, however, for Bitcoin to break out Saturday’s high $11,692.0.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,901 and resistance at $12,000.\nFailure to avoid a fall through the $11,578 pivot level would bring the first major support level at $11,465 into play.\nBarring an extended crypto sell-off, however, Bitcoin should avoid the second major support level at $11,256.\nIn the event of an extended sell-off, Bitcoin could test support at $11,000 before any recovery.\nThisarticlewas originally posted on FX Empire\n• Natural Gas Weekly Price Forecast – Natural Gas Markets Stall Ahead of Major Level\n• S&P 500 Price Forecast – Stock Markets Continue to Tread Water\n• The Crypto Daily – Movers and Shakers – August 22nd, 2020\n• USD/CAD Daily Forecast – Stuck Near 1.3200\n• U.S Mortgage Rates Rise Again but Remain at sub-3% Supporting Home Buyers\n• Gold Price Prediction – Prices Slip Falling 0.3% for the Week as the Dollar Turns Higher', 'Bitcoin, BTC to USD, rose by 1.24% on Saturday. Partially reversing a 2.81% loss from Friday, Bitcoin ended the day at $11,673.5. It was a bearish start to the day. Bitcoin slid to an early morning intraday low $11,369.5 before finding support. The reversal saw Bitcoin fall through the first major support level at $11,379.67 before rising to a late intraday high $11,692.0. Falling short of the first major resistance level at $11,783.67, Bitcoin wrapped up the day at sub-$11,700 levels. The near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day for the majors on Saturday. EOS (+3.48%), Tezos (+5.69%), and Tron’s TRX (+3.61%) led the way. Bitcoin Cash ABC (+2.30%), Litecoin (+2.08%), Monero’s XMR (+2.55%), Ripple’s XRP (+2.50%), and Stellar’s Lumen (+2.65%) also found strong support. Binance Coin (+0.59%), Bitcoin Cash SV (+0.36%), Cardano’s ADA (+1.68%), and Ethereum (+1.96%) trailed the front runners. In the current week, the crypto total market rose to a Monday high $384.00bn before sliding to a Saturday low $338.56bn. At the time of writing, the total market cap stood at $351.70bn. Bitcoin’s dominance fell to a Monday low 59.97% before rising to a Wednesday high 62.00%. At the time of writing, Bitcoin’s dominance stood at 61.27%. This Morning At the time of writing, Bitcoin was down by 0.08% to $11,664.5. A mixed start to the day saw Bitcoin rise to an early morning high $11,694.5 before falling to a low $11,660.5. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash ABC (+0.06%), Bitcoin Cash SV (+0.33%), and Cardano’s ADA (+0.07% found early support. It was bearish for the rest of the majors, however. Story continues At the time of writing, Tron’s TRX was down by 1.51% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $11,578 to support a run at the first major resistance level at $11,787. Support from the broader market would be needed, however, for Bitcoin to break out Saturday’s high $11,692.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,901 and resistance at $12,000. Failure to avoid a fall through the $11,578 pivot level would bring the first major support level at $11,465 into play. Barring an extended crypto sell-off, however, Bitcoin should avoid the second major support level at $11,256. In the event of an extended sell-off, Bitcoin could test support at $11,000 before any recovery. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Weekly Price Forecast – Natural Gas Markets Stall Ahead of Major Level S&P 500 Price Forecast – Stock Markets Continue to Tread Water The Crypto Daily – Movers and Shakers – August 22nd, 2020 USD/CAD Daily Forecast – Stuck Near 1.3200 U.S Mortgage Rates Rise Again but Remain at sub-3% Supporting Home Buyers Gold Price Prediction – Prices Slip Falling 0.3% for the Week as the Dollar Turns Higher', 'SINGAPORE, SINGAPORE / ACCESSWIRE / August 23, 2020 /PlotX, a non-custodial prediction market protocol has been launched on the Ethereum Kovan Testnet. Ideated by former Nexus Mutual and GovBlocks developers, PlotX is challenging the existing prediction market projects with it\'s novel automated and decentralised market making algorithm that allows for on-chain market creation, option pricing, settlement and reward distribution - without the need for any counterparty.\nOn August 4, the first application built on PlotX protocol was launched, allowing users to predict on the markets like "What will be the price of BTC/USDT in the next 1 hour". Apart from the 1 hour markets, 1 day and 1 week markets were also launched. The users with correct predictions earn peer-to-peer rewards.\nIn less than two weeks, over 131 users have placed market predictions using the PlotX dApp, with a strong community forming ahead of September\'s mainnet launch.\nDesigned for attracting high liquidity on event predictions, PlotX has been described as a Uniswap equivalent for prediction markets that taps into the network effects derived from innovations such as automated market making and liquidity mining.\nThe product of intensive open source development, PlotX was originally conceived by Ish Goel, former CTO at Nexus Mutual, Nitika Goel, former Nexus Mutual lead developer, Kartic Rakhra former co-founder at GovBlocks & Satheesh Ananthasubramanian, ex-Cognizant & BORN.\nInspired by the success of Nexus Mutual and GovBlocks, PlotX aims to follow a decentralized and pragmatic approach to governance with the community being involved in all governance decisions such as dispute resolution, addition of new types of markets, vertical expansion etc. Community members will be able to raise proposals and vote, with decisions being implemented automatically via smart contracts, all on the Ethereum blockchain.\nAbout PlotX\nPlotX (dubbed as the Uniswap of Prediction Markets) is a non-custodial protocol written using the Solidity language that can allow predictions for any price feed, with the ability to create markets, settle markets through third-party oracles and distribute rewards peer-to-peer on the Ethereum Blockchain. Markets once initiated are automatically created in intervals of 1h, 1d and 1w.\nThe PlotX smart contracts eradicate the counterparty risk in market creation & settlements. It also aims to solve the liquidity problem that has marred the growth of prediction market protocols in the past. Built on the foundation of strong on-chain governance and risk spread mechanism, PlotX provides an opportunity for users to use their skills in predicting the future value of any asset and develop the protocol to suit their prediction market ideas.\nFounded by former Nexus Mutual & GovBlocks developers, PlotX has the potential to disrupt the prediction market space in the DeFI ecosystem, winning on its simplicity and fun factor.\nFor more information seehttps://www.plotx.io/\nMedia Contact:\nDan [email protected]+972-545-464-238SOURCE: PlotX\nView source version on accesswire.com:https://www.accesswire.com/602890/Former-Nexus-Mutual-CTO-Launches-PlotX--a-Uniswap-for-Prediction-Markets', 'SINGAPORE, SINGAPORE / ACCESSWIRE / August 23, 2020 / PlotX, a non-custodial prediction market protocol has been launched on the Ethereum Kovan Testnet. Ideated by former Nexus Mutual **Last 60 Days of Bitcoin's Closing Prices:** [9313.61, 9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-23 **Financial & Commodity Data:** - Gold Closing Price: $1934.60 - Crude Oil Closing Price: $42.34 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $214,950,070,412 - Hash Rate: 132269332.31307696 - Transaction Count: 288728.0 - Unique Addresses: 569381.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.76 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Filing your taxes can be an annoyance, but it can become even more of a nuisance if you get audited by the IRS. Although the IRS is generally not beginning new audits until after the new July 15 tax filing and payment deadline, you could still be audited after the deadline has passed. Fortunately, your chances of being audited are small — only 0.5% of the tax returns filed in 2017 were audited, according to the latest IRS data. However, that small fraction still amounts to nearly 1 million tax filers getting audited, so it can happen if you’re not careful. So that you’re prepared, these are the red flags the IRSlooks out for when reviewing your tax returns. Last updated: July 2, 2020 “The IRS often identifies red flags through automated computer programs,” said Nate Smith, director in theCBIZ MHMNational Tax Office. “Almost all returns submitted to the IRS are analyzed by a computer program to search for an anomaly or a result that deviates from norms. Under this program, each return is assigned a score, which the IRS calls a ‘DIF’ (Discriminate Function) score. The DIF score is used by the IRS to identify returns for examination.” One factor that would negatively impact a DIF score is a charitable contribution deduction that is disproportionate with your overall amount of income, Smith said. Make sure the income you report matches exactly what it states on your Forms W-2 and 1099. Any mismatches are considered a red flag, Smith said. “The IRS sent around 10,000 letters last July to taxpayers who participated in virtual currency transactions — Bitcoin, etc. — and who did not report gains or losses involving virtual currency,” Smith said. “These letters offer taxpayers participation in a voluntary disclosure program if they find that virtual currency transactions were omitted from prior tax filings.” “The IRS is always on the lookout for both unreported income and high expenses,” said Dave Du Val, chief customer advocacy officer atTaxAudit. “Self-preparers should be cautious of accidental duplication of employee and business expenses, and of taking losses on activities that might be a hobby rather than a business activity.” Make the Right Moves:What Can I Write Off on My Taxes? “The IRS loves to pounce on people who report high itemized deductions,” Du Val said. “It’s fine to claim these legally allowable deductions for your actual qualifying expenses, but make sure you have your documentation on-hand to support your position before you file your tax return.” Du Val notes that 2017 was the last year that unreimbursed employee business expenses were allowed to be deducted on federal returns. “(However), many states — such as California — will still allow the deduction, so it’s still important to hold onto receipts,” he said. “Tax returns with what appears to be inflated rental expenses are frequently caught in the IRS net,” Du Val said. “Some of the deductions on the Schedule E for rental income, where the income and expenses for rentals are reported, can be easily misinterpreted. Those who prepare their own tax returns should take the time to understand the deductions they are claiming. Not knowing the difference between a deductible expense and one that must be capitalized over a number of years could result in a disaster in an audit. This is especially true if you rent a room(s) to a roommate, as ‘common-use’ areas are not allowed as rental areas.” When two people claim the same dependent, the IRS gets involved. “Although separated and divorced parents who have custody have the clear advantage, they still have to prove everything by providing birth certificates, school records and more,” Du Val said. Du Val said that those who file using the head of household filing status are often questioned because the way you categorize dependents with this status can be confusing. “The new tax reform bill has not made the rules any easier to understand; in fact, under the Tax Cuts and Jobs Act of 2017, there is a new $500 credit for what the IRS calls ‘qualifying relatives’ who are not necessarily people who are even related to you, but who meet certain tests and are not eligible for the child tax credit,” he said. If your expenses are high but the income you are reporting is not, this could be a red flag for the IRS. “For example, a taxpayer who claims a deduction for mortgage interest on a million-dollar mortgage (or the new $750,000 mortgage limit) and personal property taxes on expensive vehicles has a good chance of showing up on the IRS’s radar if their taxable income is not enough to pay these expenses,” Du Val said. A Schedule C for self-employment that reports just the “right ratio” of income and expenses to qualify the taxpayer for a large earned income credit is a red flag, Du Val said. “The available credit is as high as $6,557 for 2019 for a taxpayer whose income is below a certain threshold,” he said. “Taxpayers who claim EIC and whose returns include a Schedule C business form should be prepared to show proof of all expenses, and even income listed on the return.” Be Prepared:These Are the Receipts To Keep for Doing Your Taxes Some people who claim this deduction don’t actually qualify for it. “To be eligible the owner needs to have a contemporaneously written log showing that they have put in a minimum of 250 hours of non-investor type activity hours into the rentals,” Du Val said. “Examples do not include such activities as commuting to the rental, reviewing the records or preparing a tax return. Meeting this requirement does not automatically qualify a taxpayer to be considered a ‘real estate professional’ for tax purposes, or to exclude this income from the Net Investment Income Tax (NIIT) calculation.” The law requires Americans with foreign financial accounts to report accounts to the U.S. Treasury Department, even if they don’t generate any taxable income. The Bank Secrecy Act requires you to file a Report of Foreign Bank and Financial Accounts (FBAR) if you have financial interest in, signature authority or other authority over one or more accounts in a foreign country and the aggregate value of all foreign financial accounts exceeds $10,000 at any time during the calendar year, according to the IRS. Failure to report these accounts could land you in hot water with the IRS. If you don’t disclose overseas accounts, the IRS might find out about them anyway because foreign institutions are required to disclose account holdings by U.S. citizens, CNBC reported. Hopefully being aware of these red flags will prevent you from being audited — but if you do end up hearing from the IRS, here’s what to do to be prepared. To defend yourself during a tax audit, you’ll need documentation to back up what you claimed on your return. The documentation you will need will depend on what it is you’re being audited for but can include receipts, bills, canceled checks, employee documents, legal papers, loan agreements, trip logs, medical or dental records, theft or loss documents, business trip tickets or a Schedule K-1. The Taxpayer Advocate Service is an independent organization within the IRS that protects taxpayer rights and assists with tax-related problems. If you’re audited, you can contact the service for help. Most audits are conducted via correspondence, but if you do need to meet with an auditor in-person, consider hiring an attorney or another advocate to represent you. “The best thing to do if you’re subject to an IRS audit is to hire someone and authorize them to go to the audit,” said Paul Joseph, an attorney, CPA and founder of Joseph & Joseph, LLC. “Never go yourself. In fact, my clients don’t go at all. It is my position that I never let my clients come to an audit because they are expected to know all of the answers immediately. By not having the client attend the audit, they’ll have an opportunity to discuss and fully explain the return with the hired professional prior to giving a response to the IRS.” More From GOBankingRates • 100 Ways To Make Your Money Last Until You’re 100 • Here’s How Much Cash You Need Stashed If an Emergency Happens • 31 Hidden Ways You’re Bleeding Money Every Month • 21 Smartest Ways To Invest Your Money Right Now This article originally appeared onGOBankingRates.com:These Red Flags on Your 2019 Tax Return Could Spark Interest From the IRS... - Reddit Posts (Sample): [['u/A_solo_tripper', '[MegaThread] US IRS Cryptocurrency Letter Of 2020', 28, '2020-08-23 00:42', 'https://www.reddit.com/r/Bitcoin/comments/ies3la/megathread_us_irs_cryptocurrency_letter_of_2020/', "I just received a letter in the mail from the IRS stating that they are aware that I have crypto, and did not claim it yet. I'm sure others have received the same letter. So, if you want to post information here, you can. I thought that it would be better if we can choose the route in which to proceed all in one place. I am not suggesting that you do anything here. We can just share information, and thoughts.\n\nMy questions are what should be reported? Buying AND Selling? Report how much you bought them at? And Sold them AT? What If I didn't sell them? What if I misplaced them? Lost them? Sold them to a friend?\n\nWhat are our rights? \n\nSOrry if this is a repost. \n\n-------------------------------------\n\nArticle about how the IRS shouldn't be doing this:\n\nhttps://www.coindesk.com/irs-crypto-letter\n\nRead on how to buy bitcoin without kyc:\n\nhttps://keybase.pub/heady_wook/Wook_H_2020_How_to_buy_non_KYC_Bitcoin_with_a_US_Postal_Money_Order.pdf👇", 'https://www.reddit.com/r/Bitcoin/comments/ies3la/megathread_us_irs_cryptocurrency_letter_of_2020/', 'ies3la', [['u/Antonshka', 12, '2020-08-23 01:04', 'https://www.reddit.com/r/Bitcoin/comments/ies3la/megathread_us_irs_cryptocurrency_letter_of_2020/g2j1x6m/', 'Post the letter, I don’t know what you are talking about', 'ies3la'], ['u/Alh12984', 10, '2020-08-23 02:18', 'https://www.reddit.com/r/Bitcoin/comments/ies3la/megathread_us_irs_cryptocurrency_letter_of_2020/g2j9l7r/', 'My thoughts exactly. We get taxed on the money we earn, them buy stuff with that taxed money, only to be taxed a few more times.', 'ies3la'], ['u/_rofl-copter_', 13, '2020-08-23 02:23', 'https://www.reddit.com/r/Bitcoin/comments/ies3la/megathread_us_irs_cryptocurrency_letter_of_2020/g2ja47f/', 'No, you are supposed to report the antique sale as a capital gain, people just tend not to. If for example though you bought and resold antiques frequently (another common example might be comic books), the difference in your bought/sold prices are taxable and if the IRS knew about it and it was significant they would come after you.\n\n[https://www.investopedia.com/articles/personal-finance/061715/how-are-collectibles-taxed.asp](https://www.investopedia.com/articles/personal-finance/061715/how-are-collectibles-taxed.asp)', 'ies3la']]], ['u/atrueretard', 'What are your thoughts on the Coinbase IPO - the Bitcoin exchange.', 48, '2020-08-23 02:43', 'https://www.reddit.com/r/investing/comments/ietz9v/what_are_your_thoughts_on_the_coinbase_ipo_the/', 'Coinbase is a Bitcoin exchange. They offer a few shitcoins too, with room to expand to more shitcoins. They make most of their money off trading fees. Recently they started offering custody services which i think will be more popular with instituational investors since it defers the "i got hacked" risk. They are rapidly growing in trading volume and are currently the largest exchange, in both bitcoin\'s held (approx 900,000 BTC) and in USD/BTC trading volume currently $80 million dollars daily.\n\n​\n\nThe IPO is upcoming and expected to valued at $8 billion . So what are your thoughts? Is this like investing in TD Ameritade in the early days of the stock market?\n\n​\n\n​\n\n2017 Revenues = $1 billion\n\n2019 Revenues = $2 billion\n\nNumber of Employees 1,123', 'https://www.reddit.com/r/investing/comments/ietz9v/what_are_your_thoughts_on_the_coinbase_ipo_the/', 'ietz9v', [['u/Savik519', 17, '2020-08-23 02:57', 'https://www.reddit.com/r/investing/comments/ietz9v/what_are_your_thoughts_on_the_coinbase_ipo_the/g2jdp7m/', '>Is this like investing in TD Ameritade in the early days of the stock market?\n\n100% yes. \n\nWill they actually have an IPO? Last I read they were looking to direct listing instead.', 'ietz9v'], ['u/ja900', 17, '2020-08-23 03:06', 'https://www.reddit.com/r/investing/comments/ietz9v/what_are_your_thoughts_on_the_coinbase_ipo_the/g2jeodt/', "I'd rather own Square - the cash app has crypto trading.", 'ietz9v'], ['u/SupremelyRetardead', 13, '2020-08-23 05:19', 'https://www.reddit.com/r/investing/comments/ietz9v/what_are_your_thoughts_on_the_coinbase_ipo_the/g2jrq6s/', 'Personally, I dislike coin base. Their transfer time on usable funds is infuriating and unnecessarily long considering most trading apps are 2-3 days or offer instant buying power. They do however offer the most altcoins in the most straight forward way. Everything else I’ve read regarding their growth potential is exciting. So while I prefer to invest in crypto on Gemini I’ll likely buy shares once coinbase ipos', 'ietz9v'], ['u/drumboy256', 27, '2020-08-23 06:56', 'https://www.reddit.com/r/investing/comments/ietz9v/what_are_your_thoughts_on_the_coinbase_ipo_the/g2jzqed/', 'Fuck Brian Armstrong and his shitty views on selling out their entire user base to the United States government. That said, I will buy their stock .', 'ietz9v']]], ['u/fatalglory', "Tortuga: The lightweight, non-custodial, self-hosted payment gateway you've been waiting for!", 54, '2020-08-23 02:57', 'https://www.reddit.com/r/btc/comments/ieu6th/tortuga_the_lightweight_noncustodial_selfhosted/', 'I\'m very pleased to announce the availability of my payment-gateway project: ***Tortuga***.\n\nTortuga lets you sell a digital file for cryptocurrency. All you need to be able to do is run a docker container (I run mine on a little VPS from digital ocean).\n\n**Benefits:**\n\n* Totally non-custodial. Funds go directly to you.\n* Uses an xpub key, so every transaction goes to a new address (essential for privacy).\n* No need to share any personal information with anyone (in contrast to hosted solutions like BitPay or CoinGate).\n* No need to run your own full node in order to sell stuff (in contrast to BTCPayServer). Uses [rest.bitcoin.com](https://rest.bitcoin.com) and [blockchain.info](https://blockchain.info) to verify transactions.\n* A checkout link is just a url that looks like [https://yourwebsite/checkout/bitcoin-cash/your-product-code](https://yourwebsite/checkout/bitcoin-cash/your-product-code) . Include it as a link on *any* website. No need to run any specific CMS or eCommerce platform (e.g. wordpress/woocommerce).\n* Each buyer gets a unique download URL, which will work for a fixed number of downloads of the file.\n\n**Current Limitations:**\n\n* For now, Tortuga only supports selling digital files. There\'s no support for handling other types of products or services.\n* For now, orders are limited to a single product/file/download. Largely because that\'s all I needed for myself at the moment.\n\n**Supported cryptocurrencies:**\n\n* Bitcoin Cash (BCH) is supported natively.\n* Nano (NANO/XRB) is supported via BrainBlocks.\n* Monero (XMR) is in the works and coming soon.\n* Possibly BTC and DASH in the future.\n\nYou can read more about it at [https://github.com/unyieldinggrace/tortuga](https://github.com/unyieldinggrace/tortuga)\n\nThe deployment instructions on the github page should be sufficient for technical users. I\'ll try to make time to write a step-by-step setup tutorial on [read.cash](https://read.cash) at some stage (or if someone else wants to do it, that might be a good way to score tips!).\n\n**Motivation:**\n\nI made this payment gateway for idealistic reasons. I wrote a book called *Taxation is Slavery: The Biblical Case for Libertarian Politics*. Among many other things, this book argues that fiat money-printing is a form of immoral counterfeiting, and that we should attempt to secede from the fiat power structures by using cryptocurrency. To live that out, I was determined to find a way to sell the book directly to readers, completely peer-to-peer. In this way, I\'m helping to "close the loop". I\'m giving people something good to spend their (crypto) money on, without either them or me *ever* having to convert it to fiat.\n\nThe book also includes a brief sub-chapter on how the very existence of Bitcoin should force many Christians to re-evaluate the way they understand Jesus\' statement about "giving to Ceasar what is Caesar\'s". Bitcoin has no president or king\'s face on it. There is no engraving of any Caesar. Thinking this through might be of interest to many Bitcoin fans :)\n\n**Ready to see it in action?**\n\nYou can test out the payment gateway by seeing how I use it on my own site. Just click one of the crypto checkout buttons at [https://beingbiblical.com/books/taxation-is-slavery](https://beingbiblical.com/books/taxation-is-slavery)', 'https://www.reddit.com/r/btc/comments/ieu6th/tortuga_the_lightweight_noncustodial_selfhosted/', 'ieu6th', [['u/jonas_h', 11, '2020-08-23 03:12', 'https://www.reddit.com/r/btc/comments/ieu6th/tortuga_the_lightweight_noncustodial_selfhosted/g2jf81h/', 'Awesome work!', 'ieu6th'], ['u/MemoryDealers', 15, '2020-08-23 04:20', 'https://www.reddit.com/r/btc/comments/ieu6th/tortuga_the_lightweight_noncustodial_selfhosted/g2jlyo8/', 'This is fantastic! Someone should start selling digital gift cards this way.', 'ieu6th']]], ['u/atrueretard', 'What are your thoughts on the Coinbase IPO - the Bitcoin exchange.', 37, '2020-08-23 04:16', 'https://www.reddit.com/r/StockMarket/comments/ievb04/what_are_your_thoughts_on_the_coinbase_ipo_the/', ' Coinbase is a Bitcoin exchange. They offer a few shitcoins too, with room to expand to more shitcoins. They make most of their money off trading fees. Recently they started offering custody services which i think will be more popular with instituational investors since it defers the "i got hacked" risk. They are rapidly growing in trading volume and are currently the largest exchange, in both bitcoin\'s held (approx 900,000 BTC) and in USD/BTC trading volume currently $80 million dollars daily.\n\nThe IPO is upcoming and expected to valued at $8 billion . So what are your tho... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, slipped by 0.17% on Sunday. Following a 1.37% gain on Saturday, Bitcoin ended the week down by 2.19% to $11,663.0. It was a mixed start to the day. Bitcoin rose to an early morning high $11,709.0 before hitting reverse. Falling short of the first major resistance level at $11,787, Bitcoin slid to a late morning intraday low $11,538.0. Steering clear of the first major support level at $11,465, Bitcoin struck a late intraday high $11,736. Falling short of the first major resistance level at $11,787, Bitcoin fell back to $11,650 levels before finding support. The near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Sunday. Litecoin and Stellar’s Lumen rose by 0.53% and by 0.60% to buck the trend on the day. It was a bearish day for the rest of the majors. Cardano’s ADA (-3.17%), Monero’s XMR (-3.73%) and Tron’s TRX (-3.52%) led the way down. Binance Coin (-1.71%), Bitcoin Cash ABC (-1.12%), Bitcoin Cash SV (-1.57%), EOS (-1.36%), Ethereum (-1.23%), and Tezos (-1.85%) also struggled. Ripple’s XRP (-0.42%) saw modest losses on the day. For the week, it was a bearish for the majors, however. Tezos (-17.18%), EOS (-14.44%), Tron’s TRX (-13.82%), Bitcoin Cash SV (-13.10%), Cardano’s ADA (-12.59%), and Stellar’s Lumen (-10.86%) led the way down. Binance Coin (-7.18%), Bitcoin Cash ABC (-6.49%), Ethereum (-9.92%), Litecoin (-5.22%), and Ripple’s XRP (-6.52%) also struggled. Monero’s XMR fell by just 0.22%, however. In the week, the crypto total market rose to a Monday high $384.00bn before sliding to a Saturday low $338.58bn. At the time of writing, the total market cap stood at $349.94bn. Bitcoin’s dominance fell to a Monday low 59.97% before rising to a Wednesday high 62.00%. At the time of writing, Bitcoin’s dominance stood at 61.41%. Story continues This Morning At the time of writing, Bitcoin was down by 0.31% to $11,627.3. A bearish start to the day saw Bitcoin fall from an early morning high $11,667 to a low $11,605.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was also a bearish start to the day. At the time of writing, Stellar’s Lumen was down by 1.46% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $11,646 to support a run at the first major resistance level at $11,753. Support from the broader market would be needed, however, for Bitcoin to break out Sunday’s high $11,736.0. Barring an extended crypto rally, the first major resistance level and Sunday’s high would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,844 before any pullback. Failure to move through the $11,646 pivot level would bring the first major support level at $11,555 into play. Barring an extended crypto sell-off, however, Bitcoin should avoid sub-$11,500 and the second major support level at $11,448. In the event of an extended sell-off, Bitcoin could test the third major support level at $11,250 before any recovery. This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – Stats, Geopolitics, COVID-19, and the Jackson Hole in Focus European Equities: Futures Point Northwards, with no Stats in Focus Today Advanced Micro Devices Near All-Time High After Historic Breakout European Equities: A Week in Review – 22/08/20 Natural Gas Price Fundamental Daily Forecast – Focus Shifts to Potential Production Disruption The Weekly Wrap – Private Sector PMIs, Monetary Policy, and Geopolitics Drove the Majors', 'Bitcoin, BTC to USD, slipped by 0.17% on Sunday. Following a 1.37% gain on Saturday, Bitcoin ended the week down by 2.19% to $11,663.0.\nIt was a mixed start to the day. Bitcoin rose to an early morning high $11,709.0 before hitting reverse.\nFalling short of the first major resistance level at $11,787, Bitcoin slid to a late morning intraday low $11,538.0.\nSteering clear of the first major support level at $11,465, Bitcoin struck a late intraday high $11,736.\nFalling short of the first major resistance level at $11,787, Bitcoin fell back to $11,650 levels before finding support.\nThe near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day for the majors on Sunday.\nLitecoin and Stellar’s Lumen rose by 0.53% and by 0.60% to buck the trend on the day.\nIt was a bearish day for the rest of the majors.\nCardano’s ADA (-3.17%), Monero’s XMR (-3.73%) and Tron’s TRX (-3.52%) led the way down.\nBinance Coin (-1.71%), Bitcoin Cash ABC (-1.12%), Bitcoin Cash SV (-1.57%), EOS (-1.36%), Ethereum (-1.23%), and Tezos (-1.85%) also struggled.\nRipple’s XRP (-0.42%) saw modest losses on the day.\nFor the week, it was a bearish for the majors, however.\nTezos (-17.18%), EOS (-14.44%), Tron’s TRX (-13.82%), Bitcoin Cash SV (-13.10%), Cardano’s ADA (-12.59%), and Stellar’s Lumen (-10.86%) led the way down.\nBinance Coin (-7.18%), Bitcoin Cash ABC (-6.49%), Ethereum (-9.92%), Litecoin (-5.22%), and Ripple’s XRP (-6.52%) also struggled.\nMonero’s XMR fell by just 0.22%, however.\nIn the week, the crypto total market rose to a Monday high $384.00bn before sliding to a Saturday low $338.58bn. At the time of writing, the total market cap stood at $349.94bn.\nBitcoin’s dominance fell to a Monday low 59.97% before rising to a Wednesday high 62.00%. At the time of writing, Bitcoin’s dominance stood at 61.41%.\nAt the time of writing, Bitcoin was down by 0.31% to $11,627.3. A bearish start to the day saw Bitcoin fall from an early morning high $11,667 to a low $11,605.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was also a bearish start to the day.\nAt the time of writing, Stellar’s Lumen was down by 1.46% to lead the way down.\nBitcoin would need to move through the pivot level at $11,646 to support a run at the first major resistance level at $11,753.\nSupport from the broader market would be needed, however, for Bitcoin to break out Sunday’s high $11,736.0.\nBarring an extended crypto rally, the first major resistance level and Sunday’s high would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,844 before any pullback.\nFailure to move through the $11,646 pivot level would bring the first major support level at $11,555 into play.\nBarring an extended crypto sell-off, however, Bitcoin should avoid sub-$11,500 and the second major support level at $11,448.\nIn the event of an extended sell-off, Bitcoin could test the third major support level at $11,250 before any recovery.\nThisarticlewas originally posted on FX Empire\n• The Week Ahead – Stats, Geopolitics, COVID-19, and the Jackson Hole in Focus\n• European Equities: Futures Point Northwards, with no Stats in Focus Today\n• Advanced Micro Devices Near All-Time High After Historic Breakout\n• European Equities: A Week in Review – 22/08/20\n• Natural Gas Price Fundamental Daily Forecast – Focus Shifts to Potential Production Disruption\n• The Weekly Wrap – Private Sector PMIs, Monetary Policy, and Geopolitics Drove the Majors', 'It’s was a quiet start to the day on theeconomic calendarthis morning. \xa0The Kiwi Dollar was in action in the early part of the day.\nAway from the economic calendar, risk appetite picked up on news that the U.S FDA approved the use of blood plasma from recovered patients to treat COVID-19.\nEffective COVID-19 treatment would ease the effects of the persistent spread of the virus on the global economy.\nRetail sales tumbled by 14.6% in the 2ndquarter, following a 1.20% decline in the 1stquarter. For the quarter, core retail sales slid by 13.7%. In the 1stquarter, core retail sales had risen by 0.60%.\nAccording toNZ Stats,\n• Spending on eating out, accommodation away from home, vehicles, and fuel fell sharply in the June 2020 quarter compared with the June 2019 quarter.\n• A strong rise in supermarket and grocery sales partly offset the slump.\n• COVID-19 restrictions led to the marked decline in retail sales in the quarter. Non-essential businesses had been temporarily closed for close to half of the 2nd\nLooking at the numbers,\n• Sales for food and beverage services slumped by 40%, with fuel retailing sliding by 35%.\n• Accommodation services slid by 44%, with motor vehicles and parts retailing down by 22%.\n• Supermarket and grocery store sales jumped by 12% off the back of a record 13% rise in the March 2020 quarter.\nThe Kiwi Dollar moved from $0.65394 to $0.65434 upon release of the figures. At the time of writing, theKiwi Dollarwas up by 0.08% to $0.6546.\nAt the time of writing, theJapanese Yenwas up by 0.08% ¥105.72 against the U.S Dollar, with theAussie Dollarup by 0.18% to $0.7174.\nIt’s a particularly quiet day ahead on theeconomic calendar. There are no material stats to provide the EUR with direction.\nFollowing last week’s ECB monetary policy meeting minutes and private sector PMIs, the EUR could be under pressure today.\nGeopolitics will be in focus, with the markets tracking chatter from Beijing and Washington and updates on Brexit.\nAt the time of writing, theEURwas up by 0.06% to $1.1804.\nIt’s also a particularly quiet day ahead on theeconomic calendar. There are no material stats to provide the Pound with direction.\nA lack of stats will leave the Pound in the hands of Brexit, the latest COVID-19 numbers, and geopolitical risk.\nWe’ve seen the Eurozone economic recovery come undone due to fresh spikes in COVID-19 cases. Expect the same for the UK should new cases spike, which would be negative for the Pound **Last 60 Days of Bitcoin's Closing Prices:** [9264.81, 9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-24 **Financial & Commodity Data:** - Gold Closing Price: $1927.70 - Crude Oil Closing Price: $42.62 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $214,950,070,412 - Hash Rate: 128441437.17505692 - Transaction Count: 329133.0 - Unique Addresses: 674821.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.78 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Divisive crypto industry businessman Craig Wright is heading to a jury trial in a case that revolves around billions of dollars inbitcoin. The move to trial comes after the legal team for the estate of David Kleiman, Wright’s deceased former business partner, was denied an omnibus motion filed in May attempting to sanction Wright over his alleged misbehavior. “According to Plaintiffs [Ira Kleimanet al.], throughout the litigation Defendant [Craig Wright] has engaged in a sustained pattern of perjury, forged evidence, misleading filings and obstruction,” according to acourt orderfiled Wednesday. Related:Telegram Agrees to Pay $18.5M Penalty in SEC Settlement Over Failed TON Offering See also:Judge ‘Puzzled’ by Craig Wright’s Objections to Producing Evidence of Over 1.1M Bitcoin Judge Beth Bloom of the District Court in the Southern District of Florida, while concerned by the facts of the allegations, ruled in favor of Wright to dismiss the motion, saying the matter was best left “for a jury to make as fact finder at trial.” “The Court … exercises its discretion and declines to impose Plaintiffs’ suggested alternative lesser sanctions,” Judge Bloom said. In response to Kleiman’s omnibus motion, Wright had responded with his own motion citing an expert witness, a psychologist who had diagnosed him with autism. Related:Ex-Bitcoin Dev Settles Defamation Suit Over Sex Assault Claims “[D]r. Ami Klin, a licensed clinical psychologist who has studied Autism Spectrum Disorder for more than 35 years, … will testify that he has diagnosed Dr. Wright with Autism Spectrum Disorder with high intellectual skills,” Wright’s response,hosted by court listener, says. Judge Bloom commented that “[A]s Plaintiffs note, Defendant’s testimony has been glaringly inconsistent at numerous junctures. Defendant, however, stresses that he has been diagnosed as being on the autism spectrum, and thus his testimony needs to be evaluated in that light.” Citing the need to meet a “clear and convincing evidence standard,” Bloom said “Plaintiffs have not carried their burden to show that default sanctions are appropriate.” The court had previously threatened to sanction Wright if he did not produce a list of his bitcoin holdings. However, the judge said he has since “purportedly” done so. See also:Craig Wright Called ‘Fraud’ in Message Signed With Bitcoin Addresses He Claims to Own As such, the motion was denied by Judge Bloom, making way for the case to go to trial by jury. Craig Wrightcontroversially claims he is the creator ofbitcoin, but he has not made public convincing evidence to back up the claim and has faced allegations of fraud, which he contests. The ongoing Kleiman court case revolves around the ownership of a 1.1 millionbitcoin fortuneworth an estimated $10.2 billion that he has claimed is locked up in an encrypted trust. The trove of bitcoin was allegedly mined by Wright with Kleiman in the early days of bitcoin. The Kleiman estate, represented by Ira Klaiman, is suing Wright for half the bitcoin as well as intellectual property. See the full court court order in detail below: • Kleiman Bitcoin Case Heads to Trial as Motion for Sanctions Against Craig Wright Is Denied • Kleiman Bitcoin Case Heads to Trial as Motion for Sanctions Against Craig Wright Is Denied... - Reddit Posts (Sample): [['u/Andres6936', 'New library based on Libtcod 1.5.1', 28, '2020-08-24 00:09', 'https://www.reddit.com/r/roguelikedev/comments/ifcgps/new_library_based_on_libtcod_151/', "Some time ago I started a fork of **Libtcod 1.5.1**, the reason that led me to take such action was the current state of the project (**Libtcod**), where it stopped the implementation of new algorithms and features in C + +, also, reading the source code of **Libtcod**, I saw that it was especially confusing and that there were many areas where it could improve.\n\nThis new library (*named* [Doryen](https://github.com/Andres6936/Doryen)) will improve those aspects that in my opinion prevent **Libtcod** from receiving more support.\n\nI have refactored the code and restructured the code, and used C++17 as a basis for cleaning up the code.\n\nDoryen's current status has changed a lot from **Libtcod**, and he didn't look for compatibility with Libtcod, but rather followed its principles of simplicity and ease of use.\n\nI still consider that there is work to be done in **Doryen**, but it doesn't mean that it is incomplete, at the moment this new library offers what is necessary to program a new Roguelike *(Input/Output, Events \\[Keyboard, Mouse\\], Pathfinding, Image Processing)*.\n\nSoon, I will make a wiki with a tutorial on how to do a Roguelike using Doryen. While this moment arrives, I would be happy to receive feedback from you.\n\nThank you very much.", 'https://www.reddit.com/r/roguelikedev/comments/ifcgps/new_library_based_on_libtcod_151/', 'ifcgps', [['u/aotdev', 15, '2020-08-24 00:19', 'https://www.reddit.com/r/roguelikedev/comments/ifcgps/new_library_based_on_libtcod_151/g2mqfam/', 'You *are* aware that libtcod *was* [Doryen](http://www.roguebasin.roguelikedevelopment.org/index.php?title=Libtcod) before it took the name libtcod, right??\n\nCool though, the more C++ goods the merrier :)', 'ifcgps'], ['u/Kyzrati', 14, '2020-08-24 00:47', 'https://www.reddit.com/r/roguelikedev/comments/ifcgps/new_library_based_on_libtcod_151/g2mtmx9/', 'Does seem like it\'d be better to pick a less confusion-prone name in the first place, considering many of us have known a different established meaning of "Doryen" for years now.', 'ifcgps']]], ['u/wmredditor', 'If 20% of people in the world woke up today to understand how dangerous inflation is, Bitcoin would be worth $1M tomorrow', 98, '2020-08-24 00:57', 'https://www.reddit.com/r/Bitcoin/comments/ifd9eb/if_20_of_people_in_the_world_woke_up_today_to/', ' The good thing is, only 1% of that number will be enough to get Bitcoin above $50k. Betting against a $50k Bitcoin price in the future is the same as betting that the whole world will remain ignorant forever :)', 'https://www.reddit.com/r/Bitcoin/comments/ifd9eb/if_20_of_people_in_the_world_woke_up_today_to/', 'ifd9eb', [['u/Brettanomyces78', 11, '2020-08-24 01:14', 'https://www.reddit.com/r/Bitcoin/comments/ifd9eb/if_20_of_people_in_the_world_woke_up_today_to/g2mwlof/', 'Maybe this is just phrased oddly, but are you suggesting the 9/11 attack wasn\'t "legit," whatever that means?', 'ifd9eb'], ['u/Brettanomyces78', 54, '2020-08-24 01:15', 'https://www.reddit.com/r/Bitcoin/comments/ifd9eb/if_20_of_people_in_the_world_woke_up_today_to/g2mwq68/', "People understand inflation. That's why they pump money (medium to long term savings) into stocks, bonds, precious metals, real estate, and so on.", 'ifd9eb'], ['u/Revjym', 12, '2020-08-24 02:14', 'https://www.reddit.com/r/Bitcoin/comments/ifd9eb/if_20_of_people_in_the_world_woke_up_today_to/g2n31ym/', '99% of the world doesn’t have enough money to invest in anything and live paycheck to paycheck. All these hopium scenarios never take this into account. \nEven more BS than the “there is XX amount of millionaires in the word, and if......” folklore.', 'ifd9eb'], ['u/wwmore11', 12, '2020-08-24 03:01', 'https://www.reddit.com/r/Bitcoin/comments/ifd9eb/if_20_of_people_in_the_world_woke_up_today_to/g2n85a9/', 'Read up on Modern Monetary Theory. Unfortunately inflation doesn’t seem to have the psychologically imperative effect of the past anymore. As long as the USD is held as 60% global reserve currency inflation and domestic debt seem to be arbitrary. The money printing is simply creating further wealth gap disparity. I don’t necessarily agree with the principles of MMT, but for now the Fed seems to still reign as king. Guess we’ll see if that changes. This is one of the main reasons for the argument that digital gold is simply not enough for bitcoin. We need transactional adoption rate to skyrocket for utilitarian value. Digital gold helps in premise, but it’s not taking BTC to a million, not a chance.', 'ifd9eb'], ['u/Brettanomyces78', 13, '2020-08-24 03:50', 'https://www.reddit.com/r/Bitcoin/comments/ifd9eb/if_20_of_people_in_the_world_woke_up_today_to/g2nd6yv/', "For short term spending, it's necessary. Obviously no one sits on piles of cash for years unless they're ignorant or are waiting for some kind of specific opportunity.", 'ifd9eb'], ['u/iiJokerzace', 10, '2020-08-24 04:36', 'https://www.reddit.com/r/Bitcoin/comments/ifd9eb/if_20_of_people_in_the_world_woke_up_today_to/g2nhz4v/', "It's more than that. Pretty much every one I know thinks investing is also gambling. Even less don't know what a 401k even is or how it works other than magic money later on. \n\nPeople save cash *waaaaay* more than you guys realize. By the hundreds of thousands and for years even. The less money they have, the more they will save cash.", 'ifd9eb'], ['u/Glugstar', 13, '2020-08-24 11:28', 'https://www.reddit.com/r/Bitcoin/comments/ifd9eb/if_20_of_people_in_the_world_woke_up_today_to/g2oc84r/', "But relatively few people do that or know they even *can* do that. I met people who were surprised when I told them they can participate too. They thought that you needed a lot of money (like millions) to be able to invest.\n\nMost people have *no idea* what inflation is or why it's important.", 'ifd9eb']]], ['u/satsthestandard', 'Bitcoin made me feel depressed.', 35, '2020-08-24 03:50', 'https://www.reddit.com/r/Bitcoin/comments/iffzns/bitcoin_made_me_feel_depressed/', 'Learning more about why bitcoin was invented what it aims to solve made me feel depressed. Okay maybe not depressed, just very upset. Like knowing the reality of the current system, that were all slaves of it.\n\nTfw you wanna like start a revolution or something, like wtf. It\'s very eye openning it feels like much of my life questions is answered , and that the "bitcoin fixes this" idea is making more sense day by day. \n\nI am tho happy that bitcoin exists, but also fear it\'s possibility of failure. That the bad guys could prevail eventually. A full totalitarian government controlling societies, where individual\'s thinking is centrally planned. \n\nI think it\'s more depressing cause I dont have someone I know personally that shares my views. Most of em worships the government overlords. Thinking that more governments are the solution to everything. \n\nNot sure what to do next really, I do stack regularly but other than that idk. I got into the deep dark depressing part of the rabbit whole. I hope bitcoin, the ideologies that supports it, succeeds and prevails in the end, for world peace and prosperity..', 'https://www.reddit.com/r/Bitcoin/comments/iffzns/bitcoin_made_me_feel_depressed/', 'iffzns', [['u/ElephantGlue', 14, '2020-08-24 04:21', 'https://www.reddit.com/r/Bitcoin/comments/iffzns/bitcoin_made_me_feel_depressed/g2ngieo/', 'Stop with the whole “I hope bitcoin succeeds” bullshit. By every metric it IS succeeding.', 'iffzns'], ['u/VanGleason', 11, '2020-08-24 04:24', 'https://www.reddit.com/r/Bitcoin/comments/iffzns/bitcoin_made_me_feel_depressed/g2ngtrb/', 'I assure you that millions of us feel the same or very similar to the way you feel. You are not alone.', 'iffzns'], ['u/VanGleason', 34, '2020-08-24 04:27', 'https://www.reddit.com/r/Bitcoin/comments/iffzns/bitcoin_made_me_feel_depressed/g2nh1ks/', 'Just think how much more depressing things would be without Bitcoin. It is a beacon if truth and light in a shadowy world.', 'iffzns'], ['u/Mark_Bear', 10, '2020-08-24 04:41', 'https://www.reddit.com/r/Bitcoin/comments/iffzns/bitcoin_made_me_feel_depressed/g2nih4m/', 'I know how it feels. I learned the truth first. Years later I discovered Bitcoin.', 'iffzns']]], ['u/[deleted]', 'Are you still a practicing Catholic?', 17, '2020-08-24 04:07', 'https://www.reddit.com/r/LGBTCatholic/comments/ifg9jo/are_you_still_a_practicing_catholic/', 'Are those of you on this LGBTCatholic forum still practicing Catholics? Do you still go to Mass? Do you still believe in God?', 'https://www.reddit.com/r/LGBTCatholic/comments/ifg9jo/are_you_still_a_practicing_catholic/', 'ifg9jo', [['u/dignifiedhowl', 11, '2020-08-24 04:16', 'https://www.reddit.com/r/LGBTCatholic/comments/ifg9jo/are_you_still_a_practicing_catholic/g2nfy8y/', 'Yes, yes, and yes. I’m actually increasing my prayer practice; trying to incorporate the Liturgy of the Hours into my daily routine.', 'ifg9jo']]], ['u/Sea_Register', '(ex)Catholics?', 102, '2020-08-24 04:25', 'https://www.reddit.com/r/AskGaybrosOver30/comments/ifgj53/excatholics/', 'Hi All,\n\nI\'m a former Roman Catholic who was very active in the Church prior to coming out. The Church\'s homophobic sexual teachings and generally repressive attitude toward sex fed off my own internalized homophobia from childhood and were super toxic for me.\n\nAs someone who was really engaged in Catholic stuff, and still lurks in Catholic subreddits out of a morbid curiosity , I see a lot of confused and questioning queer young people wandering through, asking for advice from the catholic masses. The responses they get are very uniform: "we love gay people, but your orientation/identity is deeply disordered, and you have to be celibate for life; by the way you should pray more and offer up your suffering to God as a sacrifice". People are then directed to du... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Decentralized finance (DeFi) credit market Aave has pulled ahead of stablecoin mint MakerDAO for the title of most collateral staked on Ethereum, according to DeFi Pulse . Aave now has $1.47 billion worth of different crypto assets staked for credit lines, while MakerDAO has $1.45 billion in total value locked (TVL). “Reaching the highest TVL was possible due to the wide range of developers building on top of Aave who are expressing their innovation in DeFi,” Stani Kulechov, Aave CEO, told CoinDesk. “This innovation has sparked interest from institutions [that] are now dipping their toes into Aave.” Related: First Mover: Ether Price Swings Make Bitcoin Look Tame as DeFi Speculation Spreads Read more: What Is Yield Farming? The Rocket Fuel of DeFi, Explained This is only the second time a project has had more “total value locked” (TVL) than MakerDAO, as measured by DeFi Pulse. On June 20, fueled by a yield farming rush spurred on by the initial distribution of its governance token COMP, Compound took the lead for collateral locked up until late July. For context, though, when MakerDAO and Compound switched positions, each had about $480 million in TVL. MakerDAO now has well over twice the collateral locked up as it had then. In the recent surge of interest in DeFi, four projects have now broken $1 billion in assets as measured by DeFi Pulse at different times: MakerDAO, Compound, Aave and Curve. Fertile soil Related: DeFi Aggregator Bella Protocol Announces $4M Seed Round Founded as EthLend, Aave was conceived as a peer-to-peer crypto lender, funded by a 2017 initial coin offering that raised $16.2 million, according to Messari . It later pivoted to the pooled lending approach it uses today. With creative new communities of yield farmers coming up with wild schemes , Aave has proven to be a key financial backbone of some projects, as Devin Walsh of CoinFund explained to CoinDesk. In particular, she noted that Curve and Yearn Finance rely on Aave. “Stablecoin deposits into either of those protocols will ultimately be deposited into Aave’s money markets. Both Yearn and Curve’s yield farming programs have contributed to the massive spike in TVL over the past few weeks and in particular over the past week,” she wrote in an email. Story continues Read more: Five Years In, DeFi Now Defines Ethereum Another relevant project is Opium, which announced Saturday it had created a credit default swap (CDS) on the Aave protocol. A CDS is a type of contract that insures the buyer against a third party defaulting on a loan. These instruments are best known for their role in the 2008 financial crisis , though they arguably provide markets an early warning signal of credit problems. Aave has announced a governance token distribution plan, but it has not yet taken effect. So while liquidity mining is coming to the protocol, it’s not driving the current surge. Related Stories Aave Becomes Second DeFi Project to Overtake MakerDAO for Most Crypto Deposited Aave Becomes Second DeFi Project to Overtake MakerDAO for Most Crypto Deposited', 'Decentralized finance (DeFi) credit market Aave has pulled ahead of stablecoin mint MakerDAO for the title of most collateral staked on Ethereum, accordingto DeFi Pulse.\nAave now has $1.47 billion worth of different crypto assets staked for credit lines, while MakerDAO has $1.45 billion in total value locked (TVL).\n“Reaching the highest TVL was possible due to the wide range of developers building on top of Aave who are expressing their innovation in DeFi,” Stani Kulechov, Aave CEO, told CoinDesk. “This innovation has sparked interest from institutions [that] are now dipping their toes into Aave.”\nRelated:First Mover: Ether Price Swings Make Bitcoin Look Tame as DeFi Speculation Spreads\nRead more:What Is Yield Farming? The Rocket Fuel of DeFi, Explained\nThis is only the second time a project has had more “total value locked” (TVL) than MakerDAO, as measured by DeFi Pulse. On June 20, fueled by a yield farming rush spurred on by the initial distribution of its governance token COMP, Compound took the lead for collateral locked up until late July.\nFor context, though, when MakerDAO and Compound switched positions, each had about $480 million in TVL. MakerDAO now has well over twice the collateral locked up as it had then.\nIn the recent surge of interest in DeFi, four projects have now broken $1 billion in assets as measured by DeFi Pulse at different times: MakerDAO, Compound, Aave and Curve.\nRelated:DeFi Aggregator Bella Protocol Announces $4M Seed Round\nFounded as EthLend, Aave was conceived as a peer-to-peer crypto lender, funded by a 2017 initial coin offering that raised $16.2 million, accordingto Messari. It later pivoted to the pooled lending approach it uses today.\nWith creativenew communitiesof yield farmers coming up withwild schemes, Aave has proven to be a key financial backbone of some projects, as Devin Walsh of CoinFund explained to CoinDesk.\nIn particular, she noted that Curve and Yearn Finance rely on Aave. “Stablecoin deposits into either of those protocols will ultimately be deposited into Aave’s money markets. Both Yearn and Curve’s yield farming programs have contributed to the massive spike in TVL over the past few weeks and in particular over the past week,” she wrote in an email.\nRead more:Five Years In, DeFi Now Defines Ethereum\nAnother relevant project is Opium, which announced Saturday it had created acredit default swap (CDS)on the Aave protocol. A CDS is a type of contract that insures the buyer against a third party defaulting on a loan. These instruments are best known for theirrole in the 2008 financial crisis, though they arguably provide markets anearly warning signalof credit problems.\nAave has announceda governance token distributionplan, but it has not yet taken effect. So while liquidity mining is coming to the protocol, it’s not driving the current surge.\n• Aave Becomes Second DeFi Project to Overtake MakerDAO for Most Crypto Deposited\n• Aave Becomes Second DeFi Project to Overtake MakerDAO for Most Crypto Deposited', 'The explosive growth of decentralized finance, or DeFi, on the Ethereum blockchain has brought unwanted attention to the recent surge in congestion on the network, with a resulting jump in transaction fees.\nThere’s another consequence for crypto traders: Rising volatility in prices forether, the blockchain’s native cryptocurrency. That’s especially true when ether’s volatility is compared with that ofbitcoin.\nYou’re readingFirst Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team and edited by Bradley Keoun, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you don’t have to. You cansubscribe here.\nRelated:Market Wrap: Bitcoin Dips to $11.1K; Ether Mining Difficulty at Year High\nThe three-month spread between ether’s implied volatility and bitcoin’s has increased to 29%, the highest in six months, according to data source Skew. As recently as June 28, the spread was as low of -2.8%, meaning bitcoin had the higher implied volatility at that point.\nVolatility often carries a negative\xa0connotation because traders often consider it a barometer of risk. In this case the rising spread appears to\xa0indicate\xa0a wide range of expectations in how\xa0DeFi might ultimately affect usage of the Ethereum network and demand for the ether.\n“Ether’s\xa0rising volatility\xa0is a byproduct of its own success,”\xa0Denis Vinokourov, head of research at Bequant, a London-based cryptocurrency exchange and institutional brokerage, said in a Telegram chat.\xa0\xa0“Success comes with risks, the need to hedge.”\nImplied volatility represents the market’s expectations of how volatile or risky an asset would be over a specific period. It’s not necessarily bullish or bearish: Heightened implied volatility simply means that\xa0future price swings might lie ahead.\nRelated:Forthcoming Yield Farming Project Dispenses With Governance\n“Investors are focused on DeFi and mindful of a potential big move in ETH,” Emmanuel Goh, CEO of the crypto-derivatives data firm Skew, told CoinDesk in a Telegram chat.\nDeFi\xa0tokens have been among the hottest performers in cryptocurrency markets this year, with\xa0steep rallies in\xa0Chainlink’sLINKand the\xa0Kyber Network’s KNC.\xa0The open-source lending protocol Aave’s LEND token has risen\xa0more than 30-fold.\nThe Ethereum\xa0network’s recent spell of congestion has pushed\xa0the average transaction fee to record highs above $6.\nThe heightened volatility expectations might also be an indication of how volatile prices have been this year for ether itself. The second-largest cryptocurrency has tripled, gaining on bitcoin, which is up a respectable 64%.\nDemand for options, or the need to hedge, tends to pick up with price rallies and major fundamental developments, and\xa0implied volatilities are primarily driven by the net buying pressure for options contracts like price calls and puts.\nThis is what success looks like right now for Ethereum.\n– Omkar Godbole, Markets Reporter\nDespite the recent pullback in bitcoin prices, analysts are still bullish in the long term, with Federal Reserve Chair Jerome Powell expected to bolster inflation expectations in a highly anticipated speech Thursday.\n• “Powell has previously stated that he doesn’t think inflation is a significant risk and is prepared to see it overshoot to meet his objectives,” Charlie Morris, chief investment officer at ByteTree Asset Management, told CoinDesk in a WhatsApp chat.\n• “The major impact for crypto out of this symposium would be a change in monetary policy and further depreciation of the dollar, which could propel bitcoin higher,” said Matthew Dibb, co-founder of Stack.\n• Multiple rejections above $12,000 seen over the past three weeks have put brakes on the rally fro **Last 60 Days of Bitcoin's Closing Prices:** [9162.92, 9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-25 **Financial & Commodity Data:** - Gold Closing Price: $1911.80 - Crude Oil Closing Price: $43.35 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $214,403,967,900 - Hash Rate: 111720008.69546376 - Transaction Count: 304409.0 - Unique Addresses: 678008.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: H1 2020 Highlights More than 4 million options contracts traded daily in the first half of 2020 Options liquidity continues to deepen during overnight hours. In H1, options volume during Asian Trading Hours rose 42% YoY, while volumes during European Trading Hours rose 9% YoY. Unprecedented volatility drove numerous trading record in Q1 ( Read our Q1 report ) H1 2020 By Asset Class ASSET CLASS H1 ADV ADV YOY % GLOBEX OPEN INTEREST Total Options 4,114,606 -4% 77% 56,548,905 Interest Rates 2,633,714 -13% 70% 42,021,203 Equity Index 823,018 +33% 97% 3,225,466 Energy 311,838 +29% 63% 6,399,165 Agricultural 216,795 -27% 94% 2,915,089 Metals 81,798 +17% 79% 1,342,812 FX 47,444 -14% 99% 645,170 Open interest as of June 30, 2020 H1 2020 Most Actively Traded Options PRODUCT PRODUCT GROUP PRIMARY SYMBOL H1 ADV % YOY GLOBEX % OPEN INTEREST Eurodollars Interest Rates GE 1,679,621 -15% 60% 38,015,162 E-mini S&P 500 Equity Index ES 781,776 37% 100% 2,982,597 10-Year Note Interest Rates OZN 623,541 -3% 87% 2,220,660 5-Year Note Interest Rates OZF 187,954 -18% 88% 1,099,707 WTI Crude Oil Energy LO 172,871 12% 72% 3,312,390 Natural Gas Energy LN 131,646 69% 53% 2,760,984 T-Bond Interest Rates OZB 127,359 -5% 90% 541,485 Corn Agriculture OZC 81,392 -45% 94% 1,179,170 Gold Metals OG 69,556 17% 78% 1,218,634 Soybeans Agriculture OZS 48,408 -20% 95% 578,744 Chicago SRW Wheat Agriculture OZW 30,986 -13% 94% 266,838 Standard S&P 500 Equity Index SP 22,204 -33% 1% 134,638 EUR/USD FX EUU 21,158 -19% 99% 276,500 E-mini NASDAQ-100 Equity Index NQ 15,760 58% 100% 78,811 2-Year Note Interest Rates OZT 14,912 -39% 85% 143,626 Lean Hogs Agriculture HE 14,711 -18% 98% 199,965 Live Cattle Agriculture LE 12,429 24% 96% 190,972 JPY/USD FX JPU 10,557 3% 98% 120,356 Soybean Meal Agriculture OZM 9,788 23% 92% 127,214 Silver Metals SO 9,466 42% 90% 102,088 Soybean Oil Agriculture OZL 8,579 58% 86% 85,922 AUD/USD FX ADU 5,479 9% 99% 66,057 GBP/USD FX GPU 5,467 -36% 98% 101,247 KC HRW Wheat Agriculture OKE 4,642 0% 93% 46,337 Brent Crude Oil Energy BZO 4,576 -40% 19% 151,355 CAD/USD FX CAU 4,430 -14% 100% 73,509 E-mini Russell 2000 options Equity Index RTO 2,976 47% 100% 24,320 Class III Milk Agriculture DC 2,555 41% 99% 106,648 Copper Metals HX 2,466 -18% 64% 12,621 Data as of June 30, 2020 and reflects all expires in a given product (10-Year note data includes Quarterly/Serial and Friday and Wednesday Weeklies) Story continues H1 2020 News And Highlights Rates Eurodollar options remained the most actively traded options product, averaging nearly 1.7M contracts/day in H1 Treasury options averaged over 953K contracts/day in H1 Use of Committed Cross in Eurodollar options has grown significantly. On July 27, CME Group will implement enhancements to committed cross for Interest rate options, including an enhanced Better Price and Volume match and an increase in the BPVM percentage to 45% from 35% ( View SER for details ) Options on 1-Month and 3-Month SOFR futures launched and have seen active quoting and 800+ contracts traded. Equities Sustained volatility in equity markets drove a 33% rise in Equity options trading volumes in H1 E-mini S&P 500 options volumes rose 37% YoY and were the second most actively traded product E-mini Nasdaq-100 options +33% YoY, E-mini Russell 2000 options +47% YoY Bitcoin options continue to see growing volumes Energy A record 20% of WTI options (LO) volume has traded outside of US hours in 2020, up from 16% in 2019 Natural Gas financial options (LN) volume is up 70% YTD with an ADV of 117,000 WTI Calendar Spread Options volume is up 15% YTD with an ADV of 16,000 Nat Gas Calendar Spread Options volume is up 167% YTD with an ADV of over 7,000 A record 55% of total Energy options on-screen volume has traded as an RFQ strategy YTD, up from the 2019 record of 52% Agriculture The Dairy complex has experienced unprecedented volatility and price action recently, with open interest hitting record highs. Block Cheese options were launched on January 13, adding a seventh option product to the complex and have quickly built up close to 4,000 contracts of OI. Class III Milk options hit multiple volume records throughout June, the largest occurring on June 26 with 16,341 contracts changing hands. June implied volatility for Soybeans and Soybean meal are at historical lows, looking back to 2007. This also marks the second time implied volatility of Soybean Oil is higher than Soybeans and Soybean Meal. August Lean Hogs is at a historical high implied volatility due to ongoing African Swine Flu (ASF) and Covid-19 concerns. Metals Gold options volumes rose 14% YoY, led by deepening liquidity in weekly Gold options which saw a 47% jump in trading activity Silver options volume jumped 39% YoY FX Since launched in February, Monday weekly FX options have traded over 86K contracts. Monthly ADV reached a new high of 1,500 contracts/day in June, with open interest hitting 18.6K contracts on June 12. NEW ‘Big Ticket’ discounts: Trading FX Options at CME Group has never been more capital-efficient with a new 50% fee reduction on all large trades (250 contracts for G6) however executed – Globex, Block or Pit. View the details Read: FX options – A capital-efficient, Low-cost proxy for OTC options Featured Tools From QuikStrike MOST POPULAR : QuikStrike Essentials: The base version of QuikStrike’s flagship pricing and analysis platform offers an all-in-one tool for analyzing volatility, volume/open interest, delta sheets, pricing, spreads, risk graphs and more. Register | Login GROWING USAGE : QuikVol® tool: Chart and analyze historical volatility data including, implied and actual volatility, skew, constant maturity, and implied volatility cones. Like what you see? The QuikVol® datasets featured in this tool are available (via subscription or ad hoc download) dating back to 2007 through CME DataMine NEW IN 2020 : Contract Directory and Calendar Tool (NEW in 2020): Ready to trade options on futures, but need a roadmap to understand key product details and nuances? This tool can help. Browse a calendar view of all options expirations within a given product and view the contract details you need in order to trade with confidence – expiration date/time, exercise style, tick size, strike price increments, underlying futures information, resources, and more. 2019’s FASTEST GROWING : Options Calculator: Generate fair value prices and Greeks for any of CME Group’s options on futures contracts or price up a generic option with our universal calculator. POWERFUL but UNDER UTILIZED : This Week in Options: Track intraday and weekly rolling contract statistics (such as volatility, risk reversal prices, open interest, put/call ratios, and more), and compare them to the prior week. FAN FAVORITE : Strategy Simulator: Analyze how a position will perform based on hypothetical price scenarios, compare custom strategies and apply “what-if” scenarios based on time decay or volatility See more from Benzinga South Africa: Stimulus, Low Rates Face Challenges OpenMarkets Weekly: Understanding Fair Value Dividends: Short-Term Optimism, Long-Term Concerns © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. View comments... - Reddit Posts (Sample): [['u/anthonyevans777', 'Become a Bitcoin Millionaire in 5 years', 11, '2020-08-25 03:40', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/', 'I figured the fastest way possible for an ordinary joe like myself to become a bitcoin millionaire is to simply acquire 10 coins and HODL that shit for the next 5 year bull run. \n\nBy the next Halving the price of 1 coin most likely will be anywhere from 100k-200k \n\nGood luck you future millionaires', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/', 'ig2pc6', [['u/usedmyrealnamefirst', 67, '2020-08-25 03:59', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/g2ratsf/', 'Bc ordinary joes have 120k to just buy 10BTC', 'ig2pc6'], ['u/overcookedit', 26, '2020-08-25 04:01', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/g2rb1ou/', 'simply pawn one of your 18th century chaise lounges! im sure you have a few lying around', 'ig2pc6'], ['u/Dubya_Tea_Efff', 40, '2020-08-25 04:20', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/g2rd38f/', "The average Joe doesn't make 60-80k a year.", 'ig2pc6'], ['u/Onsyde', 11, '2020-08-25 04:22', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/g2rdai5/', "Step four: sell and cry a little\n\n\nStep five: check price a year later to find you could've been a trillionaire\n\nStep six: buy and cry a little\n\nStep seven: repeat", 'ig2pc6'], ['u/Dubya_Tea_Efff', 23, '2020-08-25 04:24', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/g2rdjxr/', "There is far more in the world than just California. I forget how California's forget that. You guys have no idea then what majority of the country gets by on, let alone majority of the world.", 'ig2pc6'], ['u/SpockSays', 13, '2020-08-25 04:29', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/g2re1w6/', '"10 bitcoin to be a billionaire."\n\n[https://twitter.com/pierre\\_rochard/status/1278373182341361666?s=20](https://twitter.com/pierre_rochard/status/1278373182341361666?s=20)\n\n(10 btc = 1 billion satoshi)', 'ig2pc6'], ['u/Dubya_Tea_Efff', 11, '2020-08-25 04:38', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/g2rf0a6/', 'You are severely disconnected from reality homie.', 'ig2pc6'], ['u/Cryptocaller', 15, '2020-08-25 04:46', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/g2rfvlh/', 'I strongly believe that someone that says things like “that individual needs to boss up mentally” when referring to someone’s inability to snap their fingers and become richer, and that also has the grammar of an eleven year old, should not be handing out investment advice, or any advice for that matter. \n\n“That’s why 10 Bitcoin is the perfect number for anyone” Your grasp on world economics and how vastly different income equality is globally, is astonishing. $110k dollars (10 BTC today) worth of Bitcoin is so far out of reach for the majority of the planet that it makes your statement look ridiculous.', 'ig2pc6'], ['u/JohnBravere', 10, '2020-08-25 05:41', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/g2rlgw2/', 'Not to mention the average Joe has children, massive debt, or both.', 'ig2pc6']]], ['u/AutoModerator', '[Daily Discussion] Tuesday, August 25, 2020', 46, '2020-08-25 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n**Other ways to interact:**\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/', 'ig4yxv', [['u/InspectorHornswaggle', 13, '2020-08-25 09:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/g2s0cw8/', "Isn't that the same as buying / longing BTC with USD?", 'ig4yxv'], ['u/[deleted]', 15, '2020-08-25 09:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/g2s18tz/', "Well price action on the lower levels is looking weak as fook. 1st short term level to look for is 11525 ( out last 4hour higher low). If we break that it would likely that we'd fall to the 11360 region, this was our recent reversal point from the initial 12k drop.\n\nStill get the feeling that we are going to be ranging for a long long time between 10k and 12k. Months. In fact I would imagine that if we break the daily 50EMA with a close that we could actually be under 12k the rest of this year. This isn't a bad thing.\n\nThe monthly is 6 days away from printing a classic doji top/reversal at the top. Yes yes I know a doji is not in of itself a reversal but it can absolutely be a sign of things to come\n\nWith the impending US election madness on the horizon and 2nd wave winter Covid having a role to play it would be perfectly reasonable to assume that we retest the original 10k breakout point at some point. That would of course allow us to close the CME gap at (if you believe that is a thing). 9600-9800.\n\n​\n\nMoon boys are going to have to wait until at least 2021 for their pant wetting to resume. Right now I would say we'll face a slightly uncomfortable autumn and winter in Bitcoin world. The narrative being, will the old ATH resistance line hold as support. Right now it's sitting at 9k but should Bitcoin get seriously weak over the the coming months that number moves down to the 8700 8500 area.\n\nTo a lot of people who'll scream that those low prices are just impossible and are never going to happen because it's moon moon baby, I would say to them Bitcoin does not give a flying fuck about you. I never thought we'd crash down to 3800 but by God we did and we did hard.", 'ig4yxv'], ['u/freq-ee', 15, '2020-08-25 10:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/g2s5epw/', 'A lot of this selling is the futures closing on the 28th. \n\nThe futures were probably the worst thing to the happen to the BTC markets. They kill every bull run and are used to completely control the price of BTC.', 'ig4yxv'], ['u/Nagosh', 13, '2020-08-25 10:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/g2s6fjp/', "[Sentiment is the lowest it has been in a week](https://analytics.skew.com/dashboard/bitcoin-futures). I'm assuming it's probably the lowest it has been in maybe a month after we jumped up to this range, but skew only shows data for the past week. This is somewhat bullish as counter trading sentiment can work but of course it isn't 100%. Nothing is. And price action says nothing, imo. There isn't much support or resistance anymore. It's just kind of meandering/going sideways. \n\nI sold my long 4 days ago at 11,520, and I'm thinking about relonging here. It would be essentially like nothing happened. But I think I'm going to hold off for a little while longer. If this is going sideways then it's probably going to go sideways for a long time, just like 9k, and that would mean a price bump. \n\nI'm going to put some buys around 11,200 just in case a dump happens, but if we can just stay sideways between 11k and 12k for another 4-5 weeks that would be quite bullish, imo, and I would probably get into a 10-15x long if we do that.", 'ig4yxv'], ['u/Maegfaer', 11, '2020-08-25 11:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/g2s7tqb/', "Futures can only absorb/surpress purely speculative demand, not demand for Bitcoin's fundamental properties (openness, censorship resistance, global reach, yada yada). So no, futures don't completely control the price of BTC and won't kill every bull run.", 'ig4yxv'], ['u/blessedbt', 14, '2020-08-25 11:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/g2s9t7l/', "Futures, or at least the ones provided by legacy operations, have existed solely post bull run. \n\nI'd like to see how the 'we will tame Bitcoin' narrative works when there's a powerful and sustained level of demand for the real thing that continues growing. We haven't had that since 2017. \n\nThey're going to get a powerful lesson on their place in the pecking order.", 'ig4yxv'], ['u/RetardIdiotTrader', 10, '2020-08-25 16:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/g2suyjf/', 'I’m happy to try anything. Downvoted.', 'ig4yxv'], ['u/Merlin560', 60, '2020-08-25 16:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/g2t06i5/', 'PNF Chart Update\n\n&a... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Global Cryptocurrency Market to Reach $1. 4 Billion by 2027. Amid the COVID-19 crisis, the global market for Cryptocurrency estimated at US$979. 5 Million in the year 2020, is projected to reach a revised size of US$1.\nNew York, Aug. 25, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Cryptocurrency Industry" -https://www.reportlinker.com/p05800039/?utm_source=GNW4 Billion by 2027, growing at aCAGR of 4.8% over the period 2020-2027. Hardware, one of the segments analyzed in the report, is projected to record 5% CAGR and reach US$866.5 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software segment is readjusted to a revised 4.5% CAGR for the next 7-year period.The U.S. Market is Estimated at $288.6 Million, While China is Forecast to Grow at 4.5% CAGRThe Cryptocurrency market in the U.S. is estimated at US$288.6 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$240.1 Million by the year 2027 trailing a CAGR of 4.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.6% and 3.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.We bring years of research experience to this 6th edition of our report. The 214-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.Competitors identified in this market include, among others,\n• Advanced Micro Devices, Inc.\n• Binance Holdings Limited\n• Bitfinex Group\n• Bitfury Holding B.V.\n• BitGo Inc.\n• Bitmain Technologies Limited\n• Bitstamp Ltd\n• Canaan Creative CO., LTD\n• Coinbase\n• Ethereum Foundation\n• Ethereumminer.EU\n• Intel Corporation\n• Ledger SAS\n• NVIDIA Corporation\n• PandaMiner\n• Ripple\n• Shark Mining\n• Upbit\n• Xapo\n• Xilinx Inc.\n• Zhejiang Ebang Communication Co., Ltd.\nRead the full report:https://www.reportlinker.com/p05800039/?utm_source=GNWI. INTRODUCTION, METHODOLOGY & REPORT SCOPEII. EXECUTIVE SUMMARY1. MARKET OVERVIEWGlobal Competitor Market SharesCryptocurrency Competitor Market Share Scenario Worldwide(in %): 2019 & 2025Impact of Covid-19 and a Looming Global Recession2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVETable 1: Cryptocurrency Global Market Estimates and Forecastsin US$ Thousand by Region/Country: 2020-2027Table 2: Cryptocurrency Market Share Shift across KeyGeographies Worldwide: 2020 VS 2027Table 3: Hardware (Offering) World Market by Region/Country inUS$ Thousand: 2020 to 2027Table 4: Hardware (Offering) Market Share Breakdown ofWorldwide Sales by Region/Country: 2020 VS 2027Table 5: Software (Offering) Potential Growth Markets Worldwidein US$ Thousand: 2020 to 2027Table 6: Software (Offering) Market Sales Breakdown byRegion/Country in Percentage: 2020 VS 2027Table 7: Mining (Process) Geographic Market Spread Worldwide inUS$ Thousand: 2020 to 2027Table 8: Mining (Process) Market Share Distribution inPercentage by Region/Country: 2020 VS 2027Table 9: Transaction (Process) World Market Estimates andForecasts by Region/Country in US$ Thousand: 2020 to 2027Table 10: Transaction (Process) Market Share Breakdown byRegion/Country: 2020 VS 2027Table 11: Bitcoin (Type) World Market by Region/Country in US$Thousand: 2020 to 2027Table 12: Bitcoin (Type) Market Share Distribution inPercentage by Region/Country: 2020 VS 2027Table 13: Ethereum (Type) World Market Estimates and Forecastsin US$ Thousand by Region/Country: 2020 to 2027Table 14: Ethereum (Type) Market Percentage Share Distributionby Region/Country: 2020 VS 2027Table 15: Monero (Type) Market Opportunity Analysis Worldwidein US$ Thousand by Region/Country: 2020 to 2027Table 16: Monero (Type) Market Share Distribution in Percentageby Region/Country: 2020 VS 2027Table 17: Ripple (Type) World Market by Region/Country in US$Thousand: 2020 to 2027Table 18: Ripple (Type) Market Share Breakdown of WorldwideSales by Region/Country: 2020 VS 2027Table 19: Litecoin (Type) Potential Growth Markets Worldwide inUS$ Thousand: 2020 to 2027Table 20: Litecoin (Type) Market Sales Breakdown byRegion/Country in Percentage: 2020 VS 2027Table 21: Dash (Type) Geographic Market Spread Worldwide in US$Thousand: 2020 to 2027Table 22: Dash (Type) Market Share Distribution in Percentageby Region/Country: 2020 VS 2027Table 23: Other Types (Type) World Market Estimates andForecasts by Region/Country in US$ Thousand: 2020 to 2027Table 24: Other Types (Type) Market Share Breakdown byRegion/Country: 2020 VS 2027Table 25: Trading (Application) Sales Estimates and Forecastsin US$ Thousand by Region/Country for the Years 2020 through2027Table 26: Trading (Application) Global Market ShareDistribution by Region/Country for 2020 and 2027Table 27: Remittance (Application) Global OpportunityAssessment in US$ Thousand by Region/Country: 2020-2027Table 28: Remittance (Application) Percentage Share Breakdownof Global Sales by Region/Country: 2020 VS 2027Table 29: Payment (Application) Worldwide Sales in US$ Thousandby Region/Country: 2020-2027Table 30: Payment (Application) Market Share Shift across KeyGeographies: 2020 VS 2027III. MARKET ANALYSISGEOGRAPHIC MARKET ANALYSISUNITED STATESMarket Facts & FiguresUS Cryptocurrency Market Share (in %) by Company: 2019 & 2025Market AnalyticsTable 31: United States Cryptocurrency Market Estimates andProjections in US$ Thousand by Offering: 2020 to 2027Table 32: United States Cryptocurrency Market Share Breakdownby Offering: 2020 VS 2027Table 33: United States Cryptocurrency Market Estimates andProjections in US$ Thousand by Process: 2020 to 2027Table 34: United States Cryptocurrency Market Share Breakdownby Process: 2020 VS 2027Table 35: United States Cryptocurrency Market Estimates andProjections in US$ Thousand by Type: 2020 to 2027Table 36: United States Cryptocurrency Market Share Breakdownby Type: 2020 VS 2027Table 37: United States Cryptocurrency Latent Demand Forecastsin US$ Thousand by Application: 2020 to 2027Table 38: Cryptocurrency Market Share Breakdown in the UnitedStates by Application: 2020 VS 2027CANADATable 39: Canadian Cryptocurrency Market Estimates andForecasts in US$ Thousand by Offering: 2020 to 2027Table 40: Cryptocurrency Market in Canada: Percentage ShareBreakdown of Sales by Offering for 2020 and 2027Table 41: Canadian Cryptocurrency Market Estimates andForecasts in US$ Thousand by Process: 2020 to 2027Table 42: Cryptocurrency Market in Canada: Percentage ShareBreakdown of Sales by Process for 2020 and 2027Table 43: Canadian Cryptocurrency Market Estimates andForecasts in US$ Thousand by Type: 2020 to 2027Table 44: Cryptocurrency Market in Canada: Percentage ShareBreakdown of Sales by Type for 2020 and 2027Table 45: Canadian Cryptocurrency Market Quantitative DemandAnalysis in US$ Thousand by Application: 2020 to 2027Table 46: Canadian Cryptocurrency Market Share Analysis byApplication: 2020 VS 2027JAPANTable 47: Japanese Market for Cryptocurrency: Annual SalesEstimates and Projections in US$ Thousand by Offering for thePeriod 2020-2027Table 48: Japanese Cryptocurrency Market Share Analysis byOffering: 2020 VS 2027Table 49: Japanese Market for Cryptocurrency: Annual SalesEstimates and Projections in US$ Thousand by Process for thePeriod 2020-2027Table 50: Japanese Cryptocurrency Market Share Analysis byProcess: 2020 VS 2027Table 51: Japanese Market for Cryptocurrency: Annual SalesEstimates and Projections in US$ Thousand by Type for thePeriod 2020-2027Table 52: Japanese Cryptocurrency Market Share Analysis byType: 2020 VS 2027Table 53: Japanese Demand Estimates and Forecasts forCryptocurrency in US$ Thousand by Application: 2020 to 2027Table 54: Cryptocurrency Market Share Shift in Japan byApplication: 2020 VS 2027CHINATable 55: Chinese Cryptocurrency Market Growth Prospects in US$Thousand by Offering for the Period 2020-2027Table 56: Chinese Cryptocurrency Market by Offering: PercentageBreakdown of Sales for 2020 and 2027Table 57: Chinese Cryptocurrency Market Growth Prospects in US$Thousand by Process for the Period 2020-2027Table 58: Chinese Cryptocurrency Market by Process: PercentageBreakdown of Sales for 2020 and 2027Table 59: Chinese Cryptocurrency Market Growth Prospects in US$Thousand by Type for the Period 2020-2027Table 60: Chinese Cryptocurrency Market by Type: PercentageBreakdown of Sales for 2020 and 2027Table 61: Chinese Demand for Cryptocurrency in US$ Thousand byApplication: 2020 to 2027Table 62: Chinese Cryptocurrency Market Share Breakdown byApplication: 2020 VS 2027EUROPEMarket Facts & FiguresEuropean Cryptocurrency Market: Competitor Market ShareScenario (in %) for 2019 & 2025Market AnalyticsTable 63: European Cryptocurrency Market Demand Scenario in US$Thousand by Region/Country: 2018-2025Table 64: European Cryptocurrency Market Share Shift byRegion/Country: 2020 VS 2027Table 65: European Cryptocurrency Market Estimates andForecasts in US$ Thousand by Offering: 2020-2027Table 66: European Cryptocurrency Market Share Breakdown byOffering: 2020 VS 2027Table 67: European Cryptocurrency Market Estimates andForecasts in US$ Thousand by Process: 2020-2027Table 68: European Cryptocurrency Market Share Breakdown byProcess: 2020 VS 2027Table 69: European Cryptocurrency Market Estimates andForecasts in US$ Thousand by Type: 2020-2027Table 70: European Cryptocurrency Market Share Breakdown byType: 2020 VS 2027Table 71: European Cryptocurrency Addressable MarketOpportunity in US$ Thousand by Application: 2020-2027Table 72: European Cryptocurrency Market Share Analysis byApplication: 2020 VS 2027FRANCETable 73: Cryptocurrency Market in France by Offering:Estimates and Projections in US$ Thousand for the Period2020-2027Table 74: Fre **Last 60 Days of Bitcoin's Closing Prices:** [9045.39, 9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-26 **Financial & Commodity Data:** - Gold Closing Price: $1940.70 - Crude Oil Closing Price: $43.39 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $214,403,967,900 - Hash Rate: 123939384.6465301 - Transaction Count: 324184.0 - Unique Addresses: 696908.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.76 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: DeFi Dad is a DeFi super user sharing his money experiments and tutorials on Twitter andYouTube. He is an organizing member of theEthereal Summit and Sessions, host ofThe Ethereal Podcastand a weekly contributor toThe DefiantandBankless. Ethereum has always been difficult to explain. Even the founders of Ethereum have sometimes struggled to communicate the project’s transformative potential in layperson’s terms. Metaphors such as “world computer” and “gas” tried to translate Ethereum to the world, but looking back it’s clear how little we understood about the platform’s true capabilities. By 2017, big promises were being made that Ethereum would “bank the unbanked.” But that promise seemed to go largely unfulfilled in the wake of the initial coin offering (ICO) craze. Nevertheless, the oft-repeated slogan represented the first attempt to describe Ethereum’s potential to transform personal finance. Related:Huobi Hires Former Banking Giant Executive to Lead New DeFi Fund See also:Ethereum History in 5 Charts While the ICO mania showed Ethereum’s potential as a distributive technology that could emulate, improve upon and democratize the initial stock offering, what was missing then was a simple personal financial use case that could be demonstrated to a friend, such as a mobile app. In those early days, there were many white papers, promises and signs of progress by a few teams (some of which have led to the top DeFi projects such as ChainLink, Kyber, and Set), but most of the benefits had yet to be delivered. Meanwhile, there were lots of inspiring speakers from the Ethereum community who drew us into believing Ethereum would change the world. It just required a patient newcomer willing to wade through new ideas, intricate foreign concepts and a firehose of new information daily. Nothing was a simple elevator pitch. When I saw Joe Lubin speak at Ethereal SF 2017, there was an inspiring message to take home. A lot of detail flew over my head at the time, but if you listened carefully it was impossible to not buy the idea that Ethereum could change the world for the better. Related: It’s worth noting that in 2017, ConsenSys and other early adopters and builders were also educating institutional players and enterprise software companies on how they could benefit from many blockchain use cases on Ethereum. Partnerships with Microsoft, IBM and Hyperledger helped cement Ethereum’s credibility in the enterprise blockchain race. See also:How the EEA Made Ethereum Palatable to Big Business Fast forward to July 2018, when I started full-time work in Ethereum. We were all recovering from the hangover of 2017, thinking the bull run might return sooner before watching markets unravel and get even bloodier. We were emerging from an era without a coherent elevator pitch to be easily understood, including language that sounded like it had come from a “Big Bang Theory” script. I recognized that Ethereum had to find any small group of fanatical users. For better or worse, I began drawing on my experience in SaaS, which taught me that startups need loyal users who find so much utility in an application that, if it were taken away, they wouldn’t have an alternative. By spring 2019, I am working full time on theEthereal Summit, a series of events celebrating the founders and builders of the decentralized web on Ethereum. It was around then that Ethereum’s narrative began to change. I heard about Compound, where you can lend and borrow – similar to MakerDAO, but with better loan-to-value (LTV) ratios. I was astonished – $50 MILLION in an app built on Ethereum! It was exhilarating to learn a second finance application had been built, launched and had been running on Ethereum for more than six months. All this activity came to be known as decentralized finance, or DeFi. The term was coined in 2018 by members of the 0x team, but the industry was just getting going. I couldn’t stop thinking about it. I began researching every project we were hosting at Ethereal –PoolTogether,KyberArgentandZerion. And I did something even more radical: I began testing and using the damn products! See also:Why DeFi on Ethereum Is Like Algorithmic Trading in the ‘90s I needed to see my investment make money to realize the power of these DeFi applications. I started lendingdaion Compound for over 10% APY and it just clicked. I’m lending dai and others borrow that money, but there’s no bank to collect the middleman fees. So, in turn, I earn better lending interest and borrowers pay smaller fees, and without know your customer (KYC) or anyone’s permission. What stood in the way of DeFi mass adoption was better storytelling and more visual demonstration of how DeFi can work for anyone It had long been a talking point in crypto the user experience (UX) had to improve for Ethereum to see adoption, but I found those same people espousing such criticisms often had zero experience with DeFi applications. It seemed like a lie that had stuck around long enough to become a truth, even though I was finding some DeFi UX better than my experience with legacy banking. For me, what stood in the way of DeFi mass adoption was better storytelling and more visual demonstration of how DeFi can work for anyone.EthHub.ioand Cami Russo’sThe Defiantwere already doing lots of legwork in this space but there was clearly more to build upon. In late 2019, the DeFi community was still small compared to today, only a few thousand or possibly even a few hundred users, but it felt like we were on a bustling rocket ship of excitement. We rallied around this term DeFi, the simplest term to describe any peer-to-peer finance app built on Ethereum, requiring a Web 3 wallet like MetaMask, that doesn’t need KYC and has no single point of failure. IfETHis money, DeFi is your bank. What started as a concept is now an economy of interlinked applications with more than $4 billion in value invested. But it’s more than just money. DeFi has changed the way people think about Ethereum itself and given rise to new narratives and memes. Shortly after this spark was really gaining momentum in the fall 2019, DeFi users naturally found a second totem to rally around. That was the concept of Total Value Locked (TLV), coined by the team atDeFi Pulse. TVL refers to the sum of all value deposited into a DeFi app’s smart contracts, whether that’s measured in U.S. dollars (USD) or in ETH. TVL reflected a new, un-gameable metric for adoption. It was a way to compare how much trust DeFi users put into an application. It has its flaws, but those flaws are no worse than reducing Bitcoin to its price. See also: Nathaniel Whittemore –‘Stacking Sats’ vs. ‘ETH Is Money’ – The Memes That Shaped 2019 DeFi also helped solidify the “ETH is money” meme. As co-host of the Bankless Podcast David Hoffman said,ETH is a triple-point asset,because it acts as a store-of-value, a capital asset, and a consumable asset. “ETH is Money” is an intentional pivot from “ETH is gas,” and updates the world on how ETH is actually used on Ethereum. Plain and simple: ETH is money. It always has been money and to label it otherwise was a product marketing mistake in the early days of Ethereum. Yield farming is the latest viral meme in Ethereum. DeFi is a larger all-encompassing category of p2p, self-custody, KYC-less, finance apps built on Ethereum, but yield farming describes a popular incentives program where you often provide liquidity to a DeFi application in exchange for a combination of rewards. As Dan Elitzer of IDEO CoLab Ventures put it,yield farming is like aquaponicsbecause it creates a symbiotic relationship between DeFi protocols, meaning DeFi participants can earn three or more forms of yield such as interest, market-making fees and pooled rewards such as a governance token like BAL or COMP. Because of the most composable incentive designs in DeFi, yield farming (aka “liquidity mining”) is like passive income on steroids, with programs delivering anywhere from 10-200% daily APY on average. Five years ago, you could argue Ethereum was attempting to do too much. Even two to three years ago, that was still a valid hypothesis, with stagnant adoption. Today, the bold experiment of Ethereum is working. Alongside the $4 billion in assets deposited into DeFi, we’ve seen a 227% year-on-year increase in ETH locked in DeFi, and a 20X increase in tokenizedBTCon Ethereum (equivalent to ~$220 million) since January 1. See also:One Billion, Two Billion, Three Billion, Four? DeFi’s Knocking on TradFi’s Door What was a drawback – doing “too much” – is now a strength and a reason why Ethereum’s daily transaction volume and daily network fees have eclipsed Bitcoin’s. Although Ethereum is less than half Bitcoin’s age, it has accomplished more in the last five years, building the most advanced permissionless p2p finance system in the world while Bitcoin has continued to champion the narrower digital gold meme. It’s getting easier every day to point to DeFi apps that clearly demonstrate value and utility you cannot find elsewhere. If you’ve managed to ignore these developments, now is as good a time as ever to catch yourself up. The story of DeFi and Ethereum is just getting started. • Five Years In, DeFi Now Defines Ethereum • Five Years In, DeFi Now Defines Ethereum... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["Concordium, an ambitious project whose founders have close links to companies including Volvo, IKEA, Saxo Bank and Nasdaq, is looking to shake up the seemingly glacial world of enterprise blockchain.\nThe most striking thing aboutConcordium, which launches its third testnet next month, is the way it pushes what was once anathema to big corporates: public and permissionless blockchains.\nBusinesses, wary of tipping their hands and giving away any competitive advantage, have traditionally preferred the idea of private and permissioned blockchains. But many advocates of blockchain tech believe only open systems hold true transformational promise. The oft-cited analogy centers on the relevance of internet versus intranet.\nRelated:'Boring Is the New Exciting': How Baseline Protocol Connected With 600 Corporates\nRead more:‘Boring Is the New Exciting’: How Baseline Protocol Connected With 600 Corporates\nToeing the line between the privacy requirements of regulated businesses and full-broadcast blockchains like those of Bitcoin and Ethereum has ledsome very smart peopleto opt for an attenuated architecture when it comes to distributed ledgers.\nHowever, Concordium is confident it has found a third way, keeping sensitive data private using a clever identity and zero-knowledge-proof (ZKP) system, providing firms with a safe, flexible option to deploy open blockchains.\nThe momentum around projects like Baseline Protocol, which now hassome 600 big firms using it, is a solid indicator ZKP tech is ready for prime time.\nRelated:ConsenSys Acquires JPMorgan's Quorum Blockchain\nAccording to Concordium CEO Lone Fønss Schrøder, sometimes you need a permission-based ledger; but in order to realize new business models, it has to come in combination with baked-in permissionless possibilities.\n“I think that’s really what large corporations are looking for,” said Fønss Schrøder. “If you look at Hyperledger, for example, or R3, I don’t think it is blockchain in the sense of really providing something new. It’s not decentralized. Companies are seeing it as just another way to do their mainframe applications. But when you talk about permissionless blockchain, it’s something totally new.”\nBlockchain today simply doesn’t meet the needs of corporations, says Fønss Schrøder, and a lack of permissionless flexibility has led to no uptick in business adoption.\nConcordium’s chief marketing manager, Beni Issembert, went further: Businesses underwhelmed by today’s enterprise blockchain offerings are squarely in Concordium sights.\n“Businesses that are open-minded feel a lot of frustration and desolation when it comes to using Hyperledger and R3 Corda. And we are talking to those disappointed businesses,” Issembert said.\nIt would be easy to write Concordium off as some kind of naive newcomer – both R3 and Hyperledger declined to comment on the Concordium white paper.\nBut the project, which has its roots in Denmark, featuresan impressive castof players from business and academia. On the science side, Concordium’s research center at Denmark’s Aarhus University is run by widely cited cryptographer Ivan Damgard. Last September, Torben Pryds Pedersen, creator of the Pedersen Commitment cryptographic primitive, was appointed as Concordium’s CTO.\nRead more:Staying Alive: Why the World of Enterprise Blockchain Has Turned to Collaborations\nIn terms of corporate clout, Fønss Schrøder is a boardroom director at IKEA, vice chairman of Volvo and spent 22 years at A.P. Moller Maersk. Concordium’s founder, Lars Seier Christensen, founded Saxo Bank in 1992, while the blockchain’s advisers include former Danish Prime Minister Anders Fogh Rasmussen, and heavy hitters from Nasdaq, Mastercard and Skype.\nIt’s one thing to announce a paradigm shift in the way businesses intend to use blockchain technology, but another to show hard evidence of this new permissionless demand.\n“We are already in contact with those people [Volvo and IKEA] and looking at ways to fulfill what they would like to do. But we are not only targeting 20 or 40 businesses,” said Issembert. “We are focused on the next generation of commerce, the new unicorns; firms that you don’t have to convince the best approach is an open system.”\nIt should be pointed out that Volvo has blazed a trail when it comes totracking the minerals used in electric car batterieswith the help of Hyperledger Fabric. IKEA has also done someinteresting blockchain experimentswith the likes of Tradeshift using the Maker protocol.\nNeither Volvo nor IKEA would confirm to CoinDesk whether they were testing Concordium at this time.\nRead more:IKEA in ‘World First’ Transaction Using Smart Contracts and Licensed E-Money\nIf large corporations have been mostly happy with proofs-of-concept using closed enterprise blockchains, what are the new use cases that open systems like Concordium can offer?\nFønss Schrøder said a major opportunity exists in rethinking the way procurement and supply chains work, for example. (In terms of new entrants to the enterprise blockchain space, there have also beensome interesting moves from the EOS ecosystem, particularly in Latin America.)\n“It could be smart contracts, which actually will function as marketplaces for you and your whole procurement sector,” said Fønss Schrøder. “I think about what Maersk has been doing, but the disadvantage for Maersk is that this should never have been built on a permission-based blockchain; it should have been permissionless. But that’s the kind of logistical use case I’m sure we will be able to support.”\nVolvo board member Fønss Schrøder also sees plenty of uses for open blockchains in the car industry, across secondary markets, for instance, and the service agreements that come with that.\n“Nearly every car sold by Volvo has some kind of lease arrangement or car-care, and blockchain is well suited to support this on the insurance side and on the service side,” said Fønss Schrøder.\nAs far as the ZKP secret sauce, Issembert called this the “backbone of the network,” but could not disclose details.\n“For the ZKP design approach, we are going to come to the market with our own solution. It’s not something that has been seen yet,” he said.\nRead more:WATCH: ‘Big Four’ Exec Says Privacy Is Key to Enterprise Blockchain Adoption\nNext month sees Concordium’s third testnet come into being, with a view to going live in January 2021.\n“We will have the smart contract layer ready and then we will see which corporations will build on it,” said Fønss Schrøder. “It will be very interesting. I don’t think we will disappoint you.”\n• Is This the Blockchain Firm That Will Get Enterprise to Finally Embrace Open Networks?\n• Is This the Blockchain Firm That Will Get Enterprise to Finally Embrace Open Networks?", "Concordium, an ambitious project whose founders have close links to companies including Volvo, IKEA, Saxo Bank and Nasdaq, is looking to shake up the seemingly glacial world of enterprise blockchain. The most striking thing about Concordium , which launches its third testnet next month, is the way it pushes what was once anathema to big corporates: public and permissionless blockchains. Businesses, wary of tipping their hands and giving away any competitive advantage, have traditionally preferred the idea of private and permissioned blockchains. But many advocates of blockchain tech believe only open systems hold true transformational promise. The oft-cited analogy centers on the relevance of internet versus intranet. Related: 'Boring Is the New Exciting': How Baseline Protocol Connected With 600 Corporates Read more: ‘Boring Is the New Exciting’: How Baseline Protocol Connected With 600 Corporates Toeing the line between the privacy requirements of regulated businesses and full-broadcast blockchains like those of Bitcoin and Ethereum has led some very smart people to opt for an attenuated architecture when it comes to distributed ledgers. However, Concordium is confident it has found a third way, keeping sensitive data private using a clever identity and zero-knowledge-proof (ZKP) system, providing firms with a safe, flexible option to deploy open blockchains. The momentum around projects like Baseline Protocol, which now has some 600 big firms using it , is a solid indicator ZKP tech is ready for prime time. ‘Something totally new’ Related: ConsenSys Acquires JPMorgan's Quorum Blockchain According to Concordium CEO Lone Fønss Schrøder, sometimes you need a permission-based ledger; but in order to realize new business models, it has to come in combination with baked-in permissionless possibilities. “I think that’s really what large corporations are looking for,” said Fønss Schrøder. “If you look at Hyperledger, for example, or R3, I don’t think it is blockchain in the sense of really providing something new. It’s not decentralized. Companies are seeing it as just another way to do their mainframe applications. But when you talk about permissionless blockchain, it’s something totally new.” Story continues Blockchain today simply doesn’t meet the needs of corporations, says Fønss Schrøder, and a lack of permissionless flexibility has led to no uptick in business adoption. Concordium’s chief marketing manager, Beni Issembert, went further: Businesses underwhelmed by today’s enterprise blockchain offerings are squarely in Concordium sights. “Businesses that are open-minded feel a lot of frustration and desolation when it comes to using Hyperledger and R3 Corda. And we are talking to those disappointed businesses,” Issembert said. Big-name partners It would be easy to write Concordium off as some kind of naive newcomer – both R3 and Hyperledger declined to comment on the Concordium white paper. But the project, which has its roots in Denmark, features an impressive cast of players from business and academia. On the science side, Concordium’s research center at Denmark’s Aarhus University is run by widely cited cryptographer Ivan Damgard. Last September, Torben Pr **Last 60 Days of Bitcoin's Closing Prices:** [9143.58, 9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-27 **Financial & Commodity Data:** - Gold Closing Price: $1921.60 - Crude Oil Closing Price: $43.04 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $214,403,967,900 - Hash Rate: 112592821.26339708 - Transaction Count: 328157.0 - Unique Addresses: 702891.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A security vulnerability in Twitter for Android could have allowed attackers to access some users' direct messages, the company has disclosed . Twitter on Wednesday said it has fixed a vulnerability in the Android app that for some users "could allow an attacker, through a malicious app installed on your device, to access private Twitter data on your device (like direct messages), by working around Android system permissions that protect against this." This was "related to an underlying Android OS security issue" on Android OS versions 8 and 9, the company said. Twitter said it believes 96 percent of Android users have a patch protecting them from the vulnerability, and it doesn't have evidence that attackers actually exploited the flaw, but the company adds it "can't be completely sure" of that. It's sending notifications to the users who may have been affected, requiring them to update the Android app, and promising to identify "changes to our processes to better guard against issues like this." This disclosure from Twitter comes after the company last month grappled with a massive hack, in which high-profile accounts including those belonging to former President Barack Obama and former Vice President Joe Biden were taken over to promote a Bitcoin scam. The company said that 130 accounts were targeted, and the attackers accessed direct messages on "up to 36" of them, including that of an elected official in the Netherlands. More stories from theweek.com Pelosi doubts Republicans will pass generous coronavirus bill: 'Perhaps you mistook them for somebody who gives a damn' State Department lifts global coronavirus travel advisory The terrible trade-off of keeping schools closed... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, fell by 1.12% on Thursday. Reversing a 1.15% gain from Wednesday, Bitcoin ended the day at $11,343.0.\nA bearish start to the day saw Bitcoin fall to a mid-day low $11,290 before making a move.\nSteering clear of the first major support level at $11,279, Bitcoin struck an early afternoon intraday high $11,609.0.\nComing up against the first major resistance level at $11,605, Bitcoin slid to a late afternoon intraday low $11,145.0.\nBitcoin fell through the first major support level at $11,279 before recovering to $11,300 levels.\nThe near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day for the majors on Thursday.\nBinance Coin and Monero’s XMR bucked the trend on the day, rising by 4.05% and by 0.72% respectively.\nIt was a bearish day for the rest of the pack, however.\nCardano’s ADA slid by 6.21% to lead the way down.\nBitcoin Cash ABC (-4.60%), Bitcoin Cash SV (-4.07%), EOS (-4.47%), Litecoin (-3.44%), Ripple’s XRP (-4.37%), Stellar’s Lumen (-4.44%), Tezos (-4.32%), also saw heavy losses.\nEthereum (-0.74%) and Tron’s TRX (-2.12%) saw relatively modest losses on the day.\nIn the current week, the crypto total market rose to a Monday high $360.52bn before falling to a Tuesday low $329.92bn. At the time of writing, the total market cap stood at $338.20bn.\nBitcoin’s dominance fell to a Monday low 60.80% before rising to a Tuesday high 62.13%. At the time of writing, Bitcoin’s dominance stood at 61.77%.\nAt the time of writing, Bitcoin was down by 0.28% to $11,311.0. A bearish start to the day saw Bitcoin fall from an early morning high $11,367.0 to a low $11,308.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day. Bitcoin Cash SV bucked the trend early on, rising by 1.15%.\nIt was bearish for the rest of the majors, however.\nAt the time of writing, Tezos was down by 2.07% to lead the way down.\nBitcoin would need to move through the pivot level at $11,366 to support a run at the first major resistance level at $11,586.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $11,500 levels.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test resistance at $11,700 before any pullback. The second major resistance level sits at $11,830.\nFailure to move through the $11,366 pivot level would bring the first major support level at $11,122 into play.\nBarring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,000 levels. The second major support level sits at $10,902.\nThisarticlewas originally posted on FX Empire\n• Natural Gas Price Forecast – Natural Gas Markets Continue Higher\n• Crude Oil Price Update – Needs to Hold Above $42.01 to Sustain Upside Momentum\n• Economic Data Puts the EUR, the Loonie, and the Greenback in Focus\n• The Crypto Daily – Movers and Shakers – August 28th, 2020\n• US Stock Market Overview – Stocks Rise Led by Financials as Yields Moved Higher\n• S&P 500 Price Forecast – Stock Markets Get Extended Even Further', 'Bitcoin, BTC to USD, fell by 1.12% on Thursday. Reversing a 1.15% gain from Wednesday, Bitcoin ended the day at $11,343.0. A bearish start to the day saw Bitcoin fall to a mid-day low $11,290 before making a move. Steering clear of the first major support level at $11,279, Bitcoin struck an early afternoon intraday high $11,609.0. Coming up against the first major resistance level at $11,605, Bitcoin slid to a late afternoon intraday low $11,145.0. Bitcoin fell through the first major support level at $11,279 before recovering to $11,300 levels. The near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Thursday. Binance Coin and Monero’s XMR bucked the trend on the day, rising by 4.05% and by 0.72% respectively. It was a bearish day for the rest of the pack, however. Cardano’s ADA slid by 6.21% to lead the way down. Bitcoin Cash ABC (-4.60%), Bitcoin Cash SV (-4.07%), EOS (-4.47%), Litecoin (-3.44%), Ripple’s XRP (-4.37%), Stellar’s Lumen (-4.44%), Tezos (-4.32%), also saw heavy losses. Ethereum (-0.74%) and Tron’s TRX (-2.12%) saw relatively modest losses on the day. In the current week, the crypto total market rose to a Monday high $360.52bn before falling to a Tuesday low $329.92bn. At the time of writing, the total market cap stood at $338.20bn. Bitcoin’s dominance fell to a Monday low 60.80% before rising to a Tuesday high 62.13%. At the time of writing, Bitcoin’s dominance stood at 61.77%. This Morning At the time of writing, Bitcoin was down by 0.28% to $11,311.0. A bearish start to the day saw Bitcoin fall from an early morning high $11,367.0 to a low $11,308.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV bucked the trend early on, rising by 1.15%. Story continues It was bearish for the rest of the majors, however. At the time of writing, Tezos was down by 2.07% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $11,366 to support a run at the first major resistance level at $11,586. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,500 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $11,700 before any pullback. The second major resistance level sits at $11,830. Failure to move through the $11,366 pivot level would bring the first major support level at $11,122 into play. Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,000 levels. The second major support level sits at $10,902. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Price Forecast – Natural Gas Markets Continue Higher Crude Oil Price Update – Needs to Hold Above $42.01 to Sustain Upside Momentum Economic Data Puts the EUR, the Loonie, and the Greenback in Focus The Crypto Daily – Movers and Shakers – August 28th, 2020 US Stock Market Overview – Stocks Rise Led by Financials as Yields Moved Higher S&P 500 Price Forecast – Stock Markets Get Extended Even Further', 'Tesla Inc(NASDAQ:TSLA)\xa0CEO Elon Musk\xa0confirmed late Thursday that the automaker was the subject of a hacking attempt by a Russian national\xa0and his co-conspirators.\nWhat Happened:"This was a serious attack," the billionaire entrepreneur said in response to amedia reportrelated to the attempted hacking on Twitter.\nAcomplaintwas filed this week by prosecutors in Nevada against Egor Igorevich Kriuchkov, a Russian national,\xa0who allegedly conspired to recruit an employee at an unnamed company, in order to surreptitiously install malware on its computers.\nMusk\'s tweet confirms the company detailed in the lawsuit is, in fact, Tesla.\nKriuchkov approached the employee who had access to the company’s computers throughFacebook Inc(NASDAQ:FB) owned WhatsApp messaging app on July 16 to arrange a visit to its Nevada location, prosecutors allege.\nThe complaint states that Kriuchkov and a group of Tesla employees were in touch with each other between August 1-3 and went on a trip to Lake Tahoe, where the alleged hacker refused to be photographed.\nSubsequent to the excursion, which was paid for by Kriuchkov, the Russian national asked to do “business.”\nWhen the employee met Kriuchkov subsequently at a bar on Aug. 3, he was asked to install malware on his company’s computers, which would exfiltrate data and release to the Russian’s group, the complaint alleges.\nThe two met subsequently at another location in a vehicle and were observed by the agents of the Federal Bureau of Investigation as the employee had consented to the surveillance. During this meeting, the alleged hacker made an inducement of $1 million in cash or Bitcoin to the employee, raising the amount from a proposed $500,000 earlier during their discussions at the bar.\nOn August 19, the employee wearing a listening device from the FBI met with Kriuchkov, who offered him a $11,000 advance. The alleged hacker then told the Gigafactory worker that the project was delayed and related payments would be made at a later time as well. The FBI in the meantime got in touch with Kriuchkov, who attempted to leave the United States and was arrested on Aug. 22 in Los Angeles, the prosecutors said.\nWhy It Matters:The Russian and his co-conspirators planned to hold the target company forransomand reveal the data they obtained through illegal means, according to the complaint.Musk said the employee\'s efforts in helping thwart the hack attempt were "much appreciated."\nLast month, a “spear-phishing” attack onTwitter Inc’s(NYSE:TWTR) was said to be responsible for the compromise of several high-profile social media accounts on that platform including that of Musk and former President Barack Obama.\nPrice Action:Tesla shares closed nearly 4% higher at 2,238.75 on Thursday and gained 0.37% in the after-hours session.\nPhoto Courtesy: Steve Jurvetson on Flickr.\nSee more from Benzinga\n• EV Maker Rivian Taps Former Tesla Exec As Top Engineer, Despite Employee Poaching Lawsuit\n• Nikola CEO Says He\'s Giving Away 3M Worth Of Personal Shares To Employees\n• Musk Says Tesla\'s Battery Capacity Could Almost Double In Three To Four Years\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Tesla Inc (NASDAQ: TSLA )\xa0CEO E **Last 60 Days of Bitcoin's Closing Prices:** [9190.85, 9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-28 **Financial & Commodity Data:** - Gold Closing Price: $1964.60 - Crude Oil Closing Price: $42.97 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $209,673,742,884 - Hash Rate: 142268448.57312962 - Transaction Count: 352722.0 - Unique Addresses: 720277.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Square (SQ) is a mad genius-level disruptive technology platform that just launched over 100% in Q2 because so many valuation-focused sell-side analysts and short-sighted hedge funds kept it below $75 for so long. And as of July 9, the stock just tagged the moon above $133, for over 25% gains this month alone. Apparently (some of) the blind have begun to see. Meanwhile, UBS and BofA offered downgrades to "Sell" and "Underperform" in May after the company's latest quarterly report when shares had just gotten back above $70. And I think yesterday, a Cowen analyst made a much more timely downgrade after SQ's "200% rally" from the Coronavirus Crash lows. Lowering their rating to Market Perform from Outperform, they also thought they should raise their price target from $79 to something a little more respectable like $119. Obviously I have a personal story here. In the first quarter of 2018, I became a huge Square fan after I fully grasped the ecosystem they were building for small business to get stuff done seamlessly and effortlessly. Honestly, I may not have noticed but for my wife who was using the Square app for her various farmer's markets and craft fairs where she sold everything from home-made goat's milk soap to fresh crepes made with eggs and veges from our small hobby farm. We actually had the chance to buy some SQ shares before the IPO in late 2015 -- another genius idea from Jack Dorsey to give customers the first crack at shares near $10 -- and we sold them for pocket change as the stock did little in 2016. So I get the first "Stupid Award" for not grasping the potential of this evolving fintech ecosystem. But in early 2018, I told my TAZR Trader group that "this Square thing" was a potential FinTech revolution to be reckoned with, especially as Blockchain/Bitcoin mania was in the air. We were buyers of SQ in the $42-45 range and I thought we could set-it-and-forget-it for a double in the next 2 years. Story continues And still, most analysts didn't see or care about Square's disruption potential. Unfortunately, I listened to them and sold our shares for small gains of 20% or less. Then, of course, SQ went to $100 in mid 2018. So, I also get the second "Stupid Award" as I missed the first SQ kiss of $100. But I attempted to redeem my ways in early 2019 with this call... Square is the Apple of FinTech By this comparison, I wasn't implying that the Square credit card swiping device was going to rival the iPhone in terms of sales. The idea was more about getting people into the ecosystem where they would likely never leave because built-in accounting software, cash-flow and sales tools, and friendly loans based on your growth were just what the small business person always needed. And I was emboldened in this view by two voices. The first was the stand-out bull on Square, Dan Dolev of Nomura Instinet. Dolev was tracking downloads of payments apps to compare growth between Square's Cash App and PayPal 's (PYPL) Venmo. In January of 2019, he found that the gap between downloads grew to 4.2 million, favoring Cash App. His data showed that Square's Cash App had 45.3 million cumulative downloads, topping 41.2 million for Venmo. Dolev then modeled his expectations that the current revenue of $3 per user would continue to expand and projected that the Cash App could contribute nearly $100 million in adjusted revenue for Square by 2020. At the time, he reiterated his $110 price target on Square. Made sense to me. But the second voice didn't just make sense -- it was golden enough to make headlines. Here was my report on February 26, 2019... Square On Deck, and on Jamie's Mind SQ reports Wednesday after the close if you are not ready to face the prospect of slowing growth, you should exit beforehand. I'll be riding into the unknown to see if they keep delivering and the stock breaks out above $80. Someone else wishes he were riding the disruptive wave of "FinTech" too. And that would be one CEO of a little bank called JPMorgan. Here was the excellent story today in American Banker... JPMorgan's Dimon: Square innovated where we should have By Andy Peters February 26 2019, 4:54pm EST Jamie Dimon confessed on Tuesday to having a little bit of Square envy. During JPMorgan Chase’s yearly investor day in New York, the bank’s chairman and CEO was asked what companies could get steamrolled by his bank, which has emerged as a financial-services disruptor. JPMorgan is investing billions of dollars per year in technology and recently rolled out its own online-only bank, dubbed Finn, and is set to become the first U.S. bank to launch its cryptocurrency. But rather than answer that question directly, Dimon responded by praising a company, Square, that has done things he wishes JPMorgan Chase had done. “They came up with this little dongle to process stuff and it was a great idea,” Dimon said. Square then built off the success of its card-reader to provide other services to its business customers, such as wider variety of point-of-sale systems that allow merchants to accept cash or card payments. It also provides merchants with tablets and software that allows them to track sales patterns, inventory and other important data. “We didn’t give them that opportunity, Square did," Dimon said. Finally, Dimon lamented that Square beat JPMorgan to the punch in making online loans to small businesses. Square Capital, its online lending arm, began offering business loans in early 2014 — nearly two years before JPMorgan began making its own digital small-business loans via a partnership with fintech lender OnDeck Capital. Square "said, 'you know what, since we know this company and they might need an advance this time of the year, we might advance them $10,000 or $15,000 or $100,000,'” Dimon said. “They did all this stuff we could have done that we didn’t do.” (end of excerpt from American Banker article by Andy Peters) Click the article link above to find out more about what's on Jamie's mind concerning a "$40 trillion investments market." Fear That "Anyone Can Copy Square" As clear as Dimon's confession sounded, very few were truly listening between the lines. They must have thought he meant "Oh sure, Square got there first. But we'll catch up." But I think what his admission really meant was "This thing is going to be a monster at attracting and keeping new small business!" Here was typical analyst call that I profiled in May of 2019... Some say the Square has hit peak growth. The team at SunTrust, for instance... Square price target lowered to $65 from $75 at SunTrust: Analyst Andrew Jeffrey lowered his price target on Square to $65 to reflect its below-consensus Q2 guidance, saying that while he is positive on the company's above-average organic revenue and EBITDA growth, a "significant deceleration" may be coming. The analyst cites "robust competition in new vertical markets" that will demand Square to boost its investment levels on a structural basis and also warns that margin growth may slow as the company goes after larger retailer customers. Jeffrey kept his Hold rating on Square. And in a special report I wrote for my TAZR group titled "The Apple of FinTech" on 5/2/19 -- the day after what appeared to be another disappointing quarterly report and growth outlook -- I looked at all the worries about competition from established payments giants who were busy getting bigger with M&A... BTIG analyst Mark Palmer reiterated his "Sell" recommendation on Square this week, and other investors apparently agree as shares are down nearly 10% again. He believes that Square faces tougher competition as it vies for larger customers. Palmer points to the company's challenges in growing its total addressable market. Its initial market of "micro-merchants" is limited he thinks, so as it seeks to increase its customer base by appealing to larger sellers, Square naturally faces more competition. That's shown up in Square's Q1 gross payment volume (GPV), which fell short of Palmer's estimate, and weaker-than-expected Q2 adjusted EPS guidance. "We believe SQ’s GPV deceleration and its unusual quarterly guidance miss may indicate that competition among larger merchants may be becoming more of a headwind for the company," the analyst told investors in research note. He specifically pointed to competition from First Data, PayPal and Shopify, as well as big banks. Now, I'll admit I was emboldened when Jamie Dimon openly revealed his admiration and envy for the Square model and accomplishments in February at their Investor Day. I thought his comments knighted the brand as doing what no one else was doing. Not First Data, not PayPal -- and if Shopify wants to build their own FinTech for their merchants, it would be hard pressed to have the capabilities of Square. I didn't believe he granted Square an impenetrable moat. But he recognized how quickly the company evolved beyond a mere disruptive piece of hardware and software to an entire ecosystem of small business-friendly tools and services. Apparently, according to some analysts, the competition can race in now that the field has been plowed. But I have long believed that Square's brand and vision would capture most of that new business. And if Jack Dorsey's people aren't talking to Amazon, Ebay, Shopify, Instagram and Etsy about making their merchants lives easier, I would be very surprised. That was the big vision... that Square could become a new type of bank that captured the loyalty of the small business person with personalization, transparency, and FinTech power tools. Even in light of the big FinTech mega-mergers we've discussed here, I thought that any of these nameless, faceless old-line payment processors would want and need the Square brand to put a human face on their FinTech. Our old-line TSYS (TSS) is trying to adapt to the new world of mobile, on-demand, seamless transactions and that's why we own it. But how many small business owners "get" and intuitively trust the TSYS brand before th... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 1.78% on Friday. Reversing a 1.12% decline from Thursday, Bitcoin ended the day at $11,545.0. A bullish start to the day saw Bitcoin rise from an early morning intraday low $11,303.0 to a mid-afternoon intraday high $11,567.0. Steering clear of the major support levels, Bitcoin came within range of the first major resistance level at $11,586. A late afternoon pullback saw Bitcoin fall to sub-$11,500 levels before a final hour move back through to $11,500 levels. The near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Friday. Binance Coin slipped by 0.13% to buck the trend on the day. It was a bullish day for the rest of the majors. Monero’s XMR and EOS rallied by 5.92% and by 4.63% to lead the way. Bitcoin Cash SV (+2.42%), Cardano’s ADA (+2.01%), Ethereum (+3.18%), Litecoin (+2.28%), Ripple’s XRP (+2.59%), Stellar’s Lumen (+2.01%), and Tron’s TRX (+3.80%) also found strong support. Bitcoin Cash ABC (+0.55%) and Tezos (+1.52%) trailed the front runners on the day. In the current week, the crypto total market rose to a Monday high $360.52bn before falling to a Tuesday low $329.92bn. At the time of writing, the total market cap stood at $346.76bn. Bitcoin’s dominance fell to a Monday low 60.80% before rising to a Tuesday high 62.13%. At the time of writing, Bitcoin’s dominance stood at 61.33%. This Morning At the time of writing, Bitcoin was down by 0.19% to $11,523.0. A bearish start to the day saw Bitcoin fall from an early morning high $11,555.0 to a low $11,483.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV (+1.36%), Cardano’s ADA (+0.18%), Litecoin (+0.10%), Monero’s XMR (+0.19%), and Tron’s TRX (+0.62%) found early support. Story continues It was bearish for the rest of the majors, however. At the time of writing, Stellar’s Lumen was down by 0.68% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $11,472 to support a run at the first major resistance level at $11,640. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,600 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $11,700 before any pullback. The second major resistance level sits at $11,736. A fall through the $11,472 pivot level would bring the first major support level at $11,376 into play. Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,000 levels. The second major support level at $11,208 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: USD/JPY Weekly Price Forecast – US Dollar Continue Showing Weakness Gold Price Prediction – Prices Rise as Consumer Spending Increases Natural Gas Price Forecast – Natural Gas Markets Stall Heading Into the Weekend Natural Gas Price Prediction – Prices Slip but Trend Remains Upward Sloping Geopolitics, COVID-19 Updates, and Monetary Policy Drove the Markets Silver Price Forecast – Silver Markets Continue to Reach Towards Resistance', 'Bitcoin, BTC to USD, rose by 1.78% on Friday. Reversing a 1.12% decline from Thursday, Bitcoin ended the day at $11,545.0.\nA bullish start to the day saw Bitcoin rise from an early morning intraday low $11,303.0 to a mid-afternoon intraday high $11,567.0.\nSteering clear of the major support levels, Bitcoin came within range of the first major resistance level at $11,586.\nA late afternoon pullback saw Bitcoin fall to sub-$11,500 levels before a final hour move back through to $11,500 levels.\nThe near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day for the majors on Friday.\nBinance Coin slipped by 0.13% to buck the trend on the day.\nIt was a bullish day for the rest of the majors. Monero’s XMR and EOS rallied by 5.92% and by 4.63% to lead the way.\nBitcoin Cash SV (+2.42%), Cardano’s ADA (+2.01%), Ethereum (+3.18%), Litecoin (+2.28%), Ripple’s XRP (+2.59%), Stellar’s Lumen (+2.01%), and Tron’s TRX (+3.80%) also found strong support.\nBitcoin Cash ABC (+0.55%) and Tezos (+1.52%) trailed the front runners on the day.\nIn the current week, the crypto total market rose to a Monday high $360.52bn before falling to a Tuesday low $329.92bn. At the time of writing, the total market cap stood at $346.76bn.\nBitcoin’s dominance fell to a Monday low 60.80% before rising to a Tuesday high 62.13%. At the time of writing, Bitcoin’s dominance stood at 61.33%.\nAt the time of writing, Bitcoin was down by 0.19% to $11,523.0. A bearish start to the day saw Bitcoin fall from an early morning high $11,555.0 to a low $11,483.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBitcoin Cash SV (+1.36%), Cardano’s ADA (+0.18%), Litecoin (+0.10%), Monero’s XMR (+0.19%), and Tron’s TRX (+0.62%) found early support.\nIt was bearish for the rest of the majors, however.\nAt the time of writing, Stellar’s Lumen was down by 0.68% to lead the way down.\nBitcoin would need to avoid a fall through the pivot level at $11,472 to support a run at the first major resistance level at $11,640.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $11,600 levels.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test resistance at $11,700 before any pullback. The second major resistance level sits at $11,736.\nA fall through the $11,472 pivot level would bring the first major support level at $11,376 into play.\nBarring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,000 levels. The second major support level at $11,208 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• USD/JPY Weekly Price Forecast – US Dollar Continue Showing Weakness\n• Gold Price Prediction – Prices Rise as Consumer Spending Increases\n• Natural Gas Price Forecast – Natural Gas Markets Stall Heading Into the Weekend\n• Natural Gas Price Prediction – Prices Slip but Trend Remains Upward Sloping\n• Geopolitics, COVID-19 Updates, and Monetary Policy Drove the Markets\n• Silver Price Forecast – Silver Markets Continue to Reach Towards Resistance', 'Fed Chair Jerome Powell tried to make it seem like the end of an era, but didn’t inspire confidence in the central bank’s ability to lead in the era that comes next.\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\nThis episode is sponsored byCrypto.com,BitstampandNexo.io.\nRelated:First Mover: Huobi Takes On OKEx in Futures, Opening New Front in ‘Chinese’ Rivalry\nOn The Breakdown’s Weekly Recap, NLW looks at the shifting sands of the global economy. He says Federal Reserve Chair Jerome Powell’s speech at Jackson Hole this week was an argument that an era that began in the 1970s is now closing.\nAt the same time, he argues Powell did very little to provide a vision for what comes next. Instead, it is the alternative economic philosophies – Modern Monetary Theory on the one side,Bitcoinon the other – that are attracting people for a different vision of the future.\nSee also:Everything You Need to Know About Jerome Powell’s Jackson Hole Speech\nMonday |How Much Should We Fear Post-Crisis Debt or Inflation? Feat. Adam Tooze\nRelated:US Stocks Closing on Bigger August Gain Than Bitcoin\nTuesday |An Unintended Consequence of Low Interest Rates? The Big Get Bigger\nWednesday |The Battle to Get Dictator’s Seized Millions to 62,000 Venezuelan Health Heroes\nThursday |Everything You Need to Know About Jerome Powell’s Jackson Hole Speech\nFriday |The Anxiety Index: 4 Fear Factors Shaping the Economy\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\n• The End of an Era? Why Bitcoin and MMT Won the Week\n• The End of an Era? Why Bitcoin and MMT Won the Week', 'Fed Chair Jerome Powell tried to make it seem like the end of an era, but didn’t inspire confidence in the central bank’s ability to lead in the era that comes next.\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\nThis episode is sponsored byCrypto.com,BitstampandNexo.io.\nRelated:First Mover: Huobi Takes On OKEx in Futures, Opening New Front in ‘Chinese’ Rivalry\nOn The Breakdown’s Weekly Recap, NLW looks at the shifting sands of the global economy. He says Federal Reserve Chair Jerome Powell’s speech at Jackson Hole this week was an argument that an era that began in the 1970s is now closing.\nAt the same time, he argues Powell did very little to provide a vision for what comes next. Instead, it is the alternative economic philosophies – Modern Monetary Theory on the one side,Bitcoinon the other – that are attracting people for a different vision of the future.\nSee also:Everything You Need to Know About Jerome Powell’s Jackson Hole Speech\nMonday |How Much Should We Fear Post-Crisis Debt or Inflation? Feat. Adam Tooze\nRelated:US Stocks Closing on Bigger August Gain Than Bitcoin\nTuesday |An Uninten **Last 60 Days of Bitcoin's Closing Prices:** [9137.99, 9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-29 **Financial & Commodity Data:** - Gold Closing Price: $1964.60 - Crude Oil Closing Price: $42.97 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $209,673,742,884 - Hash Rate: 127430634.91826336 - Transaction Count: 292783.0 - Unique Addresses: 617518.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Companies to discuss crypto market infrastructure trends on joint August 5 webinar, “Building Blockchain Infrastructure: Market Maturation Issues” New York, July 28, 2020 (GLOBE NEWSWIRE) -- CrossTower , a new exchange operator founded by capital markets veterans on a mission to mainstream digital asset investing and trading, today announced quantitative digital asset hedge fund LedgerPrime as a new client. New York-based LedgerPrime, one of the most active crypto hedge funds, trades significant volumes of crypto assets on several leading derivatives and spot exchanges today, and CrossTower is now one of its preferred destinations. Founded in 2017, privately held LedgerPrime offers digital asset portfolio management, trading, investment research and data. “The addition of LedgerPrime as a client enables us to continue improving our spreads and trading volumes following our May launch,” said CrossTower Co-Founder and President Kristin Boggiano. “We’re well-aligned with LedgerPrime to support the growth of these markets by providing a high-caliber onramp for both institutional and retail traders.” LedgerPrime turned to CrossTower for its rigorous regulatory safeguards and robust technological infrastructure that hedge funds and active traders require. LedgerPrime Chief Investment Officer Shiliang Tang expects a significant pick up in interest from US institutional investors in the digital asset markets this year will continue to increase in the second half of the year, and will be supportive of Bitcoin prices in the medium to long term. “Naturally, regulated exchanges like CrossTower will play an important role in facilitating this inflow of capital,” Tang explained. “We were also attracted to CrossTower’s innovative inverted maker-taker pricing model, which we see as a crypto industry first.” Join CrossTower, LedgerPrime, and digital asset accountant and advisory firm Friedman LLC Wednesday August 5th 4pm – 5pm ET for their webinar “Building Blockchain Infrastructure: Market Maturation Issues.” Those interested can register for this free webinar here . Story continues CrossTower supports crypto-to-crypto trading in the nine most widely traded currencies: Bitcoin, Ether, LiteCoin, USDC, Bitcoin Cash, XRP, Stellar, Chainlink, Basic Attention Token and ZCash. Those interested can access the CrossTower platform here . ABOUT CROSSTOWER CrossTower is an exchange operator founded by capital markets veterans on a mission to mainstream digital asset trading and investing. We have built a multi-asset platform for institutional and individual investors with best-in-class safeguards, services and capabilities to make the next-generation financial markets a reality. CrossTower has methodically built its platform, leveraging its trading experience, technology, operational infrastructure, innovative pricing as well as regulatory and client service models, to ensure the success of the exchange at launch and well into the future. For more information, visit www.crosstower.com . ABOUT LEDGERPRIME New York-based LedgerPrime is an actively managed quantitative hedge fund deploying a market neutral, systematic investment approach targeting steady capital growth and superior risk-adjusted returns. We provide our investors a low volatility exposure to digital asset markets via quantitative and systematic strategies utilizing spot and derivative instruments. We provide consistent and predictable market liquidity in both spot and derivative instruments, ensuring high liquidity and market depth, narrow spreads, and transparent price discovery, which allow investors and participants to trade more efficiently. For more, visit www.ledgerprime.com CONTACT: Monica Van Horn CrossTower 917-446-6358 [email protected]... - Reddit Posts (Sample): [['u/Xanaxtastrophy', 'Running a Full Node', 24, '2020-08-29 01:00', 'https://www.reddit.com/r/BitcoinBeginners/comments/iihjha/running_a_full_node/', 'I’m planning on buying bitcoin in lump sums over the next few months and then hodling for decades.\n\nIs it worth running my own full node? \n\nIt seems at every turn in this process I hear about a new way that your BTC is vulnerable and will likely be lost because you aren’t doing these things. Trezor isn’t secure, only Coldcard is truly safe. Web wallets are terribly insecure because your private key is exposed, airgapped is the only way to go. And now I’m learning trusting a wallet to send a receive bitcoin is irresponsible and dangerous and you should only ever use Bitcoin with your own full node.\n\nMy plan was to buy Bitcoin on an exchange, transfer it to a hardware wallet, protect the hell out of my seed phrase, and HODL for life. Can anyone give me advice on what I should and shouldn’t be doing in that process?', 'https://www.reddit.com/r/BitcoinBeginners/comments/iihjha/running_a_full_node/', 'iihjha', [['u/bitusher', 21, '2020-08-29 01:12', 'https://www.reddit.com/r/BitcoinBeginners/comments/iihjha/running_a_full_node/g36r3ib/', '>Is it worth running my own full node?\n\n**Absolutely!**\n\nHere is why --\n\nRunning software that fully validates all the rules like - https://btcinformation.org/en/wallets/desktop/windows/bitcoincore/\n\nArchival full nodes contain the full blockchain and allow new nodes to bootstrap from them . Current blockchain size is ~300GB for an archival node\n\nPruned nodes can get down to around 5GB , and have all the same security and privacy benefits of archival nodes but need to initially download the whole blockchain for full validation before deleting it (It actually prunes as it validates)\n\nYou are only truly p2p if you are running a full node . running light clients depend upon you trusting a middleman and typically only validate block headers. Light clients are exposed to many more threats full nodes are not. There are also privacy concerns with light clients that full nodes are secure against. The whitepaper only suggests SPV "light" nodes in the context of fraud alerts(proofs) existing but thus far none exist and therefore you shouldn\'t trust large amounts of btc with a light client.\n\nThe most secure , "active" wallet would be a hardware wallet integrated with a full node . One way to do this easily is to run your own electrum server https://github.com/chris-belcher/electrum-personal-server https://www.youtube.com/watch?v=1JMP4NZCC5g and than integrate electrum wallet with your HW wallet and connect to your electrum server. A new solution is Blockstream green which works with ledger , trezor one , and trezor model T https://www.youtube.com/watch?v=nkQ_LXEuSVg\n\nThere are close to 43k full nodes on the bitcoin network .(Some sites show much lower numbers because they exclude most non listening full nodes. )\n\nHere is the stats – \n\nhttp://luke.dashjr.org/programs/bitcoin/files/charts/software.html\n\nhttp://luke.dashjr.org/programs/bitcoin/files/charts/services.html\n\nHere are all the rules that full nodes validate that light clients almost completely skip-\n\nhttps://en.bitcoin.it/wiki/Protocol_rules\n\nThin client / Psuedo SPV weaknesses\nThis is not an exhaustive list and there are many more concerns than this -\n\n1.\tAs we saw in 2017 year Garzik and segwit2x supporters were deliberately attempting to undermine pseudo-SPV nodes/light clients by imposing rule changes that users did not necessarily agree to or where even aware of . Full nodes were immune to this attack vector. light clients would simply follow the most worked chain even if they disagreed with these changes and would also lose out on their ability to claim both sides of the split thus also losing money. \n\n2.\tlight clients fail in privacy for many reasons . They are using a backend server to show you your wallet balances. This immediately links together all your wallet addresses to them. Bloom filtering SPV wallets like Bread wallet, AirBitz are however different, they don’t use a backend server, rather they are leaking information to every blockchain analysis company, who are crawling the Bitcoin network for their bloom filters. \n\n3.\tLight clients fail to validate most of these security rules https://en.bitcoin.it/wiki/Protocol_rules and therefore must trust a middleman or third party and thus can essentially be manipulated by this company and a multisig of large miners unlike full nodes. This is no longer p2p cash by definition. If you are running a full node it doesn\'t matter if 100% of the miners try and subvert the rules you agree to , they cannot force you to accept blocks or changes you don\'t agree to . It is absolutely critical we enforce and respect the rights of individual bitcoin users.\n\n4.\tVarious sybil attacks can be used in conjunction with lie by omission and say that a block isn\'t there when it actually is--a sort of denial of service attack. \n\nFurther reading on light client security assumptions -\n\n\nhttps://bitcoinj.github.io/security-model\n\nhttps://arxiv.org/pdf/1706.00916.pdf\n\nhttps://bitslog.wordpress.com/2018/06/09/leaf-node-weakness-in-bitcoin-merkle-tree-design/\n\nhttps://www.youtube.com/watch?time_continue=16148&v=UVuUZm4l-ss (Peter Todd sends himself 21 million BTC with a thin client)\n\nhttp://www.truthcoin.info/blog/fraud-proofs/', 'iihjha'], ['u/Xanaxtastrophy', 14, '2020-08-29 01:30', 'https://www.reddit.com/r/BitcoinBeginners/comments/iihjha/running_a_full_node/g36sz1e/', 'Jesus Fucking Christ I have so much to learn. Thank you for this info dump, I appreciate you taking them time. I will definitely look into this.', 'iihjha']]], ['u/[deleted]', 'The Brilliant Satoshi Nakamoto responded to Quantum Computer FUD 11 years ago', 79, '2020-08-29 03:48', 'https://www.reddit.com/r/Bitcoin/comments/iik34k/the_brilliant_satoshi_nakamoto_responded_to/', "1. “SHA-256 is very strong. It's not like the incremental step from MD5 to SHA1. It can last several decades unless there's some massive breakthrough attack.”\n2. “If SHA-256 became completely broken, I think we could come to some agreement about what the honest block chain was before the trouble started, lock that in and continue from there with a new hash function.”\n\nSource: https://bitcointalk.org/index.php?topic=191.msg1585#msg1585\n\nAnd keep in mind that this is worst case situation, as if Quantum computers came unsuspectedly years earlier- I think lamport signature or other solutions could easily be implemented before any trouble comes.", 'https://www.reddit.com/r/Bitcoin/comments/iik34k/the_brilliant_satoshi_nakamoto_responded_to/', 'iik34k', [['u/Manticlops', 21, '2020-08-29 03:58', 'https://www.reddit.com/r/Bitcoin/comments/iik34k/the_brilliant_satoshi_nakamoto_responded_to/g3782u4/', ">I think lamport signature or other solutions could easily be implemented before any trouble comes.\n\nRight, and the state of the art is evolving relatively rapidly, so it's not like we'd want to lock in a particular solution decades early.", 'iik34k'], ['u/mbrochh', 18, '2020-08-29 04:56', 'https://www.reddit.com/r/Bitcoin/comments/iik34k/the_brilliant_satoshi_nakamoto_responded_to/g37dqqv/', 'Besides, quantum computers would break all banking and government secrecy.\n\nYou can be sure that more and smarter engineers will be thrown at that problem than the Y2K bug - which turned out to be a total nothingburger in the end thanks to all the preparations.', 'iik34k'], ['u/xboox', 10, '2020-08-29 05:52', 'https://www.reddit.com/r/Bitcoin/comments/iik34k/the_brilliant_satoshi_nakamoto_responded_to/g37j1om/', 'Quantum computers (if they ever come out of the sci-fi realm) will break ECDSA (public key signing) & yes all modern ssh/ssl systems everywhere. \nSHA256 is not susceptible to QC. He was talking about some other theoretical weakness in the hashing function. And yes he suggested great workarounds.', 'iik34k']]], ['u/jonald_fyookball', 'Showerthought: Bitcoin Cash lack of governance structure in the protocol is a feature, not a bug.', 45, '2020-08-29 03:52', 'https://www.reddit.com/r/btc/comments/iik546/showerthought_bitcoin_cash_lack_of_governance/', 'Discuss.', 'https://www.reddit.com/r/btc/comments/iik546/showerthought_bitcoin_cash_lack_of_governance/', 'iik546', [['u/GiveMeYourArdMone', 10, '2020-08-29 05:00', 'https://www.reddit.com/r/btc/comments/iik546/showerthought_bitcoin_cash_lack_of_governance/g37e5ah/', "Well said. Any IFP is a bad IFP. The reason that Satoshi didn't include an IFP tax into Bitcoin was very intentional and wise.", 'iik546']]], ['u/JonBoy82', 'After reaching your BTC goal', 14, '2020-08-29 03:58', 'https://www.reddit.com/r/Bitcoin/comments/iik897/after_reaching_your_btc_goal/', "Did you change your investment strategy after reaching your BTC goal? I DCA'd to my goal and I was wondering if anyone changed their strategy after reaching theirs.", 'https://www.reddit.com/r/Bitcoin/comments/iik897/after_reaching_your_btc_goal/', 'iik897', [['u/senfmeister', 15, '2020-08-29 04:02', 'https://www.reddit.com/r/Bitcoin/comments/iik897/after_reaching_your_btc_goal/g378ke9/', 'My goal is 21,000,000.', 'iik897'], ['u/seamonster82', 10, '2020-08-29 04:12', 'https://www.reddit.com/r/Bitcoin/comments/iik897/after_reaching_your_btc_goal/g379hew/', 'Then it would be worthless', 'iik897'], ['u/seamonster82', 34, '2020-08-29 04:12', 'https://www.reddit.com/r/Bitcoin/comments/iik897/after_reaching_your_btc_goal/g379jfu/', "It's never enough. You reach your goal and want more an hour after.", 'iik897'], ['u/Manticlops', 12, '2020-08-29 04:27', 'https://www.reddit.com/r/Bitcoin/comments/iik897/after_reaching_your_btc_goal/g37aytz/', 'Unless anyone else has the same goal.', 'iik897'], ['u/xtal_00', 11, '2020-08-29 04:51', 'https://www.reddit.com/r/Bitcoin/comments/iik897/after_reaching_your_btc_goal/g37db00/', 'What am I going to do? S... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, fell by 0.46% on Saturday. Partially reversing a 1.78% gain from Friday, Bitcoin ended the day at $11,492.0. It was a mixed start to the day. Bitcoin fell to an early morning low $11,483.0 before rising to a late morning intraday high $11,606.3. Falling short of the first major resistance level at $11,640, Bitcoin slid to a late morning intraday low $11,450.0. Steering clear of the first major support level at $11,376, Bitcoin moved back through to $11,500 levels. A bearish end to the day, however, saw Bitcoin slip back to sub-$11,500 levels and into the red. The near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Saturday. Binance Coin (-0.61%), Bitcoin Cash ABC (-0.47%), Bitcoin Cash SV (-0.78%), Litecoin (-0.71%), and Monero’s XMR (-2.06%) joined Bitcoin in the red. It was a bullish day for the rest of the majors, however. Cardano’s ADA rallied by 6.34% to lead the way. EOS (+0.27%), Ethereum (+0.82%), Ripple’s XRP (+0.80%), Stellar’s Lumen (+0.59%), Tezos (+2.65%), and Tron’s TRX (+4.22%) also made gains on the day. In the current week, the crypto total market rose to a Monday high $360.52bn before falling to a Tuesday low $329.92bn. At the time of writing, the total market cap stood at $351.97bn. Bitcoin’s dominance rose to a Tuesday high 62.13% before falling to a Saturday low 60.69%. At the time of writing, Bitcoin’s dominance stood at 61.01%. This Morning At the time of writing, Bitcoin was up by 1.36% to $11,648.0. A bullish start to the day saw Bitcoin rise from an early morning low $11,480.0 to a high $11,668.4. Bitcoin broke through the first major resistance level at $11,582 early on. Elsewhere, it was also a bullish start to the day. Story continues At the time of writing, Tron’s TRX was up by 5.15% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through to sub-$11,600 levels to support a run at the second major resistance level at $11,672. Support from the broader market would be needed, however, for Bitcoin to break out from the morning high $11,668.4. Barring an extended crypto rally, the second major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $11,700 before any pullback. The third major resistance level sits at $11,829. A fall back through to sub-$11,600 levels and the $11,516 pivot would bring the first major support level at $11,426 into play. Barring an extended crypto sell-off, however, Bitcoin should avoid sub-$11,400 levels on the day. The second major support level sits at $11,360. This article was originally posted on FX Empire More From FXEMPIRE: US Stock Market Overview – Stock Rise Led by Energy Shares as Nasdaq and S&P Hit Weekly All-time Highs The Crypto Daily – Movers and Shakers – August 30th, 2020 U.S Mortgage Rates Hit Reverse. Record Low Rates Continue to Drive Buyer Demand Gold Price Prediction – Prices Rise as Consumer Spending Increases Natural Gas Price Fundamental Daily Forecast – Next Rally Hinges Upon Renewed LNG Demand Natural Gas Price Prediction – Prices Slip but Trend Remains Upward Sloping', 'Bitcoin, BTC to USD, fell by 0.46% on Saturday. Partially reversing a 1.78% gain from Friday, Bitcoin ended the day at $11,492.0.\nIt was a mixed start to the day. Bitcoin fell to an early morning low $11,483.0 before rising to a late morning intraday high $11,606.3.\nFalling short of the first major resistance level at $11,640, Bitcoin slid to a late morning intraday low $11,450.0.\nSteering clear of the first major support level at $11,376, Bitcoin moved back through to $11,500 levels.\nA bearish end to the day, however, saw Bitcoin slip back to sub-$11,500 levels and into the red.\nThe near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day for the majors on Saturday.\nBinance Coin (-0.61%), Bitcoin Cash ABC (-0.47%), Bitcoin Cash SV (-0.78%), Litecoin (-0.71%), and Monero’s XMR (-2.06%) joined Bitcoin in the red.\nIt was a bullish day for the rest of the majors, however.\nCardano’s ADA rallied by 6.34% to lead the way.\nEOS (+0.27%), Ethereum (+0.82%), Ripple’s XRP (+0.80%), Stellar’s Lumen (+0.59%), Tezos (+2.65%), and Tron’s TRX (+4.22%) also made gains on the day.\nIn the current week, the crypto total market rose to a Monday high $360.52bn before falling to a Tuesday low $329.92bn. At the time of writing, the total market cap stood at $351.97bn.\nBitcoin’s dominance rose to a Tuesday high 62.13% before falling to a Saturday low 60.69%. At the time of writing, Bitcoin’s dominance stood at 61.01%.\nAt the time of writing, Bitcoin was up by 1.36% to $11,648.0. A bullish start to the day saw Bitcoin rise from an early morning low $11,480.0 to a high $11,668.4.\nBitcoin broke through the first major resistance level at $11,582 early on.\nElsewhere, it was also a bullish start to the day.\nAt the time of writing, Tron’s TRX was up by 5.15% to lead the way.\nBitcoin would need to avoid a fall back through to sub-$11,600 levels to support a run at the second major resistance level at $11,672.\nSupport from the broader market would be needed, however, for Bitcoin to break out from the morning high $11,668.4.\nBarring an extended crypto rally, the second major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test resistance at $11,700 before any pullback. The third major resistance level sits at $11,829.\nA fall back through to sub-$11,600 levels and the $11,516 pivot would bring the first major support level at $11,426 into play.\nBarring an extended crypto sell-off, however, Bitcoin should avoid sub-$11,400 levels on the day. The second major support level sits at $11,360.\nThisarticlewas originally posted on FX Empire\n• US Stock Market Overview – Stock Rise Led by Energy Shares as Nasdaq and S&P Hit Weekly All-time Highs\n• The Crypto Daily – Movers and Shakers – August 30th, 2020\n• U.S Mortgage Rates Hit Reverse. Record Low Rates Continue to Drive Buyer Demand\n• Gold Price Prediction – Prices Rise as Consumer Spending Increases\n• Natural Gas Price Fundamental Daily Forecast – Next Rally Hinges Upon Renewed LNG Demand\n• Natural Gas Price Prediction – Prices Slip but Trend Remains Upward Sloping', 'On the Macro It’s a busy week ahead on the economic calendar , with 75 stats in focus in the week ending 4 th September. In the week prior, 47 stats had been in focus. For the Dollar: It’s yet another busy week ahead on the economic data front. In the first half of the week, the focus is on August’s ISM Manufacturing PMI and ADP nonfarm employment change figures. Following the impressive Markit survey numbers, the market’s preferred ISM survey will need to be aligned. With sensitivity to labor market conditions remaining high, expect the ADP numbers to also influence. It’s a busier 2 nd half of the week. On Thursday, the ISM Non-manufacturing PMI and weekly jobless claims figures will be key drivers. The focus will then shift to August’s non-farm payrolls and unemployment figures. Any weak numbers and expect risk aversion to sweep across the markets. The Dollar Spot Index ended the week down by 0.94% to 92.371. For the EUR : It’s a busy week ahead on the economic data front. On Tuesday, August manufacturing PMIs for Italy and Spain, and German unemployment figures are due out. Finalized PMIs for France, Germany, and the Eurozone will also draw attention. The focus will then shift to July retail sales figures for Germany on Wednesday, ahead of a busy Thursday. August’s service sector PMIs for Italy and Spain and finalized PMIs for France, Germany, and the Eurozone will also be of interest. Expect the Eurozone’s services and composite PMIs to be the key drivers, however. At the end of the week, German factory order numbers for July will also influence. Expect unemployment and retail sales figures for the Eurozone and prelim August inflation figures for member states to have a muted impact. The EUR/USD ended the week up by 0.90% to $1.1903. For the Pound: It’s a relatively quiet week ahead on the economic calendar . Finalized private sector PMIs for August are in focus in the week. Story continues Any revisions to the prelim figures need to be considered. Expect the services PMI to have the greatest influence in the week. On Friday, August’s BTC Retail Sales Monitor will also draw interest. From the Bank of England, BoE Gov. Bailey is scheduled to speak late on Thursday. The GBP/USD ended the week up by 2.00% to $1.3352. For the Loonie: It’s a busy week ahead on the economic calendar . In the early part of the week, July’s RMPI will influence on Monday. The focus will then shift to July trade figures on Thursday and August’s employment and Ivey PMI numbers on Friday. We would expect August’s employment change figure to have the greatest significance. The Loonie ended the week up by 0.59% to C$1.3099 against the U.S Dollar. Out of Asia For the Aussie Dollar: It’s a busy week ahead on the economic calendar. Early in the week, 2 nd quarter company gross operating profits, July private sector credit, and the AIG Manufacturing Index are in focus. The focus will then shift to 2 nd quarter GDP numbers on Wednesday. Finally, July trade data on Thursday and retail sales figures on Friday will also draw plenty of attention. On the economic data front, expect the GDP and retail sales figures to be the key drivers. The RBA has continued to raise uncertainty regarding consumption, which it sees as key to any economic recovery. On the monetary policy front, the RBA is also in action on **Last 60 Days of Bitcoin's Closing Prices:** [9228.33, 9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-30 **Financial & Commodity Data:** - Gold Closing Price: $1964.60 - Crude Oil Closing Price: $42.97 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $213,911,846,747 - Hash Rate: 110847196.12753049 - Transaction Count: 269114.0 - Unique Addresses: 555079.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Strange tweets sent Wednesday fromTesla Inc(NASDAQ:TSLA) CEO Elon Musk's officialTwitter(NYSE:TWTR)account and those ofApple Inc.(NASDAQ:AAPL),Uber Technologies Inc(NYSE:UBER) andMicrosoft Corporation(NASDAQ:MSFT) co-founder Bill Gates appear to be the result of a hack promoting a bitcoin scam. Musk, Obama, Biden Targeted:The tweets from Musk's account said he would double any bitcoin payments sent to a published Bitcoin address. They have since been deleted. "You know I living giving back to my community," one tweet from Musk said. "I'm doubling all BTC payments sent to my address. You send $1,000 and I will send $2,000 back!" After sharing the bitcoin address, the tweet said: "Tell your family & friends! Only going on for 30 minutes." The bitcoin address used in Musk's tweet has been used for 272 transactions at last check,according to Blockchain.com. The hacks began at about 3 p.m. Wednesday,according to CNBC, and were ongoing at the time of publication, with rapper Kanye West, Democratic presidential candidate Joe Biden and former President Barack Obama among the latest targets. "We are aware of a security incident impacting accounts on Twitter. We are investigating and taking steps to fix it. We will update everyone shortly," Twitter's support account tweeted at 5:45 p.m. Twitter shares were down 4.23% at $34.16 in Wednesday's after-hours session. Musk Targeted By Twitter Impersonators Before:Twitter often has problems with Musk impersonators responding to the CEO's tweets claiming bitcoin giveaways and other scams. But this apparent scam comes directly from Musk's verified account. Musk has posted tweets about the cryptocurrency Dogecoin in the past. Benzinga's Take:Musk has complained about Twitter's ability to control bots in the past. Now it appears hackers have gained access to Musk's account and are flooding Twitter with scam tweets. You should never send money to anyone in this manner over the internet, even when it comes from a verified account, as it is almost always a scam. Dustin Blitchok contributed to this report. Screenshot from Twitter. See more from Benzinga • Tesla To Shut Down Fremont Factory For Scheduled Upgrades • Elon Musk Posts Impressive Photo Render Of Gigafactory Berlin • Tesla Gets .1B Tax Break Approval From Travis County, Texas © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): [['u/westernmorty', 'Long term Bitcoin investment as a young person', 31, '2020-08-30 00:09', 'https://www.reddit.com/r/BitcoinBeginners/comments/ij1a6m/long_term_bitcoin_investment_as_a_young_person/', 'Hi!\n\nDo you think investing 25€ in Bitcoin every month could be one right (and “safe”) long term solution for a young person with a decent income?\n\nI want to avoid, at least for now, investing in AltCoins as they seem to be too volatile to me.\n\nThanks in advance!\n\nEdit: thanks a lot for your replies!', 'https://www.reddit.com/r/BitcoinBeginners/comments/ij1a6m/long_term_bitcoin_investment_as_a_young_person/', 'ij1a6m', [['u/bitusher', 10, '2020-08-30 00:25', 'https://www.reddit.com/r/BitcoinBeginners/comments/ij1a6m/long_term_bitcoin_investment_as_a_young_person/g3aitey/', 'This is a very sound strategy and not only will you be investing for your future but you will be training your mind to make better investment decisions rather than gambling. \n\nHere is some more advice-\n\nhttps://www.reddit.com/r/BitcoinBeginners/comments/hvr3hu/i_want_to_learn_how_to_profit_in_bitcoin/fyv0ycs/\n\nAlso its a good idea to spend and replace your Bitcoin so the money you save allows you to save even more\n\n\nhttps://stekking.com - save up to 20% by spending BTC anywhere but primarily Europe stores\n\nhttps://foldapp.com - save up to 20% Starbucks, Uber, Target , whole foods , Dunkin', 'ij1a6m'], ['u/audigex', 34, '2020-08-30 03:23', 'https://www.reddit.com/r/BitcoinBeginners/comments/ij1a6m/long_term_bitcoin_investment_as_a_young_person/g3b3ep2/', "> right\n\nMaybe. You're in a sub where people obviously think Bitcoin will definitely succeed, so you're going to get biased answers here... Bitcoin could go to $100k/each, or even more. But there's no guarantee\n\n> “safe”\n\nNo. Bitcoin is very volatile, could crash to $0, and has absolutely no guarantee of long term success\n\nThis is an unpopular opinion in Bitcoin subs but **Bitcoin investment is speculation**. Which means it's basically gambling\n\nIf you want to invest in Bitcoin, go ahead - I put some of my money in Bitcoin and will continue to do so, so obviously I think there's some chance of success... but PLEASE don't treat it as your main (or only) investment.\n\nIf you're thinking about the long term and want something safe and reliable, put at least half of your investments into the stock market (specifically, an ETF)\n\n€15/mo into the FTSEurofirst or S&P500, and €10/mo into Bitcoin? That sounds more sensible to me: over time you'll build up a holding of both, and if Bitcoin moons then you'll make good returns... but if Bitcoin crashes you'll still have some money in a sensible, decent-growth asset", 'ij1a6m'], ['u/JankySeiko', 12, '2020-08-30 03:31', 'https://www.reddit.com/r/BitcoinBeginners/comments/ij1a6m/long_term_bitcoin_investment_as_a_young_person/g3b46ta/', '> This is an unpopular opinion in Bitcoin subs\n\nYou are correct.', 'ij1a6m']]], ['u/HomeStarRunner420', 'Sorry if dumb question... cake wallet question', 10, '2020-08-30 01:48', 'https://www.reddit.com/r/darknet/comments/ij2uub/sorry_if_dumb_question_cake_wallet_question/', 'So once I exchange my btc to xmr through cake, should I then send to a local xmr wallet, or am I good to send directly to market from cake? Thanks.', 'https://www.reddit.com/r/darknet/comments/ij2uub/sorry_if_dumb_question_cake_wallet_question/', 'ij2uub', [['u/boolinj', 13, '2020-08-30 01:52', 'https://www.reddit.com/r/darknet/comments/ij2uub/sorry_if_dumb_question_cake_wallet_question/g3attzz/', 'cake to market should be fine', 'ij2uub']]], ['u/freetrade', 'A Big Thank You to Everybody Who Pledged to the Unsuccessful member.cash Flipstarter', 101, '2020-08-30 02:21', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/', "While the Flipstarter was ultimately unsuccessful in reaching only 125BCH of its 200BCH target, I want to thank everyone who pledged.\n\nThere really are two parts when you make a Flipstarter pledge - there's the cash value and there's the moral support. For different projects, these two parts will have different relative values, but for me, the moral support is a really big component of it. 'Attaboys are all well and good, but knowing that people I \nrespect and admire in the Bitcoin Cash community were prepared to put their own money up to see the project turbo-charged\nwas and remains enormously encouraging.\n\nSo while the project won't get the the boost I had hoped for, knowing that others in the community value the project and want to see it suceed has given me me additional motivation to continue.\n\nThere was a brief temptation to complete the Flipstarter from borrowed funds, but I decided against that on the grounds that it goes against the spirit of Flipstarter. Pledgers have an expectation that their funds are contributed only if others in the\ncommunity match those pledges, so the pledges are all released now. If you'd still like your pledged funds to support member.cash, you can send the BCH directly to bitcoincash:qqlx98vrupdm9gmnenwpcgy2yv4hfzktwv6raa4n3g (message me with a note for the MEMBER recognition token). I will continue on the terms outlined in the Flipstarter from whatever funds are made available.\n\nWith thanks and gratitude,\n\nFreeTrade", 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/', 'ij3d84', [['u/zquestz', 37, '2020-08-30 02:26', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3axoyn/', 'This is a great attitude and I wish you the absolute best moving forward. I will be sending my flipstarter contribution to your address shortly.', 'ij3d84'], ['u/zquestz', 26, '2020-08-30 02:47', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3azvn9/', 'Here you go:\n\nhttps://explore.cash/mainnet/tx/84bfd61f33979e1c3f53a551ef8835743b1998b86d7ab1770b3d6e16918cb071', 'ij3d84'], ['u/FerriestaPatronum', 32, '2020-08-30 04:32', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3baabv/', "Truly honorable attitude, much kudos. I wasn't a donator before but I am now. https://explorer.bitcoin.com/bch/tx/ad64b8d3afa77528bb518b229ef61c072f8a1fa5f1bce9e34a4ebf73aed5a5d7\n\nI also just signed up for member.cash: \n bitcoincash:qqs0ct7dsktyw23nvzjnpn72lmwqgexr5gaf5s4f8s\n\nWill check it out.", 'ij3d84'], ['u/CryptoStrategies', 20, '2020-08-30 05:00', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3bd1cq/', 'Sorry to hear it did not complete. I like the work you have been doing with this platform.', 'ij3d84'], ['u/freetrade', 18, '2020-08-30 05:26', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3bfjnl/', 'Thank you again Josh for your generous donation and all the support you showed throughout the campaign.', 'ij3d84'], ['u/freetrade', 16, '2020-08-30 05:27', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3bfnp7/', 'Appreciate the sentiment and the donation! Thanks!', 'ij3d84'], ['u/freetrade', 17, '2020-08-30 05:35', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3bgfg4/', 'Thank you, Hayden.', 'ij3d84'], ['u/emergent_reasons', 24, '2020-08-30 06:05', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3bj8dy/', 'Always appreciate your positive and principled attitude. Forwarded my pledge already.', 'ij3d84'], ['u/freetrade', 12, '2020-08-30 06:58', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3bnouw/', 'Thanks for the kind words and donation. Can I confirm this is you - https://member.cash/#member?qaddress=1Ab9jdpVyr5kC5WALH3p8vbSYSP8NGVNbX', 'ij3d84'], ['u/moleccc', 16, '2020-08-30 08:32', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3buj6d/', 'Hey man.\n\nA bit sad it didn\'t get funded. But thanks to your outstanding spirit, it\'s ok, I guess.\n\n> There was a brief temptation **to complete the Flipstarter from borrowed funds**, but I decided against that on the grounds that it goes against the spirit of Flipstarter.\n\n(emphasis mine)\n\nI thought about this before and I thought about it again now and my conclusion remains: **No, it doesn\'t go against the spirit of flipstarter**: it\'s essentially like saying: ok, there\'s not enough monetary support but I still want to do this, so I\'m going to accept the funding provided so far and contribute the rest (in the form of work or whatever is the subject of the flipstarter) myself. I don\'t think that\'s in any way unethical or against the spirit of flipstarter as long as you still feel obligated to the same extent to fulfill your part of the agreement. Doesn\'t really matter who funds it, even if part of the funding is contributed by the owner of the project himself (in form of money or work doesn\'t matter, boils down to the same thing), does it?\n\nAnother comparison to use in order to understand why partly self-funding a flipstarter is not illegitimate is to look at it like a negotiation. The contributors successfully negotiated the price down by something like 35% (guesstimeate, too lazy to calc). **Had you self-funded that part it would mean that the agreement still made sense to you even at that lower price. The contributors would still get what they paid for: your commitment.** I fail to see the problem.\n\nOn the other hand one can probably assume that not everyone shares this view and so I can understand why you didn\'t self-fund the remainder.\n\nAnyway, I forwarded part of my contributions (~50%, 10 BCH, https://blockchair.com/bitcoin-cash/transaction/d33d03889bcb2b833e187fe137960efa4fd155b0e6caf442f36cdfa0d178efe4) to your donation address (my ID inside OP_... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 2.07% on Sunday. Reversing a 0.46% decline Saturday, Bitcoin ended the week up by 0.57% to $11,730.0. It was a bullish start to the day. Bitcoin rallied from an early morning intraday low $11,480.0 to a late afternoon high $11,721.0. Bitcoin broke through the first major resistance level at $11,582 and the second major resistance level at $11,672. Late in the day, Bitcoin fell back to $11,620 levels before breaking back through the second major resistance level at $11,672. The late recovery saw Bitcoin strike an intraday high $11,730 in the final hour. The near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day for the majors on Sunday. Ethereum (+7.62%), Litecoin (+10.45%), and Tron’s TRX (+8.65%) led the way. Binance Coin (+2.87%), Bitcoin Cash ABC (+3.25%), Bitcoin Cash SV (+3.32%), EOS (+4.20%), Monero’s XMR (+3.86%), and Ripple’s XRP (+3.28%) also made solid gains. Cardano’s ADA (+0.96%), Stellar’s Lumen (+2.01%), and Tezos (+1.13%) trailed the front runners. For the week, it was a mixed bag for the majors, however. Binance Coin (+8.00%), Bitcoin Cash SV (+1.11%), Ethereum (+9.73%), Litecoin (+3.76%), Monero’s XMR (+6.38%), and Tron’s TRX (+11.05%) joined Bitcoin in the green. It was a bearish week for the rest of the majors. Bitcoin Cash ABC (-1.78%), Cardano’s ADA (-3.48%), EOS (-1.92%), Ripple’s XRP (-0.62%), Stellar’s Lumen (-4.55%), and Tezos (-3.75%) saw red. In the week, the crypto total market fell to a Thursday low $329.40bn before rising to a Sunday high $359.74bn. At the time of writing, the total market cap stood at $357.31bn. Bitcoin’s dominance rose to a Thursday high 62.28% before falling to a Sunday low 60.17%. At the time of writing, Bitcoin’s dominance stood at 60.54%. Story continues This Morning At the time of writing, Bitcoin was up by 0.04% to $11,735.0. A mixed start to the day saw Bitcoin fall to an early morning low $11,713.0 before striking a high $11,744.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV (-0.77%), EOS (-0.24%), and Ethereum (-0.71%) saw red early on. It was a bullish start for the rest of the majors. At the time of writing, Tezos was up by 0.73% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $11,647 pivot level to support a run at the first major resistance level at $11,813. Support from the broader market would be needed, however, for Bitcoin to break out from this morning’s high $11,744.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, the second major resistance level at $11,897 and resistance at $12,000 would likely be tested. A fall through the $11,647 pivot would bring the first major support level at $11,563 into play. Barring an extended crypto sell-off, however, Bitcoin should avoid sub-$11,500 levels on the day. The second major support level sits at $11,397. This article was originally posted on FX Empire More From FXEMPIRE: The Federal Reserve vs. Judy Shelton And Gold Natural Gas Price Fundamental Daily Forecast – Next Rally Hinges Upon Renewed LNG Demand Price of Gold Fundamental Daily Forecast – Lack of Clarity from Fed Over Policy Shift May Underpin Prices AUD/USD and NZD/USD Fundamental Daily Forecast – Pro-Risk Aussie, Kiwi Should Benefit from Accommodative Fed Oil Price Fundamental Daily Forecast – US Oil Industry Dodges Widespread Damage to Platforms and Refineries AUD/USD Forex Technical Analysis – Inside ‘Window of Time’ for Closing Price Reversal Top', 'Bitcoin, BTC to USD, rose by 2.07% on Sunday. Reversing a 0.46% decline Saturday, Bitcoin ended the week up by 0.57% to $11,730.0. It was a bullish start to the day. Bitcoin rallied from an early morning intraday low $11,480.0 to a late afternoon high $11,721.0. Bitcoin broke through the first major resistance level at $11,582 and the second major resistance level at $11,672. Late in the day, Bitcoin fell back to $11,620 levels before breaking back through the second major resistance level at $11,672. The late recovery saw Bitcoin strike an intraday high $11,730 in the final hour. The near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day for the majors on Sunday. Ethereum (+7.62%), Litecoin (+10.45%), and Tron’s TRX (+8.65%) led the way. Binance Coin (+2.87%), Bitcoin Cash ABC (+3.25%), Bitcoin Cash SV (+3.32%), EOS (+4.20%), Monero’s XMR (+3.86%), and Ripple’s XRP (+3.28%) also made solid gains. Cardano’s ADA (+0.96%), Stellar’s Lumen (+2.01%), and Tezos (+1.13%) trailed the front runners. For the week, it was a mixed bag for the majors, however. Binance Coin (+8.00%), Bitcoin Cash SV (+1.11%), Ethereum (+9.73%), Litecoin (+3.76%), Monero’s XMR (+6.38%), and Tron’s TRX (+11.05%) joined Bitcoin in the green. It was a bearish week for the rest of the majors. Bitcoin Cash ABC (-1.78%), Cardano’s ADA (-3.48%), EOS (-1.92%), Ripple’s XRP (-0.62%), Stellar’s Lumen (-4.55%), and Tezos (-3.75%) saw red. In the week, the crypto total market fell to a Thursday low $329.40bn before rising to a Sunday high $359.74bn. At the time of writing, the total market cap stood at $357.31bn. Bitcoin’s dominance rose to a Thursday high 62.28% before falling to a Sunday low 60.17%. At the time of writing, Bitcoin’s dominance stood at 60.54%. Story continues This Morning At the time of writing, Bitcoin was up by 0.04% to $11,735.0. A mixed start to the day saw Bitcoin fall to an early morning low $11,713.0 before striking a high $11,744.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV (-0.77%), EOS (-0.24%), and Ethereum (-0.71%) saw red early on. It was a bullish start for the rest of the majors. At the time of writing, Tezos was up by 0.73% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $11,647 pivot level to support a run at the first major resistance level at $11,813. Support from the broader market would be needed, however, for Bitcoin to break out from this morning’s high $11,744.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, the second major resistance level at $11,897 and resistance at $12,000 would likely be tested. A fall through the $11,647 pivot would bring the first major support level at $11,563 into play. Barring an extended crypto sell-off, however, Bitcoin should avoid sub-$11,500 levels on the day. The second major support level sits at $11,397. This article was originally posted on FX Empire More From FXEMPIRE: The Federal Reserve vs. Judy Shelton And Gold Natural Gas Price Fundamental Daily Forecast – Next Rally Hinges Upon Renewed LNG Demand Price of Gold Fundamental Daily Forecast – Lack of Clarity from Fed Over Policy Shift May Underpin Prices AUD/USD and NZD/USD Fundamental Daily Forecast – Pro-Risk Aussie, Kiwi Should Benefit from Accommodative Fed Oil Price Fundamental Daily Forecast – US Oil Industry Dodges Widespread Damage to Platforms and Refineries AUD/USD Forex Technical Analysis – Inside ‘Window of Time’ for Closing Price Reversal Top', 'Bitcoin rose by 0.57% in the week ending 30thAugust. Following a 2.19% slide from the previous week, Bitcoin ended the week at $11,730.0.\nIt was a bullish start to the week. Bitcoin rose to a Monday intraweek high $11,847.0 before hitting reverse.\nFalling short of the first major resistance level at $12,305 Bitcoin slid to a Tuesday intraweek low $11,137.0.\nBitcoin fell through the first major support level at $11,205, Bitcoin a moving back through to $11,700 levels on Sunday.\n4 days in the green that included a 2.07% gain on Sunday delivered the upside for the week.\nBitcoin would need to avoid a fall through $11,571 pivot to support a run the first major resistance level at $12,006.\nSupport from the broader market would be needed for Bitcoin to break out from last week’s high $11,847.\nBarring an extended crypto rally, the first major resistance level and last week’s high would likely cap any upside.\nIn the event of a breakout, Bitcoin could test the second major resistance level at $12,281. Expect plenty of resistance at $12,000, however.\nFailure to avoid a fall through the $11,571 pivot would bring the first major support level at $11,296 into play.\nBarring an extended sell-off, Bitcoin should avoid sub-$11,000 and the second major support level at $10,861.\nIn the event of a sell-off, expect support at $10,500 to be tested in the week.\nAt the time of writing, Bitcoin was down by 0.02% to $11,727.2. A mixed start to the week saw Bitcoin fall to an early Monday morning low $11,713.0 before rising to a high $11,744.0.\nBitcoin left the major support and resistance levels untested at the start of the week.\nEthereum rose by 9.73% in the week ending 30thAugust. Reversing a 9.87% slide from the previous week, Ethereum ended the week at $428.94.\nA bullish start to the week saw Ethereum rise to a Monday high $411.97 hitting reverse.\nFalling well short of the first major resistance level at $432.00, Ethereum slid to Tuesday intraweek low $369.36.\nEthereum steered clear of the 23.6% FIB of $367 and the first major support level at $364 in the pullback.\nFinding support in the latter part of the week, Ethereum struck a Sunday intraweek high $429.90 before easing back. In spite of the rally, Ethereum came up short of the first major resistance level at $432 **Last 60 Days of Bitcoin's Closing Prices:** [9123.41, 9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-08-31 **Financial & Commodity Data:** - Gold Closing Price: $1967.60 - Crude Oil Closing Price: $42.61 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $213,911,846,747 - Hash Rate: 130921885.1899966 - Transaction Count: 302920.0 - Unique Addresses: 662241.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin traders are hitting the sell button Friday while the ether options market loads up on lower prices. Bitcoin (BTC) trading around $11,674 as of 20:00 UTC (4 p.m. ET). Slipping 1.4% over the previous 24 hours. Bitcoin’s 24-hour range: $11,605-$11,892. BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians. Read More: Bitcoin Options Open Interest Nears All Time High After holding around $11,800 Thursday into Friday, bitcoin started to slide downward around 08:00 UTC (4 a.m. ET), dropping to a 24-hour low of $11,605. Spot volumes were lower to cap off the workweek. It was $138 million on major spot USD/BTC exchange Coinbase, lower than its $179 million average over the past month. Related: Canadian Software Startup Puts 40% of Cash Reserves Into Bitcoin Over-the-counter crypto trader Henrik Kugelberg expects a bullish, if not record, fourth quarter ahead for bitcoin, even if the number of sluggish market days pile up. “I expect a slower curve but would not be surprised if we reach a $15,000 BTC in October and somewhere around $18,000-$20,000 at year end.” Kugelberg points to the uncertain economy as giving people reason to swap fiat for crypto investments. “There’s the falling value of the dollar to be priced in; we have not seen the end of the dollar’s fall that is for sure,” he added. Indeed, while the U.S. Dollar Index, a measure of the greenback’s strength versus a basket of other fiat currencies, is up 0.52% Friday, it’s still at lows not seen since June 2018. In the bitcoin options market, Neil Van Huis, director of sales and institutional trading at liquidity provider Blockfills, noted volatility decreased  this week. Bitcoin’s at-the-money implied volatility, which is a metric to forecast movement in prices, has dropped from 71% Monday to 59% Friday. “Looks like some normalization of volatile trading as of late,” Van Huis said. Opportunities in Ethereum-powered DeFi are taking some traders’ focus away from the bitcoin market, Kugelbrg told CoinDesk. “The crypto community is in a total FOMO to DeFi-related altcoins,” said Kugelberg. “I believe the run-up for bitcoin may be slower than expected and fueled by retail sales to newcomers wanting a somewhat steadier haven.” Related: Ether Volatility Now Highest in Six Months Compared With Bitcoin’s Read More: Barstool’s Dave Portnoy Is Bad at Trading Cryptocurrency Ether options market bearish Ether (ETH) was down Friday, trading around $399 and slipping 3.8% in 24 hours as of 20:00 UTC (4:00 p.m. ET). Story continues Read More: Tron Loses 23% of Its $4.3B USDT Reserves to DeFi Hotbed Ethereum The ether options market is predicting prices by the end of 2020 won’t be much higher than they are now for the world’s second-largest cryptocurrency. December 20 maturities only give ether a 25% chance of being over $520, a 38% probability of being over $420 and a 41% chance of being over $400, according to data aggregator Skew. Despite the probabilities, Jean-Marc Bonnefous, managing partner for Tellurian Capital, which has been investing in crypto projects since 2014, is still bullish on ether. He doesn’t see Ethereum’s fundamental issues, such as fees constraining the network , as anything but a speed bump on the fast-moving DeFi highway. “Structurally, no,” said Bonnefous. “But short term, ether needs a new trigger to go higher.” Read More: INX Crypto Exchange to Launch $117M IPO Next Week Other markets Digital assets on the CoinDesk 20 are mixed Friday. Notable winners as of 20:00 UTC (4:00 p.m. ET): 0x (ZRX) + 26.2% lisk (LSK) + 13.5% qtum (QTUM) + 6.2% Read More: 0x Price Hits Two-Year High on Hopes Falling Ethereum Fees Spur Trading Notable losers as of 20:00 UTC (4:00 p.m. ET): chainlink (LINK) – 9.3% tezos (XTZ) – 8.2% tron (TRX) – 6.5% Read More: ETC Labs Rolls Out Fixes to Thwart Further 51% Attacks Equities: In Asia the Nikkei 225 closed in the green 0.17% as manufacturing- and tech-sector stock gains boosted the index . In Europe, the FTSE 100 ended the day slipping 0.27% as the U.K.’s debt amid the current economic crisis reached a record £2 trillion . The United States’ S&P 500 gained 0.30% as better-than-expected quarterly results from Deere and Foot Locker led optimism . Read More: These Illicit SIM Cards Are Making Hacks Like Twitter’s Easier Commodities: Oil is down 1.1%. Price per barrel of West Texas Intermediate crude: $42.24. Gold was in the red 0.40% and at $1,938 as of press time. Read More: US Congressman Tom Emmer Will Accept Crypto Donations for Reelection Treasurys: U.S. Treasury bonds were mixed Friday. Yields, which move in the opposite direction as price, were up most on the two-year, in the green 2.8%. Read More: Firms Say First Automated, AML-Compliant Bitcoin Transfer Completed Related Stories Market Wrap: Bitcoin Dips to $11.6K, ETH Options Predict Price Below $400 by End of Year Market Wrap: Bitcoin Dips to $11.6K, ETH Options Predict Price Below $400 by End of Year View comments... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['The 21Shares Bitcoin & Ethereum Product list on the official ‘Regulated’ Market of the Vienna Stock Exchange 1 September 2020 - Vienna | Zurich - Wiener Börse, the Vienna Stock Exchange, becomes the 3rd exchange venue globally to admit a Bitcoin Product on its official “regulated’ market segment. Following the admission to listing on Deutsche Boerse XETRA in July 2020, Swiss-based ETP issuer 21Shares AG has now brought the first Bitcoin and Ethereum Products to the official market on the Austrian exchange bringing more security, transparency and cost-effective access to investors seeking exposure to this alternative asset class. Starting effectively from 1 st September 2020 the 21Shares Bitcoin ETP ( ABTC - WKN A2T64E - Ticker 21XB) and the 21Shares Ethereum ETP ( AETH - WKN A2T68Z - Ticker 21XE) can be traded on the official market of the Vienna Stock Exchange. As a result of the listing on the Vienna Stock Exchange, the largest exchange in each of the three DACH (Germany, Austria and Switzerland) countries has now admitted a Bitcoin ETP. This achievement further demonstrates institutional - and more importantly regulatory - acceptance of this emerging digital asset class. The two products ABTC and AETH are passported into Austria and authorized for distribution for both retail and institutional investors using a familiar and widely accepted financial structure. “We are happy to share that Bitcoin is now accessible everywhere for both retail as well as institutional investors across the entire DACH region.” Hany Rashwan , CEO at 21Shares AG , says. “We started with the Swiss market due to our home roots and having a crypto-friendly landscape. In July 2020, we entered the German market by listing ABTC on Deutsche Boerse XETRA. This listing in Austria now gives all German-speaking countries easy exposure to this asset class. Outside the DACH region, no other jurisdiction globally provides such comprehensive and ample access to Bitcoin.” Story continues “With this important listing, the Vienna Stock Exchange is expanding its selection of asset classes. Experienced, local investors can now benefit from the stock market advantages in crypto trading: Monitored, regulated and transparent trading with real-time information and secure settlement via their regular brokers account," says Thomas Rainer , Head of Business Development at Wiener Börse . 21Shares AG is one of Europe’s most innovative startups, pioneering the mainstream adoption of digital assets via a sophisticated ETP structure familiar to many who have a demand to invest in assets classes such as precious metals or commodities. The growth of the crypto currency market is reflected in 21Shares’ growth in Assets under Management which has seen its assets surpass USD 100 million in less than two years. About 21Shares 21Shares makes investing in crypto assets as easy as buying shares using your conventional broker or bank. Investors can invest in cryptocurrencies using a conventional ETP structure (or tracker) easily, with total confidence and security, cost effectively thanks to the 21Shares suite of ETPs launched by 21Shares and now composed of 11 Crypto ETPs : the 21Shares Crypto Basket Index ETP (HODL:SW), 21Shares Bitcoin (ABTC:SW), 21Shares Ethereum (AETH:SW), 21Shares XRP (AXRP:SW), 21Shares Bitcoin Cash ETP (ABCH:SW), 21Shares Binance ETP (ABNB:SW), 21Shares Tezos ETP (AXTZ:SW), 21shares Bitcoin Suisse ETP (ABBA:SW), 21Shares Bitwise 10 ETP (KEYS:SW), Sygnum Platform Winners Index ETP (MOON:SW) and 21Shares Short Bitcoin ETP (SBTC:SW). The entire suite is listed on a regulated framework on the official market of Deutsche Boerse, SIX Swiss Exchange, BX Swiss and some on Boerse Stuttgart in CHF, USD, GBP and EUR respectively. Founded in 2018, 21Shares is led by a team of talented serial entrepreneurs and experienced banking professionals from the technology and financial world. Incorporated in Zug, with offices in Zurich and New York, the company has launched several world firsts, including the first listed crypto index (HODL) in November 2018. 21Shares has 11 crypto ETPs listed today and has over $100 million in total listed AuM. Press Contact Laurent Kssis +41 44 260 86 60 [email protected] Disclaimer This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful. This document does not constitute an offer of securities for sale in or into the United States, Canada, Australia or Japan.This document does not constitute an offer to sell, or a solicitation of an offer to purchase, any securities in the United States. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States.This document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"); or (iv) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (v) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The Securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. In any EEA Member State (other than the Austria, Belgium, Denmark, Finland, France, Germany, Great Britain, Ireland, Italy, Luxembourg, Malta, the Netherlands, Norway, Spain and Sweden) that has implemented the Prospectus Regulation (EU) 2017/1129, together with any applicable implementing measures in any Member State, the "Prospectus Regulation") this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Regulation. Exclusively for potential investors in Austria, Belgium, Denmark, Finland, France, Germany, Great Britain, Ireland, Italy, Luxembourg, Malta, the Netherlands, Norway, Spain and Sweden the 2019 Base Prospectus (EU) is made available on the Issuer’s website under www.21Shares.com . The approval of the 2019 Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the 2019 Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities. You are about to purchase a product that is not simple and may be difficult to understand. This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction.This document constitutes advertisement within the meaning of the Swiss Financial Services Act (the "FinSA") and not a prospectus. In accordance with article 109 of the Swiss Financial Services Ordinance, the Base Prospectus dated 13 November 2019, as supplemented from time to time (the "Base Prospectus") and the final terms for SBTC dated 22 January 2020 (the "Final Terms", and together with the Base Prospectus, the "Prospectus") have been prepared in compliance with articles 652a and 1156 of the Swiss Code of Obligations, as such articles were in effect immediately prior to the entry into effect of the FinSA, and the Listing Rules of the SIX Swiss Exchange in their version in force as of January 1, 2020. Consequently, the Prospectus has not been and will not be reviewed or approved by a Swiss review body pursuant to article 51 of the FinSA, and does not comply with the disclosure requirements applicable to a prospectus approved by such a review body under the FinSA. Copies of the Prospectus are available free of charge from the website of the Issuer. Subject to applicable securities laws, the Base Prospectus and the final terms of any product mentioned herein can be obtained from 21Shares AG on the website. Copies of this document may not be sent to jurisdictions, or distributed in or sent from jurisdictions, in which this is barred or prohibited by law. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, in any jurisdiction in which such offer or solicitation would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any jurisdiction.', 'The 21Shares Bitcoin & Ethereum Product list on the official ‘Regulated’ Market of the Vienna Stock Exchange 1 September 2020 - Vienna | Zurich - Wiener Börse, the Vienna Stock Exchange, becomes the 3rd exchange venue globally to admit a Bitcoin Product on its official “regulated’ market segment. Following the admission to listing on Deutsche Boerse XETRA in July 2020, Swiss-based ETP issuer 21Shares AG has now brought the first Bitcoin and Ethereum Products to the official market on the Austrian exchange bringing more security, transparency and cost-effective access **Last 60 Days of Bitcoin's Closing Prices:** [9087.30, 9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-01 **Financial & Commodity Data:** - Gold Closing Price: $1968.20 - Crude Oil Closing Price: $42.76 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $221,698,609,209 - Hash Rate: 134413135.46172985 - Transaction Count: 376508.0 - Unique Addresses: 795329.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: I attribute my early interest in bitcoin to my six years as a correspondent in Argentina. The lesson I took from that country’s repeated financial meltdowns is that any fiat monetary system requires a bedrock of trust in the nation’s governing institutions. When people don’t trust their government, the system is always prone to collapse. It wasn’t until I discoveredbitcoin, four years after my 2009 departure from Buenos Aires, that I understood this clearly. I’d been well aware of Argentines’ lack of trust in government – the local commentariat endlessly talked of their leaders’ corruption. But only after learning of how bitcoin’s decentralized cryptographic protocol allowed users to transactwithouthaving to trust centralized intermediaries did I see the connection between that trust deficit and Argentina’s financial dysfunction. Related:The Fourth Era of Blockchain Governance You’re readingMoney Reimagined, a weekly look at the technological, economic and social events and trends that are redefining our relationship with money and transforming the global financial system. You can subscribe to this and all of CoinDesk’snewsletters here. Argentina is by no means alone in this problem. But as its governmentfinalizes yet another bond restructuringdeal with investors, this time to write down $65 billion in foreign debt, and with its perpetually volatile economy facingits worst contraction ever, it’s worth exploring this more deeply. Now, more than ever, Argentina’s failures offer a cautionary tale, especially for the U.S. And with speculation growing over changes to the global financial system, cryptocurrency and blockchain models could help us design systems more resilient to this kind of failure. Note, this isnota “bitcoin fixes this” essay. Believing that bitcoin alone will save all Argentines – or Turks, Venezuelans or Filipinos – is, as Coinshares Chief Strategy Officer Meltem Demirorsnoted this week, naive and offensive. This hard-to-use technology is no silver bullet for the root causes of economic destitution. Related: Nonetheless, bitcoin’s decentralized blockchain-based system for exchange and record-keeping is a valuable frame of reference for assessing existing monetary governance and for thinking about alternatives. To paraphrase Marc Hochstein, CoinDesk’s executive editor (and last week’s replacement author of this newsletter), “blockchain doesn’t have all the answers, but it asks the right questions.” To understand how Argentina’s financial system failed and the potential of a decentralized alternative, we must first review the history of money itself, the power structures it fosters, and the friction it creates. For the past 5,000 years, money has been closely associated with the idea of “the sovereign,” by which we essentially mean “the ruler.” Different communities have used different currencies – from wampum in the early American colonies to cigarettes in prisons – but it’s the ones issued by monarchs and state governments that dominate. That’s because of the sovereign’s unique power to mandate which currencies are legal tender and accepted in payment of taxes. In the 20th century, as the nation-state became entrenched as the core realm of political power, national governments cemented their quasi-monopolies as issuers of legal tender currencies. This was done in coordination with banks, to which they granted exclusive access to central bank reserves, treating them as agents for generating, distributing and circulating money. But while governments and their agent bankers could guarantee their currency’s dominance, they couldn’t control its value among users, who always found ways to sell an unwanted national currency for something of more lasting value: gold, or foreign currencies, or goods they’d stockpile before inflation eroded their purchasing power. They would seek fiat alternatives when governments exploited their unique currency-issuing powers to pursue their own self interests. Rigidly fixed currency regimes, such as the gold standard or Argentina’s 1990s dollar-pegged currency board, offer some protection against that risk. They’re intended as a policy straitjacket to prevent a government from abusing its citizens’ trust. Yet, the state’s power ultimately supersedes this straitjacket, as President Richard Nixon demonstrated by abandoning the dollar’s gold peg in 1971 and as Argentine President Eduardo Duhalde did by ending the Argentine peso’s dollar peg in 2001. Sovereign power is absolute. Let’s learn from Argentina’s tragedy to design a universal system that crowns the ‘sovereign self.’ At the end of the day, a currency’s viability hinges on the degree of trust people hold in their government. One could argue the United States’ relatively solid economic performance since 1971 and Argentina’s disastrous experiences over the same period reflect the comparative degree of institutional trust in each country’s system of government. (One could also argue the distinction between the two countries has narrowed dramatically in recent times.) In Argentina, the trust breakdown manifests as financial and economic volatility, much like anywhere else that’s prone to such boom-bust cycles. Such countries’ financial systems serve the interests of speculators, not their people.  Short-sellers swarm in to sell stocks and bonds during a downturn, prompting governments to take drastic measures to stem the outflow of funds – such as the many times Argentina has limited bank withdrawals and transfers in failed bids to protect the peso, only to paralyze its payments system. Eventually, the country’s assets reach oversold levels – when a deal is done with bondholders, for example – which is when speculators return as “vulture funds” buying “distressed debt” to ride the inevitable rebound. It’s a dirty game, but they’re not the root of the problem. This system stems from an original sin: the government’s breach of its people’s trust. Unlike many hard-money bitcoiners, I don’t think the answer to these problems is to impose a hard limit on money supply. I’m not saying bitcoin isn’t valuable; on the contrary, its strict issuance regime gives it “digital gold” qualities that offer a powerful hedge against breaches of governmental trust. It’s just that deflationary currencies, as Argentina’s 1990s currency board showed, often serve solely the interests of savers. In times of economic contraction, economies need money that consumers and investors will put to work rather than HODL. (I see Crypto Twitter’s rage tweets coming at me already.) What solution, then, do bitcoin and other blockchain solutions offer to the “Argentine problem?” It lies, I think, in their radical new model of governance, one that turns the trust problem over to an open-source algorithm whose rules are defined by a permissionless network, a system whose rules Nixon could never have overridden. It’s not, per se, that bitcoin’s rules project a fixed 21-million coin supply 100 years from now, but that the rules themselves – whatever the community agrees to – cannot be changed by a centralized power. What we’re talking about is a different concept of “the sovereign.” This is about not having to trust Richard Nixon, Eduardo Duhalde, the Federal Reserve’s Jerome Powell or Jamie Dimon of JPMorgan. It’s about empowering us to choose what currency or system we want for our wellbeing or to exchange value with others. Whether we choose bitcoin, the dollar, gold, a stablecoin, or some other blockchain model, what most matters is the very freedom to choose. We need a system of choice that leaves those in power beholden to the choices of the individuals they deign to rule. Amid so much discussion about the future of the financial system,with even Goldman Sachs questioning the future of the dollar’s hegemony, let’s learn from Argentina’s tragedy to design a universal system that crowns the “sovereign self.” By Galen Moore, CoinDesk Senior Research Analyst The world got a demonstration of bitcoin’s transparency recently, when a hacker took over the Twitter accounts of powerful individuals and companies, and used them to solicit bitcoin with a scam charity appeal. Crypto forensics experts and analysts, CoinDesk included, watched the hacker’s funds, analyzing their sources and where they were transferred. So-called privacy coins aim to shield crypto transactions from that kind of scrutiny. Three of them –dash,moneroandzcash– feature in theCoinDesk 20, a list of assets that show consistent market impact via consecutive quarters of verifiable trading volume. Bitcoin is the highest-volume asset in the CoinDesk 20 and the next-most heavily traded assets often exceed it in returns. This past week’s run-up is no exception. The privacy coins are standouts, in that their volumes are often in the bottom half of the ranking, but two out of the three are in the top five by returns, year-to-date. There’s little evidence the Twitter hack drove particular interest in privacy coins, but so far in 2020, the three coins with a privacy value proposition have punched above their weight. CoinDesk Research’sJuly Reviewhas more on privacy coin volatility and correlations. We’ll continue tracking these projects over the summer. GOLDEN MOMENT.The crypto world got excited this week by a resurgence in bitcoin and ether prices. As we went to print, BTC was testing $12,000 with a shot at its levels not seen since the great boom-bust of 2017-2018, andETH, following a massive run-up from a bottom around $80 in early May, was toying with $400 and trading at its loftiest level since this time two years ago. But for the “normies,” surely this week’s historic market story belonged to gold. The price of the precious metalreached its highest level ever this week, surpassing $2,000 per ounce. This is a big deal, people. I’m no gold bug. I believe bitcoin is a better substitute for scarcity in the digital age and I think a functional currency should have malleability in its supply function, which... - Reddit Posts (Sample): [['u/christandcarrots', "Maybe I'll never achieve 3 Bitcoin?", 12, '2020-09-01 00:11', 'https://www.reddit.com/r/Bitcoin/comments/ik7tuk/maybe_ill_never_achieve_3_bitcoin/', 'It has been about a year since I posted my previous progress to 1 bitcoin:\n\n [my road to 1 bitcoin](https://www.reddit.com/r/Bitcoin/comments/9f90u4/my_1_year_history_and_road_to_1_bitcoin/) \n\nI\'ve been trying since this time to get another coin but haven\'t made it quite yet. Prices I purchased at since my last post, ordered from low to high price:\n\n$6300\n\n$6900 (biggest transaction by dollar amt in 2020)\n\n$7200\n\n$7500\n\n$8800\n\n$9300\n\n$11,700 (yes I bought again today which made me think of posting this)\n\nI lost my job when Bitcoin dived in price in March-April so I was too gun-shy to add to my holdings for a big chunk of the Covid times. Now that the 2020 price range has been over say $7K much of the time, my DCA purchases don\'t go as far. I try to scrape up at least $300-$500 or so before I buy but I have managed to make one-time purchases of up to $1,500 or so a couple of times this year. Luckily I made one of those at about the $6900 mark so I feel good about that.\n\nJust wondering if anyone else frets over this kind of Bitcoin price velocity and despairs of ever having even one (or one more) "whole coin" -- Not that whole coins matter, even, but sometimes I get panicky and think maybe I should liquidate everything I can get my hands on to get 1 more coin. \n\nJust sharing my bitcoin FOMO and paranoia with you all, for your entertainment.', 'https://www.reddit.com/r/Bitcoin/comments/ik7tuk/maybe_ill_never_achieve_3_bitcoin/', 'ik7tuk', [['u/bradley_cohen', 14, '2020-09-01 00:59', 'https://www.reddit.com/r/Bitcoin/comments/ik7tuk/maybe_ill_never_achieve_3_bitcoin/g3izfub/', "Just know that it wouldn't matter how many you have - that feeling doesn't go away.\n\nIf you had 2845 BTC you would want 2846 BTC.", 'ik7tuk']]], ['u/Holdmydicks', 'Looking for a good site where I can place bets while living in California', 10, '2020-09-01 02:36', 'https://www.reddit.com/r/sportsbook/comments/ika9ir/looking_for_a_good_site_where_i_can_place_bets/', 'Also, is it better to go through bitcoin for deposits and withdrawals, or does anyone have any better options?', 'https://www.reddit.com/r/sportsbook/comments/ika9ir/looking_for_a_good_site_where_i_can_place_bets/', 'ika9ir', [['u/Hiplobster123', 12, '2020-09-01 03:05', 'https://www.reddit.com/r/sportsbook/comments/ika9ir/looking_for_a_good_site_where_i_can_place_bets/g3jduhx/', 'Bovada, that’s what I use in California', 'ika9ir']]], ['u/beastmanus', 'Bitcoin in a third world Country?', 28, '2020-09-01 05:14', 'https://www.reddit.com/r/BitcoinBeginners/comments/ikcoj7/bitcoin_in_a_third_world_country/', "I'm a complete newbie in Bitcoin and plan to invest after some research, But is it profitable to invest in a third world country or the country doesn't affect Bitcoin?", 'https://www.reddit.com/r/BitcoinBeginners/comments/ikcoj7/bitcoin_in_a_third_world_country/', 'ikcoj7', [['u/TPK001', 21, '2020-09-01 05:24', 'https://www.reddit.com/r/BitcoinBeginners/comments/ikcoj7/bitcoin_in_a_third_world_country/g3jt9vx/', "If it is a 3rd world country, which has an unstable currency, unstable laws, capital restrictions even more reason to allocate some % of your savings to Bitcoin. 1-5% is a suggestion you'll see often.\n\nIf it is a well run 3rd world country, with the rule of law, low corruption etc. even then worth some exposure. Your country could do everything right but be impacted by world events.\n\nBitcoin's highest performance has been against currencies in poorly run countries (Turkey, Lebanon, Argentina and so on).... setting All Time Highs this year.\n\nAs for profitability, you need a 2-3 year holding period. For most of us a good idea to Cost Average your way in. Good luck.", 'ikcoj7']]], ['u/SonderDev', 'Introducing Nendly, the Notion-Friendly Forum', 117, '2020-09-01 05:20', 'https://www.reddit.com/r/nanocurrency/comments/ikcrtd/introducing_nendly_the_notionfriendly_forum/', '[Nendly](https://nendly.com/), the Notion-Friendly Forum is a social media site that offers a novel approach to Internet communities.\n\n# Overview\n\nSocial media today is a poor avenue for Internet conversations. Everyone can have their say, but only in their particular echochamber. While I\'ve written more about it [in an essay](https://nendly.com/a/faq), go to r/cc and you\'ll see the main crux. The things you can talk about here won\'t fly so well there. Now why is that?\n\nIt\'s because on Reddit, we have a downvote button. And since what you see is based on vote scores, it\'s essentially a censorship button. If you don\'t hold a 51% opinion, those in the majority will vote you down, and you\'ll leave to join another where the electorate is more favorable. And so we get a million insulated communities, each so sure that the others are wrong and needlessly hostile.\n\nBut it doesn\'t have to be this way! Nendly uses a state-of-the-art voting algorithm that enables discussions wherein many competing ideas are possible. Instead of the upvote and downvote buttons being directly tied to what users see, Nendly performs viewpoint analysis to find the best content among a range of diverse beliefs. And since it uses game-theory, there\'s no possibility for an r/cc style take-over. You can read more about it [here](https://nendly.com/a/faq), but basically I\'ve solved the r/cc problem, as seen in Nendly\'s much friendlier [n/crypto](https://nendly.com/n/crypto) community.\n\nNow there\'s a lot more to the site, including huge usability improvements and features Reddit doesn\'t have, but I\'ll have to leave it for a video I\'ll put out tomorrow. Ask me any questions and I\'ll address them then. (I need to sleep, it\'s been a wild day).\n\n# Nano\n\nOk but why is this a big deal for nano? The benefits are many.\n\n* Nano is *exclusively* integrated site-wide. Instead of Reddit "awards", we have nano-based gifts that mostly go to the end user. **That\'s right, you can get paid to use social media.** Forget Reddit\'s ETH integration, we\'ve beet \'em to it, guys!\n* When someone awards your post or comment with nano, you get a helpful message from the system user, who gives you information about nano, the foundation, wallets, etc. so you can adopt it yourself.\n* The user base will be primarily non-crypto people, since I\'ve intentionally built the site for a general-purpose audience. And since nano is the *only* crypto fully-integrated, we\'ll be actively getting people to join Nano. They won\'t just see it on a list with 50 other coins and bitcoin at the top. We are talking REAL ADOPTION.\n* With scale comes power. Imagine if we had complete control over the code for this subreddit. If someone had an idea requiring scale, we could actually fulfill it. We wouldn\'t have the "okay but where will you get your users" problem. If someone had an idea like ads that pay you nano to view them, we\'d be able to break down that barrier. Well here\'s the thing, we\'ve got Nendly, and with it we can solve the scale problem once and for all. Not just with [n/crypto](https://nendly.com/n/crypto), but with the entire site if we like. As Nendly grows, so too does our launchpad.\n\nThere\'s more too for nano I\'ll put in the video. Again, ask me questions and I\'ll answer them when I\'m not so tired :)\n\n# Current Progress\n\nThere\'s a lot of features that I\'ll be releasing over the coming days and weeks that are close to being done. For now, so I could meet the August deadline I set for myself, it\'s a Desktop-only experience with mobile coming very soon (we\'ve also got a public API that\'s mostly done, PM me if you want to build an App or something).\n\nSo hey, try my site out! You\'ll find updates coming out very fast since most of the cool stuff is \\~90% done. I plan on a major update happening once a week, so it\'ll be a quick-moving experience if you join our community.\n\nPlease bare with me since it\'s just now public. There\'s bound to be funny bugs we\'ll run into, and I already know some email providers are dropping my mail since they\'ve never heard of [nendly.com](https://nendly.com). And who knows, maybe the servers will explode.\n\nAlso, I want to say thanks for all the support these past 2 months. I really wanted to give you something you could use before August ended, and thankfully we made it just hours before September!\n\n**Edit** ok, [here’s the video!](https://reddit.com/r/nanocurrency/comments/ikvp8f/answering_your_nendly_questions/)', 'https://www.reddit.com/r/nanocurrency/comments/ikcrtd/introducing_nendly_the_notionfriendly_forum/', 'ikcrtd', [['u/silverstar194', 26, '2020-09-01 06:04', 'https://www.reddit.com/r/nanocurrency/comments/ikcrtd/introducing_nendly_the_notionfriendly_forum/g3jx6sm/', "Neat project! How do you plan on gaining users? There have been similar projects such as Steemit in the past that fail to gain a user base.\n\nP.S. Send me a PM and I'll get you an ad slot on NanoSpeed.live", 'ikcrtd'], ['u/otherwisemilk', 17, '2020-09-01 06:27', 'https://www.reddit.com/r/nanocurrency/comments/ikcrtd/introducing_nendly_the_notionfriendly_forum/g3jz7q9/', "Your privacy stance is amazing btw. I like the idea and intention but I'm worried about the adoption. What are the plans around that?", 'ikcrtd'], ['u/xblackrainbow', 10, '2020-09-01 06:32', 'https://www.reddit.com/r/nanocurrency/comments/ikcrtd/introducing_nendly_the_notionfriendly_forum/g3jzljw/', "If you want adoption.... I don't know if you feel comfortable with subjects like conspiracies.\n\nThat subreddit is desperately looking for alternative forums that aren't overtly racist and more open minded. Reddit is going through a ton of censorship and crafting narratives right now.\n\nI truly believe in free speech though especially if they are evidence based.", 'ikcrtd'], ['u/t_j_l_', 16, '2020-09-01 06:56', 'https://www.reddit.... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['That was well above the market forecast of 54.5 and the highest reading since November 2018. The leading indicator was supported by new orders which increased to 67.6 last month, but the employment component of the index continued to show weakness suggesting that factories are still slow to bring back employees. If the ISM services index due to be released on Thursday shows a similar reading, that would suggest jobs remains a weak spot in the US economy. However, investor focus today will be on the ADP employment change data which is expected to show 950,000 jobs were added in the private sector in August versus 167,000 in July. The ISM surveys along with the ADP report may provide an early indication of what to expect from Friday’s non-farm payrolls report.\nImproving economic data, along with expectations that interest rates will remain near zero for several years, are great ingredients for risk assets. Investors do not seem to be worried about overstretched valuations as long as the Fed is willing to depress interest rates and continue providing the liquidity needed to keep yields in check.\nDespite this optimism, investors need to re-think how to approach a market that’s sitting at record highs with two months remaining to the US presidential elections. Latest polls have shown the race between President Donald Trump and former Vice President Joe Biden have narrowed significantly over the past few weeks. According to Real Clear Politics, the difference is now less than 1% point in favour of Biden. The narrowing gap has translated into a sharp rise in future contracts for the Vix volatility indices. At the time of writing, the October Vix contract is sitting above 33 while spot Vix is hovering near the top of August trading range at 26. A rising stock market with elevated volatility is not a healthy sign and usually indicates turmoil ahead. So, expect risk to be skewed to the downside with big moves as we head into October.\nOpen your FXTM account today\nDisclaimer: The content in this article comprises personal opinions and should not be construed as containing personal and/or other investment advice and/or an offer of and/or solicitation for any transactions in financial instruments and/or a guarantee and/or prediction of future performance. ForexTime (FXTM), its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness, of any information or data made available and assume no liability as to any loss arising from any investment based on the same.\nThisarticlewas originally posted on FX Empire\n• USD/JPY Daily Forecast – Attempt To Settle Above The 20 EMA\n• AUD/USD Forex Technical Analysis – Chart Pattern Suggests Next Downside Target is .7275 – .7242\n• Bitcoin (BTC/USD) Remains Bullish Despite H&S Reversal Pattern\n• U.S. Stocks Set To Open Higher As Traders Bet On New Stimulus Package\n• AUD/USD Price Forecast – Australian Dollar Pulls Back\n• Monthly Recap: Ethereum Provides Massive Returns While Bitcoin Remains Dormant', 'That was well above the market forecast of 54.5 and the highest reading since November 2018. The leading indicator was supported by new orders which increased to 67.6 last month, but the employment component of the index continued to show weakness suggesting that factories are still slow to bring back employees. If the ISM services index due to be released on Thursday shows a similar reading, that would suggest jobs remains a weak spot in the US economy. However, investor focus today will be on the ADP employment change data which is expected to show 950,000 jobs were added in the private sector in August versus 167,000 in July. The ISM surveys along with the ADP report may provide an early indication of what to expect from Friday’s non-farm payrolls report. Improving economic data, along with expectations that interest rates will remain near zero for several years, are great ingredients for risk assets. Investors do not seem to be worried about overstretched valuations as long as the Fed is willing to depress interest rates and continue providing the liquidity needed to keep yields in check. Despite this optimism, investors need to re-think how to approach a market that’s sitting at record highs with two months remaining to the US presidential elections. Latest polls have shown the race between President Donald Trump and former Vice President Joe Biden have narrowed significantly over the past few weeks. According to Real Clear Politics, the difference is now less than 1% point in favour of Biden. The narrowing gap has translated into a sharp rise in future contracts for the Vix volatility indices. At the time of writing, the October Vix contract is sitting above 33 while spot Vix is hovering near the top of August trading range at 26. A rising stock market with elevated volatility is not a healthy sign and usually indicates turmoil ahead. So, expect risk to be skewed to the downside with big moves as we head into October. Story continues Open your FXTM account today Disclaimer: The content in this article comprises personal opinions and should not be construed as containing personal and/or other investment advice and/or an offer of and/or solicitation for any transactions in financial instruments and/or a guarantee and/or prediction of future performance. ForexTime (FXTM), its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness, of any information or data made available and assume no liability as to any loss arising from any investment based on the same. This article was originally posted on FX Empire More From FXEMPIRE: USD/JPY Daily Forecast – Attempt To Settle Above The 20 EMA AUD/USD Forex Technical Analysis – Chart Pattern Suggests Next Downside Target is .7275 – .7242 Bitcoin (BTC/USD) Remains Bullish Despite H&S Reversal Pattern U.S. Stocks Set To Open Higher As Traders Bet On New Stimulus Package AUD/USD Price Forecast – Australian Dollar Pulls Back Monthly Recap: Ethereum Provides Massive Returns While Bitcoin Remains Dormant', "Ethereum miners are gaining big as transaction costs or gas fees continue to rise amid decentralized finance (DeFi) boom. According to The Block Research, Ethereum miners generated all-time high fee revenue of $17 million on September 1. The figure is 3.7 times higher than the previous highest amount recorded during December 2017 and January 2018 when crypto prices went through the roof. Image Bitcoin miners, on the other hand, generated $1.5 million in transaction fees yesterday \x97 only 9% of Ethereum miners' fees. Bitcoin miners' all-time high during the December 2017 craze was $21.4 million. Image The surge in Ethereum fees , and therefore miners' revenue, could result in an increase in prices of Ethereum miners in the secondary markets, according to Larry Cermak, director of The Block Research. If so, the trend could turn out to be bullish for mining chips manufacturers such as AMD and Nvidia, said Cermak. © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.", "Ethereum miners are gaining big as transaction costs or gas fees continue to rise amid decentralized finance (DeFi) boom.\nAccording to The Block Research, Ethereum miners generated all-time high fee revenue of $17 million on September 1. The figure is 3.7 times higher than the previous highest amount recorded during December 2017 and January 2018 when crypto prices went through the roof.\nBitcoin miners, on the other hand, generated $1.5 million in transaction fees yesterday — only 9% of Ethereum miners' fees. Bitcoin miners' all-time high during the December 2017 craze was $21.4 million.\nThesurge in Ethereum fees, and therefore miners' revenue, could result in an increase in prices of Ethereum miners in the secondary markets, according to Larry Cermak, director of The Block Research. If so, the trend could turn out to be bullish for mining chips manufacturers such as AMD and Nvidia, said Cermak.\n© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.", 'Bryan Connor Herrell, a 26-year-old man from Colorado who served as a moderator for AlphaBay, has been sentenced to 11 years in prison. His is the latest AlphaBay-related case to come to a close after authorities seized what was once the dark web’s biggest marketplace for guns, drugs and stolen identities and financial data back in 2017. According to the Department of Justice, Herrell settled over 20,000 disputes between vendors and purchasers for the marketplace. He also kept an eye out for scams and monitored users’ attempts to defraud each other. The DOJ says Herrell was paid in Bitcoin for his services and operated under the pseudonyms “Penissmith” and “Botah,” but the steps he took to preserve his anonymity weren’t enough to protect him. When the Royal Thai Police, the FBI and the DEA executed an arrest warrant for alleged AlphaBay founder Alexandre Cazes at his residence in Bangkok, they found an unencrypted laptop with files identifying people associated with the marketplace. Cazes’ case was dismissed after he died in his cell in Thailand of suspected suicide. Meanwhile, Herrell pleaded guilty to “conspiring to engage in a racketeer influenced corrupt organization” in January and faced up to 20 years in prison. US Attorney McGregor Scott of the Eastern District of California said in a statement: “This sentence serves as further proof that criminals cannot hide behind technology to break the law. Operating behind the veil of the darknet may seem to offer shelter from criminal investigations, but people should think twice before ordering or selling drugs online — you will be caught. This office will **Last 60 Days of Bitcoin's Closing Prices:** [9132.49, 9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-02 **Financial & Commodity Data:** - Gold Closing Price: $1934.40 - Crude Oil Closing Price: $41.51 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $221,698,609,209 - Hash Rate: 125685009.78239676 - Transaction Count: 317449.0 - Unique Addresses: 714425.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.83 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Mongolian authorities have put the kibosh on cheap electricity for crypto miners, Venezuela is seeing healthy crypto use outside government-approved exchanges and a “critical bug” has left 13% of Ethereum nodes useless. You’re readingBlockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and all of CoinDesk’snewsletters here. Bakkt’s back?Growing institutional interest ishelping to drive a recent spike in volumeon Bakkt, according to its president, Adam White. Trading volumes for physically settledbitcoinfutures on Bakkt rose to $134 million on Tuesday from a previous high of $132 million on July 28, Muyao Shen reports. Physically settled means buyers receive tokens at expiration instead of cash. “It’s not a bet on the price of bitcoin,” White said. “It doesn’t rely on an index price created from unregulated spot markets that are self-reporting their data.” Despite the recent surge, Bakkt still lags behind CME Group, a bigger, U.S.-regulated exchange. Data shows the aggregated daily volumes of bitcoin futures on Bakkt and the CME were at $279 million and $1.5 billion, respectively, on Monday. Related:First Mover: Huobi Takes on OKEx in Futures, Opening New Front in 'Chinese' Rivalry Mongolian mining moratorium?Over20 bitcoin mining farms in China’s Inner Mongolia have been stripped of electricity perksafter a clampdown by the local government. A document issued by the Department of Industrial and Information Technology of the Inner Mongolia Autonomous Region on Aug. 24, shows the government agency suspended electricity discounts provided by the state-owned regional energy trading firm, following onsite inspections that found many supposed data centers were actually bitcoin mining facilities. With the policy change, electricity costs could reach 0.38 yuan per kWh ($0.054), up from 0.26–0.28 yuan per kWh ($0.037 to $0.040), CoinDesk’s Wolfie Zhou reports. Venezuela’s crypto economyA new Chainalysis report focused on Latin America foundVenezuela ranks third in the world for crypto adoption,behind Ukraine and Russia. Venezuela has adopted a crypto-friendly attitude amid crippling sanctions and hyperinflation, though most retail usage is happening through peer-to-peer marketplaces, not government-approved exchanges. State-owned Criptolago, one of only seven exchanges with government approval, saw $380,000 in dollar-adjusted volume over the last year compared to LocalBitcoins’ $242 million over the same period. Client centralizationA “critical bug” has left13% of Ethereum nodesuseless, and it could take weeks or months to fix. Parity-Ethereum and OpenEthereum versions 2.7 and later contain a bug that stops nodes from syncing with the $43 billion network’s latest block. Clients are  different programming language implementations of blockchain software, a  way to strengthen the network by having concurrent yet separate systems running. This bug has highlighted the issue of client centralization, as Ethereum Foundation-backed Geth client now supports some 80% of the Ethereum network, CoinDesk’s Will Foxley reports. Wild predictionsTyler and Cameron Winklevoss, early crypto investors and founders of Gemini,believe weakness in the U.S. financial system and other factors mean bitcoin could one day reach $500,000per coin. In a post on the Winklevoss Capital blog Thursday, the two set out outlined “fundamental problems” with gold, oil, and the U.S. dollar as stores of value. “Even before COVID-19, and despite the longest bull run in U.S. economic history, the government was spending money like a drunken sailor, cutting taxes like Crazy Eddie, and printing money like a banana republic,” the brothers write. They recently met with prominent day-trader Dave Portnoy and told him gold could be devalued if figures like Elon Musk begin gold mining asteroids. • WhistleblowerKidnapped in UkraineAfter Accusing Crypto Firm of Exit Scam (Anna Baydakova/CoinDesk) • YouTube’sWhac-a-Mole Approach to Crypto ScamAds Remains a Problem (Ben Powers/CoinDesk) • US Files Suit AgainstCrypto Accounts Tied to North Korea(Danny Nelson/CoinDesk) • Tesla’s Gigafactory hit by Failed HackWanting BitcoinRansom (Shaurya Malwa/Decrypt) • When ETF? A new bitcoin fund tied to Fidelity could be thenext best thing(Frank Chaparro/The Block) Related:Money Reimagined: From COVID Generation to Crypto Generation Mined hordesBitcoin miners areholding more bitcoins than at any point in the past two years. This could signal increased bullishness about future gains, CoinDesk’s Zack Voell said. Miners are holding more than 1.82 million bitcoins, an increase of roughly 2% in the last year, according to data from Glassnode. In fact, this is part of a larger trend, where the percentage of all inactive bitcoin (meaning it hasn’t been traded or cashed in) hit a four-year high last spring. Thomas Heller, former director at leading mining pool F2Pool, said this was a bullish indicator, as it appears holders may be anticipating a higher price. To be sure, no one is clairvoyant, but we’re talking about market sentiment. But there is another technical reason miners, in particular, may be holding: mining factories are in a cycle of deploying newer mining machines. This phase in the “hardware cycle” means operation expenses have decreased, and therefore, so has the number of bitcoin sold to cover those expenses,  Harry Sudock, vice president of strategy at GRIID, said. Presumably, costs would have spiked months ago, when miners were ordering the machines now being deployed. As miners deploy new machines, they also enjoyed a 7% monthly revenue increase in July, according to network data analyzed by CoinDesk, thanks to recent price appreciation and increased transaction fees. Live Webinar: What to Expect When Phase 0 LaunchesEthereum, the world’s second-largest cryptocurrency by market capitalization, is expected to undergo a radical system-wide upgrade to improve network scalability and efficiency this by early next year.Join CoinDesk Research on Sept. 10 at 1:30 p.m. ETfor a live discussion as we examine the potential market impacts of the launch of what’s known as Ethereum 2.0. Due to its sheer complexity, Ethereum 2.0 will be rolled out in several phases starting with Phase 0. Don’t miss the opportunity to understand the risks, benefits and predictions for the next phase of this technology. Hedges growBitcoin and gold arereversing losses seen on Thursday after the Federal Reserve’s announcement of a more relaxed approach to tackling inflationsent a tremor across the markets. Bitcoin rebounded back above $11,450 on Friday, erasing nearly 70% of the decline from $11,594 to $11,141 yesterday. Gold, too, has risen back to $1,960, having dropped to $1,910 after the event. “Powell’s speech suggests that there is no end in sight [for the Fed’s easy money policy],” John Kramer, trader at GSR, said. Put simply, Powell’s speech looks to have strengthened bitcoin’s long-term bullish case, CoinDesk’s Omkar Godbole reports. WabiSabi lobbyPrivacy-focusedBitcoin software wallet Wasabi is working on a new protocol design, dubbed WabiSabi, to improve the user experience and privacyof the wallet’s CoinJoin transactions, CoinDesk tech reporter Colin Harper reports. The major design change would allow users to coinjoin with different values than their peers, a first for the technology, reduce the role of a centralized coordinator and potentially enable CoinJoin sends to other users. This process would operate in the background if it runs the way Wasabi envisions it, opening up the possibility to make “every spend a CoinJoin.” Fee-lessUSD Coin (USDC) hasintegrated “meta transactions” to the stablecoin platform to eliminate feespaid to the Ethereum blockchain when sending money around. “This enables people to fund their non-custodial wallets withUSDCand start using DeFi/dapps without also having to ownETH,” Coinbase developer Peter Jihoon Kim said. Adopted as part of a protocol update, USDC 2.0, the Centre Consortium also announced a new on-chain signature system, CoinDesk’s Will Foxley reports. Founded by Coinbase and Circle, USDC is the second-largest stablecoin by market cap at $1.4 billion. Tech over lawsShiv Malik, co-founder of the Intergenerational Foundation think tank and head of growth at Streamr,thinks policies like Europe’s GDPR or Andrew Yang’s “data dividend” are inadequatefor putting users back in control of their data. “[T]here is a way of fighting tech with tech that might also result in changing the underlying economic structures,” he writes, namely through open-source, decentralized protocols. “We shouldn’t demand a tithe, we should take back control of our data.” The BreakdownThe Breakdown presents everything you need to know aboutJerome Powell’s Jackson Hole address. • Blockchain Bites: Winklevoss’ Wild Prediction, Bitcoin Miners’ Horde, Ethereum’s ‘Critical Bug’ • Blockchain Bites: Winklevoss’ Wild Prediction, Bitcoin Miners’ Horde, Ethereum’s ‘Critical Bug’... - Reddit Posts (Sample): [['u/SpaceGenesis', "I'm trying to be positive but GL's actions are the opposite of intelligence. This is the worst update in A9 history. I'll explain why...", 146, '2020-09-02 01:15', 'https://www.reddit.com/r/Asphalt9/comments/ikva05/im_trying_to_be_positive_but_gls_actions_are_the/', 'It\'s a pretty long rant. You have been warned...\n\n* Worsened graphics. Same device, much worse graphics for no reason. They literally made the game engine worse.\n* Frame skipping and lagging everywhere. Also game crashes. They said they optimized the game. I bet they forgot to mention that you need a quantum computer to play their casino racing masterpiece.\n* The older bug with the mini map (tap do steer players can\'t tap in that area) is back.\n* The infamous lagging screen after every freaking race (what the hell are they doing in background that the phones become so hot? bitcoin mining?). They still didn\'t fix it after the recent hotfix! Who pays these clowns who can\'t even revert some dumb changes?\n* The unfair SE. There are hardly tokens offered. They keep reducing the rewards until there will be nothing left except uncommon parts and a few credits. They expect us to play hundreds of races for peanuts. The *finest* greediness. Also how come SE still shares the same tickets pool with daily events? They are different things!\n* Same old stinky GP. Everyone knows what is wrong with this thing that has nothing in common with real grand prixes except the name. Most regular players don\'t win keys. Why should we even bother anymore?\n* The hard Unleashed event. They put the same required time 0:51 despite the cars having different rankings. They don\'t have the expression "fair play" in their dictionary.\n* Credits heist is good in theory. In practice they added the awful police besides the aggressive AI to make sure you can\'t get those credits. They also added stars requirements for good measure. Also they made it that way you need to play too many races if you want all rewards. Efficiency is again not in their dictionary.\n* The new MP format which encourages dumb grinding to get some decent milestones.\n* The club rewards remain a joke.\n* You need to complete 250 conditions in SE just to have the chance to buy packs! Whatever GL idiot who thought of that should have his head smashed on his monitor.\n* They still didn\'t fix that stupid error with no internet connection! My internet is working, it\'s not my fault you can\'t code a decent internet connection algorithm.\n* The cheaters are still dominating MP. The Android version has such a poor security that every schmuck can abuse the game. I wonder if anyone even reads those in game reports or are there as placebo effect.\n* Did you check how much internet traffic this game consumes? What the fxx-k they transfer that A9 needs gigabytes of data every month just to play it?\n* Should I mention the bunch of useless employees called Customer Care? An appendix is more useful than them.\n* etc\n\nBut we have emoticons! And new cars while most of us didn\'t even max out or unlock many of the previous premium cars. Give me a reason why should I keep playing...\n\n​\n\n[I hope your wallet is as big as their greediness.. ](https://preview.redd.it/htxthjfxbmk51.jpg?width=960&format=pjpg&auto=webp&s=32dfa27baa7b370850bb77d02bc0d14ab9089faa)', 'https://www.reddit.com/r/Asphalt9/comments/ikva05/im_trying_to_be_positive_but_gls_actions_are_the/', 'ikva05', [['u/MrChillis12', 36, '2020-09-02 02:49', 'https://www.reddit.com/r/Asphalt9/comments/ikva05/im_trying_to_be_positive_but_gls_actions_are_the/g3nyaxl/', 'Its a shame what the Asphalt Series in general has become.', 'ikva05'], ['u/JansenTempest', 22, '2020-09-02 04:43', 'https://www.reddit.com/r/Asphalt9/comments/ikva05/im_trying_to_be_positive_but_gls_actions_are_the/g3obavd/', "Good post. I'll like to share my opinion about some of the points you touched.\n\n\\> Worsened graphics. Same device.\n\nOn Windows, the only difference I can tell is that the *Nitro Bottles* have their 'glow' reduced and the gameplay feels sightly smoother. Lag on Full Screen continues.\n\n\\> Frame skipping and lagging everywhere. Also game crashes. They said they optimized the game. I bet they forgot to mention that you need a quantum computer to play their casino racing masterpiece. \n\nTotally agree. My game crashes every once in a while when starting races, and apparently I'm the only one on Windows that faces this issue. CPU usage is very high, which is unnecessary, in fact I play on the **lowest** graphics on **windowed** mode to avoid lag. Other games I play like GTA, Honkai Impact, or Android emulators work fine at medium-high graphics but this one...\n\n\\> The infamous lagging screen after every freaking race (what the hell are they doing in background that the phones become so hot? bitcoin mining?). They still didn't fix it after the recent hotfix! Who pays these clowns who can't even revert some dumb changes? \n\nLoading screens got tampered with. It used to take 2-4 seconds to me load the game, now it takes around 5-10. Not a big deal on Windows but for Android/IOS players it isn't good.\n\n\\> The unfair SE. There are hardly tokens offered. They keep reducing the rewards until there will be nothing left except uncommon parts and a few credits. They expect us to play hundreds of races for peanuts. The *finest* greediness. Also how come SE still shares the same tickets pool with daily events? They are different things! \n\nI'd like to write deeper thoughs about this one.\n\nRemember the old SEs where we could unlock the main car and star it up if you had most of the requested cars? Events like *EVO, Terzo, Aperta* and about this last one, I unlocked the Aperta with only a 3\\* BMW, 2\\* J50, 5\\* Corvette, 2\\* EVO, 2\\* Aventador J and a 2\\* 570S. Compared to this one I'm only missing the Jaguar, the Continental and my Vantage is at 1\\*, everything else is maxed and I'm only going to get around **28-30 BPS** I'm not even going to unlock the car without spending Tokens. \n\nNow this is the main problem that not many people have noticed; **Special Event Club Rewards were removed.**\n\nA great boost for having a good club that has many of the requested cars. Isn't this one of Gameloft's goals for the game? Having a Club System that benefits its members? I don't even understand their objectives...\n\nForeseeing the McLaren Speedtail event I can almost guarantee you that all Lotus cars are going to be needed; the trashy Elise, the even trashier Evora and the P2W Evija, all of them in a useless pack for 650-750 Tokens. \n\nAll of the Mclaren cars on one pack that might cost 750-950 Tokens; P1, 570S and Senna. The only ok thing about the event.\n\nThe Bacalar and **maybe** the Valhalla. \n\nTo get what?, another Zenvo - Fenyr clone.\n\n\\> Same old stinky GP. Everyone knows what is wrong with this thing that has nothing in common with real grand prixes except the name. Most regular players don't win keys. Why should we even bother anymore? \n\nI consider myself an above average player and I didn't even win the SC18 with **3 stars**... Whales and alien Sandbaggers are dominant in this event. And notice this last one, **ALIEN SANDBAGGERS!** These kind of players have NOTHING to do in Tier 3-5. \n\nGrand Prix will never change for good. We gotta deal with it from now on...\n\n\\> Credits heist is good in theory. In practice they added the awful police besides the aggressive AI to make sure you can't get those credits. They also added stars requirements for good measure. Also they made it that way you need to play too many races if you want all rewards. Efficiency is again not in their dictionary. \n\nIts not actually good tho. New players are not going to get much with these star requirements. \n\n\\> The new MP format which encourages dumb grinding to get some decent milestones. \n\nI said it once, twice and thrice and I'll say it again: Rush was way better at every aspect.\n\nIn fact, if they kept Rush AND added the Milestone system there, I'd be the Perfect MP.\n\nFinding people on lobbies is twice as hard on Windows, on the second season I played 5 duel races in a row at Elite league. How tf am I supposed to get the 1K Milestone points in 1 week at this rate? And that was a free trial car that everyone can use, image an 'owners only' car season...", 'ikva05'], ['u/JacksenLiew', 12, '2020-09-02 05:40', 'https://www.reddit.com/r/Asphalt9/comments/ikva05/im_trying_to_be_positive_but_gls_actions_are_the/g3oh4mx/', "I don't mean to offend someone, but it is true that most of the Euro team/developer began to show their bad attitude and move in more opposite way after their product became more popular. Allow me to share some experience here....\n\nI read an article regarding someone applying for internship to join Sony corporation in America which happened few years ago. That guy who is taking internship program was doing good, but his boss don't give a fuck to what he was doing. That guy was completely raged that his boss showed bad attitude on him. So he began his 'revenge' to make his boss respond by asking all the users to give 1* on his boss product. Some day later, rating went down from 4.1* to below 2*. His boss finally responded and changed his attitude after he see this happen to him.\n\nSame thing goes to the things you are currently facing. If you want GL respond you properly, the only way is to ask all the players not to support all their games/products anymore and ask them to give 1* to all their products.\n\nThere is no need to hold back. If they fuck you, just fuck them back. That's how it works.", 'ikva05'], ['u/kasraAK8', 10, '2020-09-02 07:50', 'https://www.reddit.com/r/Asphalt9/comments/ikva05/im_trying_to_be_positive_but_gls_actions_are_the/g3orug8/', 'A good player that does bad on purpose to get a easier lobby so they can guarantee the car key , I personally have... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Dubai, UAE, Sept. 02, 2020 (GLOBE NEWSWIRE) -- The Blockchain ecosystem is one of the most rapidly evolving and expanding branches of the global economy. The crypto market requires continuous innovativeness to promote progress and allow the ever-changing demands of users. ZelaaPayAE, a leading cryptocurrency platform from the United Arab Emirates, understands this perfectly. From the beginning of its launch, ZelaaPayAE invested in the development of revolutionary blockchain infrastructure solutions designed to enhance people’s ability to effortlessly use cryptocurrencies in everyday life, such as Point-of-Sale terminals and crypto debit cards. Now, ZelaaPayAE makes yet another great leap forward: in order to keep providing its users with a bespoke level of quality and effectiveness, ZelaaPayAE partnered with Tron to become a Dual Chain platform that unleashes full power of both the Ethereum and Tron networks.\nTron uses a different consensus mechanism to Ethereum when it comes to adding and verifying transactions on its network. Instead of using Proof-of-Work like Ethereum or Bitcoin where miners produce blocks for the network, TRON uses something called Delegated Proof-of-Stake where 27 elected Super Representatives produce blocks for the network. This consensus mechanism allows TRON to achieve much faster rates of transactions than Ethereum. For a platform with razor sharp focus, like ZelaaPayAE, delivering the highest quality of services allows no room for tribalism and personal preferences. After strong evaluations, the company has decided to deploy optimal solutions to assure the highest level of quality and is confident in the power of Dual Chain. The partnership with Tron is a beneficial step forward, because it enables ZelaaPayAE to deliver maximum effectiveness in the consumer payments domain, while building a strong base for DeFi services through the Ethereum chain.\nZelaaPayAE believes that both Tron and Ethereum are mutually exclusive and excel in answering specific demands. Both blockchains are established projects built on solid fundamentals, and both of them help explore the full possibilities that cryptocurrencies have to offer. The main goal of ZelaaPayAE is to create an innovative platform which furthers the adoption of blockchain technology in our daily lives.\nA partnership with both Tron and Ethereum helps ZelaaPayAE realize their vision of promoting the use of blockchain technology and decentralized finance solutions in the Gulf Area. Broadening the horizons with a network of Point-of-Sales terminals, crypto debit cards, and now also a platform that allows its users to enjoy the full possibilities of both Tron and Ethereum, ZelaaPayAE will enable people to use cryptocurrencies effortlessly and effectively in Middle Easten countries and eventually, expand globally.\nMedia Details –Company:ZelaaPayAEWebsite:https://zelaapay.ae/Email:[email protected]\nAttachment\n• ZelaaPayAE', 'ZelaaPayAE ZelaaPayAE, a Leading Cryptocurrency Platform from the UAE ZelaaPayAE, a Leading Cryptocurrency Platform from the UAE Dubai, UAE, Sept. 02, 2020 (GLOBE NEWSWIRE) -- The Blockchain ecosystem is one of the most rapidly evolving and expanding branches of the global economy. The crypto market requires continuous innovativeness to promote progress and allow the ever-changing demands of users. ZelaaPayAE, a leading cryptocurrency platform from the United Arab Emirates, understands this perfectly. From the beginning of its launch, ZelaaPayAE invested in the development of revolutionary blockchain infrastructure solutions designed to enhance people’s ability to effortlessly use cryptocurrencies in everyday life, such as Point-of-Sale terminals and crypto debit cards. Now, ZelaaPayAE makes yet another great leap forward: in order to keep providing its users with a bespoke level of quality and effectiveness, ZelaaPayAE partnered with Tron to become a Dual Chain platform that unleashes full power of both the Ethereum and Tron networks. Tron uses a different consensus mechanism to Ethereum when it comes to adding and verifying transactions on its network. Instead of using Proof-of-Work like Ethereum or Bitcoin where miners produce blocks for the network, TRON uses something called Delegated Proof-of-Stake where 27 elected Super Representatives produce blocks for the network. This consensus mechanism allows TRON to achieve much faster rates of transactions than Ethereum. For a platform with razor sharp focus, like ZelaaPayAE, delivering the highest quality of services allows no room for tribalism and personal preferences. After strong evaluations, the company has decided to deploy optimal solutions to assure the highest level of quality and is confident in the power of Dual Chain. The partnership with Tron is a beneficial step forward, because it enables ZelaaPayAE to deliver maximum effectiveness in the consumer payments domain, while building a strong base for DeFi services through the Ethereum chain. Story continues ZelaaPayAE believes that both Tron and Ethereum are mutually exclusive and excel in answering specific demands. Both blockchains are established projects built on solid fundamentals, and both of them help explore the full possibilities that cryptocurrencies have to offer. The main goal of ZelaaPayAE is to create an innovative platform which furthers the adoption of blockchain technology in our daily lives. A partnership with both Tron and Ethereum helps ZelaaPayAE realize their vision of promoting the use of blockchain technology and decentralized finance solutions in the Gulf Area. Broadening the horizons with a network of Point-of-Sales terminals, crypto debit cards, and now also a platform that allows its users to enjoy the full possibilities of both Tron and Ethereum, ZelaaPayAE will enable people to use cryptocurrencies effortlessly and effectively in Middle Easten countries and eventually, expand globally. Media Details – Company: ZelaaPayAE Website: https://zelaapay.ae/ Email: [email protected] Attachment ZelaaPayAE', 'Twitter Inc(NYSE:TWTR) disclosed Thursday that the account of\xa0Indian Prime Minister Nardendra Modi’s personal website on the social media platform was hacked, and tweets pertaining to cryptocurrency donations were sent out, ReutersreportedThursday.\nWhat Happened:The prime minister’saccounthas over 2.5 million followers and is related to his website — www.narendramodi.in and mobile application.\n“We are actively investigating the situation. At this time, we are not aware of additional accounts being impacted,” Twitter\xa0said in an emailed statement to Reuters.\nTweets were sent from the account asking followers to donate to a relief fund using cryptocurrency.\nWhy It Matters:The hacking of the prime minister’s account is similar to the one that took place in mid-July,\xa0where Bitcoin scammers asked for donations after taking over accounts of high-profile persons such as former President of the United States Barack Obama,Tesla Inc(NASDAQ:TSLA) CEO Elon Musk, andMicrosoft Corporation(NASDAQ:MSFT) co-founder Bill Gates.\nThe July-attack caused the private messages of at least 36 people to be compromised, while over 100 of Twitter’s preeminent users were affected.\nReports at the time\xa0suggested that an insider was allegedly responsible for the hacking. Twitter later stated that "spear phishing" attacks\xa0on employees led to the hack.\nPrice Action:Twitter shares closed nearly 6.1% higher at $43.67 on Wednesday and fell almost 0.4% in the after-hours session.\nPhoto courtesy:\xa0Kremlin.ru\nSee more from Benzinga\n• Facebook, Twitter Crack Down Against Russian Accounts Trying To Steer Away Biden\'s Left-Wing Voters\n• Twitter Takes Down Three Pro-Trump Accounts For Spreading Disinformation\n• Tesla Is The Unnamed Company Targeted By Indicted Russian Hacker, Musk Attests\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Twitter Inc (NYSE: TWTR ) disclosed Thursday that the account of\xa0Indian Prime Minister Nardendra Modi’s personal website on the social media platform was hacked, and tweets pertaining to cryptocurrency donations were sent out, Reuters reported Thursday. What Happened: The prime minister’s account has over 2.5 million followers and is related to his website — www.narendramodi.in and mobile application. “We are actively investigating the situation. At this time, we are not aware of additional accounts being impacted,” Twitter\xa0said in an emailed statement to Reuters. Tweets were sent from the account asking followers to donate to a relief fund using cryptocurrency. Why It Matters: The hacking of the prime minister’s account is similar to the one that took place in mid-July,\xa0where Bitcoin scammers asked for donations after taking over accounts of high-profile persons such as former President of the United States Barack Obama, Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk, and Microsoft Corporation (NASDAQ: MSFT ) co-founder Bill Gates. The July-attack caused the private messages of at least 36 people to be compromised, while over 100 of Twitter’s preeminent users were affected. Reports at the time\xa0suggested that an insider was allegedly responsible for the hacking. Twitter later stated that "spear phishing" attacks\xa0on employees led to the hack. Price Action: Twitter shares closed nearly 6.1% higher at $43.67 on Wednesday and fell almost 0.4% in the after-hours session. Photo courtesy:\xa0Kremlin.ru See more from Benzinga Facebook, Twitter Crack Down Against Russian Accounts Trying To Steer Away Biden\'s Left-Wing Voters Twitter Takes Down Three Pro-Trump Accounts For Spreading Disinformation Tesla Is The Unnamed Company Targeted By Indicted Russian Hacker, Musk Attests © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'The EUR/JPY is getting close to the POC zone. The zone is making a confluence of pivot points and 88.6 fib retracement. We could see a bounce. 125.30-40 zone is **Last 60 Days of Bitcoin's Closing Prices:** [9073.94, 9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-03 **Financial & Commodity Data:** - Gold Closing Price: $1927.60 - Crude Oil Closing Price: $41.37 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $221,698,609,209 - Hash Rate: 112592821.26339708 - Transaction Count: 310922.0 - Unique Addresses: 691592.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.79 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoinoptions trading on CME has flatlined after the exchange experienced massive growth and arecord-breakingexpiry last month. • CME’s bitcoin options open interest has grown barely 10% in July to $167 million at last check. • Less than 0.2% of Friday’s aggregate bitcoin options trading occurred on CME, according toSkew. • Open interest on Deribit, which represented 93% of Friday’s bitcoin options trading volume, has grown roughly 30% in July to $1.1 billion, down from $1.3 billion before the June expiry. • CME bitcoin options marketgrew 10xwithin a 30-day period between May and June on the heels ofrecord-breaking growthin its bitcoin futures market. • Bitcoin is the only cryptocurrency traded on CME Group, and the exchange currentlyhas no plansto launch additional cryptocurrency markets. • CME Bitcoin Options Flatline After Record Growth in June • CME Bitcoin Options Flatline After Record Growth in June • CME Bitcoin Options Flatline After Record Growth in June • CME Bitcoin Options Flatline After Record Growth in June... - Reddit Posts (Sample): [['u/Skyblue_Monty', 'Blood Bowl is an amazing game....', 94, '2020-09-03 01:13', 'https://www.reddit.com/r/bloodbowl/comments/ilhvyj/blood_bowl_is_an_amazing_game/', 'Blood Bowl is an amazing game... one week you are getting diced by Wood Elves the next you are pulling this off... lol \n\n\n[https://www.twitch.tv/skybluemonty/clip/EndearingFastHerbsTTours](https://www.twitch.tv/skybluemonty/clip/EndearingFastHerbsTTours?fbclid=IwAR0YdoH69gzEFEJiASR9zWUZ3gJO2V0MsrVVBfmw0A5LxlQR7MD_L20UbTc)', 'https://www.reddit.com/r/bloodbowl/comments/ilhvyj/blood_bowl_is_an_amazing_game/', 'ilhvyj', [['u/Zelash', 11, '2020-09-03 02:56', 'https://www.reddit.com/r/bloodbowl/comments/ilhvyj/blood_bowl_is_an_amazing_game/g3sjvqw/', 'Amazing', 'ilhvyj']]], ['u/[deleted]', "Gold bars worth $1.5m found in passenger's lunch box in UK, shoulda used bitcoin.", 181, '2020-09-03 02:22', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/', 'Eight gold bars said to be worth £750,000 (NZ$1.48 million) are being auctioned off in the UK after they were seized from a passenger flying to Dubai.\n\nThe haul was found in the lunch box of a flyer at Manchester Airport by HM Revenue and Customs in 2018, but under new “civil proceeds of crime powers laws”, the bars are being sold off this week.\n\nAll the proceeds are going back into the “public purse”, so will be spent on services including hospitals and schools.\n\nThe gold bars weighed in at 16kg, or as the Customs described it, the “average weight of an adult Staffordshire Bull Terrier”.\n\nThe passenger who had been carrying the bars has not faced criminal prosecution.\n\nGill Hilton, assistant director at HMRC\'s Fraud Investigation Service, said it was the first time the 2017 Criminal Finance Act had been used to “seize and forfeit a listed asset, and it should act as a deterrent to criminals looking to trade assets such as precious metals”.\n\n”If they are the proceeds of crime or intended for unlawful conduct, we now have the powers to take them from criminals.\n\n"We are determined to cut off the funds that finance serious crime in the UK."', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/', 'ilj193', [['u/roveridcoffee', 151, '2020-09-03 02:35', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3shj5m/', 'Evidence of crime? My understanding is "none". So it\'s just border control stealing funds...', 'ilj193'], ['u/TerrapinSoup', 10, '2020-09-03 03:08', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3sl51p/', 'This is the best argument when comparing bitcoin to not just gold, but anything. Land, money, any asset. Everything can be stolen by criminals and if not them it can be stolen by government. Bitcoin is the one true thing in this world which cannot be taken from you. It is the one thing you have absolute ownership of.', 'ilj193'], ['u/MarcusRatz', 46, '2020-09-03 03:08', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3sl75k/', "Seems to be common across the five eyes now days. In Australia, you can be found not guilty of crime, but the government can still seize your assets, if they believe that on balance of probability, you should have been found guilty. And in the USA, well, they've made a multi-billion dollar industry of cops seizing funds from people that have never been convicted of any crimes. \n\nThis is actually the reason why I don't support the use of hardware wallets. A hardware wallet tells everyone, from cops to gangsters, that you own bitcoin. Thus, the cops can put you in jail until you hand over the bitcoin, or gangsters will keep hitting you with a five dollar wrench until you hand over the bitcoin if they find you in possession of a hardware wallet. I have a small amount in my phone wallet, that I spend, or can hand over if threatened, with the rest stored in my head as 12 memorised seed words.", 'ilj193'], ['u/ultrajoba', 12, '2020-09-03 03:46', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3spkcb/', 'Store well...until you accidentally bump your head and forget one word or the sequence. Brain seeds are good but you need to have a tangible back up. Or even better a tangible clue that can lead you to the seeds.', 'ilj193'], ['u/Street_Governments', 20, '2020-09-03 04:03', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3srde6/', 'How do you have that much gold and be stupid enough to try to walk it on a plane.', 'ilj193'], ['u/SpecialX', 48, '2020-09-03 04:27', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3stx3d/', 'Seed phrase in memory alone? Say goodbye to that coin lmao', 'ilj193'], ['u/Chipjack', 43, '2020-09-03 05:41', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3t1lil/', 'The US gets a lot of shit for using yards and gallons instead of meters and liters like the rest of the world, but I just want to point out that UK Customs is willing to measure the weight of gold in "average adult Staffordshire Bull Terriers" and I think that\'s pretty damn funny.', 'ilj193'], ['u/punto-', 13, '2020-09-03 06:00', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3t3j5s/', "I don't get it, is it illegal to own gold ? If he's not being prosecuted then what is the problem ? Do they just take your shit and sell it because they feel like it ?", 'ilj193'], ['u/punto-', 10, '2020-09-03 07:03', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3t92w4/', 'That logic only makes sense if they charge him with a crime', 'ilj193'], ['u/belaxi', 29, '2020-09-03 07:05', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3t98po/', 'Easier than it might seem with a little effort. Mnemonics are powerful. It took me about a week to memorize an entire specific order for a “randomly shuffled deck” (the deck is stacked). So 52 parts with more variables than just digits, and that was just to impress girls at bars. \n\nQuick note: the girls were not impressed.', 'ilj193'], ['u/Subwayyysurfer', 12, '2020-09-03 09:36', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3tjezb/', "Like i'm gonna remember the names of all of my 24 kids...", 'ilj193'], ['u/anon517', 12, '2020-09-03 09:46', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3tk0fd/', 'No, because you just measured your washing machine against the regular size of one.', 'ilj193']]], ['u/xd1gital', 'To AntPool, ViaBTC and other undecided miners: There is no rule to stop you sharing your income with ABC if you run BCHN', 49, '2020-09-03 05:40', 'https://www.reddit.com/r/btc/comments/ilm29s/to_antpool_viabtc_and_other_undecided_miners/', "You can stop this split now, stop the uncertainty. Your electricity won't be wasted if there is no split", 'https://www.reddit.com/r/btc/comments/ilm29s/to_antpool_viabtc_and_other_undecided_miners/', 'ilm29s', [['u/jonald_fyookball', 25, '2020-09-03 05:42', 'https://www.reddit.com/r/btc/comments/ilm29s/to_antpool_viabtc_and_other_undecided_miners/g3t1omn/', ">You can stop this split now,\n\nI don't see a split. No BCH miners signal for ABC. ABC chain will be a minority chain. It's what everyone wants and will get.", 'ilm29s'], ['u/xd1gital', 19, '2020-09-03 05:52', 'https://www.reddit.com/r/btc/comments/ilm29s/to_antpool_viabtc_and_other_undecided_miners/g3t2pzw/', "As long as we see the trolls here, I am certainly sure that we're on the right track.", 'ilm29s'], ['u/fromsmart', 21, '2020-09-03 06:01', 'https://www.reddit.com/r/btc/comments/ilm29s/to_antpool_viabtc_and_other_undecided_miners/g3t3p9a/', 'looking at your comment history I recommend seeing a professional.', 'ilm29s'], ['u/Cmoz', 16, '2020-09-03 06:19', 'https://www.reddit.com/r/btc/comments/ilm29s/to_antpool_viabtc_and_other_undecided_miners/g3t5ck0/', 'At least BCH has competing dev teams to handle a situation like this. \n\nImagine if Wladamir backed by Blockstream & Co pulled a move like this (remember that theres nothing actually stopping them from doing so). BTC would be screwed.', 'ilm29s'], ['u/Bagatell_', 13, '2020-09-03 08:27', 'https://www.reddit.com/r/btc/comments/ilm29s/to_antpool_viabtc_and_other_undecided_miners/g3tf6s4/', '> The miners came up with the idea to create a fair way to support development. \n\nNot really.\n\n[Myth #1: “But This Wasn’t Amaury’s Decision, It Comes From the Miners!”](https://read.cash/@jonald_fyookball/amaurys-ifp-is-incompatible-with-bitcoin-cash-cadaec1a#myth-1-but-this-wasnt-amaurys-decision-it-comes-from-the-miners)', 'ilm29s'], ['u/Ant-n', 12, '2020-09-03 09:12', 'https://www.reddit.com/r/btc/comments/ilm29s/to_antpool_viabtc_and_other_undecided_miners/g3ti1l4/', '>\tLol i love you guys begging your dictators not to impose harsh laws and taxes on your centralized shitcoin\nWhen are you gonna admit we were right all along?\n\nWho were right?\n\nThe crippled coin fanboys?', 'ilm29s']]], ['u/AutoModerator', '[Daily Discussion] Thursday, September 03, 2020', 48, '2020-09-03 06:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/ilmeph/daily_discussion_thursday_september_03_2020/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n**Other ways to in... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Launched on 31st August 2020, FACT (“Fee Active Collateral Token”), a lending protocol, has entered the DeFi scene with a bang. Its unique product allows cryptocurrency investors to deposit various stablecoins as collateral, all with zero interest rate. FACT’s investment model is designed to give investors a new passive income model, as opposed to traditional staking used in other DeFi protocols. Also Read | The Major Upside of Bitcoin – What Does It Mean? It’s noteworthy that DeFi lending and staking are now gaining popularity in the cryptocurrency, as they allow you to make money even while you sleep. To that end, FACT introduced its unique lending model to help investors earn passive returns on both their deposits and investments. By staking FACT, you’re automatically considered a Liquidity Provider, using your collateral to hedge against volatility in the crypto markets. To get you started, here\'s how you can easily earn passive income with FACT. Also Read | Marsan Bitcoin Exchange - Everything You Need to Know First, deposit Dai (or any other supported token) at 0% interest as collateral to get FACT for liquidity mining. To help sustain the platform, borrowers pay a one-time 2% processing fee to liquidity providers (i.e., stakers). Then, you can stake FACT to earn passive returns. By staking FACT, you\'ll be recognized as a Liquidity Provider and you will receive a share of the 2% fixed borrowing fee. In addition to liquidity providing , you\'ll receive a part of the tokens (7 million FACT) allocated for staking rewards. Keep in mind that your earnings are determined by two factors: how much FACT you stake and how long your crypto-assets are locked in the system, As a liquidity provider you’ll get the 2% distributed as long as you are staking FACT. FACT is the native token, so you don\'t need to hold token ETH/FACT pairs — say 50% ETH and 50% FACT — to become a liquidity provider. Also, as a staker, you\'ll not be affected by price fluctuations and impermeant losses since you\'re only contributing to the liquidity pool by only FACT. Story continues FACT was recently listed on popular decentralized exchange Uniswap, in what was a high-profile launch. This massive partnership has helped early-stage FACT investors successfully earn a whopping 1400% return on their investments. In what was a strategic move aimed at getting better exposure and more traction, FACT scored another exchange partnership with Hotbit four days later. For the unfamiliar, Hotbit is an exchange that allows you to trade virtually every major cryptocurrency, more than every other exchange in the crypto space. 20,000 FACT tokens will be burned every month and most of the remaining tokens will be locked up in FACT\'s smart contract to provide liquidity to the mining pool. The smart contract is already in development, and HODLers will be able to stake their tokens starting from 20th September, 2020. September will be a significant month for the project, with operations kicking into full swing this month. Several \'updates\' have been rolled out already, such as the Uniswap token listing, presale Liquidity lock and Hotbit listing. Moreover, plans are already in place for major announcements like the Probit and Kucoin listings (in the coming weeks), beta release, and staking dApp launch which are highly anticipated in the community. FACT Project Roadmap; major announcements expected in September FACT has a circulating supply of 400,000 while as of September 3 (i.e., after the first FACT coin burn), the total supply is 15,382,000. Out of the total supply of FACT, 5.5 million FACT available to the liquidity pool. To reduce the supply of FACT tokens, FACT DAO will burn 20,000 FACT every month, thereby preventing inflation. Since FACT is a deflationary currency, its value will only increase over time while the supply reduces. As such, stakers will keep earning better rewards for liquidity mining. Considering the overall complexity of the project and the ambitious vision of the team, FACT has already made a lasting impression in less than a week (precisely three days) after its launch. It\'s important to note FACT is much more than a cryptocurrency; it\'s an ecosystem supporting crypto stakeholders who believe in the future of money: decentralized finance. With a fast-growing community of passionate investors and several groundbreaking features to be added in the future (launching its DEX, for instance), FACT is no doubt one innovative project to watch out for in the DeFi space. Through zero-interest lending, lucrative staking rewards and yield farming, the future looks bright, for a FACT ! For more information on FACT and how it\'s not "just another lending protocol", you can read the whitepaper: https://fact.finance/FACT_WHITEPAPER_V11.pdf Contract address: 0x23aEfF664c1B2bbA98422a0399586e96cc8a1C92 Follow FACT on Twitter: https://twitter.com/factdefi Telegram official community: https://t.me/factfinance Telegram official Korean community: https://t.me/factfinancekor FACT website: https://fact.finance Media inquiries: [email protected]', 'Launched on 31st August 2020, FACT (“Fee Active Collateral Token”), a lending protocol, has entered the DeFi scene with a bang. Its unique product allows cryptocurrency investors to deposit various stablecoins as collateral, all with zero interest rate. FACT’s investment model is designed to give investors a new passive income model, as opposed to traditional staking used in other DeFi protocols.\nAlso Read |The Major Upside of Bitcoin – What Does It Mean?\nIt’s noteworthy that DeFi lending and staking are now gaining popularity in the cryptocurrency, as they allow you to make money even while you sleep. To that end, FACT introduced its unique lending model to help investors earn passive returns on both their deposits and investments.\nBy staking FACT, you’re automatically considered a Liquidity Provider, using your collateral to hedge against volatility in the crypto markets. To get you started, here\'s how you can easily earn passive income with FACT.\nAlso Read |Marsan Bitcoin Exchange - Everything You Need to Know\nFirst, deposit Dai (or any other supported token) at 0% interest as collateral to get FACT for liquidity mining. To help sustain the platform, borrowers pay a one-time 2% processing fee to liquidity providers (i.e., stakers).\nThen, you can stake FACT to earn passive returns. By staking FACT, you\'ll be recognized as a Liquidity Provider and you will receive a share of the 2% fixed borrowing fee. In addition to liquidity providing , you\'ll receive a part of the tokens (7 million FACT) allocated for staking rewards. Keep in mind that your earnings are determined by two factors: how much FACT you stake and how long your crypto-assets are locked in the system, As a liquidity provider you’ll get the 2% distributed as long as you are staking FACT.\nFACT is the native token, so you don\'t need to hold token ETH/FACT pairs — say 50% ETH and 50% FACT — to become a liquidity provider. Also, as a staker, you\'ll not be affected by price fluctuations and impermeant losses since you\'re only contributing to the liquidity pool by only FACT.\nFACT was recently listed on popular decentralized exchange Uniswap, in what was a high-profile launch. This massive partnership has helped early-stage FACT investors successfully earn a whopping 1400% return on their investments. In what was a strategic move aimed at getting better exposure and more traction, FACT scored another exchange partnership with Hotbit four days later. For the unfamiliar, Hotbit is an exchange that allows you to trade virtually every major cryptocurrency, more than every other exchange in the crypto space.\n20,000 FACT tokens will be burned every month and most of the remaining tokens will be locked up in FACT\'s smart contract to provide liquidity to the mining pool. The smart contract is already in development, and HODLers will be able to stake their tokens starting from 20th September, 2020.\nSeptember will be a significant month for the project, with operations kicking into full swing this month. Several \'updates\' have been rolled out already, such as the Uniswap token listing, presale Liquidity lock and Hotbit listing.\nMoreover, plans are already in place for major announcements like the Probit and Kucoin listings (in the coming weeks), beta release, and staking dApp launch which are highly anticipated in the community.\nFACT Project Roadmap; major announcements expected in September\nFACT has a circulating supply of 400,000 while as of September 3 (i.e., after the first FACT coin burn), the total supply is 15,382,000.\nOut of the total supply of FACT, 5.5 million FACT available to the liquidity pool. To reduce the supply of FACT tokens, FACT DAO will burn 20,000 FACT every month, thereby preventing inflation. Since FACT is a deflationary currency, its value will only increase over time while the supply reduces. As such, stakers will keep earning better rewards for liquidity mining.\nConsidering the overall complexity of the project and the ambitious vision of the team, FACT has already made a lasting impression in less than a week (precisely three days) after its launch. It\'s important to note FACT is much more than a cryptocurrency; it\'s an ecosystem supporting crypto stakeholders who believe in the future of money: decentralized finance.\nWith a fast-growing community of passionate investors and several groundbreaking features to be added in the future (launching its DEX, for instance), FACT is no doubt one innovative project to watch out for in the DeFi space. Through zero-interest lending, lucrative staking rewards and yield farming, the future looks bright, for aFACT!\nFor more information on FACT and how it\'s not "just another lending protocol", you can read the whitepaper:https://fact.finance/FACT_WHITEPAPER_V11.pdf\nContract address:0x23aEfF664c1B2bbA98422a0399586e96cc8a1C92\nFollow FACT on Twitter:https://twitter.com/fac **Last 60 Days of Bitcoin's Closing Prices:** [9375.47, 9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-04 **Financial & Commodity Data:** - Gold Closing Price: $1923.90 - Crude Oil Closing Price: $39.77 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $193,332,267,450 - Hash Rate: 117829696.67099696 - Transaction Count: 298286.0 - Unique Addresses: 680093.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.40 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Trading volumes of ether (ETH) — both spot and futures — are rising faster than bitcoin (BTC) volumes, according to The Block Research.It means traders are trading ETH relatively more compared to BTC. One of the main possible reasons for the shift is the recent decentralized finance (DeFi) boom.The Block’s Larry Cermaklooked atthe ETH/BTC spot volume ratio from exchanges with legitimate volume and found that the ratio has grown from about 16% in September 2019 to about 50% now. Source: CryptoCompare, The Block ResearchAs for futures trading volumes, the ETH/BTC ratio has grown from about 8% in September 2019 to about 29% now. Overall, rising ETH trading volumes show that there could be further room for ETH price to grow, according to Cermak. While there is increasing interest in ETH, its market capitalization is still about five times smaller than bitcoin’s, and ETH spot volumes are twice lower, and futures volumes are three times smaller than bitcoin volumes. To read thefull reportand more such data-driven stories, subscribe toThe Block Research. © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.... - Reddit Posts (Sample): [['u/gotamd', 'The Automod Bot Now Responds to Every Comment with the Word "BCash" in It', 46, '2020-09-04 01:01', 'https://www.reddit.com/r/btc/comments/im4azu/the_automod_bot_now_responds_to_every_comment/', "Please, mods, please turn this off. We all know. There's no need to have this bot create spam, such as in this post: https://www.reddit.com/r/btc/comments/ilxksg/btg_is_being_delisted/\n\nEDIT: I found a workaround by simply blocking automod. I don’t know what other impacts that may have, but it works for me. Now its comments won’t monopolize my phone screen.https://i.imgur.com/qLb7LCU.jpg", 'https://www.reddit.com/r/btc/comments/im4azu/the_automod_bot_now_responds_to_every_comment/', 'im4azu', [['u/Justin_Other_Bot', 11, '2020-09-04 01:15', 'https://www.reddit.com/r/btc/comments/im4azu/the_automod_bot_now_responds_to_every_comment/g3x4xh6/', 'Is that so automod? Can you explain bcash in a little more detail?', 'im4azu'], ['u/World_Money', 13, '2020-09-04 01:19', 'https://www.reddit.com/r/btc/comments/im4azu/the_automod_bot_now_responds_to_every_comment/g3x5dfw/', "That's super fucking annoying.", 'im4azu'], ['u/phillipsjk', 22, '2020-09-04 02:11', 'https://www.reddit.com/r/btc/comments/im4azu/the_automod_bot_now_responds_to_every_comment/g3xecwf/', "I don't think the bot necessarily needs to be removed: just rate-limited to like 3% of comments in a thread or something.", 'im4azu'], ['u/500239', 13, '2020-09-04 02:25', 'https://www.reddit.com/r/btc/comments/im4azu/the_automod_bot_now_responds_to_every_comment/g3xg1im/', 'Agreed or to posters with a history of using that word', 'im4azu'], ['u/jonald_fyookball', 17, '2020-09-04 04:41', 'https://www.reddit.com/r/btc/comments/im4azu/the_automod_bot_now_responds_to_every_comment/g3xush5/', '>r to posters with a history of using that word\n\nThis would be perfect... would allow it to be used "normally" without a dumb bot freaking out all the time, but at the same time would be annoying to trolls who are abusive.', 'im4azu']]], ['u/Raverrevolution', 'Little pep talk for you newbs and other too. Hard facts you need to remember about bitcoin!', 80, '2020-09-04 02:07', 'https://www.reddit.com/r/Bitcoin/comments/im5e19/little_pep_talk_for_you_newbs_and_other_too_hard/', "Don't let these dips sway your thoughts into thinking doom and gloom.\n\nJust remember this;\n\n1)Fiat money has the ability to become worthless due to the fact that a central entity controls its production. In times of crisis they'll print too much and as much as they could which will just cause everything out there to be worth less.\n\n2)Companies (stocks) have the ability to become worthless as well being that they function on the dollar as a piggyback. They got pumped due to the dollar, NOT because they did better business. Maybe Amazon and Tesla, but other companies no.\n\n3)Bitcoin needs a DEMOCRACY to become worthless, meaning that for bitcoin to become worthless 100% of its participants have to agree on this AT THE SAME TIME. All miners have to shut down, all nodes have to shut down, many bitcoin businesses need to close doors, etc.\n\nBitcoin is the first time in human history that we have DIGITAL SCARCITY. That alone will make bitcoin always worth it to everyone. So do not become fazed by this. Just use this opportunity to buy more.", 'https://www.reddit.com/r/Bitcoin/comments/im5e19/little_pep_talk_for_you_newbs_and_other_too_hard/', 'im5e19', [['u/soontobesilenced', 26, '2020-09-04 02:43', 'https://www.reddit.com/r/Bitcoin/comments/im5e19/little_pep_talk_for_you_newbs_and_other_too_hard/g3xi3pc/', "pep talk? everyone waiting for a better price just got it. it's been uptrending for 6 months. obviously that had to end some time. why is a lower price bad? it's a buyers market now instead of a sellers market. that's great for buyers.", 'im5e19'], ['u/CraftyMuthafucka', 10, '2020-09-04 04:54', 'https://www.reddit.com/r/Bitcoin/comments/im5e19/little_pep_talk_for_you_newbs_and_other_too_hard/g3xw2bo/', 'I think he’s pep talking himself.', 'im5e19']]], ['u/rotaryfurball', 'If the Stock Market Opens Red Tomorrow, Expect Massive Dips in Bitcoin; Bitcoin Growth/Dip == Stock Market', 198, '2020-09-04 03:48', 'https://www.reddit.com/r/Bitcoin/comments/im6z0j/if_the_stock_market_opens_red_tomorrow_expect/', "As the title suggests. \n\nI see posts of people asking whether to buy or not. No one knows but one thing is for sure, but when the election comes around in one month and stimulus starts drying out the stock market is going to crash, the FEDs can't QE forever. With that being said, Bitcoin follows the stock market. Today the stock market, dropped near 4%. Bitcoin dropped 8% and in the plague like dips in March/April. Bitcoin just doubles the dips of the stock market. \n\n​\n\nSource: My ass.", 'https://www.reddit.com/r/Bitcoin/comments/im6z0j/if_the_stock_market_opens_red_tomorrow_expect/', 'im6z0j', [['u/tommygunz007', 14, '2020-09-04 03:53', 'https://www.reddit.com/r/Bitcoin/comments/im6z0j/if_the_stock_market_opens_red_tomorrow_expect/g3xpu6l/', "Let's hope it hits 6k so we can buy more. 6k 6k 6k", 'im6z0j'], ['u/Libertos', 14, '2020-09-04 04:30', 'https://www.reddit.com/r/Bitcoin/comments/im6z0j/if_the_stock_market_opens_red_tomorrow_expect/g3xtmjj/', 'I wonder if whales sometimes time their sells to things like a falling stock market, so people will think correlation is causation, and when the stock market drops again people will freak out, sell more BTC and guess who is waiting to drink the tears of the scared sellers and scoop up cheaper BTC? Just my random thoughts...\n\nBuy the dips boys and HODL!', 'im6z0j'], ['u/Chipjack', 127, '2020-09-04 04:49', 'https://www.reddit.com/r/Bitcoin/comments/im6z0j/if_the_stock_market_opens_red_tomorrow_expect/g3xvmr6/', ">Source: My ass.\n\nWhether I agree with your prediction or not, I *have* to appreciate your transparency. At the very least, you've given us something to think about and that's never a bad thing. Thanks for sharing your thoughts with us.", 'im6z0j'], ['u/HellHathNoFlurry', 23, '2020-09-04 05:00', 'https://www.reddit.com/r/Bitcoin/comments/im6z0j/if_the_stock_market_opens_red_tomorrow_expect/g3xwq52/', "I think you're right about the stock market. I'm out of work, so last week I sold enough stock to cover my living expenses for a year. With businesses shutting down, people out of work, stimulus money drying up, riots/looting/mayhem in our cities, and a contentious election coming up in which there's a possibility that either side won't accept the results if the other side wins... it seemed a good time to mitigate some risk! I don't think stocks can continue in a direction that diverges from the economic and political events that I'm seeing in the news every day. I'm still hodling though 🤣", 'im6z0j'], ['u/Oninteressant123', 25, '2020-09-04 05:34', 'https://www.reddit.com/r/Bitcoin/comments/im6z0j/if_the_stock_market_opens_red_tomorrow_expect/g3y075e/', "I mean even the hedge-fundiest of whales can only predict the market with like 54% accuracy so I'd say OP's ass is a perfectly good source.", 'im6z0j'], ['u/LegendOfJeff', 17, '2020-09-04 06:20', 'https://www.reddit.com/r/Bitcoin/comments/im6z0j/if_the_stock_market_opens_red_tomorrow_expect/g3y4htr/', 'That used to be true. But since February, the correlation has been pretty strong.', 'im6z0j'], ['u/joeknowswhoiam', 10, '2020-09-04 09:31', 'https://www.reddit.com/r/Bitcoin/comments/im6z0j/if_the_stock_market_opens_red_tomorrow_expect/g3yijla/', '[It hasn\'t](https://www.blockchaincenter.net/cryptocurrency-correlation-study/) been "strong". Never even came close to 0.5... at best you\'ve just demonstrate that a global negative event like COVID-19, affecting every single country\'s economy also has an effect on Bitcoin, not sure it really needed such a deep analysis to come to predict this though. Yes exchanges and businesses accepting Bitcoin also deal with fiat a lot and also require customers to do business... When there are less customers or they can\'t be as economically active as usual (e.g. they have lost their jobs/businesses/etc.), it has a negative impact on the economy... who\'d a thunk it?', 'im6z0j']]], ['u/THE_YB', 'NANO vs PAYPAL (& Smart Contracts)', 16, '2020-09-04 05:48', 'https://www.reddit.com/r/nanocurrency/comments/im8t8u/nano_vs_paypal_smart_contracts/', "Hi im a crypto noob but wanted to invest long term in an asset with 10-1000x return possibility. Obviously stocks being stupidly over valued crypto was the only option.\n\nI have used BTC in the past and was SHOCKED at how shit it was given the hype e.g. Took 1hr to send and cost 30% transaction fees. So I asked a tech friend about alternatives and he said Nano - instant & free - great i thought and purchased my first 500 at 1.32 a few weeks ago.\n\nMy luck nano tanked today but i had planned on buying 2k worth anyway and was looking to buy at 0.85,0.55 and 0.35 (apprx support levels).\n\nHOWEVER (and this is my question), before i brought my next lot of Nano i was looking at Reddit for some more fundamental analysis before really committing to the full 2k+ plan.. In doing so i stumbled on 1 big flaw.\n\nWhy would someone use Nano over Paypal? Now i understand the Niche crypto community dont care about paypal users and I agree paypal is expensive & nazi-ish but as an investor who wants their coin to achieve MASS multi-billion user adoption we have to be realistic here.. Consumers drive demand for currency - if a ccy doesnt benefit the consumer in someway it will be difficult for nano to become a 'macro' ccy.\n\nThe speed is cool but paypal matches the speed. The fees? the consumer doesnt pay them anyway. You could argue thtat suppliers pass the fees back onto the consumer though so i guess that is a fair point. BUT the biggest barrier imo is the SAFETY that paypal/ credit card companies provide.\n\nIf i was to buy something online using nano, i would have no guarantee that 1. ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 3.13% on Friday. Partially reversing a 10.80% tumble from Thursday, Bitcoin ended the day at $10,484.7. It was a mixed start to the day. Bitcoin fell to an early morning low $10,095 before making a move. Steering clear of the first major support level at $9,620, Bitcoin rallied to a late intraday high $10,644.0. Falling well short of the first major resistance level at $11,090, Bitcoin eased back to sub-$10,500 levels. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Friday. Tron’s TRX bucked the trend once more, sliding by 11.42% to partially reverse Thursday’s 15.94% breakout. It was a bullish day for the rest of the majors, however. EOS led the way, rallying by 14.50%. Bitcoin Cash ABC (+6.93%), Cardano’s ADA (+7.45%), Monero’s XMR (+5.53%), and Tezos (+7.20%) also found strong support. Binance Coin (+3.04%), Bitcoin Cash SV (+3.58%), Ethereum (+1.50%), Litecoin (+1.22% Ripple’s XRP (+3.82%), and Stellar’s Lumen (+1.83%) trailed the front runners. In the current week, the crypto total market rose to a Tuesday high $379.05bn before sliding to a Thursday low $303.72bn. At the time of writing, the total market cap stood at $322.50bn. Bitcoin’s dominance fell to a Wednesday low 58.79% before rising to a Thursday high 60.77%. At the time of writing, Bitcoin’s dominance stood at 59.75%. This Morning At the time of writing, Bitcoin was down by 0.40% to $10,443.0. A mixed start to the day saw Bitcoin rise to an early morning high $10,593.0 before falling to a low $10,442.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash ABC (-0.17%), Ethereum (-0.35%), and Litecoin (-1.34%) joined Bitcoin in the red. Story continues It was a bullish start for the rest of the majors, however. At the time of writing, EOS was up by 1.55% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $10,365 pivot level to support a run at the first major resistance level at $10,764. Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $10,644.0. Barring an extended crypto rally, the first major resistance level and Friday’s high would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $11,000 before any pullback. The second major resistance level sits at $11,043. Failure to avoid a fall through the $10,365 pivot would bring the first major support level at $10,086 into play. Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$10,000 levels on the day. The second major support level sits at $9,687. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – September 5th, 2020 USD/JPY Weekly Price Forecast – US Dollar Rallies Into Resistance USD/CAD Daily Forecast – U.S. Dollar Fails To Continue Its Rebound Gold Price Forecast – Gold Markets Continue to Show Current Area Bitcoin Down Almost 10% Today, You’ll Be Surprised to Hear What’s Next The Weekly Wrap – A Busy Economic Calendar Delivered Support for the Greenback', 'Bitcoin, BTC to USD, rose by 3.13% on Friday. Partially reversing a 10.80% tumble from Thursday, Bitcoin ended the day at $10,484.7. It was a mixed start to the day. Bitcoin fell to an early morning low $10,095 before making a move. Steering clear of the first major support level at $9,620, Bitcoin rallied to a late intraday high $10,644.0. Falling well short of the first major resistance level at $11,090, Bitcoin eased back to sub-$10,500 levels. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Friday. Tron’s TRX bucked the trend once more, sliding by 11.42% to partially reverse Thursday’s 15.94% breakout. It was a bullish day for the rest of the majors, however. EOS led the way, rallying by 14.50%. Bitcoin Cash ABC (+6.93%), Cardano’s ADA (+7.45%), Monero’s XMR (+5.53%), and Tezos (+7.20%) also found strong support. Binance Coin (+3.04%), Bitcoin Cash SV (+3.58%), Ethereum (+1.50%), Litecoin (+1.22% Ripple’s XRP (+3.82%), and Stellar’s Lumen (+1.83%) trailed the front runners. In the current week, the crypto total market rose to a Tuesday high $379.05bn before sliding to a Thursday low $303.72bn. At the time of writing, the total market cap stood at $322.50bn. Bitcoin’s dominance fell to a Wednesday low 58.79% before rising to a Thursday high 60.77%. At the time of writing, Bitcoin’s dominance stood at 59.75%. This Morning At the time of writing, Bitcoin was down by 0.40% to $10,443.0. A mixed start to the day saw Bitcoin rise to an early morning high $10,593.0 before falling to a low $10,442.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash ABC (-0.17%), Ethereum (-0.35%), and Litecoin (-1.34%) joined Bitcoin in the red. Story continues It was a bullish start for the rest of the majors, however. At the time of writing, EOS was up by 1.55% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $10,365 pivot level to support a run at the first major resistance level at $10,764. Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $10,644.0. Barring an extended crypto rally, the first major resistance level and Friday’s high would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $11,000 before any pullback. The second major resistance level sits at $11,043. Failure to avoid a fall through the $10,365 pivot would bring the first major support level at $10,086 into play. Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$10,000 levels on the day. The second major support level sits at $9,687. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – September 5th, 2020 USD/JPY Weekly Price Forecast – US Dollar Rallies Into Resistance USD/CAD Daily Forecast – U.S. Dollar Fails To Continue Its Rebound Gold Price Forecast – Gold Markets Continue to Show Current Area Bitcoin Down Almost 10% Today, You’ll Be Surprised to Hear What’s Next The Weekly Wrap – A Busy Economic Calendar Delivered Support for the Greenback', "NEW YORK, NY / ACCESSWIRE / September 5, 2020 /ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD).\nReal-Time Market Data is available atwww.alt5pro.comand Real-Time Market Data feed is also available atwww.alt5sigma.com.ALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH\nAbout ALT 5 Sigma Inc.\nALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance.\nALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers.\nALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services.\nFor more information, visitwww.alt5sigma.com.\nContact:\nAndre BeauchesneTel. [email protected]\nFor more information on ALT 5 Pay, visitwww.alt5pay.comFor more information on ALT 5 Pro, visitwww.alt5pro.com\nSOURCE:ALT 5 Sigma Inc.\nView source version on accesswire.com:https://www.accesswire.com/604959/ALT-5-Sigma-Digital-Instrument-Market-Summary-for-BTC-ETH-LTC-BCH", "NEW YORK, NY / ACCESSWIRE / September 5, 2020 /ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD).\nReal-Time Market Data is available atwww.alt5pro.comand Real-Time Market Data feed is also available atwww.alt5sigma.com.ALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH\nAbout ALT 5 Sigma Inc.\nALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance.\nALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers.\nALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services.\nFor more information, visitwww.alt5sigma.com.\nContact:\nAndre BeauchesneTel. [email protected]\nFor more information on AL **Last 60 Days of Bitcoin's Closing Prices:** [9252.28, 9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-05 **Financial & Commodity Data:** - Gold Closing Price: $1923.90 - Crude Oil Closing Price: $39.77 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $193,332,267,450 - Hash Rate: 123066572.0785968 - Transaction Count: 325523.0 - Unique Addresses: 685736.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.41 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Twitter claims “a coordinated social engineering attack” caused one of the world’s largest social media platforms to melt down on Wednesday after prominent celebrity profiles were used to promote a large-scale bitcoin scam. • A masstakeover of big-name celebritiesincluding former Vice President Joe Biden, former U.S. President Barack Obama, Kanye West and Elon Musk saw their accounts compromised,starting at 19:00 UTC. • Twitter said in a series of tweets that hackers targeted “some of” its employees who had access to internal tools, which they used “to take control of many highly visible (including verified) accounts and [t]weet on their behalf.” • The social media platform is looking into what else was impacted, while restoring accounts to their users. • Motherboard, VICE Magazine’s tech section, saidit spoke to two sourceswho took over accounts, who claimed they paid a Twitter insider to manage the takeovers. • Twitter being “highly centralized” led to the hack, said Ben Sigman, CTO at blockchain startup Make Sense Labs. • Twitter employees have “godmode” access to create tweets from any user, Sigman claimed. • It’s worth noting all addresses areBech32/Segwitaddresses, which helps narrow down the wallet and service being used. See also:Chainalysis Says Bitcoin Scammed From Twitter Users Is ‘On the Move’ • Twitter Says ‘Coordinated Social Engineering’ Attack Caused Bitcoin Scam • Twitter Says ‘Coordinated Social Engineering’ Attack Caused Bitcoin Scam • Twitter Says ‘Coordinated Social Engineering’ Attack Caused Bitcoin Scam • Twitter Says ‘Coordinated Social Engineering’ Attack Caused Bitcoin Scam... - Reddit Posts (Sample): [['u/[deleted]', 'Ive counted over 33 forks of btc. Is this not enough to disolve the narrative that forks are detrimental. Only one of theese forks represents Satoshis White Paper. BCH P2P Electronic Cash.', 30, '2020-09-05 00:00', 'https://www.reddit.com/r/btc/comments/impa51/ive_counted_over_33_forks_of_btc_is_this_not/', 'Bitcoin Cash: Forked at Block 478558, 1 August 2017, For each 1 BTC you get 1 BCH\nBytether: Cross fork from Bitcoin to Ethereum blockchain at block 478558, 1 August 2017. For each 1 BTC you get 1 BTH ERC-20 token.\nBitcoin Clashic: Forked at Block 478558, 1 August 2017. For each 1 BTC you get 1 BCHC / BCL\nBitcoin Gold: Forked at Block 491407, 24 October 2017, For each 1 BTC you get 1 BTG\nBitcoin Diamond: Forked at Block 495866, 24 November 2017, For each 1 BTC you get 10 BCD\nUnitedBitcoin: Forked at Block 498777, 12 December 2017, For each 1 BTC you get 1 UB\nBitcoin Hot: Forked at Block 498848, 12 December 2017, For each 1 BTC you get 100 BTH\nSuper Bitcoin: Forked at Block 498888, 12 December 2017, For each 1 BTC you get 1 SBTC\nBitcoinX: Forked at Block 498888, 12 December 2017, For each 1 BTC you get 10,000 BCX\nOil Bitcoin: Forked at Block 498888, 12 December 2017, For each 1 BTC you get 1 OBTC\nBitcoin World: Forked at Block 499777, 17 December 2017, For each 1 BTC you get 10000 BTW\nLightning Bitcoin: Forked at Block 499999, 19 December 2017, For each 1 BTC you get 1 LBTC\nBitcoin Stake: Forked at Block 4999999, 19 December 2017, For each 1 BTC, you get 100 BTCS\nBitEthereum: Forking on 21 December 2017, For each 1 BTC you get 3.940616 BITE\nBitcoin Top: Forked at Block 501118, 26 December 2017, For each 1 BTC you get 1 BTT\nBitcoin God: Forked at Block 501225, forked on 27th December 2017. For each 1 BTC you get 1 GOD\nBitcoin FILE: Forked at Block 501225, forked on 27th December 2017. For each 1 BTC you get 1000 BIFI\nBitcoin SegWit2X X11 Not to be confused with a previous fork SegWit2X with the same name. Forked at Block 501451, 28 December 2017. For each 1 BTC you get 1 B2X\nBitcoin Uranium: Forking on 31st December 2017, For each 1 BTC you get 1 BUM.\nBitcoin Pizza: Forking at Block 501888, 1st January 2018, For each 1 BTC you get 1 BPA\nBitcoin All: Forking on 1st January 2018, For each 1 BTC you get 1 BTA. Referenced on steemit post.\nBitcoin Cash Plus: Forking at Block 501407, Expected on 2nd of January 2018, For each 1 BTC you get 1 BCP\nBitcoin Smart: Forking at Block 505050, 21 January 2018, For each 1 BTC you get 1 BCS\nBitcoin Interest: Forking at Block 505083, 22 January 2018, For each 1 BTC you get 1 BCI\nQuantum Bitcoin: Forking on 28th January 2018, For each 1 BTC you get 1 QBTC\nBitcoin LITE: Forking on 30th January 2018, For each 1 BTC you get 1 BTCL\nBitcoin Ore: Forking on 31st January 2018, For each 1 BTC you get 1 BCO\nBitcoin Private: Forking in January 2018, For each 1 BTC you get 1 BTCP (also if you have 1 ZCL you get 1 BTCP)\nBitcoin ATOM: Forking at Block 505888 on 24 January 2018, For each 1 BTC you get 1 BCA\nBitcoin BitVote (BTV): Forking at Block 505050, 21 January 2018, For each 1 BTC you get 1 BTV\nBitcoin Stash (BSH): Forking at Block 556766, Expected on 15nd of November 2018, For each 1 BTC you get 1 BTCC\nBithereum (BTH): Forking at Block 555555, Expected on 12nd of December 2018, For each 1 BTC you get 1 BTCC\nBitcoin Core (BTCC): Forking at Block 576698, Expected on 20nd of May 2018, For each 1 BTC you get 1 BTCC\nBitcoin BiZero (BZX): Forking in January 2019, For each 1 BTC you get 1 BZX', 'https://www.reddit.com/r/btc/comments/impa51/ive_counted_over_33_forks_of_btc_is_this_not/', 'impa51', [['u/jonald_fyookball', 12, '2020-09-05 01:30', 'https://www.reddit.com/r/btc/comments/impa51/ive_counted_over_33_forks_of_btc_is_this_not/g426tjr/', '>Ive counted over 33 forks of btc. Is this not enough to disolve the narrative that forks are detrimental. Only one of theese forks represents Satoshis White Paper. BCH P2P Electronic Cash.\n\nGood research!\n\nJust to play devil\'s advocate: You are stating an opinion and a maximalist one at that. Other forks exist and other humans believe in them. Sure you can make an argument and have strong reasons but others can also make arguments. It might be better to say "Its the best version" or "by far the best" or "possibly the best", etc. rather than the only. All shades of opinion. And in the end the opinions don\'t matter. Crypto is freedom.', 'impa51'], ['u/knowbodynows', 11, '2020-09-05 02:11', 'https://www.reddit.com/r/btc/comments/impa51/ive_counted_over_33_forks_of_btc_is_this_not/g42b0fb/', '||block||1BTC:\n---|---:|---:|:---\nBitcoin Cash|478558|1 Aug 2017|1 BCH \nBytether|Cross fork from BTC to ETH @ 478558|1 Aug 2017|1 BTH ERC-20 token\nBitcoin Clashic|478558|13 Nov 2017|1 BCHC or BCL \nBitcoin Gold|491407|24 Oct 2017|1 BTG \nBitcoin Diamond|495866|24 Nov 2017|10 BCD \nUnitedBitcoin|498777|12 Dec 2017|1 UB \nBitcoin Hot|498848|12 Dec 2017|100 BTH \nSuper Bitcoin|498888|12 Dec 2017|1 SBTC \nBitcoinX|498888|12 Dec 2017|10,000 BCX \nOil Bitcoin|498888|12 Dec 2017|1 OBTC \nBitcoin World|499777|17 Dec 2017|10,000 BTW \nLightning Bitcoin|499999|19 Dec 2017|1 LBTC \nBitcoin Stake|499999|19 Dec 2017|100 BTCS \nBitEthereum| |21 Dec 2017|3.940616 BITE \nBitcoin Top|501118|26 Dec 2017|1 BTT \nBitcoin God|501225|27 Dec 2017|1 GOD \nBitcoin FILE|501225|27 Dec 2017|1000 BIFI \nBitcoin SegWit2X X11 Not to be confused with a previous fork SegWit2X with the same name|501451|28 Dec 2017|1 B2X \nBitcoin Uranium| |31 Dec 2017|1 BUM. \nBitcoin Pizza|501888|1 Jan 2018|1 BPA \nBitcoin All| |1 Jan 2018|1 BTA. Referenced on steemit post. \nBitcoin Cash Plus|501407|Expected on 2 Jan 2018|1 BCP \nBitcoin Smart| 505050|21 Jan 2018|1 BCS \nBitcoin Interest| 505083|22 Jan 2018| 1 BCI \nQuantum Bitcoin| | 28 Jan 2018|1 QBTC \nBitcoin LITE| |30 Jan 2018| 1 BTCL \n Bitcoin Ore| | 31 Jan 2018| 1 BCO\nBitcoin Private| | Jan 2018|1 BTCP (+ 1 BTCP per 1 ZCL) \nBitcoin BitVote| 505050|21 Jan 2018|1 BTV\nBitcoin ATOM| 505888 |24 Jan 2018|1 BCA \nBitcoin Stash| 556766|15 Nov 2018|1 BSH\nBithereum| 555555|12 Dec 2018| 1 BTH \nBitcoin Core| 576698|20 May 2018|1 BTCC \nBitcoin BitZero| | Jan 2019| 1 BZX\nBitcoin Platinum|\nBitcoin Peso|', 'impa51']]], ['u/JuicySpark', "READ THIS NOW: My life of SHOULD'VE, WOULD'VE, COULD'VE until I discovered Crypto.", 66, '2020-09-05 01:24', 'https://www.reddit.com/r/CryptoCurrency/comments/imqoqk/read_this_now_my_life_of_shouldve_wouldve_couldve/', '\n\n\nMostly all here are invested into Crypto. We all have our own reasons, methods, values of how we invest our money. One thing in common is we all have one main goal. That is to get as much money as possible out of this with the time, and money we can spare. \n\n##That\'s the dam truth##. \n\nWe are all here together, and since we are all here on our own will , I want to tell you why you should be proud to hold all your crypto. \n\n\nI\'m 40 years old. At 18 after I graduated HS I had about $7800. $1400 from my graduation party, and $6400 selling my MTG collection on EBay. I also managed a small arcade for about $350 a week. \n\nBack to my MTG collection...\n\nI sold it because it changed. The designs on the new series looked too modern. The original designs were a work of art. \n\nAnyway, I seriously wanted to hold those magic cards but I kept telling myself...\n\n*"I can get them back if I want. The price isn\'t going to move anytime soon. The market is in slight decline. Some of these have been the same price for 2 years now."* \n\nI was right, the price of my two Lotus\'s stayed the same for 5 more years. Not budging . 12 years later after that , those same two cards value at over $60,000ea I believe. If I held untill a few years ago or now, I would\'ve been able to do a quick sale at $400,000. Yes at a discount.\n\nThe same goes for all the first edition garbage pail kids I had. \n\n##So, what did I do with all $7800##?\n\nI told myself I want to invest it into Microsoft. But I talked myself out of it by saying \n\n*"Some people told me the market was a risk, and I had to prepare myself to lose it all"*\n\nSo I didn\'t do it. I was close, but I didn\'t. I could\'ve had OVER A MILLION! \n\nI instead used that money for a school. Business computer programming.\nIt was a waste because 90% of what they taught me came natural. I was doing basic programming at 13 for fun. \n\nI regret not going with my initial FOMO on Microsoft , I regret listening to my own FUD with the MTG cards. \n\n\n7 years later, I repeated the same mistake...\n\nI had about $15,000 in the bank. I wanted to invest $10,000 in apple after I read about the release of the iphone. Instead opted to do 5k over FUD I read. It was FUD about the risk since they never made phones, and alot of people were ridiculing their idea. \n\nThen I said to myself...\n\n*"Fuck that, I don\'t want to do this. I could do so much more with this 5k"* \n\nI instead used the 15k turbocharge my transam, add a racing transmission, tires, rims, new stero system, and I took a 2 week vacation ...GONE!\n\nI got what I wanted. Got laid a bunch of times, went to car shows. That could of been $500k by now. \n\nTo top this off, I missed out on a quick $78,000 win at the racetrack because if my own FUD. Horses.\n\nI lost $200, and was left with only I $5 that night. I decided, "you know what, fuck it, I\'m going to do a completely off the wall wild bet. \n\n I did a completely wild bet for $5. I picked all longshots in what they call a "Superfecta"(4 horses in that exact order 1st, 2nd, 3rd, 4th place prediction. \n\n1 minute before the race started, I Cancelled the bet. I told myself ...\n\n*"this is stupid, 99:1, 78:1, 56:1, 38:1 long shots coming out in this order? THATS INSANE...Why am I blowing 5 away? Fuck that, I instead put $5 on the 10:1 to win hopefully my to maybe get $50 back "* \n\nWell. Guess what? The 3nd largest superfecta payout in history. No body won it! It came out i... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, slid by 2.74% on Saturday. Partially reversing a 3.13% gain from Friday, Bitcoin ended the day at $10,196.9. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $10,593.0 before hitting reverse. Falling short of the first major resistance level at $10,764, Bitcoin slid to a late intraday low $9,925.5. Bitcoin fell through the first major support level at $10,086 before finding late support. Late in the day, Bitcoin moved back through the first major support level to wrap up the day at $10,190 levels. The near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Saturday. Tron’s TRX and Ethereum tumbled by 15.96% and by 13.69% respectively to lead the way down. Binance Coin (-7.32%), Cardano’s ADA (-11.59%), Ripple’s XRP (-6.62%), Stellar’s Lumen (-7.32%), and Tezos (-9.61%) also saw particularly heavy losses. Bitcoin Cash ABC (-5.07%), EOS (-2.02%), Litecoin (-5.77%), and Monero’s XMR (-5.98%) saw relatively modest losses. Bitcoin Cash SV bucked the trend on the day, rising by 0.25%. In the current week, the crypto total market rose to a Tuesday high $379.05bn before sliding to a Saturday low $279.73bn. At the time of writing, the total market cap stood at $306.87bn. Bitcoin’s dominance fell to a Wednesday low 58.79% before rising to a Saturday high 61.97%. At the time of writing, Bitcoin’s dominance stood at 61.36%. This Morning At the time of writing, Bitcoin was up by 0.23% to $10,220.0. A mixed start to the day saw Bitcoin fall to an early morning low $10,147.0 before rising to a high $10,225.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bianance Coin (-0.79%) and Tezos (-0.56%) saw red early on. Story continues It was a bullish start for the rest of the majors, however. At the time of writing, Bitcoin Cash SV was up by 2.24% to lead the way early on. For the Bitcoin Day Ahead Bitcoin would need to move through the $10,239 pivot level to support a run at the first major resistance level at $10,551. Support from the broader market would be needed, however, for Bitcoin to break back through to $10,500 levels. Barring an extended crypto rally, the first major resistance level and Saturday’s high $10,593.0 would likely cap any upside. In the event of a crypto breakout, the second major resistance level at $10,906 would likely come into play. Failure to move through the $10,239 pivot would bring the first major support level at $9,884 into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of the second major support level at $9,571. This article was originally posted on FX Empire More From FXEMPIRE: Crude Oil Price Forecast – Crude Oil Markets Breakthrough Moving Averages Natural Gas Price Forecast – Natural Gas Markets Give Up Early Gains EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – September 5th, 2020 S&P 500 Weekly Price Forecast – Stock Markets Pullback to Recent Break Out The Crypto Daily – The Movers and Shakers – September 6th, 2020 S&P 500 Price Forecast – Stock Markets Looking for Support', 'Bitcoin, BTC to USD, slid by 2.74% on Saturday. Partially reversing a 3.13% gain from Friday, Bitcoin ended the day at $10,196.9.\nIt was a mixed start to the day. Bitcoin rose to an early morning intraday high $10,593.0 before hitting reverse.\nFalling short of the first major resistance level at $10,764, Bitcoin slid to a late intraday low $9,925.5.\nBitcoin fell through the first major support level at $10,086 before finding late support.\nLate in the day, Bitcoin moved back through the first major support level to wrap up the day at $10,190 levels.\nThe near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day for the majors on Saturday.\nTron’s TRX and Ethereum tumbled by 15.96% and by 13.69% respectively to lead the way down.\nBinance Coin (-7.32%), Cardano’s ADA (-11.59%), Ripple’s XRP (-6.62%), Stellar’s Lumen (-7.32%), and Tezos (-9.61%) also saw particularly heavy losses.\nBitcoin Cash ABC (-5.07%), EOS (-2.02%), Litecoin (-5.77%), and Monero’s XMR (-5.98%) saw relatively modest losses.\nBitcoin Cash SV bucked the trend on the day, rising by 0.25%.\nIn the current week, the crypto total market rose to a Tuesday high $379.05bn before sliding to a Saturday low $279.73bn. At the time of writing, the total market cap stood at $306.87bn.\nBitcoin’s dominance fell to a Wednesday low 58.79% before rising to a Saturday high 61.97%. At the time of writing, Bitcoin’s dominance stood at 61.36%.\nAt the time of writing, Bitcoin was up by 0.23% to $10,220.0. A mixed start to the day saw Bitcoin fall to an early morning low $10,147.0 before rising to a high $10,225.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBianance Coin (-0.79%) and Tezos (-0.56%) saw red early on.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Bitcoin Cash SV was up by 2.24% to lead the way early on.\nBitcoin would need to move through the $10,239 pivot level to support a run at the first major resistance level at $10,551.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $10,500 levels.\nBarring an extended crypto rally, the first major resistance level and Saturday’s high $10,593.0 would likely cap any upside.\nIn the event of a crypto breakout, the second major resistance level at $10,906 would likely come into play.\nFailure to move through the $10,239 pivot would bring the first major support level at $9,884 into play.\nBarring another extended crypto sell-off, however, Bitcoin should steer clear of the second major support level at $9,571.\nThisarticlewas originally posted on FX Empire\n• Crude Oil Price Forecast – Crude Oil Markets Breakthrough Moving Averages\n• Natural Gas Price Forecast – Natural Gas Markets Give Up Early Gains\n• EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – September 5th, 2020\n• S&P 500 Weekly Price Forecast – Stock Markets Pullback to Recent Break Out\n• The Crypto Daily – The Movers and Shakers – September 6th, 2020\n• S&P 500 Price Forecast – Stock Markets Looking for Support', "NEW YORK, NY / ACCESSWIRE / September 6, 2020 /ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD).\nReal-Time Market Data is available atwww.alt5pro.comand Real-Time Market Data feed is also available atwww.alt5sigma.com.ALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH\nAbout ALT 5 Sigma Inc.\nALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance.\nALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers.\nALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services.\nFor more information, visitwww.alt5sigma.com.\nContact:\nAndre BeauchesneTel. [email protected]\nFor more information on ALT 5 Pay, visitwww.alt5pay.comFor more information on ALT 5 Pro, visitwww.alt5pro.com\nSOURCE:ALT 5 Sigma Inc.\nView source version on accesswire.com:https://www.accesswire.com/605025/ALT-5-Sigma-Digital-Instrument-Market-Summary-for-BTC-ETH-LTC-BCH", "NEW YORK, NY / ACCESSWIRE / September 6, 2020 /ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD).\nReal-Time Market Data is available atwww.alt5pro.comand Real-Time Market Data feed is also available atwww.alt5sigma.com.ALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH\nAbout ALT 5 Sigma Inc.\nALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance.\nALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers.\nALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services.\nFor more information, visitwww.alt5sigma.com.\nContact:\nAndre BeauchesneTel. [email protected]\nFor more information on ALT 5 Pay, visitwww.alt5pay.comFor more information on ALT 5 Pro, visitwww.alt5pro.com\nSOURCE:ALT 5 Sigma In **Last 60 Days of Bitcoin's Closing Prices:** [9428.33, 9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-06 **Financial & Commodity Data:** - Gold Closing Price: $1923.90 - Crude Oil Closing Price: $39.77 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $193,332,267,450 - Hash Rate: 130921885.1899966 - Transaction Count: 262820.0 - Unique Addresses: 557370.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.41 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Billionaire investor Mark Cuban, in a recent interview with Bloomberg TV, discussed his current outlook on trading and investing. Change In Landscape From The 90s: The owner of Dallas Mavericks said he makes his investment decisions independent of financial advisors, and sticks to companies he personally believes in. Cuban is a known supporter of technological innovations and holds investments in giants like Amazon.com Inc. (NASDAQ: AMZN ) and Netflix Inc. (NASDAQ: NFLX ). "I used to trade a lot, I used to be very, very active as a trader," Cuban told David Rubenstein. In the 90s and early 2000s, there was a lot less money chasing more stocks, but “now there is a lot more money chasing fewer stocks,” according to Cuban. "It's harder to trade and be successful, so I just stick to companies I believe in," the "Shark Tank" host said in the Bloomberg interview. COVID-19 Brings New Opportunity: Cuban also talked about how the COVID-19 pandemic could create opportunities for entrepreneurs and the NBA bubble. The "Shark Tank" host remarked that the lockdown situation is forcing people to adapt to a digital lifestyle. He claimed that these troubled times is the perfect and opportune moment for creative and innovative entrepreneurs with a vision for the future. Back in April, Cuban claimed that despite having a hopeful long term opinion, he held a bleak view of the US market rally in the short run. Photo courtesy: Gage Skidmore via Flickr See more from Benzinga Fidelity Seeks SEC Approval For A Bitcoin Index Fund Under Armour Sued By UCLA Over 0M Sponsorship Contract Breach Electric Vehicle Maker Xpeng Raises US IPO Target To .5 Billion © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): [['u/Professor_Brainstaum', "World's Youngest Bitcoin Investor ...", 46, '2020-09-06 01:53', 'https://www.reddit.com/r/BitcoinBeginners/comments/inbsdj/worlds_youngest_bitcoin_investor/', "On 4th September, BLOB of Oldham, England became the world's youngest Bitcoin investor. S/he is due to be born in April 2021 and reserves the right to change their name from BLOB at a later date. A brother and cousin, both aged under two years old, own holdings as well.\n\nOK. On to the serious bit. I'm looking to set up safe custodial cryptowallets to store these kids' holdings until around 18 years of age. It is important that these wallets are clearly the property of the child itself, and not part of the estate of an adult custodian who might not be around eighteen years from now. Has anybody got any experience of setting up a similar custodial wallet for a very young child? Any tips or pointers would be welcome.\n\nAny 'know your customer' sign-up could be fun. I guess we could upload the first scan!\n\nThanks for any helpful suggestions.", 'https://www.reddit.com/r/BitcoinBeginners/comments/inbsdj/worlds_youngest_bitcoin_investor/', 'inbsdj', [['u/ultrajoba', 12, '2020-09-06 03:57', 'https://www.reddit.com/r/BitcoinBeginners/comments/inbsdj/worlds_youngest_bitcoin_investor/g46xsl5/', "Way to abort the fetus' fleeting moment of fame.", 'inbsdj'], ['u/Imnotusuallysexist', 11, '2020-09-06 12:37', 'https://www.reddit.com/r/BitcoinBeginners/comments/inbsdj/worlds_youngest_bitcoin_investor/g47xth5/', 'Custodial + 18 years terrible idea.\n\nChance of said entity existing in 18 years is about 5%.\n\nStore it in a time-locked transaction.\n\nMake sure the 12 keywords along with the word bip39 are either held somewhere or privately memorized.\n\nNo worries about inheritance, etc.', 'inbsdj']]], ['u/Quantifan', '96 hours after having my account compromised and $25K stolen I still haven’t heard from Coinbase support.', 63, '2020-09-06 02:50', 'https://www.reddit.com/r/CoinBase/comments/incpk0/96_hours_after_having_my_account_compromised_and/', "***Headline updates:***\n\n***The bank reclaimed my money 1 month ago, but I received this gem of an update from Coinbase October 14th (note that the lack of a name after best regards is not an error on my copy paste):***\n\n*Hello xxx,*\n\n*We have transferred your case to a specialist who will be able to assist you with this specific issue. You will be contacted directly as soon as we have reviewed your case. Please note, these reviews are typically completed within 5-7 business days but may take longer.*\n\n*Best regards,*\n\n***• No substantive response in 160 hours. I did receive an email stating that \\~$120 had been transferred off of my account which is positive. However, it takes 5 minutes to determine this and send an email.***\n\n***• 2020-09-08 9:00AM: Chase reversed the ACH transfer***\n\nApproximate timeline of events to Coinbase account compromise and ACH transfer from Chase Bank to Coinbase. Ticket #02674780.\n\n*Note that I'm unable too get in touch with coinbase at any point beyond automated emails and a “we will look at it”. I'm hoping this encourages them to reach out to me.*\n\n• 2020-09-01 9:18PM: Notice login attempt to dormant Coinbase account.\n\n• 2020-09-01 9:18PM: Notice suspicious activity on email with emails being received and immediately deleted.\n\n• 2020-09-01 9:27PM: Requested my Coinbase account sign-in be disabled.\n\n• 2020-09-01 9:39PM: Initiate support case with Coinbase.\n\n• 2020-09-02 9:45PM: Learn that cell phone does not appear to be working correctly and I am not receiving texts and cannot make outbound calls. I later come to the realization that the perpetrator has ported my cell phone number to bypass two factor authentication on Coinbase and email accounts.\n\n• 2020-09-02 10:00PM: Contact Sprint after hours support via chat on website and am told that my account has been canceled and it is a system glitch. Support team will look into it and get my phone up and running within 24 hours.\n\n• 2020-09-02 11:00PM: Initiate deleted email recovery from Yahoo Mail.\n\n• 2020-09-02 11:00AM: Recover deleted Yahoo Mail emails and identify that password reset on Coinbase account has been performed by a person in the UK and that a $25,000 transfer and $65.00 transfer has been initiated.\n\n• 2020-09-02 11:28AM: Still no access to a cell phone. I placed call to chase fraud department from my work Skype account apprising them of the situation, performed a username reset, password reset and added a verbal password to my account. Fraud support fails to restrict my account despite me telling them that it was compromised via Coinbase and that an ACH transfer was going to be initiated from Coinbase for $25,000.\n\n• 2020-09-02 11:49AM: Call Sprint and determine my phone number has been ported to John Anderson at T-Mobile. T-Mobile needs to investigate to give me my phone number back and estimates 24-48hours before they end their investigation.\n\n• 2020-09-02 3:30PM: File an identity theft police report with Police.\n\n• 2020-09-02 4:45PM: Regain access to my cell phone number and it is ported back to my name.\n\n• 2020-09-02 5:00PM: Notice ACH transfers to Coinbase for $25,000 and $65 are pending in bank statement.\n\n• 2020-09-02 5:05PM: Place call to Chase Fraud department. Tell them that they should cancel the ACH transfer marked as pending and that my account is compromised. I am transferred to Claims. I tell claims that my account is compromised and that they should cancel the transfer. Claims tells me that they will put some sort of hold on the transfer but that I may be liable for fees from Coinbase and that I will have to fill out a form.\n\n• 2020-09-02 9:00PM: Initiate full scan across all my computers for viruses and worms with two different security suites. No viruses or worms detected.\n\n• 2020-09-03 8:00AM: Identify that ACH transfer was processed despite my calls to the Chase Fraud department.\n\n• 2020-09-03 9:00AM: Visit Chase Bank. Restriction is put on account. No one is able to explain why the ACH transfers were allowed to complete. Chase Bank requires I fill out a claims form before they can investigate my case which takes 24 hours to generate.\n\n• 2020-09-03 2:00PM: File complaint with the FBI.\n\n• 2020-09-03 4:30PM: Speak with a claims manager at Chase bank. He informs me that if your account says pending the money is already out the door (fun fact). Still no one seems to be able to tell me why my account was not restricted prior to the transfer.\n\n• 2020-09-03 7:45PM: File a complaint with the Department of Financial Institutions as it seems that Chase probably dropped the ball here.\n\n• 2020-09-03 8:15PM: Email a couple lawyers to see what my options are. Not sure anything will come of this or whether it will be worthwhile but it probably makes sense to check tomorrow.\n\n• 2020-09-03 8:45PM: I am still waiting on a response from Coinbase as to my case.\n\n• 2020-09-03 10:00PM: Receive an automated email from Coinbase that they will hold the funds additional 7 business days before they can be withdrawn due to suspicious activity.\n\n• 2020-09-04 3:00PM: Sign affidavit with Chase stating that I didn't initiate the ACH transfer with supporting timeline.\n\n• 2020-09-05 10:00PM: Still no response from Coinbase beyond automated emails.\n\n• 2020-09-06 10:05AM: A little positive progress here. It looks like I had \\~$120 in BTC in my account that was transferred off. Not the end of the world as I forgot it was on there, but still no word on the ACH transfer which is my primary concern.\n\n• 2020-09-08 9:00AM: Chase reversed the ACH transfer\n\nIn the last 160 hours I am unable to get Coinbase on the phone or via email to tell me how the investigation is proceeding.\n\nI'm sure I failed somewhere (many places) along the path here, but not being able to get in touch with anyone at Coinbase is disturbing. I'm hoping they'll read this and actually reply beyond asking for my support ticket number.\n\nI would note that I am able to get both Sprint and Chase on the phone and in person throughout the entire process.\n\nUpdates:\n\n2020-09-06 10:05AM: A little positive progress here. It looks like I had \\~$120 in BTC in my account that was transferred off. Not the end of the world as I forgot it was on there, but still no word on the ACH transfer which is my primary concern.", 'https://www.reddit.com/r/CoinBase/comments/incpk0/96_hours_after_having_my_account_compromised_and/', 'incpk0', [['u/shadowangel21', 12, '2020-09-06 03:13', 'https://www.reddit.com/r/CoinBase/comments/incpk0/96_hours_after_having_my_account_compromised_and/g46t9lu/', "It important to secure your account, 2FA by txt is not secure at all. Add Google Auth / Authy minimum, for you i would suggest buying some security keys.\n\nFor online banking get a new number, don't add it to social media or use it online ever. Add 2FA if you can.\n\nHopefully support will be in soon.", 'incpk0'], ['u/BitDepot', 24, '2020-09-06 04:30', 'https://www.reddit.com/r/CoinBase/comments/incpk0/96_hours_after_having_my_account_compromised_and/g470zqy/', 'Coinbase should not be allowed to operate without having an actual support team like Kraken and BitStamp.. I’ve been hearing these stories for years and years now.', 'incpk0']]], ['u/AutoModerator', '[Daily Discussion] Sunday, September 06, 2020', 43, '2020-09-06 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/infh2r/daily_discussion_sunday_september_06_2020/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n**Other ways to interact:**\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODg... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 0.71% on Sunday. Partially reversing a 2.74% slide from Saturday, Bitcoin ended the week down by 12.39% to $10,276. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,031.0 before making a move. Steering clear of the first major support level at $9,884, Bitcoin struck a late intraday high $10,365.1. Falling short of the first major resistance level at $10,551, Bitcoin eased back to wrap up the day at sub-$10,300. The near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Sunday. Bitcoin Cash ABC and EOS ended the day down by 0.79% and by 1.16% respectively to buck the trend. It was a bullish end to the week for the rest of the majors, however. Binance Coin surged by 18.99% to lead the way. Cardano’s ADA (+3.10%), Ethereum (+5.23%), Monero’s XMR (+2.81%), Stellar’s Lumen (+2.59%), Tezos (+2.75%), and Tron’s TRX (+5.39%) also found strong support. Bitcoin Cash SV (+0.01%), Litecoin (+0.15%), and Ripple’s XRP (+1.15%) trailed the front runners. For the week ending 6 th September, it was also a mixed bag for the majors. Tron’s TRX rallied by 16.44% to buck the trend. It was a bearish week for the rest of the majors. Tezos (-24.62%), Litecoin (-23.85%), Stellar’s Lumen (-21.20%), and Cardano’s ADA (-20.98%) led the way down. Bitcoin Cash ABC (-19.22%), Bitcoin Cash SV (-17.39%), Ethereum (-17.75%), Monero’s XMR (-16.73%), and Ripple’s XRP (-15.34%) also saw heavy losses. Binance Coin (-1.90%) and EOS (-10.64%) saw relatively modest losses in the week. In the current week, the crypto total market rose to a Tuesday high $379.05bn before sliding to a Saturday low $293.54bn. At the time of writing, the total market cap stood at $314.76bn. Story continues Bitcoin’s dominance fell to a Wednesday low 58.79% before rising to a Saturday high 62.01%. At the time of writing, Bitcoin’s dominance stood at 60.41%. This Morning At the time of writing, Bitcoin was up by 0.53% to $10,330. A mixed start to the day saw Bitcoin fall to an early morning low $10,267.0 before striking a high $10,330.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bullish start to the day. At the time of writing, Stellar’s Lumen was up by 2.17% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $10,224 pivot level to support a run at the first major resistance level at $10,417. Support from the broader market would be needed, however, for Bitcoin to break out from Sunday’s high $10,365.1. Barring an extended crypto rally, the first major resistance level and Sunday’s high would likely cap any upside. In the event of a crypto breakout, the second major resistance level at $10,558 would likely come into play. Failure to avoid a fall through the $10,224 pivot would bring the first major support level at $10,083 into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of the second major support level at $9,890. This article was originally posted on FX Empire More From FXEMPIRE: Sanction Fears Hit SMIC Shares Hard, Plunges over 20% Oil Price Fundamental Weekly Forecast – Traders Looking to Sell Rallies Until Demand Returns The Crypto Daily – Movers and Shakers – September 7th, 2020 Prevailing Macros Trigger Selling Pressure on Crude Oil Prices USD/JPY Fundamental Weekly Forecast – Higher if Jump in Treasury Yields Offsets Stock Market Weakness Bitcoin and Tron’s TRX Weekly Technical Analysis – September 7th, 2020', 'Bitcoin, BTC to USD, rose by 0.71% on Sunday. Partially reversing a 2.74% slide from Saturday, Bitcoin ended the week down by 12.39% to $10,276.\nIt was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,031.0 before making a move.\nSteering clear of the first major support level at $9,884, Bitcoin struck a late intraday high $10,365.1.\nFalling short of the first major resistance level at $10,551, Bitcoin eased back to wrap up the day at sub-$10,300.\nThe near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day for the majors on Sunday.\nBitcoin Cash ABC and EOS ended the day down by 0.79% and by 1.16% respectively to buck the trend.\nIt was a bullish end to the week for the rest of the majors, however.\nBinance Coin surged by 18.99% to lead the way.\nCardano’s ADA (+3.10%), Ethereum (+5.23%), Monero’s XMR (+2.81%), Stellar’s Lumen (+2.59%), Tezos (+2.75%), and Tron’s TRX (+5.39%) also found strong support.\nBitcoin Cash SV (+0.01%), Litecoin (+0.15%), and Ripple’s XRP (+1.15%) trailed the front runners.\nFor the week ending 6thSeptember, it was also a mixed bag for the majors.\nTron’s TRX rallied by 16.44% to buck the trend.\nIt was a bearish week for the rest of the majors.\nTezos (-24.62%), Litecoin (-23.85%), Stellar’s Lumen (-21.20%), and Cardano’s ADA (-20.98%) led the way down.\nBitcoin Cash ABC (-19.22%), Bitcoin Cash SV (-17.39%), Ethereum (-17.75%), Monero’s XMR (-16.73%), and Ripple’s XRP (-15.34%) also saw heavy losses.\nBinance Coin (-1.90%) and EOS (-10.64%) saw relatively modest losses in the week.\nIn the current week, the crypto total market rose to a Tuesday high $379.05bn before sliding to a Saturday low $293.54bn. At the time of writing, the total market cap stood at $314.76bn.\nBitcoin’s dominance fell to a Wednesday low 58.79% before rising to a Saturday high 62.01%. At the time of writing, Bitcoin’s dominance stood at 60.41%.\nAt the time of writing, Bitcoin was up by 0.53% to $10,330. A mixed start to the day saw Bitcoin fall to an early morning low $10,267.0 before striking a high $10,330.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a bullish start to the day.\nAt the time of writing, Stellar’s Lumen was up by 2.17% to lead the way.\nBitcoin would need to avoid a fall through the $10,224 pivot level to support a run at the first major resistance level at $10,417.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Sunday’s high $10,365.1.\nBarring an extended crypto rally, the first major resistance level and Sunday’s high would likely cap any upside.\nIn the event of a crypto breakout, the second major resistance level at $10,558 would likely come into play.\nFailure to avoid a fall through the $10,224 pivot would bring the first major support level at $10,083 into play.\nBarring another extended crypto sell-off, however, Bitcoin should steer clear of the second major support level at $9,890.\nThisarticlewas originally posted on FX Empire\n• Sanction Fears Hit SMIC Shares Hard, Plunges over 20%\n• Oil Price Fundamental Weekly Forecast – Traders Looking to Sell Rallies Until Demand Returns\n• The Crypto Daily – Movers and Shakers – September 7th, 2020\n• Prevailing Macros Trigger Selling Pressure on Crude Oil Prices\n• USD/JPY Fundamental Weekly Forecast – Higher if Jump in Treasury Yields Offsets Stock Market Weakness\n• Bitcoin and Tron’s TRX Weekly Technical Analysis – September 7th, 2020', 'Bitcoin tumbled by 12.39% in the week ending 6thSeptember. Reversing a 0.57% gain from the previous week, Bitcoin ended the week at $10,276.0.\nIt was a mixed start to the week. Bitcoin fell by 0.50% on Monday to an early weekly low $11,600 before making a move.\nSteering clear of the first major support level at $11,296, Bitcoin rose to a Monday intraweek high $12,067.\nBitcoin came up against the first major resistance level at $12,006 before hitting reverse.\nThe reversal saw Bitcoin tumble to a Saturday intraweek low $9,925.5.\nBitcoin fell through the week’s major resistance levels before finding support on Sunday.\nOn the day, Bitcoin broke back through the third major support level at $10,151 to wrap up the week at $10,200 levels.\n4 days in the red that included a 10.85% stumble on Thursday delivered the downside for the week.\nBitcoin would need to move through the $10,756 pivot level to support a run the first major resistance level at $11,587.\nSupport from the broader market would be needed for Bitcoin to break back through to $11,000 levels.\nBarring an extended crypto rally, resistance at $11,000 would likely leave Bitcoin short of the first major resistance level.\nIn the event of a breakout, Bitcoin could test resistance at $12,000 before any pullback. Bitcoin would likely come up well short of the second major resistance level at $12,898, however.\nFailure to move through the $10,756 pivot would bring the first major support level at $9,445 into play.\nBarring another extended sell-off, Bitcoin should avoid sub-$9,000 levels and 23.6% FIB of $8,900. The second major support level sits at $8,615\nAt the time of writing, Bitcoin was up by 0.18% to $10,294.0. A mixed start to the week saw Bitcoin fall to an early Monday morning low $10,258.2 before rising to a high $10,330.0 early on Monday.\nBitcoin left the major support and resistance levels untested at the start of the week.\nTron’s TRX surged by 16.92% in the week ending 6thSeptember. Following on from an 11.04% rally from the previous week, Tron’s TRX ended the week at $0.031499.\nIt was a particularly bullish start to the week. Tron’s TRX rallied from a Monday intraday week low $0.02569 to a Thursday intraweek high $0.05337.\nSteering clear of the major support levels, Tron’s TRX broke through the week’s major resistance levels before pulling back.\nMore significantly, Tron’s TRX also broke through the 23.6% FIB of $0.0291 and the 38.2% FIB of $0.0428.\nThe pullback saw Tron’s TRX slide back through resistance levels to sub-$0.028 levels.\nTron’s TRX also fel **Last 60 Days of Bitcoin's Closing Prices:** [9277.97, 9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-07 **Financial & Commodity Data:** - Gold Closing Price: $1923.90 - Crude Oil Closing Price: $39.77 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $187,931,738,428 - Hash Rate: 151762133.7678071 - Transaction Count: 327662.0 - Unique Addresses: 672721.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.41 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: With bitcoin rising to its highest level in 11 months this week, some investors are beginning to worry that the cryptocurrency is overbought and may be due for notable price drop. But analysts suggest that’s an overreaction. • Bitcoin’s price rose to $11,319 on Monday, the highest level since August 2019, according to CoinDesk’sBitcoin Price Index. • At time of writing, the cryptocurrency is trading near $11,100, representing a 18% gain from lows near $9,400 observed a week ago. • The sudden rally has pushed the 14-day relative strength index (RSI) above 80.00. • A measurement of over 70.00 is considered overbought, meaning the bullish move is now overstretched. • Asim Ahmad, co-chief investment officer at London-based Eterna Capital, said that an above-70 RSI does not necessarily imply an impending major price slide. • More likely it indicates that the bullish move is overstretched and vulnerable to consolidation or a minor retracement at worst, Ahmad said. • Lennard Neo, head of research at Stack funds, explained the RSI can stay inflated for longer periods in a strongly trending market, adding that other indicators are showing strong buying momentum. • The RSI is based on price and remained elevated during the previous bulls runs. • Bitcoin remained bid and rose 160% in the second quarter of 2019 (above left) despite the RSI printing highs above 70.00 several times during the three-month period. • A similar pattern was observed during the bull market frenzy of 2017 (above right). • Back to summer 2020 and the overbought measurement on the RSI may keep the cryptocurrency hovering around $11,000 for some time. Support is seen around $10,500. • Rotation of money out of the DeFi space and traditional markets and into bitcoin would create momentum for the cryptocurrency, said Neo. • Prices could rise quickly toward $12,000 in the short-term if the U.S. Federal Reserve signals higher tolerance for inflation. That could yield another sell-off for the greenback and send gold above the $2,000 mark. • Bitcoin still remains vulnerable to a sell-off in equities, as was seen during the wider markets crash in March, according to Joel Kruger, a currency strategist at LMAX Digital. Also read:How Real Is Bitcoin’s Rally? 8 Interpretations of Bitcoin’s Massive Surge • Bitcoin Looks Overbought but Analysts Play Down Drop Fears • Bitcoin Looks Overbought but Analysts Play Down Drop Fears • Bitcoin Looks Overbought but Analysts Play Down Drop Fears • Bitcoin Looks Overbought but Analysts Play Down Drop Fears... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['HANGZHOU, China, Sept. 08, 2020 (GLOBE NEWSWIRE) -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that its board of directors has authorized a share repurchase program under which the Company may repurchase up to US$10 million worth of its outstanding (i) American depositary shares ("ADSs"), each representing 15 Class A ordinary shares, and/or (ii) Class A ordinary shares over the next 12 months starting from September 22, 2020.\nUnder the share repurchase program, the Company may repurchase its ADSs from time to time through open market transactions at prevailing market prices, privately negotiated transactions, block trades or any combination thereof. In addition, Canaan will also effect repurchase transactions in compliance with Rule 10b5-1 and/or Rule 10b-18 under the Securities Exchange Act of 1934, as amended, and its insider trading policy. The number of ADSs repurchased and the timing of repurchases will depend on a number of factors, including, but not limited to, price, trading volume and general market conditions, along with Canaan’s working capital requirements and general business conditions. The Company’s board of directors and/or its management will review the share repurchase program periodically, and may authorize adjustment of its terms and size. The Company plans to fund the repurchases from its existing cash balance.\nAbout Canaan Inc.Established in 2013, Canaan Inc. provides high-performance computing solutions to efficiently solve complex problems. In 2016, Canaan successfully initiated the production of its first 16nm chip and passed the test to receive China\'s national high-tech enterprise certification. In 2018, Canaan achieved major technological breakthroughs to launch the K210, the world\'s first-ever RISC-V-based edge artificial intelligence (AI) chip, which is now widely used for access control in situations such as smart door locks and more. Canaan Inc. is currently focused on the research and development of advanced technology, including such areas as AI chips, AI algorithms, AI architectures, system on a chip (SoC) integration and chip integration. Using the AI chip as its base, Canaan Inc. has established an intellectual value chain. Canaan Inc. also provides a suite of AI service solutions and is able to tailor these solutions to the needs of its partners. For more information, please visit: investor.canaan-creative.com.\nSafe Harbor StatementThis announcement contains forward−looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward−looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Canaan Inc.’s strategic and operational plans, contain forward−looking statements. Canaan Inc. may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Canaan Inc.’s beliefs and expectations, are forward−looking statements. Forward−looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition and results of operations; the expected growth of the Bitcoin industry and the price of Bitcoin; the Company’s expectations regarding demand for and market acceptance of its products, especially its Bitcoin mining machines; the Company’s expectations regarding maintaining and strengthening its relationships with production partners and customers; the Company’s investment plans and strategies, fluctuations in the Company’s quarterly operating results; competition in its industry in China; and relevant government policies and regulations relating to the Company and cryptocurrency. Further information regarding these and other risks is included in the Company’s filings with the SEC, including its registration statement on Form F−1, as amended, and its annual reports on Form 20−F. All information provided in this press release and in the attachments is as of the date of this press release, and Canaan Inc. does not undertake any obligation to update any forward−looking statement, except as required under applicable law.\nInvestor Relations ContactCanaan Inc.Mr. Shaoke LiEmail: [email protected]\nICR Inc.Jack WangTel: +1 (347) 396-3281Email: [email protected]', 'HANGZHOU, China, Sept. 08, 2020 (GLOBE NEWSWIRE) -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that its board of directors has authorized a share repurchase program under which the Company may repurchase up to US$10 million worth of its outstanding (i) American depositary shares ("ADSs"), each representing 15 Class A ordinary shares, and/or (ii) Class A ordinary shares over the next 12 months starting from September 22, 2020. Under the share repurchase program, the Company may repurchase its ADSs from time to time through open market transactions at prevailing market prices, privately negotiated transactions, block trades or any combination thereof. In addition, Canaan will also effect repurchase transactions in compliance with Rule 10b5-1 and/or Rule 10b-18 under the Securities Exchange Act of 1934, as amended, and its insider trading policy. The number of ADSs repurchased and the timing of repurchases will depend on a number of factors, including, but not limited to, price, trading volume and general market conditions, along with Canaan’s working capital requirements and general business conditions. The Company’s board of directors and/or its management will review the share repurchase program periodically, and may authorize adjustment of its terms and size. The Company plans to fund the repurchases from its existing cash balance. About Canaan Inc. Established in 2013, Canaan Inc. provides high-performance computing solutions to efficiently solve complex problems. In 2016, Canaan successfully initiated the production of its first 16nm chip and passed the test to receive China\'s national high-tech enterprise certification. In 2018, Canaan achieved major technological breakthroughs to launch the K210, the world\'s first-ever RISC-V-based edge artificial intelligence (AI) chip, which is now widely used for access control in situations such as smart door locks and more. Canaan Inc. is currently focused on the research and development of advanced technology, including such areas as AI chips, AI algorithms, AI architectures, system on a chip (SoC) integration and chip integration. Using the AI chip as its base, Canaan Inc. has established an intellectual value chain. Canaan Inc. also provides a suite of AI service solutions and is able to tailor these solutions to the needs of its partners. For more information, please visit: investor.canaan-creative.com. Safe Harbor Statement This announcement contains forward−looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward−looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Canaan Inc.’s strategic and operational plans, contain forward−looking statements. Canaan Inc. may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Canaan Inc.’s beliefs and expectations, are forward−looking statements. Forward−looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition and results of operations; the expected growth of the Bitcoin industry and the price of Bitcoin; the Company’s expectations regarding demand for and market acceptance of its products, especially its Bitcoin mining machines; the Company’s expectations regarding maintaining and strengthening its relationships with production partners and customers; the Company’s investment plans and strategies, fluctuations in the Company’s quarterly operating results; competition in its industry in China; and relevant government policies and regulations relating to the Company and cryptocurrency. Further information regarding these and other risks is included in the Company’s filings with the SEC, including its registration statement on Form F−1, as amended, and its annual reports on Form 20−F. All information provided in this press release and in the attachments is as of the date of this press release, and Canaan Inc. does not undertake any obligation to update any forward−looking statement, except as required under applicable law. Story continues Investor Relations Contac **Last 60 Days of Bitcoin's Closing Prices:** [9278.81, 9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-08 **Financial & Commodity Data:** - Gold Closing Price: $1933.00 - Crude Oil Closing Price: $36.76 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $187,931,738,428 - Hash Rate: 133652505.32879265 - Transaction Count: 332668.0 - Unique Addresses: 693543.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.41 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: For Immediate Release Chicago, IL – July 29, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include JPMorgan Chase & Co. JPM, AT&T Inc. T, Microsoft Corp. MSFT, PayPal Holdings, Inc. PYPL and Intel Corp. INTC. Here are highlights from Tuesday’s Analyst Blog: Bitcoin Crosses $10K, with $15K in Sight: 3 Winners Bitcoin prices moved north on Jul 27, pushing the digital currency to its highest level in almost a year. The largest and most influential cryptocurrency jumped as much as 15% to $10,944, the highest since last August. In fact, the largest digital token settled at around $10,237, the highest level since Jun 1, based on spot prices. Thus, all eyes are now on the critical $10,500 mark, a level that it had failed to hold on to in June and February. But experts believe that bitcoin could head to $15,000 next. Notably, bitcoin last went past $10,000 on Jun 3 and has since seen a persistent decline. But over the past seven days, the digital currency has climbed almost 11%. What’s more, crypto funds too gained as bitcoin broke out from a recent trading range to end at its highest level in two months. The Grayscale Bitcoin Trust climbed more than 10% yesterday, while the Grayscale Ethereum Trust jumped nearly 30%. So what’s behind bitcoin's run past the key $10,000 resistance level? The move for the digital currency comes as gold prices scaled northward amid a rush for assets that are considered safe haven and are alternatives to stocks mostly perceived as risky assets. And why so? This is because the coronavirus pandemic has dented profit margins of companies and driven much of the developed world into a deep recession. The virus infected thousands worldwide, disrupted supply chains and restrained movements between countries. Story continues Some experts believe that growth in the so-called stable bitcoin is also due to intensifying tensions between the United States and China that could easily rattle the equity market, the same reason why gold prices have been recently scaling upward as well. The U.S. dollar, in the meantime, weakened due to fresh spikes in COVID-19 cases, which again helped both gold and “digital gold” to rise. Lest we forget, crypto fans have often touted bitcoin as “digital gold.” Needless to say, when the value of dollar decreases relative to other currencies throughout the globe, the price of gold tends to rise in dollar terms. After all, gold becomes less expensive in other currencies. To top it, several Wall Street bigwigs are showing keen interest in cryptocurrencies and blockchain technology. And this bullish approach toward bitcoin is surely driving digital assets. For instance, JPMorgan Chase & Co. has introduced JPM Coin, which will be helpful in handling digital settlements. And how can we forget that telecommunication, media and technology service provider AT&T Inc. has also begun accepting crypto payments via a partnership with BitPay. 3 Stocks to Gain From Bitcoin’s Epic Run If you are looking to tap the rising bitcoin trend, you may take a look at the following Zacks Rank #3 (Hold) companies that are making use of bitcoin and technologies that support it, including blockchain. You can see the complete list of today’s Zacks #1 Rank stocks here. Microsoft Corp. , incidentally, is facing stiff competition from Amazon in the cloud computing space. As a result, the tech behemoth has launched a fully-managed blockchain service, integrated with Azure Active Directory. Microsoft's fiscal fourth-quarter results benefited from momentum in Azure and impressive Teams user growth led by coronavirus-induced work-from-home wave. Microsoft’s Intelligent Cloud division raked in $13.4-billion sales compared to analysts’ estimate of $13.11 billion. Sales also grew 17% year over year (read more: 4 Cloud Stocks to Win Big on Microsoft's Stellar Earnings Show). The company’s expected earnings growth rate for the current and next year is 10.4% and 13.1%, respectively. PayPal Holdings, Inc , a leader in digital payment processes, sealed a deal with three major bitcoin payment processors, BitPay, GoCoin and Coinbase, to help PayPal merchants accept bitcoin as a mode of payment. PayPal’s two-sided platform, safety and simplicity of transactions, opportunities in the fast-growing mobile space and strategic partnerships are major positives. The company’s expected earnings growth rate for the current quarter and year is 41% and 7.4%, respectively. Additionally, the company’s expected earnings growth rate for the next year is 23.4%. Intel Corp. is a traditional technology company but has exposure to blockchain technology. Intel’s new Software Guard Extensions (SGX) technology, which offers hardware-based memory encryption that isolates specific application code and data in memory, can help in blockchain transactions as well as AI applications. Intel, no doubt, derives revenues from other sources as well. By the way, Intel’s leading position in the PC market, strength in servers, growing clout in software, IoT & ADAS domains and headway in process technology are indicators of booming prospects. The company’s expected earnings growth rate for the next five-year period is 7.5%. These Stocks Are Poised to Soar Past the Pandemic The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking. Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early. See the 5 high-tech stocks now>> Join us on Facbook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 [email protected] https://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss . This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report JPMorgan Chase Co. (JPM) : Free Stock Analysis Report ATT Inc. (T) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Intel Corporation (INTC) : Free Stock Analysis Report PayPal Holdings, Inc. (PYPL) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research... - Reddit Posts (Sample): [['u/GeraltofOuterHeavia', 'For those tilting toward tech', 57, '2020-09-08 00:50', 'https://www.reddit.com/r/ETFs/comments/iohzpb/for_those_tilting_toward_tech/', '*\'"Be greedy when others are fearful, and fearful when others are greedy.\' -Warren Buffet."* -Michael Scott.\n\n\nYou ever notice how much everyone on this sub, and every other investing sub, talks about their huge allocations in tech heavy funds like QQQ and ARKK? \n\nEven going so far as to make tech the spine of their portfolio? Or even the entirety?\n\nDespite the massive valuations and parabolic price jumps the sector has undergone? \n\nLook guys, I know that stonks only go up, but sometimes in order to keep going up in the long term, they need to go down in the short term. Sometimes they need to go down a lot. Sometimes, if you\'re not properly diversified, it could take years, even decades, to recoup losses, even if you dollar cost average. \n\nMeanwhile, other stonks that you neglected because you went all in on one sector of one market of one country\'s economy will go up, and you\'ll miss making all those gains because you\'re still betting almost 100% on tech. \n\nBasically, what I\'m trying to say is you\'re exposing yourself to a disproportionate amount of risk, more potential risk than potential reward, whenever you make QQQ half of your portfolio. Remember that even 60% VTI/40% VXUS is moderately risky, because you\'re still only exposed to one asset class. Just for context. \n\nLastly, I just wanna loop back to the beginning and encourage you guys to look at that quote, then consider what happens whenever an asset becomes very popular, maybe even trendy. Weed stocks were big, and kept going up. Bitcoin was big, and kept going up. Real estate was big, and kept going up. Dotcom companies were big, and kept going up. What happened to them all? \n\nI\'m not saying the tech sector is going to see the same fate, because I don\'t have a crystal ball. But I AM saying that when you effectively make your portfolio almost entirely tech by making it 40% QQQ, 20% VOO, 20% VUG and 20% ARKK, you\'re placing a very clear bet that tech will never meet that fate. \n\nDo you wanna make that bet? Do you...come to Wall Street to make bets?', 'https://www.reddit.com/r/ETFs/comments/iohzpb/for_those_tilting_toward_tech/', 'iohzpb', [['u/[deleted]', 17, '2020-09-08 01:43', 'https://www.reddit.com/r/ETFs/comments/iohzpb/for_those_tilting_toward_tech/g4e2z1c/', 'Just waiting for the yolo comments to start coming in.', 'iohzpb'], ['u/daviddjg0033', 13, '2020-09-08 02:06', 'https://www.reddit.com/r/ETFs/comments/iohzpb/for_those_tilting_toward_tech/g4e5e02/', 'This is not a YOLO community.\n\nThis entirely depends on your capital, your outlook, and your time frame.\n\nIf your portfolio is 100% weighted towards tech, you were selling into this rally.\n\nI still believe the long term narrative that innovation will disrupt.\n\nWe are in a long period where the 10 year will not exceed 1%.\n\nThere will be buying opportunities this week for long term tech investors.', 'iohzpb']]], ['u/CryptoStrategies', 'Thanks to everyone who attempted to contribute to the failed Bitcoin Cash (BCH) Marketing Flipstarter', 58, '2020-09-08 04:13', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/', "This was the second attempt at this Flipstarter, with a much smaller target (360 BCH) than the first attempt (650 BCH). I will not run a Flipstarter again in the future and cannot commit to any further activities in support of Bitcoin Cash common infrastructure at this time. I would like to thank those who pledged in both attempts and put their money where their mouth in appreciation of my past work. \n\n|Name|Amount|Message|\n:--|:--|:--|\n|**Georg Engelmann**|116.64 BCH|Stay with BCH|\n|**Roger Ver** |50.64 BCH|The IFP is an attempted highjacking of Bitcoin Cash. There's plenty of voluntary funding available for worthwhile things|\n|**molecular**|20.13 BCH||\n|**Peetah**|20.10 BCH||\n|**Shadow Of Harbringer**|13.37 BCH||\n|**Yan**|10.25 BCH||\n|**zveda**|6.12 BCH|May the videos be of high quality.|\n|**btcfork**|2.50 BCH|yes to BCH, no to 8% coinbase tax scum|\n|**read.cash**|2.34 BCH||\n|**bomtom1**|1.82 BCH|https://read.cash/@bomtom1|\n|**emergent_reasons** |1.50 BCH|Since we started flipstarter, I have always wanted to see it applied to BCH marketing|\n|**Sedonabiz**|1.24 BCH|Love what you do for BCH|\n|**imaginary_username**|1.15 BCH|campaign's a bit short, but good luck anyway!|\n|**Jake**|1.11 BCH||\n|**HurlSly**|1.01 BCH|It's a lot of money for me. Thank you for you work|\n|**zquestz**|1.01 BCH|Let's get this over the finish line!|\n|**BCH fan**|1.01 BCH|I'm doing my part!|\n|**zquestz**|1.01 BCH|Good luck!|\n|**chainxor**|1.00 BCH|Don't give up. You're doing good work and the intent is admirable no matter the details. |\n|**Edward**|0.97 BCH||\n|**Mathieu G**|0.89 BCH|Love your videos!|\n|**jonathan#100**|0.85 BCH|Still more than I can afford, and still worth it.|\n|**Anonymous**|0.74 BCH||\n|**Kieran Mesquita**|0.66 BCH|Bitcoin Cash marketing department|\n|**seventh.sense**|0.63 BCH|Keep up the good work Hayden!|\n|**Anonymous puffin**|0.61 BCH||\n|**Anonymous**|0.55 BCH|go for it!|\n|**jonald**|0.52 BCH||\n|**Lopokoko**|0.51 BCH|P2P Electronic Cash for the world!|\n|**Bitcoin Cast**|0.50 BCH|Bitcoin (BCH) FTW!|\n|**BCH is our hope!**|0.48 BCH|The highest hopes we have for humanity is a currency that is separated from the state. BCH ftw!|\n|**Anonymous**|0.40 BCH||\n|**lugaxker**|0.40 BCH|Bitcoin: A Peer-to-Peer Electronic Cash System|\n|**BitcoinOutLoud**|0.33 BCH||\n|**Anon**|0.30 BCH|I secretly hope miners choose IFP|\n|**Anonymous**|0.20 BCH||\n|**Steve**|0.20 BCH|Big fan of you and what you're doing in Australia and for adoption! Keep going Hayden!|\n|**Anonymous**|0.17 BCH||", 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/', 'iol6hb', [['u/user4morethan2mins', 19, '2020-09-08 04:32', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4ek7hm/', '-64 karma. Stick with your IDH coin.', 'iol6hb'], ['u/user4morethan2mins', 10, '2020-09-08 04:36', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4eklc3/', "As I read it, leaving 'common' infrastructure. Still in BCH I hope.", 'iol6hb'], ['u/user4morethan2mins', 18, '2020-09-08 06:50', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4ew8sj/', "Four comment posts here, much negative karma and you've admitted that you're not into crypto now. Let it go, move on, improve your mental health and get a life.", 'iol6hb'], ['u/ugtarmas', 15, '2020-09-08 07:26', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4eytnw/', 'Good luck in your future endeavors.', 'iol6hb'], ['u/JonathanSilverblood', 27, '2020-09-08 08:00', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4f15ni/', "It sucks that this didn't get funded, and I think it was a good value for the cost.", 'iol6hb'], ['u/ShadowOfHarbringer', 10, '2020-09-08 09:03', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4f54q0/', "> and cannot commit to any further activities in support of Bitcoin Cash common infrastructure at this time\n\nGiving up so quick? We haven't even properly started yet you know.", 'iol6hb'], ['u/where-is-satoshi', 14, '2020-09-08 09:59', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4f8aya/', "What an blithering idiot. Obviously you have never been to Bitcoin Cash City and used Bitcoin Cash with these merchants. Bitcoin Cash rocks.\n\nIt costs nothing for merchants to accept Bitcoin Cash so promises are not needed. If they don't want to accept Bitcoin Cash anymore, they peel the sticker off.", 'iol6hb'], ['u/CryptoStrategies', 18, '2020-09-08 10:06', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4f8p4z/', 'Thanks for saying that, and for your promo efforts in relation to the flipstarter!', 'iol6hb'], ['u/sq66', 19, '2020-09-08 10:37', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4fabwg/', "Flipstarter is limiting your audience as you can't participate without using ElectronCash + plugin. That is too much for plenty of people here, especially those willing to pay a small amount. Some of them would not even care if they ever got the pledge back on a failing pledge. I.e. pledges like ~$100-$200.\n\nMaybe this question is going to the wrong place and is a bit late in you case, but maybe there should be a direct contribution alternative on the flipstarter page to which you can pay without the hassle.", 'iol6hb'], ['u/CryptoStrategies', 13, '2020-09-08 10:42', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4fam16/', 'I agree with you. It is too much of a hurdle for many to contribute.', 'iol6hb'], ['u/moleccc', 20, '2020-09-08 11:23', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4fcpbv/', 'I support this notion.', 'iol6hb'], ['u/ThomasZander', 17, '2020-09-08 13:48', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4fl6ef/', "I'm also sad that this didn't get funded, I believe it doesn't reflect on Hayden, I think its because there were too many mixed signals and general frustration going on.\n\nIt is important to remember that we are in a unique, unprecedented time. This is the first time ever in Crypto that a community is firing the main-client and moving on without.\n\nThis has given us a lot of stress, a lot of seeking of allies and less time to actually build (and I consider marketing... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['(Bloomberg Opinion) -- Gold and its digital counterpart, Bitcoin, have had a pretty good run among investors seeking a haven or those willing to take a punt on cryptocurrency.\nBut they’ve been pipped in the past year by another investment thesis that’s perhaps a little more tangible, highlighting the old adage that it’s smartest to be selling shovels in a gold rush.\nInstead of buying into either asset, those who threw their money behind a basket of companies with exposure to blockchain technologies would have returned 54% over the past year, even after the recent rout that’s hit global tech stocks the hardest.(1) Gold is up just 27% over that time, despite a boom since March, while Bitcoin is actually down 1.8%. Elwood Asset Management LLP’s Blockchain Global Equity Index — ticker: BLOCK — is a collection of 45 companies involved in the blockchain ecosystem, a technology that deploys cryptography to store information in distributed ledgers and is resistant to modification or manipulation. Its top-three holdings are Taiwan Semiconductor Manufacturing Co., Kakao Corp. and Monex Group Inc.\nTSMC is well known as the chief supplier of chips that go into cryptocurrency miners, the high-powered computers that solve mathematical calculations at the heart of Bitcoin and similar digital currencies. Seoul-based Kakao was best known for its chat app of the same name before it started getting into the blockchain business two years ago. Japan’s Monex was once the nation’s largest online brokerage, subsequently losing ground to SBI Holdings Inc. and Rakuten Inc., and bought cryptocurrency exchange Coincheck in 2018.\nCollectively, the Top 10 performers in the index have each returned more than 54% over the past year, with “online retailer and advocate of blockchain technology” Overstock.com Inc. climbing ninefold (even after a plunge of 45% since Aug. 20) after second-quarter revenue more than doubled. Kakao is the third-best, up 147%.\nTo be fair, the solid returns among most of the index’s members may be only obliquely connected to their exposure to the blockchain ecosystem. TSMC, for example, has largely benefited from the U.S.-China tech rivalry and increased demand for personal computers, servers and games consoles amid prolonged pandemic-driven social distancing.\nInvestors may not care exactly why these players did so well, but the mere fact that they delivered such solid returns will likely be reason enough for the true believers to advocate embracing the blockchain revolution.\n(1) Returns calculated prior to New York market open Sept. 8,2020.\nThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.\nTim Culpan is a Bloomberg Opinion columnist covering technology. He previously covered technology for Bloomberg News.\nFor more articles like this, please visit us atbloomberg.com/opinion\nSubscribe nowto stay ahead with the most trusted business news source.\n©2020 Bloomberg L.P.', '(Bloomberg Opinion) -- Gold and its digital counterpart, Bitcoin, have had a pretty good run among investors seeking a haven or those willing to take a punt on cryptocurrency.\nBut they’ve been pipped in the past year by another investment thesis that’s perhaps a little more tangible, highlighting the old adage that it’s smartest to be selling shovels in a gold rush.\nInstead of buying into either asset, those who threw their money behind a basket of companies with exposure to blockchain technologies would have returned 54% over the past year, even after the recent rout that’s hit global tech stocks the hardest.(1) Gold is up just 27% over that time, despite a boom since March, while Bitcoin is actually down 1.8%. Elwood Asset Management LLP’s Blockchain Global Equity Index — ticker: BLOCK — is a collection of 45 companies involved in the blockchain ecosystem, a technology that deploys cryptography to store information in distributed ledgers and is resistant to modification or manipulation. Its top-three holdings are Taiwan Semiconductor Manufacturing Co., Kakao Corp. and Monex Group Inc.\nTSMC is well known as the chief supplier of chips that go into cryptocurrency miners, the high-powered computers that solve mathematical calculations at the heart of Bitcoin and similar digital currencies. Seoul-based Kakao was best known for its chat app of the same name before it started getting into the blockchain business two years ago. Japan’s Monex was once the nation’s largest online brokerage, subsequently losing ground to SBI Holdings Inc. and Rakuten Inc., and bought cryptocurrency exchange Coincheck in 2018.\nCollectively, the Top 10 performers in the index have each returned more than 54% over the past year, with “online retailer and advocate of blockchain technology” Overstock.com Inc. climbing ninefold (even after a plunge of 45% since Aug. 20) after second-quarter revenue more than doubled. Kakao is the third-best, up 147%.\nTo be fair, the solid returns among most of the index’s members may be only obliquely connected to their exposure to the blockchain ecosystem. TSMC, for example, has largely benefited from the U.S.-China tech rivalry and increased demand for personal computers, servers and games consoles amid prolonged pandemic-driven social distancing.\nInvestors may not care exactly why these players did so well, but the mere fact that they delivered such solid returns will likely be reason enough for the true believers to advocate embracing the blockchain revolution.\n(1) Returns calculated prior to New York market open Sept. 8,2020.\nThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.\nTim Culpan is a Bloomberg Opinion columnist covering technology. He previously covered technology for Bloomberg News.\nFor more articles like this, please visit us atbloomberg.com/opinion\nSubscribe nowto stay ahead with the most trusted business news source.\n©2020 Bloomberg L.P.', '(Bloomberg Opinion) -- Gold and its digital counterpart, Bitcoin, have had a pretty good run among investors seeking a haven or those willing to take a punt on cryptocurrency. But they’ve been pipped in the past year by another investment thesis that’s perhaps a little more tangible, highlighting the old adage that it’s smartest to be selling shovels in a gold rush. Instead of buying into either asset, those who threw their money behind a basket of companies with exposure to blockchain technologies would have returned 54% over the past year, even after the recent rout that’s hit global tech stocks the hardest.(1) Gold is up just 27% over that time, despite a boom since March, while Bitcoin is actually down 1.8%. Elwood Asset Management LLP’s Blockchain Global Equity Index — ticker: BLOCK — is a collection of 45 companies involved in the blockchain ecosystem, a technology that deploys cryptography to store information in distributed ledgers and is resistant to modification or manipulation. Its top-three holdings are Taiwan Semiconductor Manufacturing Co., Kakao Corp. and Monex Group Inc. TSMC is well known as the chief supplier of chips that go into cryptocurrency miners, the high-powered computers that solve mathematical calculations at the heart of Bitcoin and similar digital currencies. Seoul-based Kakao was best known for its chat app of the same name before it started getting into the blockchain business two years ago. Japan’s Monex was once the nation’s largest online brokerage, subsequently losing ground to SBI Holdings Inc. and Rakuten Inc., and bought cryptocurrency exchange Coincheck in 2018. Collectively, the Top 10 performers in the index have each returned more than 54% over the past year, with “online retailer and advocate of blockchain technology” Overstock.com Inc. climbing ninefold (even after a plunge of 45% since Aug. 20) after second-quarter revenue more than doubled. Kakao is the third-best, up 147%. To be fair, the solid returns among most of the index’s members may be only obliquely connected to their exposure to the blockchain ecosystem. TSMC, for example, has largely benefited from the U.S.-China tech rivalry and increased demand for personal computers, servers and games consoles amid prolonged pandemic-driven social distancing. Investors may not care exactly why these players did so well, but the mere fact that they delivered such solid returns will likely be reason enough for the true believers to advocate embracing the blockchain revolution. (1) Returns calculated prior to New York market open Sept. 8,2020. Story continues This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. Tim Culpan is a Bloomberg Opinion columnist covering technology. He previously covered technology for Bloomberg News. For more articles like this, please visit us at bloomberg.com/opinion Subscribe now to stay ahead with the most trusted business news source. ©2020 Bloomberg L.P. View comments', 'Bitcoin, BTC to USD, slid by 2.42% on Tuesday. Reversing a 1.18% gain from Monday, Bitcoin ended the day at $10,148.0. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $10,464.0 before hitting reverse. Falling short of the first major resistance level at $10,579, Bitcoin slid to a late intraday low $9,882.4. Bitcoin fell through the first major support level at $10,065 recovering to wrap up the day at $10,100 levels. The near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was another mixed day for the majors on Tuesday. Binance Coin (+3.56%), Monero’s XMR (+1.64%), and Tron’s TRX (+8.15%) bucked the trend on the day. It was a bearish day for the rest of the majors, however. Ethereum and EOS led the way down, with losses of 4.59% and 3.26% respectively. Bitcoin Cash ABC (-2.23%), Bitcoin Cas **Last 60 Days of Bitcoin's Closing Prices:** [9240.35, 9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-09 **Financial & Commodity Data:** - Gold Closing Price: $1944.70 - Crude Oil Closing Price: $38.05 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $187,696,095,328 - Hash Rate: 128478859.9612265 - Transaction Count: 314864.0 - Unique Addresses: 681429.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.38 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Billionaire investor Mark Cuban, in a recentinterviewwith Bloomberg TV, discussed his current outlook on trading and investing. Change In Landscape From The 90s:The owner of Dallas Mavericks said he makes his investment decisions independent of financial advisors, andsticks to companieshe personally believes in. Cuban is a known supporter of technological innovations and holds investments in giants likeAmazon.com Inc.(NASDAQ:AMZN) andNetflix Inc.(NASDAQ:NFLX). "I used to trade a lot, I used to be very, very active as a trader," Cuban told David Rubenstein. In the 90s and early 2000s, there was a lot less money chasing more stocks, but “now there is a lot more money chasing fewer stocks,” according to Cuban. "It's harder to trade and be successful, so I just stick to companies I believe in," the "Shark Tank" host said in the Bloomberg interview. COVID-19 Brings New Opportunity:Cuban also talked about how the COVID-19 pandemic could create opportunities for entrepreneurs and the NBA bubble. The "Shark Tank" host remarked that the lockdown situation is forcing people to adapt to a digital lifestyle. He claimed that these troubled times is the perfect and opportune moment for creative and innovative entrepreneurs with a vision for the future. Back in April, Cuban claimed that despite having a hopeful long term opinion, he held a bleak view of the US market rally in the short run. Photo courtesy: Gage Skidmore via Flickr See more from Benzinga • Fidelity Seeks SEC Approval For A Bitcoin Index Fund • Under Armour Sued By UCLA Over 0M Sponsorship Contract Breach • Electric Vehicle Maker Xpeng Raises US IPO Target To .5 Billion © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["“A pandemic-led acceleration of adoption.”\nThat’s how Singapore-based DBS Bank describes the current state of digital assets in itsquarterly report on cryptocurrenciespublished in August.\nIt’s interesting to hear such an observation from a respected multinational bank and its chief economist, Taimur Baig. However, there have lately been murmurings about certain large financial institutions – particularly in places like Singapore, Switzerland and Germany – fielding a new wave of demand for crypto, filtering through from smaller private banks and wealthy clients.\nRelated:Binance’s New Platform Will Connect CeFi and DeFi With $100M Fund\nOn the subject of cryptocurrencies likebitcoin (BTC), Baig identified two distinct phases of demand: pre-pandemic and post-pandemic.\n“Pre-pandemic demand was largely speculative. People saw bitcoin had a spectacular run and wanted to be part of that game, so what’s wrong with putting in 1% of assets under management [into BTC],” Baig said in an interview. “But I think post-pandemic is beyond speculative. It’s more about, ‘This thing has fixed circulation, it will not be debased.’ People are worried about dollar outflow and wondering if they should hold crypto in addition to gold as a safe-haven currency.”\nRead more:Bitcoin’s Correlation With Gold Hits Record High\nDBS isn’t the only bank to notice this trend. Singapore-based digital asset bank Sygnum, which holds a banking license from the Swiss Financial Market Supervisory Authority, echoed this view.\nRelated:First Mover: DeFi 'Vampire' SushiSwap Sucks $800M from Uniswap; BitMEX Basis Lags\n“Since the outbreak of COVID-19 there has been increased interest from family offices and private individuals who see digital assets as an alternative and a way to protect against a worrying inflation risk,” said Martin Burgherr, co-head of clients at Sygnum Bank. “Now that banks are awakening from the lockdown, we have had a significant uptick in national and international banks asking us to help in a B2B setup, to enable their clients to invest in digital assets.”\nBaig – who has previously held senior economist roles at the Monetary Authority of Singapore, Deutsche Bank and the International Monetary Fund – likes to zoom out and take a macro view of digital currencies and the potential play of central bank digital currencies (CBDC).\nThere has been a steady rise in gold, while fixed-income yields are heading towards zero, Baig said, and such conditions have also caused “bitcoin to come back quite convincingly.”\nRead more:PTJ on BTC: Bitcoin Is Now the Macro Big Bet\nIt’s tempting to look at bitcoin through the lens of foreign exchange (FX), as yet another currency with an exchange rate against the U.S. dollar. But this is mistaken, Baig said, since a regular sovereign currency has accepted economic means of evaluation that determine productivity and long-term growth.\n“You can’t value cryptocurrencies like that,” Baig said. “While they can have this credibility with a system-based circulation, they’re still not attached to a country’s fortune. So, of course, they will not go and up and down the way the U.S. economy goes up and down. From that perspective, it’s more akin to gold than an FX in my view.”\nFor countries experiencing a currency crisis or episode of hyperinflation, pegging to the U.S. dollar may bring some short-term credibility, but it doesn’t work out well for a lot of currencies, Baig noted, adding:\n“If you look at Venezuela or even Lebanon, which is in the middle of a massive financial crisis, could you, at some point going forward, conceive that instead of linking your currency to the U.S. dollar, you link it to a cryptocurrency?”\nProvided that transactions can be viewed on the blockchain there are possibilities, said Baig. “As long as it’s tied to a limited-circulation currency, I see some similarities between that sort of anchoring versus anchoring against the US. dollar,” he said.\nThe topic of CBDCs is also highly politicized, particularly between the U.S. and China.\nThere are two dimensions to think about when it comes to China and its CBDC efforts at “digitizing the redback,” said Baig. Firstly, a digital renminbi (e-RMB) is a way that China’s central bank, the People’s Bank of China (PBoC), can exercise some control over the country’s sprawling fintech ecosystem.\n“There’s so much going on at the Alipay, Tencent level,” Baig said. “Deposits are being made by those fintechs, they are extending credit, so it doesn’t really matter what PBoC does with respect to interest rates. It’s like a whole parallel universe.”\nRead more:China’s Digital Currency May Come With Hardware Wallets as Well\nThe other dimension concerns the potential for an e-RMB to become a way for certain countries to bypass the U.S. dollar settlement mechanism, which makes them “somehow answerable to the Southern District [Court] in New York” or the Securities and Exchange Commission,” said Baig.\n“The U.S. dollar has been used repeatedly as a weapon against Iran against other countries and also against China,” he said. “I think now with U.S.-China tensions so high the case for e-RMB becomes even more compelling.”\nRead the full report:\n• Pandemic Will Speed Bitcoin Adoption, Says DBS Bank Economist\n• Pandemic Will Speed Bitcoin Adoption, Says DBS Bank Economist", "“A pandemic-led acceleration of adoption.” That’s how Singapore-based DBS Bank describes the current state of digital assets in its quarterly report on cryptocurrencies published in August. It’s interesting to hear such an observation from a respected multinational bank and its chief economist, Taimur Baig. However, there have lately been murmurings about certain large financial institutions – particularly in places like Singapore, Switzerland and Germany – fielding a new wave of demand for crypto, filtering through from smaller private banks and wealthy clients. Related: Binance’s New Platform Will Connect CeFi and DeFi With $100M Fund On the subject of cryptocurrencies like bitcoin (BTC) , Baig identified two distinct phases of demand: pre-pandemic and post-pandemic. “Pre-pandemic demand was largely speculative. People saw bitcoin had a spectacular run and wanted to be part of that game, so what’s wrong with putting in 1% of assets under management [into BTC],” Baig said in an interview. “But I think post-pandemic is beyond speculative. It’s more about, ‘This thing has fixed circulation, it will not be debased.’ People are worried about dollar outflow and wondering if they should hold crypto in addition to gold as a safe-haven currency.” Read more: Bitcoin’s Correlation With Gold Hits Record High DBS isn’t the only bank to notice this trend. Singapore-based digital asset bank Sygnum, which holds a banking license from the Swiss Financial Market Supervisory Authority, echoed this view. Related: First Mover: DeFi 'Vampire' SushiSwap Sucks $800M from Uniswap; BitMEX Basis Lags “Since the outbreak of COVID-19 there has been increased interest from family offices and private individuals who see digital assets as an alternative and a way to protect against a worrying inflation risk,” said Martin Burgherr, co-head of clients at Sygnum Bank. “Now that banks are awakening from the lockdown, we have had a significant uptick in national and international banks asking us to help in a B2B setup, to enable their clients to invest in digital assets.” Digital gold Baig – who has previously held senior economist roles at the Monetary Authority of Singapore, Deutsche Bank and the International Monetary Fund – likes to zoom out and take a macro view of digital currencies and the potential play of central bank digital currencies (CBDC). There has been a steady rise in gold, while fixed-income yields are heading towards zero, Baig said, and such conditions have also caused “bitcoin to come back quite convincingly.” Story continues Read more: PTJ on BTC: Bitcoin Is Now the Macro Big Bet It’s tempting to look at bitcoin through the lens of foreign exchange (FX), as yet another currency with an exchange rate against the U.S. dollar. But this is mistaken, Baig said, since a regular sovereign currency has accepted economic means of evaluation that determine productivity and long-term growth. “You can’t value cryptocurrencies like that,” Baig said. “While they can have this credibility with a system-based circulation, they’re still not attached to a country’s fortune. So, of course, they will not go and up and down the way the U.S. economy goes up and down. From that perspective, it’s more akin to gold than an FX in my view.” Dollar pegging For countries experiencing a currency crisis or episode of hyperinflation, pegging to the U.S. dollar may bring some short-term credibility, but it doesn’t work out well for a lot of currencies, Baig noted, adding: “If you look at Venezuela or even Lebanon, which is in the middle of a massive financial crisis, could you, at some point going forward, conceive that instead of linking your currency to the U.S. dollar, you link it to a cryptocurrency?” Provided that transactions can be viewed on the blockchain there are possibilities, said Baig. “As long as it’s tied to a limited-circulation currency, I see some similarities between that sort of anchoring versus anchoring against the US. dollar,” he said. Digitizing the redback The topic of CBDCs is also highly politicized, particularly between the U.S. and China. There are two dimensions to think about when it comes to China and its CBDC efforts at “digitizing the redback,” said Baig. Firstly, a digital renminbi (e-RMB) is a way that China’s central bank, the People’s Bank of China (PBoC), can exercise some control over the country’s sprawling fintech ecosystem. “There’s so much going on at the Alipay, Tencent level,” Baig said. “Deposits are being made by those fintechs, they are extending credit, so it doesn’t really matter what PBoC does with respect to interest rates. It’s like a whole parallel universe.” Read more **Last 60 Days of Bitcoin's Closing Prices:** [9276.50, 9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-10 **Financial & Commodity Data:** - Gold Closing Price: $1954.20 - Crude Oil Closing Price: $37.30 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $187,696,095,328 - Hash Rate: 136239328.01257572 - Transaction Count: 345981.0 - Unique Addresses: 745318.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.38 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: An Electrum wallet user claims to have lost a fortune in bitcoin after installing an older version of the software from a malicious source. • In a Sunday post onGitHub, the individual described the loss of more than 1,400bitcoin(worth around $16.2 million at press time) as a result of “foolishly” installing an old version of the lightweight wallet. • Going by the username “1400BitcoinStolen,” they described how a pop-up message asked to update their security prior to being allowed to transfer any funds. • Upon installing a purported “security update” for the wallet, it immediately triggered a transfer of the user’s entire balance to an address in the possession of a hacker. • Binance’s CEO Changpeng “CZ” Zhao has moved toblacklist the stolen fundsfrom his exchange, stating users should “beware of this Electrum official update.” • 1400BitcoinStolen said they had contacted blockchain analytics company Coinfirm for assistance in tracking the bitcoin and were awaiting a response. • Electrum has been around since 2011 and has gone throughmultiple updateswhile also being unable to stop bad actors exploiting previous versions bySybil attacksusing malicious servers. • Another member on the GutHub thread, “gits7r” – who seems to be associated with Electrum – said the problem comes from the decision by the team early on to allow users to “run their own servers or use servers that they trust.” • If users download a version from a different source than electrum.org and don’t check signatures, they may “install a backdoored Electrum,” gits7r said. • In 2018, the Electrum network suffered suchan attackfrom a bad actor who created multiple fake servers on the Electrum network that saw 245 bitcoin siphoned from unsuspecting victims. See also:Crypto Wallet Maker Ledger Loses 1M Email Addresses in Data Theft • Someone Just Lost $16M in Bitcoin by Using a Malicious Install of the Electrum Wallet • Someone Just Lost $16M in Bitcoin by Using a Malicious Install of the Electrum Wallet • Someone Just Lost $16M in Bitcoin by Using a Malicious Install of the Electrum Wallet • Someone Just Lost $16M in Bitcoin by Using a Malicious Install of the Electrum Wallet... - Reddit Posts (Sample): [['u/badgerhoneyy', 'Do you have a will? What happens to money scattered across all my accounts if I get hit by a proverbial bus?', 44, '2020-09-10 00:54', 'https://www.reddit.com/r/FIREUK/comments/ipr6aj/do_you_have_a_will_what_happens_to_money/', "I'm poor, with an income below £15k, still studying later than most, but have my full LISA allowances for the past four years, across more than one provider. I also have premium bonds (yes, yes, I know. But it's my emergency fund and super easy access), bitcoin, etc. And own property.\n\nI don't have a family and I don't have a will. If I die early, nobody would even know about the LISAs and bitcoin. How do I approach communicating the account info to someone after my death? Does it all go in a will? And how do people know where my will is?\n\nTo further complicate things, I'd like my small savings to go to an overseas charity. How do I appoint an executer to oversea this, and compensate them for the hassle without letting a solicitor do it and inevitably having no money left to go to the charity afterwards?\n\nWhat arrangements do you all have for an unpredicted early death?\n\nEDIT: Thanks you UK FIRE homies. There are some fantastic well-informed replies on this thread, and you've really given me a lot of direction in how to address this. I hope others can also read this and get some benefit.", 'https://www.reddit.com/r/FIREUK/comments/ipr6aj/do_you_have_a_will_what_happens_to_money/', 'ipr6aj', [['u/raspberyrobot', 15, '2020-09-10 02:02', 'https://www.reddit.com/r/FIREUK/comments/ipr6aj/do_you_have_a_will_what_happens_to_money/g4lov8c/', 'Also worried about my crypto if i get hit by a bus. My advice would be to tell someone you trust where the keys are. Also make sure the keys are someone fire proof.', 'ipr6aj'], ['u/Fortescue', 13, '2020-09-10 02:30', 'https://www.reddit.com/r/FIREUK/comments/ipr6aj/do_you_have_a_will_what_happens_to_money/g4lrzrs/', "I found the MSE site quite useful. Explains how Wills work, how to arrange one (cheaply), and how/where to store it.\n\nhttps://www.moneysavingexpert.com/family/free-cheap-wills/\n\nI ended up using a free Will from Which? (which.co.uk) as I had a subscription with them at the time. Their online Will template was quite snazzy and explained each of the sections.\n\nYou should be able to arrange for the money to go to a charity of your choice, although you will have to appoint an executor to do this for you.\n\nFor your your crypto holdings, I'd suggest a paper copy of your key to be stored as an appendix with your Will.", 'ipr6aj'], ['u/ObedientSandwich', 11, '2020-09-10 08:29', 'https://www.reddit.com/r/FIREUK/comments/ipr6aj/do_you_have_a_will_what_happens_to_money/g4mpnes/', '>Personal experience\n\nAre you writing this from the afterlife?', 'ipr6aj'], ['u/Walkertg', 11, '2020-09-10 09:05', 'https://www.reddit.com/r/FIREUK/comments/ipr6aj/do_you_have_a_will_what_happens_to_money/g4mrvls/', 'How do you know my account numbers and kids names??!', 'ipr6aj']]], ['u/Satize', 'Joining the smart side of bitcoin', 17, '2020-09-10 04:31', 'https://www.reddit.com/r/Bitcoin/comments/ipupp8/joining_the_smart_side_of_bitcoin/', "Just purchased my first Trezor & I'm planning on moving the precious coin over to it. Basically I'm just bragging and insisting you do the same if you haven't already. \n NOT YOUR KEYS NOT YOUR COINS!!", 'https://www.reddit.com/r/Bitcoin/comments/ipupp8/joining_the_smart_side_of_bitcoin/', 'ipupp8', [['u/Raverrevolution', 10, '2020-09-10 05:03', 'https://www.reddit.com/r/Bitcoin/comments/ipupp8/joining_the_smart_side_of_bitcoin/g4m8xkd/', "Thank God for people like you. I was starting to lose faith in humanity reading the other thread full of randoms sucking bank's big fat cock.\n\nThen again, more influx of newbs = bullrun on the horizon.", 'ipupp8']]], ['u/Elbeske', 'BTC is going up with the election, no matter the results.', 22, '2020-09-10 05:01', 'https://www.reddit.com/r/Bitcoin/comments/ipv6i2/btc_is_going_up_with_the_election_no_matter_the/', 'Bitcoin is a vote against the established financial market. And no matter what happens in November, the established financial markets are going to get fucked. \n\nThe markets need a catalyst for a crash, and the election is the perfect event for it to occur. Buy and Hodl for November', 'https://www.reddit.com/r/Bitcoin/comments/ipv6i2/btc_is_going_up_with_the_election_no_matter_the/', 'ipv6i2', [['u/Parking_Meater', 10, '2020-09-10 06:24', 'https://www.reddit.com/r/Bitcoin/comments/ipv6i2/btc_is_going_up_with_the_election_no_matter_the/g4mgfuc/', "I dunno I'm really digging the more 3rd world adaptation of bitcoin. Kinda feels like it's the true reprieve from failed governments and poor countries that can get internet but not reliable monetary infrastructure, like what bitcoin was meant for. Satoshi knew it was a long game and that it would naturally play out how it would and theorizing about everyaspect would drive a man insane. The United States will get to that level no matter who wins the election some time now or later. The worst recession ever seen is on the horizon.", 'ipv6i2']]], ['u/AutoModerator', '[Daily Discussion] Thursday, September 10, 2020', 31, '2020-09-10 06:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n**Other ways to interact:**\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/', 'ipw5cm', [['u/[deleted]', 19, '2020-09-10 06:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/g4mhnzq/', 'I have severe trust issues when it comes to pumps in bitcoin', 'ipw5cm'], ['u/Just_Me_91', 12, '2020-09-10 07:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/g4mm7ba/', "Well, Binance US has ACH deposits enabled again. I guess that means the dip is over, I wasn't able to buy the last few days when the price was at it's lows. In case it isn't obvious, it could go up or down from here, I'm just a little annoyed I haven't been able to buy for a while.", 'ipw5cm'], ['u/Sct1787', 15, '2020-09-10 07:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/g4mmz9l/', 'Everyone knows they only pumped because you sold. Thank you for your sacrifice', 'ipw5cm'], ['u/calmunrest', 10, '2020-09-10 12:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/g4necvf/', 'It is because both are linked to the demand of the USD.', 'ipw5cm'], ['u/cryptobaseline', 11, '2020-09-10 13:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/g4nnw6k/', "I'm really split about this. I'm still long and bought a bit more.\n\nBullish side: We are sold on pretty much all TA indicators, except for the weekly. But the last bubble had the weekly acting on such a pattern. Here is a look: https://share.cryptowat.ch/charts/btd0ipcijsgd56ddbt60-bitfinex-btcusd.png\n\nA reversal should at least double our price here, putting a crazy target like $20k-$25k\n\nBearish side: We dumped from a similar pattern last time, and we dumped hard: https://share.cryptowat.ch/charts/btd0jrf588hojcm75mt0-bitfinex-btcusd.png\n\nIt's too similar that it's just scary to think about for a bull. It's a fucking 50% dump.", 'ipw5cm'], ['u/Al-Kahulique', 11, '2020-09-10 13:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/g4nprb3/', "[Yea, you're a real corner-peeker ](https://www.reddit.com/r/BitcoinMarkets/comments/ficqmi/daily_discussion_saturday_march_14_2020/fkhrj06/?context=3)", 'ipw5cm'], ['u/clarkdoubleyou', 11, '2020-09-10 14:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/g4nymx1/', "> unless we have another new global crisis\n\n2021 just textet me 'zombies'!?", 'ipw5cm'], ['u/aaj094', 15, '2020-09-10 14:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/g4o3i33/', "Funding rates close to zero or negative and yet price showing tendency to go up. \n\nhttps://coinalyze.net/futures-data/global-charts/bitcoin/\n\nThat's super bullish in my view.", 'ipw5cm'], ['u/cryptokeeper1981', 12, '2020-09-10 14:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/g4o4qt7/', 'Wasn’t Tuesday a bloody day for stock market but slightly positive/sideways for bitcoin?\n\nSeems like we’re applying the correlations selectively.', 'ipw5cm'], ['u/cipher-space', 10, '2020-09-10 15:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["Within a week of going online, DeFi project SushiSwap’s total value locked (TVL) surpassed $1.5 billion. At its peak, it made up almost 70% of liquidity on the decentralized exchange Uniswap. SushiSwap only took seven days to launch.This article wasoriginally published by CoinDesk Chinaon Tuesday.\nSushiSwap co-founder 0xMaki (later referred to as Maki) once proudly said, “It took Uniswap two years to get to where it is today. It only took us seven days.”\nSushiSwap’s founding team is extremely small, with only three people: Chef Nomi (later referred to as Chef), sushiswap and 0xMaki. The first two are responsible for code and product development, while the latter is responsible for growth and operations.\nRelated:'I F**ked Up': SushiSwap Creator Chef Nomi Returns $14M Dev Fund\nLast Saturday, SushisSwap co-founder Chef suddenly sold all the tokens that were supposed to be used for a development fund without notifying the community. This move sparked dissatisfaction and doubt in the community, and SUSHI’s price plummeted.\nAs doubts in the community continued to grow, Chef decided to transfer the Admin Keys to FTX CEO Sam Bankman-Fried (later referred to as Sam) and left a message saying, “I am a good person.”\nAfter Sam took over the management key, he and Maki organized the code migration andmulti-signature validator voting.\nSushiSwap has since completed migrating its users’ funds from Uniswap and turned control over to nine well respected users who can approve changes and expenditures as a group.\nRelated:First Mover: Ethereum Gets Unplanned Stress Test as DeFi Fever Grows\nEarlier this week, CoinDesk China published anexclusive interviewwith Maki, the only remaining SushiSwap founding team member. The interview, which is slightly edited, covers Maki’s opinions on Chef’s sale of the development funds and Sam’s management authority, as well as SushiSwap’s development plan after Chef’s departure.\nCoinDesk China: Let’s start with a self-introduction. Who are you, and what do you do in SushiSwap?\nMaki: I’m a full-stack engineer, but in SushiSwap I’m responsible for growth and operations. For the time being, I don’t want to disclose too much about my real identity. If it becomes necessary later, I will disclose it, now it is too early.\nCoinDesk China: In your opinion, why did SushiSwap explode online?\nMaki: On the first day we went online, we had the Quantstamp audit report, which contained no major defects. The security audit report is very helpful to the growth of our TVL.\nCoinDesk China: What are your short-term goals?\nMaki: Our short-term goal is to successfully complete the migration, this is very important.[Note: The migration wascompletedon Wednesday].\nLater we will discuss governance with the community, in order to make the project develop smoothly and not fail.\nWe will also optimize the user interface (UI) of SushiSwap, such as launching a Chinese UI, introducing more traders, and adding features that UniSwap does not have.\nMore important, we will start integrating with other DeFi protocols. For example, the integration with renBTC’s native system, which would allow users to directly convertBTCto renBTC on SushiSwap. Another example is that if we integrate with 1inch, they can route more transactions to us because we have better liquidity.\nI am a believer in Ethereum, but I am open-minded about other public chains as well. I also hope to launch SushiSwap on public chains like Polkadot and Solana.\nWe want to create the best, most user-friendly DEX.\nCoinDesk China: When did you first start learning about cryptocurrency and blockchain?\nMaki: As early as 2013, someone introduced me to Bitcoin.\nCoinDesk China: Why did you decide to join SushiSwap?\nMaki: After reading a SushiSwap article on Medium, I felt that “Community Uniswap” is an indispensable part of the DEX ecosystem, so I contacted Chef and expressed my willingness to join.\nWhen I joined, staking, migration and governance contracts were all ready. Chef did not give me GitHub permissions, so I started directly preparing to work on market and operations.\nMy work at SushiSwap is completely voluntary. Now I only holdETHand YFI, I don’t have SUSHI tokens, nor participate in SUSHI liquidity mining. I value the success or failure of SushiSwap more than personal gains and losses.\nI have participated in YAM and YFI mining. Although I have not yet reached financial freedom, I’m not short on money.\nCoinDesk China: What is your personal opinion of Uniswap?\nMaki: I think Uniswap is very good. Its founder Hayden Adams is a person I really admire.\nI think we will coexist with Uniswap. There definitely will be multiple players on this track. In addition to Uniswap and SushiSwap, there will be other DEXs as well.\nCoinDesk China: Do you personally know Chef? Are Chef and sushiswap the same person?\nMaki: I saw SushiSwap’s introduction article on Medium, and after finding it very interesting I joined its Discord group. I was the third person to join, after Chef and sushiswap. I don’t think they are the same person, but they are probably two people who know each other in real life.\nCoinDesk China: Many people on the Internet are saying, Chef is actually FTX CEO Sam, is that true?\nMaki: No, Sam joined later. I don’t believe Chef and Sam are the same person.\nCoinDesk China: Are you disappointed bywhat Chef did?\nMaki: Chef sold all the tokens that were supposed to be used for a development fund, which is very surprising. At the beginning, Chef said that he didn’t come to make fast money, he was thinking about the community … I now think he’s all talk, and I am not sure of his original intention…\nIn the end he cashed out, but he also transferred the administrator authority to Sam, but his behavior caused the price of the SUSHI token to plummet.[Note: Chef Nomilater returned all $14 millionin ETH he cashed out.]\nCoinDesk China: Do you think Chef and sushiswap contributed to the project?\nMaki: They just copied Uniswap and YAM’s code, I don’t think they invested a lot in this project. They were more thinking about how to make fast money, without a long-term vision.\nBut I still thank them for giving me an opportunity to participate in this project, though it is forked out of other projects.\nI think SushiSwap could be made into a great project, so I’m willing to continue to support it. In the Ethereum community, I’ve also met a lot of great people, they have always encouraged me and we will continue to build this project together.\nCoinDesk China: After Sam took over management authority, what was the division of labor between you and Sam?\nMaki: Later I will “guide” the development of the entire project. … It is up to the community to make decisions, I only make suggestions.\nCoinDesk China: What is your opinion of Sam’s management authority?\nMaki: I am satisfied with the result. At the very beginning, Chef said he wanted to give management authority to me, but I wasn’t very confident in my own technical strength. I wasn’t sure that I would be able to make SushiSwap’s migration a success.\nLater, I suggested that Chef consider giving management authority to Andrew Kang or Sam, they both have a better understanding of technology, and are also very interested in this project. Sam also holds a lot of SUSHI, so he is financially motivated to do a good job in operating and managing this project.\nAfter the migration is completed and the multi-signature board of directors is determined, I think he will transition from the role of administrator to an ordinary community member. After that, I will mainly be responsible for leading this project to the next stage. Slowly, I will also fade out and gradually decentralize this project.\n• SushiSwap Co-Founder Sees Future Users in China and on Other Blockchains\n• SushiSwap Co-Founder Sees Future Users in China and on Other Blockchains", "Within a week of going online, DeFi project SushiSwap\x92s total value locked (TVL) surpassed $1.5 billion. At its peak, it made up almost 70% of liquidity on the decentralized exchange Uniswap. SushiSwap only took seven days to launch. This article was originally published by CoinDesk China on Tuesday. SushiSwap co-founder 0xMaki (later referred to as Maki) once proudly said, \x93It took Uniswap two years to get to where it is today. It only took us seven days.\x94 SushiSwap\x92s founding team is extremely small, with only three people: Chef Nomi (later referred to as Chef), sushiswap and 0xMaki. The first two are responsible for code and product development, while the latter is responsible for growth and operations. Related: 'I F**ked Up': SushiSwap Creator Chef Nomi Returns $14M Dev Fund Last Saturday, SushisSwap co-founder Chef suddenly sold all the tokens that were supposed to be used for a development fund without notifying the community. This move sparked dissatisfaction and doubt in the community, and SUSHI\x92s price plummeted. As doubts in the community continued to grow, Chef decided to transfer the Admin Keys to FTX CEO Sam Bankman-Fried (later referred to as Sam) and left a message saying, \x93I am a good person.\x94 After Sam took over the management key, he and Maki organized the code migration and multi-signature validator voting. SushiSwap has since completed migrating its users\x92 funds from Uniswap and turned control over to nine well respected users who can approve changes and expenditures as a group. Related: First Mover: Ethereum Gets Unplanned Stress Test as DeFi Fever Grows Earlier this week, CoinDesk China published an exclusive interview with Maki, the only remaining SushiSwap founding team member. The interview, which is slightly edited, covers Maki\x92s opinions on Chef\x92s sale of the development funds and Sam\x92s management authority, as well as SushiSwap\x92s development plan after Chef\x92s departure. Story continues CoinDesk China: Let\x92s start with a self-introduction. Who are you, and what do you do in SushiSwap? Maki: I\x92m a full- **Last 60 Days of Bitcoin's Closing Prices:** [9243.61, 9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-11 **Financial & Commodity Data:** - Gold Closing Price: $1937.80 - Crude Oil Closing Price: $37.33 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $190,815,653,112 - Hash Rate: 118993843.45402186 - Transaction Count: 308323.0 - Unique Addresses: 677215.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.41 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Related: The Real Story Behind Tesla's Crazy Rally Crypto and Taxes 2020 : Wednesday is this year’s deadline for Americans to file their tax returns, and cryptocurrency users’ obligations are as confusing as ever. This series of articles explores the complex issues facing digital asset investors. Read more: IRS Violated ‘Taxpayer Bill of Rights’ With 2019 Crypto Letters: Watchdog Crypto Taxes: Still Confused After All These Years Hodlers Can Donate Crypto to Charity to Minimize Tax Payments View on Flipboard Related Stories Bitcoin News Roundup for July 14, 2020 Bitcoin News Roundup for July 14, 2020... - Reddit Posts (Sample): [['u/SnooTangerines4358', '60% of BTC owned by .5% of wallets', 31, '2020-09-11 00:20', 'https://www.reddit.com/r/Bitcoin/comments/iqdqf3/60_of_btc_owned_by_5_of_wallets/', 'I looked up the number of Bitcoin wallets on [www.bitinfocharts.com](https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html) and, after not accounting for wallets with less than .1 BTC (1000 USD), I realized that less than 16000 (.5%) total wallet addresses control 60% of the current Bitcoin distribution. What kind of impact could this have on Bitcoin’s price and would it mean that it’s easily manipulated? What are your thoughts on such a heavy ownership concentrated by such a small minority?', 'https://www.reddit.com/r/Bitcoin/comments/iqdqf3/60_of_btc_owned_by_5_of_wallets/', 'iqdqf3', [['u/Leading_Zeros', 71, '2020-09-11 00:43', 'https://www.reddit.com/r/Bitcoin/comments/iqdqf3/60_of_btc_owned_by_5_of_wallets/g4rjbco/', 'Most of those are exchanges, institutions, custodians holding bitcoin for hundreds, thousands even millions of people. Bitcoin is pseudonymous. Looking at wallet addresses and trying to extrapolate to number of people holding is a complete waste of time.', 'iqdqf3'], ['u/Reach_Beyond', 10, '2020-09-11 00:59', 'https://www.reddit.com/r/Bitcoin/comments/iqdqf3/60_of_btc_owned_by_5_of_wallets/g4rl6nm/', 'Is it possible 30% or something is in Wallet’s owned by exchanges? In that case it may seem like a huge concentration is in a few wallets but that wallet’s bitcoin isn’t owned by an individual. I image a good amount of people leave their bitcoin in exchanges.', 'iqdqf3'], ['u/typtyphus', 10, '2020-09-11 09:30', 'https://www.reddit.com/r/Bitcoin/comments/iqdqf3/60_of_btc_owned_by_5_of_wallets/g4sxsl7/', 'we\'re reminded of "not your keys, not your coins" every time an exchange gets hacked, or see a +200 block reorg.', 'iqdqf3']]], ['u/Teachmethings01', '[WTS] 🔥Rhodium, Palladium, Gold, Silver 🔥', 18, '2020-09-11 01:14', 'https://www.reddit.com/r/Pmsforsale/comments/iqepfb/wts_rhodium_palladium_gold_silver/', 'Updated date group proof pic in album\n\n[proof/pics](https://photos.app.goo.gl/LHDwTcEEX9iW1VjX7)\n\nSome price improvements!\n\nMany of these pieces need no introduction so let’s get to it!\n\nRhodium\n\nBaird 1/10 in Assay - SOLD!- Buyer went dark 🤷\n\nPalladium\n\nStillwater 1/4 oz made by Johnson Matthey in mint packaging. Cut out of larger sheet. - $640\n\nVintage Gold\n\n1 oz Engelhard Canadian Bull bar - $2150\n\n1 oz 1980 Engelhard Prospector (small ding on rim as shown in photos) - $2150\n\n1904 MS 61 $20 Liberty - $2115\n\nSilver\n\n100oz Asahi poured dark toned! - $2840\n\nShipping $8 priority \n\nAll items insured by me until they deliver!\n\nPpff, zelle, Venmo, BTC', 'https://www.reddit.com/r/Pmsforsale/comments/iqepfb/wts_rhodium_palladium_gold_silver/', 'iqepfb', [['u/datboy1986', 12, '2020-09-11 02:00', 'https://www.reddit.com/r/Pmsforsale/comments/iqepfb/wts_rhodium_palladium_gold_silver/g4rsdu6/', 'Rhodium is played out. Got any Plutonium?', 'iqepfb']]], ['u/admin_default', 'Why doesn’t Maker pay interest to liquidity providers?', 18, '2020-09-11 02:30', 'https://www.reddit.com/r/MakerDAO/comments/iqg00n/why_doesnt_maker_pay_interest_to_liquidity/', 'Dai prices steadily rising beyond $1 and it seems likely that DeFi is causing the disconnect.\n\nYield farmers are able to stake ETH, wBTC or other tokens in Compound or Yearn and earn interest (at insanely high rates). They can then borrow Dai and earn even higher interest, effectively negative interest rates for borrowing. This makes Maker much less competitive so there’s an imbalance in the supply/demand of Dai.\n\nWhat can be done to keep Maker competitive?', 'https://www.reddit.com/r/MakerDAO/comments/iqg00n/why_doesnt_maker_pay_interest_to_liquidity/', 'iqg00n', [['u/gremlin0x', 15, '2020-09-11 03:19', 'https://www.reddit.com/r/MakerDAO/comments/iqg00n/why_doesnt_maker_pay_interest_to_liquidity/g4s1dcu/', "You're not providing liquidity. No one is borrowing your ETH that you deposit, so you're taking no risk. Maker is not a credit lending platform. It's a CDO tool. That's fundamentally different than Compound or CREAM where the currency you're providing is actually at risk of a bank run.\n\nI do believe you should earn something for your assets being used as collateral, and I'm waiting for Maker to start allowing yUSD, uUSD, yETH, yBTC, or any other LP token so at the very least, you're earning interest on your dollars. It would also be interesting since technically, there's currently a interest rate arb opportunity on Dai and yearn finance since yUSD is earning well over 20% APY with over 3 months of no loss of funds. Eventually, you're going to be able to arb this and overleverage a position with Maker + yUSD, but Maker would have to approve this collateral type.", 'iqg00n']]], ['u/[deleted]', 'ELIF5: How can bitcoin be both a good currency and a good investment?', 14, '2020-09-11 05:05', 'https://www.reddit.com/r/Bitcoin/comments/iqijev/elif5_how_can_bitcoin_be_both_a_good_currency_and/', "Something I still fundamentally don't understand about bitcoin is its dual identity as a currency and an investment. And, as I understand it, the believers in these roles for bitcoin aren't competing groups; the people who are excited about bitcoin as an investment seem to be the same people who are excited about its potentially as a currency. \n\nIn order to be a good currency, conventional wisdom holds that its value should be relatively stable. But a good investment, by definition, has value that rapidly increases. \n\nFOREX is a thing, obviously, but that's also pretty detached from how the average person views or uses their dollars. It's also generally a bit more complicated than just buying a dollar because you think the dollar is a popular kind of money. \n\nSo, with all of that in mind, how should the average person view bitcoin, and why? Should they buy it as a currency? As an investment? Both? Neither? How do you view it? \n\nEdit: typo in title. the extra 5 is redundant, obviously", 'https://www.reddit.com/r/Bitcoin/comments/iqijev/elif5_how_can_bitcoin_be_both_a_good_currency_and/', 'iqijev', [['u/Raverrevolution', 13, '2020-09-11 05:24', 'https://www.reddit.com/r/Bitcoin/comments/iqijev/elif5_how_can_bitcoin_be_both_a_good_currency_and/g4sf5d5/', "Well...this is the first instance of this in history. Digital, store of value, and it being money. Bitcoin is making history. It's a new paradigm of how humanity views value. This will change the very definition of money.\n\nWelcome on board.", 'iqijev']]], ['u/AutoModerator', '[Daily Discussion] Friday, September 11, 2020', 40, '2020-09-11 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/iqjg7o/daily_discussion_friday_september_11_2020/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n**Other ways to interact:**\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/iqjg7o/daily_discussion_friday_september_11_2020/', 'iqjg7o', [['u/SloppySynapses', 11, '2020-09-11 08:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/iqjg7o/daily_discussion_friday_september_11_2020/g4ssw3a/', "Very frequently, but people don't realize that the further out the gap is in the $3k-$13k range, the less likely/longer it takes to get filled. There's a small, unfilled gap at around $3550 from feb 2019 and there was a gap at $11800 for a whole year that was finally filled a month or so ago.\n\nThe simplest explanation for why (nearly) all of the CME gaps have been filled is that BTC has been ranging for years.", 'iqjg7o'], ['u/Schwanzerfaust', 23, '2020-09-11 09:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/iqjg7o/daily_discussion_friday_september_11_2020/g4swkvs/', 'I recently watched a documentary about filling gaps on xhamster and I have to admit it pretty much fills every time convincingly. I can now see why people believe such stories.', 'iqjg7o'], ['u/xtal_00', 10, '2020-09-11 09:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/iqjg7o/daily_discussion_friday_september_11_2020/g4syefn/', 'A move is in the mail.', 'iqjg7o'], ['u/Tadejus89', 18, '2020-09-11 15:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/iqjg7o/daily_discussion_friday_september_11_2020/g4tko3v/', 'This correlation BS needs to be stopped. If we were heavily correlated with stocks then BTC should be down at 9k already.', 'iqjg7o'], ['u/RetardIdiotTrader', 13, '2020-09-11 20:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/iqjg7o/daily_discussion_friday_september_11_2020/g4uhll1/', 'No, wicks are too long on the daily candles to suggest three white soldiers.', 'iqjg7o'], ['u/_TROLL', 16, '2020-09-11 21:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/iqjg7o/daily_discussion_friday_september_11_2020/g4uwjrh/', 'The psychological barrier of $12,345.67 ... damn you, numerology!', 'iqjg7o'], ['u/Damo... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["Recapping the biggest stories of the week, including Joe Biden’s China plan, a market holding pattern and, of course, the strange competitive saga of SUSHI. For more episodes and free early access before our regular daily releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . This episode is sponsored by Crypto.com , Bitstamp and Nexo.io . On this edition of the Breakdown Weekly Recap, NLW looks at: The “holding pattern economy” – why stocks, jobs and central bank policy seem stuck in place Why Joe Biden’s China plan shows that, no matter who wins the presidential election, U.S. economic policy towards China is likely to get more aggressive The surveillance state gets stronger as Amazon appoints a former NSA head to its board of directors The SUSHI saga This week on The Breakdown: Related: Bitcoin News Roundup for Sept. 14, 2020 Monday | Sorry, Governments, We’re Entering the Era of Private Money Tuesday | Why Bitcoin Investors Aren’t Worried About This Price Pullback Wednesday | ‘Absolute Raging Mania’: Famed Investor Druckenmiller Thinks 10% Inflation Is Possible Thursday | How Monetary Policy Undermined American Resilience Related: First Mover: As Central Banks Print $1.4B an Hour, Bitcoiners Bet on Federal Reserve 'Capture' Friday | ‘As Toppy as It Gets’: Metals, Bitcoin and Fiat’s Race to the Bottom, Feat. Tavi Costa For more episodes and free early access before our regular daily releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . Related Stories The Raw, Savage Capitalism of Open-Source Protocols The Raw, Savage Capitalism of Open-Source Protocols", "Recapping the biggest stories of the week, including Joe Biden’s China plan, a market holding pattern and, of course, the strange competitive saga of SUSHI. For more episodes and free early access before our regular daily releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . This episode is sponsored by Crypto.com , Bitstamp and Nexo.io . On this edition of the Breakdown Weekly Recap, NLW looks at: The “holding pattern economy” – why stocks, jobs and central bank policy seem stuck in place Why Joe Biden’s China plan shows that, no matter who wins the presidential election, U.S. economic policy towards China is likely to get more aggressive The surveillance state gets stronger as Amazon appoints a former NSA head to its board of directors The SUSHI saga This week on The Breakdown: Related: Bitcoin News Roundup for Sept. 14, 2020 Monday | Sorry, Governments, We’re Entering the Era of Private Money Tuesday | Why Bitcoin Investors Aren’t Worried About This Price Pullback Wednesday | ‘Absolute Raging Mania’: Famed Investor Druckenmiller Thinks 10% Inflation Is Possible Thursday | How Monetary Policy Undermined American Resilience Related: First Mover: As Central Banks Print $1.4B an Hour, Bitcoiners Bet on Federal Reserve 'Capture' Friday | ‘As Toppy as It Gets’: Metals, Bitcoin and Fiat’s Race to the Bottom, Feat. Tavi Costa For more episodes and free early access before our regular daily releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . Related Stories The Raw, Savage Capitalism of Open-Source Protocols The Raw, Savage Capitalism of Open-Source Protocols", 'The big U.S. indexes endedanother volatile weekin the red, led by a 4% retreat in the Nasdaq. Investors have their eyes on moves by theOracle of Omahaand theupcoming iPhone launch. The week also saw a notable CEO turnover and a retailer on the brink possibly saved, even while the e-commerce colossus further expands its footprint.\nAs usual, Benzinga continues to examine the prospects for many of the stocks most popular with investors. Here are a few of this past week\'s most bullish and bearish posts that are worth another look.\nBulls\nPeloton Interactive Inc(NASDAQ:PTON) is already delivering solid profits, even at this early stage of growth, according to Chris Katje\'s "7 Peloton Analysts On The Q4 Report: \'A Bona Fide Growth Company\'."\nIn "Uber Analyst Expects California\'s Prop 22 To Pass Based On Latest Polling," Wayne Duggan reveals whyUber Technologies Inc(NYSE:UBER) may dodge the AB5 bullet on Election Day.\nShanthi Rexaline\'s "Why Moody\'s Is Upgrading AMD\'s Credit Rating" shows why theAdvanced Micro Devices, Inc.(NASDAQ:AMD) credit rating is no longer below investment grade, making shares more attractive for risk-averse investors.\n"Sysco Analyst Says Restaurant Supplier Will Emerge From COVID-19 \'A Much Stronger Company\'" by Priya Nigam discusses whySysco Corporation(NYSE:SYY) can take meaningful market share from small competitors.\nFor additional bullish calls, also have a look at 4 Pros Offer Their Take On The Tech Sell-Off: \'Natural Speed Bump\' and Jack Dorsey Says Internet Wants A Currency And It\'s Bitcoin.\nBears\nChris Katje\'s "BofA On 5 Upcoming Apple Catalysts: \'Time To Pay Attention To The Fundamentals\'" says that possible headwinds made one topApple Inc(NASDAQ:AAPL) analyst cautious.\nIn Wayne Duggan\'s "Analyst: S&P Passed On Tesla Because It\'s \'Profoundly Overvalued\'," makes the case that the decision to shunTesla Inc(NASDAQ:TSLA) was brave of the S&P 500 Committee.\n"Exxon Mobil May Need B In Debt To Support Dividend, Says MKM Partners" by Priya Nigam discusses what it may take forExxon Mobil Corporation(NYSE:XOM) to back its generous dividend.\nAnalysts have concerns aboutOracle Corporation(NYSE:ORCL) after its quarterly report. So says "Oracle Analysts On The Sidelines After Q1 Beat: BofA Awaits Sustained Revenue Acceleration" by Shanthi Rexaline.\nBe sure to check out AstraZeneca COVID-19 Vaccine Trial Halt A \'Wake-Up Call,\' WHO Says and Analysts Aren\'t Impressed With GameStop\'s Quarter Or Future for additional bearish calls.\nAt the time of this writing, the author had no position in the mentioned equities.\nKeep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.\nSee more from Benzinga\n• Barron\'s Picks And Pans: Boeing, Citigroup, Zoom Video And More\n• Notable Insider Buys Last Week: Avis Budget, SmileDirectClub And More\n• Benzinga\'s Bulls And Bears Of The Week: Apple, Costco, FedEx And More\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'The big U.S. indexes ended another volatile week in the red, led by a 4% retreat in the Nasdaq. Investors have their eyes on moves by the Oracle of Omaha and the upcoming iPhone launch . The week also saw a notable CEO turnover and a retailer on the brink possibly saved, even while the e-commerce colossus further expands its footprint. As usual, Benzinga continues to examine the prospects for many of the stocks most popular with investors. Here are a few of this past week\'s most bullish and bearish posts that are worth another look. Bulls Peloton Interactive Inc (NASDAQ: PTON ) is already delivering solid profits, even at this early stage of growth, according to Chris Katje\'s "7 Peloton Analysts On The Q4 Report: \'A Bona Fide Growth Company\'." In "Uber Analyst Expects California\'s Prop 22 To Pass Based On Latest Polling," Wayne Duggan reveals why Uber Technologies Inc (NYSE: UBER ) may dodge the AB5 bullet on Election Day. Shanthi Rexaline\'s "Why Moody\'s Is Upgrading AMD\'s Credit Rating" shows why the Advanced Micro Devices, Inc. (NASDAQ: AMD ) credit rating is no longer below investment grade, making shares more attractive for risk-averse investors. "Sysco Analyst Says Restaurant Supplier Will Emerge From COVID-19 \'A Much Stronger Company\'" by Priya Nigam discusses why Sysco Corporation (NYSE: SYY ) can take meaningful market share from small competitors. For additional bullish calls, also have a look at 4 Pros Offer Their Take On The Tech Sell-Off: \'Natural Speed Bump\' and Jack Dorsey Says Internet Wants A Currency And It\'s Bitcoin. Bears Chris Katje\'s "BofA On 5 Upcoming Apple Catalysts: \'Time To Pay Attention To The Fundamentals\'" says that possible headwinds made one top Apple Inc (NASDAQ: AAPL ) analyst cautious. In Wayne Duggan\'s "Analyst: S&P Passed On Tesla Because It\'s \'Profoundly Overvalued\'," makes the case that the decision to shun Tesla Inc (NASDAQ: TSLA ) was brave of the S&P 500 Committee. Story continues "Exxon Mobil May Need B In Debt To Support Dividend, Says MKM Partners" by Priya Nigam discusses what it may take for Exxon Mobil Corporation (NYSE: XOM ) to back its generous dividend. Analysts have concerns about Oracle Corporation (NYSE: ORCL ) after its quarterly report. So says "Oracle Analysts On The Sidelines After Q1 Beat: BofA Awaits Sustained Revenue Acceleration" by Shanthi Rexaline. Be sure to check out AstraZeneca COVID-19 Vaccine Trial Halt A \'Wake-Up Call,\' WHO Says and Analysts Aren\'t Impressed With GameStop\'s Quarter Or Future for additional bearish calls. At the time of this writing, the author had no position in the mentioned equities. Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter. See more from Benzinga Barron\'s Picks And Pans: Boeing, Citigroup, Zoom Video And More Notable Insider Buys Last Week: Avis Budget, SmileDirectClub And More Benzinga\'s Bulls And Bears Of The Week: Apple, Costco, FedEx And More © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', "NEW YORK, NY / ACCESSWIRE / September 12, 2020 /ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD).\nReal-Time Market Data is available atwww.alt5pro.comand Real-Time Market Data feed is also available atwww.alt5sigma.com.ALT 5 Sigma Digital Instrument Mark **Last 60 Days of Bitcoin's Closing Prices:** [9243.21, 9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-12 **Financial & Commodity Data:** - Gold Closing Price: $1937.80 - Crude Oil Closing Price: $37.33 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $190,815,653,112 - Hash Rate: 146586618.74770805 - Transaction Count: 300152.0 - Unique Addresses: 604531.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.41 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Ethereum continues to demonstrate a bullish trajectory following a staggering 65.78% rally to the upside over the past three weeks. Spurred by the rise in popularity of DeFi projects, Ethereum has re-emerged as an industry-leading smart contracts provider, with companies often opting to launch new tokens on the Ethereum blockchain. As a result, interest in Ethereum from both institutional and retail investors has risen significantly with daily trade volume hitting a 10-week high of $20 billion on August 2. At the time of writing Ethereum is trading at $391 following a failed attempt at breaking above the critical level of resistance at $400. While the rejection from $400 can be perceived as being bearish, the fact that Ethereum is continuing to trade above 2019’s high of $367 indicates just how strong this rally is from a macro perspective. If Ethereum can begin to close daily and weekly candles above the $440 region it would almost certainly trigger bullish continuation to the upside, with potential price targets emerging at $515 and $624. This would have a profound impact on the rest of the cryptocurrency markets as it would likely drag Bitcoin, which is currently trading at $11,720, up along with it. When analysing the ETH/BTC trading pair it is clear to see that Ethereum has spearheaded this recent rally in terms of USD value, with the world’s second largest cryptocurrency by market cap making a 96.9% gain against Bitcoin since the turn of the year. For more news, guides and cryptocurrency analysis, click here . About Ethereum Ethereum was launched by Vitalik Buterin on July 30 2015. He was a researcher and programmer working on Bitcoin Magazine and he initially wrote a whitepaper in 2013 describing Ethereum. Buterin had proposed that Bitcoin needed a scripting language. He decided to develop a new platform with a more general scripting language when he couldn’t get buy-in to his proposal. More Ethereum news and information If you want to find out more information about Ethereum or cryptocurrencies in general, then use the search box at the top of this page. Please check the below article: Story continues https://coinrivet.com/ethereum-adopts-erc-1155-as-an-official-standard/ As with any investment, it pays to do some homework before you part with your money. The prices of cryptocurrencies are volatile and go up and down quickly. This page is not recommending a particular currency or whether you should invest or not. You may be interested in our range of cryptocurrency guides along with the latest cryptocurrency news . Disclaimer: This is not financial advice.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 0.51% on Saturday. Following on from a 0.49% gain on Friday, Bitcoin ended the day at $10,458.0. It was a mixed start to the day. Bitcoin rose to an early morning high $10,415.0 before sliding to an early afternoon intraday low $10,287.0. Steering clear of the first major support level at $10,255, Bitcoin rallied to a late afternoon intraday high $10,492.0. Coming up against the first major resistance level at $10,496 and resistance at $10,500, Bitcoin eased back to limit the upside on the day. The near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was another mixed day on Saturday. Bitcoin Cash SV (-0.14%) and Tron’s TRX (-2.39%) saw red to buck the trend on the day. It was a bullish day for the rest of the majors, however. Binance Coin surged by 12.08% to lead the way. Bitcoin Cash ABC (+2.53%), Ethereum (+3.71%), Litecoin (+3.80%), Monero’s XMR (+2.83%), and Ripple’s XRP (+1.90%) also found strong support. Cardano’s ADA (+0.73%), EOS (+0.60%), Stellar’s Lumen (+0.26%), and Tezos (+0.94%) trailed the pack, however. In the current week, the crypto total market fell to a Tuesday low $297.87bn before rising to a Saturday high $327.48bn. At the time of writing, the total market cap stood at $324.97bn. Bitcoin’s dominance rose to a Monday high 61.28% before falling to a Saturday low 59.17%. At the time of writing, Bitcoin’s dominance stood at 59.28%. This Morning At the time of writing, Bitcoin was down by 0.22% to $10,435.3. A bearish start to the day saw Bitcoin fall from an early morning high $10,461.1 to an early morning low $10,435.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash ABC (+0.39%), Bitcoin Cash SV (+0.94%), and Ripple’s XPR (+0.20%) found support early on. Story continues It was a bearish start for the rest of the majors, however. At the time of writing, Tron’s TRX was down by 1.28% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $10,412 pivot level to support a run at the first major resistance level at $10,538. Support from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $10,492.0. Barring an extended crypto rally, the first major resistance level and resistance at $10,500 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,617. Failure to avoid a fall through the $10,412 pivot would bring the first major support level at $10,333 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,200. The second major support level at $10,207 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: NZD/USD Forex Technical Analysis – Tight Trading Range Suggests Trader Indecision, Impending Volatility Organic Soybean Prices Continue to Experience Tailwinds S&P 500 Weekly Price Forecast – Stock Markets Take a Dive USD/JPY Forex Technical Analysis – Strengthens Over 106.306, Weakens Under 106.077 The Crypto Daily – Movers and Shakers – September 12th, 2020 Gold Price Prediction – Prices Slip and Trade Sideways Despite Robust Inflation', 'Bitcoin, BTC to USD, rose by 0.51% on Saturday. Following on from a 0.49% gain on Friday, Bitcoin ended the day at $10,458.0.\nIt was a mixed start to the day. Bitcoin rose to an early morning high $10,415.0 before sliding to an early afternoon intraday low $10,287.0.\nSteering clear of the first major support level at $10,255, Bitcoin rallied to a late afternoon intraday high $10,492.0.\nComing up against the first major resistance level at $10,496 and resistance at $10,500, Bitcoin eased back to limit the upside on the day.\nThe near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was another mixed day on Saturday.\nBitcoin Cash SV (-0.14%) and Tron’s TRX (-2.39%) saw red to buck the trend on the day.\nIt was a bullish day for the rest of the majors, however.\nBinance Coin surged by 12.08% to lead the way.\nBitcoin Cash ABC (+2.53%), Ethereum (+3.71%), Litecoin (+3.80%), Monero’s XMR (+2.83%), and Ripple’s XRP (+1.90%) also found strong support.\nCardano’s ADA (+0.73%), EOS (+0.60%), Stellar’s Lumen (+0.26%), and Tezos (+0.94%) trailed the pack, however.\nIn the current week, the crypto total market fell to a Tuesday low $297.87bn before rising to a Saturday high $327.48bn. At the time of writing, the total market cap stood at $324.97bn.\nBitcoin’s dominance rose to a Monday high 61.28% before falling to a Saturday low 59.17%. At the time of writing, Bitcoin’s dominance stood at 59.28%.\nAt the time of writing, Bitcoin was down by 0.22% to $10,435.3. A bearish start to the day saw Bitcoin fall from an early morning high $10,461.1 to an early morning low $10,435.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBitcoin Cash ABC (+0.39%), Bitcoin Cash SV (+0.94%), and Ripple’s XPR (+0.20%) found support early on.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Tron’s TRX was down by 1.28% to lead the way down.\nBitcoin would need to avoid a fall through the $10,412 pivot level to support a run at the first major resistance level at $10,538.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $10,492.0.\nBarring an extended crypto rally, the first major resistance level and resistance at $10,500 would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,617.\nFailure to avoid a fall through the $10,412 pivot would bring the first major support level at $10,333 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,200. The second major support level at $10,207 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• NZD/USD Forex Technical Analysis – Tight Trading Range Suggests Trader Indecision, Impending Volatility\n• Organic Soybean Prices Continue to Experience Tailwinds\n• S&P 500 Weekly Price Forecast – Stock Markets Take a Dive\n• USD/JPY Forex Technical Analysis – Strengthens Over 106.306, Weakens Under 106.077\n• The Crypto Daily – Movers and Shakers – September 12th, 2020\n• Gold Price Prediction – Prices Slip and Trade Sideways Despite Robust Inflation', 'Every week there’s usually at least one article in CoinDesk, a blurb in a newsletter and several charts in the Twittersphere about bitcoin’s correlation with something or other. This week, we were told that the 60-day correlation between gold and bitcoin (BTC) had reached all-time highs. Last week, our monthly report featured a chart of BTC’s correlation with the DXY dollar index. A few weeks before that, the correlation with the S&P 500 was in the headlines. If you feel dizzy from the rapid turns in attention on which correlation metric matters, you’re not alone. But, you had better get used to it because the fascination with BTC’s correlation status is unlikely to fade any time soon. What this reveals about bitcoin is intriguing. It’s not so much the correlation measures per se – they are fun to watch go up and down, but they’re not the deeper story. The deeper story is why it matters so much to us. Related: Blockchain Bites: Big Bitcoin Bets, SushiSwap Drops, bZx Attacked When we point to BTC’s increasing correlation with the S&P 500, gold, avocados or whatever, we are searching for a handle on its prevailing narrative. We hope that correlations will give us a clue. BTC is a difficult asset to pin down. It is a scarce asset like gold, yet with a harder cap. It can be used for pseudonymous transactions, as can cash. It is a speculative holding for many, like equities. It is a bet on a new technology, like a growth stock. It is a hedge against a dollar collapse, a way to spread financial inclusion, an investment in financial evolution, a political statement. It is all of these, or none of these, depending on your intellectual leanings, economic philosophy and mood. The narrative we choose for bitcoin matters, though. Not only does it form our investment thesis around the asset, but it also influences our valuation methods. Do we extrapolate its potential price using the size of the gold market? The payments universe? Transaction fees? Something else entirely? Story continues So, faced with such a slippery narrative, we look to correlations to tell the story. If it’s highly correlated with gold, then the market views it as a safe haven. If it’s more closely correlated to the S&P 500, then it’s a risk-on investment. If bitcoin’s correlation to the dollar index plummets, then it’s a hedge. Related: Bitcoin’s Jump to $10.7K Ends 10-Day Sideways Trend We look to the market to tell us what bitcoin’s narrative is. But this creates a feedback loop (Follow gold! Follow Nasdaq!) that helps to perpetuate bitcoin’s momentum-fueled volatility, and which is often thrown off course by the evolving nature of markets. Make it a good one BTC’s 60-day correlation with the S&P 500 has been coming down recently. That must mean it’s no longer a risk-on asset. Its increasing correlation with gold corroborates that, putting BTC back in the safe haven story. But wait. You’ll have heard that BTC has not had a good run over the past few days. You’ll probably also have heard that Tesla has had a particularly bad time this week. I wonder if they’re correlated. What do you know, it looks like BTC’s correlation with TSLA is increasing! BTC **Last 60 Days of Bitcoin's Closing Prices:** [9192.84, 9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-13 **Financial & Commodity Data:** - Gold Closing Price: $1937.80 - Crude Oil Closing Price: $37.33 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $190,815,653,112 - Hash Rate: 139688424.9242865 - Transaction Count: 255110.0 - Unique Addresses: 540351.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.38 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A crypto hedge fund is folding, Silvergate Bank’s bitcoin-collateralized loans surged this quarter and bitcoin futures markets record triple-digit growth. You’re reading Blockchain Bites , the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and all of CoinDesk’s newsletters here . Top shelf Bitcoin ETP Swiss crypto manager FiCAS AG announced what could be the first actively managed bitcoin exchange-traded product (ETP). The firm’s Chairman Mattia Rattaggi said the Bitcoin Capital Active ETP’s portfolio could contain up to 15 altcoins as determined by market capitalization, liquidity and the rules of its host exchange, the SIX Swiss Exchange. Product managers will trade bitcoin against ETH , XRP , BCH , LTC , BNB, EOS , ADA, XLM , XTZ , TRX and exit to Swiss francs, euros and U.S. dollars. Rattaggi said the list could shift based on coin performance. Related: First Mover: Crypto Traders 'Greedy' as Goldman Warns on Dollar De-Funded Cryptocurrency hedge fund Tetras Capital is shutting down and returning investors’ money after quarters of low returns, an anonymous source told CoinDesk. The New York-based fund, founded in 2017, recorded a 75% loss life-to-date. At its height, Tetras managed upwards of $33 million, according to financial filings, with an investment thesis centered around shorting ether and investing in alt-coins. At least 68 crypto hedge funds closed last year internationally, almost double the number – 35 – in 2018, according to a Crypto Fund Research report. SEN’s Zen Silvergate Bank continued to book new cryptocurrency customers in the second quarter while its portfolio of bitcoin-collateralized loans nearly doubled. According to its latest earnings report, the bank’s $1.1 billion traditional loans increased only 0.1% from the first quarter. Bitcoin-collateralized loans through the bank’s SEN Leverage product surged 88% in the same period, to $22.5 million. Tracing Tools LocalBitcoins, a peer-to-peer crypto exchange, has added two Elliptic blockchain-tracing tools, as it continues to become regulatory compliant. The Helsinki-based platform announced Tuesday it will use Elliptic’s Navigator risk analysis tool and Lens wallet screener to crack down on illicit crypto. The platform has been bolstering its anti-money laundering (AML) safeguards in response to the European Union’s AMLD5 and new Finnish business regulations. Recently, LocalBitcoins has suspended cash-for-crypto trading and added mandatory identity verification. Story continues Sustainable Investments Fasset, a fintech company headquartered in the U.K., has launched an Ethereum-based operating system dedicated to the ethical financing of sustainable infrastructure. The system tokenizes investments made in sustainable infrastructure – like solar power plants, wind farms and fiber optic – and makes them tradable among global investors. By moving the entire financing process to the blockchain, the firm intends to improve liquidity in the sustainable infrastructure sector and lower barriers to entry that will enable asset owners to avoid costly middlemen and directly list their assets on exchanges. Quick bites Revolut adds Stellar to its list of supported cryptocurrencies, citing “ overwhelming demand ” An Australian state treasury mulled “flexible” regulatory reform for blockchain Blockchain project Polkadot raises $43 million in a private token sale ( The Block ) Garmin confirms ransomware attack took down services ( TechCrunch ) Big Tech’s power, in four numbers ( Axios ) At stake Related: Blockchain Bites: Ethereum's Lifestyle Brand, Twitch's Crypto Discounts and MakerDAO's $1B Milestone CoinDesk’s Ian Allison recounts memories from the first Devcon, a gathering of Ethereans and other tech developers plotting the future of everything from finance to the internet. This excerpt is part of a series of stories, live-streamed conferences and a limited-run pop-up newsletter CoinDesk has created to celebrate Ethereum’s five year anniversary this week. Ethereum’s Devcon 1, held in London in November 2015, was like Woodstock, except perhaps with less nudity. Bankers and Big 4 consultants disguised in hoodies shared space with dreadlocked Ethereum coders, sitting cross-legged in the corners, their laptops open in front of them. Packed into a Victorian banking hall in the heart of the City of London, the audience listened as ConsenSys chief Joe Lubin predicted a new future for firms; cryptographer Nick Szabo talked about decentralization in the context of Francis Drake and the Aztecs; and chief scientist Vitalik Buterin assembled shards of the path that lay ahead. “The internet kind of sucks,” said Ethereum wallet designer Alex Van de Sande during his opening keynote. “It’s centralized, and it’s broken – but we can fix it this week.” Such was the optimism in the room. Keeping with the Woodstock motif, this moment in time possessed a kind of prelapsarian innocence: The DAO debacle and hard fork decision that followed was at least six months away, and further off still was the ICO gold rush. An earlier confab, Berlin’s Devcon 0, preceded Ethereum’s launch. In London, things were starting to get real. Market intel Bitcoin’s Bounce Bitcoin’s futures trading volume recorded triple-digit growth Monday, as institutions and investors raced into a market primed for a bull run. Aggregate daily futures volume on major exchanges reached $43 billion, the highest single-day volume since March 13, according to data source Skew. Daily trading volume on institutional exchange CME rose 570% to a yearly high of $1.32 billion, Bakkt registered a record volume of $132 million and total open interest for all exchanges rose to $5 billion – the highest since February. Yearly Highs: Bitcoin & Gold Bitcoin’s 13% price jump to 2020 highs of $11,180 on Monday came as the dollar’s value slides. This move was in tandem with gold’s newly set all-time high, both of which are referred to as inflation hedges. Bitcoin is up 57% year to date, more than double the 28% gain this year for gold, while the S&P is flat for the year. “Given gold has just set a new all-time high, and with bitcoin’s correlation to stocks breaking down while being replaced by a strong correlation to gold, we envisage further tests to the upside this coming week,” Diginex wrote in a report. Meanwhile, the U.S. Dollar Currency Index, a gauge of the greenback’s value versus other major currencies, has fallen for seven straight sessions. A weakening dollar “mechanically pushes up the prices of the commodities invoiced in greenbacks,” according to the Wall Street Journal. Tech pod Launchpad Before Launch Ethereum developers have released a “validator launchpad” on the Medalla testnet to educate and prepare future validators as part of a multi-stage roll out of Ethereum 2.0. The transition to a proof-of-stake consensus mechanism, the core component of Eth 2, is designed to improve the system’s scalability. According to an announcement, three phases of the roll out are planned, with the first, phase 0, focusing on the underlying tech behind staking by tracking validators and their balances. The launchpad, which comes before phase 0, will enable validators to track and deposit test stakes on the upcoming Medalla multi-client testnet. Opinion Millennial Moves Matt Luongo, CEO of Thesis, thinks millennials are shaping the future of money. From fashion to tech, a millennial “desire for autonomy and granular choice” is now extending to finance. “For most of the past hundred years, retail finance was dominated by a small number of regional, and later national, institutions. No more: 71% of millennials would change banks based on the quality of an app, and a full third of us say we won’t need a bank at all in the future,” he writes. Podcast corner What Sex Workers Want CoinDesk’s Leigh Cuen and OnlyFans performer Savannah Solo talk about fintech and the sex industry. Who won #CryptoTwitter? Related Stories Blockchain Bites: Bitcoin’s New ETP, Ethereum’s ‘Woodstock Moment’ and Silvergate’s SEN Zen Blockchain Bites: Bitcoin’s New ETP, Ethereum’s ‘Woodstock Moment’ and Silvergate’s SEN Zen View comments... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin rose by 0.54% in the week ending 13thSeptember. Following a 12.39% tumble from the week prior, Bitcoin ended the week at $10,331.0.\nIt was a choppy start to the week. Bitcoin fell to a Monday low $9,913.8 before closing out the day up by 1.18%.\nSteering well clear of the first major support level at $9,445, Bitcoin rose to a Tuesday high $10,464 before hitting reverse.\nThe reversal saw Bitcoin slide to a Tuesday intraweek low $9,882.4 before finding support.\nContinuing to steer clear of the first major support level at $9,445, Bitcoin rallied to a Sunday intraweek high $10,623.0.\nWhile falling well short of the first major resistance level at $11,587, breaking back through to $10,500 levels was key.\n5 days in the green that included a 1.18% gain on Monday and a 1.12% rise on Wednesday delivered the upside. A 2.39% slide on Tuesday and a 1.21% pullback on Sunday limited the upside for the week, however.\nBitcoin would need to avoid a fall back through $10,279 pivot to support a run the first major resistance level at $10,675.\nSupport from the broader market would be needed for Bitcoin to break out from last week’s high $10,623.0.\nBarring an extended crypto rally, the first major resistance level and resistance at $11,000 would likely pin Bitcoin back.\nIn the event of a breakout, Bitcoin could test the second major resistance level at $11,019 and resistance at $11,500 before any pullback.\nFailure to avoid a fall back through the $10,279 pivot would bring the first major support level at $9,935 into play.\nBarring another extended sell-off, Bitcoin should steer clear of sub-$9,500 levels. The second major support level at $9,538 should limit any downside.\nAt the time of writing, Bitcoin was down by 0.46% to $10,283.0. A bearish start to the week saw Bitcoin fall from an early Monday morning high $10,331.9 to a low $10,259.0.\nBitcoin left the major support and resistance levels untested at the start of the week.\nEthereum rose by 3.89% in the week ending 13thSeptember. Partially reversing an 11.04% slide from the previous week, Ethereum ended the week at $366.58.\nIt was a choppy start to the week. Ethereum fell to a Monday intraweek low $323.17 before finding support.\nSteering well clear of the first major support level at $279, Ethereum recovered to end the day up by 0.27%.\nA bearish day on Tuesday, however, saw Ethereum fall back through to sub-$330 levels and into the deep red.\nIn spite of a 4.59% slide on Tuesday, Ethereum continued to steer clear of the major support levels.\nFinding support mid-week, Ethereum rallied to a Sunday intraweek high $390.41 before sliding back.\nWhile falling well short of the first major resistance level at $458, Ethereum broke through the 38.2% FIB of $367. The pullback, however, saw Ethereum fall back through the 38.2% FIB to wrap up the week at $366 levels.\n5-days in the red that included a 4.04% gain on Wednesday and a 4.83% rally on Thursday delivered the upside. A 4.59% fall on Tuesday and a 5.47% slide on Sunday limited the upside for the week, however.\nEthereum would need to move through the $360 pivot and 38.2% FIB of $367 to support a run at the first major resistance level at $397.\nSupport from the broader market would be needed, however, for Ethereum to break out from last week’s high $390.41.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another breakout, Ethereum could test the second major resistance level at $427 before any pullback.\nFailure to move through the $360 pivot would bring the first major support level at $330 into play.\nBarring an extended broader-market sell-off, however, Ethereum should steer clear of sub-$300 levels. The second major support level sits at $293.\nAt the time of writing, Ethereum was down by 1.94% to $359.47. A bearish start to the week saw Ethereum fall from an early Monday morning high $366.58 to a low $355.66.\nEthereum left the major support and resistance levels untested at the start of the week.\nThisarticlewas originally posted on FX Empire\n• Platinum on Top as Gold Consolidates; Crude Remains Under Pressure\n• A Quiet Day ahead of Busy Week Leaves the Majors in the Hands of Geopolitics\n• TikTok to Pursue Partnership with Oracle; Microsoft Proposal Rejected\n• Bitcoin and Ethereum – Weekly Technical Analysis – September 14th, 2020\n• Oil Price Fundamental Weekly Forecast – Oversupply Concerns Join the List of Bearish Factors\n• USD/JPY Fundamental Weekly Forecast – BOJ to Offer More Optimistic View on Economy', 'Bitcoin Bitcoin rose by 0.54% in the week ending 13 th September. Following a 12.39% tumble from the week prior, Bitcoin ended the week at $10,331.0. It was a choppy start to the week. Bitcoin fell to a Monday low $9,913.8 before closing out the day up by 1.18%. Steering well clear of the first major support level at $9,445, Bitcoin rose to a Tuesday high $10,464 before hitting reverse. The reversal saw Bitcoin slide to a Tuesday intraweek low $9,882.4 before finding support. Continuing to steer clear of the first major support level at $9,445, Bitcoin rallied to a Sunday intraweek high $10,623.0. While falling well short of the first major resistance level at $11,587, breaking back through to $10,500 levels was key. 5 days in the green that included a 1.18% gain on Monday and a 1.12% rise on Wednesday delivered the upside. A 2.39% slide on Tuesday and a 1.21% pullback on Sunday limited the upside for the week, however. For the week ahead Bitcoin would need to avoid a fall back through $10,279 pivot to support a run the first major resistance level at $10,675. Support from the broader market would be needed for Bitcoin to break out from last week\x92s high $10,623.0. Barring an extended crypto rally, the first major resistance level and resistance at $11,000 would likely pin Bitcoin back. In the event of a breakout, Bitcoin could test the second major resistance level at $11,019 and resistance at $11,500 before any pullback. Failure to avoid a fall back through the $10,279 pivot would bring the first major support level at $9,935 into play. Barring another extended sell-off, Bitcoin should steer clear of sub-$9,500 levels. The second major support level at $9,538 should limit any downside. At the time of writing, Bitcoin was down by 0.46% to $10,283.0. A bearish start to the week saw Bitcoin fall from an early Monday morning high $10,331.9 to a low $10,259.0. Bitcoin left the major support and resistance levels untested at the start of the week. Story continues Ethereum Ethereum rose by 3.89% in the week ending 13 th September. Partially reversing an 11.04% slide from the previous week, Ethereum ended the week at $366.58. It was a choppy start to the week. Ethereum fell to a Monday intraweek low $323.17 before finding support. Steering well clear of the first major support level at $279, Ethereum recovered to end the day up by 0.27%. A bearish day on Tuesday, however, saw Ethereum fall back through to sub-$330 levels and into the deep red. In spite of a 4.59% slide on Tuesday, Ethereum continued to steer clear of the major support levels. Finding support mid-week, Ethereum rallied to a Sunday intraweek high $390.41 before sliding back. While falling well short of the first major resistance level at $458, Ethereum broke through the 38.2% FIB of $367. The pullback, however, saw Ethereum fall back through the 38.2% FIB to wrap up the week at $366 levels. 5-days in the red that included a 4.04% gain on Wednesday and a 4.83% rally on Thursday delivered the upside. A 4.59% fall on Tuesday and a 5.47% slide on Sunday limited the upside for the week, however. For the week ahead Ethereum would need to move through the $360 pivot and 38.2% FIB of $367 to support a run at the first major resistance level at $397. Support from the broader market would be needed, however, for Ethereum to break out from last week\x92s high $390.41. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another breakout, Ethereum could test the second major resistance level at $427 before any pullback. Failure to move through the $360 pivot would bring the first major support level at $330 into play. Barring an extended broader-market sell-off, however, Ethereum should steer clear of sub-$300 levels. The second major support level sits at $293. At the time of writing, Ethereum was down by 1.94% to $359.47. A bearish start to the week saw Ethereum fall from an early Monday morning high $366.58 to a low $355.66. Ethereum left the major support and resistance levels untested at the start of the week. This article was originally posted on FX Empire More From FXEMPIRE: Platinum on Top as Gold Consolidates; Crude Remains Under Pressure A Quiet Day ahead of Busy Week Leaves the Majors in the Hands of Geopolitics TikTok to Pursue Partnership with Oracle; Microsoft Proposal Rejected Bitcoin and Ethereum \x96 Weekly Technical Analysis \x96 September 14th, 2020 Oil Price Fundamental Weekly Forecast \x96 Oversupply Concerns Join the List of Bearish Factors USD/JPY Fundamental Weekly Forecast \x96 BOJ to Offer More Optimistic View on Economy', 'Bitcoin rose by 0.54% in the week ending 13thSeptember. Following a 12.39% tumble from the week prior, Bitcoin ended the week at $10,331.0.\nIt was a choppy start to the week. Bitcoin fell to a Monday low $9,913.8 before closing out the day up by 1.18%.\nSteering well clear of the first major support level at $9,445, Bitcoin rose to a Tuesday high $10,464 before hitting reverse.\nThe reversal saw Bitcoin slide to a Tuesday intraweek low $9,882.4 before finding support.\nContinuing to steer clear of the first major support level at $9,445, Bitcoin rallied to a Sunday intraweek high $10,623.0.\nWhile falling well short of the first major resistance level at $11,587, breaking back through to $10,500 levels was key.\n5 days in the green that included a 1.18% gain on Monda **Last 60 Days of Bitcoin's Closing Prices:** [9132.23, 9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-14 **Financial & Commodity Data:** - Gold Closing Price: $1953.10 - Crude Oil Closing Price: $37.26 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $189,970,172,344 - Hash Rate: 151760264.11527425 - Transaction Count: 354020.0 - Unique Addresses: 726085.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.39 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin miners are holding more bitcoins than at any point in the past two years as the cryptocurrency continues to trade above $11,000, signalling increased bullishness about future gains. According to wallet addresses tracked byGlassnode, miners are holding a total of more than 1.82 millionbitcoins, setting a two-year high and continuing a noticeable upward trend that began in September 2019. In just the last year, aggregate holdings by miners have increased by roughly 2%, excluding growth from other bitcoin miners not tracked by Glassnode. There are three possible causes for the increase in total bitcoins held by miners: Related:Energy Giant Equinor to Cut Gas Flaring With Bitcoin Mining: Report First, potential optimism that bitcoin’s recent rally will likely continue. • Miners’ holdings data appears to be a bullish signal, according to Thomas Heller, former director at leading mining pool F2Pool, who discussed it with CoinDesk in a private message. Miners seem to feel comfortable holding for a while, he said, possibly in anticipation of a higher price later on. • Miners aren’t the only ones holding more bitcoins, however. The percentage of all bitcoins that have been inactive for at least one year continues to growafter reaching four-year highs in June. Second, the rotation in hardware as miners order, receive and deploy new machines, according to Harry Sudock, vice president of strategy at GRIID, a data center and mining infrastructure company. • This process, which Sudock described as the “hardware cycle,” can take up to six months depending on pricing and order size, he told CoinDesk in a private message. Ultimately, fewer coins need to be sold to cover operational expenses during this retooling period. In addition, with the price of bitcoin so high, relatively few coins need to be sold to pay expenses. • As CoinDesk previously reported, two publicly traded bitcoin companies,Riot BlockchainandMarathon Patent Group, are both in the process of receiving and deploying hundreds of new machines over the next few months as they scale up their mining efforts. • As miners deploy new machines, they also enjoyed a 7% monthly revenue increase in July, according tonetwork dataanalyzed by CoinDesk, thanks to recent price appreciation and increased transaction fees. Last, the total number of coins held by miners has increased as new mining pools accumulate uncharacteristically large amounts of bitcoin. • Most notably, a significant percentage of recent overall growth comes from Lubian.com, a little-known mining pool that was largely inactive until March 2020, whose holdings are nearly on par with F2Pool, a mining pool founded in May 2013. • Over the past few months, the pool’s bitcoin holdings have increased to 9,373 BTC as of Thursday, representing an almost equal percentage gain up from 1 BTC in mid March, according to Glassnode. • The young mining operation controls the tenth-largest amount of the Bitcoin network’s hashrate, according to rankings byBTC.com. • Miners’ Bitcoin Holdings Reach Two-Year High to Almost 2M • Miners’ Bitcoin Holdings Reach Two-Year High to Almost 2M • Miners’ Bitcoin Holdings Reach Two-Year High to Almost 2M... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['The New York Attorney General\x92s office is losing patience with Bitfinex and Tether. NYAG Senior Enforcement Counsel John Castiglione filed a letter Monday ahead of a conference involving the regulator and the two cryptocurrency firms arguing it is time they complied with a 17-month-old document production order detailing financial information within the next two months. For their part, counsel representing the two firms argue the order is too broad and the scope should be limited first. Related: First Mover: Bitcoin Investors the Sane Ones as Federal Reserve Cheers Inflation, Price Nears $11K \x93As of this filing, the 354 Order has been in place for seventeen months. In that time, Respondents have produced \x91jurisdictional\x92 documents (as directed by this Court) but failed to produce the core information called for in the Order. The delays must stop, and Respondents should be directed to comply promptly,\x94 Castiglione said. New York State Supreme Court Justice Joel M. Cohen scheduled the hearing for this Thursday, after receiving a request from the New York Attorney General\x92s (NYAG) office last week complaining that Bitfinex and Tether had yet to turn over any documents. According to Castiglione, the NYAG is requesting all documents be submitted within 60 days and an injunction preventing Tether from loaning funds to Bitfinex be extended a further 90 days. Charles Michael, an attorney with Steptoe and Johnson LLP representing Bitfinex, opposed any extension of the injunction in his own letter. \x93The allegedly concealed facts have been out in the open for 17 months, during which consumers have been free to redeem their tethers without restriction,\x94 he wrote. \x93Instead, they have chosen to buy, with tethers\x92 market cap growing six-fold (to over $14 billion).\x94 Related: NY AG Asks Court for New Order to Make Bitfinex Turn Over Tether Loan Documents In his view, the fact that Tether\x92s market cap has increased this dramatically indicates market confidence in the dollar-pegged cryptocurrency, and negates the justification for the injunction. Story continues \x93Consumers are well protected today, and do not need [the Attorney General\x92s] injunction. The loan transaction supposedly impairing tether \x92s reserves was over 25% of tether\x92s backing at the time of the injunction, but, thanks to Bitfinex\x92s repayments and tether\x92s growth, the balance now is less than 4% of tether\x92s backing,\x94 Michael wrote. He added that tether\x92s assets exceed the amount of USDT issued by $160 million. 17 months It has indeed been a long journey. The case began in April 2019, when the Attorney General\x92s office said Bitfinex had lost access to close to $1 billion in customer funds, and borrowed from Tether\x92s reserves. The stablecoin issuer shares corporate owners and executives with Bitfinex, though in various legal filings counsel for the companies said the loan and a subsequent line of credit were negotiated independently of each other. The NYAG won an injunction preventing Tether from sending any more funds to Bitfinex, and Cohen ordered the firms to share all documentation about the deals, as well as documents about tether issuances, among other concerns. Bitfinex and Tether appealed the ruling, but lost the appeal in July. Earlier this month, the NYAG\x92s office asked to schedule Thursday\x92s conference to request a new production order with a strict timeline. Monday\x92s letter provided more information. The NYAG wants Bitfinex and Tether to produce purchase information for tether, U.S. dollar withdrawal requests, tax documents and account information within one week. Read more: NY AG Asks Court for New Order to Make Bitfinex Turn Over Tether Loan Documents Within a month, the NYAG wants communications about Tether\x92s loans, loans to third parties and a list of U.S. or New York customers who had funds on Crypto Capital, and within 60 days it wants \x93full production\x94 of information related to a November 2018 subpoena, a February 2019 letter and jurisdictional documents. The original production order from 2019 called for the materials to be ready within a month, Castiglione said. \x93Most of the materials called for are core business documents that should exist and be readily accessible: order and trade information, client lists, lists of bank accounts and their balances, tax returns, and other similar material,\x94 the letter said, adding that, \x93the 354 Order is well over a year old and the appeal was decided two months ago.\x94 Michael wrote that some of the requests would require Bitfinex or Tether to \x93generate reports, accountings or answer questions\x94 that do not currently exist. \x91Extensive ties\x92 The NYAG also preemptively stated its opposition to any narrowing of the judge\x92s order, noting that \x93respondents have stated they will move this court\x94 to do so. According to Castiglione, the court\x92s role in the case is limited beyond the orders already signed, and the production demand is well within the NYAG\x92s authority under the Martin Act, the law it\x92s using to conduct its inquiry into Bitfinex. Michael\x92s opposition letter wrote that the court could limit the scope to avoid unduly burdening the respondents, in this case Bitfinex and Tether. The court itself has already said that any \x93unreasonable or not terribly relevant\x94 requests can be opposed. Bitfinex is arguing that a request for all documents about all tether transactions is overbroad. Michael likened it to \x93asking GM for all documents about cars.\x94 The NYAG is also looking for documents outside its jurisdiction, he claimed. In his brief, Michael wrote that the proposed timeline should be denied. Instead, he proposed a 30-day period for the two parties to discuss the scope of the request, saying Bitfinex and Tether would produce documents \x93not subject to dispute\x94 in the meantime. Read more: Tether, Bitfinex File Motion to Dismiss Market Manipulation Lawsuit He seemingly pushed back against the NYAG\x92s claims that insufficient documents have been produced, writing that the crypto firms have produced more than 70,000 documents so far. \x93Bitfinex and Tether also voluntarily produced extensive information to OAG, even while the First Department stay was in effect, including via two multihour presentations and a series of other communications aimed at answering directly the questions OAG indicated it was most interested in having answered,\x94 Michael wrote. He also noted that Bitfinex and Tether announced a ban on all New York customers nearly three years ago. Castiglione, in contrast, wrote that an investigation into Tether and tether is proper, \x93given their [respondents] extensive ties to the state.\x94 In his view, the appeals court\x92s ruling in the NYAG\x92s favor suggested the regulator could find additional information that would reveal further violations of the law. Related Stories New York Attorney General to Bitfinex and Tether: \x91Delays Must Stop\x92 New York Attorney General to Bitfinex and Tether: \x91Delays Must Stop\x92', 'The New York Attorney General’s office is losing patience with Bitfinex and Tether.\nNYAG Senior Enforcement Counsel John Castiglionefiled a letterMonday ahead of a conference involving the regulator and the two cryptocurrency firms arguing it is time they complied with a 17-month-old document production order detailing financial information within the next two months.\nFor their part, counsel representing the two firmsargue the order is too broadand the scope should be limited first.\nRelated:First Mover: Bitcoin Investors the Sane Ones as Federal Reserve Cheers Inflation, Price Nears $11K\n“As of this filing, the 354 Order has been in place for seventeen months. In that time, Respondents have produced ‘jurisdictional’ documents (as directed by this Court) but failed to produce the core information called for in the Order. The delays must stop, and Respondents should be directed to comply promptly,” Castiglione said.\nNew York State Supreme Court Justice Joel M. Cohenscheduled the hearingfor this Thursday, after receiving a request from the New York Attorney General’s (NYAG) office last week complaining thatBitfinexandTetherhad yet to turn over any documents.\nAccording to Castiglione, the NYAG is requesting all documents be submitted within 60 days and an injunction preventing Tether from loaning funds to Bitfinex be extended a further 90 days. Charles Michael, an attorney with Steptoe and Johnson LLP representing Bitfinex, opposed any extension of the injunction in his own letter.\n“The allegedly concealed facts have been out in the open for 17 months, during which consumers have been free to redeem their tethers without restriction,” he wrote. “Instead, they have chosen to buy, with tethers’ market cap growing six-fold (to over $14 billion).”\nRelated:NY AG Asks Court for New Order to Make Bitfinex Turn Over Tether Loan Documents\nIn his view, the fact that Tether’s market cap has increased this dramatically indicates market confidence in the dollar-pegged cryptocurrency, and negates the justification for the injunction.\n“Consumers are well protected today, and do not need [the Attorney General’s] injunction. The loan transaction supposedly impairingtether’s reserves was over 25% of tether’s backing at the time of the injunction, but, thanks to Bitfinex’s repayments and tether’s growth, the balance now is less than 4% of tether’s backing,” Michael wrote.\nHe added that tether’s assets exceed the amount of USDT issued by $160 million.\nIt has indeed been a long journey. The case began in April 2019, when the Attorney General’s office said Bitfinex had lost access to close to $1 billion in customer funds, and borrowed from Tether’s reserves. The stablecoin issuer shares corporate owners and executives with Bitfinex, though in various legal filings counsel for the companies said the loan and a subsequent line of credit were **Last 60 Days of Bitcoin's Closing Prices:** [9151.39, 9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-15 **Financial & Commodity Data:** - Gold Closing Price: $1956.30 - Crude Oil Closing Price: $38.28 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $189,970,172,344 - Hash Rate: 134514779.55672038 - Transaction Count: 332957.0 - Unique Addresses: 718787.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.47 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: As bitcoin passes ,000 for the first time in months, the conversation around crypto is heating up again. The biggest crypto haters are now getting in on the action, most famously JPMorgan CEO Jamie Dimon. Ether, the Pepsi to bitcoin’s Coca-Cola , came into its own as a separate, distinct and viable long term investment. Many investors are beginning to view cryptocurrency as more than a short term speculation play or a portfolio hedge. There is evidence that the major cryptocurrencies are being used as a play against the falling U.S. dollar. News of Bitcoin’s new highs came at around the same time as headlines of dollar debasement During the first mania in December 2017, bitcoin peaked at almost $20,000. Total market capitalization tripled from approximately $250 billion to $750 billion and barged into the mainstream public consciousness. Unfortunately for some traders, the market sold off just as quickly as it had pumped itself up. The total market cap for the crypto market Why Crypto is Here to Stay This Time Professional analysts don’t believe that crypto will give back its gains so quickly this time. I tend to agree. The major difference between 2017 and 2020 is crypto’s ease of access. When I first bought crypto circa 2015, it was a real David Hasselhoff. The exchange I used, Coinbase, was clunky, slow and illiquid. I was so frustrated with my experience there that I immediately moved my crypto into a private wallet and didn’t buy again for a time. Moving my coins into an off exchange wallet was an experience as well. I remember downloading the entire blockchain to my computer because there were few trustworthy light wallets, and even less information actually explaining what that meant. I bought a separate computer just for my bitcoin. I tried my best to learn hashes and forks. I remember thinking I was a financial genius for being able to capture and claim my Bitcoin Cash. It was a challenge for me! Story continues Today, Coinbase is a much better experience than I remember, and so are many other exchanges. I now have three wallets that are not only easy to use, but are actually fun to use. Fees have been reduced. Trading coins against each other is more like a video game. It is easy to switch coins. You can move in real time, fast enough to catch short term moves. I can basically trade my crypto just like I trade my securities. What’s more, the “establishment” has bought in. The Chicago Mercantile Exchange (CME) now offers futures contracts on bitcoin . Banks fought for and received the right to hold crypto quite recently. Pop singer Akon is building an entire city in Senegal based around his own coin, the Akoin. Megacompanies like Facebook and countries like Russia are now trying to create crypto rather than kill it. Regardless of which coins pass the test of time, digital currency has legs. It is here to stay. All the market has to do is attract people in. When it comes to easy access in the crypto market, few platforms give you an easier time than eToro. eToro deals in contracts for differences (CFDs) that serve as proxies for top cryptocurrencies . What’s the difference? When you buy or sell a CFD, you actually never own the crypto. But since the price of the contract is tagged to the price of the coin, you do benefit from good trades and suffer losses for bad ones. CFDs Versus Crypto So what are the benefits of trading CFDs rather than “real” crypto? First, you are trading on a highly liquid platform with easy entries and exits. Many crypto exchanges suffer from illiquidity and volatile price shifts. You also gain the safety of trading within the auspices of a regulated broker. eToro is regulated through many well known financial authorities including the Cyprus Securities and Exchange Commission (CySEC), the UK’s Financial Conduct Authority and holds as Australian Financial Services License. Second, you don’t have to worry about actually buying crypto, which can still be a hassle. Governments are doing their best to regulate crypto, and they are clamping down on the exchanges — the onboard ramps. As a result, you have to go through a bureaucracy of sorts to legitimately enter the market. You lose your anonymity, which was the first major advantage of using crypto in the first place. Third, you can easily trade crypto using leverage. Your limit on eToro is 2X when you trade cryptocurrencies. Getting in on the Game As it was in 2017, bitcoin is the number one performing asset class in 2020. This time, society may actually be ready to embrace it. If you are looking for a quick way to get in the market without learning all of the nuances of crypto, eToro CFDs can help. See more from Benzinga Playing the Playing Field: Using the Put/Call Ratio to Grab Market Gains Should You Self Direct Your IRA? Futures vs. Options: Your Plan for the Pandemic © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): [['u/yankee_rose', 'I have some bitcoin on a ledger I would like to sell for fiat. How do I do this?', 15, '2020-09-15 04:26', 'https://www.reddit.com/r/BitcoinBeginners/comments/iszt07/i_have_some_bitcoin_on_a_ledger_i_would_like_to/', "DO I just send to binance sell for fiat and withdraw to my bank account? (I'm in USA)\n\nI know this is probably super basic but for some reason I can't find solid info or I'm just confused.\n\nThanks!", 'https://www.reddit.com/r/BitcoinBeginners/comments/iszt07/i_have_some_bitcoin_on_a_ledger_i_would_like_to/', 'iszt07', [['u/TPK001', 29, '2020-09-15 04:48', 'https://www.reddit.com/r/BitcoinBeginners/comments/iszt07/i_have_some_bitcoin_on_a_ledger_i_would_like_to/g5bgg07/', "Easiest way would be to use an exchange where you have already set things up. In your case, sounds like Binance.\n\nYou'll have to deposit the bitcoin at the exchange account (Binance) controlled by you.... \n\na) Log into your Binance account, to get the deposit address for Bitcoin.\n\nb) When you transfer, compare the address you got from Binance to what will be generated on your hardware device. Depending on network congestion and the fees you choose when transferring may take a couple of hours or more for your balance to be available at Binance. \n\nYou must be inundated by Private Messages by now, with offers to help. Ignore everything, including premiums to buy.", 'iszt07'], ['u/parrire', 13, '2020-09-15 05:02', 'https://www.reddit.com/r/BitcoinBeginners/comments/iszt07/i_have_some_bitcoin_on_a_ledger_i_would_like_to/g5bhugk/', 'Yeah. Don’t listen to DMs this is basic enough to understand out in the open.', 'iszt07'], ['u/OgunX', 10, '2020-09-15 05:55', 'https://www.reddit.com/r/BitcoinBeginners/comments/iszt07/i_have_some_bitcoin_on_a_ledger_i_would_like_to/g5bn1ou/', "don't forget about uncle sam!", 'iszt07']]], ['u/[deleted]', "China Blames Twitter Hack After Ambassador 'Liked' Foot Fetish Porn Tweet", 39, '2020-09-15 04:42', 'https://www.reddit.com/r/FootFetishTalks/comments/it02bi/china_blames_twitter_hack_after_ambassador_liked/', 'Check out my profile page: allpleasurenopain 🤗\n\n- China\'s U.K. embassy has suggested its ambassador\'s Twitter account was hacked after it \'liked\' a foot fetish tweet this week. Diplomatic officials have now called for an investigation into the incident, claiming posts that appeared to have been clicked by its ambassador Liu Xiaoming were the work of "anti-China elements" that used "despicable methods to deceive the public." \n\nScreenshots of the offending Twitter posts, which have since been unliked, have spread on the site over the past day after being shared by a human rights campaigner.\n\nAlongside the adult content, a second post that showed up as \'liked\' included an image taken from drone footage allegedly showing blindfolded Uighur Muslims.\n\nAnother, which included the terms "Free Hong Kong" and "Free the Uighurs," accused China of murdering its own citizens "without condemnation by the world."\n\nSome Twitter users who claimed to have scoured Lui\'s likes on the platform suggested the U.K. ambassador\'s account had a long history of \'liking\' unexpected content\n\n As social media chatter about the incident mounted, China\'s U.K. embassy released a statement denying the likes were by Liu, and urged the public not to speculate.\n\n"Recently, some anti-China elements viciously attacked Ambassador Liu Xiaoming\'s Twitter account and employed despicable methods to deceive the public," it said.\n\n"The Chinese Embassy strongly condemns such abominable behavior. The Embassy has reported this to Twitter company and urged the latter to make thorough investigations and handle this matter seriously. The Embassy reserves the right to take further actions and hope that the public will not believe or spread such rumor."\n\nTwitter, which remains banned in China but is used by select government officials, has declined to comment about the possibility the account was hacked. It\'s possible to use the \'like\' feature to bookmark posts, and can also be tapped by mistake.\n\nIn July, the social network was successfully targeted by bitcoin scammers who were able to compromise high-profile accounts including Elon Musk and Bill Gates.\n\nAccording to its bio, Liu\'s account was created in October last year. It currently shows he has liked two posts, from 2019. The profile that originally posted the adult content remains active. Roughly translated, it\'s bio reads: "Beautiful legs in stockings."\n\nDespite overwhelming evidence, information leaks and first-person accounts of trauma, the Chinese government has repeatedly denied detaining vast numbers of people inside high-security facilities against their will in the western region of Xinjiang.\n\nThe U.K. ambassador previously defended his country\'s human rights record during an interview with the BBC back in July, asserting that the Uighur people live in "peaceful and harmonious coexistence with other ethnic groups.\n\nWhen confronted with evidence at the time, including a testimony from a woman who said she had suffered forced sterilization, Liu blamed "anti-China elements."\n\nAfter the embassy statement was released, the diplomat did not directly mention the incident but tweeted a proverb: "A good anvil does not fear the hammer." His post has attracted hundreds of responses—including many pictures and videos of feet.', 'https://www.reddit.com/r/FootFetishTalks/comments/it02bi/china_blames_twitter_hack_after_ambassador_liked/', 'it02bi', [['u/goawayjose22', 40, '2020-09-15 04:48', 'https://www.reddit.com/r/FootFetishTalks/comments/it02bi/china_blames_twitter_hack_after_ambassador_liked/g5bgeam/', '>His post has attracted hundreds of responses—including many pictures and videos of feet.\n\nThis was just 4-D chess to get free feet pics', 'it02bi'], ['u/GamerGuy1191', 23, '2020-09-15 05:53', 'https://www.reddit.com/r/FootFetishTalks/comments/it02bi/china_blames_twitter_hack_after_ambassador_liked/g5bmshm/', 'HA! Someone forgot to switch to their anonymous foot account', 'it02bi'], ['u/solesoul555', 15, '2020-09-15 06:13', 'https://www.reddit.com/r/FootFetishTalks/comments/it02bi/china_blames_twitter_hack_after_ambassador_liked/g5bondm/', '"A good footboy does not fear the trample"', 'it02bi']]], ['u/Enix1993', 'R/sportsbook survey', 167, '2020-09-15 05:53', 'https://www.reddit.com/r/sportsbook/comments/it16by/rsportsbook_survey/', "Good evening my fellow degenerates.\n\nTwo years ago there was a sportsbook survey that I stumbled upon. You can find the results [**Here**](https://docs.google.com/forms/d/e/1FAIpQLSeSat-Cf--obpkDr9FZ8kTk32f6Y2wABzryGVmL551-zUo63Q/viewanalytics) . I think these results gave a decent idea of the users here, and I figured it'd be good to get an update on that.\n\nIf you would like to fill out the survey, the link is [**Here**](https://docs.google.com/forms/d/e/1FAIpQLSe30hx0mSz5YBCwTNquW5fbgfDk4ks0MzhlXKf2HzwyAPJ4yQ/viewform?usp=sf_link)\n\nLast time there were 500 respondents, so if we can get to that number, that'd be sick. This is my first survey I've ever created, so if there's any issues, feel free to let me know.\n\nAlso, please do upvote this for ~~my karma~~ so this stays relevant for r/sportsbook . I will share the results at the end of this week, just in time for Sunday football :)\n\n**EDIT:**\n\nSo I've made a few edits. In order to see the nice data sets, you can't have it as short answer. Otherwise, it's a wall of text to sift through. I can make it a piechart into google forms, but even then, due to the uniqueness of answers, it's a wide array of colors. I still have all the individual answers shown, but it's about 30 differnet colors in one chart.\n\nInstead, I've made it another multiple choice, with the top answers being the first four choices & then the option of other. So, without further ado, here are your finalists.\n\nFor the sports team / player that gives most grief this gives us : Rockets (by a wide margin lol), Cowboys, Clippers, & 76ers. (Flyers, Arsenal, Titans, Colts, Falcons, Islanders all have 3)\n\nFor the Capper question : We have Bob, Chasingpayments, YBK, Sidekick, Myself, and None.\n\nFor the Sportsbook question: Bovada, Draftkings, Fanduel, Personal bookie, bet365\n\nI still have the array of colors, but hopefully this makes it look a little cleaner. Regardless, you can still see the individual answers if you hover over the graph.\n\nAs of right now, we are currently sitting at **1000 responses**! This community has truly grown. Some of my favorite answers are : Meat popsicle for gender, Jarrett Culver not staying home for grief, and Jameis Winston & has bad eye sight.\n\nLastly, I will also give the spreadsheet that I exported it to so we can all view.\n\nThanks again for everyone's participation\n\nOne last edit : As per the 36 responses, here is the link to my bitcoin wallet [**Here**](https://www.youtube.com/watch?v=oHg5SJYRHA0&ab_channel=cotter548)", 'https://www.reddit.com/r/sportsbook/comments/it16by/rsportsbook_survey/', 'it16by', [['u/Enix1993', 16, '2020-09-15 07:06', 'https://www.reddit.com/r/sportsbook/comments/it16by/rsportsbook_survey/g5bt7dd/', "Already @ 15 responses in an hour. Let's keep it up, and thanks guys! (Yes, all males so far =) )\n\nEdit : Apologies for the lack of proofreading, was watching the Broncos game lol. Thanks for submitting that as a response, anonymous! I've corrected my mistakes.", 'it16by'], ['u/titosvodkasblows', 23, '2020-09-15 07:17', 'https://www.reddit.com/r/sportsbook/comments/it16by/rsportsbook_survey/g5bu45i/', "A few answers in the original survey kinda amused me.\n\nThe unit sizes being so low. I am less shocked when I look at age, though. I am sure there is a very direct relationship between age and bet size, for obvious reasons.\n\nTennis was like the 9th most popular sport to bet on yet but was the 6th most frustrating to people. Keep going to the well, huh?\n... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['The major Asian stock indexes are trading mixed early in the session on Wednesday as investors awaited the Federal Reserve’s view on the economy at the end of its policy meeting, although upbeat Chinese and U.S. economic data is giving the indexes a tailwind. Global equities markets rallied on Tuesday, first on data that showed China’s industrial output and retail sales picked up, and later on an increase in U.S. factory production. At 01:34 GMT, Japan’s Nikkei 225 Index is trading 23425.55, down 29.34 or -0.13%. Hong Kong’s Hang Seng Index is at 24732.76, unchanged and South Korea’s KOSPI Index is trading 2439.21, down 4.37 or -0.18%. In China, the Shanghai Index is trading 3294.96, down 0.72 or -0.02% and in Australia, the S&P/ASX 200 Index is at 5939.60, up 44.80 or +0.76%. Nikkei Struggles after Japan Exports Tumble Japan’s exports slumped 14.8% in August from a year earlier, down for the 21 st straight month, Ministry of Finance data showed on Wednesday, underlining the coronavirus pandemic’s heavy hit to global demand. That compared with a 16.1% decline expected by economists in a Reuters poll and followed a 19.2% fall in July. Imports dropped 20.8% in the year to August, compared with the median estimate of an 18.0% decline. The trade balance came to a surplus of 248.3 billion Japanese Yen ($2.36 billion), against the median estimate of a 37.5 billion Japanese Yen deficit. Australia Shares Rise on Miners, Tech Boost Australian shares gained on Wednesday as miners rallied for a third straight session and tech stocks tracked their Wall Street peers higher, with investors hoping that the U.S. Federal Reserve will stick to its supportive policy stance. The tech index added as much as 2.5% to be the top percentage gainer after its U.S. counterpart ended more than 1% higher overnight, while export-reliant miners were the biggest boost to the benchmark index. Miners began their jump this week after upbeat Chinese data on Tuesday, with global giants BHP Group and Rio Tinto gaining 1.6% and 2%, respectively. Apple Supplier Shares Mixed Apple supplier stocks in the region were mixed in the Wednesday morning trade. Apple Inc retraced earlier gains after its product event, which included the roll-out of a new virtual fitness service and a bundle of its subscriptions into Apple One. The stock, which often dips after a run-up prior to the event, closed up 0.2%. This was well off its intra-day high. In Japan, shares of Apple supplier Murata Manufacturin g rose 0.26% while Sharp gained 0.3%. South Korea’s LG Display, on the other hand, slipped 0.62%. Story continues For a look at all of today’s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: DraftKings Breaks Out To New High Bitcoin Breakout While Ethereum Consolidates Gold Price Forecast – Gold Markets Run Into Resistance Crude Oil Price Update – Best Case Scenario for Bulls Targets $40.72 Gold Price Prediction – Prices Edge Higher on Higher Import Prices European Equities: U.S Retail Sales, the FED, and Geopolitics in Focus View comments', 'The major Asian stock indexes are trading mixed early in the session on Wednesday as investors awaited the Federal Reserve’s view on the economy at the end of its policy meeting, although upbeat Chinese and U.S. economic data is giving the indexes a tailwind.\nGlobal equities markets rallied on Tuesday, first on data that showed China’s industrial output and retail sales picked up, and later on an increase in U.S. factory production.\nAt 01:34 GMT,Japan’s Nikkei 225 Indexis trading 23425.55, down 29.34 or -0.13%. Hong Kong’s Hang Seng Index is at 24732.76, unchanged and South Korea’s KOSPI Index is trading 2439.21, down 4.37 or -0.18%.\nIn China, the Shanghai Index is trading 3294.96, down 0.72 or -0.02% and in Australia, the S&P/ASX 200 Index is at 5939.60, up 44.80 or +0.76%.\nJapan’s exportsslumped 14.8% in August from a year earlier, down for the 21ststraight month, Ministry of Finance data showed on Wednesday, underlining the coronavirus pandemic’s heavy hit to global demand. That compared with a 16.1% decline expected by economists in a Reuters poll and followed a 19.2% fall in July.\nImports dropped 20.8% in the year to August, compared with the median estimate of an 18.0% decline.\nThe trade balance came to a surplus of 248.3 billion Japanese Yen ($2.36 billion), against the median estimate of a 37.5 billion Japanese Yen deficit.\nAustralian shares gained on Wednesday as miners rallied for a third straight session and tech stocks tracked their Wall Street peers higher, with investors hoping that the U.S. Federal Reserve will stick to its supportive policy stance.\nThe tech index added as much as 2.5% to be the top percentage gainer after its U.S. counterpart ended more than 1% higher overnight, while export-reliant miners were the biggest boost to the benchmark index.\nMiners began their jump this week after upbeat Chinese data on Tuesday, with global giants BHP Group and Rio Tinto gaining 1.6% and 2%, respectively.\nApplesupplier stocks in the region were mixed in the Wednesday morning trade. Apple Inc retraced earlier gains after its product event, which included the roll-out of a new virtual fitness service and a bundle of its subscriptions into Apple One. The stock, which often dips after a run-up prior to the event, closed up 0.2%. This was well off its intra-day high.\nIn Japan, shares of Apple supplierMurata Manufacturing rose 0.26% whileSharpgained 0.3%. South Korea’s LG Display, on the other hand, slipped 0.62%.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• DraftKings Breaks Out To New High\n• Bitcoin Breakout While Ethereum Consolidates\n• Gold Price Forecast – Gold Markets Run Into Resistance\n• Crude Oil Price Update – Best Case Scenario for Bulls Targets $40.72\n• Gold Price Prediction – Prices Edge Higher on Higher Import Prices\n• European Equities: U.S Retail Sales, the FED, and Geopolitics in Focus', 'Dollar volume on the OTCQX Market rose roughly 8.6% in August from July, with much of that increase coming from heightened trading activity in a select number of industries. Of the top 30 most actively traded securities on the OTCQX Market last month, the names with the greatest month-over-month increases in volume all fit into three buckets: cannabis, crypto, and gold. North and South American mining company GoldMining Inc. (OTCQX: GLDLF ) experienced the greatest increase from July to August, as dollar volume rose 344%. Grayscale Digital Large Cap Fund LLC (OTCQX: GDLC ) followed with a 312% monthly increase, while Trulieve Cannabis Corporation (OTCQX: TCNNF ) and Green Thumb Industries Inc. (OTCQX: GTBIF ) increased 163% and 112% respectively. The pattern is hardly a surprise. In an industry buoyed by the fact that many dispensaries were allowed to remain open during quarantine, Trulieve and Green Thumb have been among the best-performing cannabis companies this year. Both companies have seen their shares rise over 300% from the bottom in mid-March. And with the major indexes rising to new all-time highs in the midst of a global pandemic, some investors have sought alternatives to U.S. equities\x97such as gold and cryptocurrencies. Along with GLDC, the Grayscale Bitcoin Trust (OTCQX: GBTC ) and Grayscale Ethereum Classic Trust (OTCQX: ETCG ) also saw dollar volume rise 31% and 45% respectively during the month. In all, two of the top three most actively traded securities on OTCQX in July were crypto-related securities from Grayscale, and five of the top 10 are involved in cannabis. The list of the top 10 most active securities for the OTCQX Market is below. Cannabis companies are denoted with an asterisk. Company Name Symbol Country August Dollar Volume Grayscale Bitcoin Trust (BTC) GBTC USA $1,862,222,369 Roche Holding Ltd RHHBY Switzerland $786,638,197 Grayscale Ethereum Trust (ETH) ETHE USA $326,284,216 Trulieve Cannabis Corporation* TCNNF USA $249,800,502 Green Thumb Industries Inc.* GTBIF USA $176,435,346 Curaleaf Holdings Inc.* CURLF USA $150,124,518 Planet 13 Holdings Inc.* PLNHF USA $132,887,119 Danone DANOY France $130,110,712 Cresco Labs Inc.* CRLBF USA $104,266,908 adidas AG ADDYY Germany $93,108,125 OTCQB On the OTCQB Venture Market, DSG Global Inc (OTCQB: DSGT ), GreenPower Motor Company Inc . (OTCQB: GPVRF ),\xa0and Galaxy Next Generation, Inc. (OTCQB: GAXY ) experienced the greatest month-over-month dollar volume increases. Story continues The list of the top 10 most active securities for the OTCQB Market is below. Company Name Symbol Country August Dollar Volume CytoDyn Inc. CYDY USA $476,197,034 Galaxy Next Generation, Inc. GAXY USA $213,694,808 Fannie Mae FNMA USA $135,240,459 GreenPower Motor Company Inc. GPVRF Canada $97,849,334 Freddie Mac FMCC USA $65,519,497 Humanigen, Inc. HGEN USA $60,266,131 TOMI Environmental Solutions, Inc. TOMZ USA $52,399,841 TPT Global Tech, Inc. TPTW USA $45,060,406 Vystar Corp. VYST USA $44,068,244 NaturalShrimp Incorporated SHMP USA $43,775,621 See more from Benzinga 2 Conferences Are Going Virtual This Month \x96 One On Cannabis And Another Life Sciences Trading Volume Continues To Increase For A Pair Of Leveraged Oil & Energy ETNs The Pandemic Is Contributing To Financial Scams, And Generation Z Is Especially Vulnerable © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. View comments', 'Dollar volume on the OTCQX Market rose roughly 8.6% in August from July, with much of that increase coming from heightened trading activity in a select number of industries.\nOf the top 30 most actively traded securities on the OTCQX Market last month, the names with the greatest month-over-month increases in volume all fit into three buckets: cannabis, crypto, and gold.\nNorth and South American mining companyGoldMining Inc.(OTCQX:GLDLF) experienced the greatest increase from July **Last 60 Days of Bitcoin's Closing Prices:** [9159.04, 9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-16 **Financial & Commodity Data:** - Gold Closing Price: $1960.20 - Crude Oil Closing Price: $40.16 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $199,701,247,500 - Hash Rate: 133652505.32879265 - Transaction Count: 342609.0 - Unique Addresses: 747111.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.43 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Mongolian authorities have put the kibosh on cheap electricity for crypto miners, Venezuela is seeing healthy crypto use outside government-approved exchanges and a “critical bug” has left 13% of Ethereum nodes useless. You’re readingBlockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and all of CoinDesk’snewsletters here. Bakkt’s back?Growing institutional interest ishelping to drive a recent spike in volumeon Bakkt, according to its president, Adam White. Trading volumes for physically settledbitcoinfutures on Bakkt rose to $134 million on Tuesday from a previous high of $132 million on July 28, Muyao Shen reports. Physically settled means buyers receive tokens at expiration instead of cash. “It’s not a bet on the price of bitcoin,” White said. “It doesn’t rely on an index price created from unregulated spot markets that are self-reporting their data.” Despite the recent surge, Bakkt still lags behind CME Group, a bigger, U.S.-regulated exchange. Data shows the aggregated daily volumes of bitcoin futures on Bakkt and the CME were at $279 million and $1.5 billion, respectively, on Monday. Related:First Mover: Huobi Takes on OKEx in Futures, Opening New Front in 'Chinese' Rivalry Mongolian mining moratorium?Over20 bitcoin mining farms in China’s Inner Mongolia have been stripped of electricity perksafter a clampdown by the local government. A document issued by the Department of Industrial and Information Technology of the Inner Mongolia Autonomous Region on Aug. 24, shows the government agency suspended electricity discounts provided by the state-owned regional energy trading firm, following onsite inspections that found many supposed data centers were actually bitcoin mining facilities. With the policy change, electricity costs could reach 0.38 yuan per kWh ($0.054), up from 0.26–0.28 yuan per kWh ($0.037 to $0.040), CoinDesk’s Wolfie Zhou reports. Venezuela’s crypto economyA new Chainalysis report focused on Latin America foundVenezuela ranks third in the world for crypto adoption,behind Ukraine and Russia. Venezuela has adopted a crypto-friendly attitude amid crippling sanctions and hyperinflation, though most retail usage is happening through peer-to-peer marketplaces, not government-approved exchanges. State-owned Criptolago, one of only seven exchanges with government approval, saw $380,000 in dollar-adjusted volume over the last year compared to LocalBitcoins’ $242 million over the same period. Client centralizationA “critical bug” has left13% of Ethereum nodesuseless, and it could take weeks or months to fix. Parity-Ethereum and OpenEthereum versions 2.7 and later contain a bug that stops nodes from syncing with the $43 billion network’s latest block. Clients are  different programming language implementations of blockchain software, a  way to strengthen the network by having concurrent yet separate systems running. This bug has highlighted the issue of client centralization, as Ethereum Foundation-backed Geth client now supports some 80% of the Ethereum network, CoinDesk’s Will Foxley reports. Wild predictionsTyler and Cameron Winklevoss, early crypto investors and founders of Gemini,believe weakness in the U.S. financial system and other factors mean bitcoin could one day reach $500,000per coin. In a post on the Winklevoss Capital blog Thursday, the two set out outlined “fundamental problems” with gold, oil, and the U.S. dollar as stores of value. “Even before COVID-19, and despite the longest bull run in U.S. economic history, the government was spending money like a drunken sailor, cutting taxes like Crazy Eddie, and printing money like a banana republic,” the brothers write. They recently met with prominent day-trader Dave Portnoy and told him gold could be devalued if figures like Elon Musk begin gold mining asteroids. • WhistleblowerKidnapped in UkraineAfter Accusing Crypto Firm of Exit Scam (Anna Baydakova/CoinDesk) • YouTube’sWhac-a-Mole Approach to Crypto ScamAds Remains a Problem (Ben Powers/CoinDesk) • US Files Suit AgainstCrypto Accounts Tied to North Korea(Danny Nelson/CoinDesk) • Tesla’s Gigafactory hit by Failed HackWanting BitcoinRansom (Shaurya Malwa/Decrypt) • When ETF? A new bitcoin fund tied to Fidelity could be thenext best thing(Frank Chaparro/The Block) Related:Money Reimagined: From COVID Generation to Crypto Generation Mined hordesBitcoin miners areholding more bitcoins than at any point in the past two years. This could signal increased bullishness about future gains, CoinDesk’s Zack Voell said. Miners are holding more than 1.82 million bitcoins, an increase of roughly 2% in the last year, according to data from Glassnode. In fact, this is part of a larger trend, where the percentage of all inactive bitcoin (meaning it hasn’t been traded or cashed in) hit a four-year high last spring. Thomas Heller, former director at leading mining pool F2Pool, said this was a bullish indicator, as it appears holders may be anticipating a higher price. To be sure, no one is clairvoyant, but we’re talking about market sentiment. But there is another technical reason miners, in particular, may be holding: mining factories are in a cycle of deploying newer mining machines. This phase in the “hardware cycle” means operation expenses have decreased, and therefore, so has the number of bitcoin sold to cover those expenses,  Harry Sudock, vice president of strategy at GRIID, said. Presumably, costs would have spiked months ago, when miners were ordering the machines now being deployed. As miners deploy new machines, they also enjoyed a 7% monthly revenue increase in July, according to network data analyzed by CoinDesk, thanks to recent price appreciation and increased transaction fees. Live Webinar: What to Expect When Phase 0 LaunchesEthereum, the world’s second-largest cryptocurrency by market capitalization, is expected to undergo a radical system-wide upgrade to improve network scalability and efficiency this by early next year.Join CoinDesk Research on Sept. 10 at 1:30 p.m. ETfor a live discussion as we examine the potential market impacts of the launch of what’s known as Ethereum 2.0. Due to its sheer complexity, Ethereum 2.0 will be rolled out in several phases starting with Phase 0. Don’t miss the opportunity to understand the risks, benefits and predictions for the next phase of this technology. Hedges growBitcoin and gold arereversing losses seen on Thursday after the Federal Reserve’s announcement of a more relaxed approach to tackling inflationsent a tremor across the markets. Bitcoin rebounded back above $11,450 on Friday, erasing nearly 70% of the decline from $11,594 to $11,141 yesterday. Gold, too, has risen back to $1,960, having dropped to $1,910 after the event. “Powell’s speech suggests that there is no end in sight [for the Fed’s easy money policy],” John Kramer, trader at GSR, said. Put simply, Powell’s speech looks to have strengthened bitcoin’s long-term bullish case, CoinDesk’s Omkar Godbole reports. WabiSabi lobbyPrivacy-focusedBitcoin software wallet Wasabi is working on a new protocol design, dubbed WabiSabi, to improve the user experience and privacyof the wallet’s CoinJoin transactions, CoinDesk tech reporter Colin Harper reports. The major design change would allow users to coinjoin with different values than their peers, a first for the technology, reduce the role of a centralized coordinator and potentially enable CoinJoin sends to other users. This process would operate in the background if it runs the way Wasabi envisions it, opening up the possibility to make “every spend a CoinJoin.” Fee-lessUSD Coin (USDC) hasintegrated “meta transactions” to the stablecoin platform to eliminate feespaid to the Ethereum blockchain when sending money around. “This enables people to fund their non-custodial wallets withUSDCand start using DeFi/dapps without also having to ownETH,” Coinbase developer Peter Jihoon Kim said. Adopted as part of a protocol update, USDC 2.0, the Centre Consortium also announced a new on-chain signature system, CoinDesk’s Will Foxley reports. Founded by Coinbase and Circle, USDC is the second-largest stablecoin by market cap at $1.4 billion. Tech over lawsShiv Malik, co-founder of the Intergenerational Foundation think tank and head of growth at Streamr,thinks policies like Europe’s GDPR or Andrew Yang’s “data dividend” are inadequatefor putting users back in control of their data. “[T]here is a way of fighting tech with tech that might also result in changing the underlying economic structures,” he writes, namely through open-source, decentralized protocols. “We shouldn’t demand a tithe, we should take back control of our data.” The BreakdownThe Breakdown presents everything you need to know aboutJerome Powell’s Jackson Hole address. • Blockchain Bites: Winklevoss’ Wild Prediction, Bitcoin Miners’ Horde, Ethereum’s ‘Critical Bug’ • Blockchain Bites: Winklevoss’ Wild Prediction, Bitcoin Miners’ Horde, Ethereum’s ‘Critical Bug’... - Reddit Posts (Sample): [['u/Join_The_Resistance', 'A question for people holding 2 or more Bitcoins...', 20, '2020-09-16 00:29', 'https://www.reddit.com/r/Bitcoin/comments/itj7j5/a_question_for_people_holding_2_or_more_bitcoins/', "Assuming PlanB is correct and Bitcoin overshoots the 100k price target in the upcoming bull run to say 200-250k, what is your opinion on the best strategy?:\n\n1). Hold all your bitcoin and don't sell until 1 million.\n\n2.) Sell a fraction of your portfolio and cash out, dollar cost averaging from 100-250k, and then take a large fraction of that cash and reinvest when the price corrects by 80% back to 50-75k. You then end up with more Bitcoin from the profits for the next cycle.", 'https://www.reddit.com/r/Bitcoin/comments/itj7j5/a_question_for_people_holding_2_or_more_bitcoins/', 'itj7j5', [['u/Mark_Bear', 75, '2020-09-16 00:41', 'https://www.reddit.com/r/Bitcoin/comments/itj7j5/a_question_for_people_holding_2_or_more_bitcoins/g5eurbq/', "You own Bitcoin, which is doing well while the fiat currency is collapsing. \n\nSo you decide to exchange your wonderful Bitcoin for shit-money? That doesn't make sense. \n\nInstead, I offer this alternative... Bitcoin goes to $200K+, buy a nice home and pay for it with Bitcoin, buy a nicer car and pay for it with Bitcoin. Buy a new toaster, pay with Bitcoin via Lightning Network (for example). Help people who deserve it - by giving them Bitcoin.", 'itj7j5'], ['u/paperraincoat', 22, '2020-09-16 01:03', 'https://www.reddit.com/r/Bitcoin/comments/itj7j5/a_question_for_people_holding_2_or_more_bitcoins/g5ex6sk/', "Don't trade, just buy some Bitcoin, ignore the 'this is totally a Bitcoin killer' altcoin du jour, send them over to your hardware wallet, and forget about them. [90%+ of day traders lose money](https://www.quora.com/Do-90-of-day-traders-lose-money-because-I-have-been-trading-for-only-a-short-period-of-time-and-my-principal-has-increased-by-30-so-is-this-simply-beginners-luck), and the more trades you make, the quicker you lose your principal. \n\n\nBuy and hodl. Bitcoin has averaged over 100% profit per year over eight years while the stock market averages 8% over a hundred years. If 100% isn't enough profit, you need to ease up on the stimulants.", 'itj7j5'], ['u/sreaka', 16, '2020-09-16 02:09', 'https://www.reddit.com/r/Bitcoin/comments/itj7j5/a_question_for_people_holding_2_or_more_bitcoins/g5f48em/', 'That would be a better question for OP. "Sell for Fiat or wait until you can buy anything with Bitcoin?"', 'itj7j5'], ['u/Mark_Bear', 10, '2020-09-16 02:26', 'https://www.reddit.com/r/Bitcoin/comments/itj7j5/a_question_for_people_holding_2_or_more_bitcoins/g5f65d2/', 'Debt is for fools. Bitcoin IS money.', 'itj7j5'], ['u/qualitycannabisnw', 13, '2020-09-16 04:53', 'https://www.reddit.com/r/Bitcoin/comments/itj7j5/a_question_for_people_holding_2_or_more_bitcoins/g5fm85c/', 'That’s literally what is going to happen in the next 10 years. The largest wealth transfer in history.', 'itj7j5'], ['u/BeakMeat', 41, '2020-09-16 05:05', 'https://www.reddit.com/r/Bitcoin/comments/itj7j5/a_question_for_people_holding_2_or_more_bitcoins/g5fng0n/', "If I could retire tomorrow by selling part of my bitcoin...\n\nPay off my house...\n\nTell my boss to suck it...\n\nSleep in every day...\n\nDrink fancy beer for breakfast if I wanted to...\n\nNo fucking way I'd hold it all for some future possibility. The quality of life upgrade right now is worth not being Yacht King in 20 years.\n\nBut that's just me.", 'itj7j5']]], ['u/Aids843', 'Coinbase alternative UK? Needs to sell XMR/Monero', 14, '2020-09-16 02:17', 'https://www.reddit.com/r/Monero/comments/itkxpf/coinbase_alternative_uk_needs_to_sell_xmrmonero/', "So I've been using bitcoin for ages and want to start using monero/XMR instead. The thing is, coinbase does not use monero/XMR. \n\n​\n\nI like coinbase because its less hassle than localbitcoins where prices are different and most people make you send photos with you holding your ID in your hand. Its such a chore just to get coin, with coinbase all I do is open the app, pay with card, send to address all in less than 2 minutes. \n\n​\n\nIs there any alternative to coinbase which is hassle free and lets you buy XMR? has to be usable within the UK!", 'https://www.reddit.com/r/Monero/comments/itkxpf/coinbase_alternative_uk_needs_to_sell_xmrmonero/', 'itkxpf', [['u/[deleted]', 13, '2020-09-16 05:27', 'https://www.reddit.com/r/Monero/comments/itkxpf/coinbase_alternative_uk_needs_to_sell_xmrmonero/g5fpt0x/', 'Kraken is better for BTC and XMR. Do you realise how much money you waste on fees for saving a few clicks?\n\nOtherwise just send btc to morphtoken to exchange for xmr', 'itkxpf']]], ['u/guwangxiaozhu', '[H] M4A4 | Howl FT 0.21 [W] 720 keys or $1800 BTC/ETH', 59, '2020-09-16 05:53', 'https://www.reddit.com/r/GlobalOffensiveTrade/comments/itoakn/h_m4a4_howl_ft_021_w_720_keys_or_1800_btceth/', " \n\nb/o 720k\n\n[Image](https://g.fp.ps.netease.com/market/file/5f4e0eee8b7427967acc909cw4qi7UHG02)\n\nSend your offer first and we'll discuss about it.\n\nTradeable after 09/09 7:00 AM\n\n[TradeURL](https://steamcommunity.com/tradeoffer/new/?partner=430829353&token=kQgDYKje)", 'https://www.reddit.com/r/GlobalOffensiveTrade/comments/itoakn/h_m4a4_howl_ft_021_w_720_keys_or_1800_btceth/', 'itoakn', [['u/Sprite91', 18, '2020-09-16 09:15', 'https://www.reddit.com/r/GlobalOffensiveTrade/comments/itoakn/h_m4a4_howl_ft_021_w_720_keys_or_1800_btceth/g5g863d/', "Why did Howl's price incease so much last months? \nLast I checked my Howl was 3k euro in June, now it's like 5k euro... wtf", 'itoakn'], ['u/Navyguy330', 18, '2020-09-16 12:38', 'https://www.reddit.com/r/GlobalOffensiveTrade/comments/itoakn/h_m4a4_howl_ft_021_w_720_keys_or_1800_btceth/g5giys3/', '.16 sell for around 1650 -1700 USD FYI. on non white listed sites. \n\nand even some white listed ones.', 'itoakn']]], ['u/AutoModerator', '[Daily Discussion] Wednesday, September 16, 2020', 39, '2020-09-16 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n**Other ways to interact:**\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/', 'itogl6', [['u/ShotBot', 17, '2020-09-16 08:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5g5ue3/', 'Defi getting fucked in the ass while bitcoin slowly trending up', 'itogl6'], ['u/jogeer', 18, '2020-09-16 09:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5gah1y/', 'That’s surprising, I thought SUSHI, SASHIMI, PIZZA, BURGER & SAKE were solid projects.', 'itogl6'], ['u/_TROLL', 10, '2020-09-16 09:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5gak4u/', 'Likely at least some people near the top of some of these DeFi ponzi pyramids are trading back into BTC.', 'itogl6'], ['u/Golfergopher', 19, '2020-09-16 10:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5gb806/', 'Somehow funding is negative lmao. This has a great chance of breaking 11k.', 'itogl6'], ['u/ThatOtherGuy254', 29, '2020-09-16 10:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5gb9j9/', 'And yet the biggest stock is called Apple. Lol', 'itogl6'], ['u/aqvarius_il_grande', 15, '2020-09-16 11:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5ggiki/', 'Things make sense again.', 'itogl6'], ['u/Danny_Lunchbox', 20, '2020-09-16 15:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5gwyhf/', 'KISS = Knights In Service of Satoshi', 'itogl6'], ['u/skythe4', 31, '2020-09-16 16:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5h3ci6/', '>@Krakenfx\n just won approval to create America’s first crypto bank.\n\n>World, please meet Kraken Financial. Kraken Financial, world.\n\n>Wait, a what? Kraken is a BANK?! How did this even happen?! \n\n>Allow me to threadeth. 👇\n\nhttps://twitter.com/msantoriESQ/status/1306236234675740672', 'itogl6'], ['u/aSchizophrenicCat', 11, '2020-09-16 16:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5h40sv/', 'What does your wife’s boyfriend think about all this though?', 'itogl6'], ['u/ARRRBEEE', 25, '2020-09-16 16:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5h5kum/', 'Bakkt is a total meme, but *somehow*, they did $172MM in physically-settled BTC fut... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['More than 30,000 immigration documents regarding thousands of migrants detained in three South Florida detention centers during the COVID-19 pandemic will be classified as confidential, a Miami judge ruled Wednesday. During a court hearing held by phone, U.S. Magistrate Judge Jonathan Goodman granted U.S. Immigration and Customs Enforcement\x92s request to keep about 30,000 documents \x97 or nearly 100,000 pages\x92 worth of emails, letters and documents that ICE had marked as confidential \x97 unavailable to the public, at least for now. \x93If we had the luxury of time and we had many months ... I would say that it seems like [ICE] made too broad of a use of the confidential designation and I would go back and ask [ICE] to review all those designations and then come up with a revised production, eliminating those confidential designations which [they] incorrectly used. But we don\x92t have that luxury of time,\x94 Goodman said. \x93But under the present scenario, I\x92m not going to require it,\x94 he said. \x93But things change. ... This is subject to be revisited.\x94 He noted that depositions in the ongoing class-action lawsuit \x97 which seeks the release of thousands of immigration detainees who are held, or have been held, at the Krome Processing Center in West Miami-Dade, the Broward Transitional Center in Pompano Beach and the Glades County Detention Center in Moore Haven since the beginning of the coronavirus pandemic \x97 will begin next week. Though the documents marked confidential by ICE won\x92t be visible in the public docket, attorneys representing the detainees will have access to them, but will be prohibited from discussing them with anyone outside their legal teams. The six national immigration law firms representing the detainees \x97 the University of Miami\x92s immigration law clinic, the Southern Poverty Law Center, the Rapid Defense Network in New York, Americans for Immigrant Justice, the Legal Aid Service of Broward County, and Washington, D.C.-based law firm King & Spalding \x97 told the judge that the decision to keep the documents confidential \x93complicates\x94 their ability to use them as the case moves toward the upcoming trial, which is scheduled for January 2021. Story continues During Wednesday\x92s hearing \x97 which was interrupted by the sounds of untraceable and random disco music \x97 ICE also requested permission to redact about 7,000 of the 30,000 documents, specifically emails, group chats and internal memos that would reveal decision-making conversations about internal protocols and people held in detention. Goodman denied that request, but ruled that the agency could redact content that would disclose law enforcement techniques that could compromise public safety. He emphasized that ICE would have to let him know by Thursday exactly what officials plan on redacting and to avoid \x93nitpicking irrelevant minutiae.\x94 Details on the contents of documents were not discussed. In July, U.S. District Court Judge Marcia Cooke appointed an independent fact-finder to investigate possible \x93inhumane conditions, deliberate indifference and cruel and unusual punishment\x94 at Krome, BTC and Glades. The designation of a \x93special master\x94 was in response to a motion filed by immigration lawyers accusing ICE of violating the courts\x92 April 2020 order. The accusations included: co-mingling COVID-positive detainees with individuals who have not been confirmed as having the disease, failing to provide cleaning supplies and masks to detainees and not educating detainees about the pandemic. The detainees and their attorneys also accuse the agency of not promoting or enforcing social distancing within the detention centers. As of Wednesday, ICE data shows that 182 have tested positive for COVID-19 at Krome, 132 tested positive at Broward and 164 at Glades. Correction: A previous version of this story misspelled U.S. District Judge Marcia Cooke\x92s first name.', 'More than 30,000 immigration documents regarding thousands of migrants detained in three South Florida detention centers during the COVID-19 pandemic will be classified as confidential, a Miami judge ruled Wednesday. During a court hearing held by phone, U.S. Magistrate Judge Jonathan Goodman granted U.S. Immigration and Customs Enforcement\x92s request to keep about 30,000 documents \x97 or nearly 100,000 pages\x92 worth of emails, letters and documents that ICE had marked as confidential \x97 unavailable to the public, at least for now. \x93If we had the luxury of time and we had many months ... I would say that it seems like [ICE] made too broad of a use of the confidential designation and I would go back and ask [ICE] to review all those designations and then come up with a revised production, eliminating those confidential designations which [they] incorrectly used. But we don\x92t have that luxury of time,\x94 Goodman said. \x93But under the present scenario, I\x92m not going to require it,\x94 he said. \x93But things change. ... This is subject to be revisited.\x94 He noted that depositions in the ongoing class-action lawsuit \x97 which seeks the release of thousands of immigration detainees who are held, or have been held, at the Krome Processing Center in West Miami-Dade, the Broward Transitional Center in Pompano Beach and the Glades County Detention Center in Moore Haven since the beginning of the coronavirus pandemic \x97 will begin next week. Though the documents marked confidential by ICE won\x92t be visible in the public docket, attorneys representing the detainees will have access to them, but will be prohibited from discussing them with anyone outside their legal teams. The six national immigration law firms representing the detainees \x97 the University of Miami\x92s immigration law clinic, the Southern Poverty Law Center, the Rapid Defense Network in New York, Americans for Immigrant Justice, the Legal Aid Service of Broward County, and Washington, D.C.-based law firm King & Spalding \x97 told the judge that the decision to keep the documents confidential \x93complicates\x94 their ability to use them as the case moves toward the upcoming trial, which is scheduled for January 2021. Story continues During Wednesday\x92s hearing \x97 which was interrupted by the sounds of untraceable and random disco music \x97 ICE also requested permission to redact about 7,000 of the 30,000 documents, specifically emails, group chats and internal memos that would reveal decision-making conversations about internal protocols and people held in detention. Goodman denied that request, but ruled that the agency could redact content that would disclose law enforcement techniques that could compromise public safety. He emphasized that ICE would have to let him know by Thursday exactly what officials plan on redacting and to avoid \x93nitpicking irrelevant minutiae.\x94 Details on the contents of documents were not discussed. In July, U.S. District Court Judge Marcia Cooke appointed an independent fact-finder to investigate possible \x93inhumane conditions, deliberate indifference and cruel and unusual punishment\x94 at Krome, BTC and Glades. The designation of a \x93special master\x94 was in response to a motion filed by immigration lawyers accusing ICE of violating the courts\x92 April 2020 order. The accusations included: co-mingling COVID-positive detainees with individuals who have not been confirmed as having the disease, failing to provide cleaning supplies and masks to detainees and not educating detainees about the pandemic. The detainees and their attorneys also accuse the agency of not promoting or enforcing social distancing within the detention centers. As of Wednesday, ICE data shows that 182 have tested positive for COVID-19 at Krome, 132 tested positive at Broward and 164 at Glades. Correction: A previous version of this story misspelled U.S. District Judge Marcia Cooke\x92s first name.', 'Bitcoin, BTC to USD, rose by 1.60% on Wednesday. Following on from a 1.00% gain on Tuesday, Bitcoin ended the day at $10,971.3.\nIt was a bearish start to the day. Bitcoin fell to an early morning intraday low $10,682.0 before making a move.\nSteering clear of the first major support level at $10,647, Bitcoin rallied to a late afternoon intraday high $11,105.0.\nBitcoin broke through the first major resistance level at $10,946 and the second major resistance level at $11,094.\nA late pullback, however, saw Bitcoin fall back through the second major resistance level to wrap up the day at sub-$11,000 levels.\nThe near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was another mixed day on Wednesday.\nBinance Coin (+2.73%), EOS (+0.30%), Ethereum (+0.32%), Ripple’s XRP (+1.66%), and Stellar’s Lumen (+2.71%) joined Bitcoin in the green.\nIt was a bearish day for the rest of the majors, however.\nTron’s TRX and Monero’s XMR led the way down, with losses of 3.19% and 5.15% respectively.\nBitcoin Cash ABC (-0.55%), Bitcoin Cash SV (-2.93%), Cardano’s ADA (-1.63%), Litecoin (-1.20%), and Tezos (-1.21%) also struggled.\nIn the current week, the crypto total market fell to a Monday low $314.21bn before rising to a Tuesday high $337.85bn. At the time of writing, the total market cap stood at $335.17bn.\nBitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 60.87%.\nAt the time of writing, Bitcoin was up by 0.74% to $11,052.7. A bullish start to the day saw Bitcoin rise from an early morning low $10,947.1 to a high $11,069.2.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was also a bullish start to the day for the crypto majors.\nAt the time of writing, Ethereum and Ripple’s XRP were up by 3.77% and by 3.59% to lead the wa **Last 60 Days of Bitcoin's Closing Prices:** [9185.82, 9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-17 **Financial & Commodity Data:** - Gold Closing Price: $1940.00 - Crude Oil Closing Price: $40.97 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $199,701,247,500 - Hash Rate: 153484812.57112962 - Transaction Count: 348581.0 - Unique Addresses: 740029.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.48 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The Office of the Comptroller of the Currency (OCC), a federal banking regulator in the U.S., is rapidly expanding crypto awareness on Capitol Hill. The OCC published an interpretive letter Wednesday announcing that in its view, nationally chartered banks are able to provide custody services for cryptocurrencies, a move that the industry widely praised as one that could help mainstream adoption of crypto, even though it’s unclear as to whether banks will immediately act  on the regulatory clarification. This development is likely to be very positive for the digital assets space, but major U.S. banks probably won’t be holding Bitcoin any time soon. Related: Crypto Bank Hopeful Bitcoin Suisse Raises $48M in First-Ever Round Congressman Darren Soto (D-Fla.) told CoinDesk in a phone call that the letter was “an important step” to better integrate cryptocurrencies into the U.S. financial system, though he cautioned that “the federal government is still behind in incorporating” cryptocurrency. “We support further integration of cryptocurrency into the financial system, including allowing the major financial institutions to hold this currency. It’ll lead to further legitimization of crypto,” he said. Across the aisle, Representative Tom Emmer (R-Minn.) agreed, telling CoinDesk in an emailed statement that providing custody is “a big step forward” for financial innovation. Both representatives are members of the Congressional Blockchain Caucus. Related: Wyoming-Based Avanti to Open in October With a New Bank-Issued Digital Asset “[Acting Comptroller] Brian Brook’s work should serve as a guiding light forward for the rest of our patchwork of financial regulators,” Emmer said. A number of aspects of the letter make it interesting, said a Congressional staffer, who advises a lawmaker on fintech issues and asked for their name to be withheld. The first was its rapid release, given Brooks just took the job in May. The staffer said a number of lawmakers will claim that insufficient research was put into the benefits or detriments of the move. Even the bullish Soto noted that the OCC’s announcement seemed hurried. “We’ve seen some things rushed throughout the Trump administration so this isn’t particularly surprising,” Soto said, though he added, “it’s been a long time coming. This should have happened months or years ago.” The Congressional staffer added that the form of the letter is interesting, in that it’s not an announcement or a rule. “It looks like it’s an interpretive letter, which maybe a specific bank asked for … and that’s fairly normal practice if regulations are a little ambiguous but usually … you don’t issue it writ large.” Story continues Starting a conversation Up until now, the lack of regulatory clarity has meant mainstream financial firms like Fidelity have managed to get into crypto, but only by going the long way around and creating a separate legal entity, such as Fidelity Digital Assets. The OCC letter provides clarity so that banks can get closer to crypto without worrying about regulatory uncertainty. “People who are supportive of crypto and blockchain technology will see this as a very positive step, and the more skeptical crowd, this’ll further entrench their viewpoint,” the Congressional staffer said. “I think there’s a very large group of politicians who have never thought about this, so that’s the real benefit is it’ll start that discussion.” Ron Hammond, a former aide to Rep. Warren Davidson (R-Ohio), agreed that the move might force a conversation around crypto, but noted that neither major party – Democrats or Republicans – currently have a platform around financial technology or digital assets. He expects Democrats as a party to come out against the move, he told CoinDesk in a phone call. “Democrats already are skeptical of banks [and] they’re even more skeptical of digital assets, so you put those two together and you have a pretty big policy storm of mistrust in the system,” he said. Anti-money laundering and know-your-customer concerns may be brought up, along with the fact that Brian Brooks, the current Acting Comptroller of the Currency, has been neither formally nominated nor confirmed to his role. The conversation about crypto will not be limited to Capitol Hill. Alex Batlin, CEO of digital asset custody provider Trustology, and a former blockchain lead at BNY Mellon and UBS, told CoinDesk he expects there to be “a lot more conversations” about crypto in various company boardrooms this coming fall. Open door A number of barriers still remain before any nationally chartered banks are able to actually offer crypto custody services. Hammond said that while the letter might provide cover for smaller banks, major ones would need more reassurance before they’d be willing to enter the space. “I don’t expect you will see much change in the next three to four months, but then we might see some acceleration thereafter,” Batlin said. “I expect that after the summer, this will come up as banks will be holding investment committees for funding approvals for the next year.” There are also concerns around whether the letter can provide binding guidance. The Congressional staffer noted that the relevant statutes could be interpreted differently by another administration, meaning a future letter or rulemaking process could tell banks the opposite of Wednesday’s missive. Still, the OCC’s overtures open the door for much less risky and cheaper routes into crypto for big banks, said Batlin. The way banks are likely to dip their toes in is by going the sub-custody route, he said, by partnering with small specialist organizations. “That’s exactly what a global custodian like BNY Mellon does anyway,” Batlin said. “Now that this activity is going to be regulated, I expect the cheapest solution for bigger banks is to have some kind of semi-derisked trial of this is to use someone as a sub-custodian.” Following Europe The OCC letter brings the U.S. closer to the situation in Germany, where lawmakers provided clarity that essentially eased restrictions on banks providing custody of crypto assets. Germany’s Financial Supervisory Authority (BaFin) released guidance earlier this year clarifying how firms based outside the nation could still provide custody services within Germany’s borders and remain in compliance with international law, such as the European Union’s Fifth Anti-Money Laundering Directive. “The U.S. is following Europe, and the use cases are unlikely to be crypto coins,” said Phil Mochan, co-founder of Koine, a London-based custody and post-trade settlement solution for digital assets. “The banks in Germany are all saying they are not going to touch crypto coins, but are interested in primary issuance of securities on behalf of their clients.” Mochan pointed out that simply providing cold storage of crypto keys does not resolve any of the post-trade activities needed for standard market infrastructure, which involves the emergence of blockchain-enabled central securities depositories (CSDs). Election approaching Back in the U.S., the upcoming presidential election is one wild card that might determine whether the next Comptroller reverses the decision or not. “I don’t see a situation where a [Republican President Donald] Trump nominee, whether he be Brooks or someone else, would overturn this but I can see a situation in a [Democratic Presidential nominee Joe] Biden administration where this gets overturned,” he said. That’s not to say a potential Biden administration would for sure overturn the move, and it’s unlikely to be a key priority, but the uncertainty remains. “There’s no notice or comments, [no] input [from] the industry,” Hammond said. “I can see a Biden administration being more concerned about that and probably striking down the [letter].” Soto said Congress needed to take action to bring further clarity, starting with passing the Token Taxonomy Act (which Hammond wrote while working for Davidson) and the Digital Taxonomy Act (which Soto sponsored). “We need to pass both those bills to establish basic definitions and jurisdiction so there’s no overreach by agencies and there’s more certainty,” he said. “I continue to be troubled by the fact that many new cryptocurrency firms have to spend [millions] due to the complex rules in the United States and that’s because we’ve left it solely to the agencies.” Related Stories Banks Won’t Rush to Hold Crypto – But OCC’s Regulatory Approval Makes It Harder to Ignore Banks Won’t Rush to Hold Crypto – But OCC’s Regulatory Approval Makes It Harder to Ignore View comments... - Reddit Posts (Sample): [['u/brnrmbo', 'Old Missoula sub is locked.', 31, '2020-09-17 00:12', 'https://www.reddit.com/r/MissoulaMontana/comments/iu62ar/old_missoula_sub_is_locked/', 'Hello fellow Missoulians, as reported on [r/subredditdrama](https://www.reddit.com/r/SubredditDrama/comments/itzmhh/mod_of_rmissoula_locks_comments_sub_wide_because/), the old Missoula subreddit is locked. A few years ago I was banned from the old sub. I cannot recall the exact reason why however it was in regards to a post about the Bonner Bitcoin farm. I messaged the mods, webdoodle said he would remove the ban but later I found that I was shadow banned. Given the heavy handed moderation of the old Missoula subreddit r/MissoulaMontana was created.\n\nWelcome to the new subreddit for Missoula. Share your old Missoula subreddit woes below. ', 'https://www.reddit.com/r/MissoulaMontana/comments/iu62ar/old_missoula_sub_is_locked/', 'iu62ar', [['u/Thejunky1', 21, '2020-09-17 00:21', 'https://www.reddit.com/r/MissoulaMontana/comments/iu62ar/old_missoula_sub_is_locked/g5irl01/', 'ol doodle boi went off the deepend covid denier conspiracy style. How he mods a microbiology sub as well is beyond me.', 'iu62ar'], ['u/MScottPCo', 19, '2020-09-17 00:38', 'https://www.reddit.com/r/MissoulaMontana/comments/iu62ar/old_missoula_sub_is_locked/g5ito7g/', 'webdoodle has always been a power hungry nut job, but he finally went off the deep-end. I think my post about how to complain about bad mods finally sent him over the edge. I have no idea what the jackass is talking about when he says he’s being dox’d though. Dude is nuts.', 'iu62ar'], ['u/brnrmbo', 12, '2020-09-17 00:46', 'https://www.reddit.com/r/MissoulaMontana/comments/iu62ar/old_missoula_sub_is_locked/g5iui0q/', 'Looking at the list of subs they moderate it looks like he is a professional mod, but for free. That would make me go crazy too, I can barely moderate this sub.', 'iu62ar'], ['u/LightGallons', 10, '2020-09-17 19:10', 'https://www.reddit.com/r/MissoulaMontana/comments/iu62ar/old_missoula_sub_is_locked/g5lsz2s/', "I initially started this sub after a spat with Webdoodle having had several accounts banned for opinions he didn't like.", 'iu62ar']]], ['u/nixxon', 'BHS Closed indefinitely', 34, '2020-09-17 02:33', 'https://www.reddit.com/r/burlington/comments/iu8kqu/bhs_closed_indefinitely/', "Copy/pasta below:\n---\n\nSeptember 16, 2020 \n\n\n\nGood evening BSD families and staff,\n\n\nI am writing tonight to let you know I have decided that the entire BHS/BTC campus will remain closed to students, faculty, and staff for at least the duration of this semester. This decision is directly related to the presence of PCBs in the air discovered during our ReEnvisioning project and has nothing to do with COVID. During this time, classes will continue online for BHS students and we will work to identify new spaces for in-person learning for Burlington Technical Center. \n\n \n\nThis morning Board Chair Wool, Director of Property Services Marty Spaulding, our ReEnvisioning consultants, and I met with representatives from EPA, Vermont Department of Health (DOH), Vermont Department of Natural Resources, and the Agency of Education to discuss the results of air quality sampling that are now available on our website. \n\n \n\nWhile we had initially been encouraged that the air testing was below the EPA guidelines of 500 nanograms per meter, the DOH levels of standards are 15 nanograms per meter and they made a strong recommendation that we not return to BHS or BTC without further diagnosing and mitigating the issue of PCB's in the air. The EPA was in agreement with this recommendation and noted that their standards often serve as more of a starting point after which they recommend further testing and conversation. After listening to the recommendations, conversation, and concerns, I made the difficult decision to keep our building closed to in-person learning and, beginning immediately, any personnel non-essential to the testing, mitigation, or maintenance processes. \n\n \n\nThe exception to this is the kitchen and cafeteria. These rooms have all come in under the Department of Health's allowable levels and both the DOH and the EPA have said we should feel okay continuing to use these spaces for our District food preparation but should keep an eye on the spaces and include them in future testing. This is good news for us as a District, as the kitchen at BHS is used to prepare food for many students and community members, not just our BHS population. \n\n\nI know this news must come as a shock to many of you, and I know that many students are likely very disappointed to once again be missing out on so many in-person connections. I want to assure you that we will work as fast and as hard as we can to get students back into our buildings as soon as we can. At the same time, our conversations this morning underscored that even the least-costly mitigation options will be expensive and time-consuming. \n\n\nAt BHS, our best-case scenario is that this process will take at least four months. For BTC, we expect the process to last significantly longer, which is why we are working to identify alternative spaces for these hands-on programs. As I balance the safety of staff and students with the desire to return to in-person learning, I also want to assure our community that I will be keeping a close eye on our financial obligations and our needs to complete the BHS/BTC ReEnvisioning project and be good stewards of taxpayer dollars. \n\n\nFor our staff and teachers, I know that many of you have concerns. Our Human Resources team is actively working with our insurance and benefits providers to explore what these results mean and how we can help and support you. Please expect more information from HR in the next few weeks. \n\n\nFinally, I want to thank you all - parents, students, staff, and our community for your patience and understanding through this process. I know this a lot of information and it is not what you were hoping or expecting to hear this week. I have previously shared a factsheet regarding PCBs and am including it again here. Our partners at the State are prepared to continue to answer questions about PCB exposure and District staff are prepared to continue to answer questions about the ReEnvisioning project, as well as online learning and curriculum. \n\n\nPlease stay in touch and stay engaged as we go through this process together. \n\n\nSincerely, \n\nTom \n\n--\nOffice of the Superintendent | Burlington School District\n150 Colchester Avenue | Burlington, VT 05401 \n(office) 802.864.8474 | (fax) 802.864.8501 | www.bsdvt.org\n\nFollow us on Facebook, Twitter, and Instagram @btvschools", 'https://www.reddit.com/r/burlington/comments/iu8kqu/bhs_closed_indefinitely/', 'iu8kqu', [['u/cesare980', 29, '2020-09-17 02:37', 'https://www.reddit.com/r/burlington/comments/iu8kqu/bhs_closed_indefinitely/g5j6gc3/', 'So can we like build a new high school now?', 'iu8kqu'], ['u/friedmpa', 15, '2020-09-17 02:47', 'https://www.reddit.com/r/burlington/comments/iu8kqu/bhs_closed_indefinitely/g5j7k8h/', 'so what happens when a ton of people have debilitating health effects for the next 50 years...', 'iu8kqu'], ['u/orangekrush19', 24, '2020-09-17 03:07', 'https://www.reddit.com/r/burlington/comments/iu8kqu/bhs_closed_indefinitely/g5j9m7r/', 'Burlington can’t catch a break in 2020...good lord. Feel bad for all of the students', 'iu8kqu'], ['u/psybient', 66, '2020-09-17 03:34', 'https://www.reddit.com/r/burlington/comments/iu8kqu/bhs_closed_indefinitely/g5jcrfo/', "You can't just take Pit Money and spend it on something frivolous like schools smh", 'iu8kqu'], ['u/cesare980', 22, '2020-09-17 03:35', 'https://www.reddit.com/r/burlington/comments/iu8kqu/bhs_closed_indefinitely/g5jcw6h/', 'I know that, I’m not a commie.', 'iu8kqu']]], ['u/AutoModerator', '[Daily Discussion] Thursday, September 17, 2020', 41, '2020-09-17 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/iubzzn/daily_discussion_thursday_september_17_2020/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n**Other ways to interact:**\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/iubzzn/daily_discussion_thursday_september_17_2020/', 'iubzzn', [['u/freq-ee', 11, '2020-09-17 06:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/iubzzn/daily_discussion_thursday_september_17_2020/g5jx1ng/', "Investors never really care about what they are investing in. If they did, they would be bad investors.\n\nMost people buy stocks because they suspect the price will go up. They could care less what the reason is. If I buy a stock and then another company offers to buy the company, and makes the stock price shoot up, I'm fine with that. I could care less what the reason is. Obviously I try to predict the reasons, but I could care less what actually makes the stock price move the way that ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['The number of monthly users who earned T-Points , or loyalty points, for bitcoin ( BTC) payments on the bitFlyer exchange in Japan reached a record high in August. The two companies partnered to offer rewards to customers last year. According to a bitFlyer report featured in a CoinDesk Japan article Thursday, the exchange did not specify the number of users of the service. But BTC was trading at 1.3 million Japanese yen ($12,400) in August for the first time in a year Midori Kanemitsu, a market analyst at bitFlyer, indicated this reflects a larger trend: against the backdrop of COVID-19 and global monetary easing, bitcoin is shifting from a speculative investment for individuals to an institutional hedge against inflation. Kanemitsu also expects institutional investors to enter the Japanese bitcoin market. A bitFlyer survey conducted earlier this year revealed that 30% of new visitors to the exchange are in their 20s, and that number has doubled since a previous survey conducted in 2018. The rewards system, launched in August 2019, allows users who have a bitFlyer account to exchange T-points for BTC. Users can also earn one T-point for every 500 yen (~$4.80) spent in BTC at participating member stores. Read more: Most New Customers at Japanese Exchange BitFlyer Are in Their 20s Related Stories On bitFlyer Japan, Bitcoin Rewards Program Hits New Record On bitFlyer Japan, Bitcoin Rewards Program Hits New Record On bitFlyer Japan, Bitcoin Rewards Program Hits New Record On bitFlyer Japan, Bitcoin Rewards Program Hits New Record', 'The number of monthly users who earnedT-Points, or loyalty points, for bitcoin (BTC)payments on thebitFlyerexchange in Japan reached a record high in August. The two companies partnered to offer rewards to customers last year.\n• According to a bitFlyer report featured in aCoinDesk Japanarticle Thursday, the exchange did not specify the number of users of the service. But BTC was trading at1.3 million Japanese yen($12,400) in August for the first time in a year\n• Midori Kanemitsu, a market analyst at bitFlyer, indicated this reflects a larger trend: against the backdrop of COVID-19 and global monetary easing, bitcoin is shifting from a speculative investment for individuals to an institutional hedge against inflation.\n• Kanemitsu also expects institutional investors to enter the Japanese bitcoin market.\n• A bitFlyersurveyconducted earlier this year revealed that 30% of new visitors to the exchange are in their 20s, and that number has doubled since a previous survey conducted in 2018.\n• The rewards system, launched in August 2019, allows users who have a bitFlyer account to exchange T-points for BTC.\n• Users can alsoearnone T-point for every 500 yen (~$4.80) spent in BTC at participating member stores.\nRead more:Most New Customers at Japanese Exchange BitFlyer Are in Their 20s\n• On bitFlyer Japan, Bitcoin Rewards Program Hits New Record\n• On bitFlyer Japan, Bitcoin Rewards Program Hits New Record\n• On bitFlyer Japan, Bitcoin Rewards Program Hits New Record\n• On bitFlyer Japan, Bitcoin Rewards Program Hits New Record', 'The number of monthly users who earnedT-Points, or loyalty points, for bitcoin (BTC)payments on thebitFlyerexchange in Japan reached a record high in August. The two companies partnered to offer rewards to customers last year.\n• According to a bitFlyer report featured in aCoinDesk Japanarticle Thursday, the exchange did not specify the number of users of the service. But BTC was trading at1.3 million Japanese yen($12,400) in August for the first time in a year\n• Midori Kanemitsu, a market analyst at bitFlyer, indicated this reflects a larger trend: against the backdrop of COVID-19 and global monetary easing, bitcoin is shifting from a speculative investment for individuals to an institutional hedge against inflation.\n• Kanemitsu also expects institutional investors to enter the Japanese bitcoin market.\n• A bitFlyersurveyconducted earlier this year revealed that 30% of new visitors to the exchange are in their 20s, and that number has doubled since a previous survey conducted in 2018.\n• The rewards system, launched in August 2019, allows users who have a bitFlyer account to exchange T-points for BTC.\n• Users can alsoearnone T-point for every 500 yen (~$4.80) spent in BTC at participating member stores.\nRead more:Most New Customers at Japanese Exchange BitFlyer Are in Their 20s\n• On bitFlyer Japan, Bitcoin Rewards Program Hits New Record\n• On bitFlyer Japan, Bitcoin Rewards Program Hits New Record\n• On bitFlyer Japan, Bitcoin Rewards Program Hits New Record\n• On bitFlyer Japan, Bitcoin Rewards Program Hits New Record', 'Bitcoin, BTC to USD, slipped by 0.11% on Thursday. Following a 1.60% gain on Wednesday, Bitcoin ended the day at $10,959.0.\nIt was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,069.2 before hitting reverse.\nFalling short of the first major resistance level at $11,157, Bitcoin slid to an early afternoon intraday low $10,765.9.\nSteering clear of the first major support level at $10,734, Bitcoin recovered to a high $10,985.3 before falling back into the red.\nThe near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was another mixed day on Thursday.\nBinance Coin and Bitcoin Cash ABC bucked the trend, falling by 2.69% and by 0.77% respectively.\nIt was a bullish day for the rest of the majors, however.\nEthereum (+6.63%), Monero’s XMR (+4.98%), and Tron’s TRX (+6.96%) led the way.\nCardano’s ADA (+2.78%), Litecoin (+2.41%), and Ripple’s XRP (+2.07%) also found strong support.\nBitcoin Cash SV (+1.19%), EOS (+0.96%), Stellar’s Lumen (+0.49%), and Tezos (+0.13%) trailed the front runners, however.\nIn the current week, the crypto total market fell to a Monday low $314.21bn before rising to a Thursday high $339.95bn. At the time of writing, the total market cap stood at $332.77bn.\nBitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 60.54%.\nAt the time of writing, Bitcoin was down by 0.40% to $10,915.0. A mixed start to the day saw Bitcoin rise to an early morning high $10,971.0 before falling to a low $10,912.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBinance Coin ABC was up by 0.26% to buck the trend early on.\nIt was a bearish start to the day for the rest of the majors, however.\nAt the time of writing, Tron’s TRX was down by 1.17% to lead the way down.\nBitcoin would need to move back through the $10,931 pivot level to support a run at the first major resistance level at $11,097.\nSupport from the broader market would be needed, however, for Bitcoin to breakout from Thursday’s high $11,069.2.\nBarring an extended crypto rally, the first major resistance level and current week high $11,105 would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,235 before any pullback.\nFailure to move back through the $10,931 pivot would bring the first major support level at $10,794 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,700 levels. The second major support level sits at $10,628.\nThisarticlewas originally posted on FX Empire\n• Economic Data and Geopolitics Put the Loonie and the Pound in the Spotlight\n• Nike Flying High Ahead Of Earnings\n• US Stock Market Overview – Stock Drop Led Down by Real Estate; Materials Buck the Trend\n• Delta Air Lines to Raise $9 billion Against SkyMiles Loyalty Program\n• Crude Oil Price Forecast – Crude Oil Markets Continue Recovering\n• US Stocks: Add IPOs to the List of Reasons for Current Volatility', 'Bitcoin, BTC to USD, slipped by 0.11% on Thursday. Following a 1.60% gain on Wednesday, Bitcoin ended the day at $10,959.0. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,069.2 before hitting reverse. Falling short of the first major resistance level at $11,157, Bitcoin slid to an early afternoon intraday low $10,765.9. Steering clear of the first major support level at $10,734, Bitcoin recovered to a high $10,985.3 before falling back into the red. The near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was another mixed day on Thursday. Binance Coin and Bitcoin Cash ABC bucked the trend, falling by 2.69% and by 0.77% respectively. It was a bullish day for the rest of the majors, however. Ethereum (+6.63%), Monero’s XMR (+4.98%), and Tron’s TRX (+6.96%) led the way. Cardano’s ADA (+2.78%), Litecoin (+2.41%), and Ripple’s XRP (+2.07%) also found strong support. Bitcoin Cash SV (+1.19%), EOS (+0.96%), Stellar’s Lumen (+0.49%), and Tezos (+0.13%) trailed the front runners, however. In the current week, the crypto total market fell to a Monday low $314.21bn before rising to a Thursday high $339.95bn. At the time of writing, the total market cap stood at $332.77bn. Bitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 60.54%. This Morning At the time of writing, Bitcoin was down by 0.40% to $10,915.0. A mixed start to the day saw Bitcoin rise to an early morning high $10,971.0 before falling to a low $10,912.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin ABC was up by 0.26% to buck the trend early on. Story continues It was a bearish start to the day for the rest of the majors, however. At the time of writing, Tron’s TRX was down by 1.17% **Last 60 Days of Bitcoin's Closing Prices:** [9164.23, 9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-18 **Financial & Commodity Data:** - Gold Closing Price: $1952.10 - Crude Oil Closing Price: $41.11 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $203,664,785,625 - Hash Rate: 142275247.6080696 - Transaction Count: 325157.0 - Unique Addresses: 687638.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.49 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin, BTC to USD, fell by 1.02% on Tuesday. Following Monday’s 11.01% breakout, Bitcoin ended the day at $10,932. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,263 before hitting reverse. Falling short of the first major resistance level at $11,634, Bitcoin fell to a late morning intraday low $10,590. Steering clear of the first major support level at $10,200, Bitcoin moved back through to $11,200 levels. A bearish end to the day, however, saw Bitcoin give up the $11,000 handle to end the day in the red. The near-term bullish trend remained intact, supported by the latest run at $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Tuesday. Ethereum joined Bitcoin in the red, with a 1.49% loss. It was a bullish day for the rest of the majors, however. Bitcoin Cash ABC and Cardano’s ADA led the way, with gains of 7.54% and 7.83% respectively. Bitcoin Cash SV (+3.73%), EOS (+5.06%), Litecoin (+4.61%), Monero’s XMR (+3.77%), and Stellar’s Lumen (+3.66%) also found strong support. Binance Coin (+2.27%), Ripple’s XRP (+2.67%), Tezos (+0.47%), and Tron’s TRX (+2.26%) trailed the front runners. At the start of the week, the crypto total market cap rose from a Monday low $285.49bn to a high $335.80bn. At the time of writing, the total market cap stood at $315.11bn. Bitcoin’s dominance rose from a Monday low 62.43% to a Tuesday high 64.57% before easing back. At the time of writing, Bitcoin’s dominance stood at 63.88%. This Morning At the time of writing, Bitcoin was down by 0.06% to $10,925. A mixed start to the day saw Bitcoin rise to an early morning high $10,994 before falling to a low $10,915.6. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Tezos was up by 0.10%, at the time of writing, to buck the trend. Story continues It was a bearish start for the rest of the majors, however. Cardano’s ADA was down by 1.85% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move back through the $10,928 pivot to support a run at the first major resistance level at $11,267. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,200 levels. Barring an extended crypto rally, the first major resistance level and Tuesday’s high $11,263 would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,601. Failure to move back through the $10,928 pivot level would bring the first major support level at $10,594 into play. Barring an extended crypto sell-off, however, Bitcoin should steer well clear of the second major support level at $10,255. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Prediction – Prices Rise to New Highs as Consumer Confidence Tumbles E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Is Bearish Secondary Lower Top Forming? USD/CAD Daily Forecast – Support At 1.3315 Is The Next Important Level Natural Gas Price Prediction – Prices Rise as Tropical Depression 9 Forms Silver Price Forecast – Silver Markets Explode with Volatility Gold Price Forecast – Gold Markets form Massive Candle... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["NEW YORK, NY / ACCESSWIRE / September 18, 2020 /ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD).\nReal-Time Market Data is available atwww.alt5pro.comand Real-Time Market Data feed is also available atwww.alt5sigma.comALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH\nAbout ALT 5 Sigma Inc.ALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance.\nALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers.\nALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services.\nFor more information, visitwww.alt5sigma.com.\nCONTACT:Andre BeauchesneTel. [email protected]\nFor more information on ALT 5 Pay, visitwww.alt5pay.comFor more information on ALT 5 Pro, visitwww.alt5pro.com\nSOURCE:ALT 5 Sigma Inc.\nView source version on accesswire.com:https://www.accesswire.com/606841/ALT-5-Sigma-Digital-Instrument-Market-Summary-for-BTC-ETH-LTC-BCH", "NEW YORK, NY / ACCESSWIRE / September 18, 2020 /ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD).\nReal-Time Market Data is available atwww.alt5pro.comand Real-Time Market Data feed is also available atwww.alt5sigma.comALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH\nAbout ALT 5 Sigma Inc.ALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance.\nALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers.\nALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services.\nFor more information, visitwww.alt5sigma.com.\nCONTACT:Andre BeauchesneTel. [email protected]\nFor more information on ALT 5 Pay, visitwww.alt5pay.comFor more information on ALT 5 Pro, visitwww.alt5pro.com\nSOURCE:ALT 5 Sigma Inc.\nView source version on accesswire.com:https://www.accesswire.com/606841/ALT-5-Sigma-Digital-Instrument-Market-Summary-for-BTC-ETH-LTC-BCH", "NEW YORK, NY / ACCESSWIRE / September 18, 2020 / ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD). Real-Time Market Data is available at www.alt5pro.com and Real-Time Market Data feed is also available at www.alt5sigma.com ALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH About ALT 5 Sigma Inc. ALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance. ALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers. ALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services. For more information, visit www.alt5sigma.com . CONTACT: Andre Beauchesne Tel. 1-800-204-6203 [email protected] For more information on ALT 5 Pay, visit www.alt5pay.com For more information on ALT 5 Pro, visit www.alt5pro.com SOURCE: ALT 5 Sigma Inc. View source version on accesswire.com: https://www.accesswire.com/606841/ALT-5-Sigma-Digital-Instrument-Market-Summary-for-BTC-ETH-LTC-BCH", 'Bitcoin, BTC to USD, slipped by 0.02% on Friday. Following on from a 0.11% decline on Thursday, Bitcoin ended the day at $10,957.2. It was a mixed start to the day. Bitcoin fell to an early low $10,903.4 before making a move. Steering clear of the first major support level at $10,794, Bitcoin struck a late morning intraday high $11,064.0. Falling short of the first major resistance level at $11,097, Bitcoin slid to a late afternoon intraday low $10,825.0. Steering clear of the first major support level at $10,794, Bitcoin revisited $10,970 levels before falling back into the red. The near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was another mixed day on Friday. Binance Coin (+1.99%), Bitcoin Cash ABC (+0.49%), and Tron’s TRX (+3.35%) bucked the trend on the day. It was a bearish day for the rest of the majors, however. Bitcoin Cash SV (-1.94), Cardano’s ADA (-3.29%), EOS (-1.86%), Ethereum (-1.25%), Stellar’s Lumen (-2.65%), and Tezos (-3.42%) struggled on the day. Litecoin (-0.68%), Monero’s XMR (-0.55%), and Ripple’s XRP (-0.49%) saw relatively modest losses, however. In the current week, the crypto total market fell to a Monday low $314.21bn before rising to a Thursday high $340.01bn. At the time of writing, the total market cap stood at $333.33bn. Bitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 60.80%. This Morning At the time of writing, Bitcoin was up by 0.24% to $10,984.0. A bullish start to the day saw Bitcoin rise from an early morning low $10,957.0 to a high $10,995.8. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV (+0.85%), Cardano’s ADA (+0.25%), Monero’s XMR (+0.23%), and Tron’s TRX (+0.25%) joined Bitcoin in the green. Story continues It was a bearish start to the day for the rest of the majors, however. At the time of writing, Tezos was down by 1.44% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $10,949 pivot level to support a run at the first major resistance level at $11,073. Support from the broader market would be needed, however, for Bitcoin to breakout from Friday’s high $11,064.0. Barring an extended crypto rally, the first major resistance level and current week high $11,105 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,188 before any pullback. Failure to avoid a fall through the $10,949 pivot would bring the first major support level at $10,834 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,700 levels. The second major support level at $10,710 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: The Weekly Wrap – Central Banks, COVID-19, and Geopolitics Tested the Markets Biden Widens the Gap as Swing State Fence Sitters Take a Stand USD/CAD Daily Forecast – Flat Ahead Of The Weekend Natural Gas Weekly Price Forecast – Natural Gas Markets Break Down European Equities: A Week in Review – 18/09/20 Crude Oil Weekly Price Forecast – Crude Oil Markets Recover for the Week', 'Bitcoin, BTC to USD, slipped by 0.02% on Friday. Following on from a 0.11% decline on Thursday, Bitcoin ended the day at $10,957.2. It was a mixed start to the day. Bitcoin fell to an early low $10,903.4 before making a move. Steering clear of the first major support level at $10,794, Bitcoin struck a late morning intraday high $11,064.0. Falling short of the first major resistance level at $11,097, Bitcoin slid to a late afternoon intraday low $10,825.0. Steering clear of the first major support level at $10,794, Bitcoin revisited $10,970 levels before falling back into the red. The near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was another mixed day on Friday. Binance Coin (+1.99%), Bitcoin Cash ABC (+0.49%), and Tron’s TRX (+3.35%) bucked the trend on the day. It was a bearish day for the rest of the majors, however. Bitcoin Cash SV (-1.94), Cardano’s ADA (-3.29%), EOS (-1.86%), Ethereum (-1.25%), Stellar’s Lumen (-2.65%), and Tezos (-3.42%) struggled on the day. Litecoin (-0.68%), Monero’s XMR (-0.55%), and Ripple’s XRP (-0.49%) saw relatively modest losses, however. In the current **Last 60 Days of Bitcoin's Closing Prices:** [9374.89, 9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-19 **Financial & Commodity Data:** - Gold Closing Price: $1952.10 - Crude Oil Closing Price: $41.11 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $203,664,785,625 - Hash Rate: 128478859.9612265 - Transaction Count: 296357.0 - Unique Addresses: 624125.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.48 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Editor’s note: This article was updated on Sept. 8, 2020, after receiving confirmation of the stated electricity prices for Marathon Patent Group’s new mining location. Marathon Patent Group(NASDAQ:MARA) stock is one to avoid. At its inception in 2012 it was a patent companyfounded on a portfolio of three patentsand one application. In August 2017 Marathon announced it intended to also pursue potentialalternative businesses. Then, in November 2017, it acquired Global Bit Ventures, cementing its current direction as a crypto miner. Since then MARA stock has rattled off three years of successive losses. Source: Shutterstock Clearly this is a company that is in chaos looking for hope. The chances of it finding that hope look very, very slim. The company’s latest news does, however, leave a slight possibility. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Since Marathon Patent Group pivoted business to cryptomining, MARA stock has seen three distinct peaks. First, at the announcing of its new direction, the stock shot up. It then sharply decreased to around $1 within its first five months of cryptomining. It mostly proceeded to remain under a dollar for the next year. In April 2019 it enacted a 4-for-1 reverse stock split pushing shares above theNasdaq’s$1 minimum price listing requirement. Again, Marathon shares ratcheted down to below a dollar and the company was facing NASDAQ listing trouble. The company undertook a series of mining computer purchases, issued stock, and acquired a separate mining company. These moves, along with recent price appreciation in cryptos, managed to bring shares above $5. They have since retreated to their current price of $2.50. • 10 Blue-Chip Stocks Ideal for Any Investor This clear pattern of boom and quick retreat has defined MARA stock ever since it became a crypto mining company. Marathon Patent Group has essentially been buying more computers so that they have more capacity to mine. Their business model is relatively simple: hope that you can mine more Bitcoin in value than its costs. Energy costs and computer costs are relatively predictable, Bitcoin much less so. MyInvestorPlacecolleague Thomas Yeung laid out the inherent misdirection of Marathon Patent Group’s business plan inhis recent article. The previous three years do look like a strategy of taking what hasn’t worked, and then deciding to scale it up. That’s a recipe for increasing losses. However, there has been news out of the company of late which, if true, could change the fundamental investment attractiveness of MARA stock. On Aug. 26 the company announced its intent to acquire Fastblock Mining. The company is making some pretty big claims about the fundamental changes this will bring. First, Marathon Patent Group states their current cost to mine one Bitcoin is $7,400. It also contends that upon this deal being consummated, the cost will drop to $3,600 per Bitcoin. They believe this will increase their monthly revenues to about $4 million. This steep decrease comes from a low electricity cost of $0.0285 per KwH in the new location. Past financial statements raise many, many red flags. This company has not managed to make money so far. And investors really have to ask themselves, is the stated $4 million in monthly revenue really feasible? The company had $1.185 million in revenue inallof 2019 from 26,700 square feet of operations. Now with 40,000 additional sq.ft, revenues will increase to $48 million annually? They should rise essentially in a linear fashion. But they’ve jumped exponentially while Marathon Patent Groups square footage has increased by 150% (26,700 to 66,700). Maybe the bitcoin prices will hold true to their projections and they’ll see their revenues turn positive. But given their track record, it makes more sense to side with me and avoid this stock. On the date of publication, Alex Sirois did not have (either directly or indirectly) any positions in the securities mentioned in this article. • Why Everyone Is Investing in 5G All WRONG • America’s #1 Stock Picker Reveals His Next 1,000% Winner • Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company • Radical New Battery Could Dismantle Oil Markets The postMarathon Patent Group Is Still a No-Go Despite Recent PR Claimsappeared first onInvestorPlace.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 1.29% on Saturday. Following a 0.02% slip on Friday, Bitcoin ended the day at $11,098. It was a range-bound start to the day. Bitcoin dipped to a late morning intraday low $10,920.0 before making a move. Steering clear of the first major support level at $10,834, Bitcoin struck a mid-day intraday high $11,185.0. Bitcoin broke through the first major resistance level at $11,073 before easing back. Coming up against the second major resistance level at $11,188, Bitcoin fell back through the first major resistance level to sub-$11,040 levels. Finding late support, however, Bitcoin broke back through the first major resistance level to wrap up the day at $11,090 levels. The near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was another mixed day on Saturday. Binance Coin (-1.74%), Bitcoin Cash SV (-0.70%), Litecoin (-0.14%), Tezos (-2.79%), and Tron’s TRX (-4.81%) saw red on the day. It was a bullish day for the rest of the majors, however. Bitcoin Cash ABC (0.10%), Cardano’s ADA (+0.56%), EOS (+0.47%), Ethereum (+0.16%), Monero’s XMR (+2.11%), Ripple’s XRP (+0.17%), and Stellar’s Lumen (+0.28%) joined Bitcoin in the green. In the current week, the crypto total market fell to a Monday low $314.21bn before rising to a Saturday high $341.59bn. At the time of writing, the total market cap stood at $336.10bn. Bitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 60.89%. This Morning At the time of writing, Bitcoin was down by 0.13% to $11,084.0. A bearish start to the day saw Bitcoin fall from an early morning high $11,098.0 to a low $11,081.0 Bitcoin left the major support and resistance levels untested early on. Story continues Elsewhere, it was another mixed start to the day Bitcoin Cash SV (+0.31%) and Tezos (+0.28%) bucked the trend with modest gains early on. It was a bearish start to the day for the rest of the majors, however. At the time of writing, Tron’s TRX was down by 0.92% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $11,068 pivot level to support a run at the first major resistance level at $11,215. Support from the broader market would be needed, however, for Bitcoin to breakout from Saturday’s high $11,185.0. Barring an extended crypto rally, the first major resistance level and current week high $11,185.0 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,333 and resistance at $11,500 before any pullback. Failure to avoid a fall through the $11,068 pivot would bring the first major support level at $11,950 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,700 levels. The second major support level at $11,803 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – Private Sector PMIs, Powell, Geopolitics, and COVID-19 in Focus The Crypto Daily – Movers and Shakers – September 20th, 2020 Silver Weekly Price Forecast – Silver Markets Form Neutral Candlestick Gold Price Prediction – Prices Edge Higher and Close up More than 2.5% for the Week The Weekly Wrap – Central Banks, COVID-19, and Geopolitics Tested the Markets E-mini S&P 500 Index (ES) Futures Technical Analysis – Trading on Weak Side of Resistance Area', 'Bitcoin, BTC to USD, rose by 1.29% on Saturday. Following a 0.02% slip on Friday, Bitcoin ended the day at $11,098.\nIt was a range-bound start to the day. Bitcoin dipped to a late morning intraday low $10,920.0 before making a move.\nSteering clear of the first major support level at $10,834, Bitcoin struck a mid-day intraday high $11,185.0.\nBitcoin broke through the first major resistance level at $11,073 before easing back.\nComing up against the second major resistance level at $11,188, Bitcoin fell back through the first major resistance level to sub-$11,040 levels.\nFinding late support, however, Bitcoin broke back through the first major resistance level to wrap up the day at $11,090 levels.\nThe near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was another mixed day on Saturday.\nBinance Coin (-1.74%), Bitcoin Cash SV (-0.70%), Litecoin (-0.14%), Tezos (-2.79%), and Tron’s TRX (-4.81%) saw red on the day.\nIt was a bullish day for the rest of the majors, however.\nBitcoin Cash ABC (0.10%), Cardano’s ADA (+0.56%), EOS (+0.47%), Ethereum (+0.16%), Monero’s XMR (+2.11%), Ripple’s XRP (+0.17%), and Stellar’s Lumen (+0.28%) joined Bitcoin in the green.\nIn the current week, the crypto total market fell to a Monday low $314.21bn before rising to a Saturday high $341.59bn. At the time of writing, the total market cap stood at $336.10bn.\nBitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 60.89%.\nAt the time of writing, Bitcoin was down by 0.13% to $11,084.0. A bearish start to the day saw Bitcoin fall from an early morning high $11,098.0 to a low $11,081.0\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was another mixed start to the day\nBitcoin Cash SV (+0.31%) and Tezos (+0.28%) bucked the trend with modest gains early on.\nIt was a bearish start to the day for the rest of the majors, however.\nAt the time of writing, Tron’s TRX was down by 0.92% to lead the way down.\nBitcoin would need to avoid a fall through the $11,068 pivot level to support a run at the first major resistance level at $11,215.\nSupport from the broader market would be needed, however, for Bitcoin to breakout from Saturday’s high $11,185.0.\nBarring an extended crypto rally, the first major resistance level and current week high $11,185.0 would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,333 and resistance at $11,500 before any pullback.\nFailure to avoid a fall through the $11,068 pivot would bring the first major support level at $11,950 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,700 levels. The second major support level at $11,803 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• The Week Ahead – Private Sector PMIs, Powell, Geopolitics, and COVID-19 in Focus\n• The Crypto Daily – Movers and Shakers – September 20th, 2020\n• Silver Weekly Price Forecast – Silver Markets Form Neutral Candlestick\n• Gold Price Prediction – Prices Edge Higher and Close up More than 2.5% for the Week\n• The Weekly Wrap – Central Banks, COVID-19, and Geopolitics Tested the Markets\n• E-mini S&P 500 Index (ES) Futures Technical Analysis – Trading on Weak Side of Resistance Area', 'Nils Petter Nilsson/Ombrello/Getty Images for The Sime Awards In the trailer for First Kid , the forgettable 1996 comedy about a Secret Service agent assigned to protect the president’s son, the title character, played by a teenage Brock Pierce, describes himself as “definitely the most powerful kid in the universe.” Now, the former child star is running to be the most powerful man in the world, as an Independent candidate for President of the United States. Before First Kid , the Minnesota-born actor secured roles in a series of PG-rated comedies, playing a young Emilio Estevez in The Mighty Ducks , before graduating to smaller parts in movies like Problem Child 3: Junior in Love . When his screen time shrunk, Pierce retired from acting for a real executive role: co-founding the video production start-up Digital Entertainment Network (DEN) alongside businessman Marc Collins-Rector. At age 17, Pierce served as its vice president, taking in a base salary of $250,000. DEN became “the poster child for dot-com excesses,” raising more than $60 million in seed investments and plotting a $75 million IPO. But it turned into a shorthand for something else when, in October of 1999, the three co-founders suddenly resigned. That month, a New Jersey man filed a lawsuit alleging Collins-Rector had molested him for three years beginning when he was 13 years old. The following summer, three teens filed a sexual-abuse lawsuit against Pierce, Collins-Rector, and their third co-founder, Chad Shackley. The plaintiffs later dropped their case against Pierce (he made a payment of $21,600 to one of their lawyers) and Shackley. But after a federal grand jury indicted Collins-Rector on criminal charges in 2000, the DEN founders left the country. When Interpol arrested them in 2002, they said they had confiscated “guns, machetes, and child pornography” from the trio’s beach villa in Spain. While abroad, Pierce had pivoted to a new venture: Internet Gaming Entertainment, which sold virtual accessories in multiplayer online role-playing games to those desperate to pay, as one Wired reporter put it, “as much as $1,800 for an eight-piece suit of Skyshatter chain mail” rather than earn it in the games themselves. In 2005, a 25-year-old Pierce hired then-Goldman Sachs banker Steve Bannon—just before he would co-found Breitbart News. Two years later, after a World of Warcraft player sued the company for “ diminishing ” the fun of the game, Steve Bannon replaced Pierce as CEO. Story continues The ‘Varsity Blues’ Screenwriter’s Cold-Blooded Crusade Against L.A.’s Homeless Collins-Rector eventually pleaded guilty to eight charges of child enticement and registered as a sex offender. In the years that followed, Pierce waded into the gonzo economy of cryptocurrencies, where he overlapped more than once with Jeffrey Epstein, **Last 60 Days of Bitcoin's Closing Prices:** [9525.36, 9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-20 **Financial & Commodity Data:** - Gold Closing Price: $1952.10 - Crude Oil Closing Price: $41.11 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $200,249,628,131 - Hash Rate: 135165071.8298032 - Transaction Count: 259095.0 - Unique Addresses: 535691.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.52 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: With the first half of 2020 in the books and the second-quarter earnings season in full swing, it looks as if global markets are starting to return to some semblance of normalcy. The CBOE Volatility Index is nearing its lowest point since February 24, when Covid-19 fears first swept through Wall Street. And on OTC Markets, trading volume has started to recede back to pre-March levels. With the exception of the OTCQB Venture Market, which just experienced its highest volume month of the year in June, trading volume on the OTCQX Best Market and Pink Current Information Market have reverted back to levels in-line with typical activity. Here are four other takeaways from first-half trading activity on OTC Markets. Elevated Volume Was A Theme Through 2020’s halfway mark, total dollar volume on OTC Markets was about $224.6 billion, up 32% on a year-over-year basis. Unsurprisingly, March was the highest volume month as investors digested the implications of a pandemic and economic crisis. Nearly 25% of the total year-to-date dollar volume on OTC Markets occurred in March. As A Whole, Venture Companies Outperformed Of the nine indexes that track the broad-based performance of securities on OTC Markets, the benchmark with the best performance in the first half was the OTCQB Index, which fell 5.36% from the end of 2019. In addition to early stage venture companies, the OTCQB market is home to many metals and miners, which are typically seen as safe-haven assets during times of market turmoil. This was followed by the OTCQX Dividend Index, a benchmark of all the OTCQX members that pay a regular dividend, which fell 8.19%. There Were 115 New Companies On OTCQX And OTCQB This includes companies from across the economic landscape, specifically community banks, miners, and venture stage biotechs. The 115 new QX and QB securities figure is on par with prior year totals, a sign that businesses still see the U.S. capital markets as a viable option for raising capital in 2020. Story continues The average year-to-date gain of these new securities in the first half of 2020 was 20.84%. Roche And GBTC Were The Most Actively Traded Names Through June, Roche Holding Ltd (OTCQX: RHHBY ) was the only security on the OTCQX Best Market, the top tier of OTC Markets, to exceed $10 billion in dollar volume. In keeping with the trend from 2019, Roche and GBTC were far and away the two most actively traded securities on the market through the first six months. Below is a list of the top 10 most actively traded securities on the OTCQX tier of OTC Markets in the first half: Roche Holding Ltd (OTCQX: RHHBY, RHHBF, RHHVF) $12,594,906,931 $297.4 billion Grayscale Bitcoin Trust (OTCQX: GBTC ) $6,389,893,871 $5.2 billion Danone (OTCQX: DANOY, GPDNF) $1,854,398,826 $45.7 billion adidas AG (OTCQX: ADDYY, ADDDF) $1,283,167,427 $54.7 billion BNP Paribas (OTCQX: BNPQY, BNPQF) $1,040,232,206 $50 billion BASF SE (OTCQX: BASFY, BFFAF) $778,893,311 $50.3 billion Imperial Brands PLC (OTCQX: IMBBY,IMBBF) $765,614,985 $15.8 billion AXA (OTCQX: AXAHY, AXAHF) $762,624,422 $48.3 billion Infineon Technologies AG (OTCQX: IFNNY, IFNNF) $694,588,314 $30.8 billion Koninklijke Ahold Delhaize N.V. (OTCQX: ADRNY, AHODF) $612,063,744 $1.06 billion *As of July 31, 2020 Image: Roche See more from Benzinga With Gold And Silver On Fire, 23 Metals & Mining Executives Set To Give Investor Update This Week Trading Activity In Emerging Names Increased On OTC Markets In June Fintech Trends To Watch Out For In The Second Half Of 2020 © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): [['u/AutoModerator', '[Daily Discussion] Sunday, September 20, 2020', 37, '2020-09-20 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/iw70q5/daily_discussion_sunday_september_20_2020/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n**Other ways to interact:**\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/iw70q5/daily_discussion_sunday_september_20_2020/', 'iw70q5', [['u/TheHighFlyer', 14, '2020-09-20 09:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/iw70q5/daily_discussion_sunday_september_20_2020/g5y1cda/', 'Desparate bear. These times are gone in this cycle.\n\nYou go better get some salmon', 'iw70q5'], ['u/Kheran', 11, '2020-09-20 10:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/iw70q5/daily_discussion_sunday_september_20_2020/g5yb35e/', 'Molesteum (KID) 🤔', 'iw70q5'], ['u/diydude2', 23, '2020-09-20 16:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/iw70q5/daily_discussion_sunday_september_20_2020/g5zdxmf/', "We've been over 10K for almost two months, the longest such streak since Dec. 2017-Jan. 2018. There's no reason to think we're going to be falling under 10K ever again as it appears to be a floor rather than a ceiling now.\n\nThis is looking more and more like late 2016. Halvening math is real.", 'iw70q5'], ['u/bringing_back_thebit', 13, '2020-09-20 18:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/iw70q5/daily_discussion_sunday_september_20_2020/g5ztu3m/', "Does this theory hold up?\n\nBtc used to be correlated to the stock market. However let's say it's now correlated to the dollar (DXY) but inversely. So....S&P goes down, which means more people are selling their stocks which in turn means more actual dollars in circulating supply. The M2 graph showing the velocity of money, currently at an all time low, starts ticking upwards. This in turn means the value of the dollar (DXY) starts falling as more fiat in circulation now, which in turn has in increase in the price of btc. Therefore maybe a downturn in the S&P is actually good for bitcoin, not bad.\n\nBut what do I know. I'm just a sax player from England.", 'iw70q5'], ['u/diydude2', 12, '2020-09-20 19:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/iw70q5/daily_discussion_sunday_september_20_2020/g5zz9d7/', "Shorty can't even pull off his signature Sunday Morning Sucker Punch Dump anymore. Bull market confirmed.\n\nMy guess is maybe we bounce off 10.8 a few more times, then head up bigly.", 'iw70q5']]], ['u/MakerOfMillionaires', '[Draw #58] We have our comments, and soon we’ll have our winner!', 425, '2020-09-20 08:29', 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/', "#**Alright.**\n\n***\n\n**TL;DR - This post is for the sole purpose of choosing a winner. If you commented in this [[Drawing Thread]](https://old.reddit.com/r/millionairemakers/comments/ivgnwd/drawing_thread_58_septembers_here_and_with_it/), you are entered in the drawing and don't need to do anything else. By 16:00 UTC, the winner will be selected. The Bitcoin (BTC) blockchain will be used to pick this winner. This can be verified at any device running Python 3.5, and you do not need to own Bitcoin in order to participate.**\n\n**Additionally, all information to replicate the Drawing at home is available on Dropbox and GitHub, scroll down for more information.**\n\n**Importantly, this post WILL NOT BE EDITED in order to keep the integrity of the Drawing. To verify this, there will not be an asterisk during the time passed since its creation. The winner will be announced in a stickied comment.**\n\n***\n\n**DISCLAIMER:** *Some of the information may be unrevised, but procedures are the same as prior draws. Thank you.*\n\n***\n\n**Off Topic:**\n\nThe **[Discussion]** Thread at /r/millionairemakersmeta is open. All comments are welcome there for any inquiries.\n\n**[Discussion for Fall and Winter 2020-2021]:** https://old.reddit.com/r/millionairemakersmeta/comments/iw8mse/_/\n\n***\n\n**Explanation!**\n\nThe Bitcoin (BTC) blockchain will be used to choose a winner. Once the time listed has passed, there will be an active check to determine the blockchain's winning hash. Like before, this subreddit will wait for the **3^rd Block** after the time (being 16:00 UTC) to select the winner.\n\nIf a block is discovered by 15:59 UTC, it will not be counted towards the counter of three blocks. If it's discovered by 16:00:00 UTC, then it will decrease the counter. This can be checked by seeing the timestamp given to it by blockchain explorers.\n\nYou are able to see how this subreddit will verify the winner by checking the GitHub repository, which also includes a back-up plan in case of an emergency.\n\n***\n\n**Standard Protocol:**\n\n*This post will not be edited!* This is to prevent tampering of the hash or files by any of the moderators. To prove this, look for the lack of an asterisk near the time since creation.\n\nTo verify if a hash for a file is that of Draw #58, upload the file of choice to a SHA-256 generator, and match it with its respective hash output. The result you receive should be the same as what is listed here.\n\nIf you are interested in doing this for yourself, download Python 3.5 or better and follow the path to the folder labeled: *MM58*\n\n***\n\n**Status Reports:**\n\nI will be commenting on the progress of the drawing via the comments, so other users can keep track of the progress. These comments will be pinned at the top of the post and be distinguished. Most likely, after 1:00 PM ET, the pinned comment will be announcing the winner.\n\nIf you can run Python yourself and follow the instructions, you will be able to find the winner. Make sure the hash released from the blockchain and the total number of participants match with what is described below. In addition, thank you for your patience.\n\n***\n\n**Information Used For Draw #58:**\n\n GitHub Repository: https://github.com/lilfruini/CommentGathering-MillionaireMakers/tree/master/MM58\n\n SHA-256 of Comment IDs: 965c2c672cdcb28ac73f5bd866fc32403b8c7c8c94ffbb5c7e7ab93dccae8b58\n SHA-256 of Authors: 62f3f887c55f6b6cffa3c3031c7a29ab25da8a653b327f4367ca914d92c8d866\n SHA-256 of DQed Age: a05064a8c85ee95f48a4ac9f8f5b5562005a7dd9057bc8fa72bb7c3bfb785d08\n SHA-256 of Multiple Posters: 1972757669a1deea8c21f97b2eed5bd191e75eb31b0cef24428ab4f1eede8649\n SHA-256 of Truncated IDs: 1d66d36bb98ed5a8547209b2270bd72caa6d61276469aeb336cd64f628e5dcdc\n\n Block Selection: The Third Bitcoin Block After 20 September 2020 - 16:00:00 UTC\n Total Participants: 7,468", 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/', 'iw8pvc', [['u/Aequinoxium', 15, '2020-09-20 08:33', 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/g5xwajs/', 'Good luck to all!', 'iw8pvc'], ['u/Iblaka', 10, '2020-09-20 08:34', 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/g5xwcft/', 'Good luck guys!', 'iw8pvc'], ['u/FewWill', 13, '2020-09-20 08:44', 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/g5xxeh8/', 'Comment 13. Good luck?', 'iw8pvc'], ['u/YeahTinyRuck', 16, '2020-09-20 09:01', 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/g5xzf3p/', "Good luck y'all. I hope whoever wins has a better year than most of us are having. I hope it helps.", 'iw8pvc'], ['u/AskMeAboutMyMom', 16, '2020-09-20 09:07', 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/g5y0emw/', 'I’m gonna put my money on me not winning 😂', 'iw8pvc'], ['u/elle-mnop', 40, '2020-09-20 09:24', 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/g5y2tmr/', 'Good luck everyone!!', 'iw8pvc'], ['u/ChandlerMc', 16, '2020-09-20 14:22', 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/g5yweeg/', 'Hey! Hope you and your students greatly benefitted from your win. Did you tell them about us reddit weirdos? What was your final total?', 'iw8pvc'], ['u/lbaumbe', 45, '2020-09-20 20:36', 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/g60fhj5/', 'Oh my god I can’t believe this!!! Thank you everyone!!', 'iw8pvc']]], ['u/rBitcoinMod', 'Daily Discussion, September 20, 2020', 24, '2020-09-20 09:00', 'https://www.reddit.com/r/Bitcoin/comments/iw925w/daily_discussion_september_20_2020/', "Please utilize this sticky thread for all general **Bitcoin** discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thre... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, fell by 1.47% on Sunday. Reversing a 1.29% gain from Saturday, Bitcoin ended week up by 5.84% to $10,934.5. It was a bearish start to the day. Bitcoin slid from an early morning intraday high $11,098.0 to a late afternoon intraday low $10,779.0. Bitcoin fell through the first major support level at $10,950 and the second major support level at $10,803. Finding late support, however, Bitcoin broke back through the second major support level to wrap up the day at $10,930 levels. The near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish end to the week. Bitcoin Cash SV and Tezos led the way down, with losses of 4.78% and 4.11% respectively. Binance Coin (-3.05%), Bitcoin Cash ABC (-3.60%), and Ethereum (-3.78%) weren’t far behind. Cardano’s ADA (-2.17%), EOS (-1.05%), Litecoin (-2.89%), Monero’s XMR (-1.72%), Ripple’s XRP (-1.79%), Stellar’s Lumen (-2.16%), and Tron’s TRX (-2.14%) saw relatively modest losses. It was a mixed week for the crypto majors, however. Bitcoin Cash ABC (+1.58%), Ethereum (+1.12%), Monero’s XMR (+8.00%), and Ripple’s XRP (+1.83%) bucked the trend in the week. It was a bearish week for the rest of the pack. Binance Coin (-15.52%), Tezos (-15.40%), and Tron’s TRX (-11.84%) led the way down. Bitcoin Cash SV (-6.01%), Cardano’s ADA (-6.07%), EOS (-2.07%), Litecoin (-2.28%), and Stellar’s Lumen (-3.85%) also saw red. In the week, the crypto total market fell to a Monday low $314.21bn before rising to a Saturday high $341.59bn. At the time of writing, the total market cap stood at $330.57bn. Bitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 61.25%. Story continues This Morning At the time of writing, Bitcoin was up by 0.30% to $10,967.0. A mixed start to the day saw Bitcoin fall to an early morning low $10,917.0 before rising to a high $10,967.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin (-0.25%), Bitcoin Cash SV (-0.59%), EOS (-0.19%), Litecoin (-0.23%), Monero’s XMR (-0.36%), Ripple’s XRP (-0.22%), and Tezos (-0.19%) saw early losses. It was a relatively bullish day for the rest of the pack, however. At the time of writing, Tron’s TRX was up by 0.62% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the $10,937 pivot level to support a run at the first major resistance level at $11,095. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,000 levels. Barring an extended crypto rally, the first major resistance level and Sunday high $11,098 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,256 before any pullback. Failure to avoid a fall back through the $10,937 pivot would bring the first major support level at $10,776 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 levels. The second major support level at $10,618 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – Private Sector PMIs, Powell, Geopolitics, and COVID-19 in Focus Geopolitics Keeps the Pound and the Dollar in Focus, with Lagarde to Test the EUR Later Oil Price Fundamental Weekly Forecast – Bearish Demand Outlook Should Outweigh Hurricane-led Production Issues U.S Mortgage Rates Hold Steady thanks to the Dovish FED Natural Gas Price Fundamental Weekly Forecast – Next Major Move Hinges Upon LNG Demand Ericsson to Buy U.S. Networking Company Cradlepoint for $1.1 Billion; Target Price SEK 110', 'Bitcoin, BTC to USD, fell by 1.47% on Sunday. Reversing a 1.29% gain from Saturday, Bitcoin ended week up by 5.84% to $10,934.5. It was a bearish start to the day. Bitcoin slid from an early morning intraday high $11,098.0 to a late afternoon intraday low $10,779.0. Bitcoin fell through the first major support level at $10,950 and the second major support level at $10,803. Finding late support, however, Bitcoin broke back through the second major support level to wrap up the day at $10,930 levels. The near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish end to the week. Bitcoin Cash SV and Tezos led the way down, with losses of 4.78% and 4.11% respectively. Binance Coin (-3.05%), Bitcoin Cash ABC (-3.60%), and Ethereum (-3.78%) weren’t far behind. Cardano’s ADA (-2.17%), EOS (-1.05%), Litecoin (-2.89%), Monero’s XMR (-1.72%), Ripple’s XRP (-1.79%), Stellar’s Lumen (-2.16%), and Tron’s TRX (-2.14%) saw relatively modest losses. It was a mixed week for the crypto majors, however. Bitcoin Cash ABC (+1.58%), Ethereum (+1.12%), Monero’s XMR (+8.00%), and Ripple’s XRP (+1.83%) bucked the trend in the week. It was a bearish week for the rest of the pack. Binance Coin (-15.52%), Tezos (-15.40%), and Tron’s TRX (-11.84%) led the way down. Bitcoin Cash SV (-6.01%), Cardano’s ADA (-6.07%), EOS (-2.07%), Litecoin (-2.28%), and Stellar’s Lumen (-3.85%) also saw red. In the week, the crypto total market fell to a Monday low $314.21bn before rising to a Saturday high $341.59bn. At the time of writing, the total market cap stood at $330.57bn. Bitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 61.25%. Story continues This Morning At the time of writing, Bitcoin was up by 0.30% to $10,967.0. A mixed start to the day saw Bitcoin fall to an early morning low $10,917.0 before rising to a high $10,967.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin (-0.25%), Bitcoin Cash SV (-0.59%), EOS (-0.19%), Litecoin (-0.23%), Monero’s XMR (-0.36%), Ripple’s XRP (-0.22%), and Tezos (-0.19%) saw early losses. It was a relatively bullish day for the rest of the pack, however. At the time of writing, Tron’s TRX was up by 0.62% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the $10,937 pivot level to support a run at the first major resistance level at $11,095. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,000 levels. Barring an extended crypto rally, the first major resistance level and Sunday high $11,098 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,256 before any pullback. Failure to avoid a fall back through the $10,937 pivot would bring the first major support level at $10,776 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 levels. The second major support level at $10,618 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – Private Sector PMIs, Powell, Geopolitics, and COVID-19 in Focus Geopolitics Keeps the Pound and the Dollar in Focus, with Lagarde to Test the EUR Later Oil Price Fundamental Weekly Forecast – Bearish Demand Outlook Should Outweigh Hurricane-led Production Issues U.S Mortgage Rates Hold Steady thanks to the Dovish FED Natural Gas Price Fundamental Weekly Forecast – Next Major Move Hinges Upon LNG Demand Ericsson to Buy U.S. Networking Company Cradlepoint for $1.1 Billion; Target Price SEK 110', 'ECB President Lagarde Speaks\nEurozone Flash Consumer Confidence\nGfK German Consumer Climate (Oct)\nSpanish GDP (QoQ) (Q2)\nFrench Manufacturing PMI (Sep) Prelim\nFrench Services PMI (Sep) Prelim\nGerman Manufacturing PMI (Sep) Prelim\nGerman Services PMI (Sep) Prelim\nEurozone Manufacturing PMI (Sep) Prelim\nEurozone Markit Composite PMI (Sep) Prelim\nEurozone Services PMI (Sep) Prelim\nGerman IFO Business Climate Index (Sep)\nIt was a bearish end to the week for the European majors on Friday. The CAC40 slid by 1.22%, with the DAX30 and EuroStoxx600 ending the day with losses of 0.70% and 0.66% respectively.\nA fresh spike in new COVID-19 cases across EU member states weighed on the European majors on the day.\nAhead of the European session, the WHO had warned of a “very serious situation” developing in Europe. In a bid to revive consumption and tourism, governments have been active in reopening the respective economies.\nWith a reliance on consumption to deliver an economic recovery, the latest spikes raise the chances of fresh lockdown measures.\nAdding further pressures on the majors at the end of the week were Brexit and U.S – China tensions.\nIt was yet another quiet day on theEurozone economic calendar. Key stats included August wholesale inflation figures from Germany.\nGermany’s producer price index stalled in August, after having risen by 0.20% in July. Whilst beating forecasts of a 0.1% decline, market jitters over deflationary pressures tested the majors going into the European open.\nWith stats on the lighter side, there was little to distract the markets from the latest U.S-China spat, Brexit, and COVID-19, however.\nKey stats included prelim September consumer sentiment and expectations figures.\nWhile both stats were skewed to the positive, both indicators remained well below pre-pandemic levels.\nIn September, the Michigan Consumer Sentiment Index rose from 74.1 to 78.9, according to prelim figures. While coming in ahead of a forecasted 75.0, the indicator had stood at 101.0 for January.\nFor the DAX:It was a bearish day for the auto sector on Friday.ContinentalandVolkswagenslid by 3.97% and by 3.52% respectively.BMWandDaimlersa **Last 60 Days of Bitcoin's Closing Prices:** [9581.07, 9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-21 **Financial & Commodity Data:** - Gold Closing Price: $1901.20 - Crude Oil Closing Price: $39.31 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $200,249,628,131 - Hash Rate: 139219832.7594406 - Transaction Count: 297605.0 - Unique Addresses: 644695.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.48 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Filecoin might be the most complex thing the blockchain industry has ever brought to market. The Web 3.0 data-storage project, funded by a $257 million initial coin offering that closed inSeptember 2017, has been building out its technology ever since. While Filecoin has been quieter than most over that time, Filecoin is currently wrapping up a very active incentivized testnet calledSpace Race. There are 1.5 million FIL tokens allocated to testnet participants, though it’s hard to assess the value of that offer when the company has refused to discuss details that might inform FIL’s underlying price. Nonetheless, this testnet has been quite popular. Related:Internet 2030: The Future and How We Get There “Miners are learning a ton,” Filecoin’s Ian Darrow told CoinDesk. More than $100 million worth of hardware has come online to serve the testnet, he said. More than 200pebibytesof data capacity has been proven. “Overall, it’s exceeded expectations,” Darrow said. There are futures markets for the forthcoming token, too.Gate.iois currently trading futures at $18.50 inUSDTas of this writing. In a recent investor letter, Pantera Capital said that Filecoin futures were “trading well above our cost basis.” Filecoin’s creator Juan Benet hasa bright visionfor the future of the web, and thus the Filecoin network aims to be a next-generation marketplace for data storage and retrieval, potentially competing with the web giants that control the data storage space – Amazon, Microsoft and Google – and content delivery networks like Cloudflare. Sept. 15, 2020 | 4 p.m. ETWe’re hosting a conversation with Filecoin founder Juan Benet, Filecoin project lead Colin Evran, Ethereum co-founder Joe Lubin and CoinDesk senior reporter Brady Dale.Watch it live onCoinDesk.com,TwitterorYouTube. Related:What Is Yearn Finance? The DeFi Gateway Everyone Is Talking About While it’s true the cost of storage has only trended down and selling storage has effectively made it a commodity product, the Filecoin thesis is two-fold: • Demand for data storage will soon skyrocket. • There will be demand for a new kind of storage, one that can prove redundancy and accessibility. The lastFilecoin roadmap updatethat addressed mainnet launch said it would happen in mid- to late September. When we spoke to Darrow he said this was still on track. “Unlike centralized cloud storage services, which back up data in ways clients can’t change or verify, Filecoin allows clients to easily express their own preferences for reliability and cost,” a new document released ahead of the network launch,Engineering Filecoin’s Economy, explains. It goes into several key elements of the new system. Here are some of the main takeaways. “One thing that I don’t think was super-well understood before this came out is the mechanics and the rationale around how miner collateral works in Filecoin,” Darrow said. Mining on Filecoin is largely about providing storage space using traditional storage systems. This is commodity hardware. Almost anyone with an internet connection can participate. A quality one-terabyte hard drive can be purchased for around $50, though most entities participating will put up vastly more than that. The point being that Filecoin does not enjoy the expensiveness of specialized hardware (such as Bitcoin or Ethereum ASICs) as a way to discourage unserious participants, so it needs to require a slashable stake in order to prevent malicious actors from accepting deals for terms they don’t honor. The Filecoin system requires upfront collateral. Block rewards are also subject to vesting, in order to help ensure participants stick around long enough to honor commitments. Filecoin wants the storage capacity of the network to grow, but without inducing an ugly “Day 1 gold rush,” said Darrow. “There’s this really nasty incentive for people to pile in early,” Darrow said of other projects. “Mining rewards are the highest early, total mining power is the lowest, so you attract a lot of people who are bouncing from project to project.” Filecoin has a pre-set growth schedule for storage capacity and 70% of the mining rewards are tied to that baseline. If the network hasn’t hit that target, then block rewards are reduced to the proportion it has achieved. The idea, Darrow explained, is to lessen the first-mover advantage. “Because the network reward grows as mining power grows, it matters less when a miner enters the network,” he said via email. “The overall result is that Filecoin rewards to miners more closely match the utility they, and the network as a whole, provide to clients,” the “Economy” document states. Filecoin increases the baseline 200% annually, only giving the community an option to slow its growth down once the network reaches over 1% of global storage. Based on the experience with the Space Race, Darrow said, “It seems like we won’t have trouble hitting pretty gaudy numbers in the first year.” One of the features that might seem strange about Filecoin at the outset is that participants can earn rewards for storing nothing. This is referred to as committed capacity. It’s effectively empty space that has nevertheless received the Filecoin cryptographic treatment and is getting logged and rewarded on the system. At first blush, this might not make any sense, but it’s a matter of having some room in the system. “What you don’t want is a network where there’s no extra capacity available or you don’t know extra capacity is available,” Darrow said. Further, because all nodes are also participating in securing the Filecoin blockchain, they are contributing to consensus. That said, Filecoin doesn’t want that many participants to commit empty blocks, so an incentive system has been created to push folks to find real clients. Serving verified clients earns significantly higher block rewards. These are real companies with real needs making real deals for data. The idea is it won’t be that hard to become a verified client, but its business should be significantly more attractive to those on the network. “Verified clients are certified by a decentralized network of verifiers,” the new document explains. This will be a set of large, recognizable entities in the ecosystem, Darrow said, though the list is not public. It will be groups such as: nonprofits that do a lot of data storage, academic entities and the major foundations of the blockchain world. Storing verified client data will receive higher block rewards than unverified data or empty blocks (since it is encrypted, the Filecoin network cannot tell the difference between the two). In fact, Filecoin has already beenseeding the worldwith verified data. Because verified data is so attractive, Darrow said the team expects miners will do business-development work to try to secure deals with verified clients, helping to improve overall competitiveness across the system. Filecoin is usually described as entering the space of Amazon Web Services or Dropbox, but it’s a bit more disruptive than that. Filecoin also seeks to account for content delivery network (CDN) services as well. The most famous CDN is probably Cloudflare, and these networks fulfill a surprising role on the internet. Data moves fast but the world is big, and it’s still true that a file closer to a user gets there noticeably faster than one that’s further away. Most stored data never gets touched and so will never need these services, but some stored data becomes very popular. For such popular data, companies can provide retrieval services, meaning they would get paid for serving the data to customers. An example Darrow gave was when a certain video goes viral. A CDN could cache copies of that video all over the world and bid for the chance to serve it to viewers. These additional copies would not count toward the copies the client had paid to keep securely on Filecoin, but they could be used in a retrieval market. In many if not most cases, Darrow said, the storage providers will also provide the retrieval services, but there are likely to be cases in which it makes sense for CDN-like entities to step in for certain files. Clients pay for storage in FIL, which is volatile. The Filecoin system requires storage clients to commit their payments upfront over the life of a deal, though miners will only get paid if they meet their commitment. The “Economy” document illuminates the advantages of this arrangement: “In addition to collateral commitments from both parties, there’s also a deal payment from client to miner. This payment is initially locked by the client when the deal is incorporated into the blockchain; as a result, the client’s exposure to Filecoin price volatility ends the moment they enter into a storage deal. Payment is released to the miner as some fraction of the total deal fee per payment period.” On the other hand, many storage clients may be accustomed to paying as they go rather than paying a lump sum at the beginning. Darrow said the trade-off here is they only pay for what they need. As money on the internet becomes more complex, this will also likely present an opportunity for third parties to finance upfront payments for companies that want to use Filecoin but pay at flexible regular intervals. One of the most important facets of Filecoin to understand is that it relies on a concept called content addressing. Most addressing on the internet relies on locations. Go to a URL and see the thing you want there. As the internet ages, more and more of these links are dead. Called “link rot,” there’sa growing pushamong bloggers to link to archives rather than the original sources. Filecoin points to content, not location, though, which means it might be found in any number of places. Filecoin takes this a step further and also cryptographically proves the uniqueness of each copy. So if a client wanted to know there were 101 copies of file all around the world, they could use proofs to verify both that each copy was unique and that they were well d... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['The federal agency that oversees banks issued a letter on Monday that gives financial institutions a green light to hold reserves to support so-calledstablecoins—digital currencies similar to Bitcoin that are backed on a one-to-one basis by real-world money.\nWhile stablecoins have existed for years, their popularity has soared in recent months both in cryptocurrency circles and among businesses that have embraced them as an efficient way to settle international transactions.\nInits letter, the Office of the Comptroller of the Currency (OCC) stated that U.S. banks can lawfully hold the fiat currency reserves of companies that issue stablecoins, provided those firms comply with federal banking laws.\nAccording to Jeremy Allaire, the CEO of cryptocurrency firm Circle—which has issued a stablecoin called USDC alongside crypto giant Coinbase—the letter will provide legal cover for tech and finance companies that are experimenting with stablecoins.\nAllaire pointed in particular toFacebook, which is backing a consortiumcalled Librathat plans to issue a global digital currency that will be backed by U.S. dollars or by a basket of major currencies. Allaire also suggested that companies like Square, whose CEO has expressedstrong supportfor cryptocurrency, are likely to make stablecoins part of their operations in 2021.\nA spokesperson for Libra declined to comment on the OCC news. Square did not immediately reply to a request for comment.\nThe OCC letter is not transformative in that some U.S. banks already hold stablecoin reserves. These includeU.S. Bancorp, which holds more than $2 billion of reserves that back the USDC stablecoin.\nAllaire, though, says the letter will provide assurance to other banks—some of whom remain skittish about cryptocurrency ventures. He says that as stablecoin use expands and more companies seek to issue their own stablecoins, the presence of additional banks will be essential.\nIn its letter, the OCC qualified its support for stablecoins by noting that it applied only to ventures that comply with regulations such as know-your-customer laws, and which permit regular audits of their reserves. This would seem to exclude exotic stablecoins like Dai that are supported in part by algorithms, as well as Tether. The latter is the most popular stablecoin project, but it has been dogged by complaints about its lack of transparency.\nThe OCC’s pronouncement on stablecoins comes two months after the regulatoropened the doorfor banks to store cryptocurrencies like Bitcoin on their customers’ behalf.\n• Meet Snowflake,one of the buzziest tech IPOs ever\n• Book recommendationsfrom Fortune’s 40 under 40 in finance\n• Commentary: Why the Democratic Party mustmake a clean break with Wall Street\n• ADP, the biggest U.S. payroll service,won’t implement Trump’s “tax holiday”for some clients\n• Fortune’s 202040 Under 40\nThis story was originally featured onFortune.com', 'The federal agency that oversees banks issued a letter on Monday that gives financial institutions a green light to hold reserves to support so-called stablecoins —digital currencies similar to Bitcoin that are backed on a one-to-one basis by real-world money. While stablecoins have existed for years, their popularity has soared in recent months both in cryptocurrency circles and among businesses that have embraced them as an efficient way to settle international transactions. In its letter , the Office of the Comptroller of the Currency (OCC) stated that U.S. banks can lawfully hold the fiat currency reserves of companies that issue stablecoins, provided those firms comply with federal banking laws. According to Jeremy Allaire, the CEO of cryptocurrency firm Circle—which has issued a stablecoin called USDC alongside crypto giant Coinbase—the letter will provide legal cover for tech and finance companies that are experimenting with stablecoins. Allaire pointed in particular to Facebook , which is backing a consortium called Libra that plans to issue a global digital currency that will be backed by U.S. dollars or by a basket of major currencies. Allaire also suggested that companies like Square, whose CEO has expressed strong support for cryptocurrency, are likely to make stablecoins part of their operations in 2021. A spokesperson for Libra declined to comment on the OCC news. Square did not immediately reply to a request for comment. The OCC letter is not transformative in that some U.S. banks already hold stablecoin reserves. These include U.S. Bancorp , which holds more than $2 billion of reserves that back the USDC stablecoin. Allaire, though, says the letter will provide assurance to other banks—some of whom remain skittish about cryptocurrency ventures. He says that as stablecoin use expands and more companies seek to issue their own stablecoins, the presence of additional banks will be essential. In its letter, the OCC qualified its support for stablecoins by noting that it applied only to ventures that comply with regulations such as know-your-customer laws, and which permit regular audits of their reserves. This would seem to exclude exotic stablecoins like Dai that are supported in part by algorithms, as well as Tether. The latter is the most popular stablecoin project, but it has been dogged by complaints about its lack of transparency. The OCC’s pronouncement on stablecoins comes two months after the regulator opened the door for banks to store cryptocurrencies like Bitcoin on their customers’ behalf. Story continues More must-read finance coverage from Fortune : Meet Snowflake, one of the buzziest tech IPOs ever Book recommendations from Fortune’s 40 under 40 in finance Commentary: Why the Democratic Party must make a clean break with Wall Street ADP, the biggest U.S. payroll service, won’t implement Trump’s “tax holiday” for some clients Fortune’s 2020 40 Under 40 This story was originally featured on Fortune.com View comments', 'YuanPay Group YuanPay Group YuanPay Group LONDON, Sept. 22, 2020 (GLOBE NEWSWIRE) -- Recently, YuanPay Group has released the research report on Digital Yuan, China\'s Central Bank Digital Currency (CBDC). Digital Yuan is the newest addition to the global digital currency portfolio. It\'s the first currency of its kind that is fully backed and sponsored by a large nation and investors are betting on it skyrocketing. Independent Research Group interviewed over 7,650 investors in the UK and Ireland and found that over 92% considered investing in Digital Yuan and 76% have already invested or are preparing to invest within the next two weeks. With the current financial markets in turmoil, many high-return seeking individuals are turning towards digital currencies. However, none has performed as well as Digital Yuan returning investors 10-times their money in September alone. "With the official government backing, there is little downside risk and the current market conditions are perfect for investment. Major stock indices are down and many of us are turning towards Digital Yuan to get unprecedented returns. This is our chance to invest early and not miss another bitcoin-like opportunity" \x96 a senior hedge fund trader who wished to stay anonymous commented in an interview. "It\'s really impossible to resist this investment opportunity. It\'s the first country-backed digital currency. China is producing a new billionaire every week with its red-hot markets. It has a lot of capital and liquidity so it\'s not a chance to look over" \x96 says Michael Jewles, a famous day-trader and venture capitalist. Bitcoin has gone from less than 0.002$ to 17,000$ which would make a $100 investment now worth $5M. It\'s easy to see why everyone is eager to get on this opportunity. Additionally, Digital Yuan may provide a solution for Chinese long-standing bad debt problem. The country currently has 2.4 trillion yuan ($341 billion) of officially recognized bad debt due to the illegal yet popular practice of obtaining multiple loans pledging the same collateral. Wide adoption in the Chinese economy of the Digital Yuan would drive its value even higher. Story continues "Using smart contracts provided by the Digital Yuan currency, the government of China will be able to track assets and liabilities and to ensure that multiple loans are not taken over the same collateral", says a senior blockchain researcher J. Rothers. The circulation of the currency is controlled by the state any trading can only be performed via authorized brokers. Many investors have been searching for high-potential stocks after the recent pandemic-related crash and this could prove the opportunity of a lifetime for many. Digital Yuan may not only solve China\'s long-standing problems but allow many middle-class individuals to move up the financial ladder through a secure investment strategy. About YuanPay Group LLC YuanPay Group is a leading crypto management and wallet organization. YuanPay Group was created in 2010 and since then they\x92ve been working with banks and other organizations to legalize crypto trading in China and develop relations with external investors. Media contact Company: YuanPay Group LLC Contact Person: Julia König, Media Representative Company Email: [email protected] Website: https://yuanpaygroup.com/ A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/892de615-a336-488f-9a1c-284120ba54a8', 'YuanPay Group YuanPay Group YuanPay Group LONDON, Sept. 22, 2020 (GLOBE NEWSWIRE) -- Recently, YuanPay Group has released the research report on Digital Yuan, China\'s Central Bank Digital Currency (CBDC). Digital Yuan is the newest addition to the global digital currency portfolio. It\'s the first currency of its kind that is fully backed and sponsored by a large nation and investors are betting on it skyrocketing. Independent Research Group interviewed over 7,650 investors in the UK and Ireland and found that over 92% considered investing in Digital Yuan and 76% have already inv **Last 60 Days of Bitcoin's Closing Prices:** [9536.89, 9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-22 **Financial & Commodity Data:** - Gold Closing Price: $1898.60 - Crude Oil Closing Price: $39.60 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $200,249,628,131 - Hash Rate: 123857644.31701957 - Transaction Count: 312989.0 - Unique Addresses: 678668.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.39 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Portfolio outperforms benchmark by 5.31% in April through July, 2020 (strongest bull run for gold in decades) while boasting a Sharpe Ratio of 4.91 ATLANTA, GA / ACCESSWIRE / August 13, 2020 /Lucena Research, a leading provider of investment decision support technology, announced today that it has partnered with Pynk (Pynk.io), a leading crowd intelligence investment platform, to integrate unique crowd intelligence AI into Lucena's model portfolio offerings. The integration combines Pynk's "super-predictor" intelligence with Lucena's advanced predictive analytics platform, QuantDesk(r) for high-confidence forecasting in Gold Futures. Additional assets such as Bitcoin, Nasdaq Index Futures, EUR/USD and FTSE-100 will be available in the near future. Model portfolio targets one-week price target of XAU/USD, one troy ounce of gold, spot price expressed in US Dollars. Sophisticated hedge funds looking to conduct their own research, can purchase historical data directly from Pynk. The model portfolio can be accessed and licensed by hedge funds and portfolio managers from the Lucena Marketplace. Model portfolio is designed to support two main goals: 1. Empirically validate the predictive power of Pynk's data. 2. Provide portfolio construction and investment ideas for investors seeking alpha through predictive data and advanced analytics. The portfolios can be traded algorithmically or provided as data feeds for quantamental investors looking for tighter control of their integration with their EMS/OMS trading platforms. "Our Data Refinery platform was able to leverage advanced machine learning and data science geared to validate the predictive nature of the Pynk's data. By incorporating unsupervised machine learning technique, called clustering, we were able to identify the behavioral characteristics of a "super- predictor'', a Pynk subscriber who consistently delivers highly accurate predictions. We then derive models that transform the data into impressive returns. "We believe Pynk's data is an ideal upgrade for any portfolio with exposure to Gold'' said Erez Katz, CEO of Lucena. "We're excited to be working with Lucena to unlock the inherent value in our unique dataset. We collect data every 24 hours from super-predictors across the globe and Lucena's machine learning techniques help find the Wisdom in the Crowd" said Mark Little, CMO at Pynk. Lucena is in the process of developing additional products in partnership with Pynk. For more information, please feel free to reach out to us at:[email protected]. To learn more about Pynk's data and platform, please reach out to Pynk at: [Pynk's email address…] ABOUT PYNK Pynk is a wealth management platform that uses AI to find the Wisdom in the Crowd ™, making better investment decisions for all. Everyday investors who make regular price predictions enjoy access to a 0% fee managed portfolio powered by our Crowd Wisdom System. Pynk for Business manages money on behalf of Financial Institutions, as well as provides bespoke Crowd Wisdom solutions. Our Headquarters are in London, UK - the fintech centre of Europe. Please visitaltdata.pynk.io/lucenafor more information email Business Development: [email protected]. ABOUT LUCENA RESEARCH Lucena Research is a leading provider of decision support technology for investment professionals including hedge funds, family offices and wealth advisors. Lucena delivers quantitative analysis and statistical machine learning solutions that enable our customers to exploit market opportunities and reduce risk in their portfolios. Our services include: • Refinery enables data providers to validate and transform their data into tradable intelligence • Marketplace provides access to AI-optimized model portfolios and hedge fund grade signals • QuantDesk™ is a strategy development platform for analysts to leverage leading-edge AI and machine learning to create and optimize portfolio performance. Headquartered in Atlanta GA, Lucena supports a wide range of investment professionals worldwide. To learn more about Lucena, please visithttp://www.lucenaresearch.comor email us at:[email protected] SOURCE:Lucena Research, Inc. View source version on accesswire.com:https://www.accesswire.com/601364/Gold-Futures-Model-Portfolio-Powered-By-Pynks-Crowd-Intelligence-Now-Available-For-Licensing-Exclusively-From-Lucena-Research... - Reddit Posts (Sample): [['u/smedsterwho', 'Just for discussion: what percentage of your net worth is in cryptocurrency?', 23, '2020-09-22 01:48', 'https://www.reddit.com/r/CryptoCurrency/comments/ixc9zf/just_for_discussion_what_percentage_of_your_net/', 'Sitting there today, looking at the dip, and thinking "is there any coin you want to buy currently?" I started to look in earnest how much of my "net worth" is in crypto, and whether it\'s a comfortable amount (spoiler: it is).\n\nI\'m 37, with about $40,000 (Australian dollaridoos) to my name. No mortgage or assets, basically I pays my rent and my bills, and my salary comes in each month.\n\nProbably getting used to the idea I won\'t be able to get on the property ladder.\n\nAnyway, I pondered this today. I have about $11k in Cryptos (probably half in bitcoin, and the rest scattered around altcoins where I believe the technology is good), which makes it about 25% of my savings.\n\nThat\'s probably right by me. It\'s below the threshold "I could afford to lose", and below the threshold I might need to convert it to Fiat out of need or emergency.\n\nFrankly, I figure it\'s the comfortable level, for the money I have. I exited the stock market in June (sorry Buffet, although I\'m sure my small contributions did not send shockwaves through the economy), and other than adding a small amount ($100) each week, I don\'t think it\'s the right time to invest that way.\n\nAs I said, no mortgage or appreciable asset to my name. Or kids!\n\nAnd so the rest (let\'s call it $25,000) is in my bank account earning 1%. (Edit: This is only a temporary affair after pulling out of stocks, and deciding where to go next as the world wobbles).\n\nAnyway, that\'s my story, and I\'ve decided I\'m comfortable with 25% (no more) of my savings in crypto - again largely because there\'s no compelling alternatives, and bank interest is very bland.\n\nI wouldn\'t go much higher, but I am fairly comfortable to have moved that amount over in the last two years, and on the whole it\'s appreciated as a store of value by about (napkin maths) 10%.\n\nJust curious on other people\'s thoughts?', 'https://www.reddit.com/r/CryptoCurrency/comments/ixc9zf/just_for_discussion_what_percentage_of_your_net/', 'ixc9zf', [['u/phyx1u5', 13, '2020-09-22 01:57', 'https://www.reddit.com/r/CryptoCurrency/comments/ixc9zf/just_for_discussion_what_percentage_of_your_net/g65wxe1/', "I'm in a similar situation, no debts etc. but I'm putting about 50% into crypto, 25% in savings, and living off the remaining 25%.\n\nmy goal is to get into property should the crypto scene moon to my targets. Over all I'm very bullish on cryptos, but wouldn't be too devastated if it all went tits up.", 'ixc9zf'], ['u/dwin31', 19, '2020-09-22 05:42', 'https://www.reddit.com/r/CryptoCurrency/comments/ixc9zf/just_for_discussion_what_percentage_of_your_net/g66kkx1/', 'Depends on if you were asking today or last week? 🤣😔', 'ixc9zf']]], ['u/ZeusFinder', 'Bitcoin makes me feel like I’m in the resistance.', 128, '2020-09-22 04:55', 'https://www.reddit.com/r/Bitcoin/comments/ixf9f8/bitcoin_makes_me_feel_like_im_in_the_resistance/', 'I often see things like the 1% owns over 50% of the wealth or that 10 companies own and manage all of the food companies and the latest news about banks doing dirty work, again. Bitcoin makes me feel like I’m able to fight the system. It’s my protest. I don’t have to hold the money that has only made people suffer due to the government diluting our dollars. Instead I can be a part of the resistance and manage my own bank, that’s capable of getting more than the insulting .01% interest on my money.', 'https://www.reddit.com/r/Bitcoin/comments/ixf9f8/bitcoin_makes_me_feel_like_im_in_the_resistance/', 'ixf9f8', [['u/etmetm', 21, '2020-09-22 08:22', 'https://www.reddit.com/r/Bitcoin/comments/ixf9f8/bitcoin_makes_me_feel_like_im_in_the_resistance/g66wb5i/', 'Yes, you are. Welcome to the show.', 'ixf9f8'], ['u/Claimintru', 16, '2020-09-22 09:15', 'https://www.reddit.com/r/Bitcoin/comments/ixf9f8/bitcoin_makes_me_feel_like_im_in_the_resistance/g66zily/', "Here's the thing, if you were a loser in the old system. You're gonna be a loser in the new system. A fresh start, new thing etc doesn't change who you are. It just gives you false hope because you're in denial", 'ixf9f8'], ['u/brandansmite', 11, '2020-09-22 10:18', 'https://www.reddit.com/r/Bitcoin/comments/ixf9f8/bitcoin_makes_me_feel_like_im_in_the_resistance/g672ua1/', ".5% of all BTC addresses hold 85% ish of all BTC. If you didn't get btc early you're not getting a lot unless you're a millionaire already.", 'ixf9f8'], ['u/sroose', 22, '2020-09-22 12:46', 'https://www.reddit.com/r/Bitcoin/comments/ixf9f8/bitcoin_makes_me_feel_like_im_in_the_resistance/g67a8jb/', "I don't think that's the case necessarily. Tons of high-value holdings have been lost. Lots of high-value addresses are from companies/holdings that represent multiple users.\n\nAlso the nature of Bitcoin makes it more difficult to make money from money than the traditional financial system does. So those very few ultra-rich Bitcoiners will eventually have to spend their money over the course of several generations. Yes they'll be filthy rich, but no they won't have an easy time extracting money from the rest of the economy to maintain their position.\n\nAlso, Bitcoin is young. The distribution will change before we have any meaningful influence over the world. I'm sure some of the large holders are good-hearted people that will do good things with their money. For the others, I suppose they'll also want to enjoy their own life instead of giving it all to their kids. So I suppose they'll also be spending a bunch over the course of the next 40 years or so.", 'ixf9f8'], ['u/ManyArtichoke', 10, '2020-09-22 14:47', 'https://www.reddit.com/r/Bitcoin/comments/ixf9f8/bitcoin_makes_me_feel_like_im_in_the_resistance/g67isgc/', "Bitcoin does have the potential to help close the huge generational wealth gap that exists in the US. Millenials only own 3% of the nation's wealth, compared to 25% for boomers when they were at this age. \n\nBoomers are basically hoarding all of the nation's wealth and refusing to pass it down via higher wages. Instead we have massive price inflation for education, healthcare, and housing, and stagnant wages that guarantee a lifetime of debt and wage slavery. \n\nBitcoin has the power to distribute more of the wealth to millenials, who buy Bitcoin at a much higher rate than boomers.", 'ixf9f8']]], ['u/aaron0791', 'Ltc vs btc or eth', 58, '2020-09-22 05:14', 'https://www.reddit.com/r/litecoin/comments/ixfjds/ltc_vs_btc_or_eth/', "I just sent $1000 Mexican pesos in eth from bitso to my eth wallet and the network fee was $36 pesos (like $1.5usd). Then I sent $1000 pesos in ltc and I paid $0.01 pesos.\n\nI don't care what the maximalists say. Litecoin beats bitcoin and ethereum. And it is my coin of choice.", 'https://www.reddit.com/r/litecoin/comments/ixfjds/ltc_vs_btc_or_eth/', 'ixfjds', [['u/jorge22f', 21, '2020-09-22 07:57', 'https://www.reddit.com/r/litecoin/comments/ixfjds/ltc_vs_btc_or_eth/g66uqgs/', "It's definitely the best coin to use for transactions", 'ixfjds'], ['u/Thor010', 12, '2020-09-22 08:25', 'https://www.reddit.com/r/litecoin/comments/ixfjds/ltc_vs_btc_or_eth/g66whbk/', 'Long life LTC !', 'ixfjds']]], ['u/quiettimes', 'withdrwal pending for six days', 11, '2020-09-22 05:18', 'https://www.reddit.com/r/CelsiusNetwork/comments/ixflmr/withdrwal_pending_for_six_days/', "So, I tried to get some BTC out of my account and it has just been pending for days. \n\nI've written to support about it and they were responsive but now seem to just ignore me. They just said they were looking into it. Is there anywhere I can go/anyone to reach out to who could potentially help me? \n\nI've been able to do withdrawals since, but that one just stays pending. \n\n​\n\nThanks.", 'https://www.reddit.com/r/CelsiusNetwork/comments/ixflmr/withdrwal_pending_for_six_days/', 'ixflmr', [['u/scoobysi', 10, '2020-09-22 07:28', 'https://www.reddit.com/r/CelsiusNetwork/comments/ixflmr/withdrwal_pending_for_six_days/g66ssw0/', 'Nice fud. Utter bs though. Prove it or close thy cake hole', 'ixflmr'], ['u/mtj89', 11, '2020-09-22 07:36', 'https://www.reddit.com/r/CelsiusNetwork/comments/ixflmr/withdrwal_pending_for_six_days/g66tbde/', '“On a serious note” lol', 'ixflmr']]], ['u/Zectro', "u/deadbeat1000 totally saw the denial of Craig's Motion for Summary Judgment coming", 13, '2020-09-22 05:20', 'https://www.reddit.com/r/bsv/comments/ixfms9/udeadbeat1000_totally_saw_the_denial_of_craigs/', 'In this post I\'m going to go through a selections of quotations from our dear friend u/deadbeat1000 on this score:\n\nFirst his most recent one where he echoes the rationalisation in the latest Coingeek article on this [and says](https://np.reddit.com/r/bitcoincashSV/comments/ix9ido/court_rejects_wright_applications_for_summary/g65dslg/):\n\n>This really comes as no surprise.\n\nSo clearly he saw this coming, right? He didn\'t make a bunch of comments several months back where he seemed certain Craig was going to win this motion? Let\'s find out.\n\n[This quote doesn\'t look good](https://www.reddit.com/r/bitcoincashSV/comments/hyxeaf/exclusive_craig_wrights_exwife_filing_puts/fzg1e15/) (my emphasis added):\n\n>**W&K was formed by CSW\'s wife, Lynn Wright and Dave** in order to enable them to bid on government contracts having nothing to do with mining Bitcoin. And W&K was formed not at a "partnership" but as a Limited Liability Corporation (LLC).\n\n>Therefore, it really should be about shares in a corporation and a corporate structure not an assumed "50:50" partnership. In a corporation there are voting rights and thus before Ira could sue CSW on behalf of W&K, there would have to be a vote by the shareholders. In this case Lynn & Ira as CSW relinquished his stake in the company during his divorce. In other wo... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 1.09% on Tuesday. Partially reversing a 4.57% slide from Monday, Bitcoin ended the day at $10,549.0. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,377.0 before making a move. Steering clear of the first major support level at $10,171, Bitcoin rose to a late intraday high $10,597.0. Falling well short of the first major resistance level at $10,850, Bitcoin eased back to wrap up the day at sub-$10,550 levels. The near-term bullish trend remained intact, supported by the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Tuesday. Binance Coin and Bitcoin Cash SV rallied by 4.02% and by 5.84% respectively to lead the way. Bitcoin Cash ABC (+2.05%), Cardano’s ADA (+1.90%), Ethereum (+1.15%), and Litecoin (+3.15%) also made solid gains. Chainlink (+0.26%), Crypto.com Coin (+0.26%), and Ripple’s XRP (+0.86%) trailed the front runners, however. At the start of the week, the crypto total market rose to a Monday high $334.04bn before sliding to a Monday low $306.69bn. At the time of writing, the total market cap stood at $316.17bn. Bitcoin’s dominance fell to a Monday low 60.89% before rising to a high 62.04%. At the time of writing, Bitcoin’s dominance stood at 61.55%. This Morning At the time of writing, Bitcoin was down by 0.02% to $10,549.6. A mixed start to the day saw Bitcoin fall to an early morning low $10,540.0 before rising to a high $10,555.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Ethereum (-0.27%) and Ripple’s XRP (-0.03%) struggled early on. It was a bullish start for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 1.01% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $10,508 pivot level to support a run at the first major resistance level at $10,638. Story continues Support from the broader market would be needed, however, for Bitcoin to break out from Tuesday’s high $10,597. Barring an extended crypto rally, the first major resistance level and Tuesday’s high would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $10,700 before any pullback. Bitcoin would likely come up short of the second major resistance level at $10,728, however. Failure to avoid a fall through the $10,508 pivot would bring the first major support level at $10,418 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,300 levels and the second major support level at $10,288. This article was originally posted on FX Empire More From FXEMPIRE: AUD/USD and NZD/USD Fundamental Daily Forecast – Aussie Weakens as RBA Considers Various Policy Options AUD/USD and NZD/USD Fundamental Daily Forecast – RBNZ May Be Preparing to Move on Negative OCR Silver Price Forecast – Silver Markets Show Signs of Stability USD/JPY Fundamental Daily Forecast – Hawkish Comments From Fed’s Evans Spook Dollar Bears E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Traders Respecting 26714 – 26162 Economic Data, the FED Chair, COVID-19, and Brexit in Focus', 'Bitcoin, BTC to USD, rose by 1.09% on Tuesday. Partially reversing a 4.57% slide from Monday, Bitcoin ended the day at $10,549.0.\nIt was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,377.0 before making a move.\nSteering clear of the first major support level at $10,171, Bitcoin rose to a late intraday high $10,597.0.\nFalling well short of the first major resistance level at $10,850, Bitcoin eased back to wrap up the day at sub-$10,550 levels.\nThe near-term bullish trend remained intact, supported by the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bullish day on Tuesday.\nBinance Coin and Bitcoin Cash SV rallied by 4.02% and by 5.84% respectively to lead the way.\nBitcoin Cash ABC (+2.05%), Cardano’s ADA (+1.90%), Ethereum (+1.15%), and Litecoin (+3.15%) also made solid gains.\nChainlink (+0.26%), Crypto.com Coin (+0.26%), and Ripple’s XRP (+0.86%) trailed the front runners, however.\nAt the start of the week, the crypto total market rose to a Monday high $334.04bn before sliding to a Monday low $306.69bn. At the time of writing, the total market cap stood at $316.17bn.\nBitcoin’s dominance fell to a Monday low 60.89% before rising to a high 62.04%. At the time of writing, Bitcoin’s dominance stood at 61.55%.\nAt the time of writing, Bitcoin was down by 0.02% to $10,549.6. A mixed start to the day saw Bitcoin fall to an early morning low $10,540.0 before rising to a high $10,555.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nEthereum (-0.27%) and Ripple’s XRP (-0.03%) struggled early on.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Cardano’s ADA was up by 1.01% to lead the way.\nBitcoin would need to avoid a fall through the $10,508 pivot level to support a run at the first major resistance level at $10,638.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Tuesday’s high $10,597.\nBarring an extended crypto rally, the first major resistance level and Tuesday’s high would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test resistance at $10,700 before any pullback. Bitcoin would likely come up short of the second major resistance level at $10,728, however.\nFailure to avoid a fall through the $10,508 pivot would bring the first major support level at $10,418 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,300 levels and the second major support level at $10,288.\nThisarticlewas originally posted on FX Empire\n• AUD/USD and NZD/USD Fundamental Daily Forecast – Aussie Weakens as RBA Considers Various Policy Options\n• AUD/USD and NZD/USD Fundamental Daily Forecast – RBNZ May Be Preparing to Move on Negative OCR\n• Silver Price Forecast – Silver Markets Show Signs of Stability\n• USD/JPY Fundamental Daily Forecast – Hawkish Comments From Fed’s Evans Spook Dollar Bears\n• E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Traders Respecting 26714 – 26162\n• Economic Data, the FED Chair, COVID-19, and Brexit in Focus', 'In this article we will take a closer look at the 10 best cryptocurrency exchanges in 2020. Click to skip ahead and see thetop 3 cryptocurrency exchanges of 2020.\nThe last decade has been a great one for Bitcoin and other cryptocurrencies in general. Aside from witnessing the launch of over three thousand new cryptocurrencies, we have also seen an unprecedented increase in the value of these cryptos.\nThe launch of cryptocurrencies, in general, has led to the development of a plethora of other service apps and companies. One of these service apps is "Cryptocurrency Exchanges". Basically, cryptocurrency exchanges are platforms or third-party applications that allow potential crypto investors to either buy, sell, or trade their cryptocurrencies. This exchange could either be from crypto to crypto or from fiat to crypto.\nPixabay/Public Domain\nWith an increasing number of these crypto exchanges being developed today, most potential crypto investors have had trouble picking out the best exchange to make use of. This is why we have taken it upon ourselves to make a list of some of the best cryptocurrency and Bitcoin exchanges of 2020. Bear in mind that this list has been compiled after extensive research and is based on a number of criteria that include but are definitely not limited to the following;\n• Trading volume\n• The transaction speed\n• The transaction fees charged\n• Number of supported coins\n• Multiple payment methods\nIn our rankings below for the 10 best cryptocurrency exchanges of 2020, each cryptocurrency exchange we listed scores for each criterion and then calculated the total score. That’s why there is a little bit subjectivity in our rankings. If you don’t agree with some of the scores, please leave a comment at the bottom of this article. Here are thebest cryptocurrency exchanges of 2020:\nTrading Volume: 2\nTransaction Speed: 5\nTransaction Fees: 5\nSupported Coins: 5\nPayment Methods: 1\nTotal Score: 18\nDesigned with a modern outlook and backed by a secure platform, this Hong Kong-based exchange is known for distributing 50% of the total revenue received to holders of KuCoin Shares - the native coin of the platform.\nKuCoin supports the trading of over 70 cryptocurrencies and this makes it one of the very best. With a trading volume of $53.6 million, KuCoin charges low transaction fees.\nCopyright: Elnur / 123RF Stock Photo\nTrading Volume: 3\nTransaction Speed: 6\nTransaction Fees: 4\nSupported Coins: 3\nPayment Methods: 2\nTotal Score: 18\nWith its headquarters located in Slovenia and branches in other parts of the world, BitStamp has cemented its place as one of the best exchanges because of its low transaction fee principle. For international transfers and withdrawals, BitStamp charges 0.05% and 0.09% respectively.\nBitStamp supports the purchase of cryptos through a number of payment options and this makes it one of the best. Additionally, it supports the trading, buying, and selling of over 10 different cryptos. BitStamp has been designed to be easy to use, which makes it one of the best exchanges for beginners.\nWith a trading volume of $89.1 million, there is still more room for improvement in the years to come.\nPixabay/Public Domain\nTrading Volume: 2.5\nTransaction Speed: 6\nTransaction Fees: 4\nSupported Coins: 7\nPayment Methods: 3\nTotal Score: 22.5\nBased in the United States and with the security of co **Last 60 Days of Bitcoin's Closing Prices:** [9677.11, 9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-23 **Financial & Commodity Data:** - Gold Closing Price: $1859.90 - Crude Oil Closing Price: $39.93 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $194,586,160,669 - Hash Rate: 136339422.42648664 - Transaction Count: 349938.0 - Unique Addresses: 733591.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.43 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Three Swiss crypto companies say they’ve successfully completed the first automated Bitcoin transaction that meets anti-money laundering (AML) standards. • Geneva’s Mt Pelerin and Zug-based Crypto Finance AG and 21 Analytics announced Friday that 21 CHF worth ofbitcoin(~$23) had been sent in a live demonstration of a new transaction that automatically complied with the AML requirements set by the Financial Action Task Force (FATF) and Swiss markets regulators. • The transaction took place late Thursday. • FATF holds virtual asset service providers (VASPs) to the same standards as traditional bank transfers. • Known as theTravel Rule,the FATF standard requires VASPs to exchange data that identifies both the originator and the beneficiary on any transaction over $1,000. • Since the rule came into force last year, intermediaries have so far been forced to do this manually – but the live demonstration shows that transactions now can be sent with all the AML details automatically added. • “The transfer was fully automated usingTRP[Travel Rule Protocol], instead of manually creating PDFs and sending that for each transaction, which happened to be the case for FINMA-regulated Swiss VASPs so far,” Lucas Betschart, CEO and founder of 21 Analytics, said in an email. • The live demonstration –viewable here– between Crypto Finance and Mt Pelerin was powered by 21 Analytics’ AI regtech, and ran over Swiss FATF travel rule system OpenVASP and the TRP, anotherinstitution-focused solution led by ING Bank. • It also used the industry’s data standard, theInterVASP Messaging Standard (IVMS101). See also:FATF Plans to Strengthen Global Supervisory Framework for Crypto Exchanges • Swiss Crypto Firms Say First Automated, AML-Compliant Bitcoin Transfer Completed • Swiss Crypto Firms Say First Automated, AML-Compliant Bitcoin Transfer Completed • Swiss Crypto Firms Say First Automated, AML-Compliant Bitcoin Transfer Completed • Swiss Crypto Firms Say First Automated, AML-Compliant Bitcoin Transfer Completed... - Reddit Posts (Sample): [['u/Themoneymancan', 'Bitwhisk still says "Status: Waiting for Payment Bitcoin" even after Coinbase has marked the transaction as completed.', 11, '2020-09-23 02:08', 'https://www.reddit.com/r/Bitcoin/comments/ixzhpn/bitwhisk_still_says_status_waiting_for_payment/', "Hey all. As the title says I've sent some Bitcoin from my coinbase account to Bitwhisk with the goal of it ending up in my Bisq wallet. Unfortunately I'm starting to worry something has gone catastrophically wrong because I have sent the coin from my account to Bitwhisk's provided address and Coinbase have even marked the transaction as completed but Bitwhisk apparently haven't got anything?\n\nIs this normal or have I just lost a bunch of money? I've double checked all the addresses involved matched up multiple times so it can't be an error on my part unless I did something really bad.\n\nEdit: Just looked at blockchain.com and it says the coins have been received. Is Bitwhisk a scam or something?", 'https://www.reddit.com/r/Bitcoin/comments/ixzhpn/bitwhisk_still_says_status_waiting_for_payment/', 'ixzhpn', [['u/TheGreatMuffin', 10, '2020-09-23 02:19', 'https://www.reddit.com/r/Bitcoin/comments/ixzhpn/bitwhisk_still_says_status_waiting_for_payment/g69q6xg/', "It's a scam, sorry. \n\nIt literally takes two seconds to google and this link is one of the top results: https://bitcointalk.org/index.php?topic=5178761.0 \n\nBe more diligent next time.", 'ixzhpn']]], ['u/100_Jose_Maria_001', 'In ten years, we might be looking back at Microstrategy the same way we now look at the 10,000 BTC pizzas.', 292, '2020-09-23 02:55', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/', 'Title', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/', 'iy093h', [['u/soontobesilenced', 26, '2020-09-23 03:05', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g69uxfj/', 'Might *we*? Tell me more about my future nostalgic feelings.', 'iy093h'], ['u/RichardHartman101', 11, '2020-09-23 04:08', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6a1gti/', 'Wow', 'iy093h'], ['u/cameron_davies', 11, '2020-09-23 05:23', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6a8suh/', "What is this post referring to? How does one 'look back at' or even currently look at 'Microstrategy'?", 'iy093h'], ['u/lampm0de', 150, '2020-09-23 05:45', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6aawzj/', 'But what if it’s in reverse? What if all the BTC they bought can only buy them 1 large pepperoni in the future? 😂', 'iy093h'], ['u/ludwigvonmises', 14, '2020-09-23 05:54', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6abqkg/', 'How? Laszlo spent BTC to buy pizza. Saylor is buying BTC with MicroStrategy operating revenue. Totally opposite.', 'iy093h'], ['u/alpacastacka', 13, '2020-09-23 06:00', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6acaae/', 'I think he just means the impact of the event', 'iy093h'], ['u/RentonMcLog', 26, '2020-09-23 07:44', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6ake4g/', 'Prolly not like a pizza, but MAYBE like a Tim Draper who bought at auction for about $600 ish?', 'iy093h'], ['u/user_name_checks_out', 13, '2020-09-23 07:50', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6akuao/', 'They bought ~40,000 bitcoins for $400MM. OP is asking how we might look back on that transaction.', 'iy093h'], ['u/Jamestown2017', 37, '2020-09-23 09:05', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6apklx/', "That'll be a good ass pizza", 'iy093h'], ['u/c12022', 18, '2020-09-23 11:16', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6awf63/', 'Low effort hype post.', 'iy093h'], ['u/thegtabmx', 11, '2020-09-23 18:35', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6bywvg/', 'You must be new here.', 'iy093h']]], ['u/omgColors', 'Teleporting to jail off a bunch of xans and alcohol', 154, '2020-09-23 03:36', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/', 'Teleporting to jail\n\nThis is my second of many stories I have that I’m posting on reddit. To start this story off I was ordering my boy some lsd off the dark bet, and he had about 50 dollars left over in bitcoin he said get whatever I want with it, so you guys already know I went straight to the benzos. After a long search and contemplating what to get I ended up picking up 40 1mg footballs, where I’m from it’s hard to get legit Xans so 40 footballs is a fucking score for me.\n\nA couple days pass and I get my shit in the mail, so I figured it’s time to try this shot out. My homie came and got his sheet of acid and threw me a couple hits and I tossed him a couple footballs. The next day o was ready to try those bad boys out. I had done a line of meth and I picked up a bottle of 100 proof vodka (first mistake). So i call up my main homie and he pulled up to chill. We bother popped a hit of acid then we smoked some gas that my homie brought. After we smoked a blunt we dosed up on Xanax, at the time I had a decently high tolerance and I was on meth so I decided to go ahead and eat 10mg right off the bat. We chilled for a while and drank some vodka and I pooped a few more footballs. \n\nHere is where my memory gets hazy and the dumbassery starts. We were really mega fucked up and my boy starts talking about hitting a lick on this house. My barred up ass was like fuck it let’s do it. So me and my boy ate the rest of the xans and finished off the bottle, all I remember from here is walking from my apartment to this lick we were trying to hit. I was so fucked up I barely made it to the house, but we finally got there and I was falling over in the yard and shit making a fool out of myself, we didn’t even start trying to get into the crib next thing I know my buddy says “hey there’s a cop car”. I was confused just standing there and my boy took off running, I didn’t move and next thing I know BAM I got fucking layed put by the police. I guess we were so fucked up we didn’t even notice they were watching us. Next thing I remember I’m on the way to jail, the cop driving is there was super chill, he asked if we wanted to smoke a cig before we went to jail ( he was a real ass dude for that one). So we get out the cop car still handcuffed and the cop lights us both a cig up, we’re sitting there smoking and my drunk ass dropped the cig out my mouth like 5 times but the chill ass cop kept picking it up for me.\n\nNext thing I know it’s the next morning and I woke up I a holding cell getting arraigned, I was still kinda fucked up and I was shit talking the judge a lil ( big fuck up) so my bail got set at 50,000 so 5,000 to get out (On my first offense!). So I was in jail for about 5 days until my lawyer was able to get my bail reduced to ror. I’ve been out since COVID started still waiting on the case but fuck it I’ve been wanting to tell the story. Hope you guys enjoyed 😂\n\nTLDR: Ate way to many footballs and a bunch of liquor, tried to hit a lick and teleported to jail', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/', 'iy0xce', [['u/Kid_Crown', 61, '2020-09-23 05:54', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/g6abqgv/', "Damn bro what are you facing? \n\nI'd say we should start a bartard bail fund but I feel like that might encourage bad behavior.", 'iy0xce'], ['u/mycelium-magic', 34, '2020-09-23 06:13', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/g6adh5o/', 'Bartard bail fun lol, I’m dying. Now that’s a cause i would donate to', 'iy0xce'], ['u/thirdeyebrown_666', 128, '2020-09-23 06:18', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/g6adu3s/', 'Why TF would you pop benzos after taking acid? May as well just flush the acid down the toilet', 'iy0xce'], ['u/CountGrishnack97', 44, '2020-09-23 07:32', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/g6aji58/', 'Especially that much. 1 might dull the trip but as much as this dude took I bet the acid was non existent', 'iy0xce'], ['u/aonemonkey', 16, '2020-09-23 07:56', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/g6al73c/', 'You sound like jail might do you some good', 'iy0xce'], ['u/Farquad69420', 65, '2020-09-23 08:06', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/g6alxej/', "10+ mg of xanax and a bottle of vodka without completely blacking out? I call bullshit with or without the meth\n\n\nAlso 50,000 dollar bail for what? You said you didn't actually try and get into the house so what crime would the police be arresting you for that would call for a 50k bail lmao? Trespassing lol? You're whole story kind of just seems like a load of shit homie", 'iy0xce'], ['u/lifted-living', 21, '2020-09-23 09:28', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/g6aqxdn/', 'The dumbassery starts right when you take acid with Xanax lmao, wtf', 'iy0xce'], ['u/lifted-living', 43, '2020-09-23 09:30', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/g6ar1ta/', 'This isn’t teleporting to jail if you remember every single thing that happened', 'iy0xce'], ['u/TheBoyHarambe', 13, '2020-09-23 20:53', 'https://ww... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['(Bloomberg) -- Cryptocurrency exchange Gemini Trust Company LLC is expanding into the U.K. after being granted an electronic-money license from the Financial Conduct Authority.\nThe New York-based firm was founded by Tyler and Cameron Winklevoss, who after claiming Mark Zuckerberg took their idea for a social-networking website to start Facebook Inc., moved on to become entrepreneurs in the digital-asset industry.\nGemini will now let U.K. consumers buy products with Bitcoin using regular debit cards as a funding source. Investors in cryptocurrency will similarly be able to fund digital wallets via bank payments such as CHAPS, without incurring foreign exchange fees.\n“London is one of the birthplaces of modern finance, and has a rich tradition of regulation, but also fosters an environment of innovation,” Tyler Winklevoss said in an interview, adding that regulation and trust are central to the operation of an exchange like Gemini for consumers.\nBitcoin has been highly volatile since its 2009 debut, with few institutional investors seeing it as a viable long-term bet. Gemini will be secure, and offer protection against fraud and money laundering, the company said in a statement Thursday.\nIn Europe, Gemini will have to compete against a slew of players, some of them regulated by the Financial Conduct Authority as well. In August, the U.K. regulator also approved Archax, an exchange that is due to launch in the fourth quarter. The agency said that all crypto exchanges operating in the country have to register by Jan. 10, 2021. But for now, Gemini is in a select club of registered firms, and it’s also already operational.\nGemini is also in the licensing process in Singapore, Winklevoss said.\nOn its home turf, Gemini faces off against its much-bigger rival, Coinbase Inc. It’s also a small exchange internationally, where crypto exchanges located in more loosely regulated jurisdictions rule. Globally, Gemini is the world’s 67th-largest crypto spot exchange, according to rankings site CoinMarketCap.com, which is owned by world’s largest crypto spot exchange, Binance. Gemini is also a New York trust company that’s regulated by the New York State Department of Financial Services.\nFor more articles like this, please visit us atbloomberg.com\nSubscribe nowto stay ahead with the most trusted business news source.\n©2020 Bloomberg L.P.', '(Bloomberg) -- Cryptocurrency exchange Gemini Trust Company LLC is expanding into the U.K. after being granted an electronic-money license from the Financial Conduct Authority. The New York-based firm was founded by Tyler and Cameron Winklevoss, who after claiming Mark Zuckerberg took their idea for a social-networking website to start Facebook Inc., moved on to become entrepreneurs in the digital-asset industry. Gemini will now let U.K. consumers buy products with Bitcoin using regular debit cards as a funding source. Investors in cryptocurrency will similarly be able to fund digital wallets via bank payments such as CHAPS, without incurring foreign exchange fees. \x93London is one of the birthplaces of modern finance, and has a rich tradition of regulation, but also fosters an environment of innovation,\x94 Tyler Winklevoss said in an interview, adding that regulation and trust are central to the operation of an exchange like Gemini for consumers. Bitcoin has been highly volatile since its 2009 debut, with few institutional investors seeing it as a viable long-term bet. Gemini will be secure, and offer protection against fraud and money laundering, the company said in a statement Thursday. In Europe, Gemini will have to compete against a slew of players, some of them regulated by the Financial Conduct Authority as well. In August, the U.K. regulator also approved Archax, an exchange that is due to launch in the fourth quarter. The agency said that all crypto exchanges operating in the country have to register by Jan. 10, 2021. But for now, Gemini is in a select club of registered firms, and it\x92s also already operational. Gemini is also in the licensing process in Singapore, Winklevoss said. On its home turf, Gemini faces off against its much-bigger rival, Coinbase Inc. It\x92s also a small exchange internationally, where crypto exchanges located in more loosely regulated jurisdictions rule. Globally, Gemini is the world\x92s 67th-largest crypto spot exchange, according to rankings site CoinMarketCap.com, which is owned by world\x92s largest crypto spot exchange, Binance. Gemini is also a New York trust company that\x92s regulated by the New York State Department of Financial Services. Story continues For more articles like this, please visit us at bloomberg.com Subscribe now to stay ahead with the most trusted business news source. ©2020 Bloomberg L.P.', 'Some tricks of the trade employed by today’s booming decentralized finance (DeFi) platforms are being used for a completely new paradigm: decentralized data marketplaces.\nAnnounced Thursday, blockchain-based data monetization startup Ocean Protocol is teaming up with Balancer Labs to create the first automated market maker (AMM) for data.\nOcean Protocol is about helping peopleand businessesunlock data and monetize it, spreading the benefits of data and AI beyond the handful of organizations that hoard, control and get rich from it. Creating efficient data marketplaces is really the lynchpin of this, according to Ocean founder Trent McConaghy. Thus the collaboration with Balancer.\nRelated:BitGo Is Bringing DeFi-Friendly Wrapped Bitcoin to the Tron Blockchain\n“Many people have tried to build data marketplaces in the past, but have been held back by issues of privacy and control. With blockchain and compute-to-data, Ocean is addressing this,” McConaghy said in an interview. “So our goal is to unlock this data economy with data marketplaces, connecting the buyers and sellers of data. These can be individual humans, families, small companies, large companies, cities, nations, etc.”\nEthereum-based Ocean creates data tokens, which can represent a particular dataset – be it an individual’s DNA or something much larger and more valuable, like all ofDaimler’sself-driving car data. The tokens act as an on-ramp to the data, which is stored elsewhere. The second part of the puzzle is establishing a marketplace where this tokenized data can be discovered, priced and traded using Ocean’s native token (OCEAN) or other cryptos like ether (ETH) or dai (DAI).\nPricing data is hard. Now, with the third version of Ocean, McConaghy has concludedAMMs like Uniswapdo the job best.\nRead more:Mercedes Maker Daimler Tests Blockchain for Supply-Chain Data Sharing\nRelated:Uniswap Users Have Claimed $560M-Worth of UNI Tokens in a Week\nUnlike an auction-based approach, AMMs continue to price throughout the asset’s lifetime. And unlike order books, they don’t need a lot of upfront liquidity and a double coincidence of wants. As such, AMMs – which have been instrumental in DeFi’s$13 billionascent – can be thought of as robots that are always ready to buy or sell.\nThe Balancer poolfunctions as a “self-balancing weighted portfolio and price sensor,” which means it behaves like an index fund – if a given asset out- or under-performs, it is respectively sold or bought to keep its value share of the total portfolio constant. But this is done in a decentralized manner without human intervention.\nThis is basically what DeFi application Uniswap does, but Balancer has the added advantage of allowing non-equal weights among tokens in the pool (e.g. 90/10 vs. 50/50). That means someone with lots of data tokens can offer these without having to tie-up a great deal of Ocean tokens or other cryptos.\nMcConaghy pointed to a trend where people are launching things on AMMs, and in the case of an Ocean data-token pool he has coined the term “initial data offering” or IDO.\n“Our community has been really loving this term and using it a lot internally,” McConaghy said, adding:\n“Basically it’s an example of liquidity mining for the people. Right now when people want to do liquidity mining on Balancer or other tools, they need to have assets. This works well for the whales, and it works even for some medium-sized folks, but the small guys are completely priced out because of gas prices. But we all have assets, as in our data assets; I have location data or whatever, and I’m going to start putting it up there and see what happens as the price gets automatically discovered.”\nRead more:Following COMP’s Surge, DeFi Platform Balancer Begins Distribution of BAL Tokens\nOn the subject of the high gas costs associated with deploying pools on Balancer, the Ocean partnership has led to a useful tweak of Balancer pool contracts to use theERC-1167proxy pattern to reduce those costs.\n“The idea of having millions of different tokens and pools wasn’t viable with today’s gas prices on Ethereum, so it’s very nice the way we have extended Balancer to make it cheap for the creation of new data pools,” said Balancer Labs CEO Fernando Martinelli, adding:\n“It doesn’t cost a lot for someone to just put up their location data or their DNA data. It’s great because it’s shown us the need to create more efficient markets – something that’s going to be addressed in our version two.”\n• Ocean Protocol and Balancer Want to Do for Data What Uniswap Did for Coins\n• Ocean Protocol and Balancer Want to Do for Data What Uniswap Did for Coins', 'Some tricks of the trade employed by today\x92s booming decentralized finance (DeFi) platforms are being used for a completely new paradigm: decentralized data marketplaces. Announced Thursday, blockchain-based data monetization startup Ocean Protocol is teaming up with Balancer Labs to create the first automated market maker (AMM) for data. Ocean Protocol is about helping people and businesses unlock data and monetize it, spreading the benefits of data and AI beyond the handful of organizations that hoard, control and get rich from it. Creating efficient da **Last 60 Days of Bitcoin's Closing Prices:** [9905.17, 10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-24 **Financial & Commodity Data:** - Gold Closing Price: $1868.30 - Crude Oil Closing Price: $40.31 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $194,586,160,669 - Hash Rate: 131538738.5382301 - Transaction Count: 316552.0 - Unique Addresses: 684217.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.39 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: INX Ltd. said it will launch its long-awaited landmark initial public offering (IPO) as soon as Monday, capping a nearly two-year journey for the startup cryptocurrency and security token exchange. • “It is anticipated that the offering will begin on Aug. 24, 2020, or shortly thereafter,” the Gibraltar-based company said in a press release Thursday. • Also Thursday, U.S. Securities and Exchange Commission (SEC) posted anotice of effectiveness, officially clearing the sale. • As previously reported, INX has priced its 130 million tokens, which are to run on the Ethereum blockchain, at $0.90 each, totaling $117 million in gross proceeds. This was smack in the middle of the target range of $0.80 to $1.00 per token. • After offering expenses and fees to advisory firm A-Labs, the sale would net up to $111 million, according to INX’s latestfilingwith the SEC. The net proceeds would be used to: • Build INX Trading Solutions, a regulated exchange for cryptocurrencies, security tokens and derivatives. • Build a cash fund to protect the company and its customers in the event of a data breach, trading execution error or counterparty default. The instruments on offer are a hybrid of utility and security tokens. • Investors could use them to pay trading fees on INX’s platform. • The tokens would also entitle holders to a share of company profits. Related:Uber's Former Security Chief Charged With Trying to Conceal Hack Using Bitcoin INX’s sale would mark a milestone for the blockchain industry. • It would be the first security token offering (STO) registered with the SEC, and thus legally marketable to mom-and-pop investors. • Previous STOs were unregistered and limited to wealthy investors, with the issuers simply filing notices to the regulator; the initial coin offerings (ICO) of the 2017-2018 boom were conducted with little if any regard for compliance. • INX’s sale would also be one of very few IPOs in the blockchain industry and almost certainly the largest. It’s been a long road for the company, whose U.S. operations are led by Executive Managing Director Alan Silbert. (His brother Barry is the CEO of Digital Currency Group, the parent company of CoinDesk.) • INX first signaled its intent to go public with adraft registration statementsubmitted in January 2018. • The company filed its F-1 prospectus (the SEC’s form for foreign issuers)almost exactly a year ago. • To comply with know-your-customer (KYC) regulations, INX has written a smart contract that allows only wallet addresses belonging to investors that have been vetted and put on a “whitelist” to receive the tokens. • TokenSoft, a registration agent that specializes in blockchain token offerings, is doing the KYC checks and maintaining the registry of investors. • Last month, INX hired Paz Diamant as its chief technology officer, regulatory filings show. Diamant is the former managing director of R&D and product at eToro, where he built the brokerage’s crypto trading system, according to hisLinkedIn profile. UPDATE (Aug. 21, 15:00 UTC):Added sentence about notice of effectiveness from SEC. • INX Crypto Exchange to Launch $117M IPO Next Week • INX Crypto Exchange to Launch $117M IPO Next Week • INX Crypto Exchange to Launch $117M IPO Next Week... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33, 10669.58
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rallied by 4.75% on Thursday. Reversing a 2.72% fall from Wednesday, Bitcoin ended the day at $10,754. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,222.0 before making a move. Steering clear of the first major support level at $10,092, Bitcoin rallied to a late intraday high $10,842.0. Bitcoin broke through the first major resistance level at $10,495 and the second major resistance level at $10,726. In spite of a bearish end to the day, Bitcoin avoided a fall back through the second major resistance level. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Thursday. Chainlink led the way, surging by 29.25%. Binance Coin (+7.75%), Cardano’s ADA (+7.98%), and Ethereum (+8.89%) also saw solid gains. Bitcoin Cash ABC (+4.10%), Bitcoin Cash SV (+4.08%), Crypto.com Coin (+0.07%), Litecoin (+4.66%), Polkadot (+4.16%), and Ripple’s XRP (+5.23%) saw relatively modest gains on the day. In the current week, the crypto total market rose to a Monday high $334.04bn before sliding to a Wednesday low $300.97bn. At the time of writing, the total market cap stood at $320.94bn. Bitcoin’s dominance fell to a Monday low 60.89% before rising to a Wednesday high 62.31%. At the time of writing, Bitcoin’s dominance stood at 61.68%. This Morning At the time of writing, Bitcoin was down by 0.21% to $10,731.0. A mixed start to the day saw Bitcoin rise to an early morning high $10,774.0 before falling to a low $10,708.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin (+0.40%), Cardano’s ADA (+3.12%), Crypto.com Coin (+2.05%), and Chainlink (+0.38%) bucked the trend early on. It was a bearish start for the rest of the majors, however. Story continues At the time of writing, Bitcoin Cash SV was down by 1.50% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $10,606 pivot level to support a run at the first major resistance level at $10,990. Support from the broader market would be needed, however, for Bitcoin to break out from Thursday’s high $10,842.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $11,200 before any pullback. The second major resistance level at $11,226 would likely cap any upside, however. Failure to avoid a fall through the $10,606 pivot would bring the first major support level at $10,370 into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 levels. The second major support level sits at $9,986. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – September 25th, 2020 Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – September 25th, 2020 Natural Gas Price Forecast – Natural Gas Continues to Show Strength Asia Pacific Indexes Chase Wall Street Higher in Early Trade on Friday Crude Oil Price Forecast – Crude Oil Markets Still Quiet E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Watching 26685 – 26714 into Close', 'Bitcoin, BTC to USD, rallied by 4.75% on Thursday. Reversing a 2.72% fall from Wednesday, Bitcoin ended the day at $10,754. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,222.0 before making a move. Steering clear of the first major support level at $10,092, Bitcoin rallied to a late intraday high $10,842.0. Bitcoin broke through the first major resistance level at $10,495 and the second major resistance level at $10,726. In spite of a bearish end to the day, Bitcoin avoided a fall back through the second major resistance level. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Thursday. Chainlink led the way, surging by 29.25%. Binance Coin (+7.75%), Cardano’s ADA (+7.98%), and Ethereum (+8.89%) also saw solid gains. Bitcoin Cash ABC (+4.10%), Bitcoin Cash SV (+4.08%), Crypto.com Coin (+0.07%), Litecoin (+4.66%), Polkadot (+4.16%), and Ripple’s XRP (+5.23%) saw relatively modest gains on the day. In the current week, the crypto total market rose to a Monday high $334.04bn before sliding to a Wednesday low $300.97bn. At the time of writing, the total market cap stood at $320.94bn. Bitcoin’s dominance fell to a Monday low 60.89% before rising to a Wednesday high 62.31%. At the time of writing, Bitcoin’s dominance stood at 61.68%. This Morning At the time of writing, Bitcoin was down by 0.21% to $10,731.0. A mixed start to the day saw Bitcoin rise to an early morning high $10,774.0 before falling to a low $10,708.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin (+0.40%), Cardano’s ADA (+3.12%), Crypto.com Coin (+2.05%), and Chainlink (+0.38%) bucked the trend early on. It was a bearish start for the rest of the majors, however. Story continues At the time of writing, Bitcoin Cash SV was down by 1.50% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $10,606 pivot level to support a run at the first major resistance level at $10,990. Support from the broader market would be needed, however, for Bitcoin to break out from Thursday’s high $10,842.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $11,200 before any pullback. The second major resistance level at $11,226 would likely cap any upside, however. Failure to avoid a fall through the $10,606 pivot would bring the first major support level at $10,370 into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 levels. The second major support level sits at $9,986. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – September 25th, 2020 Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – September 25th, 2020 Natural Gas Price Forecast – Natural Gas Continues to Show Strength Asia Pacific Indexes Chase Wall Street Higher in Early Trade on Friday Crude Oil Price Forecast – Crude Oil Markets Still Quiet E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Watching 26685 – 26714 into Close', 'In the latest effort to streamline cryptocurrency regulations in the U.S.,\xa0House Agriculture Committee Ranking Member Michael Conaway (R-Texas) introduced new legislation on Thursday. The Digital Commodity Exchange Act of 2020 (DCEA) would consider cryptocurrencies as a unique asset class and would be monitored by the Commodity Futures Trading Commission. Conaway commented that\xa0the legislation\xa0"provides a clear path forward to improve the regulation of digital commodities.\x94 What Happened: By classifying digital assets into a legal category of its own, DCEA aims at enhancing the regulatory approval framework for cryptocurrency trading platforms. Currently, cryptocurrency exchanges have to navigate multiple state and federal laws which is detrimental for new entrants in the market. According to CoinDesk, this act will treat digital assets like Commodities, and would also have provisions to facilitate fundraising through certain types of Initial Coin Offerings. Why Does It Matter: The DCEA mechanism will allow cryptocurrency\xa0exchanges to operate under the federal jurisdiction by enhancing legal clarity as exchanges would not have to apply for individual money transfer licenses from each state. Exchanges may also be required to maintain customer\x92s assets with a licensed digital custodian. From the governance perspective, this act also demarcates the jurisdiction for token offerings between the Securities and Exchange Commission and the CFTC. CoinDesk reported that although the SEC will maintain a pre-sales oversight and the CFTC will take over the supervisory role once the network is launched. Price Action: Bitcoin traded 3.9% higher at $10,699.60 at press time on Friday. See more from Benzinga In A First, Cryptocurrency Exchange Gets US Banking Charter © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'In the latest effort to streamline cryptocurrency regulations in the U.S.,\xa0House Agriculture Committee Ranking Member Michael Conaway (R-Texas)introducednew legislation on Thursday.\nThe Digital Commodity Exchange Act of 2020 (DCEA) would consider cryptocurrencies as a unique asset class and would be monitored by the Commodity Futures Trading Commission. Conawaycommentedthat\xa0the legislation\xa0"provides a clear path forward to improve the regulation of digital commodities.”\nWhat Happened:By classifying digital assets into a legal category of its own, DCEA aims at enhancing the regulatory approval framework for cryptocurrency trading platforms. Currently, cryptocurrency exchanges have to navigate multiple state and federal laws which is detrimental for new entrants in the market. According to CoinDesk, this act will treat digital assets like Commodities, and would also have provisions to facilitate fundraising through certain types of Initial Coin Offerings.\nWhy Does It Matter:The DCEA mechanism will allow cryptocurrency\xa0exchanges to operate under the federal jurisdiction by enhancing legal clarity as exchanges would not have to apply for individual money transfer licenses from each state. Exchanges may also be required to maintain customer’s assets with a licensed di **Last 60 Days of Bitcoin's Closing Prices:** [10990.87, 10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-25 **Financial & Commodity Data:** - Gold Closing Price: $1857.70 - Crude Oil Closing Price: $40.25 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $198,273,281,109 - Hash Rate: 162263115.42307216 - Transaction Count: 353070.0 - Unique Addresses: 741029.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.46 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: ST. LOUIS (AP) — A British man who was part of a hacking collective called The Dark Overlord was sentenced Monday to five years in prison for helping the group steal information from several companies in the U.S., including Missouri, Illinois and Georgia. Nathan Francis Wyatt, 39, was sentenced after he pleaded guilty in federal court in St. Louis to conspiring to commit aggravated identity theft and computer fraud. He was also ordered to pay about $1.5 million in restitution. Federal prosecutors said The Dark Overlord stole medical records, client files and personal information from the companies, then demanded between $75,000 and $300,000 worth of Bitcoin to return the information. None of the companies paid the ransom but the conspiracy did cost them because of the intrusion and release of data, federal prosecutor Laura Kathleen Bernstein said. Wyatt set up a phone account and accounts on Twitter and PayPal that were used to communicate and receive money, she said. Wyatt apologized during the hearing, held via Zoom, saying that he was on medication for mental problems that led him to make bad decisions, The St. Louis Post-Dispatch reported . “I can promise you that I’m out of that world,” he said, voice breaking. “I don’t want to see another computer for the rest of my life.” His lawyer, Brocca Morrison, noted that Wyatt did not orchestrate the hacks and is the only hacker who has been identified. Bernstein said Wyatt’s actions helped the other hackers remain anonymous and that his phone account was used to send threatening text messages to relatives of victims. Wyatt was indicted in 2017, but he was not extradited to the U.S. until last year after British lawyers fought to keep him in that country. He had served 14 months in a British prison after pleading guilty to 22 charges after he was accused of demanding money from the owner of a hacked computer and using stolen credit cards.... - Reddit Posts (Sample): [['u/mermaiddiva26', 'Need help deciding what to do with a windfall', 74, '2020-09-25 00:50', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/', "So the bottom line is I found an old bitcoin wallet from 7 years that I forgot about and it has ~500 bitcoin on it. Approximate USD value is about $5.3M. \n\nHere is my current budget:\n\nMortgage: none, house is paid off\n\nGym: $175/month\n\nBirth control: $50/month\n\nHealth insurance: none, I'm only 25 years old lmao\n\nGuinea pig food: $200/month\n\nI don't actually need any help. Just wanted to rub in the fact that I'm richer, younger, and hotter than you. Thanks in advance!", 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/', 'iz7q1o', [['u/getrichordietrying_w', 22, '2020-09-25 01:49', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6he5f6/', 'Im willing to fuck your wife. Hope that answers your question and good luck! Happy for your windfall!', 'iz7q1o'], ['u/seasix732', 61, '2020-09-25 02:15', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6hgpeo/', 'Maybe with the windfall you can switch you food to something other than guinea pigs.', 'iz7q1o'], ['u/ruhrh', 28, '2020-09-25 03:08', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6hm6gg/', 'Have you considered planet fitness? Its only ten dollars a month. You can shower there. And they have pizza fridays', 'iz7q1o'], ['u/the_disintegrator', 17, '2020-09-25 03:53', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6hqvj3/', 'what else would you do with it? Come on man - obviously you use it to make lentil flour.\n\nEdit: Oh I thought you said wind*mill*', 'iz7q1o'], ['u/subjugatedfantasy', 26, '2020-09-25 03:55', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6hr50i/', 'Legitimately had to talk some guy down from living in his van and showering at planet fitness in leanfi the other day. Wtf', 'iz7q1o'], ['u/subjugatedfantasy', 16, '2020-09-25 03:57', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6hrcua/', 'This is a crazy meta post because OP is actually hot', 'iz7q1o'], ['u/mermaiddiva26', 12, '2020-09-25 04:01', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6hrpo6/', "I'm 25F irl but no one believes me because this is reddit", 'iz7q1o'], ['u/mermaiddiva26', 12, '2020-09-25 04:05', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6hs6o7/', '\\uj Everything about my budget is true (including not having health insurance) except the part about my mortgage being paid off.', 'iz7q1o'], ['u/lush_rational', 17, '2020-09-25 04:10', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6hsoo6/', 'Only acceptable pet is a bearded dragon.\n\nOP: I suggest you buy a bunch of candles.', 'iz7q1o'], ['u/kadsmald', 12, '2020-09-25 07:03', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6i8zu0/', 'Yes, guinea pig is far inferior to gerbil meat. It’s like comparing run of the mill sirloin to wagyu ribeye.\n\nEdit: pours wouldn’t know this, but wagyu beef is like really really good beef.', 'iz7q1o'], ['u/rivenn00b', 12, '2020-09-25 11:54', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6irj10/', 'It isnt as bad as you might think. Worst part for me was finding places to shit during the day', 'iz7q1o']]], ['u/forknomore', 'Tim Draper has Bitcoin Cash in his portfolio.', 28, '2020-09-25 01:02', 'https://www.reddit.com/r/btc/comments/iz7wwf/tim_draper_has_bitcoin_cash_in_his_portfolio/', '[https://cointelegraph.com/news/bitcoin-bull-tim-draper-reveals-the-secrets-of-his-altcoin-portfolio](https://cointelegraph.com/news/bitcoin-bull-tim-draper-reveals-the-secrets-of-his-altcoin-portfolio)\n\nI wonder the next move of liar falsely confirming his twitter hack. He would have confirmed that his portfolio had been hacked by Roger Ver.', 'https://www.reddit.com/r/btc/comments/iz7wwf/tim_draper_has_bitcoin_cash_in_his_portfolio/', 'iz7wwf', [['u/1MightBeAPenguin', 10, '2020-09-25 02:46', 'https://www.reddit.com/r/btc/comments/iz7wwf/tim_draper_has_bitcoin_cash_in_his_portfolio/g6hjvbv/', 'Tim Draper is more ideologically aligned with Bitcoin Cash than Bitcoin. If you look at his previous talks about Bitcoin, he valued how easy it was to use and how it might even be better than credit cards in the future.', 'iz7wwf'], ['u/jbrev01', 14, '2020-09-25 03:54', 'https://www.reddit.com/r/btc/comments/iz7wwf/tim_draper_has_bitcoin_cash_in_his_portfolio/g6hqz4x/', 'He deleted it because the blockstream mob started to attack him and accuse of him promoting a scam.', 'iz7wwf'], ['u/1MightBeAPenguin', 10, '2020-09-25 04:29', 'https://www.reddit.com/r/btc/comments/iz7wwf/tim_draper_has_bitcoin_cash_in_his_portfolio/g6humup/', 'Lol he deleted the tweet because he faced backlash. Roger Ver has talked to him and he has a good holding in Bitcoin Cash. Not to mention that he mumbled himself when he talked about "doing his own research". There are no security issues in Bitcoin Cash lmao.\n\nHe clearly supported Bitcoin being fast, cheap, and reliable back when Lightning Network wasn\'t a thing, so it was clear he was talking about on-chain transactions. So yes, he\'s more ideologically aligned with Bitcoin Cash.', 'iz7wwf']]], ['u/Brothanogood', 'PayPal vs Square: Which Fintech Stock Is A Better Buy?', 47, '2020-09-25 03:15', 'https://www.reddit.com/r/stocks/comments/iza2r0/paypal_vs_square_which_fintech_stock_is_a_better/', 'The COVID-19 pandemic is accelerating digitalization and has led to a spike in online transactions and e-commerce sales. According to PayPal, the penetration of e-commerce as a percentage of retail sales in the first half of 2020 outpaced prior external forecast by 3 to 5 years. Both consumers and merchants are increasingly adopting digital payments as contactless transactions have become increasingly important amid the current crisis.\n\nThe rapid penetration of digital payments led to double-digital revenue growth in the second quarter for PayPal and Square. Using the TipRanks Stock Comparison tool, we will place these two fintech payment firms alongside each other to assess which stock offers a more compelling investment opportunity.\n\n**PayPal Holdings (PYPL)**\n\nPayPal, which was spun off from eBay in 2015, has emerged as the digital payment leader. In the second quarter, PayPal added 21.3 million net new active accounts, reflecting a 137% Y/Y rise and marking the strongest growth in the company’s history thanks to a surge in e-commerce and digital payments. As of the end of 2Q, PayPal had 346 million active accounts with over 26 million merchant accounts.\n\nThe company’s 2Q revenue surged 22.2% Y/Y to $5.26 billion. And adjusted EPS rose 49% to $1.07 as the adjusted operating margin expanded 504 basis points to 28.2%. Total Payment Volume or TPV, which indicates payments processed through the PayPal platform, grew about 29% to $222 billion. Venmo, Paypal’s mobile payments platform, witnessed a 52% growth in its TPV to $37 billion.\n\nFollowing the strong 2Q momentum, PayPal reinstated its 2020 guidance and in fact, raised it. The company expects revenue growth of 20% and adjusted EPS growth of about 25%. It anticipates adding 70 million net new active accounts this year.\n\nTo boost its top-line further and promote touchless payments, PayPal launched QR Code technology in 28 markets globally in May. CVS Pharmacy will be the first retail chain to offer its customers the option to use PayPal and Venmo QR codes at checkout in its US stores. The company will also launch Venmo credit card this year.\n\nPayPal has also expanded its Visa Direct partnership globally to accelerate real-time access to funds for small businesses, consumers and partners across its platform. This collaboration enables PayPal to extend global white label Visa Direct payout services through PayPal and its Braintree, Hyperwallet and iZettle platforms.\n\nOn Sept. 22, Mizuho Securities analyst Dan Dolev reiterated a Buy rating for PayPal with a price target of $285 as the Mizuho E-Commerce Tracker showed that unique views across key PayPal partner sites (like Etsy, Groupon and Wayfair) remained strong in July and August and also pointed to potential signs of life in the beleaguered travel category.\n\nThe Tracker also indicated that PayPal’s unique views continued to grow ahead of partner websites in the last two months, reflecting persistent share gains for the checkout button. Overall, the analyst expects strong July and August e-commerce trends coupled with share gains to bode well for the company’s second-half TPV. (See PYPL stock analysis on TipRanks)\n\nPayPal stock has rallied about 74% year-to-date and could rise further by 17% in the coming months as indicated by the average analyst price target of $219.77. The stock scores a Strong Buy consensus based on 28 Buys, 5 Holds and no Sell ratings.\n\n**Square (SQ)**\n\nPayment facilitator Square is growing rapidly as consumers and businesses are migrating online at a faster pace amid the pandemic. From February through August 2020, there was a 13.2 percentage point increase in the share of Square sellers accepting online payments and by August, over 40% of all Square sellers were accepting online payments. Also, by August, more than 7 in 10 Square sellers were accepting contactless payments.\n\nThe company’s Cash App ecosystem delivered $1.2 billion in revenue in the second quarter, reflecting a whopping 361% Y/Y growth. The Cash App had over 30 million monthly transacting active customers in J... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33, 10669.58, 10793.34
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['NEW YORK, NY / ACCESSWIRE / September 25, 2020 /New To The Street "Exploring The Block" is pleased to be broadcasting on Bloomberg Saturday 9/26 6 PM est. Featuring fetch.ai (FET) ,Somee.social (ONG), Sologenic (SOLO), and NativeCoin(N8V)\nThis show Number 139 for " New To The Street" marks the 10thyear anniversary producing top business content for the largest television networks on the globe stated Creator and Co-Founder Vince Caruso.\nThrough the years we have seen our show result in partnerships, market cap appreciation, and overall company growth for our clients totaling over a billion dollars stated Stephen Simon President and Co-Founder.\nIn addition to Bloomberg broadcast Saturday this show will also broadcast in its entirety on Fox Business Network Monday, September 28that 1030pm pst.\nFetch.ai is broadcasting its third interview and scheduled to film its fourth in series in the upcoming weeks.\nFetch.ai discusses "Mettalex is offering something that is not possible within traditional markets," saidHumayun Sheikh CEO and Founder of Mettalex. "On Mettalex, traders will be able to create tokenized spread contracts for some of the most in-demand commodities on the market with USD/BTC/ETH pairs. At launch, we will support spreads on traditional and digital commodities like compute cycle price, gas costs, cloud compute and more traditional commodities like steel and iron ore, gold and silver, lithium and cobalt, oil, and the stock market index."\nSomee.social (ONG) will be appearing in their 4th interview. Actors for Somee discussing.\n1. Protecting Data & Content; using Blockchain & Crypto technology, SoMee allows users to post securely without worry of sold information.\n2. Gamified and Monetizable; SoMee provides the ability to receive rewards for your actions.\n3. Global scale; a platform designed to connect and support humanity through "Social for a Cause."\nSoMee is generating a lot of interest in the crypto and social worlds. Why? Because it\'s combining the latest groundbreaking blockchain technology with the most popular way people interact in the modern age; social media.\nJane King sits down (virtually) with actors Peter Ivanov, Bejo Dohmen, and Nick Dong-Sik who are avid users of this novel platform to gather their perspectives.\nPeter Ivanovhas been featured in ABC\'s episodic TV series "In An Instant" and recently completed filming an independent feature.\nBejo Dohmenis known for several TV shows in Germany such as his latest upcoming pilot "Ready to Rumble" and has also won several awards through the 2020 Academy Award-qualifying, best live-action short film "Kommando 1944."\nNick Dong-Sikis known for "Charlie\'s Angels", "Iron Sky", "Within the Whirlwind", and Netflix\'s "Marco Polo", while working alongside A-list actors and is currently working on the German TV series "Helen Dorn".\nDiscussing everything from how SoMee functions to how the platform may serve artists, Peter, Bejo, and Nick provide their two cents. Here\'s what we\'ve found out:\nSoMee is a blockchain-based, social media platform aimed at evolving the social media community. With a focus on security and monetization, SoMee offers something other platforms like Facebook, Twitter, or Instagram can\'t; control. Users are now provided with an outlet for their content and data which protects and respects each user\'s right to control their information and posts, without worry of having information sold.\nNot only that, but the users now also have the option to monetize effectively. How? Through community interaction. Currently, users are posting on other platforms and receiving "likes" and "shares", but that\'s it. Unless you reach "influencer" or "celebrity" status on these platforms and somehow strike a deal with various brands or entities, all you receive is attention in the form of "likes" and "shares." Even if your post goes viral, you may reach a ton of viewers, but still, nothing may come of it.\nThis is where SoMee comes in. Now, users have the ability to monetize those likes directly, and you don\'t have to be an "influencer" or "celebrity." If you come up with something cool, creative, or viral, and people take notice, boom; rewarded.\nIn the interview, Bejo Dohmen also comments on the potential of this system by mentioning that artists could even have a chance to introduce an idea and gain funding through community support. He loves the idea that SoMee allows him to help people with a simple "upvote" which could potentially change someone\'s life.\nAnother important point was made by Peter Ivanov when he mentions "Social for a Cause"; SoMee\'s growing, philanthropic effort to bring the world together by increasing the awareness and assistance of those struggling and in need all around the globe.\nSoMee operates on a global scale, so users from around the world have the opportunity to interact with each other. Not only does it connect everyone, but it also provides an opportunity to help users who may be located in fallen economies, war-torn locations, or third-world areas.\nNick Dong-Sik likes to compare SoMee\'s ONG1 to Bitcoin, stating that he remembers when Bitcoin began, but never seized the opportunity, feeling like he "missed out," but now he\'s happy to be onboard with SoMee from the beginning.\nSoMee is dedicated to taking the social media space to the next level by providing monetization, control, and global community interaction like we\'ve never seen before. The actors all agree that SoMee is the next big thing and is full of potential.\nNow is the chance to join the community which could change your life and the lives of anyone anywhere anytime. Don\'t miss out!\nNativeCoin (N8V) Jeff Johnson COO discusses powerful new partnerships in their new extended series .\n" NativeCoin has a new partnership coming that will help Indian Country in ways never before thought Possible" stated Jeff Johnson COO\nFerrum:"Ferrum Network is incredibly proud to be partnering with NativeCoin in order to make crypto easy and valuable for their users. Ferrum\'s Link Drop technology means sending crypto is as easy and secure as sending an email. And our Staking technology means users can earn high yields simply for staking NativeCoin in their wallet. Together we look forward to making crypto easy, valuable and useful for millions of people!" Stated CEO Ian Friend.\nSOLOGENIC (SOLO) Featuring Co-Creator Bob Ras who is also the CEO of Coinfield."One of the many problems Sologenic is solving is providing access to the global financial markets using Blockchain technology. We\'re creating a Hybrid DeFi ecosystem allowing users from different parts of the world to trade and tokenize over 40K+ assets from 30 global stock exchanges within a regulatory framework inside the EU. The tokenization also creates a unique opportunity for users to trade a fraction or full amount of any stock and spend them in real-time via SOLO Cards." Bob Ras, The Co-Creator of Sologenic\nAbout FMW MediaFMW Media Corp. operates one of the longest-running U.S and International sponsored programming T.V. brands "NewToTheStreet,http://www.NewtotheStreet.comand its blockchain show "Exploring The Block."http://www.ExploringTheBlock.com.Since 2009, these brands run sponsored media formatted shows across three major U.S. Television networks. The TV platforms reach over 540 million homes both in the US and international markets.\nTwitter @NewtotheStreet @ExploringBlock\nCONTACT:For FMW Media:Bryan [email protected]\nPress Contact:Christopher [email protected]\nSOURCE:FMW Media Works Corp\nView source version on accesswire.com:https://www.accesswire.com/607917/NEW-TO-THE-STREET-to-broadcast-Show-139-Tomorrow-6-PM-est-on-Bloomberg-Television', 'NEW YORK, NY / ACCESSWIRE / September 25, 2020 / New To The Street "Exploring The Block" is pleased to be broadcasting on Bloomberg Saturday 9/26 6 PM est. Featuring fetch.ai (FET) ,Somee.social (ONG), Sologenic (SOLO), and NativeCoin(N8V) This show Number 139 for " New To The Street" marks the 10 th year anniversary producing top business content for the largest television networks on the globe stated Creator and Co-Founder Vince Caruso. Through the years we have seen our show result in partnerships, market cap appreciation, and overall company growth for our clients totaling over a billion dollars stated Stephen Simon President and Co-Founder. In addition to Bloomberg broadcast Saturday this show will also broadcast in its entirety on Fox Business Network Monday, September 28 th at 1030pm pst. Fetch.ai is broadcasting its third interview and scheduled to film its fourth in series in the upcoming weeks. Fetch.ai discusses "Mettalex is offering something that is not possible within traditional markets," said Humayun Sheikh CEO and Founder of Mettalex . "On Mettalex, traders will be able to create tokenized spread contracts for some of the most in-demand commodities on the market with USD/BTC/ETH pairs. At launch, we will support spreads on traditional and digital commodities like compute cycle price, gas costs, cloud compute and more traditional commodities like steel and iron ore, gold and silver, lithium and cobalt, oil, and the stock market index." Somee.social (ONG) will be appearing in their 4th interview. Actors for Somee discussing. Protecting Data & Content; using Blockchain & Crypto technology, SoMee allows users to post securely without worry of sold information. Gamified and Monetizable; SoMee provides the ability to receive rewards for your actions. Global scale; a platform designed to connect and support humanity through "Social for a Cause." SoMee is generating a lot of interest in the crypto and social worlds. Why? Because it\'s combining the latest groundbreaking blockchain technology with the most popular way people interact in the modern age; social media. Story continues Jane King sits down (virtually) with actors Peter Ivanov, Bejo Dohmen, and Nick Dong-Sik who are avid **Last 60 Days of Bitcoin's Closing Prices:** [10912.82, 11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-26 **Financial & Commodity Data:** - Gold Closing Price: $1857.70 - Crude Oil Closing Price: $40.25 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $198,273,281,109 - Hash Rate: 144020516.64769718 - Transaction Count: 276162.0 - Unique Addresses: 591249.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.45 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: TOKYO, JAPAN / ACCESSWIRE / September 8, 2020 / BITFRONT , a global digital currency exchange operated by LVC USA, a subsidiary of a global mobile platform LINE, today announced their partnership with Simplex, the leading fiat infrastructure provider. This exciting partnership gives BITFRONT users the ability to purchase cryptocurrency with the flexibility and convenience of using their credit or debit card. Integrating with Simplex enables BITFRONT to offer an easy onramp to all their supported digital assets: Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH), Litecoin (LTC), and Tether (USDT). The partnership with Simplex brings a valuable payment gateway to the new crypto exchange and built-in wallet. Simplex's fiat onramp provides a borderless and frictionless user experience that's tailored to digital asset traders and holders. With a daily limit of $50,000 and a monthly limit of $200,000, users can purchase cryptocurrencies swiftly and easily with their debit and credit cards, directly in their wallet. By supporting a wide range of fiat currencies, Simplex reduces additional costs for the end-users. Normally, the users' issuing bank charges an average of 3% exchange rate for transactions in local currencies. Simplex's leading payment solution enables easier currency conversion by facilitating affordable fiat-crypto swaps. "Simplex's vision is to make crypto accessible to everyone, globally, and without risk. We're excited to help additional users onramp through our BITFRONT partnership." - said Nimrod Lehavi, CEO of Simplex "At BITFRONT, we are focused on delivering a convenient and safe user experience," said Minje Cho, CEO of LVC USA, "Partnering with Simplex, we hope to bring seamless trading experience together." Formerly known as BITBOX, BITFRONT relaunched in February 2020, leveraging LINE's security and service know-how. The company has a wealth of experience building communication, fintech, and AI services throughout Asia. LINE is listed on both the Tokyo Stock Exchange and Nasdaq. Story continues About BITFRONT Based in the United States, Bitfront is a digital currency exchange operated by LVC USA under LVC Corporation and LINE Corporation. Launched on February 27, 2020, Bitfront focuses on providing a user-centric experience through first-rate customer support, along with the highest levels of security and transparency. Find out more at https://www.bitfront.me/ . About Simplex Simplex is an EU-licensed financial institution, providing the fiat infrastructure for the crypto industry. Simplex processes credit card payments with a 100% guarantee - in case of a fraud chargeback, the merchant gets paid by Simplex. Simplex's cutting-edge fraud prevention solution and proprietary state-of-the-art AI technology blocks fraudulent users and allows legitimate users to complete payments with ease, increasing conversion rates, and enabling merchants to focus on their business growth. Find out more at http://simplex.com/ CONTACT: Marketacross PR Dan Edelstein [email protected] SOURCE: Simplex View source version on accesswire.com: https://www.accesswire.com/605118/Bitfront-Partners-with-Simplex-to-Integrate-Fiat-Crypto-Onramp... - Reddit Posts (Sample): [['u/Mersyanchez', "Who also got a feeling after today's AMA that Swipe's own cardholders are disadvantaged? Especially ones from EU", 27, '2020-09-26 00:24', 'https://www.reddit.com/r/Swipe_io/comments/izthtx/who_also_got_a_feeling_after_todays_ama_that/', "This answer during today's AMA got me thinking:\n\n​\n\nhttps://preview.redd.it/djogg3cm7dp51.jpg?width=829&format=pjpg&auto=webp&s=00fc5fb701e282339f648eee1a485d8fad3990e5\n\n**Correct me if I am wrong**, SXP tokens play the role of gas for paying the network fees. Network fees occur when conversions happen. If Joselito was to introduce fiat wallets as source of funds for the cards, then buying a 3 euro cup of coffee would deduct 3 euros from the fiat wallet, therefore no fees would be generated (same currency, fiat to fiat) and SXP token would be left redundant. If any crypto was used as source of funds, then a conversion would happen , therefore some (hopefully small) fees would occur.\n\nI guess this is the reason why JL doesn't want to introduce fiat wallets. Again, correct me if I am wrong.\n\nBut to me (who has a Steel tier card) that means that I will not be able to comfortably use the card. I am based in EU and EU seems to be Swipe's most active market according to the description on their website:\n\nhttps://preview.redd.it/6ra0v0hk7dp51.jpg?width=885&format=pjpg&auto=webp&s=7f9959353b14729175fa13fcffd52bef7891ac22\n\nIf to summarize, I have two problems with this:\n\n* crypto is not at the point right now where users could comfortably use it as mean of payment for everyday goods, it's highly volatile. Few die-hard fans would definitely use it and buy coffee with BTC, but good luck to them filing tax forms at the end of the tax year. The masses would avoid it due to volatility and tax concerns;\n* the argument that the stablecoins (which are still considered regular crypto and still have to be filled in tax forms - at least in Germany) does not help much the users from EU since there are no Euro-pegged stablecoins out there except the obscure and nothing but stable Stasis Euro.In the ideal world I want to deposit part of my Euro paycheck to Swipe card and use it for paying for groceries without worrying about the current USD / EUR exchange rate, which fluctuates easily by 5% within a month. The point of having 4% BTC cashback is undermined by potential losses from currency conversion and exchange rate fluctuations.\n\nAnd now one more of Joselito's answers which left me even more sad:\n\nhttps://preview.redd.it/1algdqmgadp51.jpg?width=849&format=pjpg&auto=webp&s=c433ad73f64a8c87d323751eb4385bf9ea973ed7\n\nHe says SXP is much more useful for on-chain staking. Of couse it is now so, since for the locked tokens which I can't access (therefore can't trade them and speculate on tokens' price like 90% of Swipe's Telegram group does) I would earn 6 to 12% interest (I am still unable to understand who gets 6 and who gets 12), while the flexible withdraw-any-time on-chain stakers receive over 20%.\n\nAnd it seems even quite weird how Joselito highlighted this fact in his answer, as if he intentionally wanted to discourage users from ordering cards and use the idle tokens for staking on-chain instead. Why can't Swipe use cardholders' frozen deposits for staking on-chain and pay them same interest to them (or better higher due to the inability to withdraw the stake at any moment) is also a mystery to me.\n\n​\n\nSo my very long question/suggestion at the very end of the AMA thread (where I asked Joselito not to lose focus on loyal cardholders - seriously, we voluntarily locked significant funds for half a year at least!) was left unanswered. However I think the two answers above provide all the necessary information... :(I think I mentioned pretty obvious problems with the card product that not only I should see.\n\n**Again, please correct me if I am wrong.**", 'https://www.reddit.com/r/Swipe_io/comments/izthtx/who_also_got_a_feeling_after_todays_ama_that/', 'izthtx', [['u/JoselitoLizarondo', 11, '2020-09-26 20:09', 'https://www.reddit.com/r/Swipe_io/comments/izthtx/who_also_got_a_feeling_after_todays_ama_that/g6pdz2s/', 'Just one quick point. I think you missed this part:\n\n>Are there any new infos about using the Binance UI for Swipe card users? \n**Answer:** There will be a migration of Swipe Cards to the [Binance.com](http://binance.com/) Card UI so that you can use your Binance funds in real time with your Swipe branded Debit Card. After this migration occurs, Swipe Cards can be ordered directly on Binance.com. ***There will be a strong promo for this when his switch happens in the next 30–60 days for Swipe users.***\n\nLoyal Swipe cardholders whom staked SXP will be in for a nice treat within that time period. All your concerns have merit to them and I have taken personal note of this issue and have a resolution plan for this. Once everything is finalized we will make an announcement.\n\nThanks, \nJL', 'izthtx']]], ['u/stackingsatseveryday', 'China is a threat to bitcoin?', 42, '2020-09-26 01:26', 'https://www.reddit.com/r/BitcoinBeginners/comments/izujwv/china_is_a_threat_to_bitcoin/', "I understand that 51% Attack is very costly and probably won't probably much financial incentive to the one who orchestrates it. I came across this blog post called [How China can kill bitcoin](http://galgitron.net/Post/How-China-Can-Kill-Bitcoin) and thought that the author does have quite a good point (despite the tone of the blog post). He argued that the top 4 Chinese mining pools alone represent more than 51% of the hashrate and if the Chinese government are to forcibly commandeer these top 4 mining pools (without having to buy new mining equipment) then they can easily orchestrate the 51% attack within an hour and a double-spend would have been successful. \n\n\nA few questions:\n\n1. If this all is true, wouldn't you say that China is quite a big threat to the existence of bitcoin? Isn't this something we should be more worried about? (it seems that most of bitcoin community just assumed that no one will attempt the 51% attack and it has been debunked many times). I don't know what could be the incentives for China to do this (cracking down money laundering?) but does the fact that they could do this if they want to concern you?\n2. Will bitcoin mining be more decentralized (esp away from China) in the future? It seems that miners should go wherever there is cheap electricity, why haven't more countries jumped in?\n3. Can anyone comment about [Stratum V2](https://www.stratumprotocol.org/#binary)? Will it help address the problem by giving the control to miners o select their own transaction sets? When will it be ready?", 'https://www.reddit.com/r/BitcoinBeginners/comments/izujwv/china_is_a_threat_to_bitcoin/', 'izujwv', [['u/bitusher', 29, '2020-09-26 01:53', 'https://www.reddit.com/r/BitcoinBeginners/comments/izujwv/china_is_a_threat_to_bitcoin/g6l689i/', ">Will bitcoin mining be more decentralized (esp away from China) in the future?\n\nMoores cliff means old ASICs do not become obsolete as quickly. ASICs are already down to 5nm , to put things in perspective Intels most expensive retail chips are still at 14nm , there really isn't that much more room for BTC ASICs to shrink which means decentralization of mining . There are also many fundamental misunderstandings people have towards the advantageous and disadvantageous in industrial mining.\n\nA few things you need to understand about mining -\n\nChipmakers like TSMC and Samsung as 2 examples are the ones that are commissioned to make most ASIC chips(not the full assembled ASIC miner) based upon designs from Bitcoin ASIC manufactures. These foundries are involved in diverse chip making and obviously aren't directly involved in Bitcoin or its politics but fulfilling large orders from whoever commissions them.\n\nThe most popular ASIC manufacturers for Bitcoin right now are Whatsminer, Innosilicon, Bitmain, Caanan, Ebit, and Ebang. Many more ASIC manufacturers exist but they come and go based upon merit in a highly competitive race. For example Bitfury used to be one of the best manufacturers , and now has very little market share. Bitmain used to dominate , and than made some poor design decisions (lead engineer left them) and now competes with at least 4 others for the most efficient ASICs. This is a highly competitive and changing ecosystem.\n\nLarge miners main advantage is economies of scale over smaller miners. If you are an ASIC manufacturer you have large advantage over others because you can premine off your newest hardware and sell you last generation ASICs to others. This does occur , but is simplistic view and not the full picture. The reality is ASIC manufacturers Sell their newest ASICs with partners for industrial mining , sell their latest hardware to smaller miners for a premium, and mine themselves, while at the same time selling older ASICs on the market. Why do they do this? Because ASIC manufacturing is highly competitive and they need to hedge their investments as quickly as possible and de-risk from regulatory concerns as well.\n\nAmateur mining doesn't come with many risks of manufacturers who come and go (they are forced to make huge investments in ASIC orders and have long development pipelines fraught with risks)\n\nAmateur mining does not have the overhead of employees , security, regulatory compliance, building costs, tax liabilities , etc...\n\nNow here is what is interesting, this last generation of ASICs that went from 7nm to 5nm in size did not have the same efficiency jumps as previous drops. This is because 5nm is already at the edge of what can be done with silicone, we can possibly shrink down to 2-3nm but it gets extremely difficult as the gates start to get the size of a few atoms wide and quantum concerns and heat become a very big concern.\n\nWhy is any of this important?\n\nIn the past when ASICs wen... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33, 10669.58, 10793.34, 10604.41
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 0.39% on Saturday. Reversing a 0.41% loss from Friday, Bitcoin ended the day at $10,750.0. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,675.0 before making a move. Steering clear of the first major support level at $10,601, Bitcoin rallied to a mid-morning intraday high $10,841.0. Bitcoin broke through the first major resistance level at $10,795 before falling back to sub-$10,700 levels and into the red. Finding late support, Bitcoin struck a late afternoon high $10,795.0 before easing back. The first major resistance level at $10,795 pinned Bitcoin back late in the day. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Binance Coin and Bitcoin Cash SV rallied by 6.07% and by 5.32% respectively to lead the way. Bitcoin Cash ABC (+2.55%), Ethereum (+0.57%), and Litecoin (+0.07%) also found support. It was a bearish day for the rest of the majors, however. Cardano’s ADA (-1.67%), Chainlink (-3.83%), Crypto.com Coin (-0.06%), Polkadot (-2.35%), and Ripple’s XRP (-0.06%) struggled. In the current week, the crypto total market rose to a Monday high $334.04bn before sliding to a Wednesday low $300.97bn. At the time of writing, the total market cap stood at $324.93bn. Bitcoin’s dominance rose to a Wednesday high 62.31% before falling to a Saturday low 60.81%. At the time of writing, Bitcoin’s dominance stood at 61.09%. This Morning At the time of writing, Bitcoin was up by 0.02% to $10,752.0. A range-bound start to the day saw Bitcoin fall to an early morning low $10,748.1 before rising to a high $10,754.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Chainlink (-0.41%), Ethereum (-0.01%), Litecoin (-0.09%), and Polkadot (-0.25%) struggled early on. Story continues It was a relatively bullish start for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 0.56% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move through the $10,755 pivot level to support a run at the first major resistance level at $10,836. Support from the broader market would be needed, however, for Bitcoin to break back through to $10,800 levels. Barring an extended crypto rally, the first major resistance level and Saturday’s high $10,841 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $10,900 before any pullback. The second major resistance level at $10,921 would likely cap any upside, however. Failure to move through the $10,755 pivot would bring the first major support level at $10,670 into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 levels. The second major support level at $10,589 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – Data, Covid-19, Geopolitics and More to Keep the Markets Busy The Weekly Wrap – Economic Datta and COVID-19 Hit Riskier Assets NZD/USD Forex Technical Analysis – Weakens Under .6540, Strengthens Over .6590 Gold Weekly Price Forecast – Gold Markets Have a Rough Week US Stock Market Overview – Stocks Rise as Nasdaq Closes Positive for the Week Silver Weekly Price Forecast – Silver Markets Collapsed', 'Bitcoin, BTC to USD, rose by 0.39% on Saturday. Reversing a 0.41% loss from Friday, Bitcoin ended the day at $10,750.0. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,675.0 before making a move. Steering clear of the first major support level at $10,601, Bitcoin rallied to a mid-morning intraday high $10,841.0. Bitcoin broke through the first major resistance level at $10,795 before falling back to sub-$10,700 levels and into the red. Finding late support, Bitcoin struck a late afternoon high $10,795.0 before easing back. The first major resistance level at $10,795 pinned Bitcoin back late in the day. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Binance Coin and Bitcoin Cash SV rallied by 6.07% and by 5.32% respectively to lead the way. Bitcoin Cash ABC (+2.55%), Ethereum (+0.57%), and Litecoin (+0.07%) also found support. It was a bearish day for the rest of the majors, however. Cardano’s ADA (-1.67%), Chainlink (-3.83%), Crypto.com Coin (-0.06%), Polkadot (-2.35%), and Ripple’s XRP (-0.06%) struggled. In the current week, the crypto total market rose to a Monday high $334.04bn before sliding to a Wednesday low $300.97bn. At the time of writing, the total market cap stood at $324.93bn. Bitcoin’s dominance rose to a Wednesday high 62.31% before falling to a Saturday low 60.81%. At the time of writing, Bitcoin’s dominance stood at 61.09%. This Morning At the time of writing, Bitcoin was up by 0.02% to $10,752.0. A range-bound start to the day saw Bitcoin fall to an early morning low $10,748.1 before rising to a high $10,754.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Chainlink (-0.41%), Ethereum (-0.01%), Litecoin (-0.09%), and Polkadot (-0.25%) struggled early on. Story continues It was a relatively bullish start for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 0.56% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move through the $10,755 pivot level to support a run at the first major resistance level at $10,836. Support from the broader market would be needed, however, for Bitcoin to break back through to $10,800 levels. Barring an extended crypto rally, the first major resistance level and Saturday’s high $10,841 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $10,900 before any pullback. The second major resistance level at $10,921 would likely cap any upside, however. Failure to move through the $10,755 pivot would bring the first major support level at $10,670 into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 levels. The second major support level at $10,589 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – Data, Covid-19, Geopolitics and More to Keep the Markets Busy The Weekly Wrap – Economic Datta and COVID-19 Hit Riskier Assets NZD/USD Forex Technical Analysis – Weakens Under .6540, Strengthens Over .6590 Gold Weekly Price Forecast – Gold Markets Have a Rough Week US Stock Market Overview – Stocks Rise as Nasdaq Closes Positive for the Week Silver Weekly Price Forecast – Silver Markets Collapsed', "Will the future of currency be led by the U.S., China, Bitcoin, or some combination we can barely imagine today? For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . This episode is sponsored by Crypto.com , Bitstamp and Nexo.io . Related: Bitcoin News Roundup for Sept. 28, 2020 This week’s Long Reads Sunday is a reading of “ The Currency Cold War: Four Scenarios ” by Jeff Wilser – part of CoinDesk’s Internet 2030 series. In it, Wilsner talks to experts about four scenarios: A multi-currency scenario, where exchange is abstracted away via digital wallets A China-led scenario A U.S.-led scenario A bitcoin /non-state currency-led scenario In addition to reading, NLW gives his take on which scenario is most likely. See also: Sven Henrich on the Ever-Weakening Economic Cycle Related: The 51% Attack Nightmare Scenario (Isn't That Bad) For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . Related Stories Understanding the Coming Currency Cold War Understanding the Coming Currency Cold War", "Will the future of currency be led by the U.S., China, Bitcoin, or some combination we can barely imagine today?\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\nThis episode is sponsored byCrypto.com,BitstampandNexo.io.\nRelated:Bitcoin News Roundup for Sept. 28, 2020\nThis week’s Long Reads Sunday is a reading of “The Currency Cold War: Four Scenarios” by Jeff Wilser – part of CoinDesk’s Internet 2030 series.\nIn it, Wilsner talks to experts about four scenarios:\n• A multi-currency scenario, where exchange is abstracted away via digital wallets\n• A China-led scenario\n• A U.S.-led scenario\n• Abitcoin/non-state currency-led scenario\nIn addition to reading, NLW gives his take on which scenario is most likely.\nSee also:Sven Henrich on the Ever-Weakening Economic Cycle\nRelated:The 51% Attack Nightmare Scenario (Isn't That Bad)\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\n• Understanding the Coming Currency Cold War\n• Understanding the Coming Currency Cold War", "Another busy week of IPOs is set for the week of Sept. 28. Here is a look at many of the companies set to price and go public this week. Boqii Holdings Ltd. The largest pet-focused platform by revenue and customers in China, Boquii Holdings Ltd. (NYSE: BQ)\xa0is set to go public in the U.S.\xa0offering 7 million ADS at a price point of $1 **Last 60 Days of Bitcoin's Closing Prices:** [11100.47, 11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-27 **Financial & Commodity Data:** - Gold Closing Price: $1857.70 - Crude Oil Closing Price: $40.25 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $198,273,281,109 - Hash Rate: 145940790.2029998 - Transaction Count: 259382.0 - Unique Addresses: 538619.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.47 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: NEW YORK, NY / ACCESSWIRE / September 25, 2020 /New To The Street "Exploring The Block" is pleased to be broadcasting on Bloomberg Saturday 9/26 6 PM est. Featuring fetch.ai (FET) ,Somee.social (ONG), Sologenic (SOLO), and NativeCoin(N8V) This show Number 139 for " New To The Street" marks the 10thyear anniversary producing top business content for the largest television networks on the globe stated Creator and Co-Founder Vince Caruso. Through the years we have seen our show result in partnerships, market cap appreciation, and overall company growth for our clients totaling over a billion dollars stated Stephen Simon President and Co-Founder. In addition to Bloomberg broadcast Saturday this show will also broadcast in its entirety on Fox Business Network Monday, September 28that 1030pm pst. Fetch.ai is broadcasting its third interview and scheduled to film its fourth in series in the upcoming weeks. Fetch.ai discusses "Mettalex is offering something that is not possible within traditional markets," saidHumayun Sheikh CEO and Founder of Mettalex. "On Mettalex, traders will be able to create tokenized spread contracts for some of the most in-demand commodities on the market with USD/BTC/ETH pairs. At launch, we will support spreads on traditional and digital commodities like compute cycle price, gas costs, cloud compute and more traditional commodities like steel and iron ore, gold and silver, lithium and cobalt, oil, and the stock market index." Somee.social (ONG) will be appearing in their 4th interview. Actors for Somee discussing. 1. Protecting Data & Content; using Blockchain & Crypto technology, SoMee allows users to post securely without worry of sold information. 2. Gamified and Monetizable; SoMee provides the ability to receive rewards for your actions. 3. Global scale; a platform designed to connect and support humanity through "Social for a Cause." SoMee is generating a lot of interest in the crypto and social worlds. Why? Because it's combining the latest groundbreaking blockchain technology with the most popular way people interact in the modern age; social media. Jane King sits down (virtually) with actors Peter Ivanov, Bejo Dohmen, and Nick Dong-Sik who are avid users of this novel platform to gather their perspectives. Peter Ivanovhas been featured in ABC's episodic TV series "In An Instant" and recently completed filming an independent feature. Bejo Dohmenis known for several TV shows in Germany such as his latest upcoming pilot "Ready to Rumble" and has also won several awards through the 2020 Academy Award-qualifying, best live-action short film "Kommando 1944." Nick Dong-Sikis known for "Charlie's Angels", "Iron Sky", "Within the Whirlwind", and Netflix's "Marco Polo", while working alongside A-list actors and is currently working on the German TV series "Helen Dorn". Discussing everything from how SoMee functions to how the platform may serve artists, Peter, Bejo, and Nick provide their two cents. Here's what we've found out: SoMee is a blockchain-based, social media platform aimed at evolving the social media community. With a focus on security and monetization, SoMee offers something other platforms like Facebook, Twitter, or Instagram can't; control. Users are now provided with an outlet for their content and data which protects and respects each user's right to control their information and posts, without worry of having information sold. Not only that, but the users now also have the option to monetize effectively. How? Through community interaction. Currently, users are posting on other platforms and receiving "likes" and "shares", but that's it. Unless you reach "influencer" or "celebrity" status on these platforms and somehow strike a deal with various brands or entities, all you receive is attention in the form of "likes" and "shares." Even if your post goes viral, you may reach a ton of viewers, but still, nothing may come of it. This is where SoMee comes in. Now, users have the ability to monetize those likes directly, and you don't have to be an "influencer" or "celebrity." If you come up with something cool, creative, or viral, and people take notice, boom; rewarded. In the interview, Bejo Dohmen also comments on the potential of this system by mentioning that artists could even have a chance to introduce an idea and gain funding through community support. He loves the idea that SoMee allows him to help people with a simple "upvote" which could potentially change someone's life. Another important point was made by Peter Ivanov when he mentions "Social for a Cause"; SoMee's growing, philanthropic effort to bring the world together by increasing the awareness and assistance of those struggling and in need all around the globe. SoMee operates on a global scale, so users from around the world have the opportunity to interact with each other. Not only does it connect everyone, but it also provides an opportunity to help users who may be located in fallen economies, war-torn locations, or third-world areas. Nick Dong-Sik likes to compare SoMee's ONG1 to Bitcoin, stating that he remembers when Bitcoin began, but never seized the opportunity, feeling like he "missed out," but now he's happy to be onboard with SoMee from the beginning. SoMee is dedicated to taking the social media space to the next level by providing monetization, control, and global community interaction like we've never seen before. The actors all agree that SoMee is the next big thing and is full of potential. Now is the chance to join the community which could change your life and the lives of anyone anywhere anytime. Don't miss out! NativeCoin (N8V) Jeff Johnson COO discusses powerful new partnerships in their new extended series . " NativeCoin has a new partnership coming that will help Indian Country in ways never before thought Possible" stated Jeff Johnson COO Ferrum:"Ferrum Network is incredibly proud to be partnering with NativeCoin in order to make crypto easy and valuable for their users. Ferrum's Link Drop technology means sending crypto is as easy and secure as sending an email. And our Staking technology means users can earn high yields simply for staking NativeCoin in their wallet. Together we look forward to making crypto easy, valuable and useful for millions of people!" Stated CEO Ian Friend. SOLOGENIC (SOLO) Featuring Co-Creator Bob Ras who is also the CEO of Coinfield."One of the many problems Sologenic is solving is providing access to the global financial markets using Blockchain technology. We're creating a Hybrid DeFi ecosystem allowing users from different parts of the world to trade and tokenize over 40K+ assets from 30 global stock exchanges within a regulatory framework inside the EU. The tokenization also creates a unique opportunity for users to trade a fraction or full amount of any stock and spend them in real-time via SOLO Cards." Bob Ras, The Co-Creator of Sologenic About FMW MediaFMW Media Corp. operates one of the longest-running U.S and International sponsored programming T.V. brands "NewToTheStreet,http://www.NewtotheStreet.comand its blockchain show "Exploring The Block."http://www.ExploringTheBlock.com.Since 2009, these brands run sponsored media formatted shows across three major U.S. Television networks. The TV platforms reach over 540 million homes both in the US and international markets. Twitter @NewtotheStreet @ExploringBlock CONTACT:For FMW Media:Bryan [email protected] Press Contact:Christopher [email protected] SOURCE:FMW Media Works Corp View source version on accesswire.com:https://www.accesswire.com/607917/NEW-TO-THE-STREET-to-broadcast-Show-139-Tomorrow-6-PM-est-on-Bloomberg-Television... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33, 10669.58, 10793.34, 10604.41, 10668.97
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin closed Sunday at $10,793 setting a record of 63 consecutive daily closes above $10,000, according to market data aggregated byMessari.\n• The bellwether cryptocurrency’s previous record 62-day streak above $10,000 lasted from Dec. 1, 2017, through Jan. 31, 2018, when bitcoin reached its all-time high of just above $19,900 on Coinbase after soaring nearly 100% in 2 weeks.\n• Bitcoin’s latest prolonged period above the major five-digit mark, however, has been relatively quiet, mostly staying in a fairly small range between $10,000 and $12,500.\n• According toCoin Metrics, 180-day returns volatility for the leading cryptocurrency has plummeted 41% so far in September.\n• Bitcoin Sets Record 63 Straight Days Closing Above $10,000\n• Bitcoin Sets Record 63 Straight Days Closing Above $10,000\n• Bitcoin Sets Record 63 Straight Days Closing Above $10,000\n• Bitcoin Sets Record 63 Straight Days Closing Above $10,000', 'Bitcoin closed Sunday at $10,793 setting a record of 63 consecutive daily closes above $10,000, according to market data aggregated by Messari . The bellwether cryptocurrency\x92s previous record 62-day streak above $10,000 lasted from Dec. 1, 2017, through Jan. 31, 2018, when bitcoin reached its all-time high of just above $19,900 on Coinbase after soaring nearly 100% in 2 weeks. Bitcoin\x92s latest prolonged period above the major five-digit mark, however, has been relatively quiet, mostly staying in a fairly small range between $10,000 and $12,500. According to Coin Metrics , 180-day returns volatility for the leading cryptocurrency has plummeted 41% so far in September. Related Stories Bitcoin Sets Record 63 Straight Days Closing Above $10,000 Bitcoin Sets Record 63 Straight Days Closing Above $10,000 Bitcoin Sets Record 63 Straight Days Closing Above $10,000 Bitcoin Sets Record 63 Straight Days Closing Above $10,000', 'Bitcoin closed Sunday at $10,793 setting a record of 63 consecutive daily closes above $10,000, according to market data aggregated byMessari.\n• The bellwether cryptocurrency’s previous record 62-day streak above $10,000 lasted from Dec. 1, 2017, through Jan. 31, 2018, when bitcoin reached its all-time high of just above $19,900 on Coinbase after soaring nearly 100% in 2 weeks.\n• Bitcoin’s latest prolonged period above the major five-digit mark, however, has been relatively quiet, mostly staying in a fairly small range between $10,000 and $12,500.\n• According toCoin Metrics, 180-day returns volatility for the leading cryptocurrency has plummeted 41% so far in September.\n• Bitcoin Sets Record 63 Straight Days Closing Above $10,000\n• Bitcoin Sets Record 63 Straight Days Closing Above $10,000\n• Bitcoin Sets Record 63 Straight Days Closing Above $10,000\n• Bitcoin Sets Record 63 Straight Days Closing Above $10,000', '(Bloomberg) -- A fledgling Chinese brokerage is betting that investors will flock to bot trading to capitalize on the price swings in the $300 billion cryptocurrency market. BitUniverse, a startup that counts China’s Shunwei Capital and ZhenFund among its backers, has a monthly trading volume of around $5 billion on its online brokerage platform, according to Beijing-based founder Chen Yong. And more than 80% of its 100,000-some users run a grid trading algorithm every day, which automates buy and sell orders at certain regular intervals to capitalize on normal price volatility, Chen said. The cryptocurrency boom of recent years has given birth to major exchange operators like Binance and Huobi -- but brokerage services, which play a major role in traditional financial markets, aren’t much of a presence in the arena. BitUniverse is among a new wave of startups hoping to become a one-stop platform for regular people to trade crypto like Bitcoin and Ether, providing them with the liquidity from a multitude of exchanges. Its algorithms help users place orders 24 hours a day, seven days a week -- which some exchanges offer but is more rare from brokerages. “Trading bots let users overcome their humanity flaws and become a rational investor,” Chen said in a video interview. That doesn’t mean they will be guaranteed to make money, he adds, but they will “at least lose less.” Chen, who co-founded utility app provider Cheetah Mobile Inc., started his crypto venture at the end of 2017. BitUniverse’s Pionex brokerage service launched a year ago and has already become a major cash cow for the firm. BitUniverse, which is incorporated in Singapore, now makes roughly $3 million a month by charging a fee of 0.05% per transaction to traders in places from China to Europe and the U.S, Chen said. About 80% of Pionex’s trades are fulfilled by the order books on Binance and Huobi, he said. In 2018, BitUniverse raised close to $10 million from prominent Chinese venture capital firms Shunwei, ZhenFund and Gaorong Capital at a $50 million valuation, according to the company. Chen runs a team of around 80 people, most of whom are developers hailing from Chinese tech firms including Cheetah, Alibaba Group Holding Ltd. and Baidu Inc., he said. Story continues For more articles like this, please visit us at bloomberg.com Subscribe now to stay ahead with the most trusted business news source. ©2020 Bloomberg L.P.', '(Bloomberg) -- A fledgling Chinese brokerage is betting that investors will flock to bot trading to capitalize on the price swings in the $300 billion cryptocurrency market.\nBitUniverse, a startup that counts China’s Shunwei Capital and ZhenFund among its backers, has a monthly trading volume of around $5 billion on its online brokerage platform, according to Beijing-based founder Chen Yong. And more than 80% of its 100,000-some users run a grid trading algorithm every day, which automates buy and sell orders at certain regular intervals to capitalize on normal price volatility, Chen said.\nThe cryptocurrency boom of recent years has given birth to major exchange operators like Binance and Huobi -- but brokerage services, which play a major role in traditional financial markets, aren’t much of a presence in the arena.\nBitUniverse is among a new wave of startups hoping to become a one-stop platform for regular people to trade crypto like Bitcoin and Ether, providing them with the liquidity from a multitude of exchanges. Its algorithms help users place orders 24 hours a day, seven days a week -- which some exchanges offer but is more rare from brokerages.\n“Trading bots let users overcome their humanity flaws and become a rational investor,” Chen said in a video interview. That doesn’t mean they will be guaranteed to make money, he adds, but they will “at least lose less.”\nChen, who co-founded utility app provider Cheetah Mobile Inc., started his crypto venture at the end of 2017. BitUniverse’s Pionex brokerage service launched a year ago and has already become a major cash cow for the firm. BitUniverse, which is incorporated in Singapore, now makes roughly $3 million a month by charging a fee of 0.05% per transaction to traders in places from China to Europe and the U.S, Chen said. About 80% of Pionex’s trades are fulfilled by the order books on Binance and Huobi, he said.\nIn 2018, BitUniverse raised close to $10 million from prominent Chinese venture capital firms Shunwei, ZhenFund and Gaorong Capital at a $50 million valuation, according to the company. Chen runs a team of around 80 people, most of whom are developers hailing from Chinese tech firms including Cheetah, Alibaba Group Holding Ltd. and Baidu Inc., he said.\nFor more articles like this, please visit us atbloomberg.com\nSubscribe nowto stay ahead with the most trusted business news source.\n©2020 Bloomberg L.P.', 'An unsurprising statement from a financial regulator is sending some welcome signals that point to a spurt of innovation ahead.\nThe U.S. Office of the Comptroller of the Currency (OCC) issued a statement earlier this week saying that national banks can provide services to stablecoin issuers in the U.S.\nThis is not a surprise, as banks have been doing so for some time. But they have been doing so under a cloud of regulatory uncertainty. The statement gives the first sign of official clarity on the idea that stablecoins are legitimate representations of value.\nRelated:Blockchain Bites: DeFi Meets NFTs, TSLA Beats Bitcoin in Volatility, Uniswap Breaks $2B\nWhy is this significant for markets?\nTo start with, it signals a growing regulatory acceptance of stablecoins. While fiat-backed blockchain-based tokens have been often talked about in the halls of power, especially after Facebook’s stablecoin project Libra was announced last year, they had not been recognized in an official statement as an acceptable result of financial innovation – until now.\nAnd the U.S. is not the only significant economic bloc to signal acceptance: Earlier this week, the European Central Bank (ECB)issued a reportthat assesses the threats stablecoins could pose. But rather than hint that stablecoins might be in trouble, the report conveys that the ECB\xa0isfiguring outhow to mitigate the potential risks.\nThe issue was becoming urgent, given the explosive increase in stablecoin demand. The total value of stablecoins has now surpassed $18 billion, up from $10 billion just four months ago. Much of this growth has been driven by international demand for dollars as well as the increasingly sophisticated financial tools being built on top of public blockchain technology. USDC, the leading U.S.-based stablecoin, has seen its market cap almost quadruple so far this year, to over $2 billion.\nRelated:The Biggest Story in Crypto: The Stablecoin Surge and Power Politics\nReading between the lines, the message goes even further. Acceptance is one thing; support is another. The OCC is signaling to banks that stablecoin activity is legitimate, and that reserve accounts will be offered the same federal protections as any other.\nThis could incentivize banks to actively seek stablecoin business, and in so doing, broaden both their client **Last 60 Days of Bitcoin's Closing Prices:** [11111.21, 11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-28 **Financial & Commodity Data:** - Gold Closing Price: $1872.80 - Crude Oil Closing Price: $40.60 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $200,915,864,881 - Hash Rate: 123857644.31701957 - Transaction Count: 295476.0 - Unique Addresses: 629197.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.43 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The Cato Institute’s George Selgin recently quipped that economists who are neither gold bugs nor advocates of Modern Monetary Theory (MMT) are distinguished on Twitter by their relatively low follower numbers (himself included). The joke, for which I owe a hat tip to Nathaniel Whittemore’s podcast interview with Selgin on The Breakdown , seems especially relevant right now. Demands for COVID-19 fiscal stimulus are driving an increasing number of liberals to embrace MMT’s no-limits position on government spending while hard-money conservatives, disdainful of government expansion, are pouring money into gold as a hedge against runaway inflation and general monetary breakdown. As both extremes garner all the attention, it’s difficult for nuanced, middle-ground voices to be heard. But that middle position is exactly where I’m going with this column, inspired by having just read “ The Deficit Myth ,” the influential new book by MMT’s most prominent advocate, Stephanie Kelton. Related: APIs Will Decentralize CBDCs You’re reading Money Reimagined , a weekly look at the technological, economic and social events and trends that are redefining our relationship with money and transforming the global financial system. You can subscribe to this and all of CoinDesk’s newsletters here . Some of my words might attract scorn from the bitcoin community’s “digital gold bugs,” who tend to view MMT’s suggestion that governments ignore deficits and manage spending by printing money as crazy talk. Unlike them, I think MMT’s take on the relationship between government and money is essentially accurate and that it’s a useful point of understanding in our ongoing debates over how best to deliver economic stimulus in the COVID-19 era. But I’m also going to say that, within the current analog financial system, MMT’s policy prescriptions would be a recipe for disaster. Without the discipline of fiscal responsibility, especially without the political accountability of having to fund spending with unpopular taxes, what’s to stop sovereign money issuers from doing what they’ve done through history and debasing their currency? Story continues As per the arguments in last week’s newsletter about Argentina , the very act of removing fiscal constraints would undermine the thing that matters most for a currency to function: trust. Related: Enterprises Would Use DeFi, if It Weren't so Public The bigger question, then, is what can be done to enhance trust so that unencumbered government spending can be appropriately deployed to encourage sustainable economic prosperity for all citizens. How might cryptocurrency and blockchain tools help? Uncle Sam can’t go bankrupt Kelton and her colleagues get some things right. To start with, they convincingly demonstrate the budget of a sovereign, currency-issuing government is incomparable to that of, say, a household or a company. There is no way for a government to go bankrupt, not in the literal, legal sense. And if its debts are owed in its own currency, there is no reason to expect they won’t be repaid, at least in nominal terms. That basic but important insight exposes the common misconception that governments are constrained by a fixed pool of resources that can only be increased through taxation or borrowing. MMTers say the unique sovereign power of currency issuance renders the idea of nominal funding limits false. Thus, they show the harm done by rigid rules such as balanced-budget requirements and debt ceilings. Kelton argues this misconception stems from traditional economics, which frames the sequencing of government fiscal activity backwards. Taxation is not a mechanism for raising funds for future expenditures but a way for a government to compel people to use the currency that its spending initially brought into existence. Taxation assigns utility, and therefore value, to the currency, she argues. Using the acronyms “TAB(S)” and “S(TAB),” Kelton argues the sequencing is not “taxing and borrowing precede spending” but “spending before taxing and borrowing.” No longer conceived as fundraising tools, taxation and debt issuance should instead be viewed as policy levers for managing income distribution, influencing borrowing rates in credit markets and moderating the overall flow of money in the economy. The third of those goals is critical, MMTers say, because governments must respect the “inflation constraint,” the one thing they view as a real, tangible limit on government expenditure. Far from approaching inflation with reckless abandon, MMTers are obsessive about it. They insist governments be singularly focused on preventing a destructive acceleration in prices from undermining a currency’s store of value and hurting savers at the expense of borrowers. Fine in theory but in practice? So much for theory. The core problem with MMT, as I see it, is that all state agencies, not just central banks, now have to be trusted to fight the inflation bogey. They must measure it, predict it and preemptively stop it. That’s easier said than done. More important, they have to be properly incentivized to do so. Because governments are currently sitting on a mountain of rising debt (see the Global Town Hall below), they’re incentivized to encourage inflation, not fight it. Because debt payments are fixed in nominal terms while incomes and tax revenue vary with changing prices, inflation inherently helps the borrower (in this case the government) and hurts the lender (bondholders). Having inflation as the only constraint exacerbates a principal-agent misalignment. It’s bad enough that government leaders and lawmakers already inoculate themselves from political pressure through gerrymandering and other forms of voter disenfranchisement. Now, without the duty to raise taxes to pay for their spending and with the opportunity to inflate away their debt obligations, it’s easy to imagine a further dereliction of their public duty. All that’s needed for inflation to set in is the wrong message. If people believe their government is going to become profligate, their inflation expectations will get baked into preemptive price rises, creating a self-fulfilling prophecy. The issue, again, comes down to trust. It may well be a myth, per Kelton, that “taxing and borrowing precedes spending.” But that story serves a purpose if it helps people retain trust in their government. After all, as the historian Yuval Harari explains , it’s our capacity to tell stories and organize ourselves around them – not the veracity of those stories per se – that allowed homo sapiens to build civilization and take over the world. An alternative This risk of trust failure means an MMT approach is not viable within our current system of government. It would invite the kinds of monetary problems suffered by Venezuela, Zimbabwe, Argentina and Turkey into relatively stable economies such as the U.S. But what about in an era of central bank digital currencies? Perhaps CBDCs could offer more transparency and accountability to MMT-guided policymakers, allowing them greater expenditure leeway within the bounds of the inflation constraint. The rich data generated by a digital monetary system could help officials better estimate money supply, demand and, importantly, velocity (the rate of exchange) – all factors that contribute to inflation but are traditionally hard to measure. Further, blockchain-based smart contracts could be instituted to automate monetary policy adjustments according to changes in these data inputs. Of course, those automated systems could be overridden by the central bank, most easily if the CBDC is based on a closed, single-authority model. But if the systems are audited by a third party, perhaps by the International Monetary Fund, central banks and the government institutions they answer to would face a difficult political backlash if they were shown to be abandoning the model. In return for the policymaking freedom that MMT affords them, bolder governments might even adopt permissioned or even permissionless blockchains to lock in these contractual systems and demonstrate their commitment to protecting the value of their currency. So, you see, interesting ideas can still flourish in the middle path between the extremes. Bitcoin’s luster grows By Galen Moore, CoinDesk senior research analyst Bitcoin has never looked more like “digital gold” than it does now. Consider: Despite the popularity of the “gold 2.0” narrative, for most of its recent life bitcoin has shown a negative correlation with the price of the yellow metal. If that surprises you, it shouldn’t. Bitcoin is a risk-on asset, a venture bet on a future technology that most people in the world have never used. Unlike most such investments, bitcoin is fairly liquid. It makes sense that in times of crisis, it’s one of the first things sold to raise cash. That’s what happened in March, apparently, and bitcoin’s safe-haven narrative took a hit . Following March 12, bitcoin started to show a stronger correlation to gold. It also moved in tandem with U.S. stocks. “In a crisis, all correlations go to one.” (If you’re sick of hearing that line repeated, you’re not alone.) Look what’s happened in the past two months. Bitcoin’s positive correlation to gold is stronger and more consistent than it has ever been, at any time in the past. And its correlation to the S&P 500 is falling back into non-correlated territory. It’s one thing to say bitcoin has potential as an inflation hedge. It’s another to be actually looking hard for the inflation hedge with the highest potential earnings out there. Notably, this week, as overbought gold saw a correction, bitcoin held strong. The rest of Q3 will either jumble bitcoin’s “digital gold” narrative again, or will solidify bitcoin (market cap $216 billion) as a contender against gold, an asset that has a valuation in the trillions. Global town hall PRAYING FOR BENIGN INFLATION. Whatever you make of MMT, demand for fiscal discipline constrains a g... - Reddit Posts (Sample): [['u/whis1234', '10k in to the exchange.... advice??', 19, '2020-09-28 03:02', 'https://www.reddit.com/r/BitcoinBeginners/comments/j12l5d/10k_in_to_the_exchange_advice/', 'I was thinking about putting 10 grand into Bitcoin onto an exchange, is this a good idea? Need advice.\n\nNot accepting any private messages.\n\nThank you ♥️', 'https://www.reddit.com/r/BitcoinBeginners/comments/j12l5d/10k_in_to_the_exchange_advice/', 'j12l5d', [['u/southofearth', 14, '2020-09-28 03:28', 'https://www.reddit.com/r/BitcoinBeginners/comments/j12l5d/10k_in_to_the_exchange_advice/g6ws46t/', 'No, learn how to set up your own wallet and keep it there, not on an exchange. Write down your 12 word seed on a piece of paper, not online, and never show it to anyone. I suggest you also spend at least 1 month researching being your own bank before you buy anything.', 'j12l5d']]], ['u/stackingsatseveryday', 'What is the greatest threat to bitcoin’s success beyond 2020?', 22, '2020-09-28 04:11', 'https://www.reddit.com/r/Bitcoin/comments/j13mzq/what_is_the_greatest_threat_to_bitcoins_success/', 'As of today (September 2020), what do you think is the greatest threat to bitcoin’s success in getting to 6-digit price? \n\n- Other cryptos \n- Government’s banning/regulations\n- Governments decide to become fiscally responsible \n- Mining becomes unprofitable\n- Network becomes too congested when price rise and transaction fees get too prohibitively expensive\n- Failure of micropayments (LN turns out to be not usable/scalable)\n- Tether getting audited and bring down all cryptos\n- solvency issues and liquidity crisis\n- something else not mentioned?\n\nThoughts?', 'https://www.reddit.com/r/Bitcoin/comments/j13mzq/what_is_the_greatest_threat_to_bitcoins_success/', 'j13mzq', [['u/xtal_00', 12, '2020-09-28 06:39', 'https://www.reddit.com/r/Bitcoin/comments/j13mzq/what_is_the_greatest_threat_to_bitcoins_success/g6xa8ct/', "There are no credible threats to Bitcoin at this stage.\n\nI don't say that lightly.", 'j13mzq']]], ['u/ShadowOrson', 'According to George Donnelly the Chinese BCH users/community desire: faster confirmation times, faster entry and exit from exchanges, an increased price and more adoption and forward movement', 35, '2020-09-28 04:19', 'https://www.reddit.com/r/btc/comments/j13r3k/according_to_george_donnelly_the_chinese_bch/', 'In the post "[Chinese BCH users are interested to see what the protocol development roadmap is post-ABC. Any word on that?](https://old.reddit.com/r/btc/comments/izlu5p/chinese_bch_users_are_interested_to_see_what_the/)" created about 48 hours ago there is [this comment by George Donnelly](https://old.reddit.com/r/btc/comments/izlu5p/chinese_bch_users_are_interested_to_see_what_the/g6vq7o6/), an emissary of the Chinese BCH users/community informed, me that the Chinese BCH users/community desire: \n\n* faster confirmation times,\n\n* faster entry and exit from exchanges,\n\n* increased price and\n\n* more adoption\n\n* and forward movement\n\nI am very interested in understanding what the Chinese BCH users/community are doing to address the issues that are important to them.\n\nCan the Chinese BCH users/community provide the research they have done regarding "faster confirmation times". What is the minimum reduction in confirmation sought?\n\nI am interested in knowing what efforts the Chinese BCH users/community have gone to get exchanges to address "faster entry and exit from exchanges". Is there a difference between Chinese and non-Chinese exchanges entrance and exit times? What is their target for "faster entry and exit from exchanges"?\n\n\nWhat are the Chinese BCH users/community doing to "increase price"? What do they expect others to do regarding "increased price"?\n\nWhat steps are the Chinese BCH users/community taking towards "more adoption"?\n\nCould the Chinese BCH users/community provide some specific information on what "forward movement" means?', 'https://www.reddit.com/r/btc/comments/j13r3k/according_to_george_donnelly_the_chinese_bch/', 'j13r3k', [['u/jonas_h', 20, '2020-09-28 05:44', 'https://www.reddit.com/r/btc/comments/j13r3k/according_to_george_donnelly_the_chinese_bch/g6x5ve8/', "And he would say he got kicked out by pro-ABC people who don't want him to educate the Chinese on the upcoming split. And that you're the one spreading disinformation.\n\nWho's right? I don't know, but that they've been requesting faster confirmations is well known. And who doesn't want increased price and adoption?", 'j13r3k'], ['u/JonathanSilverblood', 15, '2020-09-28 07:07', 'https://www.reddit.com/r/btc/comments/j13r3k/according_to_george_donnelly_the_chinese_bch/g6xcbii/', 'Of this list above there are some things that are somewhat dependent on eachother:\n\n"faster entry and exit from exchanges" requires an increase in relative hashrate ("increased price") and that is achieved by "more adoption" which can be got with "forward movement".\n\nIt would seem that what\'s really desired then, is positive marketing. We recently have had multiple flipstarters trying to build that positive marketing, and while the donations are anonymous I haven\'t really seen any clear and strong engagement from the chinese on these flipstarters. I\'m starting to wonder what the reason for this is, as understanding how to get the "chinese community" engaged in providing value to the ecosystem in a more public way could turn out to be highly beneficial.\n\nFor the last item, faster confirmation times, it is beeing looked into by u/jtoomim but we\'ll have to wait and see what the research has to say about the risks and benefits before considering that change.', 'j13r3k'], ['u/jtoomim', 18, '2020-09-28 07:19', 'https://www.reddit.com/r/btc/comments/j13r3k/according_to_george_donnelly_the_chinese_bch/g6xd41p/', "I'm of the opinion that we should be able to reduce block times to something in the 60-150 second range while still being able to achieve our scaling goals without any fancy changes to the code (just some improvements to block propagation and to the network layer), and we could probably get block times down to around 6 seconds if we significantly restructure BCH to make use of a block DAG instead of a block chain. \n\nHowever, there is a natural dependency here: the optimal block interval depends a lot on the quality of the networking layer and the block propagation algorithm, so we should really focus on improving and benchmarking those first so that we know what kind of block interval to target. That means that this is an issue that is better discussed in 2021, and will probably be ready for deployment around 2022.\n\nWe *could* do it faster than that, but there would be a significant cost from rushing the development, testing, and deployment, and there's a big chance we'd get a non-optimal change and have to change it again in a few years. Better to do it once and do it right, in my opinion.", 'j13r3k'], ['u/jtoomim', 11, '2020-09-28 08:52', 'https://www.reddit.com/r/btc/comments/j13r3k/according_to_george_donnelly_the_chinese_bch/g6xj1qn/', 'Yes, the change would decrease the reward in proportion to the reduction in block time, and also change the halving heights accordingly. It would also probably be best to change the nLockTime value interpretations for smart contracts so that the valid nLockTimes for pre-fork scripts were adjusted to happen at about the same *time* (rather than the same raw height) as before the change.\n\nThese changes make it so that it is best if the new target block time is an integer dividend of the old block time -- e.g. 5 minutes, 3.333 minutes, 2.5 minutes, 2 minutes, 1.666 minutes ... 1.0 minute, ... 45 seconds, ... 30 seconds, or whatever.', 'j13r3k'], ['u/moleccc', 10, '2020-09-28 09:03', 'https://www.reddit.com/r/btc/comments/j13r3k/according_to_george_donnelly_the_chinese_bch/g6xjnyi/', "Yeah, this is basically: let me trade more efficiently and please make number go up. Those are the wishes of get-rich-quick minds, which is fine, but it may explain the lack of contributions to flipstarters by those people. And don't get me wrong: there's an abundance of this mindset around outside of China, too.", 'j13r3k'], ['u/jtoomim', 17, '2020-09-28 11:07', 'https://www.reddit.com/r/btc/comments/j13r3k/according_to_george_donnelly_the_chinese_bch/g6xq6tw/', "This is a common misconception. The truth is that shorter block intervals *do* help with achieving enough finality behind transactions for exchanges to trust them.\n\nhttps://blog.ethereum.org/2015/09/14/on-slow-and-fast-block-times/\n\nGo compare the amount of *time* needed by most exchanges for ETH deposits/withdrawals vs BTC or BCH. It's a huge difference.", 'j13r3k'], ['u/ThomasZander', 11, '2020-09-28 11:29', 'https://www.reddit.com/r/btc/comments/j13r3k/according_to_george_donnelly_the_chinese_bch/g6xr98u/', "> It would seem that what's really desired then, is positive marketing. We recently have had multiple flipstarters trying to build that positive marketing, and while the donations are anonymous I haven't really seen any clear and strong engagement from the chinese on these flipstarters.\n\nI do agree on this, and your question of how the Chinese are (not) currently helping there is relevant. Maybe /u/georgedonnelly can reflect on this with them.\n\nThe push from the Chinese to move all guns from backing ABC to now backing BCHN seems they still don't get the basic idea of decentralization. The repeated questions for a roadmap is showing the same problem.\n\nThe strength of Bitcoin Cash lies with decentralized innovation. Sometimes called permissionless innovation. This is an immense strength because the moment we remove the central coordination part, we free everyone to do what they want to grow our coin. As our community grows we will get more developers. We have less than 20 now, what happens when we have 200 or 2000?\n\nIf you go from 20 to 2000 developers in a community where there is a roadmap, you may go up in speed a littl... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10844.64, 10784.49, 10619.45, 10575.97, 10549.33, 10669.58, 10793.34, 10604.41, 10668.97, 10915.69
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['PepsiCo Inc’s third quarter is expected to be a positive catalyst for the stock with an expected organic topline and EPS beat, according to Morgan Stanley equity analyst Dara Mohsenian, who also forecasts Q3 EPS of $1.50 and 2.4% y-o-y growth in organic sales. The U.S. multinational food, snack and beverage corporation, PepsiCo is set to report third-quarter 2020 results on Thursday, October 1 , before market open. “We continue to like Pepsi longer-term with a pronounced mix shift to the more attractive snacks business over the last few years with strong underlying fundamentals (even ex- COVID ) now at more than two-thirds of corporate profit, with both robust, sustained snacks category growth, as well as PEP’s strong competitive positioning and share gains within snacks. We also see PepsiCo’s (PEP) growth outlook and underlying EPS quality as higher with greater reinvestment under a new CEO,” Morgan Stanley’s Dara Mohsenian said. “Last, we believe PepsiCo’s valuation remains compelling, with PepsiCo trading one standard deviation below its 5-year NTM relative P/E average vs mega-cap peers and only at a 3% EV/EBITDA premium to food peers, despite much higher LT revenue growth potential (4% at PEP LT vs 2% at food peers), as well as higher margins/ROIC (see PEP Valuation Looks Compelling section below for more detail).” Morgan Stanley forecast PEP organic sales growth to be driven by its snacks business, and a topline recovery in emerging markets, as well as a sequential improvement in on-premise beverages. In North America, they forecast a solid +6.5% organic sales growth at Frito-Lay North America (FLNA); +7.2% growth at Quaker Foods North America (QFNA); -1.0% decline at Pepsi Beverages North America (PBNA). For the international business, the investment bank forecast +8.6% y-o-y organic sales growth in APAC on China recovering, +2.5% in Europe with on-premise improving and favourable summer weather, +1.5% in Latin America, and -2.3% in AMESA (Africa, Middle East, South Asia) on a slower recovery, particularly in India. Story continues PepsiCo stock closed 3.30% higher at $137.97 on Monday. The stock is up about 1% so far this year. Several other equity analysts have also updated their stock outlook. Jefferies raised their target price to $139 from $137; JP Morgan lowered their stock price forecast to $149 from $154; UBS raised the price target to $140 from $136; Deutsche bank upped their price objective to $140 from $139 and \xa0Guggenheim raised their target price to $151 from $148. Eleven analysts forecast the average price in 12 months at $144.64 with a high forecast of $155.00 and a low forecast of $130.00. The average price target represents a 4.83% increase from the last price of $137.97. From those 11 equity analysts, six rated ‘Buy’, five rated ‘Hold’ and none rated ‘Sell’, according to Tipranks. “PepsiCo is our top beverage pick. We forecast Pepsi will post superior topline growth relative to peers driven by exposure to the higher growth/higher margin snacks category (2/3 of PEP’s profit). Snacks is a higher growth category given: (1) shift to snacking vs. sit-down meals; (2) less pressure from health/wellness vs. beverages, and (3) PEP’s leading share in snacks vs. fragmented competition, driving share gains, and higher margins/ROIC,” Morgan Stanley’s Mohsenian said. “We also see more structural Pepsi market share benefits post COVID-19, as PEP uses its DSD distribution advantage, to gain shelf space and share in snacks, and in beverages, where PEP is advantaged vs competition with a much lower mix in away-from-home.” Upside risks: Higher FLNA snacks topline growth, improving North America beverages business on higher investment spend and on-premise recovery, better GM expansion on favourable commodities/better pricing, and higher cost savings from restructuring. Downside risks: Lower return from PEP’s reinvestment, macro volatility, commodity and FX volatility, greater COVID impacts, worse market share trends in beverages, soda taxes. Check out FX Empire’s earnings calendar This article was originally posted on FX Empire More From FXEMPIRE: Oil Traders’ Fears Outweigh Hopes on Global Economic Recovery Economic Data Puts the EUR and Dollar in Focus, as Brexit Talks Resume Gold Price Futures (GC) Technical Analysis – $1889.70 Could Be Trigger Point for Surge into $1917.40 Weekly Recap: Bitcoin and Ethereum Go Into the Red USD/JPY Fundamental Daily Forecast – Price Action Tied to Investor Appetite for Risk EUR/USD Daily Forecast – Attempt To Get Above Resistance At 1.1695', 'PepsiCo Inc’sthird quarter is expected to be a positive catalyst for the stock with an expected organic topline and EPS beat, according toMorgan Stanleyequity analyst Dara Mohsenian, who also forecasts Q3 EPS of $1.50 and 2.4% y-o-y growth in organic sales.\nThe U.S. multinational food, snack and beverage corporation, PepsiCo is set to reportthird-quarter 2020 results on Thursday, October 1, before market open.\n“We continue to like Pepsi longer-term with a pronounced mix shift to the more attractive snacks business over the last few years with strong underlying fundamentals (even ex-COVID) now at more than two-thirds of corporate profit, with both robust, sustained snacks category growth, as well as PEP’s strong competitive positioning and share gains within snacks. We also see PepsiCo’s (PEP) growth outlook and underlying EPS quality as higher with greater reinvestment under a new CEO,” Morgan Stanley’s Dara Mohsenian said.\n“Last, we believe PepsiCo’s valuation remains compelling, with PepsiCo trading one standard deviation below its 5-year NTM relative P/E average vs mega-cap peers and only at a 3% EV/EBITDA premium to food peers, despite much higher LT revenue growth potential (4% at PEP LT vs 2% at food peers), as well as higher margins/ROIC (see PEP Valuation Looks Compelling section below for more detail).”\nMorgan Stanley forecast PEP organic sales growth to be driven by its snacks business, and a topline recovery in emerging markets, as well as a sequential improvement in on-premise beverages. In North America, they forecast a solid +6.5% organic sales growth at Frito-Lay North America (FLNA); +7.2% growth at Quaker Foods North America (QFNA); -1.0% decline at Pepsi Beverages North America (PBNA).\nFor the international business, the investment bank forecast +8.6% y-o-y organic sales growth in APAC on China recovering, +2.5% in Europe with on-premise improving and favourable summer weather, +1.5% in Latin America, and -2.3% in AMESA (Africa, Middle East, South Asia) on a slower recovery, particularly in India.\nPepsiCo stock closed 3.30% higher at $137.97 on Monday. The stock is up about 1% so far this year.\nSeveral other equity analysts have also updated their stock outlook. Jefferies raised their target price to $139 from $137; JP Morgan lowered their stock price forecast to $149 from $154; UBS raised the price target to $140 from $136; Deutsche bank upped their price objective to $140 from $139 and \xa0Guggenheim raised their target price to $151 from $148.\nEleven analysts forecast the average price in 12 months at $144.64 with a high forecast of $155.00 and a low forecast of $130.00. The average price target represents a 4.83% increase from the last price of $137.97. From those 11 equity analysts, six rated ‘Buy’, five rated ‘Hold’ and none rated ‘Sell’, according to Tipranks.\n“PepsiCo is our top beverage pick. We forecast Pepsi will post superior topline growth relative to peers driven by exposure to the higher growth/higher margin snacks category (2/3 of PEP’s profit). Snacks is a higher growth category given: (1) shift to snacking vs. sit-down meals; (2) less pressure from health/wellness vs. beverages, and (3) PEP’s leading share in snacks vs. fragmented competition, driving share gains, and higher margins/ROIC,” Morgan Stanley’s Mohsenian said.\n“We also see more structural Pepsi market share benefits post COVID-19, as PEP uses its DSD distribution advantage, to gain shelf space and share in snacks, and in beverages, where PEP is advantaged vs competition with a much lower mix in away-from-home.”\nUpside risks: Higher FLNA snacks topline growth, improving North America beverages business on higher investment spend and on-premise recovery, better GM expansion on favourable commodities/better pricing, and higher cost savings from restructuring.\nDownside risks: Lower return from PEP’s reinvestment, macro volatility, commodity and FX volatility, greater COVID impacts, worse market share trends in beverages, soda taxes.\nCheck outFX Empire’s earnings calendar\nThisarticlewas originally posted on FX Empire\n• Oil Traders’ Fears Outweigh Hopes on Global Economic Recovery\n• Economic Data Puts the EUR and Dollar in Focus, as Brexit Talks Resume\n• Gold Price Futures (GC) Technical Analysis – $1889.70 Could Be Trigger Point for Surge into $1917.40\n• Weekly Recap: Bitcoin and Ethereum Go Into the Red\n• USD/JPY Fundamental Daily Forecast – Price Action Tied to Investor Appetite for Risk\n• EUR/USD Daily Forecast – Attempt To Get Above Resistance At 1.1695', 'Inovio Pharmaceuticals, Inc. (INO) shares plummeted 28.34%Mondayafter the biotech company announced that the U.S. Food and Drug Administration (FDA) had put its COVID-19 vaccine on hold until it answers further questions about its vaccine technology.\nThe company previously told investors that it had intended to move to Phase 3 trials this month, in line with other developers searching for the elusive vaccine, but now must wait until the fourth quarter for the FDA’s findings before it can move forward. “The company is actively working to address the FDA’s questions and plans to respond in October,” Inovio said in a statementcited by the Wall Street Journal.\nInovio’s vaccine, which aims to provide immunity to the virus by inserting genetic instructions into cells to get them to release a protein found on the coronavirus, insisted that the early-stage trial o **Last 60 Days of Bitcoin's Closing Prices:** [11323.47, 11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-29 **Financial & Commodity Data:** - Gold Closing Price: $1894.30 - Crude Oil Closing Price: $39.29 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $200,915,864,881 - Hash Rate: 135379285.64883536 - Transaction Count: 347696.0 - Unique Addresses: 735651.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.45 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Welcome to Opinionated, a new podcast featuring CoinDesk’s leading columnists and contributors. For free, early access to Opinionated, subscribe to CoinDesk Reports with Apple Podcasts , Spotify , Stitcher , CastBox or direct RSS for your favorite podcast player . I’m your host, Ben Schiller, CoinDesk’s opinion editor. Related: Why Bitcoin's Longest Run Above $10,000 Matters On this week’s show, we’re joined by Nic Carter, cofounder of Coin Metrics and partner at Castle Island Ventures. Nic discusses this year’s $20 billion surge in USD-backed stablecoins (what he calls “crypto-dollars”) and the potentially enormous implications of an offshore dollarization system based on blockchain. Fiat-backed stablecoins are “not what Satoshi intended,” Carter says, but their “preposterous” growth this year is the “the most important phenomenon in the industry.” “It not only tells us about the maturation of the crypto financial infrastructure. It also tells us a lot about current geopolitics, too,” he says. Related: Crypto Is Too Dependent on Dollars Nic has written two op-eds for CoinDesk about crypto-dollars: “ Policymakers Shouldn’t Fear Digital Money: So Far It’s Maintaining the Dollar’s Status ” (from February) and “ The Crypto-Dollar Surge and the American Opportunity ” (this month). U.S. policymakers fear losing power as dollar-flows increasingly shift to stablecoins. Central bankers may have less ability to set interest rates. And the corresponding banking infrastructure, based largely in New York, will process fewer transactions as people move into assets like tether and USDC instead. Nonetheless, Carter says the U.S. should embrace this new form of money technology. One, it’s mostly, for now, a U.S. industry, and overwhelming pegged to dollars. More dollars in circulation, while not necessarily good for American workers, is good for the dollar’s reserve currency status. Story continues Two, blockchains are inherently neutral – “equal opportunity databases” that don’t exclude people and represent financial freedom. That ought to accord with American values. And third, if the U.S. doesn’t sanction stablecoin transactions, some other country or company will, inviting in the threat of surveillance and a loss of power anyway. “The U.S. should consider embracing a neutral alternative to the highly politicized New York corresponding banking system before it’s too late and whole tranches of its allies defect to a Chinese or a Russian system,” Carter says. Nic had a lot more to say about stablecoins, the future of money and great power rivalry. Check it out here, and please subscribe to CoinDesk’s new podcast feed. For free, early access to Opinionated, subscribe to CoinDesk Reports with Apple Podcasts , Spotify , Stitcher , CastBox or direct RSS for your favorite podcast player . Related Stories The Biggest Story in Crypto: The Stablecoin Surge and Power Politics The Biggest Story in Crypto: The Stablecoin Surge and Power Politics... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10784.49, 10619.45, 10575.97, 10549.33, 10669.58, 10793.34, 10604.41, 10668.97, 10915.69, 11064.46
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Professional football club in Italy forms partnership with world’s biggest digital lottery Crypto Millions Lotto named Official Online Lottery Partner Crypto Millions Lotto named Official Online Lottery Partner LONDON, Sept. 30, 2020 (GLOBE NEWSWIRE) -- via CryptoCurrencyWire -- Crypto Millions Lotto , the world’s biggest digital lottery, has been named as the Official Online Lottery Partner of Italian Serie A club Atalanta B .C. It’s the first-ever partnership between an online lottery and a Serie A club. A coming together of two organisations, rising stars in different industries, that share the same bold approach. Both organisations are known for punching above their weight. Crypto Millions Lotto disrupts traditional lotteries by offering jackpots many times larger than their more established national competitors. Atalanta B.C. have established themselves as a top performer, finishing third in Serie A last season, ahead of some the world’s best-known clubs. To demonstrate the pioneering approach of this partnership, one of the major steps it will take is to bring the world’s most widely used alternative currency, Bitcoin, into the mainstream. Commenting on the partnership, Crypto Millions Lotto CEO Sulim Malook said, “We are delighted to have found a partner that has the same disruptive approach as us. With their outstanding performances in Serie A, and having established themselves on the world stage, Atalanta B.C. were an obvious choice of partner for us. This is going to be an exciting year for us both. We are planning to add a number of new lotteries to our site plus the ability to play using credit cards, whilst Atalanta B.C. will be mixing it with Europe’s elite clubs as they challenge for the Champions League again. We’re big football fans and we’ll be supporting them all the way.” Romano Zanforlin, Commercial Director of Atalanta B.C., said, “We’re excited to partner with Crypto Millions Lotto, an ambitious company that is keen to increase its exposure with the help of Atalanta Bergamasca Calcio’s brand and global reach. We look forward to developing our relationship, which will also see our brand reach new audiences in Asia, Eastern Europe and Latin America.” Story continues About Crypto Millions Lotto Crypto Millions Lotto is a lottery licensed to operate in more than 180 countries. Jackpots are fully insured and start at a whopping US$30 million, and roll over each draw until they’re won, which on average is every 3½ weeks. Draws are based on the outcome of the German National Lottery, which has been operational since 1955 and is televised twice weekly. This unbreakable link gives Crypto Millions Lotto complete fairness and transparency. Soon, players will be allowed to join the world’s biggest lottery syndicate and play using digital tokens. Crypto Millions Lotto is the trading name of UK based Wilmington Holdings PLC. For more information, visit https://www.cryptomillionslotto.com/ About Atalanta Bergamasca Calcio Atalanta is a professional football club based in Bergamo that plays in Serie A, Italy’s premier league. The club is nicknamed La Dea , the Nerazzurri and the Orobici . Founded in 1907, Atalanta play in black-and-blue colours. Their stadium is the 21,300 seat Gewiss Stadium. In 2019-20, Atalanta reached the quarter finals of the UEFA Champions League and were beaten by finalists Paris Saint-Germain. They have managed to qualify for the same competition this 2020-21 season and hope to better last season’s achievements. For more information, visit https://www.atalanta.it/ For media/press inquiries contact: [email protected] [email protected] A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0a24ed7d-ad9a-4fd4-bf7e-168d11d09b70', 'LONDON, Sept. 30, 2020 (GLOBE NEWSWIRE) -- via CryptoCurrencyWire --Crypto Millions Lotto, the world’s biggest digital lottery, has been named as the Official Online Lottery Partner of Italian Serie A clubAtalantaB.C.\nIt’s the first-ever partnership between an online lottery and a Serie A club. A coming together of two organisations, rising stars in different industries, that share the same bold approach.\nBoth organisations are known for punching above their weight. Crypto Millions Lotto disrupts traditional lotteries by offering jackpots many times larger than their more established national competitors. Atalanta B.C. have established themselves as a top performer, finishing third in Serie A last season, ahead of some the world’s best-known clubs.\nTo demonstrate the pioneering approach of this partnership, one of the major steps it will take is to bring the world’s most widely used alternative currency, Bitcoin, into the mainstream.\nCommenting on the partnership, Crypto Millions Lotto CEO Sulim Malook said, “We are delighted to have found a partner that has the same disruptive approach as us. With their outstanding performances in Serie A, and having established themselves on the world stage, Atalanta B.C. were an obvious choice of partner for us. This is going to be an exciting year for us both. We are planning to add a number of new lotteries to our site plus the ability to play using credit cards, whilst Atalanta B.C. will be mixing it with Europe’s elite clubs as they challenge for the Champions League again. We’re big football fans and we’ll be supporting them all the way.”\nRomano Zanforlin, Commercial Director of Atalanta B.C., said, “We’re excited to partner with Crypto Millions Lotto, an ambitious company that is keen to increase its exposure with the help of Atalanta Bergamasca Calcio’s brand and global reach. We look forward to developing our relationship, which will also see our brand reach new audiences in Asia, Eastern Europe and Latin America.”\nAbout Crypto Millions LottoCrypto Millions Lotto is a lottery licensed to operate in more than 180 countries. Jackpots are fully insured and start at a whopping US$30 million, and roll over each draw until they’re won, which on average is every 3½ weeks. Draws are based on the outcome of the German National Lottery, which has been operational since 1955 and is televised twice weekly. This unbreakable link gives Crypto Millions Lotto complete fairness and transparency. Soon, players will be allowed to join the world’s biggest lottery syndicate and play using digital tokens.\nCrypto Millions Lotto is the trading name of UK based Wilmington Holdings PLC.\nFor more information, visithttps://www.cryptomillionslotto.com/\nAboutAtalantaBergamascaCalcioAtalanta is a professional football club based in Bergamo that plays in Serie A, Italy’s premier league. The club is nicknamedLaDea, theNerazzurriand theOrobici. Founded in 1907, Atalanta play in black-and-blue colours. Their stadium is the 21,300 seat Gewiss Stadium.\nIn 2019-20, Atalanta reached the quarter finals of the UEFA Champions League and were beaten by finalists Paris Saint-Germain. They have managed to qualify for the same competition this 2020-21 season and hope to better last season’s achievements.\nFor more information, visithttps://www.atalanta.it/\nFor media/press inquiries contact:[email protected]@atalanta.it\nA photo accompanying this announcement is available athttps://www.globenewswire.com/NewsRoom/AttachmentNg/0a24ed7d-ad9a-4fd4-bf7e-168d11d09b70', 'Bitcoin, BTC to USD, rose by 1.33% on Tuesday. Reversing a 0.83% loss from Monday, Bitcoin ended the day at $10,856.0. It was a mixed start to the day. Bitcoin fell to an early morning low $10,674.2 before finding support. Steering clear of the major support levels, Bitcoin struck a late morning high $10,815.4 before hitting reverse. Coming up short of the major resistance levels, Bitcoin slid to a late afternoon intraday low $10,654.0. Steering clear of the first major support level at $10,585, Bitcoin rallied to a final hour intraday high $10,889.0. Falling short of the first major resistance level at $10,915, Bitcoin eased back to end the day at sub-$10,860 levels. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Tuesday. Chainlink (-1.19%), Crypto.com Coin (-1.92%), and Polkadot (-0.36%) bucked the trend on the day. It was a bullish day for the rest of the majors. Binance Coin rallied by 7.20% to lead the way. Bitcoin Cash SV (+1.74%), Cardano’s ADA (+1.09%), Ethereum (+1.76%), Litecoin (+1.08%) also found solid support. Bitcoin Cash ABC (0.11%) and Ripple’s XRP (+0.83%) trailed the front runners, however. In the current week, the crypto total market fell to a Monday low $321.20bn before rising to a Tuesday high $341.14bn. At the time of writing, the total market cap stood at $337.21bn. Bitcoin’s dominance rose to a Monday high 61.23% before falling to a Tuesday low 58.93%. At the time of writing, Bitcoin’s dominance stood at 59.31%. This Morning At the time of writing, Bitcoin was down by 0.28% to $10,826.0. It was a mixed start to the day. Bitcoin rose to an early morning high $10,866.0 before falling to a low $10,826.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Story continues Bitcoin Cash ABC (+0.54%), Bitcoin Cash SV (+0.62%), and Crypto.com Coin (+0.65%) bucked the trend early on. It was a bearish start to the day for the rest of the majors, however. At the time of writing, Binance Coin was down by 1.18% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $10,800 to bring the first major resistance level at $10,945 into play. Support from the broader market would be needed, however, for Bitcoin to break back through to $10,900 levels. Barring an extended crypto rally, the first major resistance level and resistance at $11,000 would likely cap any upside. In the e **Last 60 Days of Bitcoin's Closing Prices:** [11759.59, 11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-09-30 **Financial & Commodity Data:** - Gold Closing Price: $1887.50 - Crude Oil Closing Price: $40.22 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $198,914,324,303 - Hash Rate: 149781337.3136051 - Transaction Count: 351417.0 - Unique Addresses: 748143.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.49 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin exchange reserves have fallen to a 21-month low, a possible sign investors are feeling bullish about the shape of the market. • Glassnode data shows the number of bitcoins held in exchange addresses fell by 0.83% to 2,610,278BTCon Monday, the lowest level since Nov. 24, 2018. • Investors tend to move digital assets from their wallets and onto exchanges when they lose confidence in the current price movement so they can easily sell them. • In the days leading up to the Black Thursday sell-off, when bitcoin crashed by 40%, exchange balances surged by 2% to a high of 2,947,555 BTC. • But bitcoin hassince surged to a 13-month highof $12,400 on Monday and is currently up 200% from the $3,867 low it fell to five months ago. • As such, exchange balances are down 1.4% over the past week, and nearly 3% in the last month. Balances were down more than 11% from the March 13 high at press time. • The price rises come despite bitcoin looking increasingly overbought on the weekly chart relative strength index (RSI) – an indicator that helps traders recognize the signs of overbought and oversold markets. • eToro analyst Simon Peters told CoinDesk: “Lower BTC spot exchange balance indicates a current holding mentality among investors, I see this as being pretty bullish.” See also:First Mover: As Wall Street Goes Topsy-Turvy, Crypto Traders Are Bullish as Ever • Bitcoin Holding Sentiment Strongest in Nearly Two Years • Bitcoin Holding Sentiment Strongest in Nearly Two Years • Bitcoin Holding Sentiment Strongest in Nearly Two Years • Bitcoin Holding Sentiment Strongest in Nearly Two Years... - Reddit Posts (Sample): [['u/AutoModerator', '[Daily Discussion] Wednesday, September 30, 2020', 23, '2020-09-30 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n**Other ways to interact:**\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/', 'j2f26d', [['u/ThatOtherGuy254', 15, '2020-09-30 07:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/g75a8ol/', 'Bitcoin is used by more than just the US though.', 'j2f26d'], ['u/_supert_', 19, '2020-09-30 15:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/g763ds5/', '"Teh" is a commonly used phrase in instant messaging services like MSN, BEBO and is often frowned upon when it is used excessively. . \u200f\u200f\u200f\u200f\u200f\u200f\u200f\u200f\u200f. At first the word came about where the person writing made a typo and it was thought to be a funny/new word to use when typing to someone.. Wait, why the hell am I here?.. What if, among the infinite monkeys bashing away on typewriters, one of the typewriters achieved sentience?.', 'j2f26d'], ['u/InLimbo21', 13, '2020-09-30 17:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/g76ikk7/', "I was warning everyone this week that stimulus package 2.0 is the biggest risk to anyone short in stocks and Bitcoin leading up to the election. Looks like its about 99% confirmed and the big boys are front running the news in stocks. We're going to have a short term melt up in stocks and Bitcoin in my opinion leading up to the election.\n\n4000 for SPY, 14500 for BTC. Strap in October gonna be a fun month. Don't be caught when BTC snaps to 12500.", 'j2f26d'], ['u/InLimbo21', 10, '2020-09-30 17:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/g76l15x/', 'Usually a sign BTC is going to make a huge move.', 'j2f26d'], ['u/alieninthegame', 11, '2020-09-30 19:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/g771eue/', "no you don't. stock market is up today, bitcoin is down.", 'j2f26d'], ['u/cryptogrip', 12, '2020-09-30 19:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/g771mas/', "More about how the global economy is doing during a liquidation and debt crisis. So you'll be happy to know there's a huge chance that Bitcoin will return to being non correlated once things start to recover on a global level. Remember, during a liquidation crisis there is no sure safe haven because people need to squeeze liquidation put of every possible source when things get really bad.", 'j2f26d'], ['u/BonzoDDDB', 15, '2020-09-30 23:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/g77x5cg/', 'It hasn’t aged at all yet', 'j2f26d'], ['u/A__R__I', 14, '2020-09-30 23:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/g781ftg/', "Absolutely love the silence in here! Hope ya'll are accumulating.", 'j2f26d']]], ['u/Help_An_Irishman', 'Which "Audible Only" titles do you feel were really worth your credit? Which might you return to in the future?', 44, '2020-09-30 06:26', 'https://www.reddit.com/r/audiobooks/comments/j2fd7t/which_audible_only_titles_do_you_feel_were_really/', '**EDIT:** Thanks so much for all the suggestions, everyone! I\'ll be looking over them and I\'m sure I\'ll pick up some new series. Appreciate it!\n\nI have 4 credits burning a hole in my pocket and my billing cycle is about to renew, but I have such an enormous backlog that I\'m planning to cancel my subscription in a couple days before that happens.\n\nAfter being a long-time Audible user, I\'ve instead been using Overdrive to borrow free audiobooks through my library for the most part, as there\'s always something good to read and I don\'t need to pay $15 a pop for a book when there are libraries out there.\n\nSo in the last year or so I\'ve mostly gone through Audible to pick up titles that are either Audible exclusives, or something that I\'m confident that I\'ll want to return to and listen to again in the future (books that are worth more than one read through).\n\nI wish that Audible had a feature where you could filter a search to show exclusives only (those with the yellow **"Only from Audible"** banner on them), but I thought I\'d turn to you guys for recommendations on that front.\n\nI really enjoy horror (King, etc.), fantasy (Sanderson, Tolkien, etc.), science fiction (Gibson, Dick), etc., but I\'m definitely open to a good motivational book, books on writing, screenwriting and voice acting, things about Bitcoin and investing, classic dramas like East of Eden, and so on.', 'https://www.reddit.com/r/audiobooks/comments/j2fd7t/which_audible_only_titles_do_you_feel_were_really/', 'j2fd7t', [['u/supermarketsweeps25', 12, '2020-09-30 06:38', 'https://www.reddit.com/r/audiobooks/comments/j2fd7t/which_audible_only_titles_do_you_feel_were_really/g7565ki/', 'The Sandman.\n\nI LOVE the audible exclusive that came out in July. I highly HIGHLY recommend. \n\nAnd anything by Neil Gaiman that is narrated by him. His voice is just magical.', 'j2fd7t'], ['u/nasadge', 31, '2020-09-30 06:42', 'https://www.reddit.com/r/audiobooks/comments/j2fd7t/which_audible_only_titles_do_you_feel_were_really/g756gsu/', "Check out the Bob verse books. I was hesitant at first but it's pretty good. The first 2 or 3 are absolutely worth it.", 'j2fd7t'], ['u/devin_mm', 22, '2020-09-30 07:45', 'https://www.reddit.com/r/audiobooks/comments/j2fd7t/which_audible_only_titles_do_you_feel_were_really/g75b6ir/', 'I really like Peter Clines\' "[Threshold Universe](https://www.audible.com/series/Threshold-Universe-Audiobooks/B07CTLQHD4?ref=a_search_c3_lSeries_1_1_1&pf_rd_p=e81b7c27-6880-467a-b5a7-13cef5d729fe&pf_rd_r=C36T9DA6MPH51ZTBX46D)"\n\nThe first first book is [14](https://www.audible.com/pd/14-Audiobook/B0089Y7K0M?ref=a_series_Th_c5_lProduct_1_1&pf_rd_p=284b47b1-a5db-4711-9667-612f2ac7458e&pf_rd_r=P2050KRT9YG89GD4Y23D)\n and the entire series is narrated by Ray Porter.', 'j2fd7t'], ['u/lockwoot', 14, '2020-09-30 10:59', 'https://www.reddit.com/r/audiobooks/comments/j2fd7t/which_audible_only_titles_do_you_feel_were_really/g75m3iq/', 'Sheer value? Sherlock Holmes narrated by Stephen Fry. 72 hours of content.\n\nDirk Gently: Two BBC Radio Full-Cast Dramas or Terry Pratchett: BBC Radio Drama Collection are stellar.', 'j2fd7t']]], ['u/RedPill43', 'r/Bitcoin Moderator removed my post for not being bullish on Bitcoin?', 18, '2020-09-30 07:18', 'https://www.reddit.com/r/Buttcoin/comments/j2g2n4/rbitcoin_moderator_removed_my_post_for_not_being/', "[https://www.reddit.com/r/Bitcoin/comments/iybvhf/microstrategy\\_ceo\\_could\\_liquidate\\_200m\\_in\\_bitcoin/](https://www.reddit.com/r/Bitcoin/comments/iybvhf/microstrategy_ceo_could_liquidate_200m_in_bitcoin/)\n\nWhy? I didn't receive any messages from moderator. Checked the post but didn't find anything wrong with it.", 'https://www.reddit.com/r/Buttcoin/comments/j2g2n4/rbitcoin_moderator_removed_my_post_for_not_being/', 'j2g2n4', [['u/greengenerosity', 22, '2020-09-30 07:43', 'https://www.reddit.com/r/Buttcoin/comments/j2g2n4/rbitcoin_moderator_removed_my_post_for_not_being/g75b10r/', "There is a rule on the sub that you can't post about the price. It shows up in the old reddit format. And to a lesser extent not post about market speculation news. The sub is supposedly about discussing Bitcoin itself. \n\n\nWhich really means that you can post memes when the price goes up, and maybe news relating to things about the price going up, but you can't post things about things that can make the price go down. \n\n\nChances are that there is keywords or criteria that makes it more likely to be autoremoved or looked at and moderated.", 'j2g2n4']]], ['u/georgiobtc', 'A matter of time', 39, '2020-09-30 08:14', 'https://www.reddit.com/r/Bitcoin/comments/j2grt7/a_matter_of_time/', 'If you stacked $100 worth of bitcoin every week since the last US presidential debate you would have over 6.15 right now...\n\nTotal spent: $20800\nCurrent value: $69000', 'https://www.reddit.com/r/Bitcoin/comments/j2grt7/a_matter_of_time/', 'j2grt7', [['u/The_Hominem', 21, '2020-09-30 08:25', 'https://www.reddit.com/r/Bitcoin/comments/j2grt7/a_matter_of_time/g75dux9/', '6.15 BTC... The perfect amount of bitcoin to hold.', 'j2grt7']]], ['u/rBitcoinMod', 'Daily Discussion, September 30, 2020', 15, '2020-09-30 09:01', 'https://www.reddit.com/r/Bitcoin/comments/j2hbdt/daily_discussion_september_30_2020/', "Please utilize ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10619.45, 10575.97, 10549.33, 10669.58, 10793.34, 10604.41, 10668.97, 10915.69, 11064.46, 11296.36
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['LONDON, ENGLAND / ACCESSWIRE / October 1, 2020 /After 5 years as "Spectrecoin\' the project announces a brand evolution to become \'Alias.\' This also includes a new effort around improved communications, investor relations, and business development for this well-established innovator in privacy and proof of stake technology.\nGovernments are striving to criminalize digital privacy under the pretense of increasing online safety and prevent money laundering. As a result, many exchanges have been delisting privacy projects whose only aim is to protect one\'s right to privacy online. Established projects like Alias and newcomers alike are working overtime despite this adversity and keep releasing bleeding edge technology.One has to only look at recent Github activity, it is clear that privacy projects are ramping up their development and delivering on their roadmaps, with projects like ZCoin, PIVX, ZCash, Monero, and Particl, to name a few. It seems like the crackdown is not slowing these privacy projects down, and Alias is confident in the need for its tech and tools as well."Privacy for the users is at the heart of everything we do," says Eirik Korsell, Project Steward at Alias. "..no attempt should be made to criminalize digital privacy; it should be an undisputed right."The news of this under the radar project comes in the wake of many recent initiatives and accomplishments for the Alias team, including:- Developing a unique Proof-of-Stake protocol using ring-signatures, facilitating a private staking mechanism not seen before in any other cryptocurrency.- Integrating Tor as a part of the code-base; providing robust network security, protecting users\' real-world IP address.- Solving a well-known privacy issue affecting decoy-based currencies like Monero and Grin by developing unique algorithms to mitigate this. (see link below)- Ensuring the full software could run on a Raspberry Pi, providing a low-cost, eco-friendly option for those with low-powered devices.- Soon to release a world-first for an Android app, fully-featured Anonymous Proof-of-Stake (APoS) allowing mobile users to earn rewards while maintaining their right to privacy.Why the Re-brand?The brand evolution will better reflect what Alias seeks to communicate and achieve, and will better enable it to fight the stigma of online privacy. At the same time, it will differentiate us from many other "Spectre" named projects.Eirik says, "We wanted a name which sounded more like a currency, felt more mainstream and brought a more positive vibe to the project and it\'s innovative and useful technology." "We\'re working to enhance all our communications towards reaching a broader audience while continuing to develop our advanced privacy technology."Why the name ALIAS?Creating an online persona or alias" can be one way to help protect oneself against the intrusions of a hyper-connected world. An alias allows for a greater amount of separation between personal and online life. Ultimately it provides an easy way to be online and less of a need to worry about potential threats from cybercriminals. This rings true for one\'s financial life, and thus the name was a perfect fit.Alias also understands there are situations where private transactions are unsuitable, thus allowing its users to choose between a public or private transaction. They have made it possible to offer this alternative without compromising the secure private transactions, preserving the right to privacy, and championing the freedom of choice.Alias is ideally positioned to excel in challenging the competition, leveraging its unique set of privacy features. Alias offers an intuitive, easy to use wallet, top-level security, and the ability to earn as you save, and supports the new digital economy with a fast, secure, digital cash solution.Everyone needs Alias!Aliaswas born out of a desire to create a simple, border-less private cryptocurrency, improving on Bitcoin\'s original idea with more robust privacy protocols and a more energy-friendly network through the use of Proof-of-Stake. Alias has a highly competent core development team comprised of a software architect and a software engineer with decades of experience. Alias aims to position itself at the forefront of the decentralized privacy revolution.\nMedia Contact:Eirik [email protected]+447713962237\nSOURCE:Cryptoshib\nView source version on accesswire.com:https://www.accesswire.com/608045/Alias-Privacy-Has-a-New-Name', 'LONDON, ENGLAND / ACCESSWIRE / October 1, 2020 / After 5 years as "Spectrecoin\' the project announces a brand evolution to become \' Alias .\' This also includes a new effort around improved communications, investor relations, and business development for this well-established innovator in privacy and proof of stake technology. Governments are striving to criminalize digital privacy under the pretense of increasing online safety and prevent money laundering. As a result, many exchanges have been delisting privacy projects whose only aim is to protect one\'s right to privacy online. Established projects like Alias and newcomers alike are working overtime despite this adversity and keep releasing bleeding edge technology. One has to only look at recent Github activity, it is clear that privacy projects are ramping up their development and delivering on their roadmaps, with projects like ZCoin, PIVX, ZCash, Monero, and Particl, to name a few. It seems like the crackdown is not slowing these privacy projects down, and Alias is confident in the need for its tech and tools as well. "Privacy for the users is at the heart of everything we do," says Eirik Korsell, Project Steward at Alias. "..no attempt should be made to criminalize digital privacy; it should be an undisputed right." The news of this under the radar project comes in the wake of many recent initiatives and accomplishments for the Alias team, including: - Developing a unique Proof-of-Stake protocol using ring-signatures, facilitating a private staking mechanism not seen before in any other cryptocurrency. - Integrating Tor as a part of the code-base; providing robust network security, protecting users\' real-world IP address. - Solving a well-known privacy issue affecting decoy-based currencies like Monero and Grin by developing unique algorithms to mitigate this. (see link below) - Ensuring the full software could run on a Raspberry Pi, providing a low-cost, eco-friendly option for those with low-powered devices. - Soon to release a world-first for an Android app, fully-featured Anonymous Proof-of-Stake (APoS) allowing mobile users to earn rewards while maintaining their right to privacy. Why the Re-brand? The brand evolution will better reflect what Alias seeks to communicate and achieve, and will better enable it to fight the stigma of online privacy. At the same time, it will differentiate us from many other "Spectre" named projects. Eirik says, "We wanted a name which sounded more like a currency, felt more mainstream and brought a more positive vibe to the project and it\'s innovative and useful technology." "We\'re working to enhance all our communications towards reaching a broader audience while continuing to develop our advanced privacy technology." Why the name ALIAS? Creating an online persona or alias" can be one way to help protect oneself against the intrusions of a hyper-connected world. An alias allows for a greater amount of separation between personal and online life. Ultimately it provides an easy way to be online and less of a need to worry about potential threats from cybercriminals. This rings true for one\'s financial life, and thus the name was a perfect fit. Alias also understands there are situations where private transactions are unsuitable, thus allowing its users to choose between a public or private transaction. They have made it possible to offer this alternative without compromising the secure private transactions, preserving the right to privacy, and championing the freedom of choice. Alias is ideally positioned to excel in challenging the competition, leveraging its unique set of privacy features. Alias offers an intuitive, easy to use wallet, top-level security, and the ability to earn as you save, and supports the new digital economy with a fast, secure, digital cash solution. Everyone needs Alias! Alias was born out of a desire to create a simple, border-less private cryptocurrency, improving on Bitcoin\'s original idea with more robust privacy protocols and a more energy-friendly network through the use of Proof-of-Stake. Alias has a highly competent core development team comprised of a software architect and a software engineer with decades of experience. Alias aims to position itself at the forefront of the decentralized privacy revolution. Story continues Media Contact: Eirik Korsell [email protected] +447713962237 SOURCE: Cryptoshib View source version on accesswire.com: https://www.accesswire.com/608045/Alias-Privacy-Has-a-New-Name', 'Dublin, Oct. 01, 2020 (GLOBE NEWSWIRE) -- The"An Analysis of the Libra Cryptocurrency Project from a Regulatory Perspective"report has been added toResearchAndMarkets.com\'soffering.\nThe announcement by Facebook in June 2019 regarding the proposed launch of their cryptocurrency Libra has triggered reactions from across the globe. Whilst the concept of a virtual currency available over a blockchain wasn\'t new, the fact that this was being fronted by Facebook made this a completely different ball game.\nWith close to 2.5 billion users worldwide, it was clear that Facebook\'s ambition was to create globally dominant currency, expanding financial services and the associated benefits to corners of the world where they don\'t currently exist.\nInevitably, the announcement also generated a considerable amount of nervousness and backlash from central banks and regulators worldwide, the sense being that Libra could destabilise monetary policy and introduce multiple regulatory headaches such as **Last 60 Days of Bitcoin's Closing Prices:** [11053.61, 11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-10-01 **Financial & Commodity Data:** - Gold Closing Price: $1908.40 - Crude Oil Closing Price: $38.72 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $198,914,324,303 - Hash Rate: 119056960.428763 - Transaction Count: 304757.0 - Unique Addresses: 679937.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.45 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin is making gains Monday and Ethereum usage is hitting record highs in September. Bitcoin (BTC) trading around $10,669 as of 20:00 UTC (4 p.m. ET). Gaining 3.4% over the previous 24 hours. Bitcoin’s 24-hour range: $10,250-$10,759 BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians. The price of bitcoin hit as high as $10,759 on spot exchanges such as Coinbase Monday. That level has not been seen since Sept. 3 and the cryptocurrency is now heading into bullish territory. “The trend is indeed higher,” said Darius Sit, managing partner of quant firm QCP Capital. Related: MicroStrategy Buys $175M More in Bitcoin, Upping BTC Holdings to $425M Read More: Bitcoin’s Jump to $10.7K Ends 10-Day Sideways Trend Buy liquidations, the crypto equivalent of a margin call that wipes out short-sellers on derivatives exchanges such as BitMEX seemed to be helping to push bitcoin’s price up. A total of $19 million buy liquidations were more than double the $9.1 million in sell liquidations over the weekend and into Monday on BitMEX, helping fuel the price upswing. In the options market, some traders remained highly bullish that bitcoin can hit new highs. “While bitcoin price dabbles around $10,000 now, traders have still priced in a chance that bitcoin will trade at $20,000 by March 2021,” said William Purdy, an options trader and founder of analysis firm PurdyAlerts. Related: First Mover: Bitcoin Investors the Sane Ones as Federal Reserve Cheers Inflation, Price Nears $11K Indeed, based on how options are currently trading in the market, it appears as if options traders are estimating a 10% chance that bitcoin will be at $20,000 by the March 2021 expiration date. Over in the futures market, investor interest seems to have waned somewhat. Read More: Some Bitcoin Traders Are Betting on a $36K Price by Year’s End “Bitcoin futures aggregate open interest has dropped $1 billion, or 20%, since the start of September,” noted Jason Lau, chief operating officer for cryptocurrency exchange OKCoin. Story continues However, Lau said a higher bitcoin price could mean an increase in futures interest. “It seems traders are in a holding pattern,” Lau added. “U.S. markets have had a strong opening this morning, which pushed BTC up 5%, so it will be interesting to see what impact that has on open interest in the coming days.” Ethereum record gas usage Ether (ETH), the second-largest cryptocurrency by market capitalization, was up Monday, trading around $375 and climbing 3.2% in 24 hours as of 20:00 UTC (4:00 p.m. ET). Read More: Uniswap Takes Over SushiSwap Less Than 24 Hrs. After Rewards Drop The total amount of “gas” (or costs) used on the Ethereum network to send transactions and interact with decentralized finance (DeFi) protocols hit new highs in September. On Sept. 6, a record 80 billion units of gas was used on the network, and Friday (Sept. 11) was the second-highest usage day ever, at 79,743,954,147 units used. Read More: SushiSwap Users Ordered Changes, but the Protocol Can’t Deliver “I have short-term concerns about Ethereum network congestion but it’s a positive for the long term because it shows demand,” said Brian Mosoff, chief executive officer of Eth Capital, which invests in the Ethereum ecosystem. The short-term issues could cause pain from a usability standpoint, Mosoff added. “Realistically, until the second and third phases roll out in ETH 2.0, high gas costs or requiring the use of a supporting or competing network are going to be the reality.” Read More: The Virtual CoinDesk Invest: Ethereum Economy Event October 14 Other markets Digital assets on the CoinDesk 20 are all in the green Monday. Notable winners as of 20:00 UTC (4:00 p.m. ET): neo (NEO) + 9.9% lisk (LSK) + 7.5% ethereum classic (ETC) + 3% Read More: How Bitcoin Correlations Drive the Narrative Equities: Asia’s Nikkei 225 ended the day up 0.65% as investors digested signals that easy money policies would continue in Japan . Europe’s FTSE 100 closed flat, in the red 0.10% amid reports industrial production numbers have not returned to pre-coronavirus levels . In the United States, the S&P 500 climbed 1.6% with tech leading the way, boosted by Nvidia's $40 billion deal to buy chip designer Arm Holdings from Softbank. Read More: SEC Charges Rapper TI With Securities Violations for Promoting 2017 ICO Commodities: Oil is flat, in the red 0.01%. Price per barrel of West Texas Intermediate crude: $37.29. Gold was in the green 1% and at $1,958 as of press time. Read More: Iran May Fund Car Imports With Cryptocurrency Mining Treasurys: U.S. Treasury bond yields climbed Monday. Yields, which move in the opposite direction as price, were up most on the two-year bond, in the green 3%. Read More: The Crypto Firms Collaborating on a Swiss Franc Stablecoin Related Stories Market Wrap: Bitcoin Passes $10.7K; Ethereum Gas Usage Hits Record September Highs Market Wrap: Bitcoin Passes $10.7K; Ethereum Gas Usage Hits Record September Highs... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10575.97, 10549.33, 10669.58, 10793.34, 10604.41, 10668.97, 10915.69, 11064.46, 11296.36, 11384.18
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Leaked recordings of a private conversation suggest crypto lender Babel Finance leveraged some user funds to long bitcoin and faced potential default risks during this year’s Black Thursday market crash in March. Seven audio files first emerged online on Sept. 25 that appear to be parts of a longer in-person conversation between Del Wang, co-founder of Beijing-based Babel, and an unknown person. The recordings offer a rare hint of strategies taken by the industry’s nascent crypto lenders in managing their balance sheets, suggesting some business practices may be different from what they claim. Related: BlockFi Adds an Independent Pricing Partner to Guard Against Flash Crashes The audio files were initially uploaded to Anchor.fm by an anonymous Twitter user on Sept. 25 but were soon taken down by the platform after Babel filed complaints. The anonymous Twitter user then posted the recordings to YouTube. Several people familiar with the company listened to the recordings and confirmed to CoinDesk that it was Wang speaking. In one of the files, the unknown person also addressed Wang by his full name. In a written response to CoinDesk on Sept. 30, a Babel representative said the company is unable to confirm the authenticity of the recordings because they are “fragmented” and “clearly artificially edited.” The representative said they can’t comment on the content of the recordings and claimed the accusations made by the anonymous publisher were baseless and not factual. Wang didn’t respond to CoinDesk’s request for comment on the recordings. Related: Aave Becomes Second DeFi Project to Overtake MakerDAO for Most Crypto Deposited Following Babel’s initial response to Decrypt that the recordings could be patched together, the anonymous Twitter account posted two longer recordings on Sept. 30 that contain the previous seven parts. The new recordings suggest the conversations happened around March 20. Story continues Founded in 2018, Babel Finance is registered in Hong Kong with operations based in China. It has essentially taken on the role of a crypto bank in the industry by offering both saving and lending products. One of its money drivers was the difference between lending and saving interest. But according to the leaked recordings, Babel also bet that bitcoin’s price would rise and leveraged both its own and some customer funds to long bitcoin, which faced potential default risks during bitcoin’s 60% crash six months ago. ‘It’s called X Plan’ In the additional recordings published on Sept. 30, Wang can be heard saying Babel started buying bitcoin in early 2019 when its price was around $3,000. The initial capital for those purchases came from the $750,000 raised from Neo Growth Capital (NGC) and another $4 million as deposits, also from NGC. When asked why NGC didn’t buy bitcoin with the $4 million, Wang said NGC wasn’t planning to use that money for such a purpose. An unidentified partner at NGC reportedly said he was not aware of the NGC funds being used to speculate on bitcoin’s price. Wang apparently said in the recording that Babel adopted a strategy where it pledged the bitcoin it purchased to another lender in order to borrow more money when bitcoin’s price went up to $4,000. With the newly borrowed money, it continued buying more bitcoin. When bitcoin’s price went up again, it repeated the same method, which put more leverage on its long positions. “We became the customer of ourselves,” Wang said in the recordings. “We kept increasing our [bitcoin long] positions starting from $3,000 all the way to $14,000,” Wang was heard saying in the recordings. “Initially we had about 3X leverage, but then we leveled up as bitcoin’s price surged.” Read more: What Crypto Lender Celsius Isn’t Telling Its Depositors “It’s called X Plan,” Wang said in the recording, seemingly referring to the leverage strategy. “Initially only Flex Yang [Babel’s CEO and the other co-founder] and I knew about it. But later on three other shareholders also became aware of the plan.” Babel declined to elaborate on X Plan or comment specifically on the usage of NGC’s funds in the beginning, claiming information with its customers is confidential. The apparent upside of this method is the multiplied return on the back of bitcoin’s bull run in the first half of 2019, when bitcoin went from $3,000 to $14,000. Wang said in the recording that when bitcoin reached $14,000, the firm did realize this was not a long-term game and initially set a profit-stop order at $18,000. Even though it had later lowered the stop order targets, it didn’t fully close its positions. “Had we closed our positions even at $10,500, we could have made net profits of two to three hundred million yuan [around $30 million to $40 million],” Wang was heard saying. But the downside was the risk of how quickly Babel’s crypto reserves could react to margin calls from its capital sources for more bitcoin if bitcoin’s price suffered a sudden plunge. User funds Babel boasts that it is one of the major crypto lenders in the world, claiming to have over $350 million in outstanding loans as of June 30 this year. But customers’ deposits only constitute a relatively small part of the money that’s available for borrowers. A majority of Babel’s capital comes from other institutional lenders. Babel’s CEO and co-founder Flex Yang said prior to March 12 his firm was able to enjoy a collateral-to-loan (CTL) rate as low as 100% for borrowing funds from its capital sources. The firm’s main capital partners included BlockFi, Genesis Capital and Tether at the time. That means Babel would only need to pledge $1 million worth of bitcoin in order to borrow $1 million of USDT . But, when lending this amount to its own customers, Babel required an over 160% CTL rate, meaning borrowers needed to put in over $1.6 million worth of bitcoin as collateral. As such, Babel would have the difference of the $600,000 worth of bitcoin collateral sitting on the liability side of its balance sheet. One reason Babel could enjoy a more attractive collateral rate from its capital sources is because it advertises that Chinese bitcoin miners who are able to generate bitcoin organically and meet margin calls if needed are its primary lending customers. In an ideal situation, the risk would be relatively low for Babel if it holds all the $600,000 bitcoin collateral in the example above within its reserve. But the reality appears to be muddier because Babel didn’t exactly draw a fine line between its own assets and user funds, according to Wang in the recording. Read more: SEC Orders Salt Lending to Offer Refunds to Investors in Its $47M ICO In the response to CoinDesk, Babel claimed that customers’ collateral is either stored in cold wallets or further lent out to counterparties while taking in USDT as collateral. “The situation of Babel using customers’ funds to trade crypto doesn’t exist,” the firm claimed in the statement. But then that raises a question of how it could even differentiate customers’ positions from its own long positions if they were bundled together to execute a leverage plan. In one of the recordings, the unknown person said to Wang: “Strictly speaking, these [user] funds do not belong to you, and you should not have used them as leverage.” “Right,” Wang answered, explaining: “The money we used to buy bitcoin came from our fundraise, our interest profits and profits we made through increasing our long positions.” The person went on to question: “If it was all just your own asset, you couldn’t have got this large [long] position. … That means you probably have also used parts of borrowers’ collateral and depositors’ funds.” Wang did not directly answer with a yes or no to that question but said that “if considering ourselves as a customer, then our funds and real users’ funds are all mixed up together.” “The good customers are the real customers. The bad customers are ourselves,” Wang was also heard saying in the recording. Babel declined to disclose how large its long positions were before this year’s March sell-off. March 12 The real risk didn’t start to materialize until March 12, when bitcoin’s price crashed by over 60% in a matter of a day. The sudden drop led to a severe devaluation of Babel’s collateral at its capital sources, to the extent that its collateral at Tether at one point was worth below 80% of what Babel had borrowed from the USDT issuer, people familiar with Babel’s operations told CoinDesk. The people said at that point Babel owed Tether 2,000 to 3,000 BTC just to meet the 100% CTL rate. If Tether chose to liquidate Babel’s position, itself would also suffer a loss since the bitcoin collateral it had was worth much less than the money it lent out at that point. When asked why Babel didn’t send in more bitcoin to meet the margin calls from its capital sources during the March 12 crash, Wang said in the recording the firm didn’t have the coins for its own positions. He said Babel later liquidated some borrowers’ positions worth 3,000 to 4,000 BTC but didn’t exactly sell them. Babel declined to comment on Wang’s comment about it falling short of reserves to meet margin calls but claimed it didn’t default any borrower due to its own violation of terms, such as failing to pay back collateral as demanded. Babel said it also didn’t default any institutional lenders and there was no forced liquidation from its capital partners due to Babel’s own violation of terms. But one smaller lending partner, Hong Kong-based OSL, force-liquidated Babel’s more than 500 BTC collateral following the March 12 crash, according to screenshots of conversations between the two seen and reviewed by CoinDesk. Yang said the forced liquidation came after Babel met OSL’s margin calls and subsequently blamed OSL for the act instead of itself. OSL has not yet responded to CoinDesk’s request for comment. In fact, the people familiar with the situation said when the March 12 crash happened, Babel asked for credit lo **Last 60 Days of Bitcoin's Closing Prices:** [11246.35, 11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-10-02 **Financial & Commodity Data:** - Gold Closing Price: $1900.20 - Crude Oil Closing Price: $37.05 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $198,914,324,303 - Hash Rate: 130578601.76057878 - Transaction Count: 315443.0 - Unique Addresses: 689077.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.41 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: There is no shortage of cryptocurrency wallets promising to keep users’ digital assets safe, but in a sub-sector that moves at warp speed, Coin.Space Founder Jonathan Speigner is focused on the fundamentals: adding features, supporting new coins, and onboarding first-time users. A veteran in the industry, Speigner has witnessed many rivals come and go since launching the platform in 2015, when bitcoin’s price was in the low hundreds. The Path to Mainstream Crypto Adoption The value of bitcoin isn’t the only thing that’s changed since Speigner created a low-fee crypto wallet aimed at novices. The digital asset ecosystem has expanded exponentially, with numerous projects pushing the envelope as far as technological innovation is concerned. From the ICO boom to the birth of stablecoins via the Cash App and Facebook’s Libra, the landscape has changed immeasurably. While Speigner is proud to have “reached over 20 million wallets users and been used by so many first-time crypto users around the world,” he is keen to help the industry move to the elusive next level: mainstream adoption. There is no set criteria to determine when such a level will have been reached, but recent developments augur well: in June, news broke that PayPal (NASDAQ: PYPL ) would roll out direct sales of cryptocurrency to its 325 million users. Payments giant Mastercard (NYSE: MA ), meanwhile, has been helping to power crypto-fiat payment cards ; it also just launched a testing platform to simulate the “issuance, distribution and exchange of central bank digital currencies (CBDCs) between banks, financial service providers and consumers.” While some believe CBDCs will negatively affect cryptocurrencies such as bitcoin, others – such as Grayscale Investment (OTCMKTS: GBTC ) CEO Barry Silbert – believe they will pave the way for institutional interest. “I find it interesting and encouraging that the likes of Mastercard and Bank of America have done an about-face from just a year ago, when they were banning crypto transactions,” says Jonathan Speigner. “The last holdouts have been governments and financial institutions, so I see this as the start of some really big changes for crypto and early adopters of crypto wallets. Story continues Jonathan Speigner Jonathan Speigner “While Coin.Space is a global brand, Bank of America – which has filed a patent for a crypto-inclusive digital currency wallet – will more than likely only be offered to US users. I hope Mastercard takes a more global approach.” They will certainly need to if they seek to “bank the unbanked,” a common enough goal touted by fintech companies, especially those in the cryptosphere. Having worked on the technical side of security as well as cryptocurrency and cloud computing, Speigner understands the challenges of achieving such an ambition – but he remains undaunted. “Anything that helps the unbanked I am in support of,” he explains, referencing the burgeoning decentralized finance (defi) movement that seeks to widen access to financial services and whose products include borrowing and lending. “From day one we’ve had the same goal, and I am most proud of achieving that in so many countries, with millions of crypto transactions. It’s very early days with defi, and there will be a lot of work to do. We are always watching to see how things like defi will play into and help with wallet adoptions. We have some exciting partnerships in the works with some defi leaders, actually.” A Crypto Wallet That’s Pro-Privacy Bitcoin was conceived as a digital currency that couldn’t be manipulated by authorities, a secure asset that empowers individuals to directly manage their own finances without relying on custodial service providers. However, many users have neglected to retain ownership of their private keys, meaning their funds sit on centralized cryptocurrency exchanges which are notoriously vulnerable to malicious attacks. This year alone, $1.4 billion has been stolen from crypto users – a large percentage of which was thieved from insecure exchange platforms. As a noncustodial wallet, Coin.Space is a different proposition, utilizing AES-256 and BIP 39 passphrase encryption and a four-digit PIN for wallet access. The wallet is also enabled with Tor and VPN support, and it’s been designed to ensure that even those with low bandwidth connections can still make transactions. “Security has been our number one priority and most of our roadmap is focused on adding more security for our users,” explains Speigner. “Hardware wallet-level security in a mobile wallet will be an industry first. Tor and VPN support were added due to customer requests, since some users desire an additional layer of security. They’ve also historically been needed by users whose governments have tried to block cryptocurrency. “Since we do not log or track users, I couldn’t say what percentage of users use VPN or Tor, but we want to make sure if they need to for their own reasons, we support that additional level of privacy for them.” Bullish on Bitcoin It doesn’t matter how useful or feature-rich they are; to many people, crypto wallets will always be synonymous with bitcoin. If the currency takes a hit, the very concept of a crypto wallet also suffers. So, what are Speigner’s impressions of bitcoin after the events of 2020, with BTC having broken the resistance level of $10,000 more than once? “I am bullish on crypto, don’t get me wrong – I spent five years building Coin.Space because I believe it's the future. But the emotional roller coaster of the ups and down of BTC, ETH or indeed any other crypto is something I have learned to put aside. We like to keep focused on adding new features and support new coins and other trends. From what I have seen, I think BTC will be around and stay at the benchmark for the foreseeable future.” Whatever happens, the CEO is unlikely to deviate from his mission to solidify Coin.Space’s status as a premier crypto wallet, with 20 million users in over 20 countries. With competition more intense than ever, and the likes of PayPal and Mastercard moving into the crypto business, it’ll be no mean feat. Disclosure: None.... - Reddit Posts (Sample): [['u/UGetOffMyLawn', 'Voting in Maricopa County - Did you know?', 770, '2020-10-02 00:30', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/', '* Did you know the last day to register is **[~~October 5th~~ extended to October 23rd](https://recorder.maricopa.gov/elections/registrationform.aspx)?**\n\n\n* Did you know that early ballots will be sent out beginning on [October 7th](https://recorder.maricopa.gov/elections/electioncalendar.aspx) which coincides with the first day of in person early voting according to the election calendar?\n\n \n* Did you know you can watch live streams from the Elections Office [Ballot Tabulation Center](https://recorder.maricopa.gov/multimedia/btcgallery.aspx)?\n\n\n* Did you know that Adrian Fontes our County Recorder has series of [Myth Busters videos](https://recorder.maricopa.gov/site/faq.aspx#tabs=4) out about our elections?\n\n\n* Did you know you can read the full [Early Voting](https://recorder.maricopa.gov/pdf/GENERAL%20ELECTION%202020_Early%20Voting%20Plan_FINAL.pdf) and [Emergency Voting](https://recorder.maricopa.gov/pdf/Final%20November%202020%20General%20Election%20Day%20and%20Emergency%20Voting%20Plan%209-16-20.pdf) Plans online?\n\n* Did you know that the Maricopa County Voter Dashboard is found [here](https://recorder.maricopa.gov/beballotready/)?\n\n\n* Did you know that Maricopa County provides both [online and paper maps](https://recorder.maricopa.gov/electionmaps/) (for a small fee) of many different election data points?\n\n \n* Did you know that election results will be available [here](https://recorder.maricopa.gov/electionresults/)?\n\n* Did you know you can sign up for [text or email alerts](https://recorder.maricopa.gov/subscriptions/) to get updates on your ballot in Maricopa County?\n\n* Did you know you can check where a local Vote Center or Drop Box is [right here](https://recorder.maricopa.gov/pollingplace/) (with a searchable list coming soon)?\n\n* Did you know we have much more information available on our [Politics](https://www.reddit.com/r/phoenix/wiki/politics/) wiki page?', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/', 'j3iu5y', [['u/mitterjabbers', 77, '2020-10-02 00:47', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7c8wom/', 'Please, everyone go vote!', 'j3iu5y'], ['u/silentcmh', 179, '2020-10-02 01:24', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cdcl9/', 'Mods, let’s pin this.', 'j3iu5y'], ['u/concentrate7', 35, '2020-10-02 01:34', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cefzc/', 'Fantastic post!', 'j3iu5y'], ['u/markp_93', 25, '2020-10-02 01:37', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cettl/', 'Thank you for posting this.', 'j3iu5y'], ['u/greggilliam2nd', 15, '2020-10-02 01:40', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cf4ge/', 'Thank you. Was wondering when I’d get my ballot.', 'j3iu5y'], ['u/UncleTogie', 13, '2020-10-02 01:43', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cfhmd/', "Post like this are why you're my Puddin' Bear.", 'j3iu5y'], ['u/Andrew_Korenchkin', 11, '2020-10-02 01:49', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cg3um/', 'Fantastic post. \n\nYour vote counts, everyone should be voting!', 'j3iu5y'], ['u/Andrew_Korenchkin', 20, '2020-10-02 01:50', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cg46i/', 'Agreed.', 'j3iu5y'], ['u/115MRD', 59, '2020-10-02 01:53', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cgexs/', "[Even if you think you're registered check your status here!](https://my.arizona.vote/PortalList.aspx)\n\nRemember you have to re-register if you move or change your name!", 'j3iu5y'], ['u/bethster2000', 16, '2020-10-02 02:03', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7chfvb/', 'Will be voting in person, but thanks for the links...just double-checked and I am registered and ready to vote.\n\n# VOTE!!!!', 'j3iu5y'], ['u/RobertAPetersen', 27, '2020-10-02 02:08', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7chyp9/', 'Yes', 'j3iu5y'], ['u/jc0187', 21, '2020-10-02 02:12', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cidnh/', 'Vote people! Get your voice out there! Vote...to legalize recreational marijuana! We can make it happen this time!', 'j3iu5y'], ['u/decoy321', 22, '2020-10-02 02:15', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7ciq9u/', 'I support this. u/UGetOffMyLawn is a goddamn credit to this town.', 'j3iu5y'], ['u/auggie5', 15, '2020-10-02 03:01', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cnnqk/', 'Upvote this to the top!\n\nBtw it sucks that they made that rule. You used to be able to tell the person your name and address, they would mark you off of the list and you would get your ballot. The ID thing is pointless. It’s funny that the party of small government constantly wants more government', 'j3iu5y'], ['u/jdcnosse1988', 18, '2020-10-02 03:10', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cosaz/', 'This is one of the reasons I dislike how they do address changes.\n\nGrowing up in Michigan, when I moved and changed my address, they gave me a sticker with the new address to put on the back, and it was considered official.\n\nHere in AZ I always have my voter registration card on me because my ID has my address from 8 years ago.', 'j3iu5y'], ['u/BASK_IN_MY_FART', 20, '2020-10-02 03:24', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cqeer/', 'Yaaas, or however the kids say that. I concur!', 'j3iu5y'], ['u/MessianicJuice', 16, '2020-10-02 03:34', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7crl27/', "It's just to decrease turnout by x%.", 'j3iu5y'], ['u/marionbobarion', 11, '2020-10-02 03:47', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7ct1k6/', 'Maricopa County Early Voting. I opened mountains of voter registrations today.', 'j3iu5y'], ['u/UncleTogie', 13, '2020-10-02 03:53', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7ctq0f/', '> I concur!\n\nI can never see those two words together without flashing back to [a classic...](https://www.youtube.com/watch?v=dm1p9mE9RBw)', 'j3iu5y'], ['u/[deleted]', 10, '2020-10-02 04:16', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cw7pf/', 'Did you know there’s a [Permanent Early Voting List](https://recorder.maricopa.gov/PermEvSignup/) you can sign up for when you register, or anytime thereafter, and you’ll automatically get mailed all ballots you’re qualified to vote on, including primaries, state and local elections, initiatives, school board, budget overrides, etc?', 'j3iu5y'], ['u/udderchaos69', 10, '2020-10-02 05:50', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7d5zys/', 'And danced in space!!', 'j3iu5y'], ['u/KittyLune', 11, '2020-10-02 10:53', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7dtgam/', "And you have to reregister to change party affiliations! That's a very important piece of information in case you're stuck under Other for a party-specific election. I can't tell you how many times I had to explain to valley residents that they were unable to vote in the Democratic Presidential Preference election back in March because they didn't change that information.", 'j3iu5y']]], ['u/ADementedPony', 'How much Bitcoin is enough to start with?', 11, '2020-10-02 02:43', 'https://www.reddit.com/r/XRP/comments/j3kwr6/how_much_bitcoin_is_enough_to_start_with/', 'I don’t really know too much about cryptocurrency but have been told to invest into xrp. I have purchased 560XRP for now but is this enough to make a decent amount of money?', 'https://www.reddit.com/r/XRP/comments/j3kwr6/how_much_bitcoin_is_enough_to_start_with/', 'j3kwr6', [['u/jfgrissom', 17, '2020-10-02 03:04', 'https://www.reddit.com/r/XRP/comments/j3kwr6/how_much_bitcoin_is_enough_to_start_with/g7co2wr/', 'This is the painful thing about trading or investing. Just when you think the bull run is over, it keeps going. Just when you think it will keep running, it’s over.\n\nPersonally my first window for selling a small portion is when 1 XRP has today’s equivalent purchasing power of 50 USD. But when that will happen (if ever)... who knows? \n\nDon’t count on what you invested. Consider it cash you light on fire and forget about it. Maybe you’ll be surprised and get to retire. Maybe it just goes down in your personal history as money spent on something similar to Starbucks or alcohol.', 'j3kwr6'], ['u/boomythewitcher', 20, '2020-10-02 03:25', 'https://www.reddit.com/r/XRP/comments/j3kwr6/how_much_bitcoin_is_enough_to_start_with/g7cqh4n/', "At the end of the day, you invest what you are willing to lose especially for crypto. Doesnt matter how big or small tbh. Even if you just put in 50 bucks a month, if the price goes up 100x after 5 years, then that's at least, a sweet 60k. Your financial capability should dictate the amount you're willing to put in.\n\nMost of my money (80-85%) is actually in the traditional stuff- bonds, retirement pension stuff etc. Only 15% is allocated in crypto and stocks. This 15% won't keep me awake at night if I lose it all but the practice of me consistently putting money in t... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10549.33, 10669.58, 10793.34, 10604.41, 10668.97, 10915.69, 11064.46, 11296.36, 11384.18, 11555.36
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, fell by 0.44% on Friday. Following on from a 1.51% on Thursday, Bitcoin ended the day at $10,586.0.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $10,686.0 before hitting reverse.\nFalling well short of the first major resistance level at $10,919, Bitcoin slid to a late morning intraday low $10,391.0.\nBitcoin fell through the first major support level at $10,404 before finding support.\nA partial recovery saw Bitcoin strike an afternoon high $10,607 before easing back into the red.\nThe near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bearish day on Friday.\nBitcoin Cash SV (-6.04%), Cardano’s ADA (-5.05%), Chainlink (-3.93%), and Polkadot (-4.59%) led the way down.\nBitcoin Cash ABC (-3.09%), Crypto.com Coin (-2.26%), Ethereum (-2.02%), Litecoin (-2.79%), and Ripple’s XRP (-1.54%) also struggled.\nBinance Coin saw a modest 0.26% loss on the day, however.\nIn the current week, the crypto total market rose to a Thursday high $344.75bn before falling to a Friday low $320.05bn. At the time of writing, the total market cap stood at $327.54bn.\nBitcoin’s dominance fell to a Thursday low 58.78% before rising to a Friday high 60.02%. At the time of writing, Bitcoin’s dominance stood at 59.60%.\nAt the time of writing, Bitcoin was down by 0.25% to $10,560.0. A bearish start to the day saw Bitcoin fall from an early morning high $10,592.0 to a low $10,549.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBitcoin Cash SV bucked the trend early on, with a 0.43% gain.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Binance Coin was down by 0.82% to lead the way down.\nBitcoin would need to avoid a fall back through the pivot level at $10,554 to bring the first major resistance level at $10,718 into play.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $10,686.0.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,849 before any pullback.\nFailure to avoid a fall back through the $10,554 pivot would bring the first major support level at $10,423 into play.\nBarring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,200 support levels. The second major support level at $10,259 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• Gold Price Forecast – Gold Markets Throw Up Neutral Candlestick\n• Crude Oil Price Forecast – Crude Oil Markets Look Vulnerable\n• USD/CAD Daily Forecast – Support At 1.3280 Stays Strong\n• Natural Gas Price Forecast – Natural Gas Markets Show Resiliency\n• Gold Price Prediction – Prices Ease Following Soft Payroll Report\n• The Weekly Wrap – Data, COVID-19, Brexit, and U.S Politics Drove the Majors', 'Bitcoin, BTC to USD, fell by 0.44% on Friday. Following on from a 1.51% on Thursday, Bitcoin ended the day at $10,586.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $10,686.0 before hitting reverse. Falling well short of the first major resistance level at $10,919, Bitcoin slid to a late morning intraday low $10,391.0. Bitcoin fell through the first major support level at $10,404 before finding support. A partial recovery saw Bitcoin strike an afternoon high $10,607 before easing back into the red. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Friday. Bitcoin Cash SV (-6.04%), Cardano’s ADA (-5.05%), Chainlink (-3.93%), and Polkadot (-4.59%) led the way down. Bitcoin Cash ABC (-3.09%), Crypto.com Coin (-2.26%), Ethereum (-2.02%), Litecoin (-2.79%), and Ripple’s XRP (-1.54%) also struggled. Binance Coin saw a modest 0.26% loss on the day, however. In the current week, the crypto total market rose to a Thursday high $344.75bn before falling to a Friday low $320.05bn. At the time of writing, the total market cap stood at $327.54bn. Bitcoin’s dominance fell to a Thursday low 58.78% before rising to a Friday high 60.02%. At the time of writing, Bitcoin’s dominance stood at 59.60%. This Morning At the time of writing, Bitcoin was down by 0.25% to $10,560.0. A bearish start to the day saw Bitcoin fall from an early morning high $10,592.0 to a low $10,549.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV bucked the trend early on, with a 0.43% gain. It was a bearish start for the rest of the majors, however. At the time of writing, Binance Coin was down by 0.82% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $10,554 to bring the first major resistance level at $10,718 into play. Story continues Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $10,686.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,849 before any pullback. Failure to avoid a fall back through the $10,554 pivot would bring the first major support level at $10,423 into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,200 support levels. The second major support level at $10,259 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Forecast – Gold Markets Throw Up Neutral Candlestick Crude Oil Price Forecast – Crude Oil Markets Look Vulnerable USD/CAD Daily Forecast – Support At 1.3280 Stays Strong Natural Gas Price Forecast – Natural Gas Markets Show Resiliency Gold Price Prediction – Prices Ease Following Soft Payroll Report The Weekly Wrap – Data, COVID-19, Brexit, and U.S Politics Drove the Majors', 'A bunch of my friends from high school back in Kansas were getting together for a birthday at a hometown bar a little while back and I, now a New Yorker, couldn’t be there. So I told one of my buddies to buy everyone a round and Venmo me for whatever it cost. His response: “What’s Venmo?” It was one of about a billion times life has told me that you can’t go home again, but this story would come as no surprise to Lana Swartz, a media studies professor at the University of Virginia. She’s the author of the book “ New Money: How Payment Became Social Media ,” which goes into detail explaining how payment apps are more than tools. Related: Italian Payments Giants Merging to Form Entity That Will Dominate Local Market In short: Payment signals affiliation. Swartz calls payment groupings “transactional communities,” and every credit card or national currency represents one. As Swartz writes in her book, “Venmo is not a wallet, it’s a conversation.” I’ve joined it. My old friends are still splitting the tab by hand. So it goes. What about crypto? “New Money” is a read that will force members of any crypto tribe to ask themselves: Who am I? What does using ETH or BTC or XLM or ATOM say about me and those with whom I affiliate? Swartz’s book is all about the complex story of how payments work, and what your chosen currency says about you. Related: The Standard About to Revolutionize Payments Acknowledging this, Swartz describes blockchain in particularly in a grand way, writing: “A money that remembers better is, for many people, the ‘dream’ promised by blockchain, a perfect transactional memory, a truly distributed ledger of all money’s distributed agency, eternal and transcendent of human incapacity, remembering everything and beholden to no one.” As Swartz put it when we spoke, there was a camp of early Bitcoiners, those who counted themselves among the cypherpunks or an adjacent group, who knew that “getting the money right will either be a matter of having the internet be just another overlay on the existing kind of tyranny, existing power, or it could really be an opportunity for changing society for the better.” Story continues Read more: Bitcoin and the Rise of the Cypherpunks But, since Bitcoin, more than a thousand cryptocurrencies have sprung up, and 25 of those (as of this writing) have market capitalizations greater than $1 billion. Nothing gets to that kind of value without some number of people buying into its message. But blockchain tribes tell garbled stories about themselves; each credit card company knows exactly how it wants its customers to see themselves. Peasants into Frenchmen It should be noted that “New Money” is about payment, not crypto, but it gives crypto a respectful spot in the overall story, which is a useful one for this industry. Adopting a given kind of money has long helped instill a shared identity. In our conversation, Swartz and I revisited her book’s discussion of Eugen Weber , the UCLA historian who wrote in 1976 of how the French franc was a key tool in turning “ peasants into Frenchmen ” because using it gave them a transactional community, one where the fruits of their labor could be redeemed far from home. Since nations demonstrated the efficacy of creating transactional communities to bind their people, the private sector has just gone on building more and more transactional communities on top of fiat. Swartz describes how traveler’s checks were a way for wealthy people to show that their money was good all over the world. Charge cards were a way for businessmen to show they were elite. Read more: Understanding the Coming Currency Cold War And b **Last 60 Days of Bitcoin's Closing Prices:** [11205.89, 11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-10-03 **Financial & Commodity Data:** - Gold Closing Price: $1900.20 - Crude Oil Closing Price: $37.05 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $194,913,551,775 - Hash Rate: 144980653.4253485 - Transaction Count: 310855.0 - Unique Addresses: 642826.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.40 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin is moving off exchanges, has been less volatile than TLSA and broke its record for longest streak trading above five figures. Also: Bitwise’s bitcoin fund has more than doubled in size, KuCoin was hacked and Jack Dorsey dropped a few more hints about his decentralized social media standard, Blue Sky. Top shelf Accredited investor interest Bitwise’s bitcoin fund has brought in $8.9 million, the single-largest increase in assets raised in the fund’s two-year history, according to a recently amended filing with the Securities and Exchange Commission (SEC). The firm’s Bitcoin Fund provides accredited U.S. investors with exposure to bitcoin through a traditional product. In 2019, the fund attracted $4.1 million in investment, meaning the fund has more than doubled in size the past year. Bitwise executives pointed to fears of inflation and bitcoin’s role as a hedge as reasons for increased interest in their product. Bitcoin’s well-known volatility is often seen as a barrier to entry for institutional clients, but the cryptocurrency has in fact been more stable than Tesla’s (TSLA) stock. Related: First Mover: Binance CEO Sees Future in DeFi While Bitcoin Volatility Turns Minuscule Enterprise solutions EY has unveiled a new Ethereum-based, enterprise-grade blockchain solution called the OpsChain Network Procurement. The platform is designed to enable companies to run private end-to-end procurement activities by allowing buyers and sellers to operate as networks, while automatically tracking volumes and spend and utilizing agreed terms and pricing. The platform utilizes open-source software including the Microsoft-backed Baseline Protocol and operates on the public Ethereum blockchain, CoinDesk’s Sebastian Sinclair reports. Twitter’s blockchain Jack Dorsey said blockchain is the future of Twitter and his latest initiative is looking to hire at least five new roles, while speaking at the virtual Oslo Freedom Forum 2020 on Friday. The CEO of Twitter and Square revealed details of the nonprofit Blue Sky initiative meant to create an open standard for social media. Under this vision, users can contribute to and access data from a decentralized version of Twitter instead of a centralized service where the social media platform hosts content on its website. “Blockchain and bitcoin point to a future, point to a world, where content exists forever,” Dorsey said. “We’re not in the content hosting business anymore, we’re in the discovery business.” Story continues KuCoin hack Over the weekend, a hacker breached KuCoin’s hot wallets absconding with some $150 million in crypto. KuCoin said in a statement that it detected large withdrawals of bitcoin (BTC) and ethereum (ETH) tokens to an unknown wallet beginning at 19:05 UTC time on Friday. The exchange’s chief executive Johnny Lyu said KuCoin has transferred the remaining funds from compromised wallets to new addresses and momentarily froze customer deposits and withdrawals. While other exchanges including Bitfinex and Tether have blacklisted the stolen funds. An investigation is underway and stolen customer money will be “covered completely” by an insurance fund, Lyu said. DeFi goes NFT The excitement in DeFi has shifted to the NFT market, CoinDesk’s Brady Dale reports. NFTs, one-of-a-kind tokens made possible by Ethereum’s ERC-721 standard, have not captivated investor attention until quite recently when people realized these digital collectibles could be used for yield farming. Platforms like NIFTEX have enabled NFT indices, Rarible has added a native token and Uniswap’s liquidity pools are creating new avenues for financialization – a trend Dale traces back to John Lyall’s MEME experiment. Quick bites The Bahamas Reveal Details, October Date of Landmark Central Bank Digital Currency Debut (Danny Nelson/CoinDesk) Bitfinex Launches Tether-Settled Perpetual Contracts Based on European Equities (Omkar Godbole/CoinDesk) A cadre of crypto investment bankers is gearing up for a dealmaking frenzy (Frank Chaparro/The Block) Coinbase is a mission focused company (Brian Armstrong/Coinbase) How Hard Is It to Brute Force a Bitcoin Private Key? (Scott Chipolina/Decrypt) At stake Related: Growing the pie Uniswap is now bigger than the entire decentralized finance space just two months ago, as the trading protocol becomes the first to pass the $2 billion milestone. Uniswap clocked the record figure just after midnight (UTC) Monday, according to crypto rankings website DeFi Pulse. The next biggest DeFi project, peer-to-peer lending platform Maker, trails slightly behind Uniswap at $1.96 billion in total value locked (TVL), according to DeFi Pulse. There’s now more than $11 billion in TVL in the DeFi ecosystem, with Uniswap making up approximately 18% of that. Market intel Five digit streak Bitcoin closed Sunday at $10,793 setting a record of 63 consecutive daily closes above $10,000, according to market data aggregated by Messari. The bellwether cryptocurrency’s previous record 62-day streak above $10,000 lasted from Dec. 1, 2017, through Jan. 31, 2018, when bitcoin reached its all-time high of just above $19,900 on Coinbase, CoinDesk’s Zack Voell reports. Exchanges down? The balance of bitcoin on major exchanges has hit its lowest levels since November 2018, potentially signalling a bullish view from bitcoin holders, as they move to longer-term holding strategies, such as cold wallets. Additionally, a rise in new investors during the coronavirus pandemic has led to a growth in “white glove” services, meaning fewer bitcoin on exchanges and more in managed portfolios. Another possible explanation? Bitcoin is being moved to tokenization solutions for use in the DeFi ecosystem, CoinDesk’s Muyao Shen reports. Op-ed Stablecoin guidance Reading between the lines, CoinDesk Director of Research Noelle Acheson thinks the Comptroller of the Currency’s (OCC) latest stablecoin guidance is more than a nudge for the industry. “This could incentivize banks to actively seek stablecoin business, and in so doing, broaden both their client base and their stake in crypto markets… So, a bank could attract not just stablecoin issuers, but also their clients. It would then make sense to facilitate the transfers of stablecoins between clients, and (why not) even between banks. New payments networks could emerge, which in turn could give rise to a host of new banking services,” she writes. Podcast corner Stablecoins & power politics On the inaugural episode of Opinionated, a new podcast featuring CoinDesk’s leading columnists and contributors, CoinDesk editor Ben Schiller is joined by cryptoratti Nic Carter to discuss crypto’s biggest story: the $20 billion stablecoin boom. Who won #CryptoTwitter? Related Stories Blockchain Bites: DeFi Meets NFTs, TSLA Beats Bitcoin in Volatility, Uniswap Breaks $2B Blockchain Bites: DeFi Meets NFTs, TSLA Beats Bitcoin in Volatility, Uniswap Breaks $2B View comments... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10669.58, 10793.34, 10604.41, 10668.97, 10915.69, 11064.46, 11296.36, 11384.18, 11555.36, 11425.90
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, slipped by 0.26% on Saturday. Following on from a 0.44% decline on Friday, Bitcoin ended the day at $10,558.6. It was a relatively range-bound day on Saturday. Bitcoin fell to a mid-morning intraday low $10,513.0 before finding support. Steering clear of the first major support level at $10,423, Bitcoin rose to a late afternoon intraday high $10,616.0. Falling well short of the first major resistance level at $10,718, Bitcoin fell back to sub-$10,600 levels and into the red. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Binance Coin rose by 3.18% to lead the way. Cardano’s ADA (+0.52%), Chainlink (+0.52%), Ethereum (+0.13%), and Litecoin (+1.47%) also found support. It was a bearish day for the rest of the majors, however. Polkadot slid by 1.28% to lead the way down. Bitcoin Cash ABC (-0.93%), Bitcoin Cash SV (-0.36%), Crypto.com Coin (-0.14%), and Ripple’s XRP (-0.57%) also joined Bitcoin in the red. In the current week, the crypto total market rose to a Thursday high $344.75bn before falling to a Friday low $320.20bn. At the time of writing, the total market cap stood at $328.15bn. Bitcoin’s dominance fell to a Thursday low 58.78% before rising to a Friday high 59.99%. At the time of writing, Bitcoin’s dominance stood at 59.55%. This Morning At the time of writing, Bitcoin was up by 0.20% to $10,579.4. A mixed start to the day saw Bitcoin fall to an early morning low $10,541.0 before rising to a high $10,580.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash ABC (-0.35%), Bitcoin Cash SV (-0.59%), Cardano’s ADA (-0.29%), Chainlink (-0.51%), Polkadot (-0.48%), and Ripple’s XRP (-0.03%) saw red early on. Story continues It was a bullish start for the rest of the majors, however. At the time of writing, Binance Coin was up by 0.54% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $10,563 to bring the first major resistance level at $10,612 into play. Support from the broader market would be needed, however, for Bitcoin to break back through to $10,600 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,666 and resistance at $10,700 before any pullback. Failure to avoid a fall back through the $10,563 pivot would bring the first major support level at $10,509 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,400 support levels. The second major support level at $10,460 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – U.S Politics, Trump, Brexit, and Economic Data in Focus Gold Price Prediction – Prices Ease Following Soft Payroll Report Gold Price Futures (GC) Technical Analysis – Strengthens Over $1917.40, Weakens Under $1889.70 Crude Oil Weekly Price Forecast – Crude Oil Continue to Soften Silver Weekly Price Forecast – Silver Markets Rally Slightly Natural Gas Weekly Price Forecast – Natural Gas Continue Same Range', 'Bitcoin, BTC to USD, slipped by 0.26% on Saturday. Following on from a 0.44% decline on Friday, Bitcoin ended the day at $10,558.6. It was a relatively range-bound day on Saturday. Bitcoin fell to a mid-morning intraday low $10,513.0 before finding support. Steering clear of the first major support level at $10,423, Bitcoin rose to a late afternoon intraday high $10,616.0. Falling well short of the first major resistance level at $10,718, Bitcoin fell back to sub-$10,600 levels and into the red. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Binance Coin rose by 3.18% to lead the way. Cardano’s ADA (+0.52%), Chainlink (+0.52%), Ethereum (+0.13%), and Litecoin (+1.47%) also found support. It was a bearish day for the rest of the majors, however. Polkadot slid by 1.28% to lead the way down. Bitcoin Cash ABC (-0.93%), Bitcoin Cash SV (-0.36%), Crypto.com Coin (-0.14%), and Ripple’s XRP (-0.57%) also joined Bitcoin in the red. In the current week, the crypto total market rose to a Thursday high $344.75bn before falling to a Friday low $320.20bn. At the time of writing, the total market cap stood at $328.15bn. Bitcoin’s dominance fell to a Thursday low 58.78% before rising to a Friday high 59.99%. At the time of writing, Bitcoin’s dominance stood at 59.55%. This Morning At the time of writing, Bitcoin was up by 0.20% to $10,579.4. A mixed start to the day saw Bitcoin fall to an early morning low $10,541.0 before rising to a high $10,580.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash ABC (-0.35%), Bitcoin Cash SV (-0.59%), Cardano’s ADA (-0.29%), Chainlink (-0.51%), Polkadot (-0.48%), and Ripple’s XRP (-0.03%) saw red early on. Story continues It was a bullish start for the rest of the majors, however. At the time of writing, Binance Coin was up by 0.54% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $10,563 to bring the first major resistance level at $10,612 into play. Support from the broader market would be needed, however, for Bitcoin to break back through to $10,600 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,666 and resistance at $10,700 before any pullback. Failure to avoid a fall back through the $10,563 pivot would bring the first major support level at $10,509 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,400 support levels. The second major support level at $10,460 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – U.S Politics, Trump, Brexit, and Economic Data in Focus Gold Price Prediction – Prices Ease Following Soft Payroll Report Gold Price Futures (GC) Technical Analysis – Strengthens Over $1917.40, Weakens Under $1889.70 Crude Oil Weekly Price Forecast – Crude Oil Continue to Soften Silver Weekly Price Forecast – Silver Markets Rally Slightly Natural Gas Weekly Price Forecast – Natural Gas Continue Same Range', 'Since the formal introduction of Ethereum in 2014, the network has exploded with products that allow users to transact directly with one another, without relying on a third party.\nOne of the most common use cases is that of a decentralized exchange (DEX), an idea that dates back to Vitalik Buterin’s unveiling of Ethereum in 2014. Examining the history of how DEXs have evolved can help elucidate where DEXs are headed and how they will compete with centralized exchanges.\nDEXs come in a variety of forms, but share one common quality: non-custodial. DEXs use smart contracts to manage funds on-chain, so users never have to trust a third party with their money.\nRelated:First Mover: Day in the Life of a Yield Farmer Means Part-Time Gig, Full-Time Risk\nHowever, theexchangepart of a DEX – the way buyers and sellers find each other – can vary widely from one implementation to another. When thinking about the future of DEXs, it’s helpful to first understand their past.\nAlex Wearn is the co-founder and CEO of IDEX, a high-performance DEX. He has spent his career in software development, including time at Amazon, Adobe, and IBM. He has been hacking on crypto startups since 2014, transitioning to full time with the launch of IDEX in 2018.\nThe earliest Ethereum DEXs, like EtherEx and OasisDex, built a traditional central limit order book (CLOB) exchange entirely out of Ethereum smart contracts. Developers and users quickly discovered that order management and trade execution are not well suited for a blockchain. In particular, the placing and cancelling of orders by market makers, and the interaction of traders with the on-chain order book, were expensive and error prone due to the high costs and latency of on-chain transactions.\nIn mid-2016, a new exchange, EtherDelta, innovated on this model by bringing the order book off-chain. This design eliminated the cost of order creation and reduced the latency and gas costs of placing an order.\nRelated:Open Interest in CME Bitcoin Futures Slides as Market Sapped by Surging DeFi\nWhile it was a major improvement, users still incurred costs for canceling orders – a fee which prohibited market makers from providing liquidity at scale. Additionally, takers submitted their own trades to the network, creating on-chain “trade collisions,” with multiple takers competing for the same order. On peak days, up to 30% of trades failed due to these on-chain collisions.\nAlthough the first iterations of DEXs faded over time, they were innovative, forward-thinking, and laid the groundwork for models in use today.\nImproving upon the earliest DEX models, the next generation of DEXs, including IDEX and DDEX, explored a hybrid approach. This design moved both order books and trade execution off-chain. With off-chain execution, users match their own orders but submit them to the exchange, which executes the trade and relays the order to the network for settlement. This approach eliminates the issues of on-chain trade collisions, gas fees for canceled orders, and front-running. This model served as the dominant trading model for almost two years.\nHowever, this design is not without flaws. Without a mat **Last 60 Days of Bitcoin's Closing Prices:** [11747.02, 11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-10-04 **Financial & Commodity Data:** - Gold Closing Price: $1900.20 - Crude Oil Closing Price: $37.05 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $194,913,551,775 - Hash Rate: 151592064.050859 - Transaction Count: 268019.0 - Unique Addresses: 562147.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.42 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: NEW YORK, NY / ACCESSWIRE / September 11, 2020 / ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD). Real-Time Market Data is available at www.alt5pro.com and Real-Time Market Data feed is also available at www.alt5sigma.com ALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH About ALT 5 Sigma Inc. ALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance. ALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers. ALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services. For more information, visit www.alt5sigma.com . Contact: Andre Beauchesne Tel. 1-800-204-6203 [email protected] For more information on ALT 5 Pay, visit www.alt5pay.com For more information on ALT 5 Pro, visit www.alt5pro.com SOURCE: ALT 5 Sigma Inc. View source version on accesswire.com: https://www.accesswire.com/605814/ALT-5-Sigma-Digital-Instrument-Market-Summary-for-BTC-ETH-LTC-BCH... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10793.34, 10604.41, 10668.97, 10915.69, 11064.46, 11296.36, 11384.18, 11555.36, 11425.90, 11429.51
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 1.22% on Sunday. Reversing a 0.26% fall from Saturday, Bitcoin ended the week down by 1.08% to $10,678.0.\nIt was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,541.0 before finding support.\nSteering clear of the first major support level at $10,509, Bitcoin rose to a mid-morning high $10,676.0.\nBitcoin broke through the first major resistance level at $10,612 and the second major resistance level at $10,666.\nA pullback through the late morning saw Bitcoin fall back through to sub-$10,600 levels going into the afternoon.\nThrough the 2ndhalf of the day, Bitcoin rallied to a late intraday high $10,713.0 before easing back to end the day at $10,680 levels.\nThe rally saw Bitcoin break back through the first and second major resistance levels.\nThe near-term bullish trend remained intact, in spite of the latest pullback to sub-$11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bullish day on Sunday.\nRipple’s XRP rallied by 6.50% to lead the way.\nBinance Coin (+2.80%), Cardano’s ADA (+3.71%), and Litecoin (+2.52%) also found strong support.\nBitcoin Cash ABC (+0.73%), Bitcoin Cash SV (+1.23%), Chainlink (+1.38%), Crypto.com Coin (+0.48%), Ethereum (+1.82%), and Polkadot (+1.48%) trailed the front runners.\nFor the week, it was a mixed bag for the majors, however.\nBinance Coin rallied by 10.44% to lead the way, with Litecoin (+1.35%) and Ripple’s XRP (+1.86%) also making gains.\nIt was a bearish week for the rest of the pack, however.\nChainlink led the way down, sliding by 12.95%.\nBitcoin Cash ABC (-3.71%), Bitcoin Cash SV (-5.46%), Cardano’s ADA (-4.39%), Crypto.com Coin (-4.53%), Ethereum (-1.41%), and Polkadot (+1.98%) also joined Bitcoin in the red.\nIn the week, the crypto total market rose to a Thursday high $344.75bn before falling to a Friday low $320.03bn. At the time of writing, the total market cap stood at $334.06bn.\nBitcoin’s dominance fell to a Thursday low 58.73% before rising to a Friday high 60.02%. At the time of writing, Bitcoin’s dominance stood at 59.31%.\nAt the time of writing, Bitcoin was up by 0.27% to $10,716.0. A bullish start to the day saw Bitcoin rally from an early morning low $10,680.0 to a high $10,758.0.\nBitcoin tested the first major resistance level at $10,753 early on.\nElsewhere, it was a mixed start to the day.\nLitecoin was down by 0.30% to buck the trend early on.\nIt was a bullish day for the rest of the majors, however.\nAt the time of writing, Cardano’s ADA was up by 2.39% to lead the way.\nBitcoin would need to avoid a fall back through the pivot level at $10,647 to bring the first major resistance level at $10,753 back into play.\nSupport from the broader market would be needed, however, for Bitcoin to hold onto $10,700 levels.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,819 before any pullback.\nFailure to avoid a fall back through the $10,647 pivot would bring the first major support level at $10,581 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 support levels. The second major support level sits at $10,475.\nThisarticlewas originally posted on FX Empire\n• USD/JPY Forex Technical Analysis – Retesting Main Retracement Zone at 105.526 to 105.885\n• The Future of DeFi: Boom or Bust?\n• Price of Gold Fundamental Weekly Forecast -Trump’s Health, Stimulus Progress Sets the Tone\n• Oil Price Fundamental Weekly Forecast – Price Rebound Hinges Upon Speed of Trump’s Recovery\n• NZD/USD Forex Technical Analysis – Trader Reaction to .6655 Sets the Tone\n• GBP/USD Daily Forecast – Resistance At The 50 EMA Stays Strong', 'Bitcoin, BTC to USD, rose by 1.22% on Sunday. Reversing a 0.26% fall from Saturday, Bitcoin ended the week down by 1.08% to $10,678.0. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,541.0 before finding support. Steering clear of the first major support level at $10,509, Bitcoin rose to a mid-morning high $10,676.0. Bitcoin broke through the first major resistance level at $10,612 and the second major resistance level at $10,666. A pullback through the late morning saw Bitcoin fall back through to sub-$10,600 levels going into the afternoon. Through the 2 nd half of the day, Bitcoin rallied to a late intraday high $10,713.0 before easing back to end the day at $10,680 levels. The rally saw Bitcoin break back through the first and second major resistance levels. The near-term bullish trend remained intact, in spite of the latest pullback to sub-$11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Sunday. Ripple’s XRP rallied by 6.50% to lead the way. Binance Coin (+2.80%), Cardano’s ADA (+3.71%), and Litecoin (+2.52%) also found strong support. Bitcoin Cash ABC (+0.73%), Bitcoin Cash SV (+1.23%), Chainlink (+1.38%), Crypto.com Coin (+0.48%), Ethereum (+1.82%), and Polkadot (+1.48%) trailed the front runners. For the week, it was a mixed bag for the majors, however. Binance Coin rallied by 10.44% to lead the way, with Litecoin (+1.35%) and Ripple’s XRP (+1.86%) also making gains. It was a bearish week for the rest of the pack, however. Chainlink led the way down, sliding by 12.95%. Bitcoin Cash ABC (-3.71%), Bitcoin Cash SV (-5.46%), Cardano’s ADA (-4.39%), Crypto.com Coin (-4.53%), Ethereum (-1.41%), and Polkadot (+1.98%) also joined Bitcoin in the red. In the week, the crypto total market rose to a Thursday high $344.75bn before falling to a Friday low $320.03bn. At the time of writing, the total market cap stood at $334.06bn. Story continues Bitcoin’s dominance fell to a Thursday low 58.73% before rising to a Friday high 60.02%. At the time of writing, Bitcoin’s dominance stood at 59.31%. This Morning At the time of writing, Bitcoin was up by 0.27% to $10,716.0. A bullish start to the day saw Bitcoin rally from an early morning low $10,680.0 to a high $10,758.0. Bitcoin tested the first major resistance level at $10,753 early on. Elsewhere, it was a mixed start to the day. Litecoin was down by 0.30% to buck the trend early on. It was a bullish day for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 2.39% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $10,647 to bring the first major resistance level at $10,753 back into play. Support from the broader market would be needed, however, for Bitcoin to hold onto $10,700 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,819 before any pullback. Failure to avoid a fall back through the $10,647 pivot would bring the first major support level at $10,581 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 support levels. The second major support level sits at $10,475. This article was originally posted on FX Empire More From FXEMPIRE: USD/JPY Forex Technical Analysis – Retesting Main Retracement Zone at 105.526 to 105.885 The Future of DeFi: Boom or Bust? Price of Gold Fundamental Weekly Forecast -Trump’s Health, Stimulus Progress Sets the Tone Oil Price Fundamental Weekly Forecast – Price Rebound Hinges Upon Speed of Trump’s Recovery NZD/USD Forex Technical Analysis – Trader Reaction to .6655 Sets the Tone GBP/USD Daily Forecast – Resistance At The 50 EMA Stays Strong', 'Bitcoin Bitcoin fell by 1.08% in the week ending 4 th October. Following on from a 1.21% decline from the week prior, Bitcoin ended the week at $10,687.0. It was a mixed but bearish start to the week. Bitcoin rose to a Monday intraweek high $10,986.0 before hitting reverse. Coming up short of the first major resistance level at $11,151, Bitcoin slid to a Friday intraweek low $10,391.0. Steering clear of the first major support level at $10,303 Bitcoin revisited $10,700 levels before easing back. 5 days in the red that included a 1.49% loss on Thursday delivered the downside for the week. A 1.33% gain on Tuesday and 1.22% rise on Sunday offset some of the losses from earlier in the week, however. For the week ahead Bitcoin would need to avoid a fall back through $10,688 pivot to support a run the first major resistance level at $10,985. Support from the broader market would be needed for Bitcoin to break back through to $10,900 levels. Barring an extended crypto rally, the first major resistance level and resistance at $11,000 would likely pin Bitcoin back. In the event of a breakout, Bitcoin could test the second major resistance level at $11,283 before any pullback. Failure to avoid a fall back through the $10,688 pivot would bring the first major support level at $10,390 into play. Barring an extended sell-off, Bitcoin should steer clear of sub-$10,300 support levels. The second major support level sits at $10,093. At the time of writing, Bitcoin was up by 0.36% to $10,726.0. A bullish start to the week saw Bitcoin rise from an early Monday morning low $10,680.0 to a high $10,758.0. Bitcoin left the major support and resistance levels untested at the start of the week. Binance Coin Binance Coin rallied by 10.44% in the week ending 4 th October. Reversing a 0.30% loss from the previous week, Binance Coin ended the week at $28.99. It was a mixed start to the week. Binance Coin fell to a Monday intraweek low $25.27 before finding support. Story continues Steering clear of the first major support level at $23.15 and the 38.2% FIB of $23.5, Binance Coin rallied to a Wednesday intraweek high $29.83. Binance Coin **Last 60 Days of Bitcoin's Closing Prices:** [11779.77, 11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33, 10669.58] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-10-05 **Financial & Commodity Data:** - Gold Closing Price: $1912.50 - Crude Oil Closing Price: $39.22 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $194,913,551,775 - Hash Rate: 134303836.4311328 - Transaction Count: 294986.0 - Unique Addresses: 635097.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.42 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: There’s a degree of transparency in cryptocurrencies that doesn’t exist in traditional markets like stocks and bonds: Thanks to data that’s easily extracted from blockchains, everyone can see everyone else moving their money around. That means traders can keep an eye on exchange wallets to gauge whether investors and crypto miners are getting their bitcoin into position for a possible sale — or taking balances down from the exchanges in anticipation of holding for the longer term. The latter might be what’s happening now, CoinDesk’s Muyao Shenreported Monday. Total balances of bitcoin on major exchanges has hit its lowest levels since November 2018. It could be an indication of bullishness among bitcoin traders. Related:Binance CEO Says He Fully Expects DeFi to Cannibalize His Crypto Exchange “There’s no reason to sell now,” Mike Alfred, CEO of Digital Assets Data, told Shen in a phone interview. “Why would you be selling when you’re at the beginning of a wave of potential corporate treasuries and institutional investors coming in?” Another interpretation, according to Arcane Research, is that traders are taking their bitcoin off exchanges to deploy them in the decentralized finance sector, known as DeFi. Juicy returns can be obtained fromtokenizingcrypto assets and depositing them as collateral in semi-automated, blockchain-based trading and lending platforms. As CoinDeskreported earlierthis week, tokenized bitcoin has become one of the largest assets on DeFi. Currently, there are more than 108,000 BTC worth some $1.1 billion minted from seven issuers, according toDune Analytics. That might be another bullish sign. Related:Market Wrap: Bitcoin Hits $10.9K; Ether Options Signal Short-Term Volatility “Bitcoin maximalists would decry the use of bitcoin on Ethereum, arguing that it isn’t ‘real’ bitcoin,” David Derhy, an analyst for the cryptocurrency trading platform eToro, wrote Monday in an email. “I view this development as positive for the sector, as it highlights an evolution within the industry.” Whatever the case, it’s all there to see. Read More:Bitcoin Balances on Exchanges at 2-Year Low and That May Be a Bullish Sign Bitcoin’s upward momentum is again running out of steam near the psychological resistance of $11,000. The cryptocurrency clocked highs near $10,950 early Monday and is currently trading near $10,850. The cryptocurrency’s weekly chart MACD histogram, an indicator used to identify trend changes and trend strength, has dipped below zero for the first time since March, indicating a bearish shift in the broader trend. Similarly, the 5- and 10-week averages have produced a bearish crossover. As such, bitcoin could face chart-driven selling pressure. On the higher side, $11,000 is the level to beat for the bulls. – Omkar Godbole Bitcoin (BTC):Market cap could swell to $1-5T in next 5-10 years, from about $200B now, as largest cryptocurrency becomes settlement system for banks and businesses while taking 10% share of physical gold market,Coin Metrics says in report with ARK Invest. Bitcoin: (BTC):Largest cryptocurrency breaks record for longest streak of days above $10K,now at 63 days. Ether (ETH):On-chain data suggests Ether investorsbought September dip. Uniswap (UNI):Uniswap is now bigger than the entire decentralized finance space just two months ago, as trading protocol becomesfirst to pass $2B milestone. Uniswap (UNI), Balancer (BAL), Curve (CRV):Geminilists DeFi tokensfollowing Binance, Huobi and OKEx in succumbing to FOMO. Tether (USDT):Bitfinex, the cryptocurrency exchange affiliated with the dollar-linked USDT stablecoins, has launchedperpetual contracts tracking European equity market indexes, settled in USDT. More than $150M drained in hack on Singaporean cryptocurrency exchange KuCoin (CoinDesk) Bahamas sets Oct. 20 as date for “sand dollar” token, perhaps the world’s first retail central-bank digital currency (CoinDesk) Trading volumes for Grayscale Bitcoin Trust (GBTC) and other crypto exchange-trading products shrink as prices fall (CoinDesk) Bitcoin mining-rig-maker MicroBT expands into offshore manufacturing, reportedly to help U.S. buyers dodge tariffs on Chinese imports; inks deal with Foundry Digital, a subsidiary of Digital Currency Group, which also owns CoinDesk (CoinDesk) OKEx CEO Jay Hao says “fair launch” distributions are “fundamentally flawed” because tokens end up “in the hands of retail investors,” leading to “superlatively high fluctuations,” or else it all becomes “a playground for whales” (OKEx via LinkedIn) Coinbase CEO Armstrong says cryptocurrency exchange won’t engage in “social activism” or “debate causes or political candidates internally” because it’s a “distraction” and creates “internal division” (Brian Armstrong/Medium) Bitwise bitcoin fund doubles to $9M as investor fears grow over runaway inflation Just as Federal Reserve-fueled stocks rally fades, giant public pension systems decide maybe they’re missing out and should allocate more money into equities (WSJ) New York Fed says moral hazard from official coronavirus aid to be less than in 2008 because business losses weren’t necessarily due to poor risk management, just “bad luck” (NY Fed) Accenture, Darden Restaurants, Foot Locker among companies reinstating dividends or stock buybacks after cutting jobs (CNBC) Deutsche Bank revising remote-working policies in effort to permanently reduce office space (Bloomberg) Coronavirus fears and US presidential elections caused mixed results for Asian stocks during the weekly open (SCMP) Bank of England governor won’t say no to negative interest rates; it’s “in the tool bag” (FT) • First Mover: Bitcoin Low Exchange Balance Looks Bullish but Chart Looks Bearish as $11K Nears • First Mover: Bitcoin Low Exchange Balance Looks Bullish but Chart Looks Bearish as $11K Nears... - Reddit Posts (Sample): [['u/hardballtaz', 'Cash app', 46, '2020-10-05 01:19', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/', 'I hold all my BTC via cashapp. Is there a better recommended way of holding my bitcoin? Has anyone ever had any problems with cashapp? Any advice/suggestions are welcome as for i am very new to BTC and do not know very much!\n\nThanks for any advice you can give me.', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/', 'j58r6i', [['u/razorcatmodular', 12, '2020-10-05 01:24', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/g7qgba6/', 'Look into hardware wallets. Much more secure, go for Trezor if you want the cheapest wallet, cold card or ledger for best quality Wallet. If you don’t want to spend anything I highly advise switching to a true wallet such as BRD.', 'j58r6i'], ['u/[deleted]', 45, '2020-10-05 01:24', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/g7qgc8q/', 'Wallets are listed on bitcoin.org\n\nBitcoins on cashapp are theirs, not yours.', 'j58r6i'], ['u/SandwichOfEarl', 12, '2020-10-05 01:41', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/g7qi18q/', 'Solid advice! But beware of bitcoin.com, the owner of that site tries to push an altcoin called bitcoin cash (BCH) as bitcoin. Bitcoin.org is the better website.', 'j58r6i'], ['u/[deleted]', 13, '2020-10-05 02:14', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/g7qle3k/', "You need to be verified to withdraw BTC. You should do that. Don't use custodial wallets to send funds anywhere but to yourself.", 'j58r6i'], ['u/RDMvb6', 33, '2020-10-05 02:27', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/g7qmqzo/', 'You were told wrong. The biggest fundamental rule of bitcoin is that whoever holds the private keys controls the coin. You are trusting cash app to hold the private key for you, which means you are not the owner. Bitcoins on cash app is like an IOU that you are taking their word on. Although reliable, if something were to happen to cash app like they get hacked or the owner decides to change his name and move to a non-extradition country and take your bitcoin with him, you are SOL. Move it to a hardware wallet or accept the non-zero chance that cashapp could loose it.', 'j58r6i'], ['u/IgnorantBafoon', 17, '2020-10-05 04:00', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/g7qw9oe/', 'WHat this guy means. Is that while your bitcoins are on cashapp. You arent REALY in control of your bitcoin. Same goes for any exchange, really. \nIts not untill you withdraw (think bank) that you have controll over them. \n\n\nHacks happen. The world is unpredictaable.', 'j58r6i'], ['u/weeedtaco', 11, '2020-10-05 04:46', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/g7r0qzo/', 'I stack BTC on the cash app and send it to cold storage on my hardware wallet every few weeks.', 'j58r6i'], ['u/brianddk', 11, '2020-10-05 06:23', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/g7r96s3/', "> We reserve the right to block, refuse, or reverse any transaction, in our sole discretion. We will notify the affected parties promptly if we decide to do so, but notification is not required if the transaction is prohibited by these terms or applicable law. Neither we nor third parties to whom we assign or delegate rights or responsibilities will be liable for any claims or damages resulting from prohibited transactions. All costs for research and resolution for any misapplied, misposted or misdirected prohibited transactions will be your sole responsibility and not ours.\n\n[source](https://cash.app/legal/us/en-us/tos)\n\nIf that doesn't scare the shit out of you, I can't imagine anything said on this thread will make a difference.", 'j58r6i']]], ['u/MisterMaury', "I'm looking for fantastic facts about Bitcoin", 42, '2020-10-05 01:44', 'https://www.reddit.com/r/Bitcoin/comments/j594zf/im_looking_for_fantastic_facts_about_bitcoin/', "I'm going on a financial podcast for Boomers and they are looking for me to make the case that Boomers should allocate at least some funds to Bitcoin.\n\nSafety is a primary concern, so I'm thinking social proof is the way to go. I'm looking for examples of how big Bitcoin is (it's the X largest currency in the world) and how liquid it is (transacts X per day). Perhaps examples of large investors that have invested in Bitcoin (Paul Tudor Jones, Bill Miller, University endowments?) Companies that are in on BTC (Overstock, MicroStrategy) Countries that have adopted Bitcoin, (you can pay your taxes in Switzerland), etc. \nIf there's a way to explain the massive computing power behind Bitcoin that makes sense to a Boomer, that would be good too...\n\nJust looking for memorable facts that Boomers could take away without getting too much in the weeds. (e.g. they may not understand hashpower, etc.)", 'https://www.reddit.com/r/Bitcoin/comments/j594zf/im_looking_for_fantastic_facts_about_bitcoin/', 'j594zf', [['u/Mark_Bear', 18, '2020-10-05 01:59', 'https://www.reddit.com/r/Bitcoin/comments/j594zf/im_looking_for_fantastic_facts_about_bitcoin/g7qjv36/', 'The long term average ROI of Bitcoin has been 100 percent per year and I see no reason for that to end soon.', 'j594zf'], ['u/manic_schoolbus', 16, '2020-10-05 04:08', 'https://www.reddit.com/r/Bitcoin/comments/j594zf/im_looking_for_fantastic_facts_about_bitcoin/g7qx2ur/', "Bitcoin is currently the world's 35th largest currency, ahead of the Qatari riyal, and behind the Czech koruna (www.fiatmarketcap.com). \n\nHarvard, Stanford, MIT and Yale's endowment funds have invested in cryptocurrencies (https://yaledailynews.com/blog/2018/10/16/report-reveals-that-yale-invests-in-cryptocurrency/)\n\nThere's an estimated 10,000 bitcoin ATM's installed worldwide, depending on the source", 'j594zf']]], ['u/Hell4Ge', 'Why to buy CRO over BTC / ETH?', 14, '2020-10-05 02:32', 'https://www.reddit.com/r/Crypto_com/comments/j59us5/why_to_buy_cro_over_btc_eth/', 'I am still new to cryptoworld.\n\nI am trying to figure out how buying CRO be more beneficial for me rather than buying a classic stablecoin?\n\nI know about some of their benefit programs, but I feel like CRO is not short term buy, nor long run investment.\n\nBTC / ETH are the safe heaven cryptocurrencies and today we need such. Maybe this is wrong time for buying CRO?', 'https://www.reddit.com/r/Crypto_com/comments/j59us5/why_to_buy_cro_over_btc_eth/', 'j59us5', [['u/Y0sephF4', 17, '2020-10-05 02:48', 'https://www.reddit.com/r/Crypto_com/comments/j59us5/why_to_buy_cro_over_btc_eth/g7qoy45/', 'CRO is good if your are using crypto.com exchange or the crypto earn function, you have high percentages for your staking', 'j59us5'], ['u/roox911', 12, '2020-10-05 03:25', 'https://www.reddit.com/r/Crypto_com/comments/j59us5/why_to_buy_cro_over_btc_eth/g7qsq5k/', 'Btc/eth are not stablecoins... And stablecoins don\'t appreciate it depreciate in value... Hence "stable"\n\nSome of us have had cro from 0.02.. it peaked at almost 0.20. 10x in a year is pretty good i reckon. It lately seems tied to the hip to btc, which is fine by me... I also get 20% apy on it for staking.\n\nSeems pretty long term to me mate.', 'j59us5']]], ['u/Criminales78', 'A XMR.TO appreciation thread', 160, '2020-10-05 03:04', 'https://www.reddit.com/r/Monero/comments/j5abii/a_xmrto_appreciation_thread/', "Hi guys,\n\nMany of you already know xmr.to, they are a very important part of the Monero community as they allow us to send BTC to any address at no cost or almost for a small fee. The reason I'm doing this thread today is to thank /u/binaryfate for everything, the minimum has been lowered again from 0.001 BTC to 0.0001 BTC (Lightning from 0.0001 to 0.00005) and it's really crazy. I don't know if they're going to stay that way since it's literally $1 as I speak, but it's fantastic. This service is really vital to a lot of us and I don't think we thank the people behind this site enough.\n\nThanks again, you guys are great.\n\nEdit: It seems that the minimum amount has been returned to its original value, maybe it was a mistake, no idea.", 'https://www.reddit.com/r/Monero/comments/j5abii/a_xmrto_appreciation_thread/', 'j5abii', [['u/radiv2', 12, '2020-10-05 03:32', 'https://www.reddit.com/r/Monero/comments/j5abii/a_xmrto_appreciation_thread/g7qte0c/', "It's not like they're doing this for a thank you, there's profit in it. But they found a niche and good for them.", 'j5abii'], ['u/cakewallet', 34, '2020-10-05 05:47', 'https://www.reddit.com/r/Monero/comments/j5abii/a_xmrto_appreciation_thread/g7r6beg/', 'We love having them as a partner in cake wallet.', 'j5abii'], ['u/lol_VEVO', 32, '2020-10-05 05:58', 'https://www.reddit.com/r/Monero/comments/j5abii/a_xmrto_appreciation_thread/g7r77mx/', 'The guys at XMR.TO are badasses, although I hope that someday either they update it to be decentralized or a decentralized alternative shows up. But certainly, they are just one example why the Monero community is probably the best in the cryptocurrency space', 'j5abii'], ['u/sech1', 10, '2020-10-05 07:46', 'https://www.reddit.com/r/Monero/comments/j5abii/a_xmrto_appreciation_thread/g7revlv/', 'Their exchange rate is 2-3% below market for bigger amounts. Consider it a fee.', 'j5abii']]], ['u/oopwheresmypants', 'Okay but... why is the r/smallboobproblems sub so grossly toxic and demeaning?', 28, '2020-10-05 04:46', 'https://www.reddit.com/r/bigboobproblems/comments/j5bsdy/okay_but_why_is_the_rsmallboobproblems_sub_so/', 'Sometimes I wonder around reddit and I came across the ibtc version of our sub and I realized how gross and toxic it is. Any experiences over there? I’m genuinely upset by it on so many levels.', 'https://www.reddit.com/r/bigboobproblems/comments/j5bsdy/okay_but_why_is_the_rsmallboobproblems_sub_so/', 'j5bsdy', [['u/dehue', 41, '2020-10-05 05:10', 'https://www.reddit.com/r/bigboobproblems/comments/j5bsdy/okay_but_why_is_the_rsmallboobproblems_sub_so/g7r31xo/', 'We have had many posts about... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10604.41, 10668.97, 10915.69, 11064.46, 11296.36, 11384.18, 11555.36, 11425.90, 11429.51, 11495.35
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['LONDON, UK / ACCESSWIRE / October 5, 2020 /CFX Quantum platform offers users the ZEROONE product to help them trade easily and safely through arbitrage. To achieve this, CFX Quantum relies on quantum-inspired computing achieved through Fujitsu\'s Digital Annealer chip.\nAbout ZEROONE\nZEROONE was created out of a collaborative effort among CFX Quantum, University of Milan, Khalifa University Research Center and Smartxchange. They came up with a trading algorithm that helps to take full advantage of light-speed technology made possible through quantum-inspired computing.\nZEROONE is a system of assets arbitrage trading combined with predictive allocation with a focus on the crypto market. By combining arbitrage trading with quantum-inspired computing, it may possibly achieve risks of close to zero in a sequence of trades.\nThe system by which trades are made was developed through input from SmartXchange. That is a company with leading-edge expertise in sophisticated trading and financial mathematical combined with independent, high-tech traders.\nHow the Fujitsu Digital Annealer Helps\nFujitsu has developed a digital Annealer chip that can provide quantum-inspired computing performance. The Fujitsu approach solves intractable industry problems by building the software necessary to harness the quantum-inspired hardware technologies to solve them. Such performance would not be possible with classical computing. The Fujitsu Digital Annealer can evaluate vast numbers of potential outcomes at the same time and produce results in real-time. Today, even the fastest supercomputers would not be able to accomplish such a feat.\nThe goal of Fujitsu is to achieve high-performance that is affordable and accessible to most companies. Unfortunately, real quantum computing is still years away from becoming accessible to most businesses.\nOptimizing Arbitrage Trading\nFor those looking for a low-risk way to invest in the crypto market, arbitrage trading is a way to do it. There are several arbitrage methodologies. A pure arbitrage it is merely the act of buying an asset, in this case, crypto from one exchange, and selling it at another exchange for a higher price.\nDue to the highly fractured nature of the crypto market, it can be an excellent opportunity to make a constant profit. No matter the price of the crypto, there is always a profit to be made through this method.\nHowever, the main problem is that the technology used to power the crypto markets is continually improving. Additionally, those involved in arbitrage trading are also improving their technology. As it stands, the profits that can be made from arbitrage trading are usually small. In some cases, they are the fractions of a per cent.\nTo make a profit, you need to ensure that you are using the best technology available to boost speeds. It ensures that you can maximize your speeds and thus maximize your chances of making a profit. With arbitrage trading, the speed of execution is the most critical factor, and nothing is faster than quantum-inspired computing. Its speeds cannot be matched by classical computing because of the limitations of how they work.\nHow Users of CFX Quantum Benefit From Using ZEROONE\nThe ZEROONE platform is designed to help investors that are unwilling to risk to earn a steady income from their crypto holdings. As it stands, many people around the world do not understand anything from their crypto assets and liquidity.\nThe ZEROONE platform simply provides users with an opportunity to have their money work from them. For now, the platform will focus on crypto assets. However, as it grows, it will add support for other types of assets, including fiat currencies.\nThe Risk\nIn arbitrage trading, zero risk means that the risk has been reduced to the lowest possible risk. Besides that, there is the risk of exchanges failing to release money once a trade is closed due to hacking, system failure, or fraud. CFX Quantum platform will work with top tier crypto exchange and OTC desks to minimize the settlement risk.\nSimilar to Cold Staking\nIf you have been in the crypto world for a while, you have heard of cold staking. It is a risk-free method of storing your crypto with a trusted party and earning profits from it. The only difference is that the ZEROONE product allows you to \'Stake" your Bitcoin and receive a 1% return every month.\nA New Era of Finance\nThe ZEROONE platform, made possible through Fujitsu, Digital Annealer chip is the start of a new era. For the first time, a trading platform has been developed that achieves amazing performance without having to increase the level of risk.\nIf you want to be a part of CFX Quantum\'s upcoming IEO, and get behind Social Trading, you can learn more by visiting\nThe website:https://token.cfxquantum.com/\nToken sale landing page:https://latoken.com/ieo/CFXQ\nJoin the community:https://t.me/CFXQuantumGroup\nMedia contactCompany: CFX QUANTUM LTDContact: Virgilio DegiovanniE-Mail: [email protected]: +44 7471655293Website:https://token.cfxquantum.com/\nSOURCE:CFX QUANTUM LTD\nView source version on accesswire.com:https://www.accesswire.com/609239/CFX-Quantum-Platform-Announces-ZEROONE-Product-for-Arbitrage-Trading', 'LONDON, UK / ACCESSWIRE / October 5, 2020 / CFX Quantum platform offers users the ZEROONE product to help them trade easily and safely through arbitrage. To achieve this, CFX Quantum relies on quantum-inspired computing achieved through Fujitsu\'s Digital Annealer chip. About ZEROONE ZEROONE was created out of a collaborative effort among CFX Quantum, University of Milan, Khalifa University Research Center and Smartxchange. They came up with a trading algorithm that helps to take full advantage of light-speed technology made possible through quantum-inspired computing. ZEROONE is a system of assets arbitrage trading combined with predictive allocation with a focus on the crypto market. By combining arbitrage trading with quantum-inspired computing, it may possibly achieve risks of close to zero in a sequence of trades. The system by which trades are made was developed through input from SmartXchange. That is a company with leading-edge expertise in sophisticated trading and financial mathematical combined with independent, high-tech traders. How the Fujitsu Digital Annealer Helps Fujitsu has developed a digital Annealer chip that can provide quantum-inspired computing performance. The Fujitsu approach solves intractable industry problems by building the software necessary to harness the quantum-inspired hardware technologies to solve them. Such performance would not be possible with classical computing. The Fujitsu Digital Annealer can evaluate vast numbers of potential outcomes at the same time and produce results in real-time. Today, even the fastest supercomputers would not be able to accomplish such a feat. The goal of Fujitsu is to achieve high-performance that is affordable and accessible to most companies. Unfortunately, real quantum computing is still years away from becoming accessible to most businesses. Optimizing Arbitrage Trading For those looking for a low-risk way to invest in the crypto market, arbitrage trading is a way to do it. There are several arbitrage methodologies. A pure arbitrage it is merely the act of buying an asset, in this case, crypto from one exchange, and selling it at another exchange for a higher price. Story continues Due to the highly fractured nature of the crypto market, it can be an excellent opportunity to make a constant profit. No matter the price of the crypto, there is always a profit to be made through this method. However, the main problem is that the technology used to power the crypto markets is continually improving. Additionally, those involved in arbitrage trading are also improving their technology. As it stands, the profits that can be made from arbitrage trading are usually small. In some cases, they are the fractions of a per cent. To make a profit, you need to ensure that you are using the best technology available to boost speeds. It ensures that you can maximize your speeds and thus maximize your chances of making a profit. With arbitrage trading, the speed of execution is the most critical factor, and nothing is faster than quantum-inspired computing. Its speeds cannot be matched by classical computing because of the limitations of how they work. How Users of CFX Quantum Benefit From Using ZEROONE The ZEROONE platform is designed to help investors that are unwilling to risk to earn a steady income from their crypto holdings. As it stands, many people around the world do not understand anything from their crypto assets and liquidity. The ZEROONE platform simply provides users with an opportunity to have their money work from them. For now, the platform will focus on crypto assets. However, as it grows, it will add support for other types of assets, including fiat currencies. The Risk In arbitrage trading, zero risk means that the risk has been reduced to the lowest possible risk. Besides that, there is the risk of exchanges failing to release money once a trade is closed due to hacking, system failure, or fraud. CFX Quantum platform will work with top tier crypto exchange and OTC desks to minimize the settlement risk. Similar to Cold Staking If you have been in the crypto world for a while, you have heard of cold staking. It is a risk-free method of storing your crypto with a trusted party and earning profits from it. The only difference is that the ZEROONE product allows you to \'Stake" your Bitcoin and receive a 1% return every month. A New Era of Finance The ZEROONE platform, made possible through Fujitsu, Digital Annealer chip is the start of a new era. For the first time, a trading platform has been developed that achieves amazing performance without having to increase the level of risk. If you want to be a part of CFX Quantum\'s upcoming IEO, and get behind Social Trading, you can learn more by visiting **Last 60 Days of Bitcoin's Closing Prices:** [11601.47, 11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33, 10669.58, 10793.34] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-10-06 **Financial & Commodity Data:** - Gold Closing Price: $1901.10 - Crude Oil Closing Price: $40.67 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $199,351,992,288 - Hash Rate: 124710705.25748046 - Transaction Count: 317922.0 - Unique Addresses: 692891.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.47 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The number of pending transactions on Ethereum per minute jumped 30% after the claim for Uniswap’s UNI token began. The decentralized trading platform announced around 00:30 UTC time Thursday it launched its governance token, dubbed UNI, with 1 billion coins that will be released over the next four years. While the liquidity mining for the governance token will not start until Friday, Uniswap said historical users and liquidity providers on the platform are now able to claim for 400 UNI per each address. Related: Ethereum Gas Fees Drive Gnosis-Powered Prediction Market to xDai's Layer 2 “15% of UNI [150,000,000 UNI] can immediately be claimed by historical liquidity providers, users, and SOCKS redeemers/holders based on a snapshot ending Sept. 1, 2020, at 12:00 am UTC,” Uniswap said in a blog post. Following the announcement, the number of pending transactions on the Ethereum network per minute has jumped from around 160,000 to over 210,000 as of writing, according to data on blockchain explorer Etherscan . Within three hours after the claim started, over 18,000 transactions were sent to the smart contract address of the UNI governance token, with more than 5,000 of them pending at the time. The total number of transactions has now reached over 26,000 while the pending ones have dropped to around 3,700 as of writing. The increasing number of transactions sent to the UNI smart contract appears to have led to a surge of the gas fee on the Ethereum network, which Uniswap’s protocol is built on. Related: First Mover: Federal Reserve Does What It Wants to Do as Bitcoin Hits $11K The current average gas fee on Ethereum has reached 650 Gwei, compared to the average 152 Gwei on Wednesday UTC time, based on Etherscan’s data. In fact, the UNI token’s smart contract address is now ranking third in terms of the overall transaction fees in the past three hours, with a total of 534 ETH worth over $200,000 as of writing, according to Etherscan. Story continues Even the site traffic on the blockchain explorer has reached a peak. “The last time Etherscan site traffic peak to the current level was during the 2017-2018 ICO mania. Kudos to Uniswap for the successful launch of the UNI token,” said Etherscan’s founder and CEO Matthew Tan in a tweet . Within hours of Uniswap’s announcement, major centralized exchanges including Binance, Huobi and OKEx listed trading pairs for the governance token, which is now changing hands at around $2.90. Related Stories Ethereum’s Pending Transactions Jump 30% After Uniswap’s Token Claim Begins Ethereum’s Pending Transactions Jump 30% After Uniswap’s Token Claim Begins... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10668.97, 10915.69, 11064.46, 11296.36, 11384.18, 11555.36, 11425.90, 11429.51, 11495.35, 11322.12
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Cryptocurrency exchange\xa0KuCoin is bringing more services back online after suffering a major hack late last month. In a service update early on Wednesday, the Seychelles-based platform said it is once more allowing deposits and withdrawals for bitcoin (BTC), ether (ETH) and the tether (USDT) stablecoin after upgrading wallet security for those cryptocurrencies. KuCoin noted that wallet addresses for these coins had been refreshed and, while the older addresses would still work, it recommended users update. The USDT version for the Ethereum blockchain is now open for deposits and withdrawals, while those for Tron, EOS are deposit only. Tether on Omni cannot yet be deposited or withdrawn. Full services have been resumed for 65 other cryptocurrency projects, it added. After the breach, which saw $281 million in various crypto assets such as XRP and Ethereum-based coins stolen, KuCoin had moved to freeze all wallets and disable services. On Oct. 3, the company’s CEO, Johnny Lyu, claimed the suspected hackers had been traced and that it had informed law enforcement agencies. Lyu further claimed that another $64 million of stolen cryptos had been recovered, bringing the total value of recovered assets to $204 million at the time. In its latest update on the incident, also posted Wednesday, the exchange said other entities are continuing to help retrieve funds, with Tether having frozen “about $22 million” in stolen USDT. Other projects like Ocean Protocol have returned recovered coins to KuCoin wallets, though the amount involved wasn’t disclosed. KuCoin also provided a list of suspicious addresses related to the hack and recommended they be added to blacklists. Blockchain analytics firm Elliptic said Sept. 29 the hackers had already exchanged millions of stolen tokens for $7.5 million in ETH on the decentralized exchanges Kyber Network and Uniswap. Also read: Israeli Government Reportedly Investigating Unsuccessful Hack Targeting Crypto CEOs Story continues Edit (13:35 UTC, Oct. 7 2020): Corrected jurisdiction in which KuCoin is based. Corrected details of different availability for versions of tether (14:30 UTC) Related Stories KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack', 'Cryptocurrency exchange\xa0KuCoin is bringing more services back online after suffering a major hack late last month. In a service update early on Wednesday, the Seychelles-based platform said it is once more allowing deposits and withdrawals for bitcoin (BTC), ether (ETH) and the tether (USDT) stablecoin after upgrading wallet security for those cryptocurrencies. KuCoin noted that wallet addresses for these coins had been refreshed and, while the older addresses would still work, it recommended users update. The USDT version for the Ethereum blockchain is now open for deposits and withdrawals, while those for Tron, EOS are deposit only. Tether on Omni cannot yet be deposited or withdrawn. Full services have been resumed for 65 other cryptocurrency projects, it added. After the breach, which saw $281 million in various crypto assets such as XRP and Ethereum-based coins stolen, KuCoin had moved to freeze all wallets and disable services. On Oct. 3, the company’s CEO, Johnny Lyu, claimed the suspected hackers had been traced and that it had informed law enforcement agencies. Lyu further claimed that another $64 million of stolen cryptos had been recovered, bringing the total value of recovered assets to $204 million at the time. In its latest update on the incident, also posted Wednesday, the exchange said other entities are continuing to help retrieve funds, with Tether having frozen “about $22 million” in stolen USDT. Other projects like Ocean Protocol have returned recovered coins to KuCoin wallets, though the amount involved wasn’t disclosed. KuCoin also provided a list of suspicious addresses related to the hack and recommended they be added to blacklists. Blockchain analytics firm Elliptic said Sept. 29 the hackers had already exchanged millions of stolen tokens for $7.5 million in ETH on the decentralized exchanges Kyber Network and Uniswap. Also read: Israeli Government Reportedly Investigating Unsuccessful Hack Targeting Crypto CEOs Story continues Edit (13:35 UTC, Oct. 7 2020): Corrected jurisdiction in which KuCoin is based. Corrected details of different availability for versions of tether (14:30 UTC) Related Stories KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack', 'Cryptocurrency exchange\xa0KuCoin is bringing more services back online after suffering a major hack late last month. In a service update early on Wednesday, the Seychelles-based platform said it is once more allowing deposits and withdrawals for bitcoin (BTC), ether (ETH) and the tether (USDT) stablecoin after upgrading wallet security for those cryptocurrencies. KuCoin noted that wallet addresses for these coins had been refreshed and, while the older addresses would still work, it recommended users update. The USDT version for the Ethereum blockchain is now open for deposits and withdrawals, while those for Tron, EOS are deposit only. Tether on Omni cannot yet be deposited or withdrawn. Full services have been resumed for 65 other cryptocurrency projects, it added. After the breach, which saw $281 million in various crypto assets such as XRP and Ethereum-based coins stolen, KuCoin had moved to freeze all wallets and disable services. On Oct. 3, the company’s CEO, Johnny Lyu, claimed the suspected hackers had been traced and that it had informed law enforcement agencies. Lyu further claimed that another $64 million of stolen cryptos had been recovered, bringing the total value of recovered assets to $204 million at the time. In its latest update on the incident, also posted Wednesday, the exchange said other entities are continuing to help retrieve funds, with Tether having frozen “about $22 million” in stolen USDT. Other projects like Ocean Protocol have returned recovered coins to KuCoin wallets, though the amount involved wasn’t disclosed. KuCoin also provided a list of suspicious addresses related to the hack and recommended they be added to blacklists. Blockchain analytics firm Elliptic said Sept. 29 the hackers had already exchanged millions of stolen tokens for $7.5 million in ETH on the decentralized exchanges Kyber Network and Uniswap. Also read: Israeli Government Reportedly Investigating Unsuccessful Hack Targeting Crypto CEOs Story continues Edit (13:35 UTC, Oct. 7 2020): Corrected jurisdiction in which KuCoin is based. Corrected details of different availability for versions of tether (14:30 UTC) Related Stories KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack', "Chinese tech companies were once seen as copycats of their Western peers: Alibaba was a knockoff of eBay and Baidu imitated Google. More recently, Chinese firms like TikTok and Huawei have established such dominant international positions that U.S. authorities have tried to hold them back.\nNow, the technological arms race is playing out in the cryptocurrency industry, where one Chinese company is taking on Ethereum, the world’s second-largest blockchain, which U.S.-based developers have used to build semi-automated trading and lending networks under the rubric of decentralized finance, or DeFi.\nNeo took aim at DeFi in late September with its launch of a new platform called Flamingo. Da Hongfei, a Neo co-founder, told CoinDesk in an interview the protocol will eventually provide users withfeaturesfound on popular Ethereum-based projects like Uniswap, Curve Finance, yearn.finance and Synthetix.\nRelated:BlueWallet Adds Privacy Feature 'PayJoin' for Bitcoin Transactions\nFlamingo is not simply a product of “copy and paste,” the co-founder said in an interview. “It’s like rebuilding a parallel universe.”\n– Muyao Shen\nRead More:Amid US-China Tech War, Can Neo’s DeFi Stack Rival Ethereum’s?\nBitcoindefended the psychological support of $10,500 early Wednesday as Asian stocks shrugged off overnight weakness on Wall Street, reducing\xa0haven demand for the U.S. dollar.\nRelated:Market Wrap: Bitcoin Regains $10.6K; High-Balance Ether Addresses Decline\nEuropean stocks, too, are trading higher at press time alongside gains in the S&P 500 futures.\nRisk sentiment, which weakened Tuesday following U.S. President Donald Trump’s decision to abort the fiscal stimulus negotiations, was restored earlier today after he reversed course and urged Congress to approve a series of coronavirus relief measures, including a new round of $1,200 stimulus checks.\nThat said, a large-scale stimulus is unlikely to come through any time soon. As such, both bitcoin and stocks may have a tough time scoring significant gains.\nIndeed, minutes of the latest Federal Reserve meeting, due at 18:00 GMT, are expected to reiterate tolerance for high inflation. That dovish message, however, has already been priced in by markets.\nFor now, the cryptocurrency remains trapped in a narrowing price range. Contracting triangles usually end with violent moves on either side.\nGrowth in the new bitcoin addresses has recently picked up. According to blockchain\xa0analyst Cole Garner, that has bullish implications for price. However, according to\xa0Alex Melikh **Last 60 Days of Bitcoin's Closing Prices:** [11754.05, 11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33, 10669.58, 10793.34, 10604.41] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-10-07 **Financial & Commodity Data:** - Gold Closing Price: $1883.60 - Crude Oil Closing Price: $39.95 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $199,351,992,288 - Hash Rate: 144856280.7221504 - Transaction Count: 370554.0 - Unique Addresses: 762636.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.43 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Chinese bitcoin miner manufacturer MicroBT is looking to grab a bigger slice of the U.S. market by setting up its first overseas production center. The company said on Friday that it has partnered with New York-based Foundry Digital LLC and a Southeast Asian company in order to improve supply chain efficiencies for North American buyers of its flagship bitcoin mining equipment. The Southeast Asian listed company – which MicroBT declined to name – is contracted to produce and deliver MicroBT’s WhatsMiner equipment to U.S. investors, who would otherwise pay an additional 25% tax if they receive shipments directly from China due to U.S. tariffs. Related:Iran Is Ripe for Bitcoin Adoption, Even as Government Clamps Down on Mining The strategy is similar to that adopted by Beijing-based Bitmain, which contracts a production factory in Malaysia responsible for overseas manufacturing and shipments. As part of the deal, Foundry, a subsidiary of Digital Currency Group (DCG) that provides miner financing and procurement for institutions in North America, will be the first to receive new batches of MicroBT’s WhatsMiner M30S equipment produced in the Southeast Asian facility. DCG, which wholly owns CoinDesk, previouslysaidit plans to invest more than $100 million into its Foundry business through 2021 to provide loans to bitcoin mining clients as well as buying equipment for them in bulk. “With our collaboration and MicroBT’s upgraded production capabilities, we look forward to continuing to facilitate the timely procurement and delivery of the latest generation bitcoin mining hardware for our clients, who are institutional cryptocurrency miners in North America,” said Mike Colyer, CEO of Foundry. Related:Marty Bent on Why Bitcoin and Big Energy Are Unlikely Allies The move also underscores MicroBT’s effort to keep challenging Beijing-based Bitmain’s dominance in the bitcoin miner market, both domestically and overseas. MicroBT managed to boost its market share by selling some 600,000 WhatsMiner units worth more than $500 million in 2019. This coincided with Bitmain’s ongoing internal turmoil, which has caused notable production and shipment delays. “The Foundry team’s in-depth understanding of the mining business and regional expertise have already helped us in making the initial tests of this new supply chain a success,” said MicroBT’s COO Jiangbing Chen. “We will continue working closely with Foundry to provide the highest quality of machines and after-sale services to our customers in North America.” Also read:Jihan Wu Regains Upper Hand in Bitmain Co-Founder Fight • MicroBT Sets Up First Offshore Bitcoin Miner Factory to Expand US Market Share • MicroBT Sets Up First Offshore Bitcoin Miner Factory to Expand US Market Share... - Reddit Posts (Sample): [['u/DuncnIdahosBandurria', 'DITO rockets up 20%, drops 30%, then finishes flat... the Aristocrats! (Wednesday, Oct 7)', 36, '2020-10-07 02:00', 'https://www.reddit.com/r/phinvest/comments/j6gkc3/dito_rockets_up_20_drops_30_then_finishes_flat/', '#Happy Wednesday, Barkada --\r\n\r\n#The PSE closed down 28 points to 5911 ▼0.5%.\r\n\r\nGood news! I have a couple of people who are potentially interested in sponsoring MB, so I\'m excited to explore those opportunities. My goal has always been to simply be revenue neutral, and to keep MB free for everyone to enjoy. (*inb4 "RAID Shadow Legends" ad*)\r\n\r\nShout-out to **Christine** for her suggestion to try and improve the bottom-line of MB by moving from Mailchimp to SendFox. It\'s something I\'m going to look into, but I\'m very careful about making changes. I\'ll have to investigate. Thanks also to **/u/Jack_ol_lantern** for suggesting ways to leverage my domain to try a "roll your own" alternative, and to **/u/nikohd** for suggesting I offer a bitcoin donation address. \r\n\r\nI\'ve got lots to study this weekend! No complaints here, though. Exciting times in MB town.\r\n\r\n#[Daily meme](https://i.imgur.com/nMh1Hgm.jpg) | [Join MB](https://mailchimp.us12.list-manage.com/subscribe?u=925d69480ecfc297864a79dc6&id=17742706f1&utm_source=mb) | [Today\'s email](https://mailchi.mp/6e34f588135c/dito-rockets-up-20-drops-30-then-finishes-flat-the-aristocrats)\r\n\r\n#COVID Update\r\n WW: 35721388\r\n PH: 324740\r\n\r\n#Top 3 MB indices:\r\n Logistics ▲2.23%\r\n POGO Gaming ▲0.46%\r\n 2019 IPOs ▲0.35%\r\n\r\n#Bottom 3 MB indices:\r\n Media ▼6.52%\r\n 2020 IPOs ▼2.51%\r\n Fast Food ▼2.03%\r\n\r\n#Main stories covered:\r\n\r\n>- **[UPDATE] ABS-CBN [ABS 9.00 ▼14.93%] confirms distribution deal with Zoe TV’s rebranded “A2Z Channel”...** this is just confirmation of the fire that caused the ceiling-play smoke a couple of days ago that saw the ABS stock price rise 50% intraday. According to this press release, ABS-CBN and Zoe Broadcasting Network Inc have made a deal to show “some entertainment shows and movies of ABS-CBN” on A2Z Channel 11, a newly re-branded Zoe Broadcasting Network channel that will broadcast on analog TV in Metro Manila and surrounding provinces. ABS content will start appearing on this new A2Z channel starting October 10.\r\n> - ***MB:*** *No details yet on what content, exactly, will be shown, but the wording of the press release is interesting. It mentions “entertainment and movies” specifically, but leaves out politically-adjacent topics like news or analysis/interview shows. The Inquirer is reporting a rumor that “It’s Showtime” and “ASAP Natin ‘To” will be part of the content to make its way to A2Z Channel 11, but that has not been confirmed. Investors will want to watch this closely to see how well ABS is able to monetize this agreement with advertising, and to see how the government reacts as more ABS content moves into this pipeline.*\r\n\r\n>- **[UPDATE] Wild DITO CME [DITO 6.81 unch], NOW Communications [NOW 4.98 ▲13.44%], and Chelsea Logistics [C 5.90 ▼4.07%] price action in yesterday’s session...** the NOW and DITO pump has been massive and constant. But this last week was especially spicy, with yesterday’s session just an absolute gong-show that caused brokerage meltdowns. DITO opened the day at P7/share, up 3% on the previous day’s close, and steadily gained to a high-water mark of P8.02/share (+18%) at around 11:45am. At 11:45am, DITO had a marketcap of P22.5bn. In the next 27 minutes, DITO would lose P7.4bn in marketcap as the price imploded to P5.38/share, swinging from an 18% gain on the day to a 21% loss. Then, over the next 30 minutes, completely erasing that loss and ending the day right where it started, at P6.81/share. 2.09 billion shares changed hands on the PSE yesterday; DITO accounted for 16% of the day’s total volume (355 million shares). The three companies combined accounted for over 28% of all shares traded.\r\n> - ***MB:*** *MB: The amount of market uncertainty here is incredible. Traders love it, investors hate it. DITO doesn’t even own DITO Telecommunity, or anything else of material value for that matter, NOW just diluted shareholders with a bearish low-price sweetheart deal, and Chelsea is a company of tugboats and passenger ferries that happens to own a sliver of Dennis Uy’s enigmatic telecom. NOW has a long history of playing the “press release pump and dump” game, and I can only imagine that it’s happy just to be along for the ride, fluffing feathers before a potential IPO by way of introduction. Everyone in the Philippines can sense that connectivity is a bull market, whether that be mobile data (C, GLO, TEL.... then NOW) or broadband (GLO, TEL, CNVRG)...so money just keeps pouring into telco-related stocks. And it makes sense, too, given how few options there are right now on the PSE for anything that looks both pandemic-resilient and secularly profitable. But some of these things are not like the others. Some of these things will crush it, and some will not. Be careful trading telcos that you remember whether you’re being a trader (short term) or an investor (long term). Don’t start out as a trader, forget to place stops, then wind up as an investor with an investment that’s underwater. BE CAREFUL. EDIT: Also, COL Financial, get your act together. You blew AREIT and MM, and you blew yesterday\'s Telecommotion. At this point, traders/investors should not make plans in reliance on COL Financial\'s execution of a buy or sell trade.*\r\n\r\n**MB** is posted to /r/PHinvest every **Monday** and **Wednesday**, but my newsletter goes out daily. To stay in the loop for daily email delivery, please join the barkada by signing up for the [newsletter](https://mailchimp.us12.list-manage.com/subscribe?u=925d69480ecfc297864a79dc6&id=17742706f1&utm_source=mb), or follow me on [Twitter](https://twitter.com/MerkadoBarkada).\r\n#Join our Barkada [here](https://mailchimp.us12.list-manage.com/subscribe?u=925d69480ecfc297864a79dc6&id=17742706f1&utm_source=mb)\r\n#Read today\'s full email [here](https://mailchi.mp/6e34f588135c/dito-rockets-up-20-drops-30-then-finishes-flat-the-aristocrats)', 'https://www.reddit.com/r/phinvest/comments/j6gkc3/dito_rockets_up_20_drops_30_then_finishes_flat/', 'j6gkc3', [['u/SteveGreysonMann', 18, '2020-10-07 03:38', 'https://www.reddit.com/r/phinvest/comments/j6gkc3/dito_rockets_up_20_drops_30_then_finishes_flat/g7yl24i/', 'Because it\'s actual fake news dude. DITO is a holdings company. C owns 25% Dito Telecom. This has been repeated over and over but this user doesn\'t get it. And yet people are comparing a holdings stock to TEL and GLO prices already and saying "holy shit 6 pesos for a Telco stock!"\n\nAnd what\'s the point of looking back to those who bought at 1.00-1.50?. It\'s a lucky gamble. That\'s not investing. I swing trade too but I don\'t go around Reddit hyping stocks I have positions in.', 'j6gkc3'], ['u/that_omashu_merchant', 11, '2020-10-07 04:27', 'https://www.reddit.com/r/phinvest/comments/j6gkc3/dito_rockets_up_20_drops_30_then_finishes_flat/g7yq71f/', 'Do we have some consumer protection law in PH that can be used against our brokers? Voting with our money by transferring to another broker should not be the only action ... these brokers should get punished for providing poor service. They should be fined, and heck, get their license revoked if they continue not reaching a certain level of SLA.', 'j6gkc3'], ['u/tagongpangalan', 12, '2020-10-07 04:56', 'https://www.reddit.com/r/phinvest/comments/j6gkc3/dito_rockets_up_20_drops_30_then_finishes_flat/g7yt4mh/', "I thought you got what I was saying in yesterday's thread. Maybe you would want to go through the threads I shared. $DITO isn't DITO Telecommunications. Putting money into $DITO thinking its DITO Telecommunications is just wrong, even worse is advising people to invest into $DITO because of this. \n\n* [https://www.reddit.com/r/phinvest/comments/j5id1p/im\\_confused/](https://www.reddit.com/r/phinvest/comments/j5id1p/im_confused/)\n* [https://www.reddit.com/r/phinvest/comments/hzwjo7/dito\\_people\\_can\\_you\\_justify\\_your\\_hype\\_for\\_the/fzltbo9?utm\\_source=share&utm\\_medium=web2x&context=3](https://www.reddit.com/r/phinvest/comments/hzwjo7/dito_people_can_you_justify_your_hype_for_the/fzltbo9?utm_source=share&utm_medium=web2x&context=3)\n* [https://www.reddit.com/r/phinvest/comments/hrdigl/dito\\_cmes\\_q1\\_profit\\_up\\_978\\_yy\\_on\\_lending\\_to/](https://www.reddit.com/r/phinvest/comments/hrdigl/dito_cmes_q1_profit_up_978_yy_on_lending_to/)", 'j6gkc3']]], ['u/Brendan3005', 'TCAP Testnet Signup!', 45, '2020-10-07 03:52', 'https://www.reddit.com/r/TotalCryptoMarketCap/comments/j6iaal/tcap_testnet_signup/', "Hi Everyone!\n\nWe are really excited to have you try out the TCAP testnet! Helping us make sure this all works well before we launch to the world on mainnet is so, so important to us. We do not ship in prod :)\n\n**What is a testnet?** The testnet is a simulation to make sure that minting, burning, trading, and pooling TCAP works before mainnet launch. No real crypto is involved, you will be using test ETH, test WETH, test WBTC and test DAI.\n\n**Is it hard?** No! You do not need to be a developer to try the TCAP testnet. The process is no harder than minting, burning, or trading any existing coin or token. We will include a tutorial for completing the entire process when we launch testnet.\n\n**Will I be rewarded?** Yes! We are offering a collectible POAP ([poap.xyz](https://poap.xyz/)) to those who are able to help us. The POAP will be designed by an up and coming crypto artist and can only be received for testing the TCAP testnet. It's compatible with any ERC-20 wallet.\xa0\n\n**What do we ask of you?** Once you sign up for testnet (by commenting 'count me in'), we will send you a testnet link at the end of ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
10915.69, 11064.46, 11296.36, 11384.18, 11555.36, 11425.90, 11429.51, 11495.35, 11322.12, 11358.10
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['MTI Members Portal: The Gateway to Expanding Your Bitcoin Knowledge Mirror Trading International (Pty) Limited is a South African registered company offering Forex trading services by using an automated system to trade with the trading pool on behalf of its members. Mirror Trading International (Pty) Limited is a South African registered company offering Forex trading services by using an automated system to trade with the trading pool on behalf of its members. Johannesburg, South Africa, Oct. 07, 2020 (GLOBE NEWSWIRE) -- The global adoption of blockchain technology seems to be inevitable. The cryptocurrency revolution that started with Bitcoin in 2009 has forever changed the way in which people around the world see the financial system. From the global domination of centralized banking to a future in which decentralized solutions enable every individual to regain sovereignty over their finances \x97 the groundbreaking potential of blockchain technology can no longer be underestimated. Mirror Trading International is a company that, since its inception, has always been focused on furthering the adoption of blockchain technology. As the cryptocurrency ecosystem grows more and more complicated, with many new projects mindlessly obfuscating their ideas with esoteric technical jargon, MTI has decided to go back to the basics by creating the MTI Members Portal. It is a place where every one of the 160,000+ members is empowered with free access to educational materials that expand their understanding of blockchain technology. The MTI Members Portal has proven to be a massive success so far, and it keeps expanding by constantly adding more features. So far, the major components of the MTI Members Portal include: MTI Tutorials - educational materials helping even people with no technical background gain an in-depth understanding of all the functions of Mirror Trading International. The tutorials come in graphic, video and presentation form, and new content for people at every level of experience is added regularly. Bitcoin Training - all information for blockchain beginners in one place. Basics of Bitcoin explained in an easy-to-understand way through a variety of documents, videos and infographics. Business Building & Personal Development - since its inception, the MTI Members Portal has evolved and expanded in accordance with the community\x92s wishes. Currently, aside from strictly Bitcoin-related content, the portal also includes sections dedicated to business building and personal development, in which the users can enjoy many exclusive materials about subjects such as social media marketing, self-organizing, and starting a business. Zoom Calls - the members of Mirror Trading International have free access to two Zoom calls a week at minimum, through which an insightful report is given stating the recent developments of the company in real time, and answering any questions members may have. Story continues The features listed above are just some of the functionalities of the MTI Members Portal. The full extent of the portal consists of dozens of videos, presentations, and documents with endless amounts of information. But the most exciting part about the exclusive, priceless information contained in the MTI Members Portal is that access to the portal remains completely free for all members of Mirror Trading International. Media Details \x96 company name: Mirror trading international Website: https://mirrortradinginternational.com Email: [email protected] Attachment MTI Members Portal: The Gateway to Expanding Your Bitcoin Knowledge View comments', 'Johannesburg, South Africa, Oct. 07, 2020 (GLOBE NEWSWIRE) -- The global adoption of blockchain technology seems to be inevitable. The cryptocurrency revolution that started with Bitcoin in 2009 has forever changed the way in which people around the world see the financial system. From the global domination of centralized banking to a future in which decentralized solutions enable every individual to regain sovereignty over their finances — the groundbreaking potential of blockchain technology can no longer be underestimated.\nMirror Trading International is a company that, since its inception, has always been focused on furthering the adoption of blockchain technology. As the cryptocurrency ecosystem grows more and more complicated, with many new projects mindlessly obfuscating their ideas with esoteric technical jargon, MTI has decided to go back to the basics by creating the MTI Members Portal. It is a place where every one of the 160,000+ members is empowered with free access to educational materials that expand their understanding of blockchain technology.\nThe MTI Members Portal has proven to be a massive success so far, and it keeps expanding by constantly adding more features. So far, the major components of the MTI Members Portal include:\nMTI Tutorials- educational materials helping even people with no technical background gain an in-depth understanding of all the functions of Mirror Trading International. The tutorials come in graphic, video and presentation form, and new content for people at every level of experience is added regularly.\nBitcoin Training- all information for blockchain beginners in one place. Basics of Bitcoin explained in an easy-to-understand way through a variety of documents, videos and infographics.\nBusiness Building & Personal Development- since its inception, the MTI Members Portal has evolved and expanded in accordance with the community’s wishes. Currently, aside from strictly Bitcoin-related content, the portal also includes sections dedicated to business building and personal development, in which the users can enjoy many exclusive materials about subjects such as social media marketing, self-organizing, and starting a business.\nZoom Calls- the members of Mirror Trading International have free access to two Zoom calls a week at minimum, through which an insightful report is given stating the recent developments of the company in real time, and answering any questions members may have.\nThe features listed above are just some of the functionalities of the MTI Members Portal. The full extent of the portal consists of dozens of videos, presentations, and documents with endless amounts of information. But the most exciting part about the exclusive, priceless information contained in the MTI Members Portal is that access to the portal remains completely free for all members of Mirror Trading International.\nMedia Details –\ncompany name:Mirror trading international\nWebsite:\nhttps://mirrortradinginternational.com\nEmail:[email protected]\nAttachment\n• MTI Members Portal: The Gateway to Expanding Your Bitcoin Knowledge', 'Johannesburg, South Africa, Oct. 07, 2020 (GLOBE NEWSWIRE) -- The global adoption of blockchain technology seems to be inevitable. The cryptocurrency revolution that started with Bitcoin in 2009 has forever changed the way in which people around the world see the financial system. From the global domination of centralized banking to a future in which decentralized solutions enable every individual to regain sovereignty over their finances — the groundbreaking potential of blockchain technology can no longer be underestimated.\nMirror Trading International is a company that, since its inception, has always been focused on furthering the adoption of blockchain technology. As the cryptocurrency ecosystem grows more and more complicated, with many new projects mindlessly obfuscating their ideas with esoteric technical jargon, MTI has decided to go back to the basics by creating the MTI Members Portal. It is a place where every one of the 160,000+ members is empowered with free access to educational materials that expand their understanding of blockchain technology.\nThe MTI Members Portal has proven to be a massive success so far, and it keeps expanding by constantly adding more features. So far, the major components of the MTI Members Portal include:\nMTI Tutorials- educational materials helping even people with no technical background gain an in-depth understanding of all the functions of Mirror Trading International. The tutorials come in graphic, video and presentation form, and new content for people at every level of experience is added regularly.\nBitcoin Training- all information for blockchain beginners in one place. Basics of Bitcoin explained in an easy-to-understand way through a variety of documents, videos and infographics.\nBusiness Building & Personal Development- since its inception, the MTI Members Portal has evolved and expanded in accordance with the community’s wishes. Currently, aside from strictly Bitcoin-related content, the portal also includes sections dedicated to business building and personal development, in which the users can enjoy many exclusive materials about subjects such as social media marketing, self-organizing, and starting a business.\nZoom Calls- the members of Mirror Trading International have free access to two Zoom calls a week at minimum, through which an insightful report is given stating the recent developments of the company in real time, and answering any questions members may have.\nThe features listed above are just some of the functionalities of the MTI Members Portal. The full extent of the portal consists of dozens of videos, presentations, and documents with endless amounts of information. But the most exciting part about the exclusive, priceless information contained in the MTI Members Portal is that access to the portal remains completely free for all members of Mirror Trading International.\nMedia Details –\ncompany name:Mirror trading international\nWebsite:\nhttps://mirrortradinginternational.com\nEmail:[email protected]\nAttachment\n• MTI Members Portal: The Gateway to Expanding Your Bitcoin Knowledge', "The founders of BitMEX are stepping down from their executive roles at the parent firm of **Last 60 Days of Bitcoin's Closing Prices:** [11675.74, 11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33, 10669.58, 10793.34, 10604.41, 10668.97] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-10-08 **Financial & Commodity Data:** - Gold Closing Price: $1888.60 - Crude Oil Closing Price: $41.19 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $196,359,211,422 - Hash Rate: 155408725.01316798 - Transaction Count: 330227.0 - Unique Addresses: 698982.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.46 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The Australian Dollar is trading flat on Monday probably due to the U.S. Labor Day bank holiday. Traders showed little reaction to a pair of domestic reports and a balance of trade report from China. Stocks were lower in Asia, but closed in the U.S. so it was difficult for traders to gauge whether this was a risk-off or risk-on session. At 09:34 GMT, theAUD/USDwas trading .7282, down 0.0003 or -0.04%. Domestically, the AIG Services Index came in at 42.5, below the previously reported 44.0. The ANZ Job Advertisements report was 1.6%. However, the previous report was revised higher to 19.1%. In other news that could have an impact on Australia’s economy,China’s dollar-denominated exports rose 9.5%for the month of August whileimports fell 2.1%in the same period, data from the country’s General Administration of Customs showed on Monday. Economists polled by Reuters had expected exports to have climbed 7.1% in August from a year ago compared with a 7.2% rise in July, while imports were expected to climb 0.1% in August from a year ago, reversing a 1.4% decline in July. The main trend is up according to the daily swing chart, however, momentum has been trending lower since the formation of the closing price reversal top on September 1. A trade through .7414 will negate the closing price reversal top and signal a resumption of the uptrend. The main trend will change to down on a trade through the nearest main bottom at .7136. The short-term range is .7136 to .7414. Its retracement zone at .7275 to .7242 is potential support and also a potential trigger point for an acceleration to the downside. This area was straddled on Friday and is providing support today. The new minor range is .7414 to .7222. Its retracement zone at .7318 to .7341 is the next potential upside target. The main support is the retracement zone at .7123 to .7055. Traders should pay attention to a rally back to .7318 to .7341. This is because aggressive counter-trend sellers are likely to come in on a test of this area in an effort to form a potentially bearish secondary lower top. On the downside, the key level is the short-term Fibonacci level at .7242. Although the AUD/USD broke through this level on Friday, the selling wasn’t strong enough to sustain the break. Nonetheless, traders should continue to watch this level. If sellers take out .7242 with conviction, we could see an acceleration to the downside since the next major support doesn’t come in until .7136 to .7109. For a look at all of today’s economic events, check out oureconomic calendar. Thisarticlewas originally posted on FX Empire • COMEX’s Gold and Silver Futures Market Trade Data Not Adding Up • Weekly Recap: Bitcoin and Ethereum Incur Significant Losses • Goldman Sachs Joins Alibaba-backed Ant’s IPO of Up to $30 Billion Syndicate; Target Price $250 • Expectations Running High Ahead Of Peloton Earnings • U.S. Dollar Index (DX) Futures Technical Analysis – Strengthens Over 92.855, Weakens Under 92.605 • Asian Shares Mostly Lower; Hong Kong Shares of China’s SMIC Drop; SoftBank Loses Big on Bad Tech Trades... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11064.46, 11296.36, 11384.18, 11555.36, 11425.90, 11429.51, 11495.35, 11322.12, 11358.10, 11483.36
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Let’s say you’re a 17-year-old high school senior. You finished near the top of your class, you nailed your SATs and now you’re trying to figure out where to go to college. Option A is an elite university that will likely (but not certainly) reward you with a decent job, but it will also guarantee a crushing $200,000 in debt, and who knows what the economy will look like in four years, or even if we have an economy, or even if we have a planet? This story is part of the CoinDesk U series about blockchain at universities. See our ranking of U.S. universities here . Related: Looking for a Job in Crypto? Here Are 5 Skills You Need Option B is a school that “only” leaves you with $80,000 in debt but it has the whiff of mediocre compromise. What if there’s a Secret Option C? What if, theoretically, you could get the same caliber of education as the Ivy League, at the fraction of the cost, through some non-traditional classes and self-study? You’re skeptical. It sounds like a scam. Like an infomercial. And who would trust this DIY college degree? Now what if your dream employer had the same trust in your DIY degree as a diploma from Harvard? What if he or she genuinely believed that because you demonstrated a certain fluency in Japanese or mastery of coding or grasp of Murakami’s short stories, that you are the same caliber of graduate as a senior from Yale? What if all these credentials were trusted because they were – wait for it – verified on the blockchain? Related: The Best Blockchain University Programs Actually Pay Students to Learn Maybe this is where you roll your eyes. “Blockchain can revolutionize education,” of course, will elicit the same skepticism as “Blockchain will revolutionize the world.” Yet given the soaring costs of higher education, if blockchain can put any competitive pressure on the system, that alone would be a win. That future will not happen magically, it will not happen overnight, and it starts with a few modest early steps. That future starts with programs like what’s quietly brewing at the University of Colorado at Boulder, led by an entrepreneur-turned-blockchain-professor named Hunter Albright. Story continues Blockchain University Opportunities The plan was to meet in person, on the campus of UC Boulder, and speak to the students about blockchain. That plan, like most plans in 2020, was scotched. “The students are back in quarantine,” Albright tells me over Zoom. In August, a new spike in COVID-19 cases forced the school to switch from hybrid classes back to remote. So here we are, once again awkwardly staring into our computer monitors, not quite making eye contact. Albright is tall and fit. At 49, he looks just a bit like James Comey. He’s the founder and executive director of the University of Colorado Blockchain Alliance , the CEO of Curve10 (a firm that helps inventors with product design) and the de facto Godfather of UC Boulder’s blockchain initiatives, which include pilot programs for self-sovereign identity, putting college credentials on the blockchain and using the blockchain for student elections. UC Boulder isn’t the biggest or the first university to embrace blockchain, but the school’s nascent program gives a window into the opportunities – and tricky challenges – of injecting blockchain into mainstream academia. To throw a slap of cold water on the hype and misinformation: There’s no Blockchain Degree, no Blockchain Masters Program and not even a Blockchain Minor. “I don’t know if there’s a demand or a need for a degree, to be honest,” says Albright in his clear, slow, friendly cadence. If students take four blockchain-related courses at the graduate level – such as Distributed Systems, the Mathematics of CryptoSystems, or “Blockchain and Cryptocurrencies – Speculation or Innovation?” – then they can earn a blockchain “certificate” as a sort of degree add-on. (No student has earned this certificate yet; the program is new.) Albright first offered Introduction to Blockchain in Spring 2019, available to both undergraduates and graduates, primarily from the engineering and business schools. “That class filled up instantly,” remembers Jack Rice, who took the course as an undergraduate sophomore. Rice entered UC Boulder as a pre-med student, but he had already caught the crypto bug, building an Ethereum mining server as a teenager. (The mining “didn’t work out super well” as the price of Ethereum collapsed.) Rice, who’s now the president of the school’s Blockchain Club, is not exactly sure what he wants to do when he graduates – he switched from Pre-Med to Information Sciences – but now he’s mulling over blockchain-enabled startup ideas. Rice says that when business ideas float through his head, he frequently asks himself, “We do it one way now, and how can I use blockchain to improve upon it?” Other students were simply curious about the new tech and how it could, potentially, give them an edge in their future careers. “Once something new comes out, I just want to learn it, just to satisfy my curiosity,” says Hare Muthusamy, a grad student studying software development, who moved from India to enroll at UC Boulder. Muthusamy didn’t want to just learn about the concepts of blockchain – he wanted to play with it, build with it. Through the Blockchain Alliance, he worked with Albright on creating an application for the Blockchain Research Network, which aims to aggregate crypto academia. With Albright’s coaching, Muthusamy built a decentralized system that allows researchers to anonymously upload papers for peer review, and then a network of academic reviewers – across multiple universities – could anonymously review the study, and then the materials all live on the blockchain. “The course covered the theoretical concepts, and the project I did with Hunter covered the practical concepts,” explains Muthusamy. Most students aren’t taking these courses to prepare for a career in blockchain, but rather to scratch an itch (a natural curiosity) or to give their degree a bit of crypto gloss. This squares with the insights from Olta Andoni , a professor at Chicago-Kent law school, who teaches a course on blockchain and the law. Even though she is known as a “crypto-attorney,” she says most of her students do not take the class with that intent, and she stressed this several times during our call: “If you are a potential law school applicant, do not go in with the intent to become a crypto-attorney.” Andoni has found that teaching blockchain involves some odd challenges, starting with the uncertainty over how much the class already knows. “The level of knowledge is very diverse [among] the students,” she says. When you teach a course like, say, “maritime law,” the odds are good that every student begins with a similar level of ignorance. Not with crypto. Some build their own Ethereum mining servers and others think Bitcoin wallets come in leather. Other challenges: What do you use as a textbook? Outside of Satoshi Nakamoto’s white paper, there are few source materials that all agree are canon. “There’s been a lot of struggle in finding the right source materials,” says Angela Walch , a professor of Law at St. Mary’s, who has been teaching blockchain since 2013. “Sometimes I’ve been very surprised to find what instructors are using.” For example, Walch has misgivings about the use of 2016’s “ Blockchain Revolution ” by Don Tapscott and Alex Tapscott as a primary text. “That’s been very worrying to me, as I view that [book] as largely hype.” I struggle with how much I should do crypto, and how much I should do blockchain in my course. And even if you curate the perfect teaching materials, what should be included in the course? “This can be quite contentious,” says Kevin Werbach , a professor at the Wharton Business School, who also teaches a blockchain-focused class. He contrasts blockchain to a field like chemistry, where there’s not much dispute about the periodic table. Werbach – and every blockchain professor – needs to make judgment calls, such as whether enterprise distributed ledgers should be taught. (He says yes.) “I struggle with how much I should do crypto, and how much I should do blockchain in my course,” says Angela Walch. “You can’t cover it all.” As the tree of blockchain has grown, it’s harder to master every branch and twig. “You cannot be an expert on what is happening in the blockchain supply chain, at the same time as you’re an expert on blockchain voting, at the same time you’re an expert on DeFi,” she says. “They’re all their own intricate specialized worlds.” A more subtle challenge is that the overall interest in these courses, perhaps not surprisingly, seems to wax and wane with the price of bitcoin . “Each time we have a boom in the cryptocurrency market, I do see a lot more interest from students,” says Andoni. Werbach remembers an “explosion in activity” during the 2017 ICO bubble. In contrast, these days he’s “not seeing a mass of students knocking on the door.” Walch goes even further. “To be honest, I’m sensing a little bit of a lull in the interest in blockchain education,” she says, adding that the slowdown could simply be due to the pandemic, quarantine, or the 5,000 other complications of 2020. Walch, who has been teaching blockchain since nearly the dawn of crypto time, also wonders who should count as an “expert” in this nascent field. “I really wrestle with who’s qualified to teach about these topics,” she says. “They’re incredibly multi-disciplinary, so claims of expertise have to be made with an asterisk.” Hunter Albright largely agrees, although he views that very ambiguity as one of the appealing challenges. “There are very few experts in general in this space,” he says. “Some of it is just a willingness to be sort of open and to discuss the ideas.” Albright is the first to admit he’s not the “end-all-be-all in terms of the knowledge,” but thinks the mark of a good blockchain professor is a blend of humility, curiosity and eagerness to en **Last 60 Days of Bitcoin's Closing Prices:** [11878.11, 11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33, 10669.58, 10793.34, 10604.41, 10668.97, 10915.69] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-10-09 **Financial & Commodity Data:** - Gold Closing Price: $1919.50 - Crude Oil Closing Price: $40.60 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $196,359,211,422 - Hash Rate: 136222462.66586328 - Transaction Count: 339343.0 - Unique Addresses: 714645.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.48 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Blockchain-based lending and trading systems known as “decentralized finance,” or DeFi, have dominated recent cryptocurrency-market headlines, with collateral locked into the semi-automated platforms surging 10-fold this year to more than $9 billion. DeFi trading platforms like Uniswap, Curve and Balancer have appealed to cryptocurrency traders with their low cost and ease of use, and they’re now starting to steal a growing and no-longer-negligible share of market trading volumes from bigger, established exchanges like Binance, Coinbase, Huobi and OKEx. These “centralized” exchanges – the term is sometimes tossed around with a sneer – are rolling out new business initiatives they describe as decentralized, in an apparent bid to cash in on the trend and stanch a further exodus of customers. Related: Ethereum’s Pending Transactions Jump 30% After Uniswap’s Token Claim Begins Huobi, a Chinese-led cryptocurrency exchange based in Seychelles, announced Tuesday it is adding 10 new members to its DeFi initiative, described as “a consortium of centralized and decentralized financial services providers.” The announcement came just a day after Huobi’s arch-rival, OKEx, which is also Chinese-led but based in Malta, said its OKxChain network was the most decentralized public blockchain powered by an exchange. And last week, Binance, the world’s biggest cryptocurrency exchange, announced an integration of its centralized trading platform with its decentralized public blockchain, Binance Smart Chain (BSC). Binance CEO Changpeng “CZ” Zhao even seemed to acknowledge the threat during his company’s recent “World of DeFi” summit , where he said, “It’s always better to disrupt yourself than having somebody else disrupt you first.” Running a decentralized exchange is cheaper, according to CZ. Story continues Related: Uniswap Launches Governance Token in Bid to Keep Up With Rival AMM SushiSwap And OKEx CEO Jay Hao told CoinDesk in an email that “it’s impossible to ignore the compelling promise of DeFi, and we are firm believers that it will succeed.” Charts of bitcoin held at big exchanges show declining balances over the past several weeks, and Simon Chen of the Hong Kong-based crypto trading firm Babel Finance says one likely explanation is that some of the cryptocurrency is getting transferred to DeFi. In August, DEXs accounted for a 5% share of total crypto exchange volumes, according to a Sept. 14 report by the cryptocurrency-analysis firm Messari. The business is dominated by the “automated market makers” Uniswap, Curve and Balancer. “The exchange business has proven itself to be incredibly lucrative for crypto and automated market makers are starting to receive their slice of the pie,” Messari analyst Jack Purdy wrote in the report. Binance’s CZ said he will be “really happy on the day when decentralized exchanges replace centralized exchanges,” at least partly because the company’s BNB digital tokens “will be worth much more.” Su Zhu, CEO of the cryptocurrency-focused investment fund Three Arrows Capital, told CoinDesk in a Telegram message that centralized exchanges could still be a “gateway to DeFi, but not where users ultimately spend their time.” “The centralized exchanges will end up acting like a white label,” Zhu said. – Muyao Shen Read More: Binance, Huobi, OKEx Have FOMO for DeFi Bitcoin Watch Bitcoin’s dip remained well supported ahead of the Federal Reserve’s rate decision, due at 18:00 UTC. The cryptocurrency found buyers below $10,700 during the Asian trading hours, but so far has failed to cross Tuesday’s high of $10,940. The cryptocurrency may rise above the $11,000 mark if the Fed announces more stimulus measures, having cut rates to zero, launched asset purchase programs and signaled tolerance for high inflation earlier this year. Analysts, however, expect the Fed to maintain the status quo and reiterate willingness to do more if required. According to BK Asset Management’s Kathy Lien , the focus will be on the Fed’s inflation and growth forecasts. The dollar will likely draw bids, pushing gold and bitcoin lower, if the central bank raises growth forecasts. – Omkar Godbole Read More: All Eyes on Fed Reserve Rate Announcement, as Bitcoin Fights for $11K Token Watch Filecoin (FIL): Futures on decentralized data-storage network’s forthcoming token, currently at $18.50 in tether (USDT) terms, are trading “ well above our cost basis ,” investment firm Pantera Capital says. What’s Hot Bank regulators in 49 U.S. states, Washington, D.C., and Puerto Rico plan to make compliance for cryptocurrency companies simpler by consolidating supervisory exams (CoinDesk) ‘Crypto mom’ and Securities and Exchange Commissioner Hester Pierce says Unikrn fine of $6.1 million will have a chilling effect on innovation on the part of other firms (CoinDesk) A significant amount of cryptocurrencies passes through dark web marketplaces in Eastern Europe, according to Chainalysis (CoinDesk) Bitcoin CEO: MicroStrategy’s Michael Saylor Explains His $425M Bet on BTC (CoinDesk) India reportedly moving to ban trading of cryptocurrencies, threatening blow to rapidly growing scene in world’s second-most-populous country (CoinDesk) Circle’s Jeremy Allaire says Algorand will bring “over 1,000 tps and transaction fees of 1/20th cent to the USDC ecosystem” (Forbes) Analogs The latest on the economy and traditional finance More than a third of fund managers, strategists and economists in a new survey say it may take a month or more after U.S. presidential elections until results are known (CNBC) Federal Reserve’s “commitment to stoking inflation could cause dramatic volatility in interest rates” (Reuters ) Nvidia’s $40 billion ‘Arm’ deal faces risks and industry pushback as China looks to remove US tech from its supply chain (Nikkei Asian Review) Tweet of the Day Related Stories First Mover: Binance’s CZ Doesn’t Even Dispute That DeFi Might Be Inevitable First Mover: Binance’s CZ Doesn’t Even Dispute That DeFi Might Be Inevitable... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11296.36, 11384.18, 11555.36, 11425.90, 11429.51, 11495.35, 11322.12, 11358.10, 11483.36, 11742.04
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 1.17% on Friday. Following on from a 2.39% rally on Thursday, Bitcoin ended the day at $11,071.0 It was another bearish start to the day. Bitcoin fell to a mid-morning intraday low $10,853.1 before making a move. Steering clear of the first major support level at $10,666, Bitcoin rallied to a late morning intraday high $11,134.0. Bitcoin broke through the first major resistance level at $11,096 to visit $11,100 levels before easing back. It was Bitcoin’s first close out at $11,000 levels since 20 th September. The near-term bullish trend remained intact, in spite of the recent pullback to sub-$11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Friday. Cardano’s ADA (+5.05%) and Chainlink (+8.89%) led the way. Binance Coin (+2.31%), Ethereum (4.04%), and Polkadot (+2.39%) weren’t far behind. Bitcoin Cash ABC (+1.47%), Bitcoin Cash SV (+1.79%), Crypto.com Coin (+0.86%), Litecoin (+1.23%), and Ripple’s XRP (+0.68%) trailed the pack, however. In the current week, the crypto total market slid to a Wednesday low $322.55bn before rising to a Friday high $346.22bn. At the time of writing, the total market cap stood at $344.02bn. Bitcoin’s dominance fell to a Monday low 59.15% before rising to a Tuesday high 61.29%. At the time of writing, Bitcoin’s dominance stood at 59.62%. This Morning At the time of writing, Bitcoin was up by 0.22% to $11,095.8. A bullish start to the day saw Bitcoin rise from an early morning low $11,071.0 to a high $11,111.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin was down by 0.26% to buck the trend early in the day. It was a bullish start for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 2.29% to lead the way. Story continues For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $11,019 to bring the first major resistance level at $11,186 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $11,134.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,300. Failure to avoid a fall through the $11,019 pivot would bring the first major support level at $10,905 into play. Barring an extended crypto sell-off, however, Bitcoin should continue to steer clear of sub-$10,800 levels. The second major support level sits at $10,739. This article was originally posted on FX Empire More From FXEMPIRE: E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Needs to Hold 28040 to Sustain Momentum Crude Oil Weekly Price Forecast – Crude Oil Markets Have Strong Week European Equities: A Week in Review – 09/10/20 S&P 500 Weekly Price Forecast – Continue to Rally Based Upon Stimulus E-mini S&P 500 Index (ES) Futures Technical Analysis – Needs to Hold 3431.75 to Sustain Upside Momentum The Weekly Wrap – Trump and U.S Politics Drove Demand for Riskier Assets', 'Bitcoin, BTC to USD, rose by 1.17% on Friday. Following on from a 2.39% rally on Thursday, Bitcoin ended the day at $11,071.0 It was another bearish start to the day. Bitcoin fell to a mid-morning intraday low $10,853.1 before making a move. Steering clear of the first major support level at $10,666, Bitcoin rallied to a late morning intraday high $11,134.0. Bitcoin broke through the first major resistance level at $11,096 to visit $11,100 levels before easing back. It was Bitcoin’s first close out at $11,000 levels since 20 th September. The near-term bullish trend remained intact, in spite of the recent pullback to sub-$11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Friday. Cardano’s ADA (+5.05%) and Chainlink (+8.89%) led the way. Binance Coin (+2.31%), Ethereum (4.04%), and Polkadot (+2.39%) weren’t far behind. Bitcoin Cash ABC (+1.47%), Bitcoin Cash SV (+1.79%), Crypto.com Coin (+0.86%), Litecoin (+1.23%), and Ripple’s XRP (+0.68%) trailed the pack, however. In the current week, the crypto total market slid to a Wednesday low $322.55bn before rising to a Friday high $346.22bn. At the time of writing, the total market cap stood at $344.02bn. Bitcoin’s dominance fell to a Monday low 59.15% before rising to a Tuesday high 61.29%. At the time of writing, Bitcoin’s dominance stood at 59.62%. This Morning At the time of writing, Bitcoin was up by 0.22% to $11,095.8. A bullish start to the day saw Bitcoin rise from an early morning low $11,071.0 to a high $11,111.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin was down by 0.26% to buck the trend early in the day. It was a bullish start for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 2.29% to lead the way. Story continues For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $11,019 to bring the first major resistance level at $11,186 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $11,134.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,300. Failure to avoid a fall through the $11,019 pivot would bring the first major support level at $10,905 into play. Barring an extended crypto sell-off, however, Bitcoin should continue to steer clear of sub-$10,800 levels. The second major support level sits at $10,739. This article was originally posted on FX Empire More From FXEMPIRE: E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Needs to Hold 28040 to Sustain Momentum Crude Oil Weekly Price Forecast – Crude Oil Markets Have Strong Week European Equities: A Week in Review – 09/10/20 S&P 500 Weekly Price Forecast – Continue to Rally Based Upon Stimulus E-mini S&P 500 Index (ES) Futures Technical Analysis – Needs to Hold 3431.75 to Sustain Upside Momentum The Weekly Wrap – Trump and U.S Politics Drove Demand for Riskier Assets', 'Bitcoin\x92s (BTC) uptrend gathered pace on Saturday with prices nearly testing $11,500 for the first time in over a month. The biggest cryptocurrency by market value rose to $11,484 at 03:10 UTC \x96 the highest level since Sept. 2, according to CoinDesk\x92s Bitcoin Price Index . Likely driving the move was optimism for the prospects for a U.S. stimulus package after the White House boosted its offer to Democrats on a pandemic relief package to the north of $1.8 trillion Friday. A new round of stimulus would likely benefit BTC in at least three ways: Government and central bank spending around the world in response to the coronavirus-induced slowdown, in the eyes of many, will. inevitably result in inflation, and therefore be positive for the cryptocurrency. Given the current correlation between equities and BTC, and that some investors treating BTC like it\x92s a tech stock, anything that boosts equities invariably boosts BTC. Stimulus paychecks would give individual investors money to invest and some of those investments would likely be BTC. Buyers stepped in around $10,500 earlier this week after payments company Square announced that it has put some 1% of its assets into bitcoin. Related: Bitcoin Down 1% After Biggest Weekly Price Gain Since July At press time, bitcoin is changing hands near $11,320, representing a 2% gain on the day. Also read: Market Wrap: Bitcoin Tops $11.1K; Ether Traders Like $400 Options Related Stories Bitcoin Nears $11.5K on US Stimulus Prospects, Seems to Confirm Bullish Trend Bitcoin Nears $11.5K on US Stimulus Prospects, Seems to Confirm Bullish Trend Bitcoin Nears $11.5K on US Stimulus Prospects, Seems to Confirm Bullish Trend', 'Bitcoin’s (BTC) uptrend gathered pace on Saturday with prices nearly testing $11,500 for the first time in over a month.\n• The biggest cryptocurrency by market value rose to $11,484 at 03:10 UTC – the highest level since Sept. 2, according to CoinDesk’sBitcoin Price Index.\n• Likely driving the move was optimism for theprospects fora U.S. stimulus package after the White House boosted its offer to Democrats on a pandemic relief package to the north of $1.8 trillion Friday.\nA new round of stimulus would likely benefit BTC in at least three ways:\n1. Government and central bank spending around the world in response to the coronavirus-induced slowdown, in the eyes of many, will. inevitably result in inflation, and therefore be positive for the cryptocurrency.\n2. Given the current correlation between equities and BTC, and that some investors treating BTC like it’s a tech stock, anything that boosts equities invariably boosts BTC.\n3. Stimulus paychecks would give individual investors money to invest and some of those investments would likely be BTC.\nBuyers stepped in around $10,500 earlier this week after payments companySquare announcedthat it has put some 1% of its assets into bitcoin.\nRelated:Bitcoin Down 1% After Biggest Weekly Price Gain Since July\nAt press time, bitcoin is changing hands near $11,320, representing a 2% gain on the day.\nAlso read:Market Wrap: Bitcoin Tops $11.1K; Ether Traders Like $400 Options\n• Bitcoin Nears $11.5K on US Stimulus Prospects, Seems to Confirm Bullish Trend\n• Bitcoin Nears $11.5K on US Stimulus Prospects, Seems to Confirm Bullish Trend\n• Bitcoin Nears $11.5K on US Stimulus Prospects, Seems to Confirm Bullish Trend', 'Bitcoin’s (BTC) uptrend gathered pace on Saturday with prices nearly testing $11,500 for the first tim **Last 60 Days of Bitcoin's Closing Prices:** [11410.53, 11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33, 10669.58, 10793.34, 10604.41, 10668.97, 10915.69, 11064.46] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-10-10 **Financial & Commodity Data:** - Gold Closing Price: $1919.50 - Crude Oil Closing Price: $40.60 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $196,359,211,422 - Hash Rate: 137181775.78322852 - Transaction Count: 298486.0 - Unique Addresses: 631182.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.53 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: GEORGE TOWN, CAYMAN ISLANDS / ACCESSWIRE / September 3, 2020 / StrongBlock ( www.strongblock.io ), has been announced as a founding technology partner of Switzerland's government-funded Ticino Blockchain Technologies Association (TBTA). The association aims to promote research and support innovative companies active in the blockchain technology market vertical, as well as promoting academic studies of the technology in participation with the University of Southern Switzerland (USI) and The University of Applied Sciences and Arts of Southern Switzerland (SUPSI). The association will be the crossroads for technology transfer between private organizations, government, and universities, enabling research and training to promote the creation of new companies and new skilled jobs in Switzerland. "Switzerland has been at the forefront of blockchain innovation. We are honored to be a founding partner in TBTA," said David Moss, Founder, and CEO of StrongBlock. "We look forward to collaborating with the incredible lineup of founding partners on increasing blockchain adoption in Ticino and beyond." StrongBlock is joined by TBTA founding partners Bitcoin.com, Copernicus Holding SA, Eligma Ltd. (GoCrypto), Euronovate SA, Eventboost SA, Pangea Blockchain Fund, Poseidon Group, Quadrans Foundation, Superflat SA, and Swiss Blockchain Consortium. In addition, there are two academic partners: the University of Southern Switzerland (offering the expertise of its Computer Systems Institute and the Master of Science in Financial Technology and Computing) and the Innovative Technologies Department of the Information Systems and Networking Institute (SUPSI) that offers Certificates of Advanced Studies in Blockchain and Fintech. "The non-profit association aims to foster organic growth of the blockchain ecosystem at the Swiss and international levels. We are very pleased to have prestigious international companies among the members of the association able to drive innovation in this region together with partners already active in Ticino," said Ing. Giacomo Poretti, President of the Association and Senior Lecturer-researcher in SUPSI's DTI Innovative Technologies Department. "This platform is important not only for Ticino but for the whole of Switzerland, companies and academic institutions join forces to achieve innovative solutions together, driving digital change with creative ideas." Story continues About StrongBlock Founded in 2018 by blockchain pioneers, the StrongBlock DeFi Protocol is the first to reward participants for helping to improve the quality of public blockchain performance. StrongBlock Consulting provides blockchain and blockchain governance consulting to leading industries worldwide. For more information, please visit www.strongblock.io . Media Contact: Gianella Saavedra​ [email protected] +1 646 894 0574 TBTA Press Release SOURCE: StrongBlock View source version on accesswire.com: https://www.accesswire.com/604715/StrongBlock-Announced-as-Founding-Partner-of-Swiss-Ticino-Blockchain-Technologies-Association... - Reddit Posts (Sample): [['u/WhalesHeavenExchange', '"Freedom means responsibility. That\'s why most people are afraid of freedom." B', 419, '2020-10-10 01:00', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/', 'Attributed to George Bernard Shaw, the quote: "Freedom means responsibility. That\'s why most people are afraid of freedom".\n\nThat was during the end of the 19th. Century, and beginnings of the 20th., the log says. We are not in Bernard\'s time anymore, but in Bitcoin\'s age, and are you willing to take full responsibility? In life, as in hodling, as in swapping Bitcoin and crypto?', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/', 'j89da4', [['u/Nichoros_Strategy', 10, '2020-10-10 02:54', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g89smwd/', 'People will take as much responsibility as they feel they have to, some more than others. People are forced to take more responsibility when times are desperate, less so when they already have everything they need and more.', 'j89da4'], ['u/soontobesilenced', 23, '2020-10-10 04:20', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8a0zhm/', '*I prefer dangerous freedom over peaceful slavery.*\n\nThomas Jefferson', 'j89da4'], ['u/soontobesilenced', 11, '2020-10-10 04:21', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8a15il/', '*Those who would give up essential liberty, to purchase a little temporary safety, deserve neither liberty nor safety.*\n\nBenjamin Franklin', 'j89da4'], ['u/soontobesilenced', 10, '2020-10-10 04:24', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8a1e0l/', '*Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive.* \n\nC.S. Lewis', 'j89da4'], ['u/soontobesilenced', 73, '2020-10-10 04:26', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8a1l3d/', '*If you want total security, go to prison.* \n\nDwight Eisenhower', 'j89da4'], ['u/soontobesilenced', 18, '2020-10-10 04:28', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8a1qtu/', '*The people never give up their liberties but under some delusion.* \n\nEdmund Burke', 'j89da4'], ['u/whitslack', 10, '2020-10-10 06:12', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8abes3/', 'The rest of the quote:\n\n“Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron’s cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience. They may be more likely to go to Heaven yet at the same time likelier to make a Hell of earth. This very kindness stings with intolerable insult. To be ‘cured’ against one’s will and cured of states which we may not regard as disease is to be put on a level of those who have not yet reached the age of reason or those who never will; to be classed with infants, imbeciles, and domestic animals.” \n—C.S. Lewis, “God in the Dock,” 1948', 'j89da4'], ['u/whitslack', 16, '2020-10-10 06:15', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8abn6w/', 'Pretty sure the actual quote is:\n\n“Liberty means responsibility. That is why most men dread it.” \n—George Bernard Shaw', 'j89da4'], ['u/Trxth', 12, '2020-10-10 06:34', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8ad37x/', "All these people thinking we're living in a simulation, when really we're in a delusion", 'j89da4'], ['u/Ganjan', 11, '2020-10-10 07:59', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8aixbb/', "What country's prison system was he talking about? Surely not America's.", 'j89da4'], ['u/Surpentstone', 19, '2020-10-10 08:18', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8ak45e/', "FINISH HIM!!!\n\n​\n\n“If you want total security, go to prison. There you're fed, clothed, given medical care and so on. The only thing lacking... is FREEDOM. ”", 'j89da4'], ['u/wolfsong5663', 16, '2020-10-10 08:33', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8akzr7/', 'Most great people in human history all over the world owned slaves. It doesnt meant that slavery is right, but it’s incorrect to judge a historical person’s merit by today’s standards.', 'j89da4'], ['u/Rupee_Roundhouse', 17, '2020-10-10 09:07', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8amzb7/', "Great quote. It identifies the psychological requirement for a free society. Most people today are deeply afraid of responsibility. Responsibility includes making decisions for oneself. One must identify and choose one's values, career, place of residence, etc.\n\nFor the majority today, this strikes fear: One's job is not guaranteed, learning new skills for employment is challenging, planning and making provisions for emergencies and periods of illness is uncertain, etc. At the root of this fear is a mistrust of one's self-efficacy, which can be further traced to bad philosophy that has accepted Immanuel Kant's tricky, but false, argument against self-efficacy and has permeated across all of our culture. But I digress.\n\nThis majority fear of responsibility seeds the corruption of the concept of individual rights. The concept of individual rights emerged from the recognition that in society, individuals may initiate force on each other. Thus, individual rights are *freedoms from the initiation of force* to do something. The right to life, liberty, property, and happiness means that one ought to pursue those things free from others initiating force.\n\nContrastly, individual rights are not *entitlements*. This is a critical distinction: Entitlements benefit some people at the expense of others' detriment; freedoms are absent of anyone's detriment. In order to fulfill an entitlement politically, it's enforced by initiating force: Someone is forced to fulfill another's entitlement because it's the law. When individual rights are properly understood as freedoms, there is no initiation of force because it's voluntary and anyone can back away if the terms are not worth the trade.", 'j89da4']]], ['u/BlandTomato', "Imagine if you only had $18.50 to split between 7800 people. That's the ratio of Bitcoin to people right now.", 49, '2020-10-10 02:10', 'https://www.reddit.com/r/Bitcoin/comments/j8aime/imagine_if_you_only_had_1850_to_split_between/', '18,500,000 BTC to be shared by 7,800,000,000 people.', 'https://www.reddit.com/r/Bitcoin/comments/j8aime/imagine_if_you_only_had_1850_to_split_between/', 'j8aime', [['u/coinblaster-up', 17, '2020-10-10 02:15', 'https://www.reddit.com/r/Bitcoin/comments/j8aime/imagine_if_you_only_had_1850_to_split_between/g89oxeo/', "unfortunately 7799 people couldn't care less. i hope this will change over time.", 'j8aime'], ['u/lchumaceiro', 15, '2020-10-10 02:28', 'https://www.reddit.com/r/Bitcoin/comments/j8aime/imagine_if_you_only_had_1850_to_split_between/g89q4lk/', 'Yeah but 18,500,000 Btc are 185,000,000,000,000 Satoshis more than enough to go around.', 'j8aime'], ['u/The_Hominem', 14, '2020-10-10 04:39', 'https://www.reddit.com/r/Bitcoin/comments/j8aime/imagine_if_you_only_had_1850_to_split_between/g8a2wm4/', "237,179 satoshis per person actually.\n\n18,000,000*100,000,000÷7,800,000,000 = 237,179.\n\nThe average person doesn't have $237,179 so this is plenty of wiggle room for the average consumer.\n\nAlso the lightning network has confirmed transactions down to 1/1000 of a satoshi. So there are 237,179,000 milli-satoshis to go around per person on this planet - and there's no reason why that couldn't go smaller without any hard forking.\n\nAlso, bitcoin doesn't need to (and is not likely to) replace every currency in the world. Gold has not replaced every currency, the US dollar has not replaced every currency, and nor will bitcoin. People use the means of exchange that best matches the geopolitical environment they're in and many other factors, which is rarely the actual best asset they could use.", 'j8aime']]], ['u/ROPEgangBaBY', 'If it was 2017 bitcoin would be at 50k right now.', 37, '2020-10-10 02:31', 'https://www.reddit.com/r/Bitcoin/comments/j8au8l/if_it_was_2017_bitcoin_would_be_at_50k_right_now/', 'How can the market not go up like crazy after two huge public companies buying bitcoin as their reserve asset.\n\nPS: after this confirmation market can assume:\n\n1- that more companies will join ( square even shared to the public how to buy bitcoin as a company).\n\n2- at least this 2 companies will buy more bitcoin every year as their revenue go up. we also can compound it if we assume that at the same time other new companies will join and do the same year after year.\n\n3- we are even more close to the possibity of banks and governaments start to do the same\n\nin my opinion this high net worth people just need a better infrasture for them to start investing. its a matter of time for this to blow up and take everyone by surprise\n\n​\n\nWHEN 9K ? :(', 'https://www.reddit.com/r/Bitcoin/comments/j8au8l/if_it_was_2017_bitcoin_would_be_at_50k_right_now/', 'j8au8l', [['u/[deleted]', 31, '2020-10-10 02:40', 'https://www.reddit.com/r/Bitcoin/comments/j8au8l/if_it_was_2017_bitcoin_would_be_at_50k_right_now/g89ratz/', '1% for square hardly makes it a reserve asset. More like a small hedge.', 'j... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11384.18, 11555.36, 11425.90, 11429.51, 11495.35, 11322.12, 11358.10, 11483.36, 11742.04, 11916.33
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rallied by 2.14% on Saturday. Following on from a 1.17% gain on Friday, Bitcoin ended the day at $11,308.0 It was a bullish start to the day. Bitcoin rallied from an intraday low $11,071.0 to an early morning intraday high $11,505.0. Steering clear of the major support levels, Bitcoin broke through the first major resistance level at $11,186 and the second major resistance level at $11,300. Hitting resistance at $11,500, Bitcoin fell back to sub-$11,300 levels before finding support in the afternoon. A move back through to $11,400 levels was brief, however, with Bitcoin falling back to end the day at $11,300 levels. The second major resistance level at $11,300 delivered support late in the day. The near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Cardano’s ADA rallied by 3.65% to lead the way. Crypto.com Coin (+2.10%) and Litecoin (+2.26%) weren’t far behind. Bitcoin Cash ABC (+0.53%), Bitcoin Cash SV (+1.47%), Chainlink (+1.01%), Ethereum (1.48%), and Ripple’s XRP (+0.36%) also joined Bitcoin in the green. Binance Coin (-0.04%) and Polkadot (-2.33%) bucked the trend on the day, however. In the current week, the crypto total market slid to a Wednesday low $322.55bn before rising to a Saturday high $357.46bn. At the time of writing, the total market cap stood at $350.08bn. Bitcoin’s dominance fell to a Monday low 59.15% before rising to a Tuesday high 61.29%. At the time of writing, Bitcoin’s dominance stood at 60.04%. This Morning At the time of writing, Bitcoin was up by 0.49% to $11,363.0. It was a mixed start to the day. Bitcoin fell to an early morning low $11,297.0 before striking a high $11,402.0. Bitcoin left the major support and resistance levels untested early on. Story continues Elsewhere, it was a mixed start to the day. Binance Coin (-0.83%), Bitcoin Cash ABC (-0.39%), Crypto.com Coin (-0.39%), Chainlink (-1.14%), and Polkadot (-0.88%) saw red early on.. It was a bullish start for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 1.16% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $11,295 to bring the first major resistance level at $11,518 into play. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,500 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $11,700 and the second major resistance level at $11,729. Failure to avoid a fall through the $11,295 pivot would bring the first major support level at $11,084 into play. Barring an extended crypto sell-off, however, Bitcoin should continue to steer clear of sub-$11,000 levels. The second major support level sits at $10,861. This article was originally posted on FX Empire More From FXEMPIRE: E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Needs to Hold 28040 to Sustain Momentum U.S Mortgage Rates Hold Steady as Trump and U.S Politics Take Center Stage The Week Ahead: A Brexit Showdown, U.S Politics, and Economic Data in Focus E-mini S&P 500 Index (ES) Futures Technical Analysis – Needs to Hold 3431.75 to Sustain Upside Momentum US Stock Market Overview – Stock Rise Led by Technology as the White Ups its Stimulus Bid Gold Weekly Price Forecast – Gold Markets Form Bullish Flag', 'Bitcoin, BTC to USD, rallied by 2.14% on Saturday. Following on from a 1.17% gain on Friday, Bitcoin ended the day at $11,308.0\nIt was a bullish start to the day. Bitcoin rallied from an intraday low $11,071.0 to an early morning intraday high $11,505.0.\nSteering clear of the major support levels, Bitcoin broke through the first major resistance level at $11,186 and the second major resistance level at $11,300.\nHitting resistance at $11,500, Bitcoin fell back to sub-$11,300 levels before finding support in the afternoon.\nA move back through to $11,400 levels was brief, however, with Bitcoin falling back to end the day at $11,300 levels.\nThe second major resistance level at $11,300 delivered support late in the day.\nThe near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nCardano’s ADA rallied by 3.65% to lead the way. Crypto.com Coin (+2.10%) and Litecoin (+2.26%) weren’t far behind.\nBitcoin Cash ABC (+0.53%), Bitcoin Cash SV (+1.47%), Chainlink (+1.01%), Ethereum (1.48%), and Ripple’s XRP (+0.36%) also joined Bitcoin in the green.\nBinance Coin (-0.04%) and Polkadot (-2.33%) bucked the trend on the day, however.\nIn the current week, the crypto total market slid to a Wednesday low $322.55bn before rising to a Saturday high $357.46bn. At the time of writing, the total market cap stood at $350.08bn.\nBitcoin’s dominance fell to a Monday low 59.15% before rising to a Tuesday high 61.29%. At the time of writing, Bitcoin’s dominance stood at 60.04%.\nAt the time of writing, Bitcoin was up by 0.49% to $11,363.0. It was a mixed start to the day. Bitcoin fell to an early morning low $11,297.0 before striking a high $11,402.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBinance Coin (-0.83%), Bitcoin Cash ABC (-0.39%), Crypto.com Coin (-0.39%), Chainlink (-1.14%), and Polkadot (-0.88%) saw red early on..\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Cardano’s ADA was up by 1.16% to lead the way.\nBitcoin would need to avoid a fall through the pivot level at $11,295 to bring the first major resistance level at $11,518 into play.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $11,500 levels.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test resistance at $11,700 and the second major resistance level at $11,729.\nFailure to avoid a fall through the $11,295 pivot would bring the first major support level at $11,084 into play.\nBarring an extended crypto sell-off, however, Bitcoin should continue to steer clear of sub-$11,000 levels. The second major support level sits at $10,861.\nThisarticlewas originally posted on FX Empire\n• E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Needs to Hold 28040 to Sustain Momentum\n• U.S Mortgage Rates Hold Steady as Trump and U.S Politics Take Center Stage\n• The Week Ahead: A Brexit Showdown, U.S Politics, and Economic Data in Focus\n• E-mini S&P 500 Index (ES) Futures Technical Analysis – Needs to Hold 3431.75 to Sustain Upside Momentum\n• US Stock Market Overview – Stock Rise Led by Technology as the White Ups its Stimulus Bid\n• Gold Weekly Price Forecast – Gold Markets Form Bullish Flag', 'After a number of years of consolidation across the cryptomarket, new innovative protocols are drawing interest. The interest has created a new crypto hype that is more than just reminiscent of the 2017 ICO boom. As was the case back in 2017, there are a mass number of protocols hitting the crypto market. This time around, the focus has shifted away from the CeFi space to DeFi . Decentralized Finance, better known as DeFi has become the buzz word of 2020. Bitcoin and the broader crypto market delivered blockchain technology and decentralization. There was, however, an element of centralization in the CeFi space. Centralized finance became laden with governance and KYC/AML requirements and more in order to meet investor and government demands. DeFi, by contrast, currently stands as truly decentralized. With an ethos of Permissionless and Trustless, there is no actual governance. And, there are no KYC/AML requirements. In fact, to access decentralized finance all a user needs is a wallet. In concept alone, it is a mouthwatering prospect. True cryptocurrencies have yet to really make a dent in fiat money’s unwavering position as a primary payment source. When considering the unbanked, the disgruntled, and the anonymous, however, DeFi may well give the banking sector a run for its money. The Projects and the Returns As entrepreneurs and scam artists enter the world of DeFi, a number of protocols have caught the eye amidst the mist… While there are no guarantees that these protocols will be here tomorrow, there is the hope and with it the dream of incredible earnings potential. Based on DeFi market caps from Coingecko , some of the more promising protocols that have enjoyed early success. These include: Chainlink (“LINK”) Chainlink sits at the top of the DeFi coin charts at the time of writing. Not only is Chainlink at the top of the DeFi list, but Chainlink’s meteoric rise has also seen it join the crypto giants in the top 10 by market. CoinMarketCap has Chainlink currently sitting at number 8, impressively outgunning the likes of Litecoin… Story continues Year-to-date return: 473.2% to the end of day 28 th September 2020. What’s the hype? With DeFi driven by smart contracts, Chainlink connects smart contracts to data sources. Additionally, users can send payments from a smart contract to bank accounts and payment networks. Dai Dai sits at number 3 on the DeFi market cap table and is ranked at number 25 on the CoinMarket Cap. Year-to-date: Investors will have missed gains from elsewhere, however, with Dai up by just 2.02%. Why the lowly return? Dai is decentralized and backed by collateral. In other words, Dai is a stablecoin and as such, looks to maintain a value of $1.00. The position by market cap, ho **Last 60 Days of Bitcoin's Closing Prices:** [11584.93, 11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33, 10669.58, 10793.34, 10604.41, 10668.97, 10915.69, 11064.46, 11296.36] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-10-11 **Financial & Commodity Data:** - Gold Closing Price: $1919.50 - Crude Oil Closing Price: $40.60 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $209,787,212,509 - Hash Rate: 134303836.4311328 - Transaction Count: 256096.0 - Unique Addresses: 541483.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.55 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Digital currency asset manager Grayscale InvestmentsannouncedMonday that its Bitcoin Cash Trust and Litecoin Trust are now DTC-eligible. This means any investor with access to U.S. securities can access Bitcoin Cash and Litecoin without having to buy and store them directly. According to the announcement, shares of both trusts will be available for trading on over-the-counter (OTC) markets under the symbols BCGG (Bitcoin Cash) and LTCN (Litecoin). Up until this point, these trusts did not trade publicly. The shares were only available to institutional and accredited investors through private placement offerings, Grayscale Managing Director Michael Sonnenshein told The Block. "Grayscale’s products have built-in security and storage, audited financials, and provide tax reporting. They’re titled securities and eligible for investment through tax-advantaged accounts. So, it’s exciting to give investors the opportunity to access Bitcoin Cash and Litecoin directly from their brokerage account or invest from their retirement account," Sonnenshein said. The trusts are sponsored by Grayscale and have offered private placements to investors since March 2018. © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11555.36, 11425.90, 11429.51, 11495.35, 11322.12, 11358.10, 11483.36, 11742.04, 11916.33, 12823.69
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin rose by 6.53% in the week ending 11thOctober. Reversing a 1.08% decline from the week prior, Bitcoin ended the week at $11,385.0.\nIt was another mixed but bearish start to the week. Bitcoin fell to a Thursday intraweek low $10,541 before making a move.\nSteering clear of the first major support level at $10,390, Bitcoin rallied to a Saturday intraweek high $11,505.0.\nBitcoin broke through the first major resistance level at $10,985 and the second major resistance level at $11,283.\nA brief fall back to sub-$11,300 levels on Saturday saw Bitcoin find support at the second major resistance level to wrap up the week at $11,300 levels.\n6 days in the green that included a 2.40% rally on Thursday delivered the upside for the week.\nBitcoin would need to avoid a fall through $11,144 pivot to support a run the first major resistance level at $11,746.\nSupport from the broader market would be needed for Bitcoin to break out from last week’s high $11,505.\nBarring another extended crypto rally, the first major resistance level would likely pin Bitcoin back.\nIn the event of a breakout, Bitcoin could test the second major resistance level at $12,108 before any pullback.\nFailure to avoid a fall through the $11,144 pivot would bring the first major support level at $10,782 into play.\nBarring an extended sell-off, Bitcoin should steer clear of sub-$10,500 support levels. The second major support level sits at $10,180.\nAt the time of writing, Bitcoin was up by 0.02% to $11,387.0. A mixed start to the week saw Bitcoin fall to an early Monday morning low $11,360.0 before rising to a high $11,408.0.\nBitcoin left the major support and resistance levels untested at the start of the week.\nChainlink rallied by 15.70% in the week ending 11thOctober. Reversing a 12.95% loss from the previous week, Chainlink ended the week at $10.8756.\nIt was a mixed start to the week. Chainlink rose to a Monday high $9.7076 before hitting reverse.\nFalling well short of the major resistance levels, Chainlink fell to a Tuesday intraweek low $8.3827 before making a move.\nWhile steering clear of the first major support level at $7.99, Chainlink fell through the 62% FIB of $8.5.\nFinding support on Wednesday, Chainlink rallied to a Sunday intraweek high $11.0437 before easing back.\nBreaking back through the 62% FIB, Chainlink also broke through the first major resistance level at $10.94.\nA Sunday pullback, however, saw Chainlink wrap up the week at sub-$10.90 levels.\n6-days in the green that included a 9.01% rally on Friday delivered the upside. An 8.86% slide on Monday limited the upside for the week, however.\nChainlink would need to avoid a fall through the $10.10 pivot level to support a run at the first major resistance level at $11.82.\nSupport from the broader market would be needed, however, for Chainlink to break out from last week’s high $11.0437.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a breakout, Chainlink could test resistance at $12.00 before any pullback. Chainlink will likely fall well short of the second major resistance level at $12.76 and the 38.2% FIB of $12.9, however.\nFailure to avoid a fall through the $10.10 would bring the first major support level at $9.16 and 62% FIB of $8.5 into play.\nBarring an extended crypto market sell-off, however, Chainlink should steer clear well clear of sub-$8.5 levels.\nAt the time of writing, Chainlink was down by 0.91% to $10.7764. Chainlink fell from an early Monday morning high $10.8667 to a low $10.6968.\nChainlink left the major support and resistance levels untested at the start of the week.\nThisarticlewas originally posted on FX Empire\n• Asia-Pacific Stocks – China Shares Surge after PBOC Tweaks Rule, Investors Bet on Steady Recovery\n• USD/JPY Fundamental Weekly Forecast – Could Strengthen on Fiscal Stimulus Stalemate\n• Domino’s Pizza Shares Plunge on Lower Profits But Analysts Optimistic on Outlook; Target Price $435\n• Link Shares Jump 27% on Pacific Equity, Carlyle Group Takeover Proposal\n• European Equities: Brexit and U.S Politics in Focus, with no Stats to Influence\n• EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – October 12th, 2020', 'Bitcoin Bitcoin rose by 6.53% in the week ending 11 th October. Reversing a 1.08% decline from the week prior, Bitcoin ended the week at $11,385.0. It was another mixed but bearish start to the week. Bitcoin fell to a Thursday intraweek low $10,541 before making a move. Steering clear of the first major support level at $10,390, Bitcoin rallied to a Saturday intraweek high $11,505.0. Bitcoin broke through the first major resistance level at $10,985 and the second major resistance level at $11,283. A brief fall back to sub-$11,300 levels on Saturday saw Bitcoin find support at the second major resistance level to wrap up the week at $11,300 levels. 6 days in the green that included a 2.40% rally on Thursday delivered the upside for the week. For the week ahead Bitcoin would need to avoid a fall through $11,144 pivot to support a run the first major resistance level at $11,746. Support from the broader market would be needed for Bitcoin to break out from last week\x92s high $11,505. Barring another extended crypto rally, the first major resistance level would likely pin Bitcoin back. In the event of a breakout, Bitcoin could test the second major resistance level at $12,108 before any pullback. Failure to avoid a fall through the $11,144 pivot would bring the first major support level at $10,782 into play. Barring an extended sell-off, Bitcoin should steer clear of sub-$10,500 support levels. The second major support level sits at $10,180. At the time of writing, Bitcoin was up by 0.02% to $11,387.0. A mixed start to the week saw Bitcoin fall to an early Monday morning low $11,360.0 before rising to a high $11,408.0. Bitcoin left the major support and resistance levels untested at the start of the week. Chainlink Chainlink rallied by 15.70% in the week ending 11 th October. Reversing a 12.95% loss from the previous week, Chainlink ended the week at $10.8756. It was a mixed start to the week. Chainlink rose to a Monday high $9.7076 before hitting reverse. Story continues Falling well short of the major resistance levels, Chainlink fell to a Tuesday intraweek low $8.3827 before making a move. While steering clear of the first major support level at $7.99, Chainlink fell through the 62% FIB of $8.5. Finding support on Wednesday, Chainlink rallied to a Sunday intraweek high $11.0437 before easing back. Breaking back through the 62% FIB, Chainlink also broke through the first major resistance level at $10.94. A Sunday pullback, however, saw Chainlink wrap up the week at sub-$10.90 levels. 6-days in the green that included a 9.01% rally on Friday delivered the upside. An 8.86% slide on Monday limited the upside for the week, however. For the week ahead Chainlink would need to avoid a fall through the $10.10 pivot level to support a run at the first major resistance level at $11.82. Support from the broader market would be needed, however, for Chainlink to break out from last week\x92s high $11.0437. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a breakout, Chainlink could test resistance at $12.00 before any pullback. Chainlink will likely fall well short of the second major resistance level at $12.76 and the 38.2% FIB of $12.9, however. Failure to avoid a fall through the $10.10 would bring the first major support level at $9.16 and 62% FIB of $8.5 into play. Barring an extended crypto market sell-off, however, Chainlink should steer clear well clear of sub-$8.5 levels. At the time of writing, Chainlink was down by 0.91% to $10.7764. Chainlink fell from an early Monday morning high $10.8667 to a low $10.6968. Chainlink left the major support and resistance levels untested at the start of the week. This article was originally posted on FX Empire More From FXEMPIRE: Asia-Pacific Stocks \x96 China Shares Surge after PBOC Tweaks Rule, Investors Bet on Steady Recovery USD/JPY Fundamental Weekly Forecast \x96 Could Strengthen on Fiscal Stimulus Stalemate Domino\x92s Pizza Shares Plunge on Lower Profits But Analysts Optimistic on Outlook; Target Price $435 Link Shares Jump 27% on Pacific Equity, Carlyle Group Takeover Proposal European Equities: Brexit and U.S Politics in Focus, with no Stats to Influence EOS, Stellar\x92s Lumen, and Tron\x92s TRX \x96 Daily Analysis \x96 October 12th, 2020', 'Bitcoin rose by 6.53% in the week ending 11thOctober. Reversing a 1.08% decline from the week prior, Bitcoin ended the week at $11,385.0.\nIt was another mixed but bearish start to the week. Bitcoin fell to a Thursday intraweek low $10,541 before making a move.\nSteering clear of the first major support level at $10,390, Bitcoin rallied to a Saturday intraweek high $11,505.0.\nBitcoin broke through the first major resistance level at $10,985 and the second major resistance level at $11,283.\nA brief fall back to sub-$11,300 levels on Saturday saw Bitcoin find support at the second major resistance level to wrap up the week at $11,300 levels.\n6 days in the green that included a 2.40% rally on Thursday delivered the upside for the week.\nBitcoin would need to avoid a fall through $11,144 pivot to support a run the first major resistance level at $11,746.\nSupport from the broader market would be needed for Bitcoin to break out from last week’s high $11,505.\nBarring another extended crypto rally, the first major resistance level would likely pin Bitcoin back.\nIn the event of a breakout, Bitcoin could test the second major resistance level at $12,108 before any pullback.\nFailure to avoid a fall through the $11,144 pivot would bring the first major support level at $10,782 into play.\nBarring an extended sell-off, Bitcoin should steer clear of sub-$10,500 support levels. The second major support level s **Last 60 Days of Bitcoin's Closing Prices:** [11784.14, 11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33, 10669.58, 10793.34, 10604.41, 10668.97, 10915.69, 11064.46, 11296.36, 11384.18] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-10-12 **Financial & Commodity Data:** - Gold Closing Price: $1922.50 - Crude Oil Closing Price: $39.43 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $209,787,212,509 - Hash Rate: 142937654.4874199 - Transaction Count: 314174.0 - Unique Addresses: 658073.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.52 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Blockchain-based lending and trading systems known as “decentralized finance,” or DeFi, have dominated recent cryptocurrency-market headlines, with collateral locked into the semi-automated platforms surging 10-fold this year to more than $9 billion. DeFi trading platforms like Uniswap, Curve and Balancer have appealed to cryptocurrency traders with their low cost and ease of use, and they’re now starting to steal a growing and no-longer-negligible share of market trading volumes from bigger, established exchanges like Binance, Coinbase, Huobi and OKEx. These “centralized” exchanges – the term is sometimes tossed around with a sneer – are rolling out new business initiatives they describe as decentralized, in an apparent bid to cash in on the trend and stanch a further exodus of customers. Related:Ethereum’s Pending Transactions Jump 30% After Uniswap’s Token Claim Begins Huobi, a Chinese-led cryptocurrency exchange based in Seychelles, announced Tuesday it is adding 10 new members to its DeFi initiative, described as “a consortium of centralized and decentralized financial services providers.” The announcement came just a day after Huobi’s arch-rival, OKEx, which is also Chinese-led but based in Malta, said its OKxChain network was the most decentralized public blockchain powered by an exchange. And last week, Binance, the world’s biggest cryptocurrency exchange, announced anintegrationof its centralized trading platform with its decentralized public blockchain, Binance Smart Chain (BSC). Binance CEO Changpeng “CZ” Zhao even seemed to acknowledge the threatduring his company’s recent “World of DeFi” summit, where he said, “It’s always better to disrupt yourself than having somebody else disrupt you first.” Running a decentralized exchange is cheaper, according to CZ. Related:Uniswap Launches Governance Token in Bid to Keep Up With Rival AMM SushiSwap And OKEx CEO Jay Hao told CoinDesk in an email that “it’s impossible to ignore the compelling promise of DeFi, and we are firm believers that it will succeed.” Charts ofbitcoinheld at big exchanges show declining balances over the past several weeks, and Simon Chen of the Hong Kong-based crypto trading firm Babel Finance says one likely explanation is that some of the cryptocurrency is getting transferred to DeFi. In August, DEXs accounted for a 5% share of total crypto exchange volumes, according to a Sept. 14 report by the cryptocurrency-analysis firm Messari. The business is dominated by the “automated market makers” Uniswap, Curve and Balancer. “The exchange business has proven itself to be incredibly lucrative for crypto and automated market makers are starting to receive their slice of the pie,” Messari analyst Jack Purdy wrote in the report. Binance’s CZ said he will be “really happy on the day when decentralized exchanges replace centralized exchanges,” at least partly because the company’s BNB digital tokens “will be worth much more.” Su Zhu, CEO of the cryptocurrency-focused investment fund Three Arrows Capital, told CoinDesk in a Telegram message that centralized exchanges could still be a “gateway to DeFi, but not where users ultimately spend their time.” “The centralized exchanges will end up acting like a white label,” Zhu said. – Muyao ShenRead More:Binance, Huobi, OKEx Have FOMO for DeFi Bitcoin’s dip remained well supported ahead of the Federal Reserve’s rate decision, due at 18:00 UTC. The cryptocurrency found buyers below $10,700 during the Asian trading hours, but so far has failed to cross Tuesday’s high of $10,940. The cryptocurrency may rise above the $11,000 mark if the Fed announces more stimulus measures, having cut rates to zero, launched asset purchase programs and signaled tolerance for high inflation earlier this year. Analysts, however, expect the Fed to maintain the status quo and reiterate willingness to do more if required. According toBK Asset Management’s Kathy Lien, the focus will be on the Fed’s inflation and growth forecasts. The dollar will likely draw bids, pushing gold and bitcoin lower, if the central bank raises growth forecasts. – Omkar Godbole Read More:All Eyes on Fed Reserve Rate Announcement, as Bitcoin Fights for $11K Filecoin (FIL):Futures on decentralized data-storage network’s forthcoming token, currently at $18.50 in tether (USDT) terms, are trading “well above our cost basis,” investment firm Pantera Capital says. Bank regulators in 49 U.S. states, Washington, D.C., and Puerto Rico plan to make compliance for cryptocurrency companies simpler by consolidating supervisory exams (CoinDesk) ‘Crypto mom’ and Securities and Exchange Commissioner Hester Pierce says Unikrn fine of $6.1 million will have a chilling effect on innovation on the part of other firms (CoinDesk) A significant amount of cryptocurrencies passes through dark web marketplaces in Eastern Europe, according to Chainalysis (CoinDesk) Bitcoin CEO: MicroStrategy’s Michael Saylor Explains His $425M Bet on BTC (CoinDesk) India reportedly moving to ban trading of cryptocurrencies, threatening blow to rapidly growing scene in world’s second-most-populous country (CoinDesk) Circle’s Jeremy Allaire says Algorand will bring “over 1,000 tps and transaction fees of 1/20th cent to the USDC ecosystem” (Forbes) More than a third of fund managers, strategists and economists in a new survey say it may take a month or more after U.S. presidential elections until results are known (CNBC) Federal Reserve’s “commitment to stoking inflation could cause dramatic volatility in interest rates” (Reuters) Nvidia’s $40 billion ‘Arm’ deal faces risks and industry pushback as China looks to remove US tech from its supply chain (Nikkei Asian Review) • First Mover: Binance’s CZ Doesn’t Even Dispute That DeFi Might Be Inevitable • First Mover: Binance’s CZ Doesn’t Even Dispute That DeFi Might Be Inevitable... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11425.90, 11429.51, 11495.35, 11322.12, 11358.10, 11483.36, 11742.04, 11916.33, 12823.69, 12965.89
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["International financial authorities and 20 of the world’s largest economies are establishing official standards for regulating and issuing sovereign digital currencies. The Group of Twenty (G20) – an organization of finance ministers and central bank governors representing the European Union and 19 countries across every continent – said in a report Tuesday it is working with the International Monetary Fund (IMF), the World Bank and the Bank for International Settlements (BIS) to formalize the use of central bank digital currencies (CBDC) in banking systems. According to the report, by the end of 2022 the G20 members, the IMF, the World Bank and the BIS will have completed regulatory stablecoin frameworks and research and selection of CBDC designs, technologies and experiments. Related: How Investors Are Trading the Election Stablecoins are digital currencies that are often linked to physical currencies such ad the U.S. dollar. The IMF and the World Bank will have the technical capabilities to facilitate CBDC transactions involving the countries by the end of 2025, the report said. The countries will “examine the scope for new multilateral platforms, global stablecoin arrangements and central bank digital currencies to address the challenges that cross-border payments face without compromising on minimum supervisory and regulatory standards to control risks to monetary and financial stability,” said the G20 Financial Stability Board (FSB), a body formed after the 2008 financial crisis. Multinational alliances The G20 roadmap on stablecoins follows a joint report released by seven central banks last week through the BIS in sketching out a transnational front around nationalized digital currencies. Last week’s report, authored by the United States Federal Reserve, the Bank of Canada, the European Central Bank (ECB), the Bank of England (BOE), the Swiss National Bank, Sweden’s Sveriges Riksbank and the Bank of Japan (BOJ), outlined properties the central banks would require from CBDCs in their countries. Story continues Related: BOJ's Kuroda Says Central Bank Will Start CBDC Experiments in Spring: Report The North American, European and Japanese banks said CBDCs would need to be interchangeable with existing money forms and resemble cash in its ease of use in a swathe of payment types at little or no cost. CBDC systems should also connect to legacy financial technologies, settle high volumes of transactions instantaneously around the clock, be impervious to cyberattacks and outages, and comply with regulations and monitoring that apply to money already in circulation and that retain central bank power, the report said. CBDCs could improve cross-border payments, counter Facebook libra-like corporate digital currencies and transfer emergency fund payments to consumers during the coronavirus pandemic, the report said. But CBDCs would not be anonymous and self-running, the report said, diverging from the virtual currencies whose distributed ledger technology they would borrow. Bitcoin transactions run on a blockchain network that masks and silos personal data from central actors, while central banks would maintain access and visibility into CBDC payments and identities. The ECB and the BOJ also stated this month they were looking into issuing CBDCs. An ECB report said a decision to issue a digital euro would be announced next April. BOJ officials have said digital yen experiments are starting in the spring and called for a concerted effort to match China’s digital yuan, the most expansive central bank digital currency being trialed yet. CORRECTION (Oct. 13, 2020, 01:50 UTC): Changes to G20 from G7 throughout. Related Stories IMF, World Bank, G20 Countries to Create Central Bank Digital Currency Rules IMF, World Bank, G20 Countries to Create Central Bank Digital Currency Rules", "International financial authorities and 20 of the world’s largest economies are establishing official standards for regulating and issuing sovereign digital currencies.\nThe Group of Twenty (G20) – an organization of finance ministers and central bank governors representing the European Union and 19 countries across every continent – said ina reportTuesday it is working with the International Monetary Fund (IMF), the World Bank and the Bank for International Settlements (BIS) to formalize the use of central bank digital currencies (CBDC) in banking systems.\nAccording to the report, by the end of 2022 the G20 members, the IMF, the World Bank and the BIS will have completed regulatory stablecoin frameworks and research and selection of CBDC designs, technologies and experiments.\nRelated:How Investors Are Trading the Election\nStablecoins are digital currencies that are often linked to physical currencies such ad the U.S. dollar. The IMF and the World Bank will have the technical capabilities to facilitate CBDC transactions involving the countries by the end of 2025, the report said.\nThe countries will “examine the scope for new multilateral platforms, global stablecoin arrangements and central bank digital currencies to address the challenges that cross-border payments face without compromising on minimum supervisory and regulatory standards to control risks to monetary and financial stability,” said the G20 Financial Stability Board (FSB), a body formed after the 2008 financial crisis.\nThe G20 roadmap on stablecoins followsa joint reportreleased by seven central banks last week through the BIS in sketching out a transnational front around nationalized digital currencies.\nLast week’s report, authored by the United States Federal Reserve, the Bank of Canada, the European Central Bank (ECB), the Bank of England (BOE), the Swiss National Bank, Sweden’s Sveriges Riksbank and the Bank of Japan (BOJ), outlined properties the central banks would require from CBDCs in their countries.\nRelated:BOJ's Kuroda Says Central Bank Will Start CBDC Experiments in Spring: Report\nThe North American, European and Japanese banks said CBDCs would need to be interchangeable with existing money forms and resemble cash in its ease of use in a swathe of payment types at little or no cost.\nCBDC systems should also connect to legacy financial technologies, settle high volumes of transactions instantaneously around the clock, be impervious to cyberattacks and outages, and comply with regulations and monitoring that apply to money already in circulation and that retain central bank power, the report said.\nCBDCs could improve cross-border payments, counter Facebook libra-like corporate digital currencies and transfer emergency fund payments to consumers during the coronavirus pandemic, the report said. But CBDCs would not be anonymous and self-running, the report said, diverging from the virtual currencies whose distributed ledger technology they would borrow.\nBitcointransactions run on a blockchain network that masks and silos personal data from central actors, while central banks would maintain access and visibility into CBDC payments and identities.\nThe ECB and the BOJ also stated this month they were looking into issuing CBDCs. An ECB report said a decision to issue a digital euro would be announced next April. BOJ officials have saiddigital yen experimentsare starting in the spring andcalled fora concerted effort to match China’s digital yuan, themost expansive central bank digital currencybeing trialed yet.\nCORRECTION (Oct. 13, 2020, 01:50 UTC):Changes to G20 from G7 throughout.\n• IMF, World Bank, G20 Countries to Create Central Bank Digital Currency Rules\n• IMF, World Bank, G20 Countries to Create Central Bank Digital Currency Rules", "Grayscale Investments announced Monday that its Grayscale Ethereum Trust (OTC: ETHE ) now operates as a United States Securities and Exchange Commission reporting company. What Happened: The trust, solely invested in Ethereum, will now begin to disclose the amounts of money flowing through it. \x93The Trust will now file its quarterly and annual reports, including its financial statements, on Form 10-Qs and 10-Ks with the SEC, along with current reports on Form 8-K, in addition to complying with all other obligations under the Exchange Act,\x94 Grayscale said in a statement . Why It Matters: The New York-based company said that accredited Investors who purchase shares in the trust can now sell them after a mandatory six-month holding period instead of the previous 12-month lock-in period. The Grayscale Bitcoin Trust (OTC: GBTC ) became an SEC reporting company in January this year. In July, Grayscale had announced that the Grayscale Bitcoin Cash Trust (OTC: BCHG ) and Grayscale Litecoin Trust (OTC: LTCN ) had been approved for public listing by the Financial Industry Regulatory Authority on the OTC markets. Price Action: Ethereum (ETH) traded 2.69% higher at $385.10 at press time. Bitcoin (BTC) traded 0.7% higher at $11,461.10. The Grayscale Ethereum Trust's shares closed 3.77% higher at $56.24 on Monday. See more from Benzinga Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas Johnson & Johnson Sued Over Failing To Deliver Promised Post-Merger Returns To Auris Investors Electric Vehicle Sales Set To Rise Threefold In Europe This Year: Report © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. View comments", "Grayscale Investments announced Monday that itsGrayscale Ethereum Trust(OTC:ETHE) now operates as a United States Securities and Exchange Commission reporting company.\nWhat Happened:The trust, solely invested in Ethereum, will now begin to disclose the amounts of money flowing through it.\n“The Trust will now file its quarterly and annual reports, including its financial statements, on Form 10-Qs and 10-Ks with the SEC, along with current reports on Form 8-K, in addition to complying with all other obligations under the Exchange Act,” Grayscale said in astatement.\nWhy It Matters:The New York-based company said that accredited Investo **Last 60 Days of Bitcoin's Closing Prices:** [11768.87, 11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33, 10669.58, 10793.34, 10604.41, 10668.97, 10915.69, 11064.46, 11296.36, 11384.18, 11555.36] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-10-13 **Financial & Commodity Data:** - Gold Closing Price: $1888.50 - Crude Oil Closing Price: $40.20 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $211,572,074,181 - Hash Rate: 159245977.48262888 - Transaction Count: 333215.0 - Unique Addresses: 732250.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.56 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Popular cryptocurrency exchange Binance has released Launchpool, a way for users to make income by staking tokens for so-called yield farming. • According to aBinance announcement on Sunday, users of Launchpool will be able to stake Binance’s BNB token and BUSD stablecoin, as well as the ARPA token, for interest-bearing rewards. • The first project to be hosted on Launchpool is Bella Protocol (BEL), which recently raised $4M in aseed fundinground led by Arrington XRP Capital. • The BEL project aims to fix the complex user experience issues related to DeFi assets, such as the need to hop among different protocols and platforms in search of higher yields. • Users will be able to stake their tokens in three separate pools to farm – earn profits by providing staked liquidity – BEL tokens over a 30 day period starting Wednesday. • A week later, on Sept. 16, Binance will list BEL for trading and open trading pairs on its exchange for BEL/BTC, BEL/BNB, BEL/BUSD and BEL/USDT. • The news comes on the heels of Binance’srecent mainnet launchof its smart contract-enabled blockchain and introduction of staking for its BNB token. • It alsolaunched a new DeFi-like platformlast week, allowing trades via an automated market maker exchange. • Staking involves committing funds as collateral onto an existing protocol in order to increase the liquidity of a project and brings voting rights to help decide on governance issues. • Stakers in such decentralized finance projects earn rewards in the form of interest ranging generally up to 10%, though it can be much higher, according toDeFi Rate. • For Launchpool, Binance is offering BEL rewards at 1% for users staking ARPA, 9% for staking BUSD and, it claims, 90% for staking BNB. See also:What Is Yield Farming? The Rocket Fuel of DeFi, Explained • Binance Unveils New Product for ‘Yield Farming’ Crypto Assets • Binance Unveils New Product for ‘Yield Farming’ Crypto Assets • Binance Unveils New Product for ‘Yield Farming’ Crypto Assets • Binance Unveils New Product for ‘Yield Farming’ Crypto Assets... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11429.51, 11495.35, 11322.12, 11358.10, 11483.36, 11742.04, 11916.33, 12823.69, 12965.89, 12931.54
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, fell by 1.02% on Tuesday. Partially reversing a 1.55% gain from Monday, Bitcoin ended the day at $11,442.0.\nIt was a mixed start to the day. Bitcoin rose to a late morning intraday high $11,574.9 before hitting reverse.\nFalling well short of the first major resistance level at $11,830, Bitcoin fell to an early afternoon intraday low $11,333.0.\nSteering clear of the first major support level at $11,201 Bitcoin briefly revisited $11,470 levels before easing back.\nThe near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Tuesday.\nBinance Coin (+0.26%), Bitcoin Cash ABC (+5.77%), Bitcoin Cash SV (+0.71%), and Ripple’s XRP (+0.25%) found support.\nIt was a bearish day for the rest of the majors. Chainlink and Crypto.com Coin slid by 3.84% and by 4.77% respectively to lead the way down.\nCardano’s ADA (-0.24%), Ethereum (-1.40%), Litecoin (-1.30%), and Polkadot (-0.35%) saw relatively modest losses on the day.\nAt the start of the week, the crypto total market slid to a Monday low $344.29bn before rising to a Monday high $365.23bn. At the time of writing, the total market cap stood at $355.63bn.\nBitcoin’s dominance rose to a Monday high 60.10% before falling to a Monday low 59.47%. At the time of writing, Bitcoin’s dominance stood at 59.66%.\nAt the time of writing, Bitcoin was up by 0.22% to $11,467.0. A mixed start to the day saw Bitcoin fall to an early morning low $11,427.0 before rising to a high $11,467.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a bullish start to the day.\nAt the time of writing, Chainlink was up by 1.72% to lead the way.\nBitcoin would need to avoid a fall back through the pivot level at $11,450 to bring the first major resistance level at $11,567 into play.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $11,500 levels.\nBarring an extended crypto rally, the first major resistance level and Tuesday’s high $11,574.9 would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test resistance at $11,700 before any pullback. The second major resistance level sits at $11,692.\nFailure to avoid a fall back through the $11,450 pivot would bring the first major support level at $11,325 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$11,200 levels. The second major support level at $11,208 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• Gold Price Futures (GC) Technical Analysis – Strengthens Over $1889.70, Weakens Under $1877.10\n• AUD/USD Forex Technical Analysis – Trader Reaction to .7170 Sets Early Tone\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Trade Though 12019 Confirms Reversal Top\n• Crude Oil Price Update – $40.63 to $41.50 Retracement Zone Controls Near-Term Direction\n• AUD/USD Forex Technical Analysis – Trader Reaction to .7170 Sets the Tone\n• NZD/USD Forex Technical Analysis – Weakens Under .6655, Strengthens Over .6689', 'Bitcoin, BTC to USD, fell by 1.02% on Tuesday. Partially reversing a 1.55% gain from Monday, Bitcoin ended the day at $11,442.0. It was a mixed start to the day. Bitcoin rose to a late morning intraday high $11,574.9 before hitting reverse. Falling well short of the first major resistance level at $11,830, Bitcoin fell to an early afternoon intraday low $11,333.0. Steering clear of the first major support level at $11,201 Bitcoin briefly revisited $11,470 levels before easing back. The near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Tuesday. Binance Coin (+0.26%), Bitcoin Cash ABC (+5.77%), Bitcoin Cash SV (+0.71%), and Ripple’s XRP (+0.25%) found support. It was a bearish day for the rest of the majors. Chainlink and Crypto.com Coin slid by 3.84% and by 4.77% respectively to lead the way down. Cardano’s ADA (-0.24%), Ethereum (-1.40%), Litecoin (-1.30%), and Polkadot (-0.35%) saw relatively modest losses on the day. At the start of the week, the crypto total market slid to a Monday low $344.29bn before rising to a Monday high $365.23bn. At the time of writing, the total market cap stood at $355.63bn. Bitcoin’s dominance rose to a Monday high 60.10% before falling to a Monday low 59.47%. At the time of writing, Bitcoin’s dominance stood at 59.66%. This Morning At the time of writing, Bitcoin was up by 0.22% to $11,467.0. A mixed start to the day saw Bitcoin fall to an early morning low $11,427.0 before rising to a high $11,467.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bullish start to the day. At the time of writing, Chainlink was up by 1.72% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $11,450 to bring the first major resistance level at $11,567 into play. Story continues Support from the broader market would be needed, however, for Bitcoin to break back through to $11,500 levels. Barring an extended crypto rally, the first major resistance level and Tuesday’s high $11,574.9 would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $11,700 before any pullback. The second major resistance level sits at $11,692. Failure to avoid a fall back through the $11,450 pivot would bring the first major support level at $11,325 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$11,200 levels. The second major support level at $11,208 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Futures (GC) Technical Analysis – Strengthens Over $1889.70, Weakens Under $1877.10 AUD/USD Forex Technical Analysis – Trader Reaction to .7170 Sets Early Tone E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Trade Though 12019 Confirms Reversal Top Crude Oil Price Update – $40.63 to $41.50 Retracement Zone Controls Near-Term Direction AUD/USD Forex Technical Analysis – Trader Reaction to .7170 Sets the Tone NZD/USD Forex Technical Analysis – Weakens Under .6655, Strengthens Over .6689', 'JPMorgan analysts said Tuesday thatSquare Inc’s(NYSE:SQ) recent $50 million Bitcoin investment is a marker of the potential of the cryptocurrency as an asset, CoinDeskreportedMonday.\nWhat Happened:The bank’s market strategists said in a report that the Jack Dorsey-led company is likely to make more Bitcoin purchases, according to CoinDesk.\nThe analysts reportedly said that other payment companies are likely to follow Square’s lead or risk being left out of a growing segment.\nThe New York-based bank’s strategists described Square’s move as a “strong vote of confidence for the future of bitcoin.”\nSquarepurchased4,709 bitcoins on Oct. 7 at an aggregate purchase price of $50 million, which puts the price of each unit at roughly $10,618. That investment is\xa0worth $53.91 million as of press time.\nWhy It Matters:The lender’s researchers made a note of purchases of Bitcoin by millennials through Square’s Cash app as well asMicroStrategy Incorporated’s(NYSE:MSTR)5 million purchaseof the cryptocurrency, which they say is indicative of demand outstripping supply in the third quarter at a greater level than the preceding quarter, according to Coinbase.\nThe analysts reportedly said that options contracts to Bitcoin have risen as institutional clients are inclined to deal with established exchanges like the Chicago Mercantile Exchange. The analysts also ascribed the rise in options to retail investor activity.\nThe fintech company had termed Bitcoin as “an instrument of economic empowerment and provides a way to participate in a global monetary system.”\nSquare CEO Jack Dorsey, who also leadsTwitter Inc(NYSE:TWTR), told Reuters last month that “Internet wants a currency” and Bitcoin is the “best manifestation of that thus far.”\nThe company’s second-quarter earnings indicate that its Bitcoin revenue rose 600%, with Cash App leading growth.\nPrice Action:Bitcoin traded 0.53% lower at $11,488.89 at press time. Square shares closed nearly 2.9% higher at $190.47 on Monday and gained 0.28% in the after-hours session.\nLatest Ratings for SQ\n[{"Oct 2020": "Sep 2020", "Susquehanna": "Wolfe Research", "Maintains": "Upgrades", "": "Peer Perform", "Positive": "Outperform"}, {"Oct 2020": "Sep 2020", "Susquehanna": "Credit Suisse", "Maintains": "Maintains", "": "", "Positive": "Outperform"}]\nView More Analyst Ratings for SQView the Latest Analyst Ratings\nSee more from Benzinga\n• Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas\n• Jack Dorsey Says Internet Wants A Currency And It\'s Bitcoin\n• Tesla-Heavy ETF Fund Gets Record 4M Inflow In A Day\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', "JPMorgan analysts said Tuesday that Square Inc\x92s (NYSE: SQ ) recent $50 million Bitcoin investment is a marker of the potential of the cryptocurrency as an asset, CoinDesk reported Monday. What Happened: The bank\x92s market strategists said in a report that the Jack Dorsey-led company is likely to make more Bitcoin purchases, according to CoinDesk. The analysts reportedly said that other payment companies are likely to follow Square\x92s lead or risk being left out of a growing segment. The New York-based bank\x92s strategists described Square\x92s move as a \x93strong vote of confidence for the future of bitcoin.\x94 Square purchased 4,709 bitcoins on Oct. 7 at an aggregate purchase price of $50 million, **Last 60 Days of Bitcoin's Closing Prices:** [11865.70, 11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33, 10669.58, 10793.34, 10604.41, 10668.97, 10915.69, 11064.46, 11296.36, 11384.18, 11555.36, 11425.90] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-10-14 **Financial & Commodity Data:** - Gold Closing Price: $1901.30 - Crude Oil Closing Price: $41.04 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $211,572,074,181 - Hash Rate: 142937654.4874199 - Transaction Count: 314541.0 - Unique Addresses: 680468.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.53 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: MicroStrategy has put even more of its treasury into bitcoin, Paxful is pulling out of Venezuela and the Bitmain power struggle appears to have found a short-term solution. Top shelf Bitcoin buy MicroStrategy, a business intelligence company, told the U.S. Securities and Exchange Commission on Monday it “may increase” its BTC holdings beyond the $250 million haul purchased in August. The morning after: it did. Microstrategy has acquired an additional $175 million worth of BTC in a single purchase. These blockbuster buys transformed much of MicroStrategy’s cash reserves into bitcoin , placing the Nasdaq-traded firm among Wall Street’s most notable bitcoin bulls. Future allocations would continue down the treasury allocation path. On Sept. 11, the board formally recognized bitcoin as MicroStrategy’s “primary treasury reserve asset on an ongoing basis.” Binance abets? Binance has been accused of “aiding and abetting” the theft of $60 million in cryptocurrency in 2018. Crypto exchange Zaif, now called Fisco, has said hackers transferred 1,451 bitcoin (~$9.4 million at the time) to an address belonging to Binance and used the exchange’s minimal know-your-customer and trading procedures to launder the money. The exchange is now seeking repayment for the allegedly laundered funds and other damages. Interestingly, Fisco is bringing the case in a California district court in part because “critical components” of Binance’s business, such as its AWS servers, are located in the U.S. state. Related: First Mover: Bitcoin Investors the Sane Ones as Federal Reserve Cheers Inflation, Price Nears $11K Power struggle Has Bitmain’s power struggle come to an end? An updated Chinese business registration record shows co-founder Jihan Wu is once again legal representative and executive director of the bitcoin (BTC) miner maker giant, replacing rival co-founder Micree Zhan. CoinDesk’s Wolfie Zhou has reported Zhan was ousted from the company last October but regained control earlier this year. He remains a general manager of the firm, according to the business record. “Since 2020, the management’s feud has damaged Bitmain’s market shares and its brand image. We have lost customers and employees were forced to take sides,” Bitmain said in a post. While it seems things are settling down, the two co-founders are still engaged in a legal battle in the Cayman Island courts. Goodbye market “Increasingly strict” regulations are to blame of Paxful’s decision to pull out of the Venezeulan crypto market, according to a video tweeted Monday. The P2P exchange has suspended account creation and has said existing users will have 30 days to withdraw their funds. Paxful was Venezuela’s second-largest P2P outlet, CoinDesk’ Danny Nelson reports, adding the nation’s crypto traders heavily favor P2P crypto exchanges like market leader LocalBitcoins over government-approved alternatives. Rampant inflation, unbanked population and high mobile phone usage have long appealed to the company, CEO Ray Youssef said, but ultimately local regulations and U.S. sanctions prevailed. Story continues Testy about tether The New York Attorney General’s office is losing patience with Bitfinex and Tether in a long-simmering legal battle. NYAG Senior Enforcement Counsel John Castiglione filed a letter Monday calling for the crypto firms to comply with a 17-month-old document production order detailing financial information within the next two months. The watchdog is looking for communications about Tether’s loans, loans to third parties and a list of U.S. or New York customers who had funds on Crypto Capital, a bank allegedly at the center of the investigation into the loss of  $1 billion in customer funds. Defendants responded saying the injunction was overly broad, saying asking for information about all tethers is like “asking GM for all documents about cars.” Quick bites Nigeria’s SEC Says All Crypto Assets Are Securities by Default (Paddy Baker/CoinDesk) Brock Pierce Served Court Papers for Fraud Lawsuit at His Own Presidential Campaign Rally (Sebastian Sinclair/CoinDesk) Thai Central Bank’s New Blockchain-Enabled Bond Infrastructure Passes Test With $1.6B Bond Sale (Jaspreet Kalra/CoinDesk) Top Banks Lose $635 Billion in Market Cap During 2020 (Shaurya Malwa/Decrypt) Measuring Bitcoin’s Decentralization (Coin Metrics) At stake File away? Filecoin, the much-anticipated distributed file sharing protocol, is nearing its mainnet launch. Related: Blockchain Bites: Big Bitcoin Bets, SushiSwap Drops, bZx Attacked After years of development, funded by a $257 million initial coin offering in 2017, the project that looks to unseat the dominant cloud services business – Amazon, Microsoft and Google – and content delivery networks like Cloudflare is targeting mid-September for launch. CoinDesk’s Brady Dale reports Filecoin is entering the fray as data hosting costs only continue to drop, potentially endangering the protocol’s business model. But Juan Benet, Filecoin’s creator, has a longer-term vision for the development of the internet. Specifically, the project is wagering there will be increasing demand for a new type of data storage: redundant, immutable and radically accessible. “Unlike centralized cloud storage services, which back up data in ways clients can’t change or verify, Filecoin allows clients to easily express their own preferences for reliability and cost,” a new document released ahead of the network launch, “Engineering Filecoin’s Economy,” explains. Dale breaks down the economic mechanics that might make Filecoin a real competitor. This includes paying rewards for miners that secure the network and host the distributed data, ensuring that everything on the network has an upfront cost and treating all data as unique bits (known as content addressing). “Mining on Filecoin is largely about providing storage space using traditional storage systems. This is commodity hardware. Almost anyone with an internet connection can participate,” Dale writes. While Filecoin has been beset by delays in the past, a growing enthusiasm in China and the success of its testnet may point to a successful launch. Market intel Cautiously bullish Bitcoin (BTC) has crossed into bullish territory, but prices remain vulnerable to a potential sell-off in stocks, CoinDesk’s Omkar Godbole reports. The leading cryptocurrency jumped above $10,700 on Monday, confirming an upside break of 10-day-long price consolidation. While the breakout has exposed resistances at $11,000–$11,200, Matthew Dibb, co-founder and COO of Stack Funds, said it’s too early to call an end of the price pullback from August highs above $12,400. “Previous sell-offs have been exacerbated by risk-off momentum in stocks, particularly the tech-heavy Nasdaq index,” Dibb told CoinDesk. “We remain cautiously bullish this week.” DeFi index Data company DeFi Pulse and investment-minded Set Protocol have created a permissionless index of top performing DeFi tokens, called the DeFiPulse Index. The weighted index, similar to the S&P 500, offers exposure to the booming DeFi field through one token, called DPI, which will track LEND, YFI, COMP, SNX, MKR, REN, KNC, LRC, BAL and REP. That order is arranged from the largest portion of the index (LEND at 18.3%) to the smallest (REP at 1.63%). The token is available on Uniswap, Set’s TokenSets, Zapper, Argent, Dharma and others. Tech pod Bitcoin smart contracts A new Bitcoin smart contract-enabling protocol developed by the Lightning Network Protocol and Bitcoin Protocol (LNP/BP) Standards Association is now in beta. Called RGB, the network could be used to issue tokenize securities and nonfungible tokens (NFT), and to offer a more private means of stablecoin issuance and transfer on the most popular blockchain. One of its architects, Giacomo Zucco, said it could also help outfit Bitcoin with the tokenizing capabilities that have made Ethereum the go-to blockchain for issuing tokenized assets like securities, collectibles, crypto dollars and more. Op-ed Oracles and enterprise Paul Brody, a Principal and Global Blockchain Leader at EY, thinks oracles can become a real part of the traditional business practices, but enterprises need third-party – read: auditors – access first. “Oracles are of immense importance to the future of blockchain commerce ecosystems. We cannot develop large-scale commerce without trusted inputs. We will need, however, to accommodate multiple approaches to certifying information, including ones that lean on off-chain judgement and verification, not just clever algorithms,” he writes. Podcast corner Geopolitics As Oracle wins a bid for TikTok U.S., The Breakdown cast explores how tech competition, culture competition and currency competition shape the business of geopolitics. Who won #CryptoTwitter? Related Stories Blockchain Bites: MicroStrategy’s BTC Buy, Bitmain’s Power Struggle, Paxful’s Goodbye Blockchain Bites: MicroStrategy’s BTC Buy, Bitmain’s Power Struggle, Paxful’s Goodbye View comments... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11495.35, 11322.12, 11358.10, 11483.36, 11742.04, 11916.33, 12823.69, 12965.89, 12931.54, 13108.06
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Grayscale Investments on Wednesday reported\xa0it received\xa0$1.05 billion in cryptocurrency investment products in the\xa0third quarter. What Happened: The New York-based investment firm, in its "Digital Asset Investment"\xa0report, said that it saw the largest\xa0single-quarter capital inflow in Q3. Its\xa0year-to-date investments have topped $2.4 billion —\xa0double the cumulative flow of $1.2 billion in the 2013-2019 period. The company’s Grayscale Bitcoin Trust (OTC: GBTC ) led investment demand,\xa0garnering inflows of $719.3 million in the period with assets under management growing 147%\xa0year-to-date. Demand also grew for other products — Grayscale Bitcoin Cash Trust (OTC: BCHG ), Grayscale Litecoin Trust (OTC: LTCN ), and Grayscale Digital Large Cap Fund (OTC: GDLC ) saw inflows rise by more than 1,400% quarter-over-quarter. Grayscale Ethereum Trust (OTC: ETHE ) drew 17% of inflows from new institutional investors. As much as 81% of the investments in the firm’s products came from institutional investors in the period. Why It Matters: On Monday, Grayscale said its Ethereum trust now operated as\xa0a\xa0U.S. Securities and Exchange Commission reporting company. The company’s Bitcoin Cash and Litecoin funds got approval for listing on the OTC markets by the Financial Industry Regulatory Authority in July. JPMorgan analysts said Tuesday that Square Inc’s (NASDAQ: SQ ) $50 million investment in Bitcoin signifies the cryptocurrency’s potential as an asset. The analysts also pointed to the $425 million Bitcoin purchase of MicroStrategy Incorporated (NASDAQ: MSTR ) as an indicator of demand for Bitcoin outstripping its supply in the third quarter. Price Action: Bitcoin traded 0.58% lower at $11,390.44 at press time, while Ethereum traded 1.6% lower at $377.32. See more from Benzinga Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas DeFi Craze Sees Uniswap Overtaking Coinbase In Monthly Trading Volume Justice Department Charges Five For Alleged M Cryptocurrency Mining Fraud © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Grayscale Investments on Wednesday reported\xa0it received\xa0$1.05 billion in cryptocurrency investment products in the\xa0third quarter.\nWhat Happened:The New York-based investment firm, in its "Digital Asset Investment"\xa0report, said that it saw the largest\xa0single-quarter capital inflow in Q3. Its\xa0year-to-date investments have topped $2.4 billion —\xa0double the cumulative flow of $1.2 billion in the 2013-2019 period.\nThe company’sGrayscale Bitcoin Trust(OTC:GBTC) led investment demand,\xa0garnering inflows of $719.3 million in the period with assets under management growing 147%\xa0year-to-date.\nDemand also grew for other products —Grayscale Bitcoin Cash Trust(OTC:BCHG),Grayscale Litecoin Trust(OTC:LTCN), andGrayscale Digital Large Cap Fund(OTC:GDLC) saw inflows rise by more than 1,400% quarter-over-quarter.\nGrayscale Ethereum Trust(OTC:ETHE) drew 17% of inflows from new institutional investors.\nAs much as 81% of the investments in the firm’s products came from institutional investors in the period.\nWhy It Matters:On Monday, Grayscale said its Ethereum trust now operated as\xa0a\xa0U.S. Securities and Exchange Commissionreportingcompany.\nThe company’s Bitcoin Cash and Litecoin funds got approval forlistingon the OTC markets by the Financial Industry Regulatory Authority in July.\nJPMorgan analysts said Tuesday thatSquare Inc’s(NASDAQ:SQ) $50 million investment in Bitcoin signifies the cryptocurrency’s potential as an asset. The analysts also pointed to the $425 million Bitcoin purchase ofMicroStrategy Incorporated(NASDAQ:MSTR) as an indicator of demand for Bitcoin outstripping its supply in the third quarter.\nPrice Action:Bitcoin traded 0.58% lower at $11,390.44 at press time, while Ethereum traded 1.6% lower at $377.32.\nSee more from Benzinga\n• Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas\n• DeFi Craze Sees Uniswap Overtaking Coinbase In Monthly Trading Volume\n• Justice Department Charges Five For Alleged M Cryptocurrency Mining Fraud\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'ZUG, Switzerland, Oct. 15, 2020 (GLOBE NEWSWIRE) --viaCryptoCurrencyWire--Alien Worlds (alienworlds.io), the NFT DeFi metaverse created by the team that pioneered the decentralised autonomous community (DAC) and tokenised block producer eosDAC, has sold out its inaugural NFT sale in the first-ever Dutch auction on the WAX Blockchain.\nAlien Worlds is the only NFT DeFi project cross-denominated on both Ethereum and WAX. Gamers farm the metaversal ERC-20 token, Trilium, using NFT land and tools. NFT cards confer gameplay advantages in mining and fighting, and power is expressed by participants staking the ERC-20 Trilium token to planets, each of which is a DAC with dedicated elected leadership.\nThe Alien Worlds inaugural Dutch NFT auction concluded on Oct. 10, 2020, and allowed gamers to secure Launch Packs at a range of prices. Launch Packs sold out well in advance of the conclusion of the auction, which was scheduled to run for 24 hours.\nBuyers opined on purchasing strategies in the active Alien Worlds Telegram channel during the lively auction and are keenly awaiting the four additional Alien Worlds NFT pack sales that will occur this autumn. Buyers paid the opening Dutch auction prices to secure “first mints,” which are popular among NFT collectors due to their ultra-rarity. As prices moved down through the price range, auction participants were determined to secure Alien Worlds NFT cards with better stats, which make mining and fighting more lucrative within the metaverse and which can later be “shined” for even greater gameplay efficiency.\nThe upcoming NFT auction schedule will be:\n• Oct. 23: Rare Pack Sale – 4,000 packs with greater probabilities of receiving Rare-type cards and some special cards reserved for this sale.\n• Nov. 6: Legendary Pack Sale – 3,000 packs with greater probabilities of receiving Legendary-type cards.\n• Nov. 20: eosDAC Pack Sale – Sale for eosDAC tokens with bonus probabilities.\n• Dec. 4: Special Land Pack Sale – The only chance to obtain Land NFTs.\nThe auctions take place on theAlien Worlds Sales websiteand offer parallel supply on Ethereum and WAX. NFT holders from Ethereum communities like Decentraland, Gods Unchained, Sandbox, RARI and Axie, as well as the growing WAX-based NFT communities, participate in tandem. Alien Worlds NFTs are available in the upcoming auction series, but the fungible Trilium token can only be obtained in-game through play. Alien Worlds co-founder and blockchain lead Michael Yeates has innovated the first cross-chain Ethereum-WAX methodology, which allows the fungible Trilium token to be recorded and transacted simultaneously across both blockchains.\n“The success of Alien Worlds’ first auction tells me our community understands how NFTs complement DeFi so synergistically,” said Alien Worlds co-founder Rob Allen. “People love NFTs because they are digital items you can use in gameplay and collect. People love DeFi because it’s an emerging application of blockchain through which we find sources of potential earnings and arrange those directly with peers. Within Alien Worlds there’s a home for both, because our project relies on both NFTs and the decentralised autonomous community or DAC structure, which allows users to decide how earnings are apportioned.”\nSince Ethereum is the home of DeFi and WAX is “the King of NFTs,” Alien Worlds sits at the crossroads of these advances in blockchain by being the first and only cross-denominated project. To strengthen this conjunction, Alien Worlds is reaching out to highly invested Ethereum NFT enthusiasts. The project has dropped Promo Packs of NFTs onto the top 6,400 NFT holders in Decentraland, RARI, Gods Unchained, Sandbox and Axie. Users can check if theymade the cutand claim their Promo Packs via alienworlds.io. Alien Worlds is also seekingETH Ambassadorsto help spread the word.\n“We’re excited to see how the community evolves this project, particularly in terms of ‘planets,’” said co-founder Sarojini McKenna. “Users choose where to stake their Trilium, and a planet with more Trilium staked to it will receive more rewards, which that planet can decide how to use – including paying its backers. The fact that each planet is its own DAC makes this truly decentralised, which we know from experience leads to an abundance of energy and creativity; wonderful things you never could have foreseen start happening.”\nAlien Worlds is set in a future in which some of Earth’s inhabitants have discovered a way to escape the raging pandemics on Earth through a wormhole revealed to them by an advanced alien race, which sent messages through Bitcoin mining algorithms. To build a fairer economy, everything in the Alien Worlds metaverse was tokenised.\nNow, the Alien Worlds “Star Route” or roadmap, published on the project’s website, includes the launch of the beta Unity user interface, the opening of the “shining” functionality in which NFTs can be combined to create rarer items, and the commencement of battling using NFT weapons and minions in the Thunder Dome. Further developments in the metaversal narrative arc, sometimes precipitated by guidance from an Ancient Alien AI, will be ongoing.\nAbout Alien Worlds(alienworlds.io): Alien Worlds is a smart-contract decentralised metaverse combining DeFi farming with NFT card-based strategy play. Alien Worlds has partnered with a game engineering studio to create the metaversal UI, which will call blockchain commands seamlessly so anyone can explore, earn, battle and stake in Alien Worlds. For more information, join ourTelegramorDiscordor refer to ourBlockchain Technical Blueprint.\nAboutDacoco(dacoco.io): Alien Worlds creators Dacoco GmbH are based in Zug’s Crypto Valle **Last 60 Days of Bitcoin's Closing Prices:** [11892.80, 12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33, 10669.58, 10793.34, 10604.41, 10668.97, 10915.69, 11064.46, 11296.36, 11384.18, 11555.36, 11425.90, 11429.51] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-10-15 **Financial & Commodity Data:** - Gold Closing Price: $1903.20 - Crude Oil Closing Price: $40.96 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $212,885,155,350 - Hash Rate: 144856280.7221504 - Transaction Count: 340993.0 - Unique Addresses: 743078.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.56 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • South Korean outfit W.T.C wins the main event BTC Troop Showdown • W.T.C member junki84 reigns in personal P&L in the main event with a staggering 5242.02% finish; he also dominates in the USDT Solo Throwdown with a stunning 4974.22% P&L • SalsaTekila, second in personal P&L (3956.56%), leads his troop Jalapeño to a second position finish • Live Traders Suck, a troop captained by poker star Mike McDonald, comes third SINGAPORE / ACCESSWIRE / September 3, 2020 /The inaugural World Series of Trading (WSOT), the world's largest cryptocurrency trading event, concluded on August 31 amid much fanfare. South Korean outfit W.T.C cruised to a convincing victory at the main event "BTC Troop Showdown", reaping a massive 35 BTC top prize. The competition was powered by Bybit, and drew 135 teams and 12,368 participating traders from around the world to contend with their peers in the main event BTC Troop Showdown and individual event USDT Solo Throwdown. Participants successfully unlocked a 100 BTC prize pool in BTC Troop Showdown, and an additional 90,000 USDT price pool in USDT Solo Throwdown. The unprecedented combined prize pool amounted to $1.27 million. Trader junki84 of W.T.C vaulted into the top position in personal P&L in the main event with a 5242.02% finish. He was also triumphant in the USDT Solo Throwdown with a 4974.22% P&L. Trader SalsaTekila clinched second position in personal P&L (3956.56%), and propelled his troop Jalapeño to a second position finish. Coming third was the ironically named "Live Traders Suck", a troop captained by poker star Mike McDonald, whose personal catchphrase is "Live Players Suck", a reference to certain mean-spirited poker players he encountered early in his poker career. "We are honored to bring the exhilaration of competitive trading to the crypto community with WSOT, and grateful for the incredible enthusiasm and support the competition has received," said Ben Zhou, co-founder and CEO of Bybit. "WSOT will return even bigger and better in the next edition." This summer's edition of WSOT took traders on a journey through the galaxy with space-themed events and competitions. Participating traders enjoyed many perks throughout the tournament, including bonuses, trading fee discounts, and exclusive WSOT merchandise. The grand prize pool for the main event was a record-breaking 100 BTC, doubling the 2019 "Bybit Games: BTC Brawl" prize pool of 50 BTC. Another significant milestone for Bybit during WSOT was apartnership with UNICEF New Zealand, in which a cryptocurrency donation equivalent of more than $100,000 (10 BTC, 5 BTC from the WSOT prize pool, 5 BTC from Bybit) was made to assist in UNICEF's efforts in helping vulnerable children recover from the fallout of the current global pandemic. About WSOT The World Series of Trading (WSOT) is a major global trading competition powered by Bybit. The competition aims to champion the spirit of competition, fair play, and cultivate camaraderie between crypto derivatives traders from all over the world, with the ultimate goal of creating positive change in the crypto space. About Bybit Bybit is a cryptocurrency derivatives trading platform established in March 2018. The company is registered in the British Virgin Islands (BVI), and provides online trading services to individual retail clients as well as professional derivatives traders. Dan [email protected] SOURCE:Bybit View source version on accesswire.com:https://www.accesswire.com/604651/World-Series-of-Trading-WSOT-Winners-Walk-Away-With-Whopping-127M-in-Prizes... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11322.12, 11358.10, 11483.36, 11742.04, 11916.33, 12823.69, 12965.89, 12931.54, 13108.06, 13031.17
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 0.60% on Thursday. Following a 0.02% decline on Wednesday, Bitcoin ended the day at $11,509.0. It was a bearish start to the day. Bitcoin fell to a late morning intraday low $11,277 before making a move. The morning pullback saw Bitcoin fall through the first major support level at $11,311. Finding support going into the afternoon, however, Bitcoin struck a late intraday high $11,632. Bitcoin broke through the first major resistance level at $11,566 before falling back to sub-$11,500 levels. Finding late support, however, Bitcoin broke back through to $11,500 levels to end the day in the green. Resistance at $11,500 continued to peg Bitcoin back, however. The near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Thursday. Binance Coin (+1.69%), Bitcoin Cash ABC (+1.04%), and Bitcoin Cash SV (-0.14%) joined Bitcoin in the green. It was a bearish day for the rest of the majors. Polkadot led the way down, falling by 3.00%. Chainlink (-1.20%), and Ripple’s XRP (-1.23%) also struggled. Cardano’s ADA (-0.36%), Crypto.com Coin (-0.29%), Ethereum (-0.28%), and Litecoin (-0.46%) saw relatively modest losses on the day. In the current week, the crypto total market slid to a Monday low $344.29bn before rising to a Monday high $365.23bn. At the time of writing, the total market cap stood at $353.67bn. Bitcoin’s dominance fell to a Monday low 59.47% before rising to a Thursday high 60.21%. At the time of writing, Bitcoin’s dominance stood at 60.19%. This Morning At the time of writing, Bitcoin was down by 0.06% to $11,502.0. A mixed start to the day saw Bitcoin fall to an early morning low $11,489.0 before rising to a high $11,512.0. Bitcoin left the major support and resistance levels untested early on. Story continues Elsewhere, it was a mixed start to the day for the crypto majors. Cardano’s ADA (-0.64%), Chainlink (-0.61%), Ethereum (-0.10%), Litecoin (-0.26%), Polkadot (-0.15%), and Ripple’s XRP (-0.09%) joined Bitcoin in the red. At the time of writing, Binance Coin was up by 0.56% to lead the way. Bitcoin Cash SV (+0.19%) and Crypto.com Coin (+0.14%) also found early support. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $11,473 to bring the first major resistance level at $11,668 into play. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,600 levels. Barring an extended crypto rally, the first major resistance level and Thursday’s high $11,632.0 would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $11,900 before any pullback. The second major resistance level sits at $11,828. Failure to avoid a fall through the $11,473 pivot would bring the first major support level at $11,313 into play. Barring an extended crypto sell-off, Bitcoin should to steer clear of the second major support level at $11,118. This article was originally posted on FX Empire More From FXEMPIRE: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 16th, 2020 Gold Price Futures (GC) Technical Analysis – Needs to Hold $1889.70 to Keep Support Base Intact Natural Gas Price Prediction – Prices Rise Following Inventory Report Brexit, the EU Summit, and the Pound – Boris Johnson to Announce Next Steps Oil Is Losing Ground Amid Virus Fears PNC Financial Third Quarter Profits Swell as Loan Provisions Shrink; Target Price $138 in Best Case', 'Bitcoin, BTC to USD, rose by 0.60% on Thursday. Following a 0.02% decline on Wednesday, Bitcoin ended the day at $11,509.0.\nIt was a bearish start to the day. Bitcoin fell to a late morning intraday low $11,277 before making a move.\nThe morning pullback saw Bitcoin fall through the first major support level at $11,311.\nFinding support going into the afternoon, however, Bitcoin struck a late intraday high $11,632.\nBitcoin broke through the first major resistance level at $11,566 before falling back to sub-$11,500 levels.\nFinding late support, however, Bitcoin broke back through to $11,500 levels to end the day in the green. Resistance at $11,500 continued to peg Bitcoin back, however.\nThe near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Thursday.\nBinance Coin (+1.69%), Bitcoin Cash ABC (+1.04%), and Bitcoin Cash SV (-0.14%) joined Bitcoin in the green.\nIt was a bearish day for the rest of the majors.\nPolkadot led the way down, falling by 3.00%.\nChainlink (-1.20%), and Ripple’s XRP (-1.23%) also struggled.\nCardano’s ADA (-0.36%), Crypto.com Coin (-0.29%), Ethereum (-0.28%), and Litecoin (-0.46%) saw relatively modest losses on the day.\nIn the current week, the crypto total market slid to a Monday low $344.29bn before rising to a Monday high $365.23bn. At the time of writing, the total market cap stood at $353.67bn.\nBitcoin’s dominance fell to a Monday low 59.47% before rising to a Thursday high 60.21%. At the time of writing, Bitcoin’s dominance stood at 60.19%.\nAt the time of writing, Bitcoin was down by 0.06% to $11,502.0. A mixed start to the day saw Bitcoin fall to an early morning low $11,489.0 before rising to a high $11,512.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day for the crypto majors.\nCardano’s ADA (-0.64%), Chainlink (-0.61%), Ethereum (-0.10%), Litecoin (-0.26%), Polkadot (-0.15%), and Ripple’s XRP (-0.09%) joined Bitcoin in the red.\nAt the time of writing, Binance Coin was up by 0.56% to lead the way. Bitcoin Cash SV (+0.19%) and Crypto.com Coin (+0.14%) also found early support.\nBitcoin would need to avoid a fall through the pivot level at $11,473 to bring the first major resistance level at $11,668 into play.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $11,600 levels.\nBarring an extended crypto rally, the first major resistance level and Thursday’s high $11,632.0 would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test resistance at $11,900 before any pullback. The second major resistance level sits at $11,828.\nFailure to avoid a fall through the $11,473 pivot would bring the first major support level at $11,313 into play.\nBarring an extended crypto sell-off, Bitcoin should to steer clear of the second major support level at $11,118.\nThisarticlewas originally posted on FX Empire\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 16th, 2020\n• Gold Price Futures (GC) Technical Analysis – Needs to Hold $1889.70 to Keep Support Base Intact\n• Natural Gas Price Prediction – Prices Rise Following Inventory Report\n• Brexit, the EU Summit, and the Pound – Boris Johnson to Announce Next Steps\n• Oil Is Losing Ground Amid Virus Fears\n• PNC Financial Third Quarter Profits Swell as Loan Provisions Shrink; Target Price $138 in Best Case', 'VANCOUVER, BC / ACCESSWIRE / October 15, 2020 / HIVE Blockchain Technologies Ltd. (TSXV:HIVE)(OTCQX:HVBTF)(FSE:HBF) (the "Company" or "HIVE") announces its results for the first quarter ended June 30, 2020 (all amounts in US dollars, unless otherwise indicated). The Company\'s Management will host a webcast on Friday, October 16, 2020 at 10:00 am Eastern Time to discuss the Company\'s financial results. Click here to register for the webcast. "The first quarter marked an important period of transition for HIVE as we completed the assumption of direct control of our data centre operations from our former strategic partner and diversified our operations through the acquisition of our data centre facility in Canada to complement our Ethereum mining data centres in Europe, all of which are powered by green energy, which produce coins such as Ethereum and Bitcoin continuously in the cloud" said Frank Holmes, Interim Executive Chairman of HIVE. "Our gross mining margins from Ethereum mining increased during the quarter due to the combination of an increase in our mining output of Ethereum and our lower cost to mine Ethereum, which has been driven by a significant reduction in energy costs in Sweden and lower operating cost structure in Iceland achieved through our assumption of direct control of these operations. "As the largest public miner of Ethereum, this improvement in operational efficiency proved beneficial as Ethereum prices have risen through the year, and the explosion of DeFi applications usage on the Ethereum network drove a significant increase in the fees paid to miners over the summer and resulted in a record amount of Ethereum mined for HIVE during the most recent quarter ending September 30. "We have been utilizing the resulting positive cash flows from our Ethereum mining to support our Bitcoin mining operations as it continues to scale up with next generation mining equipment post the halving of Bitcoin rewards in May. Story continues "We have also undertaken a program to upgrade and expand our GPU equipment to maintain our Ethereum mining industry footprint. We are hopeful to complete this project by the end of 2020 though the negative impact on the global supply chain related to the COVID-19 pandemic does present challenges including increased shipping costs, obtaining equipment from China on a timely basis, and preventing the movement of technical teams across our locations in Europe. We will keep shareholders updated on our progress in our next quarterly update, anticipated near the end of November." Q1 F2021 Highlights Generated income from digital currency mining of $6.6 million Generated gross mining margin 1 of $2.6 million, or 39% o **Last 60 Days of Bitcoin's Closing Prices:** [12254.40, 11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33, 10669.58, 10793.34, 10604.41, 10668.97, 10915.69, 11064.46, 11296.36, 11384.18, 11555.36, 11425.90, 11429.51, 11495.35] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-10-16 **Financial & Commodity Data:** - Gold Closing Price: $1900.80 - Crude Oil Closing Price: $40.88 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $212,885,155,350 - Hash Rate: 148693533.1916113 - Transaction Count: 324647.0 - Unique Addresses: 712317.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.52 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Tron’s TRX token is back at it again with a stunning 11.34% rise to the upside against its Bitcoin trading pair. Justin Sun’s controversial project is now more than 302% up from its yearly low of $0.0086 in March, with it currently commanding a valuation of $0.0337. Earlier this week TRX, which has a market cap of $2.4 billion , surged to a high of $0.0497 in spite of a wider market sell-off that saw Bitcoin fall to as low as $9,910. While there has been some confusion as to why TRX rose while the rest of the market sold-off, the reason is connected to the recent rise in popularity and optimism around decentralised finance (DeFi). TRXUSD chart by TradingView With the vast majority of DeFi activity and yield farming is taking place on Ethereum, Tron founder Justin Sun has launched JustSwap, a token exchange protocol on Tron’s blockchain. In spite of its critics, Tron does boast fairly quick transactions with low fees, especially compared to the mounting Ethereum gas costs of late. This may lead to a potential exodus from those currently capitalising on the DeFi wave on the Ethereum chain, with more reliability being offer on the Tron chain. In terms of TRX’s chart, it remains in a clear uptrend but needs to ensure it continues trading above the $0.0319 level of resistance turned support. For more news, guides and cryptocurrency analysis, click here .... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11358.10, 11483.36, 11742.04, 11916.33, 12823.69, 12965.89, 12931.54, 13108.06, 13031.17, 13075.25
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, fell by 1.62% on Friday. Reversing a 0.60% gain from Thursday, Bitcoin ended the day at $11,325.0.\nIt was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,547.0 before hitting reverse.\nFalling short of the first major resistance level at $11,668, Bitcoin fell to an early morning intraday low $11,212.0.\nThe morning pullback saw Bitcoin fall through the first major support level at $11,313.\nFinding support in the late morning, Bitcoin briefly revisited $11,400 levels before falling back through the first major support level.\nA late move back through to $11,320 levels reduced the deficit on the day. The late move also saw Bitcoin break back through the first major support level at $11,313.\nThe near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bearish day on Friday.\nBinance Coin (-4.18%), Bitcoin Cash ABC (-5.22%), and Bitcoin Cash SV (-5.16%) led the way down.\nCardano’s ADA (-2.25%), Ethereum (-3.26%), Litecoin (-3.87%), Polkadot (-2.81%), and Ripple’s XRP (-2.31%) also struggled.\nChainlink (-1.57%) and Crypto.com Coin (-1.94%) saw relatively modest losses on the day.\nIn the current week, the crypto total market rose to a Monday high $365.23bn before falling to a Friday low $343.10. At the time of writing, the total market cap stood at $347.00bn.\nBitcoin’s dominance fell to a Monday low 59.47% before rising to a Friday high 60.45%. At the time of writing, Bitcoin’s dominance stood at 60.28%.\nAt the time of writing, Bitcoin was down by 0.25% to $11,297.0. A mixed start to the day saw Bitcoin rise to an early morning high $11,334.0 before falling to a low $11,290.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a bearish start to the day for the crypto majors.\nAt the time of writing, Bitcoin Cash SV was down by 1.68% to lead the way down.\nBitcoin would need to move through the pivot level at $11,361 to bring the first major resistance level at $11,511 into play.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $11,500 levels.\nBarring an extended crypto rally, the first major resistance level and Friday’s high $11,547.0 would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test resistance at $11,600 before any pullback. The second major resistance level sits at $11,696.\nFailure to move through the $11,361 pivot would bring the first major support level at $11,176 into play.\nBarring an extended crypto sell-off, Bitcoin should steer clear of the second major support level at $11,026.\nThisarticlewas originally posted on FX Empire\n• Silver Price Forecast – Silver Markets Have Gone Back and Forth\n• USD/JPY Weekly Price Forecast – Conflicting Candlesticks Show Consolidation\n• Gold Price Prediction – Prices Consolidate Despite Robust Retail Sales\n• Oil Is Set To Finish The Week Above The Key $40 Level\n• S&P 500 Weekly Price Forecast – Stock Markets Show Signs of Exhaustion\n• Gold Price Forecast – Gold Continues to Dance Around 50 Day EMA', 'Bitcoin, BTC to USD, fell by 1.62% on Friday. Reversing a 0.60% gain from Thursday, Bitcoin ended the day at $11,325.0. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,547.0 before hitting reverse. Falling short of the first major resistance level at $11,668, Bitcoin fell to an early morning intraday low $11,212.0. The morning pullback saw Bitcoin fall through the first major support level at $11,313. Finding support in the late morning, Bitcoin briefly revisited $11,400 levels before falling back through the first major support level. A late move back through to $11,320 levels reduced the deficit on the day. The late move also saw Bitcoin break back through the first major support level at $11,313. The near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Friday. Binance Coin (-4.18%), Bitcoin Cash ABC (-5.22%), and Bitcoin Cash SV (-5.16%) led the way down. Cardano’s ADA (-2.25%), Ethereum (-3.26%), Litecoin (-3.87%), Polkadot (-2.81%), and Ripple’s XRP (-2.31%) also struggled. Chainlink (-1.57%) and Crypto.com Coin (-1.94%) saw relatively modest losses on the day. In the current week, the crypto total market rose to a Monday high $365.23bn before falling to a Friday low $343.10. At the time of writing, the total market cap stood at $347.00bn. Bitcoin’s dominance fell to a Monday low 59.47% before rising to a Friday high 60.45%. At the time of writing, Bitcoin’s dominance stood at 60.28%. This Morning At the time of writing, Bitcoin was down by 0.25% to $11,297.0. A mixed start to the day saw Bitcoin rise to an early morning high $11,334.0 before falling to a low $11,290.0. Bitcoin left the major support and resistance levels untested early on. Story continues Elsewhere, it was a bearish start to the day for the crypto majors. At the time of writing, Bitcoin Cash SV was down by 1.68% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $11,361 to bring the first major resistance level at $11,511 into play. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,500 levels. Barring an extended crypto rally, the first major resistance level and Friday’s high $11,547.0 would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $11,600 before any pullback. The second major resistance level sits at $11,696. Failure to move through the $11,361 pivot would bring the first major support level at $11,176 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of the second major support level at $11,026. This article was originally posted on FX Empire More From FXEMPIRE: Silver Price Forecast – Silver Markets Have Gone Back and Forth USD/JPY Weekly Price Forecast – Conflicting Candlesticks Show Consolidation Gold Price Prediction – Prices Consolidate Despite Robust Retail Sales Oil Is Set To Finish The Week Above The Key $40 Level S&P 500 Weekly Price Forecast – Stock Markets Show Signs of Exhaustion Gold Price Forecast – Gold Continues to Dance Around 50 Day EMA', 'Institutions recently raised their bullish bets in bitcoin (BTC) futures listed on the Chicago Mercantile Exchange (CME) to the record level set last month amid signs of market maturity.\n• In the week ended Oct. 13, institutional investors increased long positions by over 9%, taking the tally of bullish bets to therecord highof 3,500 contracts reached in mid-September.\n• The numbers were revealed by the Commitment of Traders (COT) report published by the U.S. Commodity Futures Trading Commission (CFTC) on Friday.\n• The cryptocurrency’s price reached multi-week highs above $11,700 during the seven days to Oct. 1, confirming a breakout on technical charts.\n• BTC’s recent resilience to several exchange-related issues may have given institutions the confidence to increase their bullish bets.\n• The cryptocurrency remained largely bid above $10,000 earlier this month despite news of theKuCoin exchange hackand U.S. regulatorsbringing criminal and civil chargesagainst BitMEX.\n• Similarly, buyers defended support at $11,200 on Friday after prominent crypto exchange OKExsuspended withdrawals.\n• ‘Had these events happened last year, the [bearish] impact on bitcoin’s price would have been much greater,” Sui Chung, CEO of CF Benchmarks, said in a statement to CoinDesk.\n• The derivatives market is now less dependent on exchanges like BitMEX and OKEx than a year ago.\n• In September 2019, the two exchanges accounted for over 70% of the global BTC derivatives’ open interest. That number has now dropped to 40%.\n• As such, the cryptocurrency is less sensitive to exchange-related issues. That’s a testament to the growing maturity of the cryptocurrency space, according to Chung.\n• Speculators or leveraged funds – hedge funds and various types of money managers that, in effect, borrow money to trade – increased their short positions by 4% to 14,100 – the record low seen in August.\n• That does not necessarily imply bearish implications for price.\n• According toPatrick Heusser, a senior cryptocurrency trader at Zurich-based Crypto Broker AG, cash and carry trading may have pushed bearish bets to record highs.\n• “Cash and carry” is an arbitrage strategy that involves buying the asset on the spot market and taking a sell position in the futures market when the latter is trading at a significant premium to the spot price.\n• Futures prices converge with spot prices on the day of the expiry, yielding arisk-free returnto a carry trader.\nAlso read:Bitcoin Price Dips 3% on OKEx News, Analysts Aren’t Too Worried\n• Institutions Take Record Bullish Bets in Bitcoin Futures, Shrugging Off Exchange Missteps\n• Institutions Take Record Bullish Bets in Bitcoin Futures, Shrugging Off Exchange Missteps\n• Institutions Take Record Bullish Bets in Bitcoin Futures, Shrugging Off Exchange Missteps\n• Institutions Take Record Bullish Bets in Bitcoin Futures, Shrugging Off Exchange Missteps', 'Institutions recently raised their bullish bets in bitcoin (BTC) futures listed on the Chicago Mercantile Exchange (CME) to the record level set last month amid signs of market maturity.\n• In the week ended Oct. 13, institutional investors increased long positions by over 9%, taking the tally of bullish bets to therecord highof 3,500 contracts reached in mid-September.\n• The numbers were revealed by the Commitment of Traders (COT) report published by the U.S. Com **Last 60 Days of Bitcoin's Closing Prices:** [11991.23, 11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33, 10669.58, 10793.34, 10604.41, 10668.97, 10915.69, 11064.46, 11296.36, 11384.18, 11555.36, 11425.90, 11429.51, 11495.35, 11322.12] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-10-17 **Financial & Commodity Data:** - Gold Closing Price: $1900.80 - Crude Oil Closing Price: $40.88 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $212,885,155,350 - Hash Rate: 152419671.45957646 - Transaction Count: 275069.0 - Unique Addresses: 586741.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.56 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Cryptocurrency exchange Gemini Trust Company LLC is expanding into the U.K. after being granted an electronic-money license from the Financial Conduct Authority. The New York-based firm was founded by Tyler and Cameron Winklevoss, who after claiming Mark Zuckerberg took their idea for a social-networking website to start Facebook Inc., moved on to become entrepreneurs in the digital-asset industry. Gemini will now let U.K. consumers buy products with Bitcoin using regular debit cards as a funding source. Investors in cryptocurrency will similarly be able to fund digital wallets via bank payments such as CHAPS, without incurring foreign exchange fees. “London is one of the birthplaces of modern finance, and has a rich tradition of regulation, but also fosters an environment of innovation,” Tyler Winklevoss said in an interview, adding that regulation and trust are central to the operation of an exchange like Gemini for consumers. Bitcoin has been highly volatile since its 2009 debut, with few institutional investors seeing it as a viable long-term bet. Gemini will be secure, and offer protection against fraud and money laundering, the company said in a statement Thursday. In Europe, Gemini will have to compete against a slew of players, some of them regulated by the Financial Conduct Authority as well. In August, the U.K. regulator also approved Archax, an exchange that is due to launch in the fourth quarter. The agency said that all crypto exchanges operating in the country have to register by Jan. 10, 2021. But for now, Gemini is in a select club of registered firms, and it’s also already operational. Gemini is also in the licensing process in Singapore, Winklevoss said. On its home turf, Gemini faces off against its much-bigger rival, Coinbase Inc. It’s also a small exchange internationally, where crypto exchanges located in more loosely regulated jurisdictions rule. Globally, Gemini is the world’s 67th-largest crypto spot exchange, according to rankings site CoinMarketCap.com, which is owned by world’s largest crypto spot exchange, Binance. Gemini is also a New York trust company that’s regulated by the New York State Department of Financial Services. For more articles like this, please visit us atbloomberg.com Subscribe nowto stay ahead with the most trusted business news source. ©2020 Bloomberg L.P.... - Reddit Posts (Sample): [['u/AutoModerator', '[Daily Discussion] Saturday, October 17, 2020', 31, '2020-10-17 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n**Other ways to interact:**\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/', 'jcoki7', [['u/Damien_Targaryen', 20, '2020-10-17 06:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g92q4n0/', 'Really gotta thank COVID and all the FUD, all the uncertainty, for keeping Bitcoin’s price relatively stagnant. Accumulation of a lifetime.', 'jcoki7'], ['u/Knerd5', 20, '2020-10-17 07:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g92saie/', 'Suck up all the coins you can. The ride goin get wild.', 'jcoki7'], ['u/LongStrongHopiumDong', 13, '2020-10-17 12:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g939eq5/', 'The reality:\n\n> I’ll FOMO back in again in the upcoming $16k top;)', 'jcoki7'], ['u/_supert_', 18, '2020-10-17 12:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g939vs2/', 'This is a metalloid that may be a tad poisonous and has three allotropic forms; yellow, black and luminous evil cloud of doom. The Man is real and controls our world, which is why many people choose to fight him. Like, totally... . Reading sucks ass!.', 'jcoki7'], ['u/JaManSnowflake', 18, '2020-10-17 15:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g93pfxw/', "If the last bull run thought me anything, it's that FUD is really bitcoin publicity in disguise.", 'jcoki7'], ['u/_supert_', 22, '2020-10-17 15:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g93q3li/', "The towel was created by humans as a means to soak up fluids (water, lemonade, excess fluids after a group kitten huff, and the product of masturbation), but it has been determined through careful testing with a shpencil that towels are in fact highly intelligent and do not appreciate one bit being used to soak up fluids. . Essentially the risk of failure now is minimal, maybe nearly zero. In 2011 there were so many existential questions. . So the return will be less (I don't expect $1M) but I am comfortable with about half net worth in btc. 2 is the largest gathering of naked people which falls short of qualifying as an orgy. In fact I suffered a 70% draw down in short order. I can't see us touching 3k now. . So risk adjusted, I think it's a better trade now.. Arsenic (Latin for arse hole) is a chemical element in the periodic table that has the symbol As and atomic colour blue.. For more examples of negative thrust, see Masturbation (disambiguation). They also move away when used for a purpose they do not agree with, but it is so slow as to be undetectable to human eyesight... Illiterate? Write for free help!.", 'jcoki7'], ['u/warproxxx', 19, '2020-10-17 16:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g93rbag/', "I think its really impressive how the market just shrugged off the okex event. Okex is much much bigger exchange than people here are pretending it to be. Upto around 2018 OkEx/OkCoin was the shit. The exchange that led nearly every movements. And still today it's one of the biggest exchanges where significant market moving trades took place (remember those okex whale posts here that perfectly coincided with price rises from the fall in 3k?)\n\nChina is totally cracking down on that exchange. And, the market just shurgged it off as no big deal. It speaks so much about how mature bitcoin has become. Upto 2018 this would had been a -20% event. But now, it was like a no event. Like how the dollar dosen't react when a bank's executive gets taken away. I think it speaks volumes about about big and diversified bitcoin has become.", 'jcoki7'], ['u/jarederaj', 11, '2020-10-17 16:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g93tdk1/', 'Okay, that makes sense.\n\nYeah, volatility is nothing like it was. The price would drop 70% overnight because of a darknet market collapse. We had basically 1 exchange for a long time. At one point you hade to mine btc yourself or send a check to a dude in Mexico.\n\nStability keeps increasing, which demonstrates real value.', 'jcoki7'], ['u/cryptogrip', 16, '2020-10-17 16:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g93uwv4/', "I agree with this. I worked in tech and IT networking when a few friends were mining Bitcoin in the early days, and I was too wrapped up in the negatives around Bitcoin to allow my understanding of how disruptive technologies grow to benefit me. My most common experience with Bitcoin was helping businesses who had their storage drives encrypted by a hack, demanding 9k in Bitcoin by a specific time to release the data back to the owners. I didn't see then what I should have seen. I saw only risk and malicious use of Bitcoin. \n\nNow I realize that some of the best innovations in history stemmed from tech that was first used negatively. Bitcoin has matured immensely and is clearly here to stay. Kudos to anyone who was able to see this with an open mind a decade ago.", 'jcoki7'], ['u/ChartsCrypto', 11, '2020-10-17 17:58', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g943cuh/', "if 12k would just break we'd be at 14k+ before you know it. that is unless they want to snail it up.", 'jcoki7'], ['u/jarederaj', 13, '2020-10-17 18:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g9448oj/', 'I think 14k is going to take a couple months. The ping pong action between 20k and 14k is going to shake some people, though.', 'jcoki7'], ['u/LongStrongHopiumDong', 10, '2020-10-17 21:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g94omuj/', 'Wow. What a time to be alive. The chance to buy BTC at only $11k. These no-coiner plebs haven’t a clue, can’t wait to sell to ‘em.', 'jcoki7']]], ['u/MandelaNuke', 'Can I prove my BitCoin balance to a complete stranger, safely, over the Internet?', 10, '2020-10-17 07:59', 'https://www.reddit.com/r/Bitcoin/comments/jcpxee/can_i_prove_my_bitcoin_balance_to_a_complete/', 'I\'d like to prove, verifiably, to some contestants in a contest I\'m setting up; that I\'m on the level and I do indeed have a prize ready to give to the winner.\n\nI\'m not talking escrow, I don\'t know who specifically is taking the money yet, they haven\'t contested yet and it doesn\'t start for another 9 weeks.\n\nSo, I\'m trying to offer a cash prize, and to show off the bling on flyers and stuff.\n\nI can\'t write "Grand Prize 0.0005 BTC" because that looks fucking lame, right?\n\nWhat can be put on the poster to really get people\'s juices flowing?', 'https://www.reddit.com/r/Bitcoin/comments/jcpxee/can_i_prove_my_bitcoin_balance_to_a_complete/', 'jcpxee', [['u/[deleted]', 15, '2020-10-17 08:30', 'https://www.reddit.com/r/Bitcoin/comments/jcpxee/can_i_prove_my_bitcoin_balance_to_a_complete/g92x8eq/', 'You can prove it, just sign a message proving you own the bitcoin address. The functionality is built into electrum.', 'jcpxee'], ['u/redmamoth', 12, '2020-10-17 09:00', 'https://www.reddit.com/r/Bitcoin/comments/jcpxee/can_i_prove_my_bitcoin_balance_to_a_complete/g92z2fm/', 'I think you can sign a message, that proves you have the private keys for a specific address, therefor access to the full balance.', 'jcpxee'], ['u/ExisDiff', 16, '2020-10-17 09:55', 'https://www.reddit.com/r/Bitcoin/comments/jcpxee/can_i_prove_my_bitcoin_balance_to_a_complete/g9328pg/', 'You can, by signing a message appended to a bitcoin address you own. No one else but you can produce that particular signature associated with the bitcoin address you own. This is how: [https://bitcointalk.org/index.php?topic=990345.0#post\\_electrum198](https://bitcointalk.org/index.php?topic=990345.0#post_electrum198)', 'jcpxee'], ['u/gld6000', 10, '2020-10-17 15:47', 'https://www.reddit.com/r/Bitcoin/comments/jcpxee/can_i_prove_my_bitcoin_balance_to_a_complete/g93p3gc/', 'Have any skeptics send you some BTC and you will send them back DOUBLE just to prove it.', 'jcpxee']]], ['u/rBitcoinMod', 'Daily Discussion, October 17, 2020', 23, '2020-10-17 09:00', 'https://www.reddit.com/r/Bitcoin/comments/jcqlhu/daily_discussion_october_17_2020/', "Please utilize this sticky thread for all general **Bitcoin** discussions! If you see posts on ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11483.36, 11742.04, 11916.33, 12823.69, 12965.89, 12931.54, 13108.06, 13031.17, 13075.25, 13654.22
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 0.44% on Saturday. Partially reversing a 1.62% fall from Friday, Bitcoin ended the day at $11,375.0. It was a mixed start to the day. Bitcoin fell to an early morning low $11,290.0 before striking a mid-morning high $11,388.0. Leaving the major support and resistance levels untested, Bitcoin slid to an early afternoon intraday low $11,275.0. Steering clear of the first major support level at $11,176, Bitcoin hit a mid-afternoon intraday high $11,418.0 before easing back. Falling short of the first major resistance level at $11,511, Bitcoin fell back to end the day at sub-$11,400 levels. The near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Bitcoin Cash ABC (-1.52%), Bitcoin Cash SV (-0.19%), Crypto.com Coin (-1.91%), and Litcoin (-1.49%) saw red on the day.. Binance Coin (+0.53%), Cardano’s ADA (+1.61%), Chainlink (+0.31%), Ethereum (+0.80%), Polkadot (+1.16%), and Ripple’s XRP (+0.17%) joined Bitcoin in the green. In the current week, the crypto total market rose to a Monday high $365.23bn before falling to a Friday low $343.10. At the time of writing, the total market cap stood at $350.42bn. Bitcoin’s dominance fell to a Monday low 59.47% before rising to a Friday high 60.45%. At the time of writing, Bitcoin’s dominance stood at 60.19%. This Morning At the time of writing, Bitcoin was up by 0.14% to $11,391.0. A mixed start to the day saw Bitcoin fall to an early morning high $11,364.9 before rising to a high $11,410.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day for the crypto majors. Bitcoin Cash SV was down by 0.35% to buck the trend early on. It was a bullish start for the rest of the majors, however. Story continues At the time of writing, Binance Coin was up by 1.40% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $11,356 to bring the first major resistance level at $11,437 back into play. Support from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $11,418.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test the second major resistance level at $11,499. Failure to avoid a fall through the $11,356 pivot would bring the first major support level at $11,294 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$11,200 levels. The second major support level at $11,213 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: AUD/USD and NZD/USD Fundamental Daily Forecast – Rate Cut Chatter, Lower Risk Appetite Key Bearish Catalysts The Week Ahead – U.S Politics, COVID-19, Brexit, and Private Sector PMIs in Focus S&P 500 Weekly Price Forecast – Stock Markets Show Signs of Exhaustion The Weekly Wrap – Brexit, COVID-19, and U.S Politics Drive the Majors Arab SWFs Struggling with Rentier State Strategies Crude Oil Weekly Price Forecast – Crude Oil Markets Eke Out Gains', 'Bitcoin, BTC to USD, rose by 0.44% on Saturday. Partially reversing a 1.62% fall from Friday, Bitcoin ended the day at $11,375.0.\nIt was a mixed start to the day. Bitcoin fell to an early morning low $11,290.0 before striking a mid-morning high $11,388.0.\nLeaving the major support and resistance levels untested, Bitcoin slid to an early afternoon intraday low $11,275.0.\nSteering clear of the first major support level at $11,176, Bitcoin hit a mid-afternoon intraday high $11,418.0 before easing back.\nFalling short of the first major resistance level at $11,511, Bitcoin fell back to end the day at sub-$11,400 levels.\nThe near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nBitcoin Cash ABC (-1.52%), Bitcoin Cash SV (-0.19%), Crypto.com Coin (-1.91%), and Litcoin (-1.49%) saw red on the day..\nBinance Coin (+0.53%), Cardano’s ADA (+1.61%), Chainlink (+0.31%), Ethereum (+0.80%), Polkadot (+1.16%), and Ripple’s XRP (+0.17%) joined Bitcoin in the green.\nIn the current week, the crypto total market rose to a Monday high $365.23bn before falling to a Friday low $343.10. At the time of writing, the total market cap stood at $350.42bn.\nBitcoin’s dominance fell to a Monday low 59.47% before rising to a Friday high 60.45%. At the time of writing, Bitcoin’s dominance stood at 60.19%.\nAt the time of writing, Bitcoin was up by 0.14% to $11,391.0. A mixed start to the day saw Bitcoin fall to an early morning high $11,364.9 before rising to a high $11,410.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day for the crypto majors.\nBitcoin Cash SV was down by 0.35% to buck the trend early on.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Binance Coin was up by 1.40% to lead the way.\nBitcoin would need to avoid a fall through the pivot level at $11,356 to bring the first major resistance level at $11,437 back into play.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $11,418.0.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test the second major resistance level at $11,499.\nFailure to avoid a fall through the $11,356 pivot would bring the first major support level at $11,294 into play.\nBarring an extended crypto sell-off, Bitcoin should steer clear of sub-$11,200 levels. The second major support level at $11,213 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• AUD/USD and NZD/USD Fundamental Daily Forecast – Rate Cut Chatter, Lower Risk Appetite Key Bearish Catalysts\n• The Week Ahead – U.S Politics, COVID-19, Brexit, and Private Sector PMIs in Focus\n• S&P 500 Weekly Price Forecast – Stock Markets Show Signs of Exhaustion\n• The Weekly Wrap – Brexit, COVID-19, and U.S Politics Drive the Majors\n• Arab SWFs Struggling with Rentier State Strategies\n• Crude Oil Weekly Price Forecast – Crude Oil Markets Eke Out Gains', 'On Long Reads Sunday, a reading of a John Street Capital piece on the realities of a market characterized by zero-bound interest rates. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . This episode is sponsored by Crypto.com , Nexo.io and Elliptic . Related: Bitcoin News Roundup for Oct. 19, 2020 On this week’s Long Reads Sunday, NLW reads: “ Capital Allocation & Risk Asset Ramifications in a 0% Interest Rate World ” The piece examines how different asset classes – from stocks to bonds to bitcoin and beyond – fare in the context of a world where the Federal Reserve is determined to keep interest rates at or near zero for years to come. See also: ‘The Fed Meetings Are a Dead Spectator Sport’ – Best of The Breakdown September 2020 For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . Related Stories How Stocks, Bitcoin and Other Investments Fare in a 0% Interest Rate World How Stocks, Bitcoin and Other Investments Fare in a 0% Interest Rate World How Stocks, Bitcoin and Other Investments Fare in a 0% Interest Rate World', 'On Long Reads Sunday, a reading of a John Street Capital piece on the realities of a market characterized by zero-bound interest rates. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . This episode is sponsored by Crypto.com , Nexo.io and Elliptic . Related: Bitcoin News Roundup for Oct. 19, 2020 On this week’s Long Reads Sunday, NLW reads: “ Capital Allocation & Risk Asset Ramifications in a 0% Interest Rate World ” The piece examines how different asset classes – from stocks to bonds to bitcoin and beyond – fare in the context of a world where the Federal Reserve is determined to keep interest rates at or near zero for years to come. See also: ‘The Fed Meetings Are a Dead Spectator Sport’ – Best of The Breakdown September 2020 For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . Related Stories How Stocks, Bitcoin and Other Investments Fare in a 0% Interest Rate World How Stocks, Bitcoin and Other Investments Fare in a 0% Interest Rate World How Stocks, Bitcoin and Other Investments Fare in a 0% Interest Rate World', 'On Long Reads Sunday, a reading of a John Street Capital piece on the realities of a market characterized by zero-bound interest rates. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . This episode is sponsored by Crypto.com , Nexo.io and Elliptic . Related: Bitcoin News Roundup for Oct. 19, 2020 On this week’s Long Reads Sunday, NLW reads: “ Capital Allocation & Risk Asset Ramifications in a 0% Interest Rate World ” The piece examines how different asset cl **Last 60 Days of Bitcoin's Closing Prices:** [11758.28, 11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33, 10669.58, 10793.34, 10604.41, 10668.97, 10915.69, 11064.46, 11296.36, 11384.18, 11555.36, 11425.90, 11429.51, 11495.35, 11322.12, 11358.10] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-10-18 **Financial & Commodity Data:** - Gold Closing Price: $1900.80 - Crude Oil Closing Price: $40.88 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $210,716,633,203 - Hash Rate: 119288755.698985 - Transaction Count: 231557.0 - Unique Addresses: 512486.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.55 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: U.S. Bulk Carrier Acquisition Further Strengthens TFI’s U.S. Specialized Truckload Operations MONTREAL, Sept. 09, 2020 (GLOBE NEWSWIRE) -- TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced the acquisition of substantially all the assets of CCC Transportation (“CCC”) and related real estate and equipment. Primarily a bulk carrier, CCC was previously a subsidiary of Comcar Industries, Inc., which along with its other subsidiaries filed Chapter 11 petitions in the U.S. Bankruptcy Court on May 17, 2020. TFI International, which paid a total consideration of U.S. $6.8 million for CCC, its associated real estate and additional equipment, had purchased both CT Transportation and MCT Transportation as part of the same bankruptcy proceeding, as previously announced. Founded in 1953 and headquartered in Auburndale, FL, CCC is a leading truckload carrier in the Southeast U.S. and one of Florida's largest intrastate motor carriers, offering cement hauling services primarily in Georgia and Florida, as well as dry van, intermodal, dedicated fleets, logistics and retail direct delivery. CCC has approximately 80 drivers operating nearly 100 tractors and more than 80 trailers, and generates approximately U.S. $10 million in annual revenue. As part of the transaction, TFI also acquired real estate and more than 90 additional trailers. CCC Transportation will become part of TFI International’s Truckload segment. “We welcome the CCC team to the TFI family of companies and are pleased to strategically bring onboard several additional attractive assets of Comcar, following our earlier acquisitions of CT and MCT assets,” stated Alain Bédard, Chairman, President and Chief Executive Officer of TFI International. “CCC fits nicely with our existing BTC southern cement business and represents another important addition to our expanding specialized Truckload operations.” ABOUT TFI INTERNATIONALTFI International Inc. is a North American leader in the transportation and logistics industry, operating across the United States, Canada and Mexico through its subsidiaries. TFI International creates value for shareholders by identifying strategic acquisitions and managing a growing network of wholly-owned operating subsidiaries. Under the TFI International umbrella, companies benefit from financial and operational resources to build their businesses and increase their efficiency. TFI International companies service the following segments: • Package and Courier; • Less-Than-Truckload; • Truckload; • Logistics. TFI International Inc. is publicly traded on the New York Stock Exchange and the Toronto Stock Exchange under the symbol TFII. For more information, visitwww.tfiintl.com. For further information:Alain BédardChairman, President and CEOTFI International [email protected]... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11742.04, 11916.33, 12823.69, 12965.89, 12931.54, 13108.06, 13031.17, 13075.25, 13654.22, 13271.29
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['A Puerto Rico-based bank founded by gold bug and long-timebitcoinskeptic Peter Schiff is under investigation over suspicions it facilitated tax evasion for “high-risk” clients.\nAccording to reports on Saturday by several large media organizations in Australia and the U.S., Schiff’s Euro Pacific Bank has become the focus of a major global tax evasion investigation dubbed “Operation Atlantis.”\nHundreds of account holders at the bank, including 100 Australians considered “high risk,” are now being investigated over possible tax evasion and money laundering.\nRelated:Spain Working on Bill to Force Crypto Holders to Disclose Assets, Gains\nThese reportedly include Simon Anquetil, the man behind major Australian tax fraud Plutus Payroll, and Australian entrepreneur and film financier Darby Angel, who has previously been convicted for drug trafficking.\n“People can be investigated for all sorts of reasons [so it] doesn’t mean they did anything wrong,” Schiff said in a fiery interview with 60 Minutes Australia. “I’m not allowed to discuss it.”\nThe investigation is also said to be seeking the lawyers, accountants and financial firms that helped connect customers to Euro Pacific.\nInitiated by the U.K., the U.S., Australia, Canada and the Netherlands, Operation Atlantis began looking into Euro Pacific back in January of this year.\nRelated:IRS May Make It Harder to Avoid Declaring Crypto on Tax Returns\nThe effort was established by the countries’ top tax officials, known as the “Joint Five,” after it was discovered tax authorities were less than equipped to deal with the revelations arising from the “Panama Papers” scandal.\nAccording toThe Age, the bank’s former IT director, John Ogilvie, also claimed that data security was poor, putting Euro Pacific customers’ financial information at risk.\nHe claimed his computer had been hacked several times and that Russian bad actors had tried to extort a ransom of 1,000 bitcoin from the bank.\nA huge 2016 leak of documents, the Panama Papers shed light on how some of the world’s wealthiest people and firms have been hiding money and evading tax in off-shore accounts.\nSchiff has long been a critic of bitcoin, going so far as to describe those that promote the cryptocurrency as “frauds,” in a tweet on May 9.\nSee also:The FinCEN Files Show Banks Don’t Actually Care About Stopping Money Laundering\n• Bitcoin Critic Peter Schiff’s Bank Under Spotlight in Global Tax Probe\n• Bitcoin Critic Peter Schiff’s Bank Under Spotlight in Global Tax Probe', 'A Puerto Rico-based bank founded by gold bug and long-timebitcoinskeptic Peter Schiff is under investigation over suspicions it facilitated tax evasion for “high-risk” clients.\nAccording to reports on Saturday by several large media organizations in Australia and the U.S., Schiff’s Euro Pacific Bank has become the focus of a major global tax evasion investigation dubbed “Operation Atlantis.”\nHundreds of account holders at the bank, including 100 Australians considered “high risk,” are now being investigated over possible tax evasion and money laundering.\nRelated:Spain Working on Bill to Force Crypto Holders to Disclose Assets, Gains\nThese reportedly include Simon Anquetil, the man behind major Australian tax fraud Plutus Payroll, and Australian entrepreneur and film financier Darby Angel, who has previously been convicted for drug trafficking.\n“People can be investigated for all sorts of reasons [so it] doesn’t mean they did anything wrong,” Schiff said in a fiery interview with 60 Minutes Australia. “I’m not allowed to discuss it.”\nThe investigation is also said to be seeking the lawyers, accountants and financial firms that helped connect customers to Euro Pacific.\nInitiated by the U.K., the U.S., Australia, Canada and the Netherlands, Operation Atlantis began looking into Euro Pacific back in January of this year.\nRelated:IRS May Make It Harder to Avoid Declaring Crypto on Tax Returns\nThe effort was established by the countries’ top tax officials, known as the “Joint Five,” after it was discovered tax authorities were less than equipped to deal with the revelations arising from the “Panama Papers” scandal.\nAccording toThe Age, the bank’s former IT director, John Ogilvie, also claimed that data security was poor, putting Euro Pacific customers’ financial information at risk.\nHe claimed his computer had been hacked several times and that Russian bad actors had tried to extort a ransom of 1,000 bitcoin from the bank.\nA huge 2016 leak of documents, the Panama Papers shed light on how some of the world’s wealthiest people and firms have been hiding money and evading tax in off-shore accounts.\nSchiff has long been a critic of bitcoin, going so far as to describe those that promote the cryptocurrency as “frauds,” in a tweet on May 9.\nSee also:The FinCEN Files Show Banks Don’t Actually Care About Stopping Money Laundering\n• Bitcoin Critic Peter Schiff’s Bank Under Spotlight in Global Tax Probe\n• Bitcoin Critic Peter Schiff’s Bank Under Spotlight in Global Tax Probe', 'A Puerto Rico-based bank founded by gold bug and long-time bitcoin skeptic Peter Schiff is under investigation over suspicions it facilitated tax evasion for \x93high-risk\x94 clients. According to reports on Saturday by several large media organizations in Australia and the U.S., Schiff\x92s Euro Pacific Bank has become the focus of a major global tax evasion investigation dubbed \x93Operation Atlantis.\x94 Hundreds of account holders at the bank, including 100 Australians considered \x93high risk,\x94 are now being investigated over possible tax evasion and money laundering. Related: Spain Working on Bill to Force Crypto Holders to Disclose Assets, Gains These reportedly include Simon Anquetil, the man behind major Australian tax fraud Plutus Payroll, and Australian entrepreneur and film financier Darby Angel, who has previously been convicted for drug trafficking. \x93People can be investigated for all sorts of reasons [so it] doesn\x92t mean they did anything wrong,\x94 Schiff said in a fiery interview with 60 Minutes Australia. \x93I\x92m not allowed to discuss it.\x94 The investigation is also said to be seeking the lawyers, accountants and financial firms that helped connect customers to Euro Pacific. Initiated by the U.K., the U.S., Australia, Canada and the Netherlands, Operation Atlantis began looking into Euro Pacific back in January of this year. Related: IRS May Make It Harder to Avoid Declaring Crypto on Tax Returns The effort was established by the countries\x92 top tax officials, known as the \x93Joint Five,\x94 after it was discovered tax authorities were less than equipped to deal with the revelations arising from the \x93 Panama Papers \x94 scandal. According to The Age , the bank\x92s former IT director, John Ogilvie, also claimed that data security was poor, putting Euro Pacific customers\x92 financial information at risk. He claimed his computer had been hacked several times and that Russian bad actors had tried to extort a ransom of 1,000 bitcoin from the bank. Story continues A huge 2016 leak of documents, the Panama Papers shed light on how some of the world\x92s wealthiest people and firms have been hiding money and evading tax in off-shore accounts. Schiff has long been a critic of bitcoin, going so far as to describe those that promote the cryptocurrency as \x93frauds,\x94 in a tweet on May 9. See also: The FinCEN Files Show Banks Don\x92t Actually Care About Stopping Money Laundering Related Stories Bitcoin Critic Peter Schiff\x92s Bank Under Spotlight in Global Tax Probe Bitcoin Critic Peter Schiff\x92s Bank Under Spotlight in Global Tax Probe', "Blockchain\xa0uses the concept of\xa0distributed ledger technology to validate and store transactions over a peer-to-peer network. All records in the network are encrypted, anonymous, and cannot be altered once entered. The technology is best known for its utility in enabling peer-to-peer financial transactions, having been first implemented in\xa0Bitcoin (BTC),\xa0but its use has since been explored in several sectors, including supply chain management, healthcare, identity verification, media, real estate, and energy. Blockchain could also have immediate potential applications in the electric vehicle\xa0sector. Roadblocks To EV Adoption Electric vehicles are plagued by the problem of poor range and the lack of a distributed charging infrastructure versus their fossil fuel competitors. Models from Tesla Inc (NASDAQ: TSLA ) are the only electric vehicles to surpass the 300-mile threshold, with the Model S Long Range reaching 402\xa0miles per charge, according to Cars.com . The\xa0Chevrolet Bolt EV and Hyundai Kona Electric are Tesla’s closest competitors in this area, lurking around the 260-mile range. State governments in the U.S. are supporting the development of charging infrastructures . In July, New York announced a $750-million budget, and Florida approved $8.6 million for building charging infrastructure.\xa0California approved $437 million in funding in August. Yet\xa0these investments are part of long-term goals to achieve zero carbon emissions. and provide little relief to automakers and EV enthusiasts in the short run. How Can Blockchain Help? A paper published by International Finance Corporation in 2018 noted that the EV sector was one of the five top applications for blockchain to aid in the renewable energy push. Blockchain's utility lies in enabling p2p transactions without the need for a centralized intermediary — in this case, EV makers and EV charging infrastructure providers. Story continues Some startups have devised a solution that could provide an immediate boost to EV adoption: the introduction of an alternative peer-to-peer electric vehicle charging. Using blockchain-based applications, private owners can share their personal charging platform with the public for a fee. A public blockchain would allow all related parties to mobilize and transact in a common netw **Last 60 Days of Bitcoin's Closing Prices:** [11878.37, 11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33, 10669.58, 10793.34, 10604.41, 10668.97, 10915.69, 11064.46, 11296.36, 11384.18, 11555.36, 11425.90, 11429.51, 11495.35, 11322.12, 11358.10, 11483.36] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-10-19 **Financial & Commodity Data:** - Gold Closing Price: $1906.40 - Crude Oil Closing Price: $40.83 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $210,716,633,203 - Hash Rate: 124259120.51977606 - Transaction Count: 303929.0 - Unique Addresses: 679146.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.55 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: PepsiCo Inc’sthird quarter is expected to be a positive catalyst for the stock with an expected organic topline and EPS beat, according toMorgan Stanleyequity analyst Dara Mohsenian, who also forecasts Q3 EPS of $1.50 and 2.4% y-o-y growth in organic sales. The U.S. multinational food, snack and beverage corporation, PepsiCo is set to reportthird-quarter 2020 results on Thursday, October 1, before market open. “We continue to like Pepsi longer-term with a pronounced mix shift to the more attractive snacks business over the last few years with strong underlying fundamentals (even ex-COVID) now at more than two-thirds of corporate profit, with both robust, sustained snacks category growth, as well as PEP’s strong competitive positioning and share gains within snacks. We also see PepsiCo’s (PEP) growth outlook and underlying EPS quality as higher with greater reinvestment under a new CEO,” Morgan Stanley’s Dara Mohsenian said. “Last, we believe PepsiCo’s valuation remains compelling, with PepsiCo trading one standard deviation below its 5-year NTM relative P/E average vs mega-cap peers and only at a 3% EV/EBITDA premium to food peers, despite much higher LT revenue growth potential (4% at PEP LT vs 2% at food peers), as well as higher margins/ROIC (see PEP Valuation Looks Compelling section below for more detail).” Morgan Stanley forecast PEP organic sales growth to be driven by its snacks business, and a topline recovery in emerging markets, as well as a sequential improvement in on-premise beverages. In North America, they forecast a solid +6.5% organic sales growth at Frito-Lay North America (FLNA); +7.2% growth at Quaker Foods North America (QFNA); -1.0% decline at Pepsi Beverages North America (PBNA). For the international business, the investment bank forecast +8.6% y-o-y organic sales growth in APAC on China recovering, +2.5% in Europe with on-premise improving and favourable summer weather, +1.5% in Latin America, and -2.3% in AMESA (Africa, Middle East, South Asia) on a slower recovery, particularly in India. PepsiCo stock closed 3.30% higher at $137.97 on Monday. The stock is up about 1% so far this year. Several other equity analysts have also updated their stock outlook. Jefferies raised their target price to $139 from $137; JP Morgan lowered their stock price forecast to $149 from $154; UBS raised the price target to $140 from $136; Deutsche bank upped their price objective to $140 from $139 and  Guggenheim raised their target price to $151 from $148. Eleven analysts forecast the average price in 12 months at $144.64 with a high forecast of $155.00 and a low forecast of $130.00. The average price target represents a 4.83% increase from the last price of $137.97. From those 11 equity analysts, six rated ‘Buy’, five rated ‘Hold’ and none rated ‘Sell’, according to Tipranks. “PepsiCo is our top beverage pick. We forecast Pepsi will post superior topline growth relative to peers driven by exposure to the higher growth/higher margin snacks category (2/3 of PEP’s profit). Snacks is a higher growth category given: (1) shift to snacking vs. sit-down meals; (2) less pressure from health/wellness vs. beverages, and (3) PEP’s leading share in snacks vs. fragmented competition, driving share gains, and higher margins/ROIC,” Morgan Stanley’s Mohsenian said. “We also see more structural Pepsi market share benefits post COVID-19, as PEP uses its DSD distribution advantage, to gain shelf space and share in snacks, and in beverages, where PEP is advantaged vs competition with a much lower mix in away-from-home.” Upside risks: Higher FLNA snacks topline growth, improving North America beverages business on higher investment spend and on-premise recovery, better GM expansion on favourable commodities/better pricing, and higher cost savings from restructuring. Downside risks: Lower return from PEP’s reinvestment, macro volatility, commodity and FX volatility, greater COVID impacts, worse market share trends in beverages, soda taxes. Check outFX Empire’s earnings calendar Thisarticlewas originally posted on FX Empire • Oil Traders’ Fears Outweigh Hopes on Global Economic Recovery • Economic Data Puts the EUR and Dollar in Focus, as Brexit Talks Resume • Gold Price Futures (GC) Technical Analysis – $1889.70 Could Be Trigger Point for Surge into $1917.40 • Weekly Recap: Bitcoin and Ethereum Go Into the Red • USD/JPY Fundamental Daily Forecast – Price Action Tied to Investor Appetite for Risk • EUR/USD Daily Forecast – Attempt To Get Above Resistance At 1.1695... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
11916.33, 12823.69, 12965.89, 12931.54, 13108.06, 13031.17, 13075.25, 13654.22, 13271.29, 13437.88
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['This is a correction of a previous press release with a trading date of October 20, 2020. The correct date is October 22, 2020.\nToronto, Oct. 19, 2020 (GLOBE NEWSWIRE) -- 3iQ Corp. ("3iQ") is pleased to announce that the Class A Units of The Bitcoin Fund will commence trading in Canadian dollars on the Toronto Stock Exchange on October 22, 2020 under the symbol “QBTC.” The Class A Units will trade under their existing CUSIP number. “Finally, Canadian investors have the opportunity to trade The Bitcoin Fund in their native currency and through their locally dominated accounts, thus eliminating the interminable costs and albeit hassle of converting currencies” says Fred Pye, President & CEO of 3iQ.\nThe Bitcoin Fund’s investment objectives are to provide holders of units with exposure to bitcoin and the opportunity for long-term capital appreciation. The Bitcoin Fund acquires assets from reputable and regulated bitcoin trading platforms and OTC counterparties, in order to provide investors with a convenient, secure alternative to a direct investment in bitcoin. We believe an investment in bitcoin will provide investors with a low-correlated asset class, which will complement traditional investment strategies.\nAdditionally, 3iQ is excited to welcome Christopher Matta to the company as Managing Director of Sales and Trading, effective October 19th, 2020. Chris is the President and Founder of the Blockchain Association of New Jersey, which advocates for innovative regulatory leadership and enterprise collaboration for the cryptocurrency space. He is the former co-founder of Crescent Crypto, an asset management firm focused on creating innovative investment solutions to bring the cryptocurrency asset class to institutional and mainstream investors. Prior to Crescent, Chris was a Vice President at Goldman Sachs where he managed assets for the Goldman Sachs Philanthropy Fund and Trust Comp. Chris reveals that he is "excited to be joining 3iQ at this pivotal time as the company is rapidly expanding, launching new and innovative products that will make digital asset investing more secure and accessible through a regulated offering.”\nAbout 3iQ\nFounded in 2012, 3iQ is a Canadian investment fund manager focused on providing investors with exposure to digital assets, disruptive technologies and the blockchain space. 3iQ was the first Canadian investment fund manager to agree to terms and conditions with the Canadian securities regulatory authorities to manage a public bitcoin investment fund and multi-cryptoasset fund for Canadian accredited investors. Access to these new technologies can be daunting, costly, and inconvenient. 3iQ has worked through a stringent regulatory process to offer investors convenient and familiar investment products to gain exposure to digital assets.\nDisclaimer\nTheBitcoin Fund (the “Fund”)isoffered pursuant to a prospectus, which should be read carefully before investing. The prospectus can be obtained fromhttps://3iq.ca/the-bitcoin-fund/. Information contained in the prospectus includes the investment objectives and potential strategies of the Fund and other factors which may cause the actual results, performance or achievements of the Fund, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. There are ongoing fees and expenses associated with owning units ofthe Fund. The Fund must prepare disclosure documents that contain key information about the Fund. You can find more detailed information about the Fund in the final prospectus. The Fund is not guaranteed, its value change frequently and past performance may not be repeated. You will usually pay brokerage fees to your dealer if you purchase or sell units of the Fund on the Toronto Stock Exchange (TSX) and the Gibraltar Stock Exchange (GSX). If the units are purchased or sold on the TSX or GSX, investors may pay more than the current net asset value when buying units of the Fund and may receive less than the current net asset value when selling them. The securities of the Fund have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or any applicable exemption from the registration requirements. The prospectus of the Fund does not constitute an offer to sell or the solicitation of an offer to buy securities of the Fund nor will there be any sale of such securities in any state in which such offer, solicitation or sale would be unlawful. The Fund is generally exposed to risk factors. See the prospectus for a description of these risks: No Assurance in Achieving Investment Objectives, No Listing, Loss of Investment, Fluctuation in Value of Cryptoassets, Concentration Risk, Reliance on the Manager, Reliance on theCryptoassetConsultant, No Ownership Interest in theCryptoassetPortfolio, Changes in Legislation, Conflicts of Interest, Valuation of the Fund, Significant Redemptions, Limited Liquidity in the Units, Limited Operating History, Not a Fund Company, Exchange Rate Risk, Liquidity Constraints onCryptoassetMarkets may Impact the Fund’s Holdings, Tax Risk, Risks associated with Investing in Bitcoin, Risks Associated with the Bitcoin Network. Index (the “Index”) is the exclusive property of MV Index Solutions GmbH and has been licensed for use by 3iQ Corp. (the “Licensee”). MVIS has contracted withCryptoCompareData Limited to maintain and calculate the Index.CryptoCompareData Limited uses its best efforts to ensure that the Index is calculated correctly subject to the accuracy of any data that has been provided to it by third parties. Irrespective of its obligations towards MV Index Solutions GmbH,CryptoCompareData Limited has no obligation to point out errors in the Index to third parties. In particular, MVIS is not responsible for the Licensee and/or for Licensee’s legality or suitability and/or for Licensee’s business offerings. Offerings by Licensee, may they be based on The Bitcoin Fund, an investment trust governed under the laws of the Province of Ontario (the “Product”) or not, are not sponsored, endorsed, sold, or promoted by MVIS, Van Eck Associates Corporation as its parent company or its affiliates (collectively, “VanEck”), and MVIS andVanEckmake no representation regarding the advisability of investing in Licensee and/or in Licensee’s business offerings. MVIS,VanEckand its affiliates make no warranties and bear no liability with respect to licensee. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.This press release is not for distribution in the United States newswire services or for dissemination in the United States.\nAttachment\n• BitcoinFundLogoBlue\nCONTACT: Fred Pye — President & CEO 3iQ Corp. +1 (416) 639-2130 [email protected]', 'This is a correction of a previous press release with a trading date of October 20, 2020. The correct date is October 22, 2020.\nToronto, Oct. 19, 2020 (GLOBE NEWSWIRE) -- 3iQ Corp. ("3iQ") is pleased to announce that the Class A Units of The Bitcoin Fund will commence trading in Canadian dollars on the Toronto Stock Exchange on October 22, 2020 under the symbol “QBTC.” The Class A Units will trade under their existing CUSIP number. “Finally, Canadian investors have the opportunity to trade The Bitcoin Fund in their native currency and through their locally dominated accounts, thus eliminating the interminable costs and albeit hassle of converting currencies” says Fred Pye, President & CEO of 3iQ.\nThe Bitcoin Fund’s investment objectives are to provide holders of units with exposure to bitcoin and the opportunity for long-term capital appreciation. The Bitcoin Fund acquires assets from reputable and regulated bitcoin trading platforms and OTC counterparties, in order to provide investors with a convenient, secure alternative to a direct investment in bitcoin. We believe an investment in bitcoin will provide investors with a low-correlated asset class, which will complement traditional investment strategies.\nAdditionally, 3iQ is excited to welcome Christopher Matta to the company as Managing Director of Sales and Trading, effective October 19th, 2020. Chris is the President and Founder of the Blockchain Association of New Jersey, which advocates for innovative regulatory leadership and enterprise collaboration for the cryptocurrency space. He is the former co-founder of Crescent Crypto, an asset management firm focused on creating innovative investment solutions to bring the cryptocurrency asset class to institutional and mainstream investors. Prior to Crescent, Chris was a Vice President at Goldman Sachs where he managed assets for the Goldman Sachs Philanthropy Fund and Trust Comp. Chris reveals that he is "excited to be joining 3iQ at this pivotal time as the company is rapidly expanding, launching new and innovative products that will make digital asset investing more secure and accessible through a regulated offering.”\nAbout 3iQ\nFounded in 2012, 3iQ is a Canadian investment fund manager focused on providing investors with exposure to digital assets, disruptive technologies and the blockchain space. 3iQ was the first Canadian investment fund manager to agree to terms and conditions with the Canadian securities regulatory authorities to manage a public bitcoin investment fund and multi-cryptoasset fund for Canadian accredited investors. Access to these new technologies can be daunting, costly, and inconvenient. 3iQ has worked through a stringent regulatory process to offer investors convenient and familiar investment products to gain exposure to digital assets.\nDisclaimer\nTheBitcoin Fund (the “Fund”)isoffered pursuant to a prospectus, which should be rea **Last 60 Days of Bitcoin's Closing Prices:** [11592.49, 11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33, 10669.58, 10793.34, 10604.41, 10668.97, 10915.69, 11064.46, 11296.36, 11384.18, 11555.36, 11425.90, 11429.51, 11495.35, 11322.12, 11358.10, 11483.36, 11742.04] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-10-20 **Financial & Commodity Data:** - Gold Closing Price: $1910.40 - Crude Oil Closing Price: $41.46 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $210,716,633,203 - Hash Rate: 143146506.838782 - Transaction Count: 330563.0 - Unique Addresses: 713764.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.56 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: On Long Reads Sunday, a reading of a John Street Capital piece on the realities of a market characterized by zero-bound interest rates. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . This episode is sponsored by Crypto.com , Nexo.io and Elliptic . Related: Bitcoin News Roundup for Oct. 19, 2020 On this week’s Long Reads Sunday, NLW reads: “ Capital Allocation & Risk Asset Ramifications in a 0% Interest Rate World ” The piece examines how different asset classes – from stocks to bonds to bitcoin and beyond – fare in the context of a world where the Federal Reserve is determined to keep interest rates at or near zero for years to come. See also: ‘The Fed Meetings Are a Dead Spectator Sport’ – Best of The Breakdown September 2020 For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . Related Stories How Stocks, Bitcoin and Other Investments Fare in a 0% Interest Rate World How Stocks, Bitcoin and Other Investments Fare in a 0% Interest Rate World How Stocks, Bitcoin and Other Investments Fare in a 0% Interest Rate World... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
12823.69, 12965.89, 12931.54, 13108.06, 13031.17, 13075.25, 13654.22, 13271.29, 13437.88, 13546.52
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 1.43% on Tuesday. Following on from a 2.08% rally on Monday, Bitcoin ended the day at $11,925.0.\nIt was a mixed start to the day. Bitcoin fell to an early morning intraday low $11,696.0 before making a move.\nSteering clear of the first major support level at $11,507, Bitcoin rallied to a late afternoon intraday high $12,044.0.\nBitcoin broke through the first major resistance level at $11,918 to test resistance at $12,000 before easing back.\nThe pullback saw Bitcoin fall back to sub-$11,900 levels before breaking back through the first major resistance level.\nThe near-term bullish trend remained intact, supported by the latest move back through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bearish day on Tuesday.\nCardano’s ADA (-5.66%), Chainlink (-9.50%), and Crypto.com Coin (-4.65%) lead the way down.\nBinance Coin (-3.61%), Bitcoin Cash ABC (-3.79%), Ethereum (-2.82%), Litecoin (-2.21%), and Polkadot (-3.30%) also saw relatively heavy losses.\nBitcoin Cash SV (-0.47%) and Ripple’s XRP (-0.85%) saw relatively modest losses on the day.\nAt the start of the week, the crypto total rose to a Tuesday high $368.37bn before falling to a Tuesday low $347.77bn. At the time of writing, the total market cap stood at $360.38bn.\nBitcoin’s dominance rose from a Monday low 60.14% to a Tuesday high 62.21%. At the time of writing, Bitcoin’s dominance stood at 61.60%.\nAt the time of writing, Bitcoin was up by 0.52% to $11,987.0. A mixed start to the day saw Bitcoin fall to an early morning low $11,910.0 before rising to a high $11,990.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBitcoin Cash SV was down by 0.79% to buck the trend early on.\nIt was a bullish start for the rest of the majors.\nAt the time of writing, Bitcoin Cash ABC was up by 1.72% to lead the way.\nBitcoin would need to avoid a fall through the pivot level at $11,888 to bring the first major resistance level at $12,081 into play.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Tuesday’s high $12,044.0.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test the second major resistance level sits at $12,236.\nFailure to avoid a fall through the $11,888 pivot would bring the first major support level at $11,733 into play.\nBarring an extended crypto sell-off, Bitcoin should steer clear of sub-$11,500 levels. The second major support level at $11,540 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• Natural Gas Price Prediction – Prices Rise on Cold Weather Outlook\n• Oil Mixed As Traders Wait For U.S. Stimulus News\n• Crude Oil Price Forecast – Crude Oil Continue to Do Very Little\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 21st, 2020\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Bullish News Will Fuel Rally to 11920.25 – 11997.75\n• Monster Beverage Could Hit New Highs After Earnings', 'Bitcoin, BTC to USD, rose by 1.43% on Tuesday. Following on from a 2.08% rally on Monday, Bitcoin ended the day at $11,925.0. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $11,696.0 before making a move. Steering clear of the first major support level at $11,507, Bitcoin rallied to a late afternoon intraday high $12,044.0. Bitcoin broke through the first major resistance level at $11,918 to test resistance at $12,000 before easing back. The pullback saw Bitcoin fall back to sub-$11,900 levels before breaking back through the first major resistance level. The near-term bullish trend remained intact, supported by the latest move back through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Tuesday. Cardano’s ADA (-5.66%), Chainlink (-9.50%), and Crypto.com Coin (-4.65%) lead the way down. Binance Coin (-3.61%), Bitcoin Cash ABC (-3.79%), Ethereum (-2.82%), Litecoin (-2.21%), and Polkadot (-3.30%) also saw relatively heavy losses. Bitcoin Cash SV (-0.47%) and Ripple’s XRP (-0.85%) saw relatively modest losses on the day. At the start of the week, the crypto total rose to a Tuesday high $368.37bn before falling to a Tuesday low $347.77bn. At the time of writing, the total market cap stood at $360.38bn. Bitcoin’s dominance rose from a Monday low 60.14% to a Tuesday high 62.21%. At the time of writing, Bitcoin’s dominance stood at 61.60%. This Morning At the time of writing, Bitcoin was up by 0.52% to $11,987.0. A mixed start to the day saw Bitcoin fall to an early morning low $11,910.0 before rising to a high $11,990.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV was down by 0.79% to buck the trend early on. It was a bullish start for the rest of the majors. Story continues At the time of writing, Bitcoin Cash ABC was up by 1.72% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $11,888 to bring the first major resistance level at $12,081 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Tuesday’s high $12,044.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test the second major resistance level sits at $12,236. Failure to avoid a fall through the $11,888 pivot would bring the first major support level at $11,733 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$11,500 levels. The second major support level at $11,540 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Price Prediction – Prices Rise on Cold Weather Outlook Oil Mixed As Traders Wait For U.S. Stimulus News Crude Oil Price Forecast – Crude Oil Continue to Do Very Little Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 21st, 2020 E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Bullish News Will Fuel Rally to 11920.25 – 11997.75 Monster Beverage Could Hit New Highs After Earnings', "BitMEX, which has been charged by the U.S. government with facilitating unregistered trading, has accelerated its mandate for all customers to verify their identities by Nov. 5, three months earlier than its original deadline of early February . Stronger identity verification requirements is an industry trend, said Ben Radclyffe, commercial director of the exchange\x92s parent company 100x Group, in an interview with CoinDesk. BitMEX\x92s decision to move the deadline from February 2021 to November 2020 follows this trend and internal plans the exchange has worked on for \x93over a year with a considerable amount of resources dedicated to this.\x94 In August, the famously freewheeling bitcoin derivatives exchange announced mandatory identity verification. Less than two months later, charges were filed against the exchange by the U.S. Department of Justice (DOJ) and the Commodity Futures Trading Commission (CFTC); after that, nearly 30% of its bitcoin balance was withdrawn by clients. Related: 'Garbage' Market Data Is Holding Bitcoin Back: MicroStrategy CEO Under the accelerated timeline, by 0:00 UTC on Nov. 5, all BitMEX traders and affiliates identities must be verified before increasing or opening new positions. By Dec. 4., all accounts must be verified in order to process withdrawals from the exchange. After Dec. 4, BitMEX will begin to review remaining open positions on unverified accounts and communicate the account holders, Radclyffe told CoinDesk. Funds will be recoverable and eligible for normal withdrawals post verification. \x93Well over 50% of BitMEX\x92s current trading volume comes from verified accounts,\x94 said Radclyffe, representing the trading activity of tens of thousands of accounts. \x93The industry\x92s KYC-free days are coming to a close,\x94 said 100x\x92s chief compliance officer, Malcolm Wright, referring to know-your-customer rules. Related: 'Only in Crypto': What the OKEx Mess Says About New and Old Finance Story continues BitMEX plans to use its accelerated identity verification program, along with other corporate initiatives and Wright\x92s experience as chair of an anti-money laundering working group at Global Digital Finance, to become an industry leader in identity verification initiatives, Wright said. Update (Oct. 21, 3:12 UTC): This article has been updated to clarify BitMEX\x92s planned actions after Dec 4. and Wright\x92s work at Global Digital Finance. Related Stories BitMEX Accelerates Mandatory ID Verification After Charges of Lax Anti-Money Laundering Controls BitMEX Accelerates Mandatory ID Verification After Charges of Lax Anti-Money Laundering Controls", "BitMEX, which has been charged by the U.S. government with facilitating unregistered trading, has accelerated its mandate for all customers to verify their identities by Nov. 5, three months earlier thanits original deadline of early February.\nStronger identity verification requirements is an industry trend, said Ben Radclyffe, commercial director of the exchange’s parent company 100x Group, in an interview with CoinDesk. BitMEX’s decision to move the deadline from February 2021 to November 2020 follows this trend and internal plans the exchange has worked on for “over a year with a considerable amount of resources dedicated to this.”\nIn August, the famously freewheeling bitcoin derivatives exchange announced mandatory identity verification. Less than two months later,charges were filed against the exchangeby t **Last 60 Days of Bitcoin's Closing Prices:** [11681.83, 11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33, 10669.58, 10793.34, 10604.41, 10668.97, 10915.69, 11064.46, 11296.36, 11384.18, 11555.36, 11425.90, 11429.51, 11495.35, 11322.12, 11358.10, 11483.36, 11742.04, 11916.33] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-10-21 **Financial & Commodity Data:** - Gold Closing Price: $1924.60 - Crude Oil Closing Price: $40.03 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $222,967,603,125 - Hash Rate: 129229485.3405671 - Transaction Count: 311292.0 - Unique Addresses: 687152.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.61 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Growing institutional interest is helping to drive a recent spike in volume on Bakkt, according to its president, Adam White. But the U.S.-regulated crypto derivatives exchange is holding out hope its dormant options platform will eventually gain traction. Trading volumes for physically settledbitcoinfutures on Bakkt rose to $134 million on Tuesday from a previous high of $132 million on July 28, according to crypto derivatives data firm Skew. Bakkt went live last September. “The market recognizes the value that a regulated physically delivered bitcoin future offers for hedging and risk management and speculation,” White told CoinDesk in a phone interview on Aug. 26. Related:Bitcoin Options Open Interest Nears All Time High – But Rise in Puts Could Presage Drop This has been part of thesignificant growthin bitcoin’s derivative market as a whole, after the cryptocurrency’s price went above $11,000. Despite the recent surge on Bakkt’s bitcoin futures trading volumes, it still lags behind the Chicago-based CME Group, a bigger, U.S.-regulated exchange. Data from Skew shows the aggregated daily volumes of bitcoin futures on Bakkt and the CME were at $279 million and $1.5 billion, respectively, on Monday. Compared with many offshore, unregulated exchanges that have taken the majority of the bitcoin futures market share, White said Bakkt has the advantage of being based in the U.S. and owned by the Intercontinental Exchange (ICE), which also owns the New York Stock Exchange. “We are a fully regulated intermediated traditional futures market. Contrast that with the offshore unregulated markets that you see trading on a lot of crypto exchanges,” he said. Related:Bitcoin Ends July at Highest Monthly Close Since 2017 Peak The crypto derivatives provider launched its bitcoin futures contractsin late 2019with the goal of serving its institutional clients, who range from market makers and proprietary trading firms to family offices and traditional hedge funds, according to White. At the same time, unlike the CME, Bakkt’s bitcoin futures contracts are mostly settled with physically delivered bitcoin, meaning buyers receive tokens at expiration instead of cash. Some U.S. institutions are only allowed to trade on regulated exchanges. Thus, if they want to get into crypto, they have two choices: Bakkt or the CME, because exchanges such as Coinbase are licensed but unregulated in the U.S. For those who want to hold their bitcoin in their hands, Bakkt is basically the only game in town. White said the physical delivery of bitcoin puts Bakkt at advantage because the exchange is seeing more clients interested in receiving crypto assets. Read more:It’s Too Soon to Write Off Bakkt, Wall Street Analyst Tells ICE Investors “It’s not a bet on the price of bitcoin,” he said. “It doesn’t rely on an index price created from unregulated spot markets that are self-reporting their data.” In addition, White said that as the market grows, more traditional institutional investors are becoming “comfortable” with holding and trading crypto assets, which is evidenced by Bakkt’s increasing market share. However, other industry experts have said physical delivery of bitcoin could be the one factor that has been hindering Bakkt’s growth in the crypto derivatives market. According to Norwegian cryptocurrency analysis firmArcane Research, the number of bitcoin contracts held to expiry on Bakkt dropped sharply in July, to 58 BTC from June’s 221 BTC – the lowest amount held to expiry so far in 2020. Compared with a cash settlement, physical delivery of bitcoin could impose a tighter margin, Vishal Shah, an options trader and founder of derivative exchange Alpha5, told CoinDesk via Telegram. Despite the success with its bitcoin futures products, Bakkt seems to be still struggling with its options contracts. No volume or open interest have been loggedsince June 15in Bakkt’s bitcoin options. Both futures and options contracts on CME aresettled with cash. Meanwhile, CME’s bitcoin options contracts contributed about 10% to the total global open interest on Tuesday, second behind Deribit, who accounted for 80% of the market. Open interest is the number of outstanding contracts. White shrugs off concerns about Bakkt’s options products, saying the crypto options market as a whole has a long way to go before it matures. Read more:Bitcoin Options Open Interest Nears All Time High – But Rise in Puts Could Presage Drop “When people ask, ‘Aren’t you worried about your options volumes?’ Absolutely not,” White said. “These are the early innings. Most of the options volume is happening offshore, unregulated, not cleared and, frankly, we’re not even sure how much of that volume is legitimate.” White is banking on growing trading volumes and open interest Bakkt’s futures products to eventually draw customers to its options suite, and is therefore not planning on delisting options contracts anytime soon. “As the institutions move into the futures, their hedging and risk management needs will evolve towards options, and we are going to be there ready to serve them,” White said. • Bakkt Futures Volume Up on Institutional Trading; Its President Slams Offshore Options • Bakkt Futures Volume Up on Institutional Trading; Its President Slams Offshore Options... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
12965.89, 12931.54, 13108.06, 13031.17, 13075.25, 13654.22, 13271.29, 13437.88, 13546.52, 13781.00
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['(Bloomberg) -- Institutional users of cryptocurrency exchange giant OKEx can now get their holdings out, though it will cost them to do so. The exchange, which made withdrawals unavailable last week after Chinese police launched a probe linked to the firm, began letting users within OKEx trade with each other on Wednesday. Read more: Chinese Police Probe Halts Withdrawals at Crypto Giant OKEx Hours later, blockchain developer Zulu Republic -- along with liquidity provider Alameda Research and crypto trading community Whalepool -- created a way for institutional investors to sell their OKEx deposits for a token representing Bitcoin or Tether on the Ethereum blockchain. A user gets one token for every OKEx Bitcoin deposited into the venture’s OKEx account. The token currently trades for about 93 cents on the dollar on the Uniswap exchange. “My guess is if they were expecting withdrawals to resume tomorrow, they’d tell us,” said Sam Bankman-Fried, Alameda’s chief executive officer, adding that he believes no funds have been moved or stolen. “There’s not been a lot of guidance on what to expect. I think sentiment is weeks to months when withdrawals will open up.” Within the first hour of the token’s availability, five institutional investors reached out to the venture, which charges a 1% fee on the swap plus a fee for a regulatory check, Zulu CEO Daniele Sestagalli said in an interview. Users wishing to swap back to their OKEx accounts -- if the exchange unfreezes withdrawals, for instance -- have to pay a 1% fee as well. The minimum order amount is 100 Bitcoin, he said. Bitcoin is currently trading around $13,000. Traders need to visit Isaidno.ooo to join the waiting list for withdrawal approval. OKEx halted withdrawals last week after Chinese police launched an investigation linked to it. OKG Technology Holdings Ltd. -- whose controlling shareholder, Xu Mingxing, is also the founder of OKEx -- said in a Hong Kong stock exchange filing Oct. 18 it has been informed Xu is under investigation by public security authorities in China. OKG said it hasn’t reached Xu to confirm he is being investigated and the group wasn’t subject to any government probe in China to the best of the board’s knowledge. Story continues In an earlier statement, OKEx said an unidentified staffer responsible for users’ private keys -- accounts where coins are stored -- has been “out of touch” while cooperating with a police investigation, the Malta-based exchange said in an Oct. 16 release. The exchange emphasized that everyone’s deposits are safe. OKEx didn’t immediately respond to a request for comment. In a tweet, Bankman-Fried cautioned about the venture: “Use at your own risk.” For more articles like this, please visit us at bloomberg.com Subscribe now to stay ahead with the most trusted business news source. ©2020 Bloomberg L.P.', '(Bloomberg) -- Institutional users of cryptocurrency exchange giant OKEx can now get their holdings out, though it will cost them to do so.\nThe exchange, which made withdrawals unavailable last week after Chinese police launched a probe linked to the firm, began letting users within OKEx trade with each other on Wednesday.\nRead more: Chinese Police Probe Halts Withdrawals at Crypto Giant OKEx\nHours later, blockchain developer Zulu Republic -- along with liquidity provider Alameda Research and crypto trading community Whalepool -- created a way for institutional investors to sell their OKEx deposits for a token representing Bitcoin or Tether on the Ethereum blockchain. A user gets one token for every OKEx Bitcoin deposited into the venture’s OKEx account. The token currently trades for about 93 cents on the dollar on the Uniswap exchange.\n“My guess is if they were expecting withdrawals to resume tomorrow, they’d tell us,” said Sam Bankman-Fried, Alameda’s chief executive officer, adding that he believes no funds have been moved or stolen. “There’s not been a lot of guidance on what to expect. I think sentiment is weeks to months when withdrawals will open up.”\nWithin the first hour of the token’s availability, five institutional investors reached out to the venture, which charges a 1% fee on the swap plus a fee for a regulatory check, Zulu CEO Daniele Sestagalli said in an interview. Users wishing to swap back to their OKEx accounts -- if the exchange unfreezes withdrawals, for instance -- have to pay a 1% fee as well. The minimum order amount is 100 Bitcoin, he said. Bitcoin is currently trading around $13,000.\nTraders need to visit Isaidno.ooo to join the waiting list for withdrawal approval.\nOKEx halted withdrawals last week after Chinese police launched an investigation linked to it.\nOKG Technology Holdings Ltd. -- whose controlling shareholder, Xu Mingxing, is also the founder of OKEx -- said in a Hong Kong stock exchange filing Oct. 18 it has been informed Xu is under investigation by public security authorities in China. OKG said it hasn’t reached Xu to confirm he is being investigated and the group wasn’t subject to any government probe in China to the best of the board’s knowledge.\nIn an earlier statement, OKEx said an unidentified staffer responsible for users’ private keys -- accounts where coins are stored -- has been “out of touch” while cooperating with a police investigation, the Malta-based exchange said in an Oct. 16 release. The exchange emphasized that everyone’s deposits are safe.\nOKEx didn’t immediately respond to a request for comment.\nIn a tweet, Bankman-Fried cautioned about the venture: “Use at your own risk.”\nFor more articles like this, please visit us atbloomberg.com\nSubscribe nowto stay ahead with the most trusted business news source.\n©2020 Bloomberg L.P.', 'Cybersecurity company McAfee Corp , on Wednesday, announced it is\xa0pricing 37 million class A common stock shares in its initial public offering at $20 per share. What Happened :\xa0McAfee\x92s stock will begin its trading debut on the Nasdaq Stock\xa0Market under the symbol "MCFE" on Thursday, and the IPO offer will be open till Oct. 26. The public offering, which stands to generate\xa0$740 million in proceeds,\xa0values the company at $8.6 billion, Bloomberg reports. McAfee is offering 30.98 million shares in the IPO, with the rest 6 million coming from existing shareholders. A week ago, McAfee disclosed it expected to price its IPO in the range of $19 to $22 per share. Why Does It Matter : Based on the data from Refinitiv,\xa0The Financial Times reports that IPOs have raised close to $58.4 billion in the U.S. this year. Some of the recent tech IPO include cloud software company Snowflake Inc (NYSE: SNOW ), DevOps solutions provider JFrog Ltd (NASDAQ: FROG ), data analytics startup Sumo Logic Inc (NASDAQ: SUMO ), and video game software developer Unity Software Inc (NYSE: U ). After being acquired by Intel Corporation (NASDAQ: INTC ) in 2010, McAfee was spun off in 2016 when private equity firm TPG Capital purchased a 51% stake in the cybersecurity company. See more from Benzinga Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas Microsoft Directs Sales Team To Promote Dynamic 365 Products Bitcoin Crosses Crucial K Mark Amidst Low Funding Rates © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Cybersecurity companyMcAfee Corp, on Wednesday, announced it is\xa0pricing 37 million class A common stock shares in its initial public offering at $20 per share.\nWhat Happened:\xa0McAfee’s stock will begin its trading debut on the Nasdaq Stock\xa0Market under the symbol "MCFE" on Thursday, and the IPO offer will be open till Oct. 26.\nThe public offering, which stands to generate\xa0$740 million in proceeds,\xa0values the company at $8.6 billion,Bloombergreports. McAfee is offering 30.98 million shares in the IPO, with the rest 6 million coming from existing shareholders.\nA week ago, McAfeedisclosedit expected to price its IPO in the range of $19 to $22 per share.\nWhy Does It Matter: Based on the data from Refinitiv,\xa0The Financial Times reports that IPOs have raised close to $58.4 billion in the U.S. this year. Some of the recent tech IPO include cloud software companySnowflake Inc(NYSE:SNOW), DevOps solutions providerJFrog Ltd(NASDAQ:FROG), data analytics startupSumo Logic Inc(NASDAQ:SUMO), and video game software developerUnity Software Inc(NYSE:U).\nAfter being acquired byIntel Corporation(NASDAQ:INTC) in 2010, McAfee was spun off in 2016 when private equity firmTPG Capitalpurchased a 51% stake in the cybersecurity company.\nSee more from Benzinga\n• Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas\n• Microsoft Directs Sales Team To Promote Dynamic 365 Products\n• Bitcoin Crosses Crucial K Mark Amidst Low Funding Rates\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'GBP/USD Video 22.10.20. Traders Remain Focused On Brexit And U.S. Stimulus Talks GBP/USD is trying to continue its upside move while the U.S. dollar is gaining ground against a broad basket of currencies. Yesterday, GBP/USD rallied on hopes for a Brexit deal. Traders believe that EU and UK will intensify their negotiations and reach a compromise deal in the upcoming weeks. Meanwhile, the U.S. Dollar Index remained volatile as traders evaluated the chances of a new U.S. stimulus deal. The U.S. Dollar Index tested the support level at 92.50 but rebounded closer to the nearest resistance at 92.80 after U.S. President Donald Trump accused Democrats of not willing to compromise. In addition to U.S. stimulus talks and Brexit chatter, traders will focus on U.S. employment reports. U.S. Initial Jobless Claims are expected to decline from 898,000 to 860,000 while Continuing Jobless Claims are projected to decrease from 10.02 million to 9.5 million. Recent reports indicated that U.S. job market recovery has stalled, and it remains to be seen whether Initial Jobless Claims will stay **Last 60 Days of Bitcoin's Closing Prices:** [11664.85, 11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33, 10669.58, 10793.34, 10604.41, 10668.97, 10915.69, 11064.46, 11296.36, 11384.18, 11555.36, 11425.90, 11429.51, 11495.35, 11322.12, 11358.10, 11483.36, 11742.04, 11916.33, 12823.69] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-10-22 **Financial & Commodity Data:** - Gold Closing Price: $1901.10 - Crude Oil Closing Price: $40.64 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $222,967,603,125 - Hash Rate: 136187996.08967456 - Transaction Count: 339087.0 - Unique Addresses: 753892.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.73 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin, BTC to USD, rose by 0.51% on Saturday. Following on from a 0.49% gain on Friday, Bitcoin ended the day at $10,458.0. It was a mixed start to the day. Bitcoin rose to an early morning high $10,415.0 before sliding to an early afternoon intraday low $10,287.0. Steering clear of the first major support level at $10,255, Bitcoin rallied to a late afternoon intraday high $10,492.0. Coming up against the first major resistance level at $10,496 and resistance at $10,500, Bitcoin eased back to limit the upside on the day. The near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was another mixed day on Saturday. Bitcoin Cash SV (-0.14%) and Tron’s TRX (-2.39%) saw red to buck the trend on the day. It was a bullish day for the rest of the majors, however. Binance Coin surged by 12.08% to lead the way. Bitcoin Cash ABC (+2.53%), Ethereum (+3.71%), Litecoin (+3.80%), Monero’s XMR (+2.83%), and Ripple’s XRP (+1.90%) also found strong support. Cardano’s ADA (+0.73%), EOS (+0.60%), Stellar’s Lumen (+0.26%), and Tezos (+0.94%) trailed the pack, however. In the current week, the crypto total market fell to a Tuesday low $297.87bn before rising to a Saturday high $327.48bn. At the time of writing, the total market cap stood at $324.97bn. Bitcoin’s dominance rose to a Monday high 61.28% before falling to a Saturday low 59.17%. At the time of writing, Bitcoin’s dominance stood at 59.28%. This Morning At the time of writing, Bitcoin was down by 0.22% to $10,435.3. A bearish start to the day saw Bitcoin fall from an early morning high $10,461.1 to an early morning low $10,435.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash ABC (+0.39%), Bitcoin Cash SV (+0.94%), and Ripple’s XPR (+0.20%) found support early on. Story continues It was a bearish start for the rest of the majors, however. At the time of writing, Tron’s TRX was down by 1.28% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $10,412 pivot level to support a run at the first major resistance level at $10,538. Support from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $10,492.0. Barring an extended crypto rally, the first major resistance level and resistance at $10,500 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,617. Failure to avoid a fall through the $10,412 pivot would bring the first major support level at $10,333 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,200. The second major support level at $10,207 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: NZD/USD Forex Technical Analysis – Tight Trading Range Suggests Trader Indecision, Impending Volatility Organic Soybean Prices Continue to Experience Tailwinds S&P 500 Weekly Price Forecast – Stock Markets Take a Dive USD/JPY Forex Technical Analysis – Strengthens Over 106.306, Weakens Under 106.077 The Crypto Daily – Movers and Shakers – September 12th, 2020 Gold Price Prediction – Prices Slip and Trade Sideways Despite Robust Inflation... - Reddit Posts (Sample): [['u/TheAlmightyRedditor', 'Bitcoin 13k', 785, '2020-10-22 00:17', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/', 'Let’s go boys, have a feeling that the 2017 bull run is going to look like child’s play due to the uncertain global situation, PayPals big news, and recent halving. Be on the lookout for other payment processors adopting similar strats as the market leader (PayPal) leads the way. All panning out to explode bitcoin. I actually went to the fucking zoo today, only saw bears, let’s keep them in those cages. #bullsontheloose', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/', 'jfn0k2', [['u/TheAlmightyRedditor', 19, '2020-10-22 00:28', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9l8kvl/', 'Circlejerking is fun tho', 'jfn0k2'], ['u/Snowman33001', 17, '2020-10-22 00:31', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9l8xw2/', 'Exciting/terrifying times', 'jfn0k2'], ['u/JohnBravere', 18, '2020-10-22 00:33', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9l92y0/', 'I think the runs were 40x and 30x, respectively. Please correct me if im wrong. Im predicting 20x-25x for this one.', 'jfn0k2'], ['u/ZeitgeistGuy', 17, '2020-10-22 00:33', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9l96aa/', "It's possible... institutional FOMO 2020 vs individual FOMO 2017", 'jfn0k2'], ['u/shreveportfixit', 32, '2020-10-22 00:44', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lablc/', "Combine that with the Fed's helicopter money strategy... 22% of all US dollars in existence were created this year. Keep calm and hodl on.", 'jfn0k2'], ['u/ROPEgangBaBY', 22, '2020-10-22 00:46', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lajnl/', 'you killed me. hahahah', 'jfn0k2'], ['u/xBinKz', 44, '2020-10-22 00:46', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lajyz/', 'Going into r/buttcoin gives you some comedic fun. Especially when we’re mooning.', 'jfn0k2'], ['u/lazarus_free', 11, '2020-10-22 00:57', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lbozv/', 'I smell moon', 'jfn0k2'], ['u/Turil', 14, '2020-10-22 00:58', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lbt1o/', '>I actually went to the fucking zoo today, only saw bears, let’s keep them in those cages.\n\nFree the bears! Bears belong in the wild. Not in finance games. Or zoos.', 'jfn0k2'], ['u/ChalmondleyWarner', 10, '2020-10-22 00:59', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lbw0v/', "It's usually 20x the previous ATH. So that means top of next bubble would be around $400k.", 'jfn0k2'], ['u/Turil', 49, '2020-10-22 01:00', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lc0ty/', "My goal is to buy a cheap farm to serve as a community center.\n\nI'll keep a bit of Bitcoin, of course, but the farm is a priority. As soon as I can buy a farm with Bitcoin (directly), that's what I'll do.", 'jfn0k2'], ['u/Novice89', 13, '2020-10-22 01:03', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lcc42/', 'I know I’m so sad. Waiting for a deposit to hit my account for over a week now so I could buy more bitcoin. Found out itll be a few more days, by then bitcoin will be 2-4K higher than when I hoped to buy 😭\n\nOh well, still going to buy', 'jfn0k2'], ['u/SkankHuntForty22', 14, '2020-10-22 01:09', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lcyff/', "13k are rookie numbers, it's gonna go much much higher than that.", 'jfn0k2'], ['u/1nv1s1blek1d', 11, '2020-10-22 01:10', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9ld37g/', 'People are cashing out.', 'jfn0k2'], ['u/jleonardbc', 354, '2020-10-22 01:16', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9ldql6/', 'When NASA says they\'re going to have an exciting announcement on Monday about "the moon," they mean it in terms of Bitcoin.', 'jfn0k2'], ['u/CryptoRegio', 25, '2020-10-22 01:19', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9le2fv/', "Weak hands\n\nThey don't deserve to put their hands on a lambo just like us hodlers", 'jfn0k2'], ['u/TheAlmightyRedditor', 11, '2020-10-22 01:24', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9leko0/', 'Yeah fuck ya then throw it in spy', 'jfn0k2'], ['u/squashbelly', 11, '2020-10-22 01:44', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lgnes/', 'Whenever there is a run like this I actually get a little sick to my stomach.', 'jfn0k2'], ['u/Snowman33001', 10, '2020-10-22 02:13', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9ljlpf/', 'I didn’t feel that this time but I know the feeling you’re talking about.', 'jfn0k2'], ['u/Fosforus', 158, '2020-10-22 02:29', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9llbwy/', "If bitcoin is at $1 million, there really won't be a reason to cash out. It will be accepted everywhere at that point.", 'jfn0k2'], ['u/LunarPursuits', 61, '2020-10-22 02:34', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9llw2f/', 'were gonna moon so hard.', 'jfn0k2'], ['u/LongLiveDetroit', 23, '2020-10-22 02:55', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lo3pe/', "Bruh I haven't accumulated enough r u srs", 'jfn0k2'], ['u/widowmakingasandwich', 13, '2020-10-22 03:03', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lox6e/', 'Personally this is beyond me. I plan to hold and die with it leaving it to my daughter.', 'jfn0k2'], ['u/bittabet', 48, '2020-10-22 03:13', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lpvzy/', 'If Bitcoin hit $1 million then the big holders would be absurdly wealthy, like Jeff Bezos wealthy lol', 'jfn0k2'], ['u/timmy12688', 26, '2020-10-22 03:13', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lpxs1/', 'I’m buying a farm on the Moon. And it’s gonna have blackjack and Moon hookers!', 'jfn0k2'], ['u/mmacisso', 17, '2020-10-22 03:44', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lt7ji/', 'How would you even logistically “cash” out if BTC hit that kind of value - it would be some financial collapse of the dollar where very few hoard BTC, no one will exchange a valuable asset like real estate for a crypto in those circumstances', 'jfn0k2'], ['u/scottmsul', 20, '2020-10-22 03:48', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9ltjn3/', "Owning bitcoin is the cashing out. That's the point.", 'jfn0k2'], ['u/Gyxxer07', 11, '2020-10-22 04:03', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lv5mj/', '2 million are u high? That 4x the market cap of gold. Be lucky if it gets to 1million after the next 3 halvings.', 'jfn0k2'], ['u/TheAlmightyRedditor', 10, '2020-10-22 04:08', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lvo6l/', 'Bro do you believe tho', 'jfn0k2'], ['u/[deleted]', 10, '2020-10-22 04:10', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lvv3f/', "Well, at that point the default coin denomination would likely be the satoshi versus the microbitcoin or milibitcoin, seeing how a satoshi would be worth like 1 or 10 dollars\n\nEdit: my bad, it's apparently 1 cent, no complaints here :)", 'jfn0k2'], ['u/mixologyst', 10, '2020-10-22 04:30', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lxwke/', '2017, November and December. $3500 to $20000. Wake me up when we break $28000.', 'jfn0k2'], ['u/mightyduck19', 13, '2020-10-22 04:34', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9ly9m0/', "It's honestly crazy. I came for the speculation and stayed for the fundamentals. I honestly didn't give a shit about the BTC narrative up until we went apeshit with the monetary policy. Now the narrative is so aligned it's almost comical.", 'jfn0k2'], ['u/Moomjean', 11, '2020-10-22 05:00', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9m0rbl/', 'At a million dollars per btc a satoshi would be a penny each.', 'jfn0k2'], ['u/Deez1putz', 16, '2020-10-22 05:36', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9m44gl/', 'I’m highly concerned that while the comment count is low at r/buttcoin, the memes are currently a degree of magnitude better than here. There is a real meme deficit these days.', 'jfn0k2'], ['u/Speedmetal666', 20, '2020-10-22 05:42', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9m4nic/', "Should'a, could'a, woulda's will be coming out the woodwork again", 'jfn0k2'], ['u/xtal_00', 19, '2020-10-22 06:24', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9m89wg/', "Real estate generates income.\n\nBitcoin will stabilize eventually at a reasonable deflation that other assets will beat.\n\nWe're a long way from that. It may happen at $1m, it might happen at $100m.\n\nA lot of what we take for granted is going to change in the next few years.\n\nDuplexes beat lambos.", 'jfn0k2'], ['u/must_improve', 12, '2020-10-22 07:58', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9mf6i2/', "Dude that's crazy.", 'jfn0k2'], ['u/liquigate', 15, '2020-10-22 09:14', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9mk0g8/', 'Not really... If you earned $10,000 every day, 365 days a year from when they were building the pyramids in Ancient Egypt, until today - you would have **8.66% of Jeff Bezos wealth...**\n\nEgypt \n2630 BC + 2020 AD= 4650 years \n4650 years x 365 days = 1.697.250 days \n**1.697.250 days x 10.000$ = 16,972,500,000$** \n\n**Bezos Valuation=196,000,000,000$** \n\n\n \nYou will need to have LOADS of Bitcoin to arrive even at 10% of Bezos net worth... \n\n\nAnd yes I agree, if Bitcoin reaches 1Million, why sell? It will be a proof that "it made it".', 'jfn0k2']]], ['u/no-ok-maybe', 'Well.. 13k... alright then!', 27, '2020-10-22 00:54', 'https://www.reddit.com/r/CryptoCurrency/comments/jfno4p... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
12931.54, 13108.06, 13031.17, 13075.25, 13654.22, 13271.29, 13437.88, 13546.52, 13781.00, 13737.11
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["Digital asset manager Grayscale Investments has acquired an additional $300 million in cryptocurrencies over the last 24 hours.\n• Grayscale CEO Barry Silbert madethe announcementvia tweet late Thursday evening, shortly after his company postedan updateto its digital asset portfolio.\n• “Added a cool $300 million in assets under management in one day,” Silbert said. The additional sum brings the total held under management to $7.3 billion.\n• The move comes at a time when the hype surroundingPayPal's forayinto the crypto markets has drawn additional attention from big-name investors includingPaul Tudor Jones II.\n• Last week the digital asset manager announced itsbest quarterly results to date, having brought in just over $1 billion in investment across all of its cryptocurrency products.\n• Grayscale is owned by CoinDesk’s parent firm, Digital Currency Group, of which Silbert is a founder.\nSee also:Grayscale Tells SEC Its Bitcoin Trust Rose $1.6B Over Six Months\n• Grayscale Added $300M in Digital Assets to Its Portfolio During the Last Day\n• Grayscale Added $300M in Digital Assets to Its Portfolio During the Last Day\n• Grayscale Added $300M in Digital Assets to Its Portfolio During the Last Day\n• Grayscale Added $300M in Digital Assets to Its Portfolio During the Last Day", "Digital asset manager Grayscale Investments has acquired an additional $300 million in cryptocurrencies over the last 24 hours. Grayscale CEO Barry Silbert made the announcement via tweet late Thursday evening, shortly after his company posted an update to its digital asset portfolio. \x93Added a cool $300 million in assets under management in one day,\x94 Silbert said. The additional sum brings the total held under management to $7.3 billion. The move comes at a time when the hype surrounding PayPal's foray into the crypto markets has drawn additional attention from big-name investors including Paul Tudor Jones II . Last week the digital asset manager announced its best quarterly results to date , having brought in just over $1 billion in investment across all of its cryptocurrency products. Grayscale is owned by CoinDesk\x92s parent firm, Digital Currency Group, of which Silbert is a founder. See also: Grayscale Tells SEC Its Bitcoin Trust Rose $1.6B Over Six Months Related Stories Grayscale Added $300M in Digital Assets to Its Portfolio During the Last Day Grayscale Added $300M in Digital Assets to Its Portfolio During the Last Day Grayscale Added $300M in Digital Assets to Its Portfolio During the Last Day Grayscale Added $300M in Digital Assets to Its Portfolio During the Last Day", "PayPal Holdings Inc (NASDAQ: PYPL ) is in talks with digital asset custodian BitGo for an acquisition deal, according to Bloomberg . What Happened : A deal could be reached within weeks but discussions\xa0are\xa0still in the early stages, people familiar with the matter told Bloomberg.\xa0PayPal might consider other potential targets if the negotiations fall apart. BitGo, a California-based digital assets custodian, offers multi-signature wallet services.\xa0Multiple signatures generated from unique private keys are needed for routing transactions through such wallets. The terms of the deal are unknown. BitGo was last valued at $170 million in a 2018 funding round, according to Pitchbook data reported by Bloomberg. Why Does It Matter : Earlier this week, PayPal announced it is adding digital assets like Bitcoin, Bitcoin Cash, Ether, and Litecoin to its online payments platform — allowing users to buy, sell, and hold cryptocurrencies. PayPal plans to streamline cryptocurrencies as a funding source at its merchant partners sometime in 2021. Presently,\xa0the online payments solution provider only allows the self-custody of cryptocurrencies and does not permit users to transfer them to other PayPal accounts. PayPal’s new launch drew mixed reactions from the blockchain and digital assets community. Price Action : PayPal shares closed 4.29% lower at $203.93 on Thursday, and inched slightly higher in the after-hours session. See more from Benzinga Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas Key Highlights from Unilever's Q3 Earnings Amazon Invests 0M To Fuel Mexico Expansion © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. View comments", "PayPal Holdings Inc(NASDAQ:PYPL) is in talks with digital asset custodian BitGo for an acquisition deal, according toBloomberg.\nWhat Happened: A deal could be reached within weeks but discussions\xa0are\xa0still in the early stages, people familiar with the matter told Bloomberg.\xa0PayPal might consider other potential targets if the negotiations fall apart.\nBitGo, a California-based digital assets custodian, offers multi-signature wallet services.\xa0Multiple signatures generated from unique private keys are needed for routing transactions through such wallets.\nThe terms of the deal are unknown. BitGo was last valued at $170 million in a 2018 funding round, according to Pitchbook data reported by Bloomberg.\nWhy Does It Matter: Earlier this week, PayPal announcedit is addingdigital assets like Bitcoin, Bitcoin Cash, Ether, and Litecoin to its online payments platform — allowing users to buy, sell, and hold cryptocurrencies.\nPayPal plans to streamline cryptocurrencies as a funding source at its merchant partners sometime in 2021. Presently,\xa0the online payments solution provider only allows the self-custody of cryptocurrencies and does not permit users to transfer them to other PayPal accounts.\nPayPal’s new launch drew mixed reactions from the blockchain and digital assets community.\nPrice Action: PayPal shares closed 4.29% lower at $203.93 on Thursday, and inched slightly higher in the after-hours session.\nSee more from Benzinga\n• Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas\n• Key Highlights from Unilever's Q3 Earnings\n• Amazon Invests 0M To Fuel Mexico Expansion\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", 'Bitcoin prices surged earlier in the week after PayPal jumped into the cryptocurrency business, but not everyone in the crypto industry is thrilled with the news.\nPayPal is planning to launch its own cryptocurrency service, allowing people to buy, hold and sell digital currency on its site and applications. The move by the online payments company marked a significant milestone on the path to mainstream adoption of cryptocurrencies such as bitcoin. The reception by bitcoin investors was mostly positive as prices rose 5% on the news.\nThe efficiency, speed and resilience of cryptocurrencies give people financial inclusion and access advantages, said PayPal President and CEO Dan Schulman, who described the eventual shift from physical to digital currencies as ‘inevitable.’\nOur global reach, digital payments expertise, two-sided network, and rigorous security and compliance controls provide us with the opportunity, and the responsibility, to help facilitate the understanding, redemption and interoperability of these new instruments of exchange,” Schulman said in a statement.\nCointelegraph.com wrote, “While many in the industry were pleased with Bitcoin’s surge past $13,200 following an announcement that PayPal intends to integrate crypto into its network, some fail to see any benefit beyond the immediate price movement.”\nAccording to an October 21 blog post from Satoshi Labs, the team behind the crypto hardware wallet Trezor, PayPal’s push to start selling Bitcoin (BTC), is ‘probably not because they want to spur healthy adoption.” Their arguments are similar to ones made by many crypto holders against storing digital assets on exchanges, i.e. “not your keys, not your coins.”\n“If millions of newcomers are on boarded to Bitcoin by PayPal, there could be a very serious information gap that jeopardizes their experience and undermines key principles of cryptocurrency,” stated the blog post by SatoshiLabs. “No one should consider money held entirely by a third party as owned by them. Time after time, exchanges have lost user funds, often leaving them with no recourse.”\n“Long-term, if PayPal proceeds without consulting the community and letting their users control their own keys, it offers no value to the space. The greatest risk is that the clout they carry in traditional electronic payments will be interpreted as expertise in crypto. This would threaten the expert advice so carefully crafted by our community, which could be drowned out by the misinformed masses that PayPal brings to the space.”\nThe news may be good for PayPal shareholders because jumping into the cryptocurrency business will open up another income stream, which should lead to greater profits. However, buyers of Bitcoin who place their holdings on the PayPal platform have to be aware of the risks of exchange-held coins. Once again, it becomes a case of buyer-beware.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• US Economy’s Rocky Recovery Needs Fiscal Stimulus Jolt\n• Price of Gold Fundamental Daily Forecast – Traders Continue to Pin Hopes on Stimulus Deal Before Election\n• U.S Politics, Private Sector PMIs, and COVID-19 to Keep the Markets Busy\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 23rd, 2020\n• The Crypto Daily – Movers and Shakers – October 23rd, 2020\n• European Equities: Private Sector PMIs, COVID-19, and U.S Politics in Focus', 'Bitcoin prices surged earlier in the week after PayPal jumped into the cryptocurrency business, but not everyone in the crypto industry is thrilled with the news.\nPayPal is planning to launch its own cryptocurrency service, allowing people to buy, hold and sell digital currency on its site and applications. The move by the online payments company marked a significant milestone on the path to mainstream **Last 60 Days of Bitcoin's Closing Prices:** [11774.60, 11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33, 10669.58, 10793.34, 10604.41, 10668.97, 10915.69, 11064.46, 11296.36, 11384.18, 11555.36, 11425.90, 11429.51, 11495.35, 11322.12, 11358.10, 11483.36, 11742.04, 11916.33, 12823.69, 12965.89] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-10-23 **Financial & Commodity Data:** - Gold Closing Price: $1902.00 - Crude Oil Closing Price: $39.85 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $239,148,971,606 - Hash Rate: 130223558.30472532 - Transaction Count: 323869.0 - Unique Addresses: 712518.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.74 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A relic from Bitcoin’s early days, a “brainwallet” refers to a private key that is stored in the user’s memory either in the form of a seed phrase or a password, essentially giving you a portable “bank account” locked inside your head. Once you have the private key memorized, the rationale goes, you can access your bitcoin wallet from anywhere in the world, as long as you have internet access. It’s especially useful if you need to get out of Dodge quickly; your bitcoin will always be with you. To create a brainwallet, you can generate a new address using Bitcoin wallet software, memorize the seed phrase associated with the address using a mnemonic trick, and then delete the wallet from your computer or smartphone. You can also generate the private key yourself using bitcoin software specifically designed for creating brainwallets. This will create a wallet using whatever passphrase you choose to represent your private key. However, this method of generating a brainwallet is highly insecure for a number of reasons (poor entropy, for example) and is generally discouraged. Since brainwallets rely on the user remembering a passphrase, there is always the risk that you’ll forget it or, in the case of a user-generated phrase, that it will be easily guessed. To demonstrate how vulnerable user-generated passphrase wallets can be, depending on the quality of the password, an anonymous BitMex researcher generated eight wallets using quotes from popular literature, lyrics from a Bob Dylan song and an excerpt from Bitcoin’s white paper. Impressively, the “Call me Ishmael” wallet, derived from the notable opening line in Herman Melville’s “Moby-Dick”, was harpooned by a hacker literally the second it was created. For the others, all were swept within the day. The quote from the Bitcoin white paper took the longest to crack at roughly 13 hours. BitMex Research believes a single entity swept the wallets. “The speed and nature of the redemption of the funds clearly indicates that people have servers up online 24/7 scanning the blockchain and their respective memory pools for weak brainwallets to hack. These servers are likely to have pre-generated many hundreds of thousands of Bitcoin addresses, using text from thousands of published works, music, books, academic papers, magazines, blogs, tweets and other media and then stored these in a database,” the post reads. When generating a brainwallet, BitMex Research suggests composing a medley of words and phrases to create a more complex passphrase rather than relying on something “simple and poetic.” Related Stories Brainwallets: The Bitcoin Wallet You Probably Shouldn’t Use (Unless You Have To) Brainwallets: The Bitcoin Wallet You Probably Shouldn’t Use (Unless You Have To) Brainwallets: The Bitcoin Wallet You Probably Shouldn’t Use (Unless You Have To) Brainwallets: The Bitcoin Wallet You Probably Shouldn’t Use (Unless You Have To)... - Reddit Posts (Sample): [['u/im-just-your-bae', 'Is it a good investment if I don’t have enough buy 1 BTC?', 11, '2020-10-23 00:14', 'https://www.reddit.com/r/Bitcoin/comments/jg9xsq/is_it_a_good_investment_if_i_dont_have_enough_buy/', 'Hello,\n\nWould i see good returns on a 2k USD investment or (20% of a BTC) or is that simply too little of an investment to even think of and maybe putting it into ETH would make more sense? \n\nI am a young investor and fairly new to crypto, please don’t shit on me', 'https://www.reddit.com/r/Bitcoin/comments/jg9xsq/is_it_a_good_investment_if_i_dont_have_enough_buy/', 'jg9xsq', [['u/strangedude59', 39, '2020-10-23 00:34', 'https://www.reddit.com/r/Bitcoin/comments/jg9xsq/is_it_a_good_investment_if_i_dont_have_enough_buy/g9p62lp/', "Look. A 10% increase on any investment is a 10% increase. It doesn't matter if you invest 20 cents or $20,000. You only want to buy things you think will increase in value. If you think Bitcoin will increase in value, invest in it.", 'jg9xsq'], ['u/Raverrevolution', 11, '2020-10-23 00:36', 'https://www.reddit.com/r/Bitcoin/comments/jg9xsq/is_it_a_good_investment_if_i_dont_have_enough_buy/g9p6aad/', "Let me put some perspective in it for you.\n\nIn 2009 Bitcoin was worth $0, if you had bought 100 Bitcoin for $1 each you would have $1,315,000 now.\n\nThis is world changing technology. This isn't some company stock. For Bitcoin to fail and die is nearly impossible right now. On top of it you're here before 90%+ of the general public.\n\nBitcoin will most likely end up becoming the global reserve currency at some point. So this investment is more of a long term thing. 2k in it now is more than enough, but don't expect it to moon tomorrow.", 'jg9xsq']]], ['u/TR5_', 'Ethereum is on track to have a higher annual transaction volume than Bitcoin for the first time.', 156, '2020-10-23 01:35', 'https://www.reddit.com/r/CryptoCurrency/comments/jgbcvv/ethereum_is_on_track_to_have_a_higher_annual/', "2020 will be the first year Ethereum will have more transactions than Bitcoin.\nThe huge development of DeFi in the Crypto space is undoubtedly a huge factor contributing to this.\n\nhttps://ibb.co/BjTvTKp\n\nCould we see Ethereum overtake Bitcoin as the 'top' crypto in the future?", 'https://www.reddit.com/r/CryptoCurrency/comments/jgbcvv/ethereum_is_on_track_to_have_a_higher_annual/', 'jgbcvv', [['u/[deleted]', 18, '2020-10-23 02:00', 'https://www.reddit.com/r/CryptoCurrency/comments/jgbcvv/ethereum_is_on_track_to_have_a_higher_annual/g9pf748/', 'I believe Ethereum will definitely dethrone BTC one day.', 'jgbcvv'], ['u/cryptolicious501', 38, '2020-10-23 03:05', 'https://www.reddit.com/r/CryptoCurrency/comments/jgbcvv/ethereum_is_on_track_to_have_a_higher_annual/g9pm3te/', 'Wait till EIP 1559 is implemented making it more deflationary that BTC...\n\nThe flippening is real.', 'jgbcvv'], ['u/GreyTooFast', 12, '2020-10-23 03:22', 'https://www.reddit.com/r/CryptoCurrency/comments/jgbcvv/ethereum_is_on_track_to_have_a_higher_annual/g9po2lp/', 'As long as the network doesnt get too congested and they can actually release 2.0, then the flippening will occur.', 'jgbcvv'], ['u/Ruzhyo04', 27, '2020-10-23 07:23', 'https://www.reddit.com/r/CryptoCurrency/comments/jgbcvv/ethereum_is_on_track_to_have_a_higher_annual/g9qd6ke/', 'Imagine not being able to make any kind of real changes at all.', 'jgbcvv'], ['u/da_dreamerr', 12, '2020-10-23 10:23', 'https://www.reddit.com/r/CryptoCurrency/comments/jgbcvv/ethereum_is_on_track_to_have_a_higher_annual/g9qo5tx/', "Ethereum always bring bulls back, in 2017 also those ico's on ethereum platform brought bulls now Defi on ethereum network is doing same", 'jgbcvv']]], ['u/keto-guy03', 'Avoid the Paypal trap!', 272, '2020-10-23 02:44', 'https://www.reddit.com/r/BitcoinBeginners/comments/jgcj9q/avoid_the_paypal_trap/', 'On paypal, you are not buying bitcoin, you are simply buying a promise. It only exists as an entry on an excel spreadsheet, with no guarantee it is backed by actual bitcoin. The point of bitcoin is to be able to hold your own money, and exert financial sovereignety. If you wish to truly own bitcoin, buy them from an exchange (coinbase, kraken, bitstamp, for example), and keep them there until you learn how to store them in an offline wallet (such as a hardware wallet or a paper wallet). \n \nTrust me, you will not regret this after a few years. History is in the making, and you can secure your future by taking back control of what is rightfully yours. \n \nYours truly, \nA random bitcoiner.', 'https://www.reddit.com/r/BitcoinBeginners/comments/jgcj9q/avoid_the_paypal_trap/', 'jgcj9q', [['u/ApplesAreTheNewPears', 45, '2020-10-23 04:47', 'https://www.reddit.com/r/BitcoinBeginners/comments/jgcj9q/avoid_the_paypal_trap/g9pynfn/', 'For the most of society that still thinks running an .exe file sent from a sketchy email is acceptable, PayPal offers exactly what they want. They get the ups and downs of Bitcoin without the risk of being hacked. PayPal has reliable fraud and hack protection, which most exchanges don’t. PayPal logins are much easier to use than crypto wallets, and you don’t need to verify that the updates are legit (as recently happened with Electrum). So for the masses, PayPal is just fine.', 'jgcj9q'], ['u/TKozzer', 12, '2020-10-23 04:50', 'https://www.reddit.com/r/BitcoinBeginners/comments/jgcj9q/avoid_the_paypal_trap/g9pz0ar/', "I'm trying to get my parents interested in crypto and they aren't very tech savvy. Paypal is perfect for them and millions of others who are similar to my parents.", 'jgcj9q'], ['u/drm604', 11, '2020-10-23 13:49', 'https://www.reddit.com/r/BitcoinBeginners/comments/jgcj9q/avoid_the_paypal_trap/g9qzzbl/', "Can you imagine PayPal's customer service nightmare if they allowed transferring BTC? They're catering to the masses, most of whom will be clueless concerning wallets and keys, etc.\n\nThey'd be constantly handling calls from frantic clueless people who accidentally moved their BTC to a nonexistent wallet. How do they explain that the money is gone into the void forever? You and I understand. The typical PayPal user would be calling their lawyers.", 'jgcj9q']]], ['u/Panda_Procrastinator', "Consider advocating for Cash App (especially if you're a bitcoin maximalist)", 67, '2020-10-23 04:38', 'https://www.reddit.com/r/Bitcoin/comments/jgee86/consider_advocating_for_cash_app_especially_if/', "The reasoning is this:\n\n1. Jack Dorsey, the owner of cash app is a bitcoin maximalist, and I genuinely believe that he acts with bitcoin's best interests at heart.\n2. Cash app only allows for buying and selling of bitcoin (and not altcoins)\n\nThe problem with other exchanges is that they don't act with bitcoin's best interest at heart. They allow altcoins to pay to be put on their exchanges, even low quality ones. This siphon funds from bitcoin and when they are exposed as scams and crashed, smears Bitcoin's reputation.\n\nSo why help these exchanges that don't act with our best interests at heart? We are providing them with fees and perhaps more importantly, liquidity, which is key to many large investors when choosing an exchange.\n\nConsider advocate for cash app if you're bitcoin maximalist!", 'https://www.reddit.com/r/Bitcoin/comments/jgee86/consider_advocating_for_cash_app_especially_if/', 'jgee86', [['u/AmazingSuperPupils', 29, '2020-10-23 05:52', 'https://www.reddit.com/r/Bitcoin/comments/jgee86/consider_advocating_for_cash_app_especially_if/g9q5qeu/', "I don't give a fuck about twitter or how much bitcoiners love to bitch about its censorship, cashapp is an app my friends and family already have on their phone and getting them to talk about bitcoin is so much easier now. \n\nLet these turds complain in the comments. Whatever. The future is happening regardless.", 'jgee86'], ['u/uniaintshit', 11, '2020-10-23 06:57', 'https://www.reddit.com/r/Bitcoin/comments/jgee86/consider_advocating_for_cash_app_especially_if/g9qbbe1/', 'This is the reason I invested in Square Capital, indirect investment in Bitcoin and adoption to complement my direct investment in BTC', 'jgee86'], ['u/nerviosus', 12, '2020-10-23 10:05', 'https://www.reddit.com/r/Bitcoin/comments/jgee86/consider_advocating_for_cash_app_especially_if/g9qn6di/', 'But cash app is only available for the US right?', 'jgee86']]], ['u/AutoModerator', '[Daily Discussion] Friday, October 23, 2020', 47, '2020-10-23 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/jgfrn0/daily_discussion_friday_october_23_2020/', "**Thread topics include, but are not limited to:**\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n**Other ways to interact:**\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/jgfrn0/daily_discussion_friday_october_23_2020/', 'jgfrn0', [['u/artistmattem', 12, '2020-10-23 06:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/jgfrn0/daily_discussion_friday_october_23_2020/g9q7z77/', 'Consolidation ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
13108.06, 13031.17, 13075.25, 13654.22, 13271.29, 13437.88, 13546.52, 13781.00, 13737.11, 13550.49
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, fell by 0.40% on Friday. Partially reversing a 1.38% gain from Thursday, Bitcoin ended the day at $12,930.0. It was a mixed start to the day. Bitcoin rose to a late morning intraday high $13,032.0 before hitting reverse. Falling short of the first major resistance level at $13,214, Bitcoin fell to a late afternoon intraday low $12,738.0. Finding support at the first major support level at $12,736, Bitcoin revisited $12,970 levels before easing back. The near-term bullish trend remained intact, supported by the latest move through to $13,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Bitcoin Cash ABC (+0.75%), Chainlink (+1.63%), Crypto.com Coin (+0.82%), Litecoin (+1.87%), and Polkadot (+0.12%) found support, while Binance Coin ended the day flat. It was a bearish day for the rest of the majors. Bitcoin Cash SV (-2.19%) and Cardano’s ADA (-2.31%) led the way down. Ethereum (-1.23%) and Ripple’s XRP (-0.92%) saw relatively modest losses on the day. In the current week, the crypto total fell to a Tuesday low $347.77bn before surging to a Thursday high $397.58bn. At the time of writing, the total market cap stood at $387.31bn. Bitcoin’s dominance fell to a Wednesday low 57.52% before rising to a Thursday high 62.46%. At the time of writing, Bitcoin’s dominance stood at 61.82%. This Morning At the time of writing, Bitcoin was down by 0.11% to $12,921.0. A mixed start to the day saw Bitcoin rise to an early morning high $12,933.0 before falling to a low $12,882.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was also a mixed start to the day for the broader market. Crypto.com Coin (+2.23%), and Polkadot (+0.13%) found support to buck the trend early on. It was a bearish start for the rest of the majors, however. Story continues At the time of writing, Chainlink was down by 1.03% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $12,900 to bring the first major resistance level at $13,062 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $13,032.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $13,200 before any pullback. The second major resistance level sits at $13,194. Failure to avoid a fall back through the $12,900 pivot would bring the first major support level at $12,768 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$12,700 levels. The second major support level sits at $12,606. This article was originally posted on FX Empire More From FXEMPIRE: European Equities: A Week in Review – 23/10/20 Crude Oil Weekly Price Forecast – Crude Oil Continues Range Bound E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 3471.75, Weakens Under 3431.75 Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 24th, 2020 USD/JPY Weekly Price Forecast – US Dollar Continues to Struggle Natural Gas Price Forecast – Continues Explosive Move Higher', 'Bitcoin, BTC to USD, fell by 0.40% on Friday. Partially reversing a 1.38% gain from Thursday, Bitcoin ended the day at $12,930.0. It was a mixed start to the day. Bitcoin rose to a late morning intraday high $13,032.0 before hitting reverse. Falling short of the first major resistance level at $13,214, Bitcoin fell to a late afternoon intraday low $12,738.0. Finding support at the first major support level at $12,736, Bitcoin revisited $12,970 levels before easing back. The near-term bullish trend remained intact, supported by the latest move through to $13,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Bitcoin Cash ABC (+0.75%), Chainlink (+1.63%), Crypto.com Coin (+0.82%), Litecoin (+1.87%), and Polkadot (+0.12%) found support, while Binance Coin ended the day flat. It was a bearish day for the rest of the majors. Bitcoin Cash SV (-2.19%) and Cardano’s ADA (-2.31%) led the way down. Ethereum (-1.23%) and Ripple’s XRP (-0.92%) saw relatively modest losses on the day. In the current week, the crypto total fell to a Tuesday low $347.77bn before surging to a Thursday high $397.58bn. At the time of writing, the total market cap stood at $387.31bn. Bitcoin’s dominance fell to a Wednesday low 57.52% before rising to a Thursday high 62.46%. At the time of writing, Bitcoin’s dominance stood at 61.82%. This Morning At the time of writing, Bitcoin was down by 0.11% to $12,921.0. A mixed start to the day saw Bitcoin rise to an early morning high $12,933.0 before falling to a low $12,882.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was also a mixed start to the day for the broader market. Crypto.com Coin (+2.23%), and Polkadot (+0.13%) found support to buck the trend early on. It was a bearish start for the rest of the majors, however. Story continues At the time of writing, Chainlink was down by 1.03% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $12,900 to bring the first major resistance level at $13,062 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $13,032.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $13,200 before any pullback. The second major resistance level sits at $13,194. Failure to avoid a fall back through the $12,900 pivot would bring the first major support level at $12,768 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$12,700 levels. The second major support level sits at $12,606. This article was originally posted on FX Empire More From FXEMPIRE: European Equities: A Week in Review – 23/10/20 Crude Oil Weekly Price Forecast – Crude Oil Continues Range Bound E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 3471.75, Weakens Under 3431.75 Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 24th, 2020 USD/JPY Weekly Price Forecast – US Dollar Continues to Struggle Natural Gas Price Forecast – Continues Explosive Move Higher', "Wefinex The exponential growth of a fixed-time trading platform by integrating blockchain technology The exponential growth of a fixed-time trading platform by integrating blockchain technology PORT VILA, VANUATU, Oct. 23, 2020 (GLOBE NEWSWIRE) -- Wefinex, the innovative trading platform is all set to attract more traders by introducing a simpler and better way to trade and earn. The Wefinex platform provides the financial instruments that enable traders to profit by forecasting the right price action of popular cryptocurrency pairs. If the forecast is correct, the trader gets a big profit from their initial trade amount. Starting from the first quarter of 2020, Wefinex’s userbase has grown exponentially with monthly visitors grow to over 1 million from over 25 countries. According to Alexa, Wefinex has reached the top 3000 websites in global internet traffic and engagement with visitors come from all over the world, especially Brazil, Russia, Ukraine, and Vietnam. Wefinex positions their platform as one of the most transparent and highly secured exchanges. To maintain their transparency to all users, Wefinex has established Bitcoin Prices Indices. This Indices is calculated using a wide variety of data sources from other reputable exchanges in the industry and published for trading in real-time. Moreover, the platform utilizes top-tier data and asset protection technology in order to protect their customers' assets. To ensure that customers are happy with the platform, Wefinex team constantly upgrades and releases new features such as Quick deposit, Copy trading, Challenges,... The team is also constantly developing new highly sophisticated trading tools and indicators to improve traders’ ability to earn profits. Combined with its state-of-the-art, high-performance order matching engine technology, the platform is fully prepared to serve tens of millions of customers worldwide. At the center of their innovation is the Wefinex Affiliate program that provides their partners with two sustainable types of commissions: Agency Commission and Trading Commission. This new approach will strengthen the relationship between agencies and traders, helping each other to earn more together. Story continues Apart from the attractive Affiliate program, traders on Wefinex can participate in many activities that help them earn more based on their trading skills and trading volume. With Daily Lucky Draw, 3 lucky winners will be chosen to receive an iPhone worth $1000 every day. More than that, there will be Weekly challenges that have rewarded winning Traders more than $300,000 and Monthly challenges that have rewarded winning Agencies more than $100,000. The biggest price in the Challenges for a trader is $25,000 and for an agency is $12,000. Wefinex’s ultimate mission is to offer the most convenient, secure, and innovative trading solution in the world. The team is committed to creating an open and decentralized financial system that offers investors from every corner of the world access to global financial markets using cryptocurrency and other innovative financial products. By deeply integrated into the new digital economy utilizing blockchain technology and other revolutionary technologies, Wefinex will empower traders with competitive technology advantages that help them maximize their profits with minimal efforts **Last 60 Days of Bitcoin's Closing Prices:** [11366.13, 11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33, 10669.58, 10793.34, 10604.41, 10668.97, 10915.69, 11064.46, 11296.36, 11384.18, 11555.36, 11425.90, 11429.51, 11495.35, 11322.12, 11358.10, 11483.36, 11742.04, 11916.33, 12823.69, 12965.89, 12931.54] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-10-24 **Financial & Commodity Data:** - Gold Closing Price: $1902.00 - Crude Oil Closing Price: $39.85 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $239,148,971,606 - Hash Rate: 151099090.55204767 - Transaction Count: 306774.0 - Unique Addresses: 657714.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.73 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: You might call it taking a stand by not taking one. Brian Armstrong, CEO of Coinbase, took a strong stance against employee-driven corporate activism over the weekend, explaining that, going forward, his company would be “mission focused.” That means Coinbase will devote all of its attention to achieving the goal of creating “infrastructure for the crypto economy,” but will eschew any kind of activism, and won’t take a stand on policy or societal issues that go beyond that mission. Related: How the Crypto Industry Seesaws Between Assets and Infrastructure It’s not that those issues aren’t important and don’t need solving, Armstrong says, but that Coinbase’s best shot at making the world a better place is by achieving its central mission. It’s clear that Armstrong’s post comes in response to some kind of employee movement at Coinbase rather than pressure from the outside. He explains how he recently realized some employees believed Coinbase’s world-changing mission means the firm should actively push forward other ways to improve the world. Now that he’s taken this stance, though, he has very politely told those people to be activists on their own time or find another job. What’s also clear is Armstrong believes he’s far from alone among his C-Suite peers – not just at Coinbase or in the crypto industry, but among executive teams across corporate America. By sharing his position publicly, Armstrong obviously hopes it resonates and catches on, perhaps lighting the spark of some kind of backlash to the cultural moment that has, among other things, seen Scientific American take a position on the presidential race for the first time in its 175-year history. Related: First Mover: Binance CEO Sees Future in DeFi While Bitcoin Volatility Turns Minuscule And Armstrong is probably right to think so. Although barely any other CEOs responded to his post, several influencers chimed in their support. To be fair, the odds were skewed in his favor – big chunks of the crypto community, generally known to favor libertarianism and pseudonymity, would certainly feel affinity to Armstrong’s “leave me out of it” position. Story continues Of course, there was no shortage of people calling out Armstrong for taking a position that doesn’t just go against the grain of a trend sweeping companies throughout America, but is in their view fundamentally cowardly and on the wrong side of history. Ultimately, it will push away talent, critics say, since it will set the wrong tone with exactly the kind of employees they should want. Many workers feel empowered, and potentially more productive when they’re allowed to speak out on causes. Sapping productivity? Time will tell who is right with respect to Coinbase, but Armstrong’s stance is such a line in the sand in today’s culture that bigger questions are at stake. Coinbase isn’t just a darling of the crypto industry poised for an IPO – it’s a tech company based in Silicon Valley, ground zero for exactly the kind of employee activism Armstrong is eschewing. While many corporations make donations to righteous causes or respond to the cultural zeitgeist with message-based marketing, tech companies have seen employees take strong positions in recent years to pressure their employers to do what they believe is the right thing. Thousands of Google employees staged a walkout in 2018 over how the company handled sexual harassment allegations. Amazon workers continually speak out against the company making its facial recognition technology available to law enforcement . And Facebook’s employees are so emboldened that they’re directly critical of CEO Mark Zuckerberg in public forums. Armstrong even name-checks Facebook and Google in his Medium post, pointing to those companies’ internal strife as an indicator of sapped productivity. The company I really think he’s thinking about, however, is Spotify, whose employees are openly revolting over podcaster Joe Rogan’s arrival on the platform, demanding new safeguards be put in place over potentially objectionable content. This is where the comparison between Coinbase and the strife within the tech industry starts to break down. It’s one thing for a crypto exchange to take an apolitical stance, and another for a communications platform – where speech, information and the handling of those things are the company’s core product – to do so. But that’s exactly the point. Armstrong’s position isn’t a message to Silicon Valley heavyweights to turn back the clock on employee “wokeness” – it’s an open letter to every other corporate leader, urging them to connect the dots between the political positions they might be taking and the central mission of their companies. And if the result is a picture they don’t like, rethink. I’m not naive. In today’s world, where every day seems to bring a new tragedy or flashpoint that raises the cultural temperature even more, that’s a hard thing to do. Pete Pachal is CoinDesk’s Executive Editor, Operations & Strategy Related Stories Coinbase Has Drawn a Line in the Sand for Its Activist Employees Coinbase Has Drawn a Line in the Sand for Its Activist Employees... - Reddit Posts (Sample): [['u/Jonah7154', 'Thoughts on this move?', 12, '2020-10-24 01:04', 'https://www.reddit.com/r/Bitcoin/comments/jgxxo1/thoughts_on_this_move/', 'I’m currently really young (16), and I have huge conviction in bitcoin to the point where I have 50% of my asset value allocated to it (it’s still a very small amount of capital, in the 4 figures). However, I’ve been thinking about just going all in (meaning make it 100%) because my conviction for bitcoin is higher than any other asset. \n\nIs this dumb because I don’t have any diversification? I’m strongly considering doing this so any insight would be greatly appreciated.', 'https://www.reddit.com/r/Bitcoin/comments/jgxxo1/thoughts_on_this_move/', 'jgxxo1', [['u/TheGreatMuffin', 14, '2020-10-24 01:11', 'https://www.reddit.com/r/Bitcoin/comments/jgxxo1/thoughts_on_this_move/g9td42n/', '> Is this dumb because I don’t have any diversification? \n\nThis isn\'t a yes or no question.* Decisions like that depend on many variables, f.ex: do you have any incoming cash flows? Do you have short-term financial goals (or otherwise goals requiring money)? Do you have any debt? Are psychologically and financially ok to lose any money you\'ve invested into bitcoin? Are you familiar with proper bitcoin storage? Why do you want to buy bitcoin in the first place? And a few dozens more similar questions. \n\nNow, when I was 16 I certainly wouldn\'t be able to answer such questions in depth (nor should you really answer such types of questions to strangers on the internet), but hopefully you\'ll understand that none of us here are qualified to give you an answer on your initial question. Also, don\'t be in hurry to make financial decisions based purely on recent price moves. It\'s all good, you\'ll have plenty of opportunities to make those decisions. Relax and take your time. \n\n\\* although the likelihood of the answer being "yes" is higher than "no", if you\'d really press on for a binary reply (and "diversification" means uncorrelated assets, not altcoins. But it can also imply skills, education etc).', 'jgxxo1']]], ['u/[deleted]', 'I’m scared about China', 11, '2020-10-24 02:33', 'https://www.reddit.com/r/CryptoCurrency/comments/jgzdlz/im_scared_about_china/', 'China was just testing digital yuan and it wasn’t a success but if it wants people to implement it won’t it go after bitcoin and 700k per hour for 51% attack can be done by China, so can someone put me to ease please', 'https://www.reddit.com/r/CryptoCurrency/comments/jgzdlz/im_scared_about_china/', 'jgzdlz', [['u/GSEDAN', 10, '2020-10-24 03:01', 'https://www.reddit.com/r/CryptoCurrency/comments/jgzdlz/im_scared_about_china/g9tv7wt/', 'Not particularly in love with China myself, but what an ignorant statement. If you want to say something about people not having a brain, you may want to at least try and spell correctly. LOL', 'jgzdlz'], ['u/TibbersCrypto', 10, '2020-10-24 03:22', 'https://www.reddit.com/r/CryptoCurrency/comments/jgzdlz/im_scared_about_china/g9tyxqv/', "A single 51% attack will forever taint Bitcoin even if its for an hour. The store of value narrative is all Bitcoin has left. I don't see a bright future for it if China does a 51% attack, especially with hundreds of more efficient cryptocurrencies waiting to fill its shoes. I dont know what the best course of action against this is but I'm not keeping all my eggs in 1 basket.", 'jgzdlz'], ['u/ZeusFinder', 11, '2020-10-24 04:34', 'https://www.reddit.com/r/CryptoCurrency/comments/jgzdlz/im_scared_about_china/g9u9pq7/', 'If an attack happens we could simply restart the system from the last position that was trusted on the block. Satoshi said this himself.', 'jgzdlz']]], ['u/zenethics', 'In 2021, there are some things that will fundamentally change', 50, '2020-10-24 04:19', 'https://www.reddit.com/r/Bitcoin/comments/jh0y7u/in_2021_there_are_some_things_that_will/', "1. People who presumed this was going to go away will have to come to terms with the fact that it isn't.\n\n2. Very rich people will have to wrestle with knowing that they may be running out of time where they can afford a whole Bitcoin. \n\n3. Lamborghini will have to have to come out with an air tight / tracked model of their car so \nthat we can drive it on the moon from citadel to citadel.", 'https://www.reddit.com/r/Bitcoin/comments/jh0y7u/in_2021_there_are_some_things_that_will/', 'jh0y7u', [['u/YUGEdickxx', 24, '2020-10-24 05:10', 'https://www.reddit.com/r/Bitcoin/comments/jh0y7u/in_2021_there_are_some_things_that_will/g9uenkn/', 'warrent buffet will buy bitcoin at 2021. At 25k bitcoin will have almost the same market cap that apple did when he waived the white flag and bought his first tech company. Like him alot more bilionaires will come\n\nyou can save this and thank me later', 'jh0y7u'], ['u/zenethics', 17, '2020-10-24 05:20', 'https://www.reddit.com/r/Bitcoin/comments/jh0y7u/in_2021_there_are_some_things_that_will/g9ug2bu/', 'I think 25k will be a 2 week long kind of thing on the way to 50k that doesn\'t give him time to get into the market at that price. People with these "100k in 3 years" kind of predictions make me laugh. No, once we hit 20k, we\'re like 6 or 7 months away from 100k. \n\n\nSource: in 2017 when we made a new ATH at 1300, we doubled to 2600 in a month. And now there are even more people paying attention and a few orders of magnitude more money on the sidelines.', 'jh0y7u'], ['u/zenethics', 10, '2020-10-24 06:07', 'https://www.reddit.com/r/Bitcoin/comments/jh0y7u/in_2021_there_are_some_things_that_will/g9ulbla/', 'Three things:\n\n1. Anyone sure of what prices will do is trying to sell you something. Don\'t buy it.\n\n\n2. Last time we peaked it was after a fork, a hash war, confusion about "the real Bitcoin" (which is now settled), confusion about the payment network / reserve asset definition, and confusion about whether this was a tulip mania or a new permanent fixture in the world (also now settled, its the second thing).\n\n\n3. Prices in crypto tend to play out in fractals, or at least have so far. Now, when this thing makes a new ATH, we\'ll have an entire world looking at it as a kind of game of musical chairs, and they\'ll be forced to realize that the music just stopped and there\'s only 21 million seats. If we go to 100k in the next 18 months that\'s a no brainer. It won\'t start to feel toppy to me until we see 250k or more (maybe as high as 2M). The opposite side of this equation is that, some people will have bought at 100k and some people will have bought at 100 and at some point the price will be so high that some people will be obligated to sell and diversify because it has become such a big part of their net worth that it is a personal risk to them to have so much in one asset (even an asset as pristine as Bitcoin).', 'jh0y7u'], ['u/zenethics', 33, '2020-10-24 06:28', 'https://www.reddit.com/r/Bitcoin/comments/jh0y7u/in_2021_there_are_some_things_that_will/g9unyrr/', 'As another clarification, Bitcoin isn\'t a kind of stock, it\'s a new category of money. In your life, you\'ll see 500 thousand new stocks. You\'ll never see a new category of money (it\'s a rarer than once in a lifetime kind of event - in the last 4000 years, this is #4 - precious metals, notes backed by precious metals, notes not backed by precious metals, bitcoin). Stocks represent ownership in a company. Money is half of every transaction. "Not in the same ballpark" doesn\'t do it justice. They aren\'t in the same universe.', 'jh0y7u']]], ['u/crayola110', 'How safe is Blockfi', 14, '2020-10-24 05:14', 'https://www.reddit.com/r/blockfi/comments/jh1q5y/how_safe_is_blockfi/', 'Is Blockfi still Safu? Seems unsustainable the 10% on stable coins and 6%btc return?\n\nAre they insured and safe from bankruptcy or have pretty good backup plans if cryptos dump really low?', 'https://www.reddit.com/r/blockfi/comments/jh1q5y/how_safe_is_blockfi/', 'jh1q5y', [['u/au_bits', 12, '2020-10-24 05:36', 'https://www.reddit.com/r/blockfi/comments/jh1q5y/how_safe_is_blockfi/g9ui6yb/', "Don't put all your eggs in one basket. Blockfi use a method of [rehypothecation](https://www.investopedia.com/terms/r/rehypothecation.asp) that, if done judiciously, should return the original investor (you) a profit.\n\nWe're all in the same boat if crypto's dump then it'll be worth less than goat shit. So no insurance for that. However they're custodied by Gemini. Which is for all intents and purposes the Fort Knox of the bitcoin world", 'jh1q5y']]], ['u/megability', 'So I’m trying to onboard my 16yo cousin from a distance... but the Bitcoin.com wallet is not making it as easy as I think we need', 25, '2020-10-24 05:46', 'https://www.reddit.com/r/btc/comments/jh26j5/so_im_trying_to_onboard_my_16yo_cousin_from_a/', 'Ok so I set up a wallet for my cousin, funded it with a little BCH, wrote down the 12 word seed, and then helped him import that to the Bitcoin.com app to get his wallet, easy right?\n\nNo\n\nThe first thing he tells me is the app wanted his iCloud account to log in, so he gave it... ugh... that should be later, and an option, not the FIRST dang step...\n\nThen he sends me a screenshot of the main screen, it lists “My BCH Wallet” in green, and “My Bitcoin Wallet” in orange below... again arg, why can’t it be “BitcoinCash” at least!?!?\n\nOf course he says “ok I see Bitcoin, but what’s BCH?”\n\nThen I tell him to open the orange Bitcoin wallet, then the 3 dots at top right, then delete the wallet - which can’t be done apparently - WHY!?!?\n\nI know Bitcoin.com doesn’t want to be TOO UNFAIR to BTC but geez, they should really make the initial experience a little bit better for newbies... and BCH', 'https://www.reddit.com/r/btc/comments/jh26j5/so_im_trying_to_onboard_my_16yo_cousin_from_a/', 'jh26j5', [['u/ThomasZander', 16, '2020-10-24 10:21', 'https://www.reddit.com/r/btc/comments/jh26j5/so_im_trying_to_onboard_my_16yo_cousin_from_a/g9vkn1m/', 'I\'ve been saddened that the bitcoin,com wallet has gotten worse... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
13031.17, 13075.25, 13654.22, 13271.29, 13437.88, 13546.52, 13781.00, 13737.11, 13550.49, 13950.30
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin, BTC to USD, rose by 1.52% on Saturday. Reversing a 0.40% fall from Friday, Bitcoin ended the day at $13,127.0. It was another mixed start to the day. Bitcoin fell to an early morning intraday low $12,882.0 before making a move. Steering clear of the first major support level at $12,768, Bitcoin rose to a mid-afternoon intraday high $13,178.0. Bitcoin broke through the first major resistance level at $13,062 before falling back to $13,050 levels. Finding late support, however, Bitcoin broke back through the first major resistance level to wrap up the day at $13,100 levels. The near-term bullish trend remained intact, supported by the latest move through to $13,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Binance Coin (-0.10%) and Cardano’s ADA (-0.17%), saw red to buck the trend on the day. It was a bullish day for the rest of the majors, with Bitcoin Cash SV (+3.03%), Chainlink (+4.39%), and Litecoin (+6.94%) leading the way. Bitcoin Cash ABC (+2.18%), Crypto.com Coin (+0.69%) Ethereum (+0.74%), Polkadot (+0.61%), and Ripple’s XRP (+0.54%) saw relatively modest gains on the day. In the current week, the crypto total fell to a Tuesday low $347.73bn before surging to a Thursday high $397.6bn. At the time of writing, the total market cap stood at $392.73bn. Bitcoin’s dominance fell to a Wednesday low 57.52% before rising to a Thursday high 62.46%. At the time of writing, Bitcoin’s dominance stood at 61.81%. This Morning At the time of writing, Bitcoin was down by 0.21% to $13,099.0. A bearish start to the day saw Bitcoin fall from an early morning high $13,128.0 to a low $13,099.0 Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day, with Bitcoin Cash SV up by 1.64% to buck the trend early on. Story continues It was a bearish start to the day for the rest of the majors, however. At the time of writing, Crypto.com Coin and Litecoin were down by 2.13% and by 2.11% respectively to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $13,062 to bring the first major resistance level at $13,243 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $13,178.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $13,500 before any pullback. The second major resistance level sits at $13,358. Failure to avoid a fall through the $13,062 pivot would bring the first major support level at $12,947 into play. Barring an extended crypto sell-off, Bitcoin should steer well clear of sub-$12,800 levels. The second major support level sits at $12,766. This article was originally posted on FX Empire More From FXEMPIRE: U.S Mortgage Rates Fall to Yet another All-time Low Silver Weekly Price Forecast – Silver Markets Form Bears Candle E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Basing Inside Key Retracement Zone E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 3471.75, Weakens Under 3431.75 Gold Weekly Price Forecast – Gold Markets Form Bearish Weekly Candle The Week Ahead – Brexit, U.S Politics, COVID-19, and a Busy Economic Calendar in Focus', 'Bitcoin, BTC to USD, rose by 1.52% on Saturday. Reversing a 0.40% fall from Friday, Bitcoin ended the day at $13,127.0. It was another mixed start to the day. Bitcoin fell to an early morning intraday low $12,882.0 before making a move. Steering clear of the first major support level at $12,768, Bitcoin rose to a mid-afternoon intraday high $13,178.0. Bitcoin broke through the first major resistance level at $13,062 before falling back to $13,050 levels. Finding late support, however, Bitcoin broke back through the first major resistance level to wrap up the day at $13,100 levels. The near-term bullish trend remained intact, supported by the latest move through to $13,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Binance Coin (-0.10%) and Cardano’s ADA (-0.17%), saw red to buck the trend on the day. It was a bullish day for the rest of the majors, with Bitcoin Cash SV (+3.03%), Chainlink (+4.39%), and Litecoin (+6.94%) leading the way. Bitcoin Cash ABC (+2.18%), Crypto.com Coin (+0.69%) Ethereum (+0.74%), Polkadot (+0.61%), and Ripple’s XRP (+0.54%) saw relatively modest gains on the day. In the current week, the crypto total fell to a Tuesday low $347.73bn before surging to a Thursday high $397.6bn. At the time of writing, the total market cap stood at $392.73bn. Bitcoin’s dominance fell to a Wednesday low 57.52% before rising to a Thursday high 62.46%. At the time of writing, Bitcoin’s dominance stood at 61.81%. This Morning At the time of writing, Bitcoin was down by 0.21% to $13,099.0. A bearish start to the day saw Bitcoin fall from an early morning high $13,128.0 to a low $13,099.0 Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day, with Bitcoin Cash SV up by 1.64% to buck the trend early on. Story continues It was a bearish start to the day for the rest of the majors, however. At the time of writing, Crypto.com Coin and Litecoin were down by 2.13% and by 2.11% respectively to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $13,062 to bring the first major resistance level at $13,243 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $13,178.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $13,500 before any pullback. The second major resistance level sits at $13,358. Failure to avoid a fall through the $13,062 pivot would bring the first major support level at $12,947 into play. Barring an extended crypto sell-off, Bitcoin should steer well clear of sub-$12,800 levels. The second major support level sits at $12,766. This article was originally posted on FX Empire More From FXEMPIRE: U.S Mortgage Rates Fall to Yet another All-time Low Silver Weekly Price Forecast – Silver Markets Form Bears Candle E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Basing Inside Key Retracement Zone E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 3471.75, Weakens Under 3431.75 Gold Weekly Price Forecast – Gold Markets Form Bearish Weekly Candle The Week Ahead – Brexit, U.S Politics, COVID-19, and a Busy Economic Calendar in Focus', 'Bitcoinclosed above $13,000 Saturday for the first time in over two and a half years following a week of positive news for the leading cryptocurrency.\n• Bitcoin had last closed above $13,000 on Jan. 15, 2018, six weeks after bitcoin closed above $13,000 for the first time on its way to an all-time high of $19,892, according to Coinbase market data.\n• Through late June and early July in 2019, bitcoin briefly traded above $13,000, revisiting that price level on Wednesday through Friday, but still failing to close above it.\n• This week,newsthat PayPal is allowing its customers to buy and sell certain cryptocurrencies, along with recent investments in bitcoin by Square and MicroStrategy, has given the leading cryptocurrency a strong tailwind. Just yesterday, JPMorgan analystswrotethat bitcoin has “considerable upside potential.”\n• Bloomberg Intelligence set $13,000 as a breakout price target for bitcoin in a Julyreportthat called the leading cryptocurrency a “caged bull”.\n• Year to date, bitcoin has gained 82%.\n• Bloomberg Intelligence Senior Commodity Strategist Mike McGlone, who authored the report, told CoinDesk in an email he was impressed by how bitcoin broke above $10,000 in late July and turned that level into support when it was revisited from the upside in early September.\n• As for the future, bitcoin’s “fundamental and technical indicators remain positive,” McGlone said.\n• Bitcoin Price Closes Above $13K for First Time Since January 2018, Driven by a Flurry of Good News\n• Bitcoin Price Closes Above $13K for First Time Since January 2018, Driven by a Flurry of Good News\n• Bitcoin Price Closes Above $13K for First Time Since January 2018, Driven by a Flurry of Good News\n• Bitcoin Price Closes Above $13K for First Time Since January 2018, Driven by a Flurry of Good News', 'Bitcoinclosed above $13,000 Saturday for the first time in over two and a half years following a week of positive news for the leading cryptocurrency.\n• Bitcoin had last closed above $13,000 on Jan. 15, 2018, six weeks after bitcoin closed above $13,000 for the first time on its way to an all-time high of $19,892, according to Coinbase market data.\n• Through late June and early July in 2019, bitcoin briefly traded above $13,000, revisiting that price level on Wednesday through Friday, but still failing to close above it.\n• This week,newsthat PayPal is allowing its customers to buy and sell certain cryptocurrencies, along with recent investments in bitcoin by Square and MicroStrategy, has given the leading cryptocurrency a strong tailwind. Just yesterday, JPMorgan analystswrotethat bitcoin has “considerable upside potential.”\n• Bloomberg Intelligence set $13,000 as a breakout price target for bitcoin in a Julyreportthat called the leading cryptocurrency a “caged bull”.\n• Year to date, bitcoin has gained 82%.\n• Bloomberg Intelligence Senior Commodity Strategist Mike McGlone, who authored the report, told CoinDesk in an email he was impressed by how bitcoin broke above $10,000 in late July and turned that le **Last 60 Days of Bitcoin's Closing Prices:** [11488.36, 11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33, 10669.58, 10793.34, 10604.41, 10668.97, 10915.69, 11064.46, 11296.36, 11384.18, 11555.36, 11425.90, 11429.51, 11495.35, 11322.12, 11358.10, 11483.36, 11742.04, 11916.33, 12823.69, 12965.89, 12931.54, 13108.06] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-10-25 **Financial & Commodity Data:** - Gold Closing Price: $1902.00 - Crude Oil Closing Price: $39.85 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $239,148,971,606 - Hash Rate: 116306536.8065104 - Transaction Count: 242273.0 - Unique Addresses: 547380.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.76 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: NEW YORK, NY / ACCESSWIRE / September 29, 2020 /ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD). Real-Time Market Data is available atwww.alt5pro.comand Real-Time Market Data feed is also available atwww.alt5sigma.com.ALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH About ALT 5 Sigma Inc. ALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance. ALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers. ALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services. For more information, visitwww.alt5sigma.com. Contact: Andre BeauchesneTel. [email protected] For more information on ALT 5 Pay, visitwww.alt5pay.comFor more information on ALT 5 Pro, visitwww.alt5pro.com SOURCE:ALT 5 Sigma Inc. View source version on accesswire.com:https://www.accesswire.com/608369/ALT-5-Sigma-Digital-Instrument-Market-Summary-for-BTC-ETH-LTC-BCH... - Reddit Posts (Sample): [['u/takeoveritsyours', "Let's see how long a BTC transaction with low fees REALLY takes.", 44, '2020-10-25 00:05', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/', 'This isn\'t meant to trash Bitcoin, or the main bitcoin sub. I own and use both BTC and BCH - and I sort of think the two can coexist. BUT you\'ll pretty frequently read over there that transactions with fees as low as 1sat/byte are completely workable ON THE MAIN CHAIN. The argument is that BCH DOESNT actually have lower fees, because cheap BTC transactions will confirm just fine. (eventually). \n\nI wanted to play around with exactly how to define "eventually," so I built a small transaction in electrum. I\'ll link it below. You\'ll note lock time was 654079. As i write this post, we are currently on block 654159. I think it will be interesting to see what the height is when the transaction is actually confirmed. Any guesses?\n\nEdit: Confirmed in block 654222! It took apprx 140 blocks for a transaction to confirm with extremely low fees (in a fairly crowded environment). It worked out to be almost exactly 24 hrs. \n\n​\n\nLink to transaction: [https://blockstream.info/tx/a956de7e0a5cc9fa77ed332cebbe91ee39435f8112b86efcb9809e7eddc2eb7e](https://blockstream.info/tx/a956de7e0a5cc9fa77ed332cebbe91ee39435f8112b86efcb9809e7eddc2eb7e)', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/', 'jhhr29', [['u/Phptower', 16, '2020-10-25 01:20', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9ywc1i/', 'Thanks. Good idea and post. I think it takes 3 days.', 'jhhr29'], ['u/playfulexistence', 23, '2020-10-25 01:31', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9yy6cd/', 'You can see from this chart that if you had sent a BTC transaction four days ago with a 1 sat/byte fee, it still would not have confirmed today.\n\n[https://jochen-hoenicke.de/queue/#0,1w](https://jochen-hoenicke.de/queue/#0,1w)', 'jhhr29'], ['u/Kay0r', 19, '2020-10-25 02:44', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9za5an/', "If by 'most' you mean the last 3 years then you're correct. \nUnfortunately for you, BTC is 11 years old.", 'jhhr29'], ['u/1MightBeAPenguin', 19, '2020-10-25 02:47', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9zalqu/', 'the "fee-market" on BTC is artificially imposed. This was never the intended plan of action.', 'jhhr29'], ['u/Kay0r', 23, '2020-10-25 02:54', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9zbq4p/', "Nope. Late 2016. \nYou're full of shit, trying to mislead on a FUCKING PUBLIC LEDGER.", 'jhhr29'], ['u/SoulMechanic', 10, '2020-10-25 02:06', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9zdnqj/', "This lie doesn't work here.", 'jhhr29'], ['u/redditornym', 16, '2020-10-25 02:09', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9ze2yr/', "Neat idea for a test, but now that you've published the information, anyone could pay a transaction accelerator to make it happen sooner than it would otherwise. So now it's an observation can affect the outcome situation you've created.", 'jhhr29'], ['u/SoulMechanic', 11, '2020-10-25 02:23', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9zgdj5/', "It's a top 5 coin since it's inception for a reason.\n\nI think you should find better things to do with your Saturday.", 'jhhr29'], ['u/1MightBeAPenguin', 17, '2020-10-25 04:10', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9zx7j6/', "You're straw-manning me. I'm not arguing that Bitcoins should be sent for free over the internet, but the entire point was for the system to be as frictionless as possible. The frictionless and cash properties of BTC were there for the majority of its history.", 'jhhr29'], ['u/phillipsjk', 11, '2020-10-25 04:20', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9zywl8/', "If blocks averaged 8MB, 4 times BTC's capacity, [fees would still be low](https://cointelegraph.com/news/bitcoin-cash-stress-test-results-21-million-transactions-cause-no-surge-in-fees).", 'jhhr29'], ['u/phillipsjk', 11, '2020-10-25 05:22', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/ga08lnt/', 'I literally linked to [a write-up of] the September 1, 2018 "stress test" [from a BTC maximalist publication] that showed it to be true empirically.', 'jhhr29'], ['u/nolo_me', 16, '2020-10-25 07:49', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/ga0rfol/', 'It\'s the perfect time to test it, because "it works sometimes" is not good enough.', 'jhhr29'], ['u/mjh808', 12, '2020-10-25 08:10', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/ga0u6ff/', 'You could send transactions without a fee at all in 2013.', 'jhhr29']]], ['u/alwaysSearching23', 'Is BlockFi legit?', 37, '2020-10-25 00:37', 'https://www.reddit.com/r/Bitcoin/comments/jhiafp/is_blockfi_legit/', 'Has anyone used blockfi? It seems to good to be true of giving 8.6% on bitcoin investing', 'https://www.reddit.com/r/Bitcoin/comments/jhiafp/is_blockfi_legit/', 'jhiafp', [['u/Brettanomyces78', 18, '2020-10-25 00:47', 'https://www.reddit.com/r/Bitcoin/comments/jhiafp/is_blockfi_legit/g9yqvos/', "The 8.6% is on certain stablecoins. Bitcoin is somewhere around 6%, less if over 2.5 BTC.\n\nGemini does their custody, so that's good. Beyond that, I'm not too sure. They seem to be one of the most secure within the field of lenders, but they're still lending out your Bitcoin. It's not without risk.\n\nEdit: corrected % rate thanks to poster below finding my error.", 'jhiafp'], ['u/[deleted]', 22, '2020-10-25 01:42', 'https://www.reddit.com/r/Bitcoin/comments/jhiafp/is_blockfi_legit/g9yzxur/', 'Not your keys, not your coins. I always worry about spontaneous KYC requirements when I think about giving my coins to someone else.', 'jhiafp'], ['u/Lobotomies4Sale', 13, '2020-10-25 02:13', 'https://www.reddit.com/r/Bitcoin/comments/jhiafp/is_blockfi_legit/g9z58wy/', "There isn't a chance in hell that your coins are sitting in vaults at Gemini if you're getting paid interest on them. They're being lent out to....? \n\nNot your keys, not your bitcoin", 'jhiafp']]], ['u/chickenfisted', 'Where to store less than $1k in BTC?', 18, '2020-10-25 00:42', 'https://www.reddit.com/r/Bitcoin/comments/jhida5/where_to_store_less_than_1k_in_btc/', "I have convinced a friend to buy some bitcoin, they used shakepay as the onramp.\n\nWhere is the best place for them to store it? I've read paper wallets are no longer the thing. It's not realistic for them to buy a ledger for the amount that they're holding.\n\nAny suggestions? Much appreciated", 'https://www.reddit.com/r/Bitcoin/comments/jhida5/where_to_store_less_than_1k_in_btc/', 'jhida5', [['u/brianddk', 12, '2020-10-25 02:40', 'https://www.reddit.com/r/Bitcoin/comments/jhida5/where_to_store_less_than_1k_in_btc/g9zj1fa/', 'The levels of security from worst to best. $1k may be a lot to some people:\n\n1. Keep it on an exchange without 2FA (worst)\n2. Keep it on an exchange with SMS 2FA\n3. Keep it on an exchange with Google Auth 2FA\n4. Keep it on an exchange with HW-2FA\n5. Keep it on your Windows laptop / desktop\n6. Keep it on your Linux laptop / desktop\n7. Keep it on your iPhone\n8. Keep it on your Android\n9. Keep it in a paper wallet\n1. Keep it on an air-gapped machine\n1. Keep it in a multisig wallet split between laptop, desktop, android\n1. Keep it on a HW wallet\n1. Keep it on a multisig wallet split between two HW wallets (best)', 'jhida5']]], ['u/CIassik', 'How much BTC does the average member here probably have?', 22, '2020-10-25 02:57', 'https://www.reddit.com/r/Bitcoin/comments/jhkgyb/how_much_btc_does_the_average_member_here/', 'I joined a few weeks ago and when I hear how personally invested and how much people praise BTC I usually assume these people have several bitcoins at least (3-5+), then I get a little jealous for not being involved sooner. How many BTC do you think the average member here has?', 'https://www.reddit.com/r/Bitcoin/comments/jhkgyb/how_much_btc_does_the_average_member_here/', 'jhkgyb', [['u/losloppie', 48, '2020-10-25 02:59', 'https://www.reddit.com/r/Bitcoin/comments/jhkgyb/how_much_btc_does_the_average_member_here/g9zchux/', 'Definitely not 3-5', 'jhkgyb'], ['u/Garebear8585', 24, '2020-10-25 02:00', 'https://www.reddit.com/r/Bitcoin/comments/jhkgyb/how_much_btc_does_the_average_member_here/g9zcp8q/', 'Tree fiddy', 'jhkgyb'], ['u/radioshackhead', 78, '2020-10-25 02:04', 'https://www.reddit.com/r/Bitcoin/comments/jhkgyb/how_much_btc_does_the_average_member_here/g9zd9tr/', 'honestly i would say between 0.01 and 0.1', 'jhkgyb'], ['u/guitarjunky64', 32, '2020-10-25 02:09', 'https://www.reddit.com/r/Bitcoin/comments/jhkgyb/how_much_btc_does_the_average_member_here/g9ze5m6/', "Most probably 0.1 or less... most people cant afford a $1,000 emergency. Dont forget we just got hit with a world wide pandemic. \n\nAnd most people have more debt than they do savings. \n\nAnd remember if you own ANY bitcoin, you're already ahead of the game", 'jhkgyb'], ['u/Scynful', 24, '2020-10-25 02:12', 'https://www.reddit.com/r/Bitcoin/comments/jhkgyb/how_much_btc_does_the_average_member_here/g9zenb6/', "I think the way we use the term 'stacking sats' more than 'stacking Bitcoins/Bits' should be a pretty good indicator of our scale.", 'jhkgyb'], ['u/blankjoke', 47, '2020-10-25 02:21', 'https://www.reddit.com/r/Bitcoin/comments/jh... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
13075.25, 13654.22, 13271.29, 13437.88, 13546.52, 13781.00, 13737.11, 13550.49, 13950.30, 14133.71
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["Virgil Griffith’s lawyer has filed a motion to dismiss the U.S. government’schargesthat the Ethereum developer violated sanctions law by speaking at a North Korean cryptocurrency conference.\nThemotion, filed by attorney Brian Klein, claims the government’s late-2019 indictment of Griffith doesn’t “specify any alleged overt facts” and contains no actual allegation of fact.\nGriffith was arrested last November on charges he violated the International Emergency Economic Powers Act (IEEPA) and executive orders by going to North Korea and speaking during a crypto conference, where he allegedly taught government officials how to use the technology to bypass economic sanctions.\nRelated:OFAC Warns That Firms Helping Victims With Ransomware Payouts Risk Violating Its Rules\nIt’s the first sanctions case in a U.S. court involving cryptocurrency, and as such is likely to be closely watched. The results could hold a precedent for other cases the government might bring under the law, as the U.S. continues adding individuals and entities to its sanctions lists.\nRead more:USA v. Virgil Griffith: What We Know (and Don’t) in the Bombshell Crypto Sanctions Case\nKlein’s motion to dismiss claims the President of the United States does not have the authority to prohibit the transmission of information, and that the Office of Foreign Assets Control (OFAC), the Treasury Department division overseeing sanctions enforcement, has “issued no regulations and published no guidance to clarify the definition of ‘services'” that are otherwise prohibited under executive orders.\n“It appears that the government’s theory is that, by attending and speaking at a blockchain conference in Pyongyang, Mr. Griffith provided ‘services’ because he ‘provided the DPRK with valuable information on blockchain and cryptocurrency technologies, and participated in discussions regarding using cryptocurrency technologies to evade sanctions and launder money,'” the motion said.\nRelated:Iran Is Ripe for Bitcoin Adoption, Even as Government Clamps Down on Mining\nAccording to Klein, Griffith only provided information that was already in the public domain.\nThe next step in the case is likely a government response to Klein’s motion.\n• Ethereum Dev Virgil Griffith’s Attorney Files Motion to Dismiss Charges of Aiding North Korea\n• Ethereum Dev Virgil Griffith’s Attorney Files Motion to Dismiss Charges of Aiding North Korea", "Virgil Griffith\x92s lawyer has filed a motion to dismiss the U.S. government\x92s charges that the Ethereum developer violated sanctions law by speaking at a North Korean cryptocurrency conference. The motion , filed by attorney Brian Klein, claims the government\x92s late-2019 indictment of Griffith doesn\x92t \x93specify any alleged overt facts\x94 and contains no actual allegation of fact. Griffith was arrested last November on charges he violated the International Emergency Economic Powers Act (IEEPA) and executive orders by going to North Korea and speaking during a crypto conference, where he allegedly taught government officials how to use the technology to bypass economic sanctions. Related: OFAC Warns That Firms Helping Victims With Ransomware Payouts Risk Violating Its Rules It\x92s the first sanctions case in a U.S. court involving cryptocurrency, and as such is likely to be closely watched. The results could hold a precedent for other cases the government might bring under the law, as the U.S. continues adding individuals and entities to its sanctions lists. Read more: USA v. Virgil Griffith: What We Know (and Don\x92t) in the Bombshell Crypto Sanctions Case Klein\x92s motion to dismiss claims the President of the United States does not have the authority to prohibit the transmission of information, and that the Office of Foreign Assets Control (OFAC), the Treasury Department division overseeing sanctions enforcement, has \x93issued no regulations and published no guidance to clarify the definition of \x91services'\x94 that are otherwise prohibited under executive orders. \x93It appears that the government\x92s theory is that, by attending and speaking at a blockchain conference in Pyongyang, Mr. Griffith provided \x91services\x92 because he \x91provided the DPRK with valuable information on blockchain and cryptocurrency technologies, and participated in discussions regarding using cryptocurrency technologies to evade sanctions and launder money,'\x94 the motion said. Related: Iran Is Ripe for Bitcoin Adoption, Even as Government Clamps Down on Mining According to Klein, Griffith only provided information that was already in the public domain. The next step in the case is likely a government response to Klein\x92s motion. Related Stories Ethereum Dev Virgil Griffith\x92s Attorney Files Motion to Dismiss Charges of Aiding North Korea Ethereum Dev Virgil Griffith\x92s Attorney Files Motion to Dismiss Charges of Aiding North Korea View comments", 'Bitcoin, BTC to USD, fell by 0.69% on Sunday. Partially reversing a 1.52% gain from Saturday, Bitcoin ended the week up by 13.20% to $13,037.\nIt was another mixed start to the day. Bitcoin rose to an early morning intraday high $13,358.0 before hitting reverse.\nBreaking through the first major resistance level at $13,243, Bitcoin came up against the second major resistance level at $13,358.\nThe reversal saw Bitcoin slide through the first major support level at $12,945 to a mid-morning intraday low $12,850.0\nFinding support through the rest of the day, Bitcoin recovered to $13,000 levels to limit the loss on the day.\nThe near-term bullish trend remained intact, supported by the latest move through to $13,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Sunday.\nBitcoin Cash SV rallied by 8.16%, with Polkadot rising by 0.30% to buck the trend on the day.\nIt was a bearish end to the week for the rest of the majors.\nChainlink and Crypto.com Coin slid by 4.29% and by 4.63% respectively to lead the way down.\nBinance Coin (-1.60%), Bitcoin Cash ABC (-1.50%), Cardano’s ADA (-1.39%), Ethereum (-1.48%), and Ripple’s XRP (-1.20%) also struggled.\nLitecoin (-0.62%) saw a relatively modest loss on the day.\nFor the week ending 25thOctober, it was also a mixed bag.\nLitecoin surged by 23.73% to lead the way.\nBitcoin Cash ABC (+9.32%), Bitcoin Cash SV (+13.38%), Chainlink (+11.07%), Ethereum (+7.37%), and Ripple’s XRP (+4.52%) also found strong support.\nIt was a bearish week for the rest of the pack, however.\nCrypto.com Coin tumbled by 18.53% to lead the way down.\nBinance Coin (-1.73%), Cardano’s ADA (-1.00%), and Polkadot (-6.72%) also struggled in the week.\nIn the week, the crypto total fell to a Tuesday low $347.73bn before surging to a Sunday high $403.12bn. At the time of writing, the total market cap stood at $391.33bn.\nBitcoin’s dominance fell to a Wednesday low 57.52% before rising to a Thursday high 62.46%. At the time of writing, Bitcoin’s dominance stood at 61.73%.\nAt the time of writing, Bitcoin was up by 0.12% to $13,053.0. A mixed start to the day saw Bitcoin fall to an early morning low $12,990.0 before rising to a high $13,055.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nRipple’s XRP was up by 2.19% to lead the way.\nBinance Coin (+0.15%), Cardano’s ADA (+0.64%), Chainlink (+0.56%), Ethereum (+0.36%), Litecoin (+0.29%), and Polkadot (+0.44%) also found early support.\nIt was a bearish start to the day for the rest of the majors, however.\nBitcoin Cash SV (-1.18%) and Crypto.com Coin (-2.02%) struggled early on.\nBitcoin would need to move through the pivot level at $13,082 to bring the first major resistance level at $13,313 into play.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $13,300 levels.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test resistance at $13,500 before any pullback. The second major resistance level sits at $13,590.\nFailure to move through the $13,082 pivot would bring the first major support level at $12,805 into play.\nBarring an extended crypto sell-off, Bitcoin should steer well clear of sub-$12,800 levels. The second major support level sits at $12,574.\nThisarticlewas originally posted on FX Empire\n• Grainger Stock Forecast Raised to $401 at Morgan Stanley; $449 in Best Case Scenario\n• The Crypto Daily – Movers and Shakers – October 26th, 2020\n• U.S Mortgage Rates Fall to Yet another All-time Low\n• European Equities: Futures Point South, with Brexit, COVID-19, and U.S Politics in Focus\n• USD/JPY Fundamental Weekly Forecast – Investors Responding to Attractive Japanese Yields\n• AUD/USD and NZD/USD Fundamental Weekly Forecast – Stimulus May Take Backseat to US Presidential Election', 'Bitcoin, BTC to USD, fell by 0.69% on Sunday. Partially reversing a 1.52% gain from Saturday, Bitcoin ended the week up by 13.20% to $13,037. It was another mixed start to the day. Bitcoin rose to an early morning intraday high $13,358.0 before hitting reverse. Breaking through the first major resistance level at $13,243, Bitcoin came up against the second major resistance level at $13,358. The reversal saw Bitcoin slide through the first major support level at $12,945 to a mid-morning intraday low $12,850.0 Finding support through the rest of the day, Bitcoin recovered to $13,000 levels to limit the loss on the day. The near-term bullish trend remained intact, supported by the latest move through to $13,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Sunday. Bitcoin Cash SV rallied by 8.16%, with Polkadot rising by 0.30% to buck the trend on the day. It was **Last 60 Days of Bitcoin's Closing Prices:** [11323.40, 11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33, 10669.58, 10793.34, 10604.41, 10668.97, 10915.69, 11064.46, 11296.36, 11384.18, 11555.36, 11425.90, 11429.51, 11495.35, 11322.12, 11358.10, 11483.36, 11742.04, 11916.33, 12823.69, 12965.89, 12931.54, 13108.06, 13031.17] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-10-26 **Financial & Commodity Data:** - Gold Closing Price: $1902.70 - Crude Oil Closing Price: $38.56 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $241,012,544,656 - Hash Rate: 109348026.05740292 - Transaction Count: 252494.0 - Unique Addresses: 579939.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.75 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Key bitcoin (BTC) on-chain metrics have flipped bearish this week, suggesting the top cryptocurrency by market cap may extend its recent price losses in the short term. On Tuesday, the net inflow of bitcoin to exchanges (measured by the total change in exchange balances) was 36,800 BTC, according to data source Chainalysis . That’s the biggest single-day rise since the markets crash on March 12 sent prices to a 2020 low. “Since Sept. 20, the net daily inflow of bitcoins to exchanges have been increasing and trade intensity has been declining,” Philip Gradwell, an economist at Chainalysis, told CoinDesk. This, he said, “indicates a weakening market.” The uptick in net inflows represents an increase in selling pressure, since investors typically move coins from their wallets to exchanges when they see a possible need to liquidate their holdings. Further, bitcoin’s trade intensity, which measures the number of times an inflowing coin is traded, fell to a one-year low of 1.75 on Tuesday. That’s a sign there were not enough buyers to absorb the spiking inflow of coins. Trade intensity has declined from 4.93 to 1.75 in the last three days. “There is a lot of inventory building on exchanges and fewer buyers willing to trade. These conditions tend to lead to price declines,” Gradwell said. Long-term bull bias intact Bitcoin fell by over 4.5% on Monday as investors bought the safe-haven U.S. dollar, but sold equities, gold and other fiat currencies on renewed coronavirus concerns. The drop set the stage for a continuation of the pullback from August highs above $12,400, according to the technical charts. Immediate supports are seen at $10,000 and $9,868 (Sept. 8 low). However, while bitcoin may suffer deeper declines in the short-term, the overall bias remains bullish. “We are still above $10,000, only the third time bitcoin has maintained this price level for multiple weeks, and long-term investors are buying bitcoin in increasing amounts,” Gradwell noted. The options market is also showing bullish bias on the longer time frames. The three- and six-month put-call skews remain below zero, a sign that bullish call options are drawing higher demand or prices compared to bearish put options. At press time, bitcoin is trading near $10,477, up slightly on the day, according to CoinDesk’s Bitcoin Price Index . Story continues Also read: Bitcoin Traders Say Options Market Understates Likelihood of Chaotic US Election Related Stories Bitcoin Market Weakening After Macro-Based Sell-Off, On-Chain Data Suggests Bitcoin Market Weakening After Macro-Based Sell-Off, On-Chain Data Suggests Bitcoin Market Weakening After Macro-Based Sell-Off, On-Chain Data Suggests Bitcoin Market Weakening After Macro-Based Sell-Off, On-Chain Data Suggests... - Reddit Posts (Sample): [['u/[deleted]', 'Bitcoin', 38, '2020-10-26 01:26', 'https://www.reddit.com/r/Bitcoin/comments/ji4lry/bitcoin/', 'I have been hearing a phrase about bitcoin and it is "not your keys, not your coins", my question is if you buy bitcoin thru and third party to store them, how do you store them yourself and how do you keep your own keys, people seem to repeat that sentence quite often but they do not a lot of explanations. Does any of you have any sources where I can find answers?', 'https://www.reddit.com/r/Bitcoin/comments/ji4lry/bitcoin/', 'ji4lry', [['u/andreasma', 79, '2020-10-26 02:38', 'https://www.reddit.com/r/Bitcoin/comments/ji4lry/bitcoin/ga4iwwk/', 'As the person who "coined" the phrase "not your keys, not your bitcoin", allow me to explain the implications:\n\nBitcoin stored by someone else is not under your control. Due to the nature of cryptocurrency, this represents a high risk. Taking control of your coins by controlling the keys has its own risks of course, mostly risk related to inexperience and "operator error". Unlike third party custody risks, however, you can overcome the risks of storing your own bitcoin by acquiring knowledge and practical skills. \n\nIf you are technical enough, you should try and store your bitcoin on your own wallet, preferably a hardware wallet. If you are not yet technical enough to do that, you should consider buying a hardware wallet and practicing with small amounts, backing up, erasing it, recovering, etc. until you feel confident you can do it.', 'ji4lry'], ['u/beowulfpt', 22, '2020-10-26 02:48', 'https://www.reddit.com/r/Bitcoin/comments/ji4lry/bitcoin/ga4jz3p/', 'Nice. Not everyday you get a reply by Andreas himself. Good advice.\n\n\nExtra tip from a pleb to the OP /u/Auslanderr30, buy a Coldcard, so you won\'t end up storing shitcoin keys in it and getting lost in "DeFi" nonsense.\n\nBTC vs time wasting. Don\'t waste time. Time is the most valuable human resource.', 'ji4lry'], ['u/FACILITATOR44', 16, '2020-10-26 02:52', 'https://www.reddit.com/r/Bitcoin/comments/ji4lry/bitcoin/ga4kf1u/', "Nice to see you out here in the wild 👍\n\nThanks for all you've done for crypto", 'ji4lry']]], ['u/da_engineer22', 'Bitcoin is gaining recognition', 101, '2020-10-26 01:42', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/', 'Someone in r/financialindependence made a post asking about bitcoin in their portfolio. The responses were mostly flooded with people saying bitcoin is a scam and will go away. Here and there people saying they have a small % in btc. I got in a back and forth with one guy that clearly has never looked into bitcoin at all just spewing inaccurate lies. \n\nFeast your eyes on the average person who claims to be financially literate (WE ARE STILL EARLY): https://www.reddit.com/r/financialindependence/comments/jhxtsr/does_bitcoin_have_a_legit_place_in_ones_portfolio/ga2x3xg/?utm_source=share&utm_medium=ios_app&utm_name=iossmf&context=3', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/', 'ji4v0p', [['u/JJMabuhay', 14, '2020-10-26 01:45', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4dg4b/', "lol was there. Gave a legitimate answer and some rando just came at me.\n\n​\n\nedit: I do agree with your point - it's still early.", 'ji4v0p'], ['u/da_engineer22', 13, '2020-10-26 01:47', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4dlzb/', 'It’s crazy that these people consider themselves financially literate', 'ji4v0p'], ['u/[deleted]', 22, '2020-10-26 02:02', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4f4xw/', 'Went there to hand out knowledge. Got throttled. Have to wait before I can post a single reply.', 'ji4v0p'], ['u/da_engineer22', 30, '2020-10-26 02:04', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4fdsu/', 'Yeah good luck. That sub is full of people that consider having their money in an S&P index a high risk investment', 'ji4v0p'], ['u/DaPurpleBishop', 29, '2020-10-26 02:08', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4fqh4/', 'It’s because they don’t understand it. Since they can’t understand it, then it’s bad and a scam. I’ve read a couple books by rich Wall Street guys and all of them have said Bitcoin is a scam. \n\nEveryone I’ve talked to says that Bitcoin is a scam because it’s all made up and there is nothing preventing the value from skyrocketing or dropping. To which I ask.... what do they think stocks are? Haha', 'ji4v0p'], ['u/TheAnalogKoala', 16, '2020-10-26 02:20', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4gyzg/', 'I don’t want to get into it too much and be downvoted to oblivion by the moonboy brigade but Bitcoin is very different from a stock. Stocks signify actual ownership of something physical.\n\nEdit: ok guys I give up. You have convinced me that Bitcoin is exactly like a stock. Thanks! Just waiting on those sweet bitcoin dividends.', 'ji4v0p'], ['u/NevilleLongbottomBTC', 14, '2020-10-26 02:40', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4j4wj/', "It signifies what, a piece of paper somewhere? Can you trustessly prove you own it without verification from a third party? Can you transfer ownership of it without the help of a third party? Is it resistant to govt seizure? Is it private?\n\n\n A stock signifies nothing but a promise from someone. you don't own shit.", 'ji4v0p'], ['u/hashuan', 36, '2020-10-26 02:49', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4k2xq/', 'The best part is knowing they’re all over there saying “lol those bitcoin guys just don’t get it.”', 'ji4v0p'], ['u/weeedtaco', 95, '2020-10-26 03:08', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4m4mx/', 'I’m glad they’re missing the boat tbh', 'ji4v0p'], ['u/ExisDiff', 19, '2020-10-26 03:39', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4p5kf/', "What always strikes me in those nocoiner and shitcoin conversations is the prominence of the energy inefficiency argument and the total lack of understanding of proof of work.\n\nTo me, it shows that these finance professionals don't even understand why gold is valuable and then of course they have no clue of [how bitcoin is leveraged off the gold concept](https://imgur.com/a/CGbz8dT).\n\nGold is valuable because there is absolutely no doubt as to whether there was a cheap way to acquire; eg it is expensive to mine and it is irreversible (until Newton's gold standard, [they still thought gold could be created](https://en.wikipedia.org/wiki/Philosopher%27s_stone)). Gold mining seems wildly wasteful, but it is the only way for people to have reassurance that they own something that is and remains valuable and hence its historic valuation.\n\nWithout an understanding of bitcoin's Proof of Work and why a miner should 'work hard' and prove its work to mine a bitcoin, one will always fall for the 'shitcoin PoS trap', fraught with centralisation and forgeability issues.", 'ji4v0p'], ['u/Reach_Beyond', 16, '2020-10-26 03:44', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4pofj/', 'r/financialindependence was my top subreddit for a long time, and I have one of the top comments on that thread. Even as soon as a year ago any mention of BTC would have you downvoted to hell. That sub represents the white collar workers of US and EU, most pull in 100-300k a year. The fact that a discussion is happening more is a huge step!\n\nIt’s when those mid/upper mid class workers starting investing we’ll see BTC boom.', 'ji4v0p'], ['u/tob23ler', 16, '2020-10-26 08:06', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga59sp2/', "Ya. That particular post had 119 upvotes. They're so happy in their eco-chamber together. \n\nIt's fun to read, i find.", 'ji4v0p'], ['u/SpockSays', 12, '2020-10-26 08:37', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga5bie8/', 'I don\'t disagree.. but honestly, most countries (especially USA) will need to update their tax laws if regular people are ever going to spend their bitcoin for "normal everyday commerce".\n\nI don\'t want to activate a capital gains event every single time I buy a coffee or some groceries.\n\nI can happily use my fiat for that, continue to accumulate/save in bitcoin, and make planned decisions with my bitcoin when I strategically want to, to best navigate the pitfalls of the tax code.', 'ji4v0p'], ['u/Bitcoin_puzzler', 13, '2020-10-26 11:38', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga5l06g/', 'Power consumption is one of the biggest plusses in bitcoin ;)\n\nLets go for total power consumption and we will finally disrupt the power space too.', 'ji4v0p']]], ['u/UnusualSayings24-7', 'I feel redundant', 31, '2020-10-26 02:02', 'https://www.reddit.com/r/Bitcoin/comments/ji56ni/i_feel_redundant/', 'Folks, at the old age I am I feel like I have lost my grip with technology.\n\nIn my teens and early twenties I knew all about gadgets the latest craze etc....\n\nEvery time I read about bitcoin even when it was being talked about on the good old bodybuilding.com forums I couldn’t make heads or tails of it.\n\nAs I’m getting older I have begun to think more about retirement, god willing I see that old age. In about 12 years if I leave early or 22 if my investments don’t pay off.\n\nI pay into an ok private pension. I have paid into regular 10 year saving plans with the first to mature in three years with about £3k every year thereafter.\n\nMy question is this and please forgive for sounding outdated and left behind. I want to invest in bitcoin for the long term. I have no desire to make payments... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
13654.22, 13271.29, 13437.88, 13546.52, 13781.00, 13737.11, 13550.49, 13950.30, 14133.71, 15579.85
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin’s(BTC) price continues to rise even as coronavirus-induced instability rocks the stock markets.\n• Bitcoin is trading near $13,420 at time of writing, a 2.77% gain on the day.\n• That marks a fresh 16-month high for the cryptocurrency, which is now up 25% for the month and 87% on a year-to-date basis.\n• Bitcoin’s on-chain data, too, is showing no signs of investor trepidation.\n• The number of daily deposits to cryptocurrency exchanges fell to a nine-month low of 26,889 on Monday.\n• Further, the total number of bitcoins held on exchanges slipped to a two-year low of 2,478,799 BTC, according to data sourceGlassnode.\n• So the bullish mood continues for bitcoin, even though the global stock marketssuffered lossesand Wall Street’s benchmark equity index, the S&P 500, fell nearly by 2% on coronavirus concerns Monday.\n• The decline in exchange deposits suggests investors are unperturbed by the risk aversion in traditional markets and see low odds of bitcoin suffering an equity market-induced sell-off.\n• Investors typically move coins from their wallets to exchanges to liquidate holdings when expecting a price slide, and take direct custody of their assets when the cryptocurrency is expected to rally.\n• In effect, we appear to be seeing a weakening of thepositive correlationbetween bitcoin and the S&P 500 seen since the March crash.\n• “The decline in transfers to exchanges despite risk-off in equity markets is a bullish sign,” Matthew Dibb, co-founder, and COO of Stack Funds, told CoinDesk over WhatsApp.\n• The cryptocurrency is likely to stay strong in the coming weeks, he added.\n• Bitcoin’s options market is also retaining bullish bias.\n• The one-, three- and six-month put-call skews, which measure the cost of puts relative to calls, continue to hover below zero, a sign of calls – bullish bets – drawing higher prices (or demand) than puts – bearish bets.\n• The cryptocurrency suffered a minor drop to $12,700 during Monday’s U.S. trading hours only to chart a quick recovery to levels above $13,000.\n• “The next resistance to take out is $13,800 (June 2019 high).\n• “If bitcoin breaks below $12,700, we will take action and decrease our exposure further,” Patrick Heusser, a senior cryptocurrency trader at Zurich-based Crypto Broker AG told CoinDesk in a Twitter chat.\n• Disclosure:The author holds small positions in bitcoin andlitecoin.\nAlso read:Number of Bitcoin ‘Whale’ Addresses at Highest Since Autumn 2016\n• Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks\n• Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks\n• Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks\n• Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks', 'Bitcoin\x92s (BTC) price continues to rise even as coronavirus-induced instability rocks the stock markets. Bitcoin is trading near $13,420 at time of writing, a 2.77% gain on the day. That marks a fresh 16-month high for the cryptocurrency, which is now up 25% for the month and 87% on a year-to-date basis. Bitcoin\x92s on-chain data, too, is showing no signs of investor trepidation. The number of daily deposits to cryptocurrency exchanges fell to a nine-month low of 26,889 on Monday. Further, the total number of bitcoins held on exchanges slipped to a two-year low of 2,478,799 BTC, according to data source Glassnode . So the bullish mood continues for bitcoin, even though the global stock markets suffered losses and Wall Street\x92s benchmark equity index, the S&P 500, fell nearly by 2% on coronavirus concerns Monday. The decline in exchange deposits suggests investors are unperturbed by the risk aversion in traditional markets and see low odds of bitcoin suffering an equity market-induced sell-off. Investors typically move coins from their wallets to exchanges to liquidate holdings when expecting a price slide, and take direct custody of their assets when the cryptocurrency is expected to rally. In effect, we appear to be seeing a weakening of the positive correlation between bitcoin and the S&P 500 seen since the March crash. \x93The decline in transfers to exchanges despite risk-off in equity markets is a bullish sign,\x94 Matthew Dibb, co-founder, and COO of Stack Funds, told CoinDesk over WhatsApp. The cryptocurrency is likely to stay strong in the coming weeks, he added. Bitcoin\x92s options market is also retaining bullish bias. The one-, three- and six-month put-call skews, which measure the cost of puts relative to calls, continue to hover below zero, a sign of calls \x96 bullish bets \x96 drawing higher prices (or demand) than puts \x96 bearish bets. The cryptocurrency suffered a minor drop to $12,700 during Monday\x92s U.S. trading hours only to chart a quick recovery to levels above $13,000. \x93The next resistance to take out is $13,800 (June 2019 high). \x93If bitcoin breaks below $12,700, we will take action and decrease our exposure further,\x94 Patrick Heusser, a senior cryptocurrency trader at Zurich-based Crypto Broker AG told CoinDesk in a Twitter chat. Disclosure: The author holds small positions in bitcoin and litecoin . Story continues Also read: Number of Bitcoin \x91Whale\x92 Addresses at Highest Since Autumn 2016 Related Stories Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks', 'Bitcoin’s(BTC) price continues to rise even as coronavirus-induced instability rocks the stock markets.\n• Bitcoin is trading near $13,420 at time of writing, a 2.77% gain on the day.\n• That marks a fresh 16-month high for the cryptocurrency, which is now up 25% for the month and 87% on a year-to-date basis.\n• Bitcoin’s on-chain data, too, is showing no signs of investor trepidation.\n• The number of daily deposits to cryptocurrency exchanges fell to a nine-month low of 26,889 on Monday.\n• Further, the total number of bitcoins held on exchanges slipped to a two-year low of 2,478,799 BTC, according to data sourceGlassnode.\n• So the bullish mood continues for bitcoin, even though the global stock marketssuffered lossesand Wall Street’s benchmark equity index, the S&P 500, fell nearly by 2% on coronavirus concerns Monday.\n• The decline in exchange deposits suggests investors are unperturbed by the risk aversion in traditional markets and see low odds of bitcoin suffering an equity market-induced sell-off.\n• Investors typically move coins from their wallets to exchanges to liquidate holdings when expecting a price slide, and take direct custody of their assets when the cryptocurrency is expected to rally.\n• In effect, we appear to be seeing a weakening of thepositive correlationbetween bitcoin and the S&P 500 seen since the March crash.\n• “The decline in transfers to exchanges despite risk-off in equity markets is a bullish sign,” Matthew Dibb, co-founder, and COO of Stack Funds, told CoinDesk over WhatsApp.\n• The cryptocurrency is likely to stay strong in the coming weeks, he added.\n• Bitcoin’s options market is also retaining bullish bias.\n• The one-, three- and six-month put-call skews, which measure the cost of puts relative to calls, continue to hover below zero, a sign of calls – bullish bets – drawing higher prices (or demand) than puts – bearish bets.\n• The cryptocurrency suffered a minor drop to $12,700 during Monday’s U.S. trading hours only to chart a quick recovery to levels above $13,000.\n• “The next resistance to take out is $13,800 (June 2019 high).\n• “If bitcoin breaks below $12,700, we will take action and decrease our exposure further,” Patrick Heusser, a senior cryptocurrency trader at Zurich-based Crypto Broker AG told CoinDesk in a Twitter chat.\n• Disclosure:The author holds small positions in bitcoin andlitecoin.\nAlso read:Number of Bitcoin ‘Whale’ Addresses at Highest Since Autumn 2016\n• Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks\n• Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks\n• Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks\n• Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks', "Learn about Aspire and how to buy and sell ASP and GASP on Bitcoin.com Exchange during an AMA on Tuesday, October 27 LAS VEGAS, Oct. 27, 2020 (GLOBE NEWSWIRE) -- ( via Blockchain Wire ) - Aspire Technology , developer of digital asset creation technologies, today announced a Telegram AMA hosted with Bitcoin.com Exchange. The Telegram AMA will take place Tuesday, October 27 at 11 am PST / 2 pm EST / 6 pm GMT on the Bitcoin.com Exchange Telegram Channel . Participants will learn how Aspire makes it easy to create your own digital assets, and have all their questions answered about buying and selling Aspire (ASP) and Aspire Gas (GASP) on Bitcoin.com. The Aspire platform, which consists of the Aspire (ASP) digital asset creation platform and Aspire Gas (GASP) blockchain, is the first digital asset creation platform to be free of double spending, resisting both mining exploits and 51 percent attacks that are common to proof-of-work blockchains. ASP and GASP were both recently listed on Bitcoin.com Exchange. Both tokens were created under the leadership of core developer Jim Blasko, a proof-of-work innovator since 2012. Blasko and Co-Founder Michael Terpin will both field questions during Tuesday’s AMA. Aspire was designed and built by remodeling legacy Counterparty software and replacing Bitcoin's blockchain with their own Proof Of Work blockchain known as “gAsp.” This was done to allow for greater security and to be able to run on the lowest possible transaction fees. Aspire is the most cost-effective platform in the world to build digital assets on, as users are able to perform over 300k transactions of their assets with just 1 GASP coin. Digital assets have been a key part of the growth of the blockchain, including the rapid growth of digital collectibles. All are welcome to j **Last 60 Days of Bitcoin's Closing Prices:** [11542.50, 11506.87, 11711.51, 11680.82, 11970.48, 11414.03, 10245.30, 10511.81, 10169.57, 10280.35, 10369.56, 10131.52, 10242.35, 10363.14, 10400.92, 10442.17, 10323.76, 10680.84, 10796.95, 10974.91, 10948.99, 10944.59, 11094.35, 10938.27, 10462.26, 10538.46, 10246.19, 10760.07, 10692.72, 10750.72, 10775.27, 10709.65, 10844.64, 10784.49, 10619.45, 10575.97, 10549.33, 10669.58, 10793.34, 10604.41, 10668.97, 10915.69, 11064.46, 11296.36, 11384.18, 11555.36, 11425.90, 11429.51, 11495.35, 11322.12, 11358.10, 11483.36, 11742.04, 11916.33, 12823.69, 12965.89, 12931.54, 13108.06, 13031.17, 13075.25] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2020-10-27 **Financial & Commodity Data:** - Gold Closing Price: $1908.80 - Crude Oil Closing Price: $39.57 **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $241,012,544,656 - Hash Rate: 98413223.45166264 - Transaction Count: 251938.0 - Unique Addresses: 600338.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.61 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Litecoin(LTC), a nine-year-old cryptocurrency whose price returns have chronically underperformed the bigger and better-knownbitcoinin recent years, is hitching its wagon to a new star: privacy. The blockchain industry subsector of “privacy coins” – cryptocurrencies with embedded technology that shields identifying information from public view – is becoming one of this year’s hottest buys. One of the biggest privacy coins,zcash(ZEC), which offers “shielded transaction” capabilities, has nearly tripled so far in 2020, whilemonero(XMR), which uses a technique called “ring signatures” to obscure sender and receiver data, has doubled. Litecoin founder Charlie Lee told CoinDesk in an interview the project is now looking to adopt key privacy-enhancing features, which he sees as increasingly attractive to cryptocurrency users. The enhancements are already being tested, and an upgrade to the main network is scheduled for next year.If the effort succeeds, it might inject ajolt of enthusiasminto a project that has suffered from a lack of momentum in digital-asset markets. Litecoin is up 21% this year after a 38% gain in 2019, which pales in comparison to bitcoin’s 59% year-to-date gain and a 94% increase last year. Related:Market Wrap: Bitcoin Slips to $11.2K; Uniswap Flows Dominate Ether “I want to make it so that users don’t have to worry about giving up their financial privacy by using litecoin,” Lee said. “Even if you’re not doing anything illegal, you don’t want people to know how much money you have or what your paycheck is.”– Daniel CawreyRead More:In Effort to Differentiate, Litecoin Makes a Move to Privacy Bitcoin is hovering near $11,400 at press time, having snapped a six-day winning trend with a 1% drop on Tuesday. Related:CFTC Chairman Heath Tarbert Talks Ethereum, DeFi and the Next BitMEX Notably, the cryptocurrency formed an “inside day” candle on Tuesday, aborting the immediate bullish technical outlook. Inside day candle occurs when the cryptocurrency trades well within the preceding day’s high and low and indicates consolidation. As such, Tuesday’s high of $11,567 is now the level to beat for the bulls. A break above that level would signal a continuation of the recent rally and open the doors for resistances above $12,000. Alternatively, acceptance under Tuesday’s low of $11,314 would imply a bearish reversal and could yield deeper declines. That said, the on-chain metrics favor a continued rally. The seven-day average of bitcoin’s hashrate or measure of the processing power dedicated to the blockchain rose to a record high of 144.29 exa hashes per second (quintillion hashes per second) on Tuesday, surpassing the previous peak of 143.19 EH/s observed on Sept. 18, according to data source Glassnode. It indicates high miner confidence in the cryptocurrency’s price prospects. Miners largely operate on cash and liquidate their BTC holdings to fund operations. As such, they are likely to dedicate more resources to the computer-intensive mining process if they are bullish on price. – Omkar Godbole Read More:Bitcoin Steady Above $11,400 as Hashrate Reaches New High Bitcoin (BTC):Giant money manager Fidelity pitches bitcoin as“alternative investment.” Ether (ETH):Ethereum’s network upgrade (Eth 2.0) isexpected soonand could address scaling issues associated with its legacy platform. JPMorgan calls Square’s $50M bitcoin investment “strong vote of confidence” for the cryptocurrency (CoinDesk) Bank of Russia seeks limit on amount of digital assets retail investors can buy (CoinDesk) Blockchain could give $1.7T boost to global economy by 2030, PwC report says (CoinDesk) New cVIX index tracks crypto market volatility (CoinDesk) The saga of Blue Kirby shows DeFiers are a trusting lot, until they’re not (CoinDesk) Coinbase chief compliance officer departs amid as CEO’s “apolitical” stance proves political (CoinDesk) Nasdaq-listed Marathon Patent teams with Beowulf Energy to co-locate bitcoin mining facility in Montana (CoinDesk) Lesson of third quarter is that crypto is “still a retail dominated industry,” The TIE’s Joshua Frank writes (eToro/The TIE) BitMEX charges show that days are gone when innovators could “take a lackadaisical approach to regulatory and legal compliance” (Arca) Coin Metrics analysis maps BitMEX execs Arthur Hayes, Ben Delo and Samuel Reed to their respective withdrawal keys (Coin Metrics): IMF’s Tobias Adrian sees risk of “sharp adjustment in asset prices or periodic bouts of volatility” (IMF) BlackRock’s Larry Fink sees future with just 50% of workers in offices (Bloomberg) Argentine president says government has no intention of devaluing country’s currency (Bloomberg) Chinese tech hub Shenzhen toys with digital yuan pilot program (SCMP) Interest rate cuts in U.S. and elsewhere have China buying hitherto “unattractive” government bonds from Japan (CNBC) Environmental, social and governance concerns could take toll on stock valuations, ValueAct’s Jeffrey Ubben says (Reuters) • First Mover: Privacy Is Litecoin’s Ace in the Hole as JPMorgan Touts Bitcoin • First Mover: Privacy Is Litecoin’s Ace in the Hole as JPMorgan Touts Bitcoin... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
13271.29, 13437.88, 13546.52, 13781.00, 13737.11, 13550.49, 13950.30, 14133.71, 15579.85, 15565.88